<SEC-DOCUMENT>0001752724-19-154757.txt : 20191029
<SEC-HEADER>0001752724-19-154757.hdr.sgml : 20191029
<ACCEPTANCE-DATETIME>20191029140921
ACCESSION NUMBER:		0001752724-19-154757
CONFORMED SUBMISSION TYPE:	NPORT-EX
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20190831
FILED AS OF DATE:		20191029

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GUGGENHEIM STRATEGIC OPPORTUNITIES FUND
		CENTRAL INDEX KEY:			0001380936
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0531

	FILING VALUES:
		FORM TYPE:		NPORT-EX
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-21982
		FILM NUMBER:		191175898

	BUSINESS ADDRESS:	
		STREET 1:		227 WEST MONROE STREET
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60606
		BUSINESS PHONE:		312-827-0100

	MAIL ADDRESS:	
		STREET 1:		227 WEST MONROE STREET
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60606

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CLAYMORE/GUGGENHEIM STRATEGIC OPPORTUNITIES FUND
		DATE OF NAME CHANGE:	20090630

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Claymore/Guggenheim Strategic Opportunities Fund
		DATE OF NAME CHANGE:	20070605

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Claymore Strategic Opportunities Fund
		DATE OF NAME CHANGE:	20061113
<MULTI-ACCESSION-NUMBERS>
ACCESSION NUMBER:		0001752724-19-152371
</MULTI-ACCESSION-NUMBERS>
</SEC-HEADER>
<DOCUMENT>
<TYPE>NPORT-EX
<SEQUENCE>1
<FILENAME>78288gugGOF.htm
<DESCRIPTION>GUGGENHEIM STRATEGIC OPPORTUNITIES NQ
<TEXT>
<html>
  <head>
    <title></title>
    <!-- Licensed to: FGSRocks#1
         Document created using EDGARfilings PROfile 6.3.0.0
         Copyright 1995 - 2019 Broadridge -->
  </head>
<body style="font-family: Arial; font-size: 10pt; text-align: left; color: #000000;" bgcolor="#ffffff">
  <div>
    <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z6a88f36f0673439898f28055ea366580" cellpadding="0" cellspacing="0">

        <tr>
          <td style="width: 80.41%; vertical-align: middle;">
            <div>Guggenheim Strategic Opportunities Fund</div>
          </td>
          <td style="width: 19.59%; vertical-align: middle;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 80.41%; vertical-align: middle;">
            <div style="font-size: 18pt; font-weight: bold;">SCHEDULE OF INVESTMENTS&#160;<font style="font-style: italic;">(Unaudited)&#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; </font></div>
          </td>
          <td style="width: 19.59%; vertical-align: middle;">
            <div style="text-align: right;">August 31, 2019</div>
          </td>
        </tr>
        <tr>
          <td style="width: 80.41%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
          <td style="width: 19.59%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
        </tr>

    </table>
    <div><br>
    </div>
    <div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="zd1d089d86f66444394f618cfb6fb7022" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Shares</div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Value</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="font-weight: bold;">COMMON STOCKS<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;</sup> - 0.3%</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Utilities - 0.1%</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255); padding-bottom: 2px;">
              <div>TexGen Power LLC<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">*,&#8224;&#8224;</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255); padding-bottom: 2px;">
              <div style="text-align: right;">22,219</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255); padding-bottom: 2px;"><br>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right;">
                <div>$852,654</div>
              </div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Consumer, Non-cyclical - 0.1%</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Chef Holdings, Inc.<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">*,&#8224;&#8224;&#8224;,1</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">4,789</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">602,648</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Cengage Learning Holdings II, Inc.<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">*</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">11,126</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">141,857</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Targus Group International Equity, Inc.<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;"> &#8224;&#8224;&#8224;,1,2</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">12,989</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">23,452</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Total Consumer, Non-cyclical</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">767,957</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="font-weight: bold;">Consumer, Cyclical - 0.1%</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255); padding-bottom: 2px;">
              <div>ATD New Holdings, Inc.<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">*,&#8224;&#8224;</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255); padding-bottom: 2px;">
              <div style="text-align: right;">13,571</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255); padding-bottom: 2px;">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right;">393,559</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="font-weight: bold;">Energy - 0.0%</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>SandRidge Energy, Inc.<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">*,3</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">39,565</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">185,164</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Titan Energy LLC<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">*,3</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">9,603</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">461</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Total Energy</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">185,625</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="font-weight: bold;">Technology - 0.0%</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Qlik Technologies, Inc. - Class A<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">*,&#8224;&#8224;&#8224;,1</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">56</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">68,723</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Qlik Technologies, Inc. - Class B<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">*,&#8224;&#8224;&#8224;,1</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">13,812</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#8211;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Qlik Technologies, Inc.<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">*,&#8224;&#8224;&#8224;,1</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">3,600</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#8211;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="font-weight: bold;">Total Technology</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">68,723</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Industrial - 0.0%</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>BP Holdco LLC<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">*,&#8224;&#8224;&#8224;,1,2</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">55,076</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">19,447</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Vector Phoenix Holdings, LP<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">*,&#8224;&#8224;&#8224;,1</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">55,076</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">4,609</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="font-weight: bold;">Total Industrial</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">24,056</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Total Common Stocks</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">(Cost $3,388,998)</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">2,292,574</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">PREFERRED STOCKS<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;</sup> - 0.4%</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="font-weight: bold;">Financial - 0.3%</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Public Storage&#160; 5.40%<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">4</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">41,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">1,072,970</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>AmTrust Financial Services, Inc.&#160; 7.75%<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">4</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">35,100</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">554,580</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>AgriBank FCB&#160; 6.88%<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">4,5</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">4,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">427,000</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>AmTrust Financial Services, Inc.&#160; 7.50%<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">4</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">3,410</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">51,832</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>AmTrust Financial Services, Inc.&#160; 7.63%<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">4</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">2,940</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">45,129</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>AmTrust Financial Services, Inc.&#160; 7.25%<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">4</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">1,685</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">25,696</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Total Financial</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">2,177,207</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="font-weight: bold;">Industrial - 0.1%</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255); padding-bottom: 2px;">
              <div>Lytx Holdings, LLC 11.50%<sup style="font-family: 'Franklin Gothic Book'; vertical-align: text-top; line-height: 1; font-size: smaller;">*,&#8224;&#8224;&#8224;,1,4</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255); padding-bottom: 2px;">
              <div style="text-align: right;">559</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255); padding-bottom: 2px;">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right;">559,157</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="font-weight: bold;">Total Preferred Stocks</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">(Cost $2,530,654)</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">2,736,364</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="font-weight: bold;">WARRANTS<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;&#8224;</sup> - 0.0%</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255); padding-bottom: 2px;">
              <div>Lytx, Inc.<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">*,1</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255); padding-bottom: 2px;">
              <div style="text-align: right;">26</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255); padding-bottom: 2px;">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right;">131</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="font-weight: bold;">Total Warrants</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">(Cost $&#8211;)</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">131</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div><font style="font-weight: bold;">CLOSED-END FUNDS</font><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;</sup><font style="font-weight: bold;"> - 1.9%</font></div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>BlackRock Taxable Municipal Bond Trust</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">114,413</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">2,888,928</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Nuveen Taxable Municipal Income Fund</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">93,215</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">2,108,523</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Nuveen AMT-Free Municipal Credit Income Fund</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">107,447</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">1,804,035</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Shares</div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Value</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div><font style="font-weight: bold;">CLOSED-END FUNDS</font><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;</sup><font style="font-weight: bold;"> - 1.9% (continued)</font></div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Invesco Municipal Opportunity Trust</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">117,656</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);"><br>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">
                <div>$1,502,467</div>
              </div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Invesco Trust for Investment Grade Municipals</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">98,923</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">1,301,827</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Invesco Municipal Trust</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">100,073</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">1,274,930</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Invesco Advantage Municipal Income Trust II</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">88,260</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">1,013,225</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Nuveen AMT-Free Quality Municipal Income Fund</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">27,798</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">398,624</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Nuveen Quality Municipal Income Fund</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">22,971</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">334,228</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>BlackRock MuniVest Fund, Inc.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">22,855</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">216,894</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="font-weight: bold;">Total Closed-End Funds</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">(Cost $12,637,633)</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">12,843,681</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="font-weight: bold;">MONEY MARKET FUND<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;</sup> - 0.9%</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255); padding-bottom: 2px;">
              <div>Dreyfus Treasury Securities Cash Management - Institutional Shares 1.93%<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">6</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255); padding-bottom: 2px;">
              <div style="text-align: right;">5,879,394</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255); padding-bottom: 2px;">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right;">5,879,394</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="font-weight: bold;">Total Money Market Fund</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">(Cost $5,879,394)</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">5,879,394</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Face</div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Amount<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">~</sup></div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td colspan="3" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div><font style="font-weight: bold;">SENIOR FLOATING RATE INTERESTS</font><sup style="font-weight: bold; vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;,8</sup>&#160;<font style="font-weight: bold;">- 38.5%</font></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Industrial -&#160;&#160;8.2%</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Alion Science &amp; Technology Corp.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.61% (1 Month USD LIBOR + 4.50%, Rate Floor: 5.50%) due 08/19/21</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;3,341,940</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;3,341,940</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>PT Intermediate Holdings III LLC</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.33% (3 Month USD LIBOR + 4.00%, Rate Floor: 5.00%) due 12/09/24</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;2,576,244</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;2,501,095</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">10.33% (3 Month USD LIBOR + 8.00%, Rate Floor: 9.00%) due 12/08/25</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;400,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;396,000</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Tronair Parent, Inc.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">6.93% (1 Month USD LIBOR + 4.75% and 3 Month USD LIBOR + 4.75%, Rate Floor: 5.75%) due 09/08/23</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;3,127,837</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;2,815,054</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Dynasty Acquisition Co.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">6.33% (3 Month USD LIBOR + 4.00%, Rate Floor: 4.00%) due 04/06/26</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;2,750,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;2,747,553</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after: always;">
          <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
      </div>
      <div>
        <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z6a88f36f0673439898f28055ea366580" cellpadding="0" cellspacing="0">

            <tr>
              <td style="width: 80.41%; vertical-align: middle;">
                <div>Guggenheim Strategic Opportunities Fund</div>
              </td>
              <td style="width: 19.59%; vertical-align: middle;">&#160;</td>
            </tr>
            <tr>
              <td style="width: 80.41%; vertical-align: middle;">
                <div style="font-size: 18pt; font-weight: bold;">SCHEDULE OF INVESTMENTS&#160;<font style="font-style: italic;">(Unaudited)&#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; </font></div>
              </td>
              <td style="width: 19.59%; vertical-align: middle;">
                <div style="text-align: right;">August 31, 2019</div>
              </td>
            </tr>
            <tr>
              <td style="width: 80.41%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
              <td style="width: 19.59%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
            </tr>

        </table>
      </div>
      <div><br>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td colspan="2" style="vertical-align: top;">
              <div>American Bath Group LLC</div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">6.58% (3 Month USD LIBOR + 4.25%, Rate Floor: 5.25%) due 09/30/23</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;2,687,843</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;2,660,964</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Face</div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;"><br>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Amount<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">~</sup></div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Value</div>
            </td>
          </tr>
          <tr>
            <td colspan="3" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div><font style="font-weight: bold;">SENIOR FLOATING RATE INTERESTS</font><sup style="font-weight: bold; vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;,8</sup> <font style="font-weight: bold;">- 38.5% (continued)</font></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Industrial -&#160;&#160;8.2% (continued)</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Capstone Logistics</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.61% (1 Month USD LIBOR + 4.50%, Rate Floor: 5.50%) due 10/07/21</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">2,613,814</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">$2,598,575</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>ILPEA Parent, Inc.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.87% (1 Month USD LIBOR + 4.75%, Rate Floor: 5.75%) due 03/02/23</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;2,531,851</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;2,506,532</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>WP CPP Holdings LLC</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.01% (1 Month USD LIBOR + 3.75% and 3 Month USD LIBOR + 3.75%, Rate Floor: 4.75%) due 04/30/25</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;2,362,150</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;2,357,733</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>STS Operating, Inc. (SunSource)</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.36% (1 Month USD LIBOR + 4.25%, Rate Floor: 5.25%) due 12/11/24</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;2,058,718</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;2,035,557</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>II-VI Incorporated</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">due 05/07/26</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;2,000,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,990,000</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Tank Holdings Corp.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 0pt; margin-left: 10pt;">6.53% (1 Month USD LIBOR + 4.00% and 12 Month USD LIBOR + 4.00% and 3 Month USD LIBOR + 4.00%, Rate Floor: 4.00%) due 03/26/26</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;2,000,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,985,620</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Sundyne Us Purchaser, Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.11% (1 Month USD LIBOR + 4.00%, Rate Floor: 4.00%) due 05/15/26</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,924,444</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,885,956</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Foundation Building Materials Holding Company LLC</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">5.11% (1 Month USD LIBOR + 3.00%, Rate Floor: 3.00%) due 08/13/25</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,741,250</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,735,817</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Bioplan / Arcade</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.86% (1 Month USD LIBOR + 4.75%, Rate Floor: 5.75%) due 09/23/21</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,858,080</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,690,853</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Transcendia Holdings, Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">5.61% (1 Month USD LIBOR + 3.50%, Rate Floor: 4.50%) due 05/30/24</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,965,075</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,637,556</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>API Holdings III Corp.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.36% (1 Month USD LIBOR + 4.25%, Rate Floor: 4.25%) due 05/11/26</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,600,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,593,328</div>
            </td>
          </tr>

      </table>
      <div style="text-indent: 18pt;"><br>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Face</div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;"><br>
              </div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Amount<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">~</sup></div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Value</div>
            </td>
          </tr>
          <tr>
            <td colspan="3" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div><font style="font-weight: bold;">SENIOR FLOATING RATE INTERESTS</font><sup style="font-weight: bold; vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;,8</sup>&#160;<font style="font-weight: bold;">- 38.5% (continued)</font></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Industrial -&#160;&#160;8.2% (continued)</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Anchor Packaging LLC</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.11% (1 Month USD LIBOR + 4.00%, Rate Floor: 4.00%) due 07/20/26</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">1,353,846</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">$1,345,385</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>National Technical</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">8.48% (1 Month USD LIBOR + 6.25%, Rate Floor: 7.25%) due 06/12/21<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;&#8224;,1</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,377,113</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,332,357</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Avison Young (Canada), Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">7.24% (3 Month USD LIBOR + 5.00% and 2 Month USD LIBOR + 5.00%, Rate Floor: 5.00%) due 01/31/26</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,293,500</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,264,396</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Charter Nex US, Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">5.61% (1 Month USD LIBOR + 3.50%, Rate Floor: 3.50%) due 05/16/24</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,200,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,197,756</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Savage Enterprises LLC</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.21% (1 Month USD LIBOR + 4.00%, Rate Floor: 4.00%) due 08/01/25</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,134,841</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,141,230</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Diversitech Holdings, Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">5.33% (3 Month USD LIBOR + 3.00%, Rate Floor: 4.00%) due 06/02/25</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,000,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;975,000</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">due 06/03/24</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;100,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;97,333</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Fortis Solutions Group LLC</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">6.61% (1 Month USD LIBOR + 4.50%, Rate Floor: 5.50%) due 12/15/23<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;&#8224;,1</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;584,424</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;584,424</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.69% (1 Month USD LIBOR + 4.50%, Rate Floor: 5.50%) due 12/15/23<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;&#8224;,1</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;242,832</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;242,832</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">6.74% (1 Month USD LIBOR + 4.50%, Rate Floor: 5.50%) due 12/15/23<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;&#8224;,1</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;211,023</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;211,023</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after: always;">
          <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
      </div>
      <div>
        <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z6a88f36f0673439898f28055ea366580" cellpadding="0" cellspacing="0">

            <tr>
              <td style="width: 80.41%; vertical-align: middle;">
                <div>Guggenheim Strategic Opportunities Fund</div>
              </td>
              <td style="width: 19.59%; vertical-align: middle;">&#160;</td>
            </tr>
            <tr>
              <td style="width: 80.41%; vertical-align: middle;">
                <div style="font-size: 18pt; font-weight: bold;">SCHEDULE OF INVESTMENTS&#160;<font style="font-style: italic;">(Unaudited)&#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; </font></div>
              </td>
              <td style="width: 19.59%; vertical-align: middle;">
                <div style="text-align: right;">August 31, 2019</div>
              </td>
            </tr>
            <tr>
              <td style="width: 80.41%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
              <td style="width: 19.59%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
            </tr>

        </table>
        <br>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 76%; vertical-align: top;">
              <div>Duran, Inc.</div>
            </td>
            <td style="width: 10%; vertical-align: top;">&#160;</td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">6.39% (3 Month USD LIBOR + 4.00%, Rate Floor: 4.00%) due 12/20/24</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;548,505</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;532,050</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.34% (3 Month USD LIBOR + 4.00%, Rate Floor: 4.75%) due 03/29/24</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;500,285</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;485,276</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Face</div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;"><br>
              </div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Amount<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">~</sup></div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top; text-align: right;">&#160;<font style="font-weight: bold;">Value</font></td>
          </tr>
          <tr>
            <td colspan="3" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div><font style="font-weight: bold;">SENIOR FLOATING RATE INTERESTS</font><sup style="font-weight: bold; vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;,8</sup>&#160;<font style="font-weight: bold;">- 38.5% (continued)</font></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Industrial -&#160;&#160;8.2% (continued)</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Bhi Investments LLC</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">10.95% (3 Month USD LIBOR + 8.75%, Rate Floor: 9.75%) due 02/28/25<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;&#8224;,1</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">1,000,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">$987,500</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Arctic Long Carriers</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.83% (3 Month USD LIBOR + 4.50%, Rate Floor: 5.50%) due 05/18/23</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;980,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;960,812</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Hillman Group, Inc.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.11% (1 Month USD LIBOR + 4.00%, Rate Floor: 4.00%) due 05/30/25</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;992,481</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;960,722</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Pelican Products, Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">5.70% (1 Month USD LIBOR + 3.50%, Rate Floor: 4.50%) due 05/01/25</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;990,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;952,875</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>ProAmpac PG Borrower LLC</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">10.62% (3 Month USD LIBOR + 8.50%, Rate Floor: 9.50%) due 11/18/24</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,000,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;948,330</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>SLR Consulting Ltd.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.17% (1 Month USD LIBOR + 4.00%, Rate Floor: 4.00%) due 06/23/25<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;&#8224;,1</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;793,980</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;776,122</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">6.17% (1 Month USD LIBOR + 4.00%, Rate Floor: 4.00%) due 05/23/25<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;&#8224;,1</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;113,520</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;110,967</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>YAK MAT (YAK ACCESS LLC)</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">12.18% (1 Month USD LIBOR + 10.00%, Rate Floor: 10.00%) due 07/10/26</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;1,000,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;867,500</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Thermon Group Holdings, Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">5.98% (1 Month USD LIBOR + 3.75%, Rate Floor: 4.75%) due 10/30/24</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;748,064</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;740,583</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>BWAY Holding Co.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">5.59% (3 Month USD LIBOR + 3.25%, Rate Floor: 3.25%) due 04/03/24</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;499,109</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;484,680</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Dimora Brands, Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">5.61% (1 Month USD LIBOR + 3.50%, Rate Floor: 4.50%) due 08/24/24</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;486,563</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;468,317</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Titan Acquisition Ltd. (Husky)</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">5.11% (1 Month USD LIBOR + 3.00%, Rate Floor: 3.00%) due 03/28/25</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;299,495</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;286,850</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Face</div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;"><br>
              </div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Amount<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">~</sup></div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top; text-align: right;">&#160;<font style="font-weight: bold;">Value</font></td>
          </tr>
          <tr>
            <td colspan="3" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div><font style="font-weight: bold;">SENIOR FLOATING RATE INTERESTS</font><sup style="font-weight: bold; vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;,8</sup>&#160;<font style="font-weight: bold;">- 38.5% (continued)</font></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Industrial -&#160;&#160;8.2% (continued)</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Hayward Industries, Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">5.61% (1 Month USD LIBOR + 3.50%, Rate Floor: 3.50%) due 08/05/24</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">265,236</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">$254,295</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>TricorBraun Holdings, Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.02% (2 Month USD LIBOR + 3.75% and 3 Month USD LIBOR + 3.75%, Rate Floor: 4.75%) due 11/30/23</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;200,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;194,500</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>KUEHG Corp. (KinderCare)</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.08% (3 Month USD LIBOR + 3.75%, Rate Floor: 4.75%) due 02/21/25</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;100,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;99,150</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="font-weight: bold;">Total Industrial</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;54,982,398</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Consumer, Cyclical -&#160;&#160;8.2%</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>EG Finco Ltd.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.33% (3 Month USD LIBOR + 4.00%, Rate Floor: 4.00%) due 02/07/25</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;3,015,010</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;2,967,915</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">8.75% (3 Month EURIBOR + 7.75%, Rate Floor: 8.75%) due 04/20/26</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">EUR &#160;249,505</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;271,816</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Accuride Corp.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">7.58% (3 Month USD LIBOR + 5.25%, Rate Floor: 6.25%) due 11/17/23</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;3,385,382</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;2,894,502</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Titan AcquisitionCo New Zealand Ltd. (Trade Me)</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">6.50% (2 Month USD LIBOR + 4.25%, Rate Floor: 4.25%) due 05/01/26</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;2,800,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;2,798,824</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after: always;">
          <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
      </div>
      <div>
        <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z6a88f36f0673439898f28055ea366580" cellpadding="0" cellspacing="0">

            <tr>
              <td style="width: 80.41%; vertical-align: middle;">
                <div>Guggenheim Strategic Opportunities Fund</div>
              </td>
              <td style="width: 19.59%; vertical-align: middle;">&#160;</td>
            </tr>
            <tr>
              <td style="width: 80.41%; vertical-align: middle;">
                <div style="font-size: 18pt; font-weight: bold;">SCHEDULE OF INVESTMENTS&#160;<font style="font-style: italic;">(Unaudited)&#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; </font></div>
              </td>
              <td style="width: 19.59%; vertical-align: middle;">
                <div style="text-align: right;">August 31, 2019</div>
              </td>
            </tr>
            <tr>
              <td style="width: 80.41%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
              <td style="width: 19.59%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
            </tr>

        </table>
      </div>
      <div><br>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 76%; vertical-align: top;">
              <div>1-800 Contacts</div>
            </td>
            <td style="width: 10%; vertical-align: top;">&#160;</td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">5.45% (3 Month USD LIBOR + 3.25%, Rate Floor: 4.25%) due 01/22/23</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;2,489,917</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;2,458,793</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>CH Holding Corp.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">5.71% (1 Month USD LIBOR + 3.50%, Rate Floor: 3.50%) due 02/05/26</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;2,000,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;2,005,000</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>K &amp; N Parent, Inc.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">6.86% (1 Month USD LIBOR + 4.75%, Rate Floor: 5.75%) due 10/20/23</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;1,942,918</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;1,816,629</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>BGIS (BIFM CA Buyer, Inc.)</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">5.87% (3 Month USD LIBOR + 3.75%, Rate Floor: 3.75%) due 06/01/26</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;1,750,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;1,745,625</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Face</div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;"><br>
              </div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Amount<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">~</sup></div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top; text-align: right;">&#160;<font style="font-weight: bold;">Value</font></td>
          </tr>
          <tr>
            <td colspan="3" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div><font style="font-weight: bold;">SENIOR FLOATING RATE INTERESTS</font><sup style="font-weight: bold; vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;,8</sup>&#160;<font style="font-weight: bold;">- 38.5% (continued)</font></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Consumer, Cyclical -&#160;&#160;8.2% (continued)</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Shields Health Solutions Holdings LLC</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">7.15% (3 Month USD LIBOR + 5.00%, Rate Floor: 5.00%) due 08/19/26</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">1,750,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">$1,741,250</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Midas Intermediate Holdco II LLC</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">5.08% (3 Month USD LIBOR + 2.75%, Rate Floor: 3.75%) due 08/18/21</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,778,468</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,713,999</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>World Triathlon Corp.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.45% (3 Month USD LIBOR + 4.25%, Rate Floor: 5.25%) due 08/15/26</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,650,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,653,102</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Power Solutions (Panther)</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">5.61% (1 Month USD LIBOR + 3.50%, Rate Floor: 3.50%) due 04/30/26</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,650,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,625,250</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>BBB Industries, LLC</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.76% (2 Month USD LIBOR + 4.50%, Rate Floor: 4.50%) due 08/01/25</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,638,620</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,607,896</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>ERM</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.10% (2 Month USD LIBOR + 3.75%, Rate Floor: 3.75%) due 07/10/26</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,600,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,589,328</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>CPI Acquisition, Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.71% (3 Month USD LIBOR + 4.50%, Rate Floor: 6.50%) due 08/17/22</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;2,021,782</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,576,565</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>SHO Holding I Corp.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">7.26% (3 Month USD LIBOR + 5.00%, Rate Floor: 6.00%) due 10/27/22</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,299,176</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,221,225</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">6.20% (2 Month USD LIBOR + 4.00% and 3 Month USD LIBOR + 4.00%, Rate Floor: 4.00%) due 10/27/21<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;&#8224;,1</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;374,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;354,978</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>BCPE Empire Holdings, Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">6.11% (1 Month USD LIBOR + 4.00%, Rate Floor: 4.00%) due 06/11/26</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;1,587,342</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;1,559,563</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Touchtunes Interactive Network</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">6.86% (1 Month USD LIBOR + 4.75%, Rate Floor: 5.75%) due 05/28/21</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;1,557,740</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;1,542,163</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Face</div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;"><br>
              </div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Amount<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">~</sup></div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top; text-align: right;">&#160;<font style="font-weight: bold;">Value</font></td>
          </tr>
          <tr>
            <td colspan="3" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div><font style="font-weight: bold;">SENIOR FLOATING RATE INTERESTS</font><sup style="font-weight: bold; vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;,8</sup>&#160;<font style="font-weight: bold;">- 38.5% (continued)</font></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Consumer, Cyclical -&#160;&#160;8.2% (continued)</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Comet Bidco Ltd.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">7.12% (3 Month USD LIBOR + 5.00%, Rate Floor: 6.00%) due 09/30/24</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">1,477,612</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">$1,451,754</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>IBC Capital Ltd.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.15% (3 Month USD LIBOR + 3.75%, Rate Floor: 3.75%) due 09/11/23</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,437,500</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,427,624</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Blue Nile, Inc.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">8.62% (3 Month USD LIBOR + 6.50%, Rate Floor: 7.50%) due 02/17/23</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,800,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,422,000</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>EnTrans International, LLC</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">8.11% (1 Month USD LIBOR + 6.00%, Rate Floor: 6.00%) due 11/01/24</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,443,750</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,393,219</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Zephyr Bidco Ltd.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">8.21% (1 Month GBP LIBOR + 7.50%, Rate Floor: 7.50%) due 07/23/26</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">GBP &#160;1,100,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,323,932</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Alexander Mann</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">7.15% (1 Month USD LIBOR + 5.00%, Rate Floor: 5.00%) due 06/16/25</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,300,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,248,000</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Apro LLC</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.30% (2 Month USD LIBOR + 4.00%, Rate Floor: 5.00%) due 08/08/24</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,157,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,162,785</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after: always;">
          <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
      </div>
      <div>
        <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z6a88f36f0673439898f28055ea366580" cellpadding="0" cellspacing="0">

            <tr>
              <td style="width: 80.41%; vertical-align: middle;">
                <div>Guggenheim Strategic Opportunities Fund</div>
              </td>
              <td style="width: 19.59%; vertical-align: middle;">&#160;</td>
            </tr>
            <tr>
              <td style="width: 80.41%; vertical-align: middle;">
                <div style="font-size: 18pt; font-weight: bold;">SCHEDULE OF INVESTMENTS&#160;<font style="font-style: italic;">(Unaudited)&#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; </font></div>
              </td>
              <td style="width: 19.59%; vertical-align: middle;">
                <div style="text-align: right;">August 31, 2019</div>
              </td>
            </tr>
            <tr>
              <td style="width: 80.41%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
              <td style="width: 19.59%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
            </tr>

        </table>
        <br>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>WESCO</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.62% (1 Month USD LIBOR + 4.50%, Rate Floor: 5.50%) due 06/14/24<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;&#8224;,1</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,164,559</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,159,930</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>SMG US Midco 2, Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">5.11% (1 Month USD LIBOR + 3.00%, Rate Floor: 3.00%) due 01/23/25</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;987,500</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;979,481</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">9.11% (1 Month USD LIBOR + 7.00%, Rate Floor: 7.00%) due 01/23/26</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;125,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;126,173</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Face</div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;"><br>
              </div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Amount<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">~</sup></div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top; text-align: right;">&#160;<font style="font-weight: bold;">Value</font></td>
          </tr>
          <tr>
            <td colspan="3" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div><font style="font-weight: bold;">SENIOR FLOATING RATE INTERESTS</font><sup style="font-weight: bold; vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;,8</sup>&#160;<font style="font-weight: bold;">- 38.5% (continued)</font></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Consumer, Cyclical -&#160;&#160;8.2% (continued)</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Galls LLC</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">8.37% (3 Month USD LIBOR + 6.25%, Rate Floor: 7.25%) due 01/31/25<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;&#8224;,1</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">838,076</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">$830,771</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">9.31% (1 Month USD LIBOR + 6.25% and Commercial Prime Lending Rate + 5.25%, Rate Floor: 7.25%) due 01/31/24<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;&#8224;,1</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;120,395</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;108,842</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">8.38% (1 Month USD LIBOR + 6.25% and 3 Month USD LIBOR + 6.25%, Rate Floor: 7.25%) due 01/31/25<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;&#8224;,1</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;95,772</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;94,937</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">8.73% (1 Month USD LIBOR + 6.25%, Rate Floor: 7.25%) due 01/31/25<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;&#8224;,1</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;27,561</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;27,321</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Cast &amp; Crew Payroll LLC</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">6.12% (1 Month USD LIBOR + 4.00%, Rate Floor: 4.00%) due 02/09/26</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;997,500</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;1,000,303</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>AT Home Holding III</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">5.76% (3 Month USD LIBOR + 3.50%, Rate Floor: 4.50%) due 06/03/22</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;1,101,373</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;969,208</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Checkers Drive-In Restaurants, Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">6.38% (3 Month USD LIBOR + 4.25%, Rate Floor: 5.25%) due 04/25/24</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;1,005,426</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;650,179</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>NES Global Talent</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">7.76% (3 Month USD LIBOR + 5.50%, Rate Floor: 6.50%) due 05/11/23</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;620,573</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;617,470</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Belk, Inc.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">6.94% (1 Month USD LIBOR + 4.75%, Rate Floor: 5.75%) due 12/12/22</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;779,008</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;605,243</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Truck Hero, Inc.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">5.86% (1 Month USD LIBOR + 3.75%, Rate Floor: 3.75%) due 04/22/24</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;647,783</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;591,640</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Nellson Nutraceutical</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">6.58% (3 Month USD LIBOR + 4.25% and Commercial Prime Lending Rate + 3.25%, Rate Floor: 5.25%) due 12/23/21</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;581,350</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;540,655</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Face</div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;"><br>
              </div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Amount<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">~</sup></div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top; text-align: right;">&#160;<font style="font-weight: bold;">Value</font></td>
          </tr>
          <tr>
            <td colspan="3" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div><font style="font-weight: bold;">SENIOR FLOATING RATE INTERESTS</font><sup style="font-weight: bold; vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;,8</sup>&#160;<font style="font-weight: bold;">- 38.5% (continued)</font></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Consumer, Cyclical -&#160;&#160;8.2% (continued)</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Aimbridge Acquisition Co., Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">5.99% (1 Month USD LIBOR + 3.75%, Rate Floor: 3.75%) due 02/02/26</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">498,750</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">$499,997</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>American Tire Distributors, Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">8.15% (3 Month USD LIBOR + 6.00%, Rate Floor: 7.00%) due 09/01/23</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;425,232</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;418,853</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">9.62% (3 Month USD LIBOR + 7.50%, Rate Floor: 8.50%) due 09/02/24</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;83,072</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;74,765</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Outcomes Group Holdings, Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">5.62% (1 Month USD LIBOR + 3.50% and 3 Month USD LIBOR + 3.50%, Rate Floor: 3.50%) due 10/24/25</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;499,499</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;492,631</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Drive Chassis (DCLI)</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">10.59% (3 Month USD LIBOR + 8.25%, Rate Floor: 8.25%) due 04/10/26</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;500,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;472,500</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Leslie&#8217;s Poolmart, Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">5.76% (2 Month USD LIBOR + 3.50%, Rate Floor: 3.50%) due 08/16/23</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;462,453</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;432,393</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Packers Sanitation Services, Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">5.32% (3 Month USD LIBOR + 3.00%, Rate Floor: 4.00%) due 12/04/24</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;398,987</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;392,671</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after: always;">
          <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
      </div>
      <div>
        <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z6a88f36f0673439898f28055ea366580" cellpadding="0" cellspacing="0">

            <tr>
              <td style="width: 80.41%; vertical-align: middle;">
                <div>Guggenheim Strategic Opportunities Fund</div>
              </td>
              <td style="width: 19.59%; vertical-align: middle;">&#160;</td>
            </tr>
            <tr>
              <td style="width: 80.41%; vertical-align: middle;">
                <div style="font-size: 18pt; font-weight: bold;">SCHEDULE OF INVESTMENTS&#160;<font style="font-style: italic;">(Unaudited)&#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; </font></div>
              </td>
              <td style="width: 19.59%; vertical-align: middle;">
                <div style="text-align: right;">August 31, 2019</div>
              </td>
            </tr>
            <tr>
              <td style="width: 80.41%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
              <td style="width: 19.59%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
            </tr>

        </table>
      </div>
      <div><br>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td colspan="2" style="vertical-align: top;">
              <div>AVSC Holding Corp.</div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 0pt; margin-left: 10pt;">5.44% (1 Month USD LIBOR + 3.25% and 1 Week USD LIBOR + 3.25% and 3 Month USD LIBOR + 3.25%, Rate Floor: 4.25%) due 03/03/25</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;324,747</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;314,463</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Mavis Tire Express Services Corp.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">5.36% (1 Month USD LIBOR + 3.25%, Rate Floor: 3.25%) due 03/20/25</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;291,071</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;285,069</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Face</div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;"><br>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Amount<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">~</sup></div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Value</div>
            </td>
          </tr>
          <tr>
            <td colspan="3" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div><font style="font-weight: bold;">SENIOR FLOATING RATE INTERESTS</font><sup style="font-weight: bold; vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;,8</sup>&#160;<font style="font-weight: bold;">- 38.5% (continued)</font></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Consumer, Cyclical -&#160;&#160;8.2% (continued)</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Argo Merchants</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.08% (3 Month USD LIBOR + 3.75%, Rate Floor: 4.75%) due 12/06/24</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">149,264</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">$148,144</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>OEConnection LLC</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.12% (1 Month USD LIBOR + 4.00% and Commercial Prime Lending Rate + 3.00%, Rate Floor: 5.00%) due 11/22/24</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;99,747</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;99,622</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Eyemart Express</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">5.15% (1 Month USD LIBOR + 3.00%, Rate Floor: 4.00%) due 08/04/24</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;99,746</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;99,123</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Petco Animal Supplies, Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">5.51% (3 Month USD LIBOR + 3.25%, Rate Floor: 4.25%) due 01/26/23</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;98,721</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;70,421</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="font-weight: bold;">Total Consumer, Cyclical</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">54,676,542</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Technology -&#160;&#160;7.6%</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>TIBCO Software, Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.25% (1 Month USD LIBOR + 4.00%, Rate Floor: 4.00%) due 06/30/26</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;3,250,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;3,246,945</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Cologix Holdings, Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">5.86% (1 Month USD LIBOR + 3.75%, Rate Floor: 3.75%) due 03/20/24</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;3,150,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;3,031,875</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Planview, Inc.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">7.36% (1 Month USD LIBOR + 5.25%, Rate Floor: 6.25%) due 01/27/23<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;&#8224;,1</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,960,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,960,000</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">11.86% (1 Month USD LIBOR + 9.75%, Rate Floor: 10.75%) due 07/27/23<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;&#8224;,1</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;900,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;908,735</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>GlobalFoundries, Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">6.13% (1 Month USD LIBOR + 4.00%, Rate Floor: 4.00%) due 06/05/26</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;2,350,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;2,300,063</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Emerald TopCo, Inc. (Press Ganey)</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">5.61% (1 Month USD LIBOR + 3.50%, Rate Floor: 3.50%) due 07/24/26</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;2,300,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;2,286,591</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Face</div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;"><br>
              </div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Amount<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">~</sup></div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top; text-align: right;">&#160;<font style="font-weight: bold;">Value</font></td>
          </tr>
          <tr>
            <td colspan="3" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div><font style="font-weight: bold;">SENIOR FLOATING RATE INTERESTS</font><sup style="font-weight: bold; vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;,8</sup>&#160;<font style="font-weight: bold;">- 38.5% (continued)</font></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Technology -&#160;&#160;7.6% (continued)</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Datix Bidco Ltd.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">7.12% (6 Month USD LIBOR + 4.50%, Rate Floor: 4.50%) due 04/28/25<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;&#8224;,1</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">2,001,644</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">$1,985,533</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">10.37% (6 Month USD LIBOR + 7.75%, Rate Floor: 7.75%) due 04/27/26<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;&#8224;,1</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;300,111</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;297,457</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>LANDesk Group, Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">6.47% (1 Month USD LIBOR + 4.25%, Rate Floor: 5.25%) due 01/20/24</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;2,221,716</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;2,213,385</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Ministry Brands LLC</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">6.33% (3 Month USD LIBOR + 4.00%, Rate Floor: 5.00%) due 12/02/22</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;2,179,228</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;2,168,332</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Bullhorn, Inc.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">8.91% (3 Month USD LIBOR + 6.75%, Rate Floor: 7.75%) due 11/21/22<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;&#8224;,1</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;2,173,535</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;2,164,815</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>EIG Investors Corp.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">5.88% (1 Month USD LIBOR + 3.75% and 3 Month USD LIBOR + 3.75%, Rate Floor: 4.75%) due 02/09/23</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;2,041,375</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;2,004,201</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Upland Software, Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">5.86% (1 Month USD LIBOR + 3.75%, Rate Floor: 3.75%) due 08/06/26</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;2,000,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;2,003,760</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after: always;">
          <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z6a88f36f0673439898f28055ea366580" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 80.41%; vertical-align: middle;">
              <div>Guggenheim Strategic Opportunities Fund</div>
            </td>
            <td style="width: 19.59%; vertical-align: middle;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 80.41%; vertical-align: middle;">
              <div style="font-size: 18pt; font-weight: bold;">SCHEDULE OF INVESTMENTS&#160;<font style="font-style: italic;">(Unaudited)&#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; </font></div>
            </td>
            <td style="width: 19.59%; vertical-align: middle;">
              <div style="text-align: right;">August 31, 2019</div>
            </td>
          </tr>
          <tr>
            <td style="width: 80.41%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
            <td style="width: 19.59%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
          </tr>

      </table>
      <div><br>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 76%; vertical-align: top;">
              <div>Cvent, Inc.</div>
            </td>
            <td style="width: 10%; vertical-align: top;">&#160;</td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">5.86% (1 Month USD LIBOR + 3.75%, Rate Floor: 4.75%) due 11/29/24</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;1,975,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;1,942,294</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Brave Parent Holdings, Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">6.26% (3 Month USD LIBOR + 4.00%, Rate Floor: 4.00%) due 04/18/25</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;1,881,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;1,784,599</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Dun &amp; Bradstreet</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">7.15% (1 Month USD LIBOR + 5.00%, Rate Floor: 5.00%) due 02/06/26</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;1,750,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;1,753,640</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Park Place Technologies LLC</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">6.11% (1 Month USD LIBOR + 4.00%, Rate Floor: 5.00%) due 03/29/25</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;1,074,198</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;1,063,456</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">10.11% (1 Month USD LIBOR + 8.00%, Rate Floor: 9.00%) due 03/29/26</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;680,723</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;670,512</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Face</div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;"><br>
              </div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Amount<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">~</sup></div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top; text-align: right;">&#160;<font style="font-weight: bold;">Value</font></td>
          </tr>
          <tr>
            <td colspan="3" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div><font style="font-weight: bold;">SENIOR FLOATING RATE INTERESTS</font><sup style="font-weight: bold; vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;,8</sup>&#160;<font style="font-weight: bold;">- 38.5% (continued)</font></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Technology -&#160;&#160;7.6% (continued)</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>MRI Software LLC</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">7.87% (1 Month USD LIBOR + 5.75%, Rate Floor: 6.75%) due 06/30/23</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">1,689,484</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">$1,672,586</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>S2P Acquisition Borrower, Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.20% (3 Month USD LIBOR + 4.00%, Rate Floor: 4.00%) due 08/14/26</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,650,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,647,245</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>24-7 Intouch, Inc.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.36% (1 Month USD LIBOR + 4.25%, Rate Floor: 4.25%) due 08/25/25</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,488,750</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,429,200</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Refinitiv (Financial &amp; Risk Us Holdings, Inc.)</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">5.86% (1 Month USD LIBOR + 3.75%, Rate Floor: 3.75%) due 10/01/25</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,393,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,399,185</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Transact Holdings, Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">7.01% (3 Month USD LIBOR + 4.75%, Rate Floor: 4.75%) due 04/30/26</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,350,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,336,500</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Advanced Computer Software</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.96% (1 Month USD LIBOR + 4.75%, Rate Floor: 4.75%) due 05/31/24</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,316,134</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,313,397</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Lytx, Inc.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">8.86% (1 Month USD LIBOR + 6.75%, Rate Floor: 7.75%) due 08/31/23<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;&#8224;,1</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,139,479</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,120,682</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Optiv, Inc.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">5.36% (1 Month USD LIBOR + 3.25%, Rate Floor: 4.25%) due 02/01/24</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,258,382</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,031,873</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Project Boost Purchaser LLC</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">5.61% (1 Month USD LIBOR + 3.50%, Rate Floor: 3.50%) due 06/01/26</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,000,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;989,380</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Aspect Software, Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">7.21% (3 Month USD LIBOR + 5.00%, Rate Floor: 6.00%) due 01/15/24</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,020,112</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;949,551</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Greenway Health LLC</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.08% (3 Month USD LIBOR + 3.75%, Rate Floor: 4.75%) due 02/16/24</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;987,406</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;867,268</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Face</div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;"><br>
              </div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Amount<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">~</sup></div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top; text-align: right; font-weight: bold;">&#160;Value</td>
          </tr>
          <tr>
            <td colspan="3" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div><font style="font-weight: bold;">SENIOR FLOATING RATE INTERESTS</font><sup style="font-weight: bold; vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;,8</sup>&#160;<font style="font-weight: bold;">- 38.5% (continued)</font></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Technology -&#160;&#160;7.6% (continued)</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Informatica LLC</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">5.36% (1 Month USD LIBOR + 3.25%, Rate Floor: 3.25%) due 08/05/22</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">797,969</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">$798,137</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Solera LLC</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.61% (1 Month USD LIBOR + 4.50% and 1 Week USD LIBOR + 4.50%, Rate Floor: 4.50%) due 03/03/21<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;&#8224;,1</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;535,357</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;512,634</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Ping Identity Corp.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">5.86% (1 Month USD LIBOR + 3.75%, Rate Floor: 4.75%) due 01/24/25</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;495,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;493,763</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Apttus Corp.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">due 10/02/21<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;&#8224;,1</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;425,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;423,478</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Project Accelerate Parent, LLC</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.45% (1 Month USD LIBOR + 4.25%, Rate Floor: 5.25%) due 01/02/25</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;420,500</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;418,397</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after: always;">
          <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z6a88f36f0673439898f28055ea366580" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 80.41%; vertical-align: middle;">
              <div>Guggenheim Strategic Opportunities Fund</div>
            </td>
            <td style="width: 19.59%; vertical-align: middle;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 80.41%; vertical-align: middle;">
              <div style="font-size: 18pt; font-weight: bold;">SCHEDULE OF INVESTMENTS&#160;<font style="font-style: italic;">(Unaudited)&#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; </font></div>
            </td>
            <td style="width: 19.59%; vertical-align: middle;">
              <div style="text-align: right;">August 31, 2019</div>
            </td>
          </tr>
          <tr>
            <td style="width: 80.41%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
            <td style="width: 19.59%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
          </tr>

      </table>
      <div><br>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Misys Ltd.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">5.70% (1 Month USD LIBOR + 3.50%, Rate Floor: 4.50%) due 06/13/24</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;396,804</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;382,364</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Peak 10 Holding Corp.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">5.83% (3 Month USD LIBOR + 3.50%, Rate Floor: 3.50%) due 08/01/24</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;246,859</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;212,094</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Targus Group International, Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">due 05/24/16<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;&#8224;,1,2,12</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;155,450</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#8211;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="font-weight: bold;">Total Technology</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;50,783,927</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Consumer, Non-cyclical -&#160;&#160;5.4%</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>WIRB - Copernicus Group, Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.57% (2 Month USD LIBOR + 4.25%, Rate Floor: 5.25%) due 08/15/22</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;3,623,538</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;3,605,420</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Springs Window Fashions</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.40% (1 Month USD LIBOR + 4.25%, Rate Floor: 4.25%) due 06/15/25</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,790,905</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,766,280</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">10.65% (1 Month USD LIBOR + 8.50%, Rate Floor: 8.50%) due 06/15/26</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;1,350,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;1,296,000</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Face</div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;"><br>
              </div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Amount<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">~</sup></div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top; text-align: right;">&#160;<font style="font-weight: bold;">Value</font></td>
          </tr>
          <tr>
            <td colspan="3" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div><font style="font-weight: bold;">SENIOR FLOATING RATE INTERESTS</font><sup style="font-weight: bold; vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;,8</sup>&#160;<font style="font-weight: bold;">- 38.5% (continued)</font></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Consumer, Non-cyclical -&#160;&#160;5.4% (continued)</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Endo Luxembourg Finance Co.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.38% (1 Month USD LIBOR + 4.25%, Rate Floor: 5.00%) due 04/29/24</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">2,261,967</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">$2,061,218</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Civitas Solutions, Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.37% (1 Month USD LIBOR + 4.25%, Rate Floor: 4.25%) due 03/09/26</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,995,292</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,986,573</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Immucor, Inc.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">7.33% (3 Month USD LIBOR + 5.00%, Rate Floor: 6.00%) due 06/15/21</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,960,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,949,965</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>PlayPower, Inc.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">7.76% (2 Month USD LIBOR + 5.50%, Rate Floor: 5.50%) due 05/08/26</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,850,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,847,688</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Arctic Glacier Group Holdings, Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">5.61% (1 Month USD LIBOR + 3.50%, Rate Floor: 4.50%) due 03/20/24</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,772,602</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,728,287</div>
            </td>
          </tr>
          <tr>
            <td colspan="3" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>ScribeAmerica Intermediate Holdco LLC (Healthchannels)</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.70% (1 Month USD LIBOR + 4.50%, Rate Floor: 4.50%) due 04/03/25</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,632,362</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,595,634</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Confluent Health LLC</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">7.40% (3 Month USD LIBOR + 5.00%, Rate Floor: 5.00%) due 06/24/26</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,600,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,584,000</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>MDVIP LLC</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.36% (1 Month USD LIBOR + 4.25%, Rate Floor: 5.25%) due 11/14/24</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,477,500</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,462,725</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>BCPE Eagle Buyer LLC</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.36% (1 Month USD LIBOR + 4.25%, Rate Floor: 5.25%) due 03/18/24</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,467,724</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,442,038</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>California Cryobank</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.32% (3 Month USD LIBOR + 4.00%, Rate Floor: 4.00%) due 08/06/25</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,440,244</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,429,443</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Hearthside Group Holdings LLC</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.11% (1 Month USD LIBOR + 4.00%, Rate Floor: 4.00%) due 05/23/25</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,442,750</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,399,467</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Face</div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;"><br>
              </div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Amount<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">~</sup></div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top; text-align: right;">&#160;<font style="font-weight: bold;">Value</font></td>
          </tr>
          <tr>
            <td colspan="3" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div><font style="font-weight: bold;">SENIOR FLOATING RATE INTERESTS</font><sup style="font-weight: bold; vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;,8</sup>&#160;<font style="font-weight: bold;">- 38.5% (continued)</font></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Consumer, Non-cyclical -&#160;&#160;5.4% (continued)</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Smart Foodservice (Sage Borrowco LLC)</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">7.13% (3 Month USD LIBOR + 4.75%, Rate Floor: 4.75%) due 06/19/26</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">1,300,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">$1,301,625</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Packaging Coordinators Midco, Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.33% (1 Month USD LIBOR + 4.00%, Rate Floor: 5.00%) due 06/30/23</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;830,440</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;826,977</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">6.18% (1 Month USD LIBOR + 4.00%, Rate Floor: 4.00%) due 07/01/21<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;&#8224;,1</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;230,769</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;220,169</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Tecbid US, Inc.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">6.58% (3 Month USD LIBOR + 4.25%, Rate Floor: 4.25%) due 07/25/24</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;988,890</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;986,418</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Affordable Care Holding</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">7.01% (2 Month USD LIBOR + 4.75%, Rate Floor: 5.75%) due 10/24/22</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;970,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;938,475</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after: always;">
          <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
      </div>
      <div>
        <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z6a88f36f0673439898f28055ea366580" cellpadding="0" cellspacing="0">

            <tr>
              <td style="width: 80.41%; vertical-align: middle;">
                <div>Guggenheim Strategic Opportunities Fund</div>
              </td>
              <td style="width: 19.59%; vertical-align: middle;">&#160;</td>
            </tr>
            <tr>
              <td style="width: 80.41%; vertical-align: middle;">
                <div style="font-size: 18pt; font-weight: bold;">SCHEDULE OF INVESTMENTS&#160;<font style="font-style: italic;">(Unaudited)&#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; </font></div>
              </td>
              <td style="width: 19.59%; vertical-align: middle;">
                <div style="text-align: right;">August 31, 2019</div>
              </td>
            </tr>
            <tr>
              <td style="width: 80.41%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
              <td style="width: 19.59%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
            </tr>

        </table>
      </div>
      <div><br>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td colspan="2" style="vertical-align: top;">
              <div>Sotera Health Holdings LLC</div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">5.74% (1 Month USD LIBOR + 3.50%, Rate Floor: 4.50%) due 05/15/22</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;900,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;888,750</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Give and Go Prepared Foods Corp.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">6.37% (3 Month USD LIBOR + 4.25%, Rate Floor: 5.25%) due 07/29/23</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;825,300</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;763,403</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>CPI Holdco LLC</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">5.54% (3 Month USD LIBOR + 3.50%, Rate Floor: 4.50%) due 03/21/24</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;692,911</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;689,883</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>CTI Foods Holding Co. LLC</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">9.26% (3 Month USD LIBOR + 7.00%, Rate Floor: 8.00%) due 05/03/24</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;468,529</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;468,529</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">11.26% (3 Month USD LIBOR + 9.00%, Rate Floor: 10.00%) due 05/03/24</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;190,901</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;179,447</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Certara, Inc.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 0pt; margin-left: 10pt;">5.83% (3 Month USD LIBOR + 3.50%, Rate Floor: 3.50%) due 08/15/24</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;614,568</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;606,118</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Face</div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;"><br>
              </div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Amount<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">~</sup></div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top; text-align: right;">&#160;<font style="font-weight: bold;">Value</font></td>
          </tr>
          <tr>
            <td colspan="3" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div><font style="font-weight: bold;">SENIOR FLOATING RATE INTERESTS</font><sup style="font-weight: bold; vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;,8</sup>&#160;<font style="font-weight: bold;">- 38.5% (continued)</font></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Consumer, Non-cyclical -&#160;&#160;5.4% (continued)</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Moran Foods LLC</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">8.33% (3 Month USD LIBOR + 6.00%, Rate Floor: 7.00%) due 12/05/23</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">1,194,386</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">$515,975</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Hoffmaster Group, Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.33% (3 Month USD LIBOR + 4.00%, Rate Floor: 5.00%) due 11/21/23</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;439,903</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;435,231</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Kar Nut Products Company</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.61% (1 Month USD LIBOR + 4.50%, Rate Floor: 5.50%) due 03/31/23<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;&#8224;,1</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;373,965</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;371,172</div>
            </td>
          </tr>

      </table>
      <div>
        <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" border="0" cellpadding="0" cellspacing="0">

            <tr>
              <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div>Acosta, Inc.</div>
              </td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div style="text-indent: 9pt;">7.50% (Commercial Prime Lending Rate + 2.25%, Rate Floor: 3.25%) due 09/26/19</div>
              </td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">&#160;&#160;488,267</div>
              </td>
              <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">&#160;166,011</div>
              </td>
            </tr>

        </table>
      </div>
      <div>
        <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: rgb(0, 0, 0);" border="0" cellpadding="0" cellspacing="0">

            <tr>
              <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div style="text-indent: 9pt;">5.40% (1 Month USD LIBOR + 3.25% and Commercial Prime Lending Rate + 2.25%, Rate Floor: 3.25%) due 09/26/19</div>
              </td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">&#160;&#160;419,974</div>
              </td>
              <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">&#160;142,791</div>
              </td>
            </tr>

        </table>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: rgb(0, 0, 0);" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td colspan="2" style="vertical-align: top;">
              <div>Sierra Acquisition, Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">6.11% (1 Month USD LIBOR + 4.00%, Rate Floor: 5.00%) due 11/11/24</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;298,489</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;294,384</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Recess Holdings, Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">6.08% (3 Month USD LIBOR + 3.75%, Rate Floor: 4.75%) due 09/30/24</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;300,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;293,064</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Affordable Care Holdings Corp.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">7.01% (2 Month USD LIBOR + 4.75%, Rate Floor: 5.75%) due 10/24/22</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;243,711</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;235,791</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Diamond (BC) B.V.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">5.26% (2 Month USD LIBOR + 3.00% and 3 Month USD LIBOR + 3.00%, Rate Floor: 3.00%) due 09/06/24</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;248,737</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;226,973</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Nellson Nutraceutical</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">6.58% (3 Month USD LIBOR + 4.25% and Commercial Prime Lending Rate + 3.25%, Rate Floor: 5.25%) due 12/23/21</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;239,008</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;222,278</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Sterigenics-Norion Holdings</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">due 05/15/22</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;225,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;220,500</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <br>
      <div><br>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Face</div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;"><br>
              </div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Amount<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">~</sup></div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top; text-align: right;">&#160;<font style="font-weight: bold;">Value</font></td>
          </tr>
          <tr>
            <td colspan="3" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div><font style="font-weight: bold;">SENIOR FLOATING RATE INTERESTS</font><sup style="font-weight: bold; vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;,8</sup>&#160;<font style="font-weight: bold;">- 38.5% (continued)</font></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Consumer, Non-cyclical -&#160;&#160;5.4% (continued)</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Examworks Group, Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">5.36% (1 Month USD LIBOR + 3.25%, Rate Floor: 4.25%) due 07/27/23</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">99,744</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">$99,641</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="font-weight: bold;">Total Consumer, Non-cyclical</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">36,248,343</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Basic Materials -&#160;&#160;2.6%</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>ICP Industrial, Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.11% (1 Month USD LIBOR + 4.00%, Rate Floor: 5.00%) due 11/03/23</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;2,466,665</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;2,454,332</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>PetroChoice Holdings</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">7.26% (2 Month USD LIBOR + 5.00% and 3 Month USD LIBOR + 5.00%, Rate Floor: 6.00%) due 08/19/22</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;2,029,745</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,963,779</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>American Rock Salt Company LLC</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">5.86% (1 Month USD LIBOR + 3.75%, Rate Floor: 4.75%) due 03/21/25</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,911,662</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,904,493</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after: always;">
          <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z6a88f36f0673439898f28055ea366580" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 80.41%; vertical-align: middle;">
              <div>Guggenheim Strategic Opportunities Fund</div>
            </td>
            <td style="width: 19.59%; vertical-align: middle;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 80.41%; vertical-align: middle;">
              <div style="font-size: 18pt; font-weight: bold;">SCHEDULE OF INVESTMENTS&#160;<font style="font-style: italic;">(Unaudited)&#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; </font></div>
            </td>
            <td style="width: 19.59%; vertical-align: middle;">
              <div style="text-align: right;">August 31, 2019</div>
            </td>
          </tr>
          <tr>
            <td style="width: 80.41%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
            <td style="width: 19.59%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
          </tr>

      </table>
      <div><br>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>GrafTech Finance, Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">5.61% (1 Month USD LIBOR + 3.50%, Rate Floor: 4.50%) due 02/12/25</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,664,194</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,616,349</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Niacet Corp.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.61% (1 Month USD LIBOR + 4.50%, Rate Floor: 5.50%) due 02/01/24</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,611,236</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,603,179</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Big River Steel LLC</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">7.33% (3 Month USD LIBOR + 5.00%, Rate Floor: 6.00%) due 08/23/23</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,535,934</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,535,934</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Pregis TopCo Corp.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.25% (3 Month USD LIBOR + 4.00%, Rate Floor: 4.00%) due 07/31/26</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,350,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,342,683</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Ascend Performance Materials Operations LLC</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">7.40% (1 Month USD LIBOR + 5.25%, Rate Floor: 6.25%) due 08/27/26</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,000,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;998,750</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>US Salt LLC</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.86% (1 Month USD LIBOR + 4.75%, Rate Floor: 4.75%) due 01/16/26</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;997,500</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;998,747</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Face</div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;"><br>
              </div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Amount<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">~</sup></div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top; text-align: right;">&#160;<font style="font-weight: bold;">Value</font></td>
          </tr>
          <tr>
            <td colspan="3" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div><font style="font-weight: bold;">SENIOR FLOATING RATE INTERESTS</font><sup style="font-weight: bold; vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;,8</sup>&#160;<font style="font-weight: bold;">- 38.5% (continued)</font></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Basic Materials -&#160;&#160;2.6% (continued)</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>LTI Holdings, Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">5.61% (1 Month USD LIBOR + 3.50%, Rate Floor: 3.50%) due 09/06/25</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">992,500</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">$935,431</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Niacet B.V.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">5.50% (1 Month EURIBOR + 4.50%, Rate Floor: 5.50%) due 02/01/24</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">EUR &#160;758,229</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;829,508</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>ASP Chromaflo Dutch I B.V.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.36% (1 Month USD LIBOR + 4.25%, Rate Floor: 5.25%) due 11/20/23</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;451,092</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;444,325</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>ASP Chromaflo Intermediate Holdings, Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.36% (1 Month USD LIBOR + 4.25%, Rate Floor: 5.25%) due 11/20/23</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;346,908</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;341,705</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Vectra Co.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">5.36% (1 Month USD LIBOR + 3.25%, Rate Floor: 3.25%) due 03/08/25</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;149,246</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;143,276</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>PMHC II, Inc. (Prince)</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.10% (3 Month USD LIBOR + 3.50% and 12 Month USD LIBOR + 3.50%, Rate Floor: 4.50%) due 03/29/25</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;97,753</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;86,348</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Noranda Aluminum Acquisition Corp.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">
                <div>8.00% (3 Month USD LIBOR + 4.50%, Rate Floor: 5.75%) due 02/28/19<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">12</sup></div>
              </div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;517,932</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;25,897</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="font-weight: bold;">Total Basic Materials</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;17,224,736</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Communications -&#160;&#160;2.2%</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Trader Interactive</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">8.61% (1 Month USD LIBOR + 6.50%, Rate Floor: 7.50%) due 06/17/24<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;&#8224;,1</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;2,718,123</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;2,685,834</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Conterra Ultra Broadband Holdings, Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.84% (2 Month USD LIBOR + 4.50%, Rate Floor: 4.50%) due 04/30/26</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;2,000,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;2,002,500</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Houghton Mifflin Co.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">5.11% (1 Month USD LIBOR + 3.00%, Rate Floor: 4.00%) due 05/28/21</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;2,005,839</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,950,177</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Market Track LLC</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.36% (1 Month USD LIBOR + 4.25%, Rate Floor: 5.25%) due 06/05/24</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;2,107,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,875,230</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Face</div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;"><br>
              </div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Amount<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">~</sup></div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top; text-align: right;">&#160;<font style="font-weight: bold;">Value</font></td>
          </tr>
          <tr>
            <td colspan="3" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div><font style="font-weight: bold;">SENIOR FLOATING RATE INTERESTS</font><sup style="font-weight: bold; vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;,8</sup>&#160;<font style="font-weight: bold;">- 38.5% (continued)</font></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Communications -&#160;&#160;2.2% (continued)</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Flight Bidco, Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">9.61% (1 Month USD LIBOR + 7.50%, Rate Floor: 7.50%) due 07/23/26</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">1,300,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">$1,283,750</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">5.61% (1 Month USD LIBOR + 3.50%, Rate Floor: 3.50%) due 07/23/25</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;448,869</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;442,886</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Imagine Print Solutions LLC</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">6.87% (1 Month USD LIBOR + 4.75%, Rate Floor: 5.75%) due 06/21/22</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;1,955,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;1,510,237</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Resource Label Group LLC</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">6.82% (3 Month USD LIBOR + 4.50%, Rate Floor: 5.50%) due 05/26/23</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;1,326,259</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;1,180,370</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Internet Brands, Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">5.86% (1 Month USD LIBOR + 3.75%, Rate Floor: 3.75%) due 09/13/24</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;924,492</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;916,015</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after: always;">
          <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
      </div>
      <div>
        <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z6a88f36f0673439898f28055ea366580" cellpadding="0" cellspacing="0">

            <tr>
              <td style="width: 80.41%; vertical-align: middle;">
                <div>Guggenheim Strategic Opportunities Fund</div>
              </td>
              <td style="width: 19.59%; vertical-align: middle;">&#160;</td>
            </tr>
            <tr>
              <td style="width: 80.41%; vertical-align: middle;">
                <div style="font-size: 18pt; font-weight: bold;">SCHEDULE OF INVESTMENTS&#160;<font style="font-style: italic;">(Unaudited)&#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; </font></div>
              </td>
              <td style="width: 19.59%; vertical-align: middle;">
                <div style="text-align: right;">August 31, 2019</div>
              </td>
            </tr>
            <tr>
              <td style="width: 80.41%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
              <td style="width: 19.59%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
            </tr>

        </table>
        <br>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td colspan="2" style="vertical-align: top;">
              <div>Mcgraw-Hill Global Education Holdings LLC</div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">6.11% (1 Month USD LIBOR + 4.00%, Rate Floor: 5.00%) due 05/04/22</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;484,541</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;457,712</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Liberty Cablevision of Puerto Rico LLC</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">5.70% (1 Month USD LIBOR + 3.50%, Rate Floor: 4.50%) due 01/07/22</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;200,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;197,938</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Cengage Learning Acquisitions, Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">6.36% (1 Month USD LIBOR + 4.25%, Rate Floor: 5.25%) due 06/07/23</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;188,932</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;180,731</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Total Communications</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;14,683,380</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="font-weight: bold;">Financial -&#160;&#160;2.1%</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Teneo Holdings LLC</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">7.45% (1 Month USD LIBOR + 5.25%, Rate Floor: 6.25%) due 07/11/25</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;1,750,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;1,666,875</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Aretec Group, Inc.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">6.36% (1 Month USD LIBOR + 4.25%, Rate Floor: 4.25%) due 10/01/25</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;1,691,500</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;1,644,984</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Jefferies Finance LLC</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">6.00% (1 Month USD LIBOR + 3.75%, Rate Floor: 3.75%) due 06/03/26</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;1,550,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;1,545,645</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Face</div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;"><br>
              </div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Amount<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">~</sup></div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top; text-align: right;">&#160;<font style="font-weight: bold;">Value</font></td>
          </tr>
          <tr>
            <td colspan="3" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div><font style="font-weight: bold;">SENIOR FLOATING RATE INTERESTS</font><sup style="font-weight: bold; vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;,8</sup>&#160;<font style="font-weight: bold;">- 38.5% (continued)</font></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Financial -&#160;&#160;2.1% (continued)</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Claros Mortgage Trust, Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">5.46% (3 Month USD LIBOR + 3.25%, Rate Floor: 3.25%) due 08/10/26</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">1,500,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">$1,498,125</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>StepStone Group LP</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.11% (1 Month USD LIBOR + 4.00%, Rate Floor: 5.00%) due 03/27/25</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,481,250</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,479,398</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Virtu Financial, Inc.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.04% (3 Month USD LIBOR + 3.50%, Rate Floor: 3.50%) due 03/01/26</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,450,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,452,073</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Situs AMC Holdings Corp.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.86% (1 Month USD LIBOR + 4.75%, Rate Floor: 5.75%) due 06/27/25</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,470,270</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,448,216</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Alliant Holdings Intermediate LLC</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">5.45% (1 Month USD LIBOR + 3.25%, Rate Floor: 3.25%) due 05/09/25</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,000,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;985,630</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">5.15% (1 Month USD LIBOR + 3.00%, Rate Floor: 3.00%) due 05/09/25</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;199,496</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;193,653</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Jane Street Group LLC</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">5.11% (1 Month USD LIBOR + 3.00%, Rate Floor: 3.00%) due 08/25/22</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;498,744</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;495,417</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Northstar Financial Services LLC</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">5.61% (1 Month USD LIBOR + 3.50%, Rate Floor: 4.25%) due 05/25/25</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;392,341</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;385,475</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Assetmark Financial Holdings, Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">5.58% (3 Month USD LIBOR + 3.25%, Rate Floor: 3.25%) due 11/14/25</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;358,875</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;358,577</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>USI, Inc.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">5.33% (3 Month USD LIBOR + 3.00%, Rate Floor: 3.00%) due 05/16/24</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;249,365</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;243,236</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>National Financial Partners Corp.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">5.11% (1 Month USD LIBOR + 3.00%, Rate Floor: 3.00%) due 01/08/24</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;199,744</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;195,562</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Face</div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;"><br>
              </div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Amount<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">~</sup></div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top; text-align: right;">&#160;<font style="font-weight: bold;">Value</font></td>
          </tr>
          <tr>
            <td colspan="3" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div><font style="font-weight: bold;">SENIOR FLOATING RATE INTERESTS</font><sup style="font-weight: bold; vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;,8</sup>&#160;<font style="font-weight: bold;">- 38.5% (continued)</font></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Financial -&#160;&#160;2.1% (continued)</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>HUB International Ltd.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">5.27% (2 Month USD LIBOR + 3.00% and 3 Month USD LIBOR + 3.00%, Rate Floor: 3.00%) due 04/25/25</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">100,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">$97,913</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="font-weight: bold;">Total Financial</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;13,690,779</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Utilities -&#160;&#160;1.5%</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Oregon Clean Energy LLC</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">5.86% (1 Month USD LIBOR + 3.75%, Rate Floor: 4.75%) due 03/01/26</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;2,493,750</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;2,490,633</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Panda Power</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">8.83% (3 Month USD LIBOR + 6.50%, Rate Floor: 7.50%) due 08/21/20</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;2,356,772</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;2,037,147</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after: always;">
          <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
      </div>
      <div>
        <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z6a88f36f0673439898f28055ea366580" cellpadding="0" cellspacing="0">

            <tr>
              <td style="width: 80.41%; vertical-align: middle;">
                <div>Guggenheim Strategic Opportunities Fund</div>
              </td>
              <td style="width: 19.59%; vertical-align: middle;">&#160;</td>
            </tr>
            <tr>
              <td style="width: 80.41%; vertical-align: middle;">
                <div style="font-size: 18pt; font-weight: bold;">SCHEDULE OF INVESTMENTS&#160;<font style="font-style: italic;">(Unaudited)&#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; </font></div>
              </td>
              <td style="width: 19.59%; vertical-align: middle;">
                <div style="text-align: right;">August 31, 2019</div>
              </td>
            </tr>
            <tr>
              <td style="width: 80.41%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
              <td style="width: 19.59%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
            </tr>

        </table>
        <br>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>UGI Energy Services, Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">5.86% (1 Month USD LIBOR + 3.75%, Rate Floor: 3.75%) due 08/13/26</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,650,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,650,000</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Franklin Energy (KAMC Holdings, Inc.)</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.18% (3 Month USD LIBOR + 4.00%, Rate Floor: 4.00%) due 08/14/26</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,650,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,645,875</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Carroll County Energy LLC</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">5.83% (3 Month USD LIBOR + 3.50%, Rate Floor: 3.50%) due 02/16/26</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,574,970</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,573,663</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>EIF Channelview Cogeneration LLC</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.37% (1 Month USD LIBOR + 4.25%, Rate Floor: 5.25%) due 05/03/25</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;908,517</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;913,514</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="font-weight: bold;">Total Utilities</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;10,310,832</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Energy -&#160;&#160;0.7%</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>SeaPort Financing LLC</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">7.62% (1 Month USD LIBOR + 5.50%, Rate Floor: 5.50%) due 10/31/25</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,492,500</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,462,650</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Permian Production Partners LLC</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">8.12% (1 Month USD LIBOR + 6.00%, Rate Floor: 7.00%) due 05/20/24</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,805,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,407,900</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Summit Midstream Partners, LP</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">8.11% (1 Month USD LIBOR + 6.00%, Rate Floor: 7.00%) due 05/13/22</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,162,434</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,135,558</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Face</div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;"><br>
              </div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Amount<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">~</sup></div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top; text-align: right;">&#160;<font style="font-weight: bold;">Value</font></td>
          </tr>
          <tr>
            <td colspan="3" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div><font style="font-weight: bold;">SENIOR FLOATING RATE INTERESTS</font><sup style="font-weight: bold; vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;,8</sup>&#160;<font style="font-weight: bold;">- 38.5% (continued)</font></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Energy -&#160;&#160;0.7% (continued)</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Gavilan Resources LLC</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">8.11% (1 Month USD LIBOR + 6.00%, Rate Floor: 7.00%) due 03/01/24</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">990,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">$420,750</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="font-weight: bold;">Total Energy</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;4,426,858</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Total Senior Floating Rate Interests</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">(Cost $264,275,148)</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">257,027,795</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div><font style="font-weight: bold;">ASSET-BACKED SECURITIES</font><sup style="font-weight: bold; vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;</sup>&#160;<font style="font-weight: bold;">- 17.7%</font></div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="font-weight: bold;">Collateralized Loan Obligations -&#160;&#160;11.6%</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Golub Capital Partners CLO Ltd.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">2018-36A, 4.39% (3 Month USD LIBOR + 2.10%, Rate Floor: 0.00%) due 02/05/31<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7,8</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;5,000,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;4,617,018</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">2018-39A, 4.48% (3 Month USD LIBOR + 2.20%, Rate Floor: 2.20%) due 10/20/28<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7,8</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;2,500,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;2,459,740</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">2018-25A, 4.19% (3 Month USD LIBOR + 1.90%, Rate Floor: 1.90%) due 05/05/30<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7,8</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;2,500,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;2,438,289</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">2017-16A, 5.58% (3 Month USD LIBOR + 3.00%, Rate Floor: 0.00%) due 07/25/29<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7,8</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,500,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,467,501</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Diamond CLO Ltd.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">2018-1A, 5.98% (3 Month USD LIBOR + 3.70%, Rate Floor: 3.70%) due 07/22/30<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7,8</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;3,000,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;2,934,427</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">2018-1A, 4.88% (3 Month USD LIBOR + 2.60%, Rate Floor: 2.60%) due 07/22/30<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7,8</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;2,500,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;2,442,897</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Mountain Hawk II CLO Ltd.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">2018-2A, 4.63% (3 Month USD LIBOR + 2.35%, Rate Floor: 0.00%) due 07/20/24<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7,8</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;3,000,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;3,001,431</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">2013-2A, 5.43% (3 Month USD LIBOR + 3.15%, Rate Floor: 0.00%) due 07/22/24<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7,8</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,750,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,744,006</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Fortress Credit Opportunities IX CLO Ltd.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">2017-9A, 4.81% (3 Month USD LIBOR + 2.65%, Rate Floor: 0.00%) due 11/15/29<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7,8</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;4,000,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;3,873,930</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>ABPCI Fund II Warehouse</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">4.53% due 05/22/29</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;3,750,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;3,749,963</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Marathon CRE Ltd.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">2018-FL1, 5.20% (1 Month USD LIBOR + 3.00%, Rate Floor: 3.00%) due 06/15/28<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7,8</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;3,000,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;3,001,836</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after: always;">
          <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
      </div>
      <div>
        <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z6a88f36f0673439898f28055ea366580" cellpadding="0" cellspacing="0">

            <tr>
              <td style="width: 80.41%; vertical-align: middle;">
                <div>Guggenheim Strategic Opportunities Fund</div>
              </td>
              <td style="width: 19.59%; vertical-align: middle;">&#160;</td>
            </tr>
            <tr>
              <td style="width: 80.41%; vertical-align: middle;">
                <div style="font-size: 18pt; font-weight: bold;">SCHEDULE OF INVESTMENTS&#160;<font style="font-style: italic;">(Unaudited)&#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; </font></div>
              </td>
              <td style="width: 19.59%; vertical-align: middle;">
                <div style="text-align: right;">August 31, 2019</div>
              </td>
            </tr>
            <tr>
              <td style="width: 80.41%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
              <td style="width: 19.59%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
            </tr>

        </table>
        <br>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Face</div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;"><br>
              </div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Amount<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">~</sup></div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top; text-align: right;">&#160;<font style="font-weight: bold;">Value</font></td>
          </tr>
          <tr>
            <td colspan="3" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div><font style="font-weight: bold;">ASSET-BACKED SECURITIES</font><sup style="font-weight: bold; vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;</sup>&#160;<font style="font-weight: bold;">- 17.7% (continued)</font></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="3" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Collateralized Loan Obligations -&#160;&#160;11.6% (continued)</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>FDF I Ltd.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">2015-1A, 6.88% due 11/12/30<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">2,000,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">$2,008,117</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">2015-1A, 7.50% due 11/12/30<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">9</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;1,000,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;988,762</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>FDF II Ltd.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">2016-2A, 7.70% due 05/12/31<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">9</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;3,000,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;2,973,312</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Dryden 50 Senior Loan Fund</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">2017-50A, due 07/15/30<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7,10</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;3,555,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;2,641,138</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Denali Capital CLO XI Ltd.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">2018-1A, 4.43% (3 Month USD LIBOR + 2.15%, Rate Floor: 0.00%) due 10/20/28<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7,8</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;2,400,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;2,362,154</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Newstar Commercial Loan Funding LLC</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">2017-1A, 7.49% (3 Month USD LIBOR + 5.10%, Rate Floor: 0.00%) due 03/20/27<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7,8</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;2,000,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;2,001,276</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">2017-1A, 5.89% (3 Month USD LIBOR + 3.50%, Rate Floor: 0.00%) due 03/20/27<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7,8</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;250,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;250,141</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Avery Point VI CLO Ltd.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">2018-6A, 4.29% (3 Month USD LIBOR + 2.00%, Rate Floor: 0.00%) due 08/05/27<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7,8</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;2,000,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,977,844</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>MP CLO VIII Ltd.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">2018-2A, 4.16% (3 Month USD LIBOR + 1.90%, Rate Floor: 0.00%) due 10/28/27<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7,8</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;2,000,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,954,024</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Atlas Senior Loan Fund IX Ltd.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">2018-9A, due 04/20/28<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">3,7,10</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;2,600,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,271,821</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">2018-9A, 4.08% (3 Month USD LIBOR + 1.80%, Rate Floor: 1.80%) due 04/20/28<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7,8</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;700,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;680,685</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>DRSLF</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">due 01/15/31<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">10</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;2,998,799</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;1,829,978</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Exantas Capital Corporation Ltd.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">2018-RSO6, 4.70% (1 Month USD LIBOR + 2.50%, Rate Floor: 2.50%) due 06/15/35<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7,8</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;1,800,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;1,807,970</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Carlyle Global Market Strategies CLO Ltd.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">2012-3A, due 01/14/32<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7,10</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;2,600,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;1,797,003</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Face</div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;"><br>
              </div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Amount<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">~</sup></div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top; text-align: right;">&#160;<font style="font-weight: bold;">Value</font></td>
          </tr>
          <tr>
            <td colspan="3" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div><font style="font-weight: bold;">ASSET-BACKED SECURITIES</font><sup style="font-weight: bold; vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;</sup>&#160;<font style="font-weight: bold;">- 17.7% (continued)</font></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="3" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Collateralized Loan Obligations -&#160;&#160;11.6% (continued)</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Hunt CRE Ltd.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">2017-FL1, 5.50% (1 Month USD LIBOR + 3.30%, Rate Floor: 0.00%) due 08/15/34<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7,8</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">1,800,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">$1,791,542</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Avery Point II CLO Ltd.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">2013-3X COM due 01/18/25<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">10</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;2,399,940</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,760,548</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Cent CLO 19 Ltd.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">2013-19A, 5.56% (3 Month USD LIBOR + 3.30%, Rate Floor: 0.00%) due 10/29/25<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7,8</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,750,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,742,507</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Monroe Capital CLO Ltd.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">2017-1A, 5.88% (3 Month USD LIBOR + 3.60%, Rate Floor: 0.00%) due 10/22/26<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7,8</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,750,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,710,473</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>OHA Credit Partners IX Ltd.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">2013-9A due 10/20/25<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7,10</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;2,000,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,696,229</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Treman Park CLO Ltd.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">2015-1A due 10/20/28<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7,10</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;2,000,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,660,779</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>NewStar Clarendon Fund CLO LLC</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">2015-1A, 6.63% (3 Month USD LIBOR + 4.35%, Rate Floor: 0.00%) due 01/25/27<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7,8</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,000,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,000,243</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">2019-1A, 5.33% (3 Month USD LIBOR + 3.05%, Rate Floor: 0.00%) due 01/25/27<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7,8</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;550,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;549,175</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Voya CLO Ltd.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">2013-1A due 10/15/30<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7,10</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;3,000,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;1,516,308</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after: always;">
          <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z6a88f36f0673439898f28055ea366580" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 80.41%; vertical-align: middle;">
              <div>Guggenheim Strategic Opportunities Fund</div>
            </td>
            <td style="width: 19.59%; vertical-align: middle;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 80.41%; vertical-align: middle;">
              <div style="font-size: 18pt; font-weight: bold;">SCHEDULE OF INVESTMENTS&#160;<font style="font-style: italic;">(Unaudited)&#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; </font></div>
            </td>
            <td style="width: 19.59%; vertical-align: middle;">
              <div style="text-align: right;">August 31, 2019</div>
            </td>
          </tr>
          <tr>
            <td style="width: 80.41%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
            <td style="width: 19.59%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
          </tr>

      </table>
      <div><br>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td colspan="2" style="vertical-align: top;">
              <div>Ladder Capital Commercial Mortgage Trust</div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">2017-FL1, 5.80% (1 Month USD LIBOR + 3.60%, Rate Floor: 3.60%) due 09/15/34<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7,8</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;1,301,785</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;1,297,179</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Jackson Mill CLO Ltd.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">2018-1A, 4.15% (3 Month USD LIBOR + 1.85%, Rate Floor: 1.85%) due 04/15/27<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7,8</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;1,000,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;994,606</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>KVK CLO Ltd.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">2013-1A due 01/14/28<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">3,7,10</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;2,300,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;863,841</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Babson CLO Ltd.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">2014-IA due 07/20/25<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7,10</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;3,000,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;851,484</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Dryden 41 Senior Loan Fund</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">2015-41A due 04/15/31<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7,10</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;1,250,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;747,498</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Face</div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;"><br>
              </div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Amount<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">~</sup></div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top; text-align: right;">&#160;<font style="font-weight: bold;">Value</font></td>
          </tr>
          <tr>
            <td colspan="3" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div><font style="font-weight: bold;">ASSET-BACKED SECURITIES</font><sup style="font-weight: bold; vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;</sup>&#160;<font style="font-weight: bold;">- 17.7% (continued)</font></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="3" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Collateralized Loan Obligations -&#160;&#160;11.6% (continued)</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Great Lakes CLO Ltd.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">2014-1A due 10/15/29<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7,10</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">1,153,846</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">$719,175</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Venture XIII CLO Ltd.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">2013-13A due 09/10/29<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7,10</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,500,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;709,962</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Dryden 37 Senior Loan Fund</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">2015-37A due 01/15/31<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7,10</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,050,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;640,749</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Marathon CLO V Ltd.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">2013-5A due 11/21/27<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7,10</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;3,566,667</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;446,814</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>A10 Permanent Asset Financing LLC</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">2017-II, 6.24% (WAC) due 06/15/51<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;&#8224;,7,8</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;250,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;271,819</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>West CLO Ltd.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">2013-1A due 11/07/25<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7,10</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,350,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;249,549</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="font-weight: bold;">Total Collateralized Loan Obligations</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;77,495,743</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Transport-Aircraft -&#160;&#160;3.4%</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Apollo Aviation Securitization Equity Trust</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">2018-1A, 5.44% due 01/16/38<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;2,350,220</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;2,405,843</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">2017-1A, 5.93% due 05/16/42<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;1,889,033</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;1,955,277</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">2016-2, 7.87% due 11/15/41</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;938,758</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;940,250</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">2016-2, 5.93% due 11/15/41</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;530,065</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;535,378</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>AIM Aviation Finance Ltd.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">2015-1A, 5.07% due 02/15/40<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;3,598,126</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;3,644,516</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>AASET US Ltd.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">2018-2A, 5.43% due 11/18/38<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;2,793,787</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;2,853,275</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Willis Engine Securitization Trust II</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">2012-A, 5.50% due 09/15/37<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;2,088,739</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;2,166,842</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Aaset 2019-1 Trust</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">2019-1, 4.95% due 05/15/39<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;1,954,600</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;1,966,875</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>KDAC Aviation Finance Ltd.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">2017-1A, 4.21% due 12/15/42<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;1,639,038</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;1,685,186</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Falcon Aerospace Limited</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">2017-1, 6.30% due 02/15/42<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;1,601,663</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;1,679,229</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Stripes Aircraft Ltd.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">2013-1 A1, 5.67% due 03/20/23<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;&#8224;</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;1,066,449</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;1,050,629</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Castlelake Aircraft Securitization Trust</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">due 12/31/30<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;&#8224;,1,13</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;3,054,105</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;996,075</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Face</div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;"><br>
              </div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Amount<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">~</sup></div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top; text-align: right;">&#160;<font style="font-weight: bold;">Value</font></td>
          </tr>
          <tr>
            <td colspan="3" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div><font style="font-weight: bold;">ASSET-BACKED SECURITIES</font><sup style="font-weight: bold; vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;</sup>&#160;<font style="font-weight: bold;">- 17.7% (continued)</font></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Transport-Aircraft -&#160;&#160;3.4% (continued)</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Turbine Engines Securitization Ltd.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">2013-1A, 6.38% due 12/13/48<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">9</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">464,061</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">$410,453</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Airplanes Pass Through Trust</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">2001-1A, 2.88% (1 Month USD LIBOR + 0.55%, Rate Floor: 0.55%) due 03/15/19<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;&#8224;,8,9,12</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;6,677,317</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;110,593</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="font-weight: bold;">Total Transport-Aircraft</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;22,400,421</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Whole Business -&#160;&#160;0.9%</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>TSGE</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">2017-1, 6.25% due 09/25/31</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;5,000,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;5,257,186</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Wingstop Funding LLC</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">2018-1, 4.97% due 12/05/48<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;997,500</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,042,537</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="font-weight: bold;">Total Whole Business</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;6,299,723</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Financial -&#160;&#160;0.5%</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Nassau LLC</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">2019-1, 3.98% due 08/15/34<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;2,050,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;2,039,648</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>NCBJ</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">2015-1A, 5.88% due 07/08/22<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;&#8224;,1</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;951,892</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;966,685</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="font-weight: bold;">Total Financial</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;3,006,333</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Insurance -&#160;&#160;0.4%</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>LTCG Securitization Issuer LLC</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">2018-A, 4.59% due 06/15/48<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;2,029,277</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;2,050,643</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after: always;">
          <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
      </div>
      <div>
        <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z6a88f36f0673439898f28055ea366580" cellpadding="0" cellspacing="0">

            <tr>
              <td style="width: 80.41%; vertical-align: middle;">
                <div>Guggenheim Strategic Opportunities Fund</div>
              </td>
              <td style="width: 19.59%; vertical-align: middle;">&#160;</td>
            </tr>
            <tr>
              <td style="width: 80.41%; vertical-align: middle;">
                <div style="font-size: 18pt; font-weight: bold;">SCHEDULE OF INVESTMENTS&#160;<font style="font-style: italic;">(Unaudited)&#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; </font></div>
              </td>
              <td style="width: 19.59%; vertical-align: middle;">
                <div style="text-align: right;">August 31, 2019</div>
              </td>
            </tr>
            <tr>
              <td style="width: 80.41%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
              <td style="width: 19.59%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
            </tr>

        </table>
        <br>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>CBC Insurance Revenue Securitization LLC</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">2016-1, 5.25% due 07/15/46<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">9</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;343,039</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;375,057</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="font-weight: bold;">Total Insurance</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;2,425,700</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Infrastructure -&#160;&#160;0.3%</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="3" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Secured Tenant Site Contract Revenue Notes Series</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">2018-1A, 5.92% due 06/15/48<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,963,683</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,954,102</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="font-weight: bold;">Collateralized Debt Obligations -&#160;&#160;0.2%</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Anchorage Credit Funding 4 Ltd.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">2016-4A, 5.50% due 02/15/35<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;1,000,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;1,007,241</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Face</div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;"><br>
              </div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Amount<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">~</sup></div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top; text-align: right; font-weight: bold;">&#160;Value</td>
          </tr>
          <tr>
            <td colspan="3" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div><font style="font-weight: bold;">ASSET-BACKED SECURITIES</font><sup style="font-weight: bold; vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;</sup>&#160;<font style="font-weight: bold;">- 17.7% (continued)</font></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="3" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Collateralized Debt Obligations -&#160;&#160;0.2% (continued)</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Highland Park CDO I Ltd.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">2006-1A, 3.05% (3 Month USD LIBOR + 0.40%, Rate Floor: 0.00%) due 11/25/51<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">3,8,9</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">273,325</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">$270,220</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="font-weight: bold;">Total Collateralized Debt Obligations</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;1,277,461</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Diversified Payment Rights -&#160;&#160;0.2%</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Bib Merchant Voucher Receivables Ltd.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">4.18% due 04/07/28<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;&#8224;,1</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,100,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,186,458</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="font-weight: bold;">Net Lease -&#160;&#160;0.1%</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Spirit Master Funding LLC</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">2014-1A, 5.37% due 07/20/40<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;864,849</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;868,922</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Transport-Container -&#160;&#160;0.1%</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Global SC Finance II SRL</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">2013-1A, 2.98% due 04/17/28<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;733,333</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;734,623</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="font-weight: bold;">Transport-Rail -&#160;&#160;0.0%</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Trinity Rail Leasing, LP</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">2009-1A, 6.66% due 11/16/39<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;155,461</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;181,773</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Total Asset-Backed Securities</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">(Cost $125,328,882)</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">117,831,259</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div><font style="font-weight: bold;">CORPORATE BONDS</font><sup style="font-weight: bold; vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;</sup>&#160;<font style="font-weight: bold;">- 15.6%</font></div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="font-weight: bold;">Financial -&#160;&#160;5.8%</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Springleaf Finance Corp.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">7.13% due 03/15/26</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;1,550,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;1,767,775</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.13% due 03/15/24</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,500,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,635,000</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Bank of America Corp.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.50%<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">4,5</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;2,000,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;2,240,000</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">6.30%<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">4,5</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;1,000,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;1,128,750</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>QBE Insurance Group Ltd.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">7.50% due 11/24/43<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">5,7</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;3,000,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;3,348,750</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>BBC Military Housing-Navy Northeast LLC</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">6.30% due 10/15/49<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">3</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;2,900,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;3,306,519</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>American Equity Investment Life Holding Co.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">5.00% due 06/15/27</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;2,950,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;3,126,397</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Citizens Financial Group, Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">5.50%<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">4,5</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;2,500,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;2,518,750</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Macquarie Group Ltd.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">5.03% due 01/15/30<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">5,7</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;2,000,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;2,305,548</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Fort Knox Military Housing Privatization Project</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">5.82% due 02/15/52<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;1,923,275</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;2,248,728</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Assurant, Inc.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">4.90% due 03/27/28</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;1,950,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;2,159,528</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>CNB Financial Corp.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">5.75% due 10/15/26<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">5,9</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;2,000,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;2,049,979</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Atlas Mara Ltd.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">8.00% due 12/31/20<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">9</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;2,200,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;1,947,000</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Face</div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;"><br>
              </div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Amount<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">~</sup></div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top; text-align: right;">&#160;<font style="font-weight: bold;">Value</font></td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div><font style="font-weight: bold;">CORPORATE BONDS</font><sup style="font-weight: bold; vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;</sup>&#160;<font style="font-weight: bold;">- 15.6% (continued)</font></div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Financial -&#160;&#160;5.8% (continued)</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Hunt Companies, Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.25% due 02/15/26<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">1,675,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">$1,628,938</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Newmark Group, Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.13% due 11/15/23</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,450,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,574,551</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>GEO Group, Inc.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">5.88% due 01/15/22</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;575,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;556,313</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">5.88% due 10/15/24</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;600,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;528,000</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">5.13% due 04/01/23</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;375,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;337,031</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">6.00% due 04/15/26</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;100,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;86,500</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Jefferies Finance LLC / JFIN Company-Issuer Corp.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">7.25% due 08/15/24<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;1,500,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;1,488,750</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Fort Benning Family Communities LLC</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">6.09% due 01/15/51<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;725,545</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;879,537</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Pacific Beacon LLC</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">5.63% due 07/15/51<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">3,7</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;692,989</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;776,767</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>CoreCivic, Inc.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">4.63% due 05/01/23</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;475,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;458,375</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">4.75% due 10/15/27</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;125,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;109,062</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Fort Gordon Housing LLC</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.32% due 05/15/51<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;200,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;246,907</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>USI, Inc.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.88% due 05/01/25<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;150,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;149,250</div>
            </td>
          </tr>
          <tr>
            <td colspan="3" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Oxford Finance LLC / Oxford Finance Company-Issuer II, Inc.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.38% due 12/15/22<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;100,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;104,125</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Icahn Enterprises, LP / Icahn Enterprises Finance Corp.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">5.88% due 02/01/22</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;50,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;50,813</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="font-weight: bold;">Total Financial</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;38,757,643</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Energy -&#160;&#160;2.2%</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Hess Corp.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">5.60% due 02/15/41</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,550,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,723,437</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">6.00% due 01/15/40</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;1,000,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;1,136,035</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">7.13% due 03/15/33</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;500,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;627,692</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after: always;">
          <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
      </div>
      <div>
        <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z6a88f36f0673439898f28055ea366580" cellpadding="0" cellspacing="0">

            <tr>
              <td style="width: 80.41%; vertical-align: middle;">
                <div>Guggenheim Strategic Opportunities Fund</div>
              </td>
              <td style="width: 19.59%; vertical-align: middle;">&#160;</td>
            </tr>
            <tr>
              <td style="width: 80.41%; vertical-align: middle;">
                <div style="font-size: 18pt; font-weight: bold;">SCHEDULE OF INVESTMENTS&#160;<font style="font-style: italic;">(Unaudited)&#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; </font></div>
              </td>
              <td style="width: 19.59%; vertical-align: middle;">
                <div style="text-align: right;">August 31, 2019</div>
              </td>
            </tr>
            <tr>
              <td style="width: 80.41%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
              <td style="width: 19.59%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
            </tr>

        </table>
        <br>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Antero Resources Corp.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">5.63% due 06/01/23</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,200,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,107,000</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">5.13% due 12/01/22</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;370,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;340,400</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">5.38% due 11/01/21</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;230,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;223,388</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Global Partners Limited Partnership / GLP Finance Corp.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">7.00% due 08/01/27<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,625,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,645,312</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Husky Energy, Inc.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">4.00% due 04/15/24</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;900,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;952,990</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">3.95% due 04/15/22</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;600,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;621,184</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Indigo Natural Resources LLC</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">6.88% due 02/15/26<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;1,750,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;1,443,750</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Bruin E&amp;P Partners LLC</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">8.88% due 08/01/23<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;1,825,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;1,300,313</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Sunoco Logistics Partners Operations, LP</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">4.25% due 04/01/24</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;1,000,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;1,056,023</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Face</div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;"><br>
              </div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Amount<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">~</sup></div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top; text-align: right; font-weight: bold;">&#160;Value</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div><font style="font-weight: bold;">CORPORATE BONDS</font><sup style="font-weight: bold; vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;</sup>&#160;<font style="font-weight: bold;">- 15.6% (continued)</font></div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Energy -&#160;&#160;2.2% (continued)</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="3" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>American Midstream Partners Limited Partnership / American Midstream Finance Corp.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">9.50% due 12/15/21<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">895,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">$863,675</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Buckeye Partners, LP</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">4.35% due 10/15/24</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;750,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;727,589</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Basic Energy Services, Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">10.75% due 10/15/23<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;500,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;375,000</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Unit Corp.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.63% due 05/15/21</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;500,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;358,750</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>FLNG Liquefaction 2 LLC</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">4.13% due 03/31/38<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">9</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;125,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;122,346</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Schahin II Finance Co. SPV Ltd.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">5.88% due 09/25/22<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7,12</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,216,133</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;121,613</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="font-weight: bold;">Total Energy</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;14,746,497</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Industrial -&#160;&#160;2.1%</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Encore Capital Group, Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">5.63% due 08/11/24<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;&#8224;</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;4,000,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;4,019,160</div>
            </td>
          </tr>
          <tr>
            <td colspan="3" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Reynolds Group Issuer Incorporated / Reynolds Group Issuer LLC / Reynolds Group Issuer Luxembourg</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">5.80% (3 Month USD LIBOR + 3.50%) due 07/15/21<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7,8</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,225,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,223,469</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">5.75% due 10/15/20</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;436,098</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;437,188</div>
            </td>
          </tr>
          <tr>
            <td colspan="3" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Dynagas LNG Partners Limited Partnership / Dynagas Finance, Inc.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">6.25% due 10/30/19</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;1,800,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;1,656,000</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Great Lakes Dredge &amp; Dock Corp.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">8.00% due 05/15/22</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;1,526,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;1,621,375</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Intertape Polymer Group, Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">7.00% due 10/15/26<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;1,450,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;1,504,375</div>
            </td>
          </tr>
          <tr>
            <td colspan="3" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Princess Juliana International Airport Operating Company N.V.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">5.50% due 12/20/27<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">9</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;1,494,252</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;1,422,812</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Grinding Media Inc. / MC Grinding Media Canada Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">7.38% due 12/15/23<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;980,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;929,775</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Cleaver-Brooks, Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">7.88% due 03/01/23<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;900,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;828,000</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Glenn Pool Oil &amp; Gas Trust</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">6.00% due 08/02/21<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;&#8224;</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;394,736</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;389,821</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Total Industrial</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;14,031,975</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="font-weight: bold;">Consumer, Cyclical -&#160;&#160;1.9%</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>HP Communities LLC</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">6.16% due 09/15/53<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">3,7</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;1,000,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;1,312,442</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.82% due 09/15/53<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">3,7</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;960,145</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,187,923</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Exide Technologies</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">11.00% due 10/31/24<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;&#8224;,3,7</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;2,591,725</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,866,231</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Williams Scotsman International, Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.88% due 08/15/23<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,650,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,728,375</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Face</div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;"><br>
              </div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Amount<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">~</sup></div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top; text-align: right;">&#160;<font style="font-weight: bold;">Value</font></td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div><font style="font-weight: bold;">CORPORATE BONDS</font><sup style="font-weight: bold; vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;</sup>&#160;<font style="font-weight: bold;">- 15.6% (continued)</font></div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Consumer, Cyclical -&#160;&#160;1.9% (continued)</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="3" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Panther BF Aggregator 2 Limited Partnership / Panther Finance Company, Inc.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">8.50% due 05/15/27<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">1,500,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">$1,462,500</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>LBC Tank Terminals Holding Netherlands BV</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.88% due 05/15/23<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,425,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,439,250</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>JB Poindexter &amp; Company, Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">7.13% due 04/15/26<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,100,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,124,750</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Party City Holdings, Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.63% due 08/01/26<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;875,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;833,437</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Exide International Holdings, LP</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">10.75% due 10/31/21<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;&#8224;,7</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;732,227</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;717,583</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Titan International, Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.50% due 11/30/23</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;860,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;685,850</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Reliance Intermediate Holdings, LP</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.50% due 04/01/23<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;400,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;412,000</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Sabre GLBL, Inc.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">5.38% due 04/15/23<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;50,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;51,250</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="font-weight: bold;">Total Consumer, Cyclical</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;12,821,591</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Consumer, Non-cyclical -&#160;&#160;1.2%</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Nathan&#8217;s Famous, Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.63% due 11/01/25<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;2,050,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;2,039,750</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Vector Group Ltd.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.13% due 02/01/25<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,725,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,690,500</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Flexi-Van Leasing, Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">10.00% due 02/15/23<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,133,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,107,507</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after: always;">
          <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
      </div>
      <div>
        <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z6a88f36f0673439898f28055ea366580" cellpadding="0" cellspacing="0">

            <tr>
              <td style="width: 80.41%; vertical-align: middle;">
                <div>Guggenheim Strategic Opportunities Fund</div>
              </td>
              <td style="width: 19.59%; vertical-align: middle;">&#160;</td>
            </tr>
            <tr>
              <td style="width: 80.41%; vertical-align: middle;">
                <div style="font-size: 18pt; font-weight: bold;">SCHEDULE OF INVESTMENTS&#160;<font style="font-style: italic;">(Unaudited)&#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; </font></div>
              </td>
              <td style="width: 19.59%; vertical-align: middle;">
                <div style="text-align: right;">August 31, 2019</div>
              </td>
            </tr>
            <tr>
              <td style="width: 80.41%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
              <td style="width: 19.59%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
            </tr>

        </table>
        <br>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Endo Finance LLC / Endo Finco, Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">7.25% due 01/15/22<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;800,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;684,000</div>
            </td>
          </tr>
          <tr>
            <td rowspan="1" style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">6.00% due 07/15/23<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7</sup></div>
            </td>
            <td rowspan="1" style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;200,000</div>
            </td>
            <td rowspan="1" style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td rowspan="1" style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;132,000</div>
            </td>
          </tr>
          <tr>
            <td colspan="3" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Midas Intermediate Holdco II LLC / Midas Intermediate Holdco II Finance, Inc.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">7.88% due 10/01/22<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;600,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;552,000</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>KeHE Distributors LLC / KeHE Finance Corp.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">7.63% due 08/15/21<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;550,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;550,275</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Nielsen Finance LLC / Nielsen Finance Co.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">5.00% due 04/15/22<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;500,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;502,500</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Beverages &amp; More, Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">11.50% due 06/15/22<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">9</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;650,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;500,500</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Acadia Healthcare Company, Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">5.63% due 02/15/23</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;400,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;408,496</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Total Consumer, Non-cyclical</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;8,167,528</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="font-weight: bold;">Basic Materials - 1.2%</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>BHP Billiton Finance USA Ltd.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">6.75% due 10/19/75<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">5,7</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;2,450,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;2,869,440</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 74%; vertical-align: top;">&#160;</td>
            <td style="width: 12%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Face</div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;"><br>
              </div>
            </td>
          </tr>
          <tr>
            <td style="width: 74%; vertical-align: top;">&#160;</td>
            <td style="width: 12%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Amount<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">~</sup></div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top; text-align: right;">&#160;<font style="font-weight: bold;">Value</font></td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div><font style="font-weight: bold;">CORPORATE BONDS</font><sup style="font-weight: bold; vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;</sup>&#160;<font style="font-weight: bold;">- 15.6% (continued)</font></div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Basic Materials -&#160;&#160;1.2% (continued)</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Yamana Gold, Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 74%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">4.95% due 07/15/24</div>
            </td>
            <td style="width: 12%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">2,560,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">$2,716,901</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Neon Holdings, Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 74%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">10.13% due 04/01/26<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7</sup></div>
            </td>
            <td style="width: 12%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,625,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,592,500</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Kaiser Aluminum Corp.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 74%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">5.88% due 05/15/24</div>
            </td>
            <td style="width: 12%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;700,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;726,250</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Mirabela Nickel Ltd.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 74%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">9.50% due 06/24/19<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">9,12</sup></div>
            </td>
            <td style="width: 12%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,388,176</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;69,409</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="font-weight: bold;">Total Basic Materials</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;7,974,500</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Communications -&#160;&#160;1.0%</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Cengage Learning, Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 74%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">9.50% due 06/15/24<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7</sup></div>
            </td>
            <td style="width: 12%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,851,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,712,175</div>
            </td>
          </tr>
          <tr>
            <td style="width: 74%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>MDC Partners, Inc.</div>
            </td>
            <td style="width: 12%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 74%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.50% due 05/01/24<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7</sup></div>
            </td>
            <td style="width: 12%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,543,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,404,130</div>
            </td>
          </tr>
          <tr>
            <td colspan="3" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>McGraw-Hill Global Education Holdings LLC / McGraw-Hill Global Education Finance</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 74%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">7.88% due 05/15/24<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7</sup></div>
            </td>
            <td style="width: 12%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,346,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,211,400</div>
            </td>
          </tr>
          <tr>
            <td style="width: 74%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Altice France S.A.</div>
            </td>
            <td style="width: 12%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 74%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">7.38% due 05/01/26<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7</sup></div>
            </td>
            <td style="width: 12%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,060,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,131,550</div>
            </td>
          </tr>
          <tr>
            <td style="width: 74%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>EIG Investors Corp.</div>
            </td>
            <td style="width: 12%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 74%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">10.88% due 02/01/24</div>
            </td>
            <td style="width: 12%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;900,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;946,125</div>
            </td>
          </tr>
          <tr>
            <td style="width: 74%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>DISH DBS Corp.</div>
            </td>
            <td style="width: 12%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 74%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">7.75% due 07/01/26</div>
            </td>
            <td style="width: 12%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;230,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;225,975</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="font-weight: bold;">Total Communications</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;6,631,355</div>
            </td>
          </tr>
          <tr>
            <td style="width: 74%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Utilities -&#160;&#160;0.1%</div>
            </td>
            <td style="width: 12%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Terraform Global Operating LLC</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 74%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">6.13% due 03/01/26<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7</sup></div>
            </td>
            <td style="width: 12%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;430,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;441,825</div>
            </td>
          </tr>
          <tr>
            <td style="width: 74%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="font-weight: bold;">Technology -&#160;&#160;0.1%</div>
            </td>
            <td style="width: 12%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 74%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>NCR Corp.</div>
            </td>
            <td style="width: 12%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 74%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">6.38% due 12/15/23</div>
            </td>
            <td style="width: 12%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;200,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;206,236</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Total Corporate Bonds</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">(Cost $102,562,571)</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">103,779,150</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">FOREIGN GOVERNMENT DEBT<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;</sup> - 10.9%</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 74%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Government of Japan</div>
            </td>
            <td style="width: 12%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 74%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">due 01/10/20<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">13</sup></div>
            </td>
            <td style="width: 12%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">JPY &#160;2,222,000,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">20,931,084</div>
            </td>
          </tr>
          <tr>
            <td style="width: 74%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">0.10% due 06/01/20</div>
            </td>
            <td style="width: 12%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">JPY &#160;439,400,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">4,146,911</div>
            </td>
          </tr>
          <tr>
            <td style="width: 74%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">0.10% due 09/01/20</div>
            </td>
            <td style="width: 12%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">JPY &#160;407,000,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">3,845,536</div>
            </td>
          </tr>
          <tr>
            <td style="width: 74%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">0.10% due 06/20/20</div>
            </td>
            <td style="width: 12%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">JPY &#160;166,000,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">1,567,012</div>
            </td>
          </tr>
          <tr>
            <td style="width: 74%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">0.10% due 04/15/20</div>
            </td>
            <td style="width: 12%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">JPY &#160;142,900,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">1,348,037</div>
            </td>
          </tr>
          <tr>
            <td style="width: 74%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">0.10% due 03/20/20</div>
            </td>
            <td style="width: 12%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">JPY &#160;58,000,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">546,981</div>
            </td>
          </tr>
          <tr>
            <td style="width: 74%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">2.40% due 03/20/20</div>
            </td>
            <td style="width: 12%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">JPY &#160;24,000,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">229,158</div>
            </td>
          </tr>
          <tr>
            <td style="width: 74%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">1.30% due 03/20/20</div>
            </td>
            <td style="width: 12%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">JPY &#160;10,000,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">94,920</div>
            </td>
          </tr>
          <tr>
            <td style="width: 74%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">2.20% due 06/22/20</div>
            </td>
            <td style="width: 12%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">JPY &#160;6,650,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">63,830</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Federative Republic of Brazil</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 74%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">&#160;due 10/01/19<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">13</sup></div>
            </td>
            <td style="width: 12%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">BRL &#160;38,228,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">9,195,960</div>
            </td>
          </tr>
          <tr>
            <td style="width: 74%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">&#160;due 01/01/20<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">13</sup></div>
            </td>
            <td style="width: 12%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">BRL &#160;25,900,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">6,149,060</div>
            </td>
          </tr>
          <tr>
            <td style="width: 74%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">&#160;due 07/01/21<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">13</sup></div>
            </td>
            <td style="width: 12%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">BRL &#160;19,940,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">4,341,363</div>
            </td>
          </tr>
          <tr>
            <td style="width: 74%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">&#160;due 07/01/20<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">13</sup></div>
            </td>
            <td style="width: 12%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">BRL &#160;9,860,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">2,282,081</div>
            </td>
          </tr>
          <tr>
            <td style="width: 74%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>State of Israel</div>
            </td>
            <td style="width: 12%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 74%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">1.00% due 04/30/21</div>
            </td>
            <td style="width: 12%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">ILS &#160;20,810,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">5,973,091</div>
            </td>
          </tr>
          <tr>
            <td style="width: 74%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">5.00% due 01/31/20</div>
            </td>
            <td style="width: 12%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">ILS &#160;7,700,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">2,221,959</div>
            </td>
          </tr>
          <tr>
            <td style="width: 74%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">5.50% due 01/31/22</div>
            </td>
            <td style="width: 12%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">ILS &#160;5,410,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">1,726,797</div>
            </td>
          </tr>
          <tr>
            <td style="width: 74%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">0.50% due 01/31/21</div>
            </td>
            <td style="width: 12%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">ILS &#160;4,520,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">1,285,936</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Republic of Portugal</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 74%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">&#160;due 01/17/20<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">13</sup></div>
            </td>
            <td style="width: 12%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">EUR &#160;2,290,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">2,523,020</div>
            </td>
          </tr>
          <tr>
            <td style="width: 74%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">4.80% due 06/15/20</div>
            </td>
            <td style="width: 12%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">EUR &#160;1,345,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">1,541,596</div>
            </td>
          </tr>
          <tr>
            <td style="width: 74%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Kingdom of Spain</div>
            </td>
            <td style="width: 12%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 74%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">&#160;due 01/17/20<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">13</sup></div>
            </td>
            <td style="width: 12%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">EUR 2,366,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><br>
              </div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">2,606,649</div>
            </td>
          </tr>
          <tr>
            <td style="width: 74%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>4.00% due 04/30/20</div>
            </td>
            <td style="width: 12%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">EUR &#160;250,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">283,110</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="font-weight: bold;">Total Foreign Government Debt</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">(Cost $73,465,374)</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">72,904,091</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div><font style="font-weight: bold;">COLLATERALIZED MORTGAGE OBLIGATIONS</font><sup style="font-weight: bold; vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;</sup>&#160;<font style="font-weight: bold;">- 10.4%</font></div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="3" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Residential Mortgage Backed Securities -&#160;&#160;9.3%</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Lehman XS Trust Series</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 74%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">2006-18N, 2.33% (1 Month USD LIBOR + 0.18%, Rate Floor: 0.18%) due 12/25/36<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">8</sup></div>
            </td>
            <td style="width: 12%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;5,195,794</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;4,914,882</div>
            </td>
          </tr>
          <tr>
            <td style="width: 74%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">2006-16N, 2.36% (1 Month USD LIBOR + 0.21%, Rate Floor: 0.21%) due 11/25/46<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">8</sup></div>
            </td>
            <td style="width: 12%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;2,051,360</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;1,954,913</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>WaMu Asset-Backed Certificates WaMu Series</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 74%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">2007-HE4, 2.32% (1 Month USD LIBOR + 0.17%, Rate Floor: 0.17%) due 07/25/47<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">8</sup></div>
            </td>
            <td style="width: 12%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;2,306,656</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;1,780,465</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after: always;">
          <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
      </div>
      <div>
        <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z6a88f36f0673439898f28055ea366580" cellpadding="0" cellspacing="0">

            <tr>
              <td style="width: 80.41%; vertical-align: middle;">
                <div>Guggenheim Strategic Opportunities Fund</div>
              </td>
              <td style="width: 19.59%; vertical-align: middle;">&#160;</td>
            </tr>
            <tr>
              <td style="width: 80.41%; vertical-align: middle;">
                <div style="font-size: 18pt; font-weight: bold;">SCHEDULE OF INVESTMENTS&#160;<font style="font-style: italic;">(Unaudited)&#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; </font></div>
              </td>
              <td style="width: 19.59%; vertical-align: middle;">
                <div style="text-align: right;">August 31, 2019</div>
              </td>
            </tr>
            <tr>
              <td style="width: 80.41%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
              <td style="width: 19.59%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
            </tr>

        </table>
        <br>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">2007-HE2, 2.40% (1 Month USD LIBOR + 0.25%, Rate Floor: 0.25%) due 04/25/37<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">8</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;3,314,484</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;1,757,039</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">2007-HE2, 2.51% (1 Month USD LIBOR + 0.36%, Rate Floor: 0.36%) due 04/25/37<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">8</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;2,121,270</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,148,718</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">2007-HE4, 2.40% (1 Month USD LIBOR + 0.25%, Rate Floor: 0.25%) due 07/25/47<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">8</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;1,345,103</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;939,899</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="margin-left: 10pt;">2007-HE2, 2.34% (1 Month USD LIBOR + 0.19%, Rate Floor: 0.19%) due 04/25/37<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">8</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,723,532</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;902,797</div>
            </td>
          </tr>
          <tr>
            <td colspan="3" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>ACE Securities Corporation Home Equity Loan Trust Series</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">2005-HE2, 3.17% (1 Month USD LIBOR + 1.02%, Rate Floor: 0.68%) due 04/25/35<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">8</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;2,000,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;2,001,872</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">2007-HE1, 2.30% (1 Month USD LIBOR + 0.15%, Rate Floor: 0.15%) due 01/25/37<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">8</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;2,962,676</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;1,938,235</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">2007-ASP1, 2.35% (1 Month USD LIBOR + 0.20%, Rate Floor: 0.20%) due 03/25/37<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">8</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,609,439</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;947,290</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>GSAA Home Equity Trust</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">2006-16, 2.32% (1 Month USD LIBOR + 0.17%, Rate Floor: 0.17%) due 10/25/36<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">8</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;4,994,680</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;2,269,442</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Face</div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;"><br>
              </div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Amount<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">~</sup></div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top; text-align: right;">&#160;<font style="font-weight: bold;">Value</font></td>
          </tr>
          <tr>
            <td colspan="3" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div><font style="font-weight: bold;">COLLATERALIZED MORTGAGE OBLIGATIONS</font><sup style="font-weight: bold; vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;</sup>&#160;<font style="font-weight: bold;">- 10.4% (continued)</font></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="3" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Residential Mortgage Backed Securities -&#160;&#160;9.3% (continued)</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">2006-12, 2.30% (1 Month USD LIBOR + 0.15%, Rate Floor: 0.15%) due 08/25/36<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">8</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">3,516,784</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">$2,159,911</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Ameriquest Mortgage Securities Trust</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">2006-M3, 2.32% (1 Month USD LIBOR + 0.18%, Rate Floor: 0.18%) due 10/25/36<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">8</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;4,581,422</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;3,201,584</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">2006-M3, 2.25% (1 Month USD LIBOR + 0.10%, Rate Floor: 0.10%) due 10/25/36<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">8</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;2,289,193</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;995,603</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Morgan Stanley ABS Capital I Incorporated Trust</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">2006-HE8, 2.49% (1 Month USD LIBOR + 0.22%, Rate Floor: 0.22%) due 10/25/36<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">8</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;3,511,039</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;2,261,166</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">2007-HE4, 2.38% (1 Month USD LIBOR + 0.23%, Rate Floor: 0.23%) due 02/25/37<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">8</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;3,718,525</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;1,731,693</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>LSTAR Securities Investment Trust</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">2019-1, 3.93% (1 Month USD LIBOR + 1.70%, Rate Floor: 0.00%) due 03/01/24<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7,8</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;3,693,112</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;3,705,299</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>RALI Series Trust</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">2006-QO6, 2.33% (1 Month USD LIBOR + 0.18%, Rate Floor: 0.18%) due 06/25/46<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">8</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;6,727,159</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;2,653,015</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">2006-QO6, 2.38% (1 Month USD LIBOR + 0.23%, Rate Floor: 0.23%) due 06/25/46<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">8</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;2,128,354</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;865,181</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Long Beach Mortgage Loan Trust</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">2006-8, 2.24% (1 Month USD LIBOR + 0.09%, Rate Floor: 0.09%) due 09/25/36<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">8</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;4,696,311</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,899,387</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">2006-1, 2.34% (1 Month USD LIBOR + 0.19%, Rate Floor: 0.19%) due 02/25/36<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">8</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;1,414,101</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;1,196,118</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Morgan Stanley IXIS Real Estate Capital Trust</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">2006-2, 2.37% (1 Month USD LIBOR + 0.22%, Rate Floor: 0.22%) due 11/25/36<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">8</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;3,244,413</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;1,618,429</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after: always;">
          <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
      </div>
      <div>
        <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z6a88f36f0673439898f28055ea366580" cellpadding="0" cellspacing="0">

            <tr>
              <td style="width: 80.41%; vertical-align: middle;">
                <div>Guggenheim Strategic Opportunities Fund</div>
              </td>
              <td style="width: 19.59%; vertical-align: middle;">&#160;</td>
            </tr>
            <tr>
              <td style="width: 80.41%; vertical-align: middle;">
                <div style="font-size: 18pt; font-weight: bold;">SCHEDULE OF INVESTMENTS&#160;<font style="font-style: italic;">(Unaudited)&#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; </font></div>
              </td>
              <td style="width: 19.59%; vertical-align: middle;">
                <div style="text-align: right;">August 31, 2019</div>
              </td>
            </tr>
            <tr>
              <td style="width: 80.41%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
              <td style="width: 19.59%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
            </tr>

        </table>
        <br>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Face</div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;"><br>
              </div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Amount<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">~</sup></div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top; text-align: right;">&#160;<font style="font-weight: bold;">Value</font> <br>
            </td>
          </tr>
          <tr>
            <td colspan="3" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div><font style="font-weight: bold;">COLLATERALIZED MORTGAGE OBLIGATIONS</font><sup style="font-weight: bold; vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;</sup>&#160;<font style="font-weight: bold;">- 10.4% (continued)</font></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="3" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Residential Mortgage Backed Securities -&#160;&#160;9.3% (continued)</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">2006-2, 2.30% (1 Month USD LIBOR + 0.15%, Rate Floor: 0.15%) due 11/25/36<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">8</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">2,141,312</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">$1,055,534</div>
            </td>
          </tr>
          <tr>
            <td colspan="3" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Home Equity Mortgage Loan Asset-Backed Trust Series INABS</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">2006-E, 2.36% (1 Month USD LIBOR + 0.21%, Rate Floor: 0.21%) due 04/25/37<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">8</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;3,326,220</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;2,475,448</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>American Home Mortgage Assets Trust</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">2006-6, 2.36% (1 Month USD LIBOR + 0.21%, Rate Floor: 0.21%) due 12/25/46<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">8</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;2,625,939</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;2,262,908</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Citigroup Mortgage Loan Trust, Inc.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">2007-AMC3, 2.50% (1 Month USD LIBOR + 0.35%, Rate Floor: 0.35%) due 03/25/37<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">8</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;2,426,515</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;2,116,946</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>JP Morgan Mortgage Acquisition Trust</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">2006-WMC3, 2.39% (1 Month USD LIBOR + 0.24%, Rate Floor: 0.24%) due 08/25/36<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">8</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;2,770,213</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;2,084,848</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Master Asset Backed Securities Trust</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">2006-WMC3, 2.31% (1 Month USD LIBOR + 0.16%, Rate Floor: 0.16%) due 08/25/36<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">8</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;3,804,951</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;1,820,491</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>IXIS Real Estate Capital Trust</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">2007-HE1, 2.26% (1 Month USD LIBOR + 0.11%, Rate Floor: 0.11%) due 05/25/37<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">8</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;2,554,106</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;869,086</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">2007-HE1, 2.21% (1 Month USD LIBOR + 0.06%, Rate Floor: 0.06%) due 05/25/37<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">8</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;2,569,097</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;866,471</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Morgan Stanley Mortgage Loan Trust</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">2006-9AR, 2.30% (1 Month USD LIBOR + 0.15%, Rate Floor: 0.15%) due 08/25/36<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">8</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;3,751,182</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,694,499</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>First NLC Trust</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">2007-1, 2.43% (1 Month USD LIBOR + 0.28%, Rate Floor: 0.28%) due 08/25/37<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7,8</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,552,641</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,012,583</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Face</div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;"><br>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Amount<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">~</sup></div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top; text-align: right;">&#160;<font style="font-weight: bold;">Value</font></td>
          </tr>
          <tr>
            <td colspan="3" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div><font style="font-weight: bold;">COLLATERALIZED MORTGAGE OBLIGATIONS</font><sup style="font-weight: bold; vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;</sup> <font style="font-weight: bold;">- 10.4% (continued)</font></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="3" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Residential Mortgage Backed Securities -&#160;&#160;9.3% (continued)</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>GSAA Trust</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">2007-3, 2.32% (1 Month USD LIBOR + 0.17%, Rate Floor: 0.17%) due 03/25/47<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">8</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">1,848,291</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">$853,822</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Luminent Mortgage Trust</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">2006-2, 2.35% (1 Month USD LIBOR + 0.20%, Rate Floor: 0.20%) due 02/25/46<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">8</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;962,727</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;846,241</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>CitiMortgage Alternative Loan Trust Series</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">2007-A7, 2.55% (1 Month USD LIBOR + 0.40%, Rate Cap/Floor: 7.50%/0.40%) due 07/25/37<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">8</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,008,711</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;810,084</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>TBW Mortgage Backed Pass-Through Certificates</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">2006-6, 6.04% due 01/25/37<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">3</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;1,203,648</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;537,706</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">2006-6, 5.75% due 01/25/37<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">3</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;493,227</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;245,536</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Total Residential Mortgage Backed Securities</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;62,395,141</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="font-weight: bold;">Military Housing -&#160;&#160;1.1%</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>GMAC Commercial Mortgage Asset Corp.</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">2004-POKA, 6.36% due 09/10/44<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;&#8224;,7</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;3,500,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;4,356,047</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Capmark Military Housing Trust</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">2007-AETC, 5.75% due 02/10/52<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">3,7</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;1,872,493</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;2,157,864</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">2007-AET2, 6.06% due 10/10/52<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">3,7</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;476,046</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;598,277</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="font-weight: bold;">Total Military Housing</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;7,112,188</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Total Collateralized Mortgage Obligations</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">(Cost $72,387,094)</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">69,507,329</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after: always;">
          <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z6a88f36f0673439898f28055ea366580" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 80.41%; vertical-align: middle;">
              <div>Guggenheim Strategic Opportunities Fund</div>
            </td>
            <td style="width: 19.59%; vertical-align: middle;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 80.41%; vertical-align: middle;">
              <div style="font-size: 18pt; font-weight: bold;">SCHEDULE OF INVESTMENTS&#160;<font style="font-style: italic;">(Unaudited)&#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; </font></div>
            </td>
            <td style="width: 19.59%; vertical-align: middle;">
              <div style="text-align: right;">August 31, 2019</div>
            </td>
          </tr>
          <tr>
            <td style="width: 80.41%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
            <td style="width: 19.59%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
          </tr>

      </table>
      <div><br>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div><font style="font-weight: bold;">SENIOR FIXED RATE INTERESTS</font><sup style="font-weight: bold; vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;&#8224;</sup>&#160;<font style="font-weight: bold;">- 0.1%</font></div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Communications -&#160;&#160;0.1%</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>MHGE Parent LLC</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">11.00% due 04/20/22<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;900,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;860,826</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="font-weight: bold;">Total Senior Fixed Rate Interests</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">(Cost $885,127)</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">860,826</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div><font style="font-weight: bold;">MUNICIPAL BONDS</font><sup style="font-weight: bold; vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;</sup>&#160;<font style="font-weight: bold;">- 0.1%</font></div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Oklahoma -&#160;&#160;0.1%</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="3" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Oklahoma Development Finance Authority Revenue Bonds</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">5.45% due 08/15/28</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;400,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;471,524</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="font-weight: bold;">Total Municipal Bonds</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">(Cost $400,000)</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">471,524</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>

      </table>
      <div><br>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Face</div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;"><br>
              </div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Amount<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">~</sup></div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top; text-align: right;">&#160;<font style="font-weight: bold;">Value</font></td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="font-weight: bold;">U.S. TREASURY BILLS<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;</sup> - 0.1%</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>U.S. Treasury Bills</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">2.37% due 09/05/19<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">3,14</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">400,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);"><br>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">
                <div>$399,960</div>
              </div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Total U.S. Treasury Bills</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">(Cost $399,730)</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">399,960</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">REPURCHASE AGREEMENTS<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;,15</sup> - 3.8%</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>BNP Paribas</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">issued 08/01/19 at 2.47%</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;"><br>
              </div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);"><br>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">&#160;due 11/01/19</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">7,946,605</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">7,946,605</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">issued 06/13/19 at 2.59%</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;"><br>
              </div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;"><br>
              </div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">&#160;due 09/16/19</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">2,000,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">2,000,000</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">issued 08/09/19 at 2.47%</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;"><br>
              </div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;"><br>
              </div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">&#160;due 11/01/19</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">1,527,936</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">1,527,936</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">issued 02/06/19 at 2.10%</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);"><br>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;"><br>
              </div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">&#160;open maturity<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">16</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">4,638</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">4,638</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Societe Generale</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">issued 07/09/19 at 2.74% (3 Month USD LIBOR + 0.40%)</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><br>
              </div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><br>
              </div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">&#160;due 03/03/20<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">8</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">4,351,418</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">4,351,418</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">issued 07/26/19 at 2.67% (3 Month USD LIBOR + 0.40%)</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><br>
              </div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><br>
              </div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">&#160;due 03/03/20<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">8</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">2,200,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">2,200,000</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Deutsche Bank</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">issued 08/06/19 at 2.62%</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;"><br>
              </div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;"><br>
              </div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">&#160;due 11/06/19</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">5,000,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">5,000,000</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Citigroup Global Markets</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">issued 03/15/19 at 1.85%</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><br>
              </div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><br>
              </div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">&#160;open maturity<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">16</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">1,311,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">1,311,000</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">issued 03/07/19 at 1.80%</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><br>
              </div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><br>
              </div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">&#160;open maturity<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">16</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">96,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">96,000</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">issued 02/04/19 at 1.85%</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);"><br>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><br>
              </div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">&#160;open maturity<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">16</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">46,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">46,000</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">issued 02/14/19 at 1.85%</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><br>
              </div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);"><br>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">&#160;open maturity<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">16</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">28,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">28,000</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">issued 02/07/19 at 1.85%</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><br>
              </div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><br>
              </div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">&#160;open maturity<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">16</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">27,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">27,000</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">issued 02/06/19 at 1.85%</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><br>
              </div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><br>
              </div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">&#160;open maturity<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">16</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">5,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">5,000</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">issued 02/08/19 at 1.85%</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><br>
              </div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><br>
              </div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">&#160;open maturity<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">16</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">5,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">5,000</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Bank of America Merrill Lynch</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">issued 08/02/19 at 1.90%</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;"><br>
              </div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;"><br>
              </div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">&#160;open maturity<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">16</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">989,887</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">989,887</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">issued 08/02/19 at 1.85%</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;"><br>
              </div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;"><br>
              </div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">&#160;open maturity<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">16</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">15,094</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">15,094</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Total Repurchase Agreements</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">(Cost $25,553,578)</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">25,553,578</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Contracts/</div>
              <div style="text-align: right; font-weight: bold;">Notional </div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;"><br>
              </div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top; text-align: right; font-weight: bold;">&#160;Value</td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top; text-align: right;">&#160;<font style="font-weight: bold;">Value</font></td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="font-weight: bold;">OTC OPTIONS PURCHASED<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;</sup> - 0.2%</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Call options on:</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">Citibank N.A., New York 2Y-10 CMS CAP</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><br>
              </div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><br>
              </div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><br>
              </div>
            </td>
          </tr>
          <tr>
            <td style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 18pt;">Expiring July 2022 with strike price of $0.40</div>
            </td>
            <td style="vertical-align: top; background-color: rgb(255, 255, 255); text-align: right;">&#160;441,000,000</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255); text-align: right;">&#160;$888,461</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">Bank of America, N.A. 2Y-10 CMS CAP</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><br>
              </div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><br>
              </div>
            </td>
          </tr>
          <tr>
            <td style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 18pt;">Expiring July 2022 with strike price of $0.61</div>
            </td>
            <td style="vertical-align: top; background-color: rgb(255, 255, 255); text-align: right;">&#160;165,000,000</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255); text-align: right;">&#160;207,327</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">Bank of America, N.A. 2Y-10 CMS CAP</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><br>
              </div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);"><br>
            </td>
          </tr>
          <tr>
            <td style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 18pt;">Expiring July 2022 with strike price of $0.40</div>
            </td>
            <td style="vertical-align: top; background-color: rgb(255, 255, 255); text-align: right;">&#160;53,000,000</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">106,777</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="font-weight: bold;">Total OTC Options Purchased</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">(Cost $1,391,950)</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">1,202,565</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="font-weight: bold;">Total Investments - 100.9%</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255); padding-bottom: 2px;">
              <div style="text-indent: 9pt;">(Cost $691,086,133)</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255); padding-bottom: 2px;"><br>
            </td>
            <td style="width: 10%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">
                <div>$673,290,221</div>
              </div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Face</div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;"><br>
              </div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">
                <div style="font-weight: bold;">Amount<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">~</sup></div>
              </div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top; text-align: right;">&#160;<font style="font-weight: bold;">Value</font></td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="font-weight: bold;">CORPORATE BONDS SOLD SHORT<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;</sup> - (0.4%)</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Harley-Davidson, Inc.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);"><br>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);"><br>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">3.50% due 07/28/25</div>
            </td>
            <td style="vertical-align: top; background-color: rgb(204, 238, 255); text-align: right;">
              <div>(100,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>)</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">$(104,518)</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Flex Ltd.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;"><br>
              </div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);"><br>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">4.75% due 06/15/25</div>
            </td>
            <td style="vertical-align: top; background-color: rgb(204, 238, 255); text-align: right;">
              <div>(170,000</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>)</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255); text-align: right;">
              <div>(182,380)</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Univision Communications, Inc.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;"><br>
              </div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);"><br>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">5.13% due 05/15/23<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7</sup></div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">
                <div>(50,000</div>
              </div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>
                <div>)</div>
              </div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">(49,375)</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after: always;">
          <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z6a88f36f0673439898f28055ea366580" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 80.41%; vertical-align: middle;">
              <div>Guggenheim Strategic Opportunities Fund</div>
            </td>
            <td style="width: 19.59%; vertical-align: middle;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 80.41%; vertical-align: middle;">
              <div style="font-size: 18pt; font-weight: bold;">SCHEDULE OF INVESTMENTS&#160;<font style="font-style: italic;">(Unaudited)&#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; </font></div>
            </td>
            <td style="width: 19.59%; vertical-align: middle;">
              <div style="text-align: right;">August 31, 2019</div>
            </td>
          </tr>
          <tr>
            <td style="width: 80.41%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
            <td style="width: 19.59%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
          </tr>

      </table>
      <div><br>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td style="vertical-align: top;">
              <div style="text-indent: 9pt;">5.13% due 02/15/25<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">7</sup></div>
            </td>
            <td style="vertical-align: top; text-align: right;">&#160;(150,000</td>
            <td style="width: 4%; vertical-align: top;">)</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right;">(144,734)</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Spirit AeroSystems, Inc.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><br>
              </div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);"><br>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">4.60% due 06/15/28</div>
            </td>
            <td style="vertical-align: top; background-color: rgb(255, 255, 255); text-align: right;">&#160;(810,000</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>)</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">(889,876)</div>
            </td>
          </tr>
          <tr>
            <td style="width: 76%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Dollar Tree, Inc.</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;"><br>
              </div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);"><br>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">4.00% due 05/15/25</div>
            </td>
            <td style="vertical-align: top; background-color: rgb(255, 255, 255); text-align: right;">&#160;(1,200,000</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>)</div>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">(1,268,332)</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; border-top: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="font-weight: bold;">Total Corporate Bonds Sold Short<br>
              </div>
            </td>
            <td style="width: 4%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: 9pt;">(Proceeds $2,365,521)</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">(2,639,215)</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 76%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Contracts</div>
            </td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">
              <div style="text-align: right; font-weight: bold;">Value</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="font-weight: bold;">CALL OPTIONS WRITTEN<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;</sup> - 0.0%</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Call options on:</div>
            </td>
            <td style="vertical-align: bottom; text-align: right; background-color: rgb(255, 255, 255);"><br>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">&#160;S&amp;P 500 Index Expiring September 2019 with strike price of $2,870.00 (Notional Value $877,938)</div>
            </td>
            <td style="vertical-align: top; background-color: rgb(204, 238, 255); text-align: right;">&#160; 3</td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);"><br>
            </td>
            <td style="width: 10%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">$(24,360)</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Total Call Options Written</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-indent: 9pt;">(Premiums received $19,103)</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">(24,360)</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Other Assets &amp; Liabilities, net - (0.5)%</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">(3,503,985)</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="font-weight: bold;">Total Net Assets - 100.0%</div>
            </td>
            <td style="width: 4%; vertical-align: top; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);"><br>
            </td>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right;">
                <div>$667,122,661</div>
              </div>
            </td>
          </tr>

      </table>
    </div>
    <div><br>
    </div>
    <div>
      <div>
        <table style="font-family: Arial; font-size: 10pt; width: 100%; text-align: left; color: #000000;" id="z5eca20171cab4100a53c739473b35c6e" cellpadding="0" cellspacing="0">

            <tr>
              <td style="width: 28.57%; vertical-align: top;">
                <div style="font-weight: bold;">Futures Contracts</div>
              </td>
              <td style="width: 14.29%; vertical-align: top;">&#160;</td>
              <td style="width: 14.29%; vertical-align: top;">&#160;</td>
              <td style="width: 14.29%; vertical-align: top;">&#160;</td>
              <td style="width: 14.29%; vertical-align: top;">&#160;</td>
              <td style="width: 14.29%; vertical-align: top;">&#160;</td>
            </tr>
            <tr>
              <td style="width: 14.29%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
                <div style="font-weight: bold;">Description</div>
              </td>
              <td style="width: 28.57%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
                <div style="text-align: right; font-weight: bold;"><br>
                </div>
              </td>
              <td style="width: 14.29%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); text-align: right;">
                <div style="font-weight: bold;">Number of </div>
                <div style="font-weight: bold;">Contracts</div>
              </td>
              <td style="width: 14.29%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); text-align: right;">
                <div style="font-weight: bold;">Expiration Date</div>
              </td>
              <td style="width: 14.29%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); text-align: right;">
                <div style="font-weight: bold;">Notional </div>
                <div style="font-weight: bold;">Amount</div>
              </td>
              <td colspan="1" style="width: 14.29%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
                <div style="text-align: right; font-weight: bold; margin-left: 10pt;">Value and Unrealized</div>
                <div style="text-align: right; font-weight: bold;">
                  <div style="font-weight: bold; margin-left: 10pt;">Appreciation<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">**</sup></div>
                </div>
              </td>
            </tr>
            <tr>
              <td colspan="2" style="width: 42.86%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div style="font-weight: bold;">Equity Futures Contracts Purchased<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;</sup></div>
              </td>
              <td style="width: 14.29%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 14.29%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 14.29%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 14.29%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div style="margin-left: 10pt">&#160;</div>
              </td>
            </tr>
            <tr>
              <td colspan="2" style="width: 42.86%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div>S&amp;P 500 Index Mini Futures Contracts</div>
              </td>
              <td style="width: 14.29%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">6</div>
              </td>
              <td style="width: 14.29%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">Sep 2019</div>
              </td>
              <td style="width: 14.29%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">$876,975</div>
              </td>
              <td style="width: 14.29%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div style="text-align: right; margin-left: 10pt;">$7,975</div>
              </td>
            </tr>

        </table>
      </div>
      <div><br>
      </div>
      <div><br>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; text-align: left; color: #000000;" id="zc6991f8a92ea41469fa24b6682559980" cellpadding="0" cellspacing="0">

          <tr>
            <td colspan="8" style="width: 80.38%; vertical-align: bottom;">
              <div style="font-weight: bold;">Centrally Cleared Credit Default Swap Agreements Protection Purchased<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;</sup></div>
            </td>
            <td style="width: 9.42%; vertical-align: bottom;">&#160;</td>
            <td style="width: 10.2%; vertical-align: bottom;">&#160;</td>
          </tr>
          <tr>
            <td colspan="8" style="width: 80.38%; vertical-align: bottom;">&#160;</td>
            <td style="width: 9.42%; vertical-align: bottom;">&#160;</td>
            <td style="width: 10.2%; vertical-align: bottom;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 13.41%; vertical-align: bottom; border-bottom: #000000 2px solid;">
              <div style="font-weight: bold;">Counterparty</div>
            </td>
            <td style="width: 8.01%; vertical-align: bottom; border-bottom: #000000 2px solid;">
              <div style="font-weight: bold;">Exchange</div>
            </td>
            <td style="width: 13.43%; vertical-align: bottom; border-bottom: #000000 2px solid;">
              <div style="font-weight: bold;">Index</div>
            </td>
            <td style="width: 8.03%; vertical-align: bottom; border-bottom: #000000 2px solid;">
              <div style="text-align: right; font-weight: bold;">Protection Premium Rate</div>
            </td>
            <td style="width: 9.32%; vertical-align: bottom; border-bottom: #000000 2px solid;">
              <div style="text-align: right; font-weight: bold;">Payment Frequency</div>
            </td>
            <td style="width: 8.04%; vertical-align: bottom; border-bottom: #000000 2px solid;">
              <div style="text-align: right; font-weight: bold;">Maturity </div>
              <div style="text-align: right; font-weight: bold;">Date</div>
            </td>
            <td style="width: 10.71%; vertical-align: bottom; border-bottom: #000000 2px solid;">
              <div style="text-align: right; font-weight: bold;">Notional </div>
              <div style="text-align: right; font-weight: bold;">Amount</div>
            </td>
            <td style="width: 9.42%; vertical-align: bottom; border-bottom: #000000 2px solid;">
              <div style="text-align: right; font-weight: bold;">Value</div>
            </td>
            <td style="width: 9.42%; vertical-align: bottom; border-bottom: #000000 2px solid;">
              <div style="text-align: right; font-weight: bold;">Upfront Premiums Received</div>
            </td>
            <td style="width: 10.2%; vertical-align: bottom; border-bottom: #000000 2px solid;">
              <div style="text-align: right; font-weight: bold;">Unrealized </div>
              <div style="text-align: right; font-weight: bold;">Depreciation<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">**</sup></div>
            </td>
          </tr>
          <tr>
            <td style="width: 13.41%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-indent: -18pt; margin-left: 18pt;">BofA Securities, Inc.</div>
            </td>
            <td style="width: 8.01%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div>ICE</div>
            </td>
            <td style="width: 13.43%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-indent: -18pt; margin-left: 18pt;">CDX.NA.IG.31 7-15%</div>
            </td>
            <td style="width: 8.03%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">1.00%</div>
            </td>
            <td style="width: 9.32%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">Quarterly</div>
            </td>
            <td style="width: 8.04%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">12/20/23</div>
            </td>
            <td style="width: 10.71%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">$98,500,000</div>
            </td>
            <td style="width: 9.42%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">$(2,140,123)</div>
            </td>
            <td style="width: 9.42%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">$(1,002,789)</div>
            </td>
            <td style="width: 10.2%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">$(1,137,334)</div>
            </td>
          </tr>
          <tr>
            <td colspan="8" style="width: 80.38%; vertical-align: bottom; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 9.42%; vertical-align: bottom; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10.2%; vertical-align: bottom; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td colspan="8" style="width: 80.38%; vertical-align: bottom;">
              <div style="font-weight: bold;">OTC Credit Default Swap Agreements Protection Purchased<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;</sup></div>
            </td>
            <td style="width: 9.42%; vertical-align: bottom;">&#160;</td>
            <td style="width: 10.2%; vertical-align: bottom;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 13.41%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Counterparty</div>
            </td>
            <td style="width: 8.01%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 13.43%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Index/Reference Obligation</div>
            </td>
            <td style="width: 8.03%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: right; font-weight: bold;">Protection Premium Rate</div>
            </td>
            <td style="width: 9.32%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: right; font-weight: bold;">Payment Frequency</div>
            </td>
            <td style="width: 8.04%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: right; font-weight: bold;">Maturity </div>
              <div style="text-align: right; font-weight: bold;">Date</div>
            </td>
            <td style="width: 10.71%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: right; font-weight: bold;">Notional </div>
              <div style="text-align: right; font-weight: bold;">Amount</div>
            </td>
            <td style="width: 9.42%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: right; font-weight: bold;">Value</div>
            </td>
            <td style="width: 9.42%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: right; font-weight: bold;">Upfront Premiums Paid (Received)</div>
            </td>
            <td style="width: 10.2%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: right; font-weight: bold;">Unrealized Appreciation (Depreciation)</div>
            </td>
          </tr>
          <tr>
            <td style="width: 13.41%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-indent: -18pt; margin-left: 18pt;">Goldman Sachs International</div>
            </td>
            <td style="width: 8.01%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 13.43%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-indent: -18pt; margin-left: 18pt;">L Brands, Inc.</div>
            </td>
            <td style="width: 8.03%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">1.00%</div>
            </td>
            <td style="width: 9.32%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">Quarterly</div>
            </td>
            <td style="width: 8.04%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">06/20/24</div>
            </td>
            <td style="width: 10.71%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">$30,000</div>
            </td>
            <td style="width: 9.42%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">$2,931</div>
            </td>
            <td style="width: 9.42%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">$2,924</div>
            </td>
            <td style="width: 10.2%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">$7</div>
            </td>
          </tr>
          <tr>
            <td style="width: 13.41%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-indent: -18pt; margin-left: 18pt;">Morgan Stanley Capital Services LLC</div>
            </td>
            <td style="width: 8.01%; vertical-align: bottom; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 13.43%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-indent: -18pt; margin-left: 18pt;">CDX.NA.IG.31 7-15%</div>
            </td>
            <td style="width: 8.03%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">1.00%</div>
            </td>
            <td style="width: 9.32%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">Quarterly</div>
            </td>
            <td style="width: 8.04%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">12/20/23</div>
            </td>
            <td style="width: 10.71%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;5,800,000</div>
            </td>
            <td style="width: 9.42%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;(111,795)</div>
            </td>
            <td style="width: 9.42%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;(1,187)</div>
            </td>
            <td style="width: 10.2%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;(110,608)</div>
            </td>
          </tr>
          <tr>
            <td style="width: 13.41%; vertical-align: bottom; background-color: rgb(204, 238, 255); padding-bottom: 2px;">
              <div style="text-indent: -18pt; margin-left: 18pt;">Goldman Sachs International</div>
            </td>
            <td style="width: 8.01%; vertical-align: bottom; background-color: rgb(204, 238, 255); padding-bottom: 2px;">&#160;</td>
            <td style="width: 13.43%; vertical-align: bottom; background-color: rgb(204, 238, 255); padding-bottom: 2px;">
              <div style="text-indent: -18pt; margin-left: 18pt;">CDX.NA.IG.31 7-15%</div>
            </td>
            <td style="width: 8.03%; vertical-align: bottom; background-color: rgb(204, 238, 255); padding-bottom: 2px;">
              <div style="text-align: right;">1.00%</div>
            </td>
            <td style="width: 9.32%; vertical-align: bottom; background-color: rgb(204, 238, 255); padding-bottom: 2px;">
              <div style="text-align: right;">Quarterly</div>
            </td>
            <td style="width: 8.04%; vertical-align: bottom; background-color: rgb(204, 238, 255); padding-bottom: 2px;">
              <div style="text-align: right;">12/20/23</div>
            </td>
            <td style="width: 10.71%; vertical-align: bottom; background-color: rgb(204, 238, 255); padding-bottom: 2px;">
              <div style="text-align: right;">&#160;13,410,000</div>
            </td>
            <td style="width: 9.42%; vertical-align: bottom; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right;">&#160;(258,478)</div>
            </td>
            <td style="width: 9.42%; vertical-align: bottom; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right;">&#160;(18,886)</div>
            </td>
            <td style="width: 10.2%; vertical-align: bottom; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right;">&#160;(239,592)</div>
            </td>
          </tr>
          <tr>
            <td style="width: 13.41%; vertical-align: bottom; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 8.01%; vertical-align: bottom; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 13.43%; vertical-align: bottom; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 8.03%; vertical-align: bottom; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 9.32%; vertical-align: bottom; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 8.04%; vertical-align: bottom; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10.71%; vertical-align: bottom; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 9.42%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">$(367,342)</div>
            </td>
            <td style="width: 9.42%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">$(17,149)</div>
            </td>
            <td style="width: 10.2%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">$(350,193)</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; text-align: left; color: #000000;" id="zcf1ba472f05945f8b1170331b2c13076" cellpadding="0" cellspacing="0">

          <tr>
            <td colspan="9" style="width: 81.16%; vertical-align: bottom;">
              <div style="font-weight: bold;">Centrally Cleared Interest Rate Swap Agreements<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;</sup></div>
            </td>
            <td style="width: 8.68%; vertical-align: bottom;">&#160;</td>
            <td style="width: 10.15%; vertical-align: bottom;">&#160;</td>
          </tr>
          <tr>
            <td colspan="9" style="width: 81.16%; vertical-align: bottom;">&#160;</td>
            <td style="width: 8.68%; vertical-align: bottom;">&#160;</td>
            <td style="width: 10.15%; vertical-align: bottom;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 11.54%; vertical-align: bottom; border-bottom: #000000 2px solid;">
              <div style="font-weight: bold;">Counterparty</div>
            </td>
            <td style="width: 6.73%; vertical-align: bottom; border-bottom: #000000 2px solid;">
              <div style="text-align: right; font-weight: bold;">Exchange</div>
            </td>
            <td style="width: 7.2%; vertical-align: bottom; border-bottom: #000000 2px solid;">
              <div style="text-align: right; font-weight: bold;">Floating Rate Type</div>
            </td>
            <td style="width: 11.26%; vertical-align: bottom; border-bottom: #000000 2px solid;">
              <div style="text-align: right; font-weight: bold;">Floating Rate Index</div>
            </td>
            <td style="width: 7.11%; vertical-align: bottom; border-bottom: #000000 2px solid;">
              <div style="text-align: right; font-weight: bold;">Fixed Rate</div>
            </td>
            <td style="width: 8.68%; vertical-align: bottom; border-bottom: #000000 2px solid;">
              <div style="text-align: right; font-weight: bold;">Payment Frequency</div>
            </td>
            <td style="width: 8.69%; vertical-align: bottom; border-bottom: #000000 2px solid;">
              <div style="text-align: right; font-weight: bold;">Maturity </div>
              <div style="text-align: right; font-weight: bold;">Date</div>
            </td>
            <td style="width: 11.49%; vertical-align: bottom; border-bottom: #000000 2px solid;">
              <div style="text-align: right; font-weight: bold;">Notional </div>
              <div style="text-align: right; font-weight: bold;">Amount</div>
            </td>
            <td style="width: 8.45%; vertical-align: bottom; border-bottom: #000000 2px solid;">
              <div style="text-align: right; font-weight: bold;">Value</div>
            </td>
            <td style="width: 8.68%; vertical-align: bottom; border-bottom: #000000 2px solid;">
              <div style="text-align: right; font-weight: bold;">Premiums Paid</div>
            </td>
            <td style="width: 10.15%; vertical-align: bottom; border-bottom: #000000 2px solid;">
              <div style="text-align: right; font-weight: bold;">Unrealized Depreciation<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">**</sup></div>
            </td>
          </tr>
          <tr>
            <td style="width: 11.54%; vertical-align: bottom; background-color: rgb(204, 238, 255); padding-bottom: 2px;">
              <div style="text-indent: -18pt; margin-left: 18pt;">BofA Securities, Inc.</div>
            </td>
            <td style="width: 6.73%; vertical-align: bottom; background-color: rgb(204, 238, 255); padding-bottom: 2px;">
              <div style="text-align: right;">CME</div>
            </td>
            <td style="width: 7.2%; vertical-align: bottom; background-color: rgb(204, 238, 255); padding-bottom: 2px;">
              <div style="text-align: right;">Receive</div>
            </td>
            <td style="width: 11.26%; vertical-align: bottom; background-color: rgb(204, 238, 255); padding-bottom: 2px;">
              <div style="text-align: right;">3-Month USD LIBOR</div>
            </td>
            <td style="width: 7.11%; vertical-align: bottom; background-color: rgb(204, 238, 255); padding-bottom: 2px;">
              <div style="text-align: right;">1.54%</div>
            </td>
            <td style="width: 8.68%; vertical-align: bottom; background-color: rgb(204, 238, 255); padding-bottom: 2px;">
              <div style="text-align: right;">Quarterly</div>
            </td>
            <td style="width: 8.69%; vertical-align: bottom; background-color: rgb(204, 238, 255); padding-bottom: 2px;">
              <div style="text-align: right;">08/04/21</div>
            </td>
            <td style="width: 11.49%; vertical-align: bottom; background-color: rgb(204, 238, 255); padding-bottom: 2px;">
              <div style="text-align: right;">$2,390,000</div>
            </td>
            <td style="width: 8.45%; vertical-align: bottom; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right;">$(89)</div>
            </td>
            <td style="width: 8.68%; vertical-align: bottom; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right;">$302</div>
            </td>
            <td style="width: 10.15%; vertical-align: bottom; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right;">$(391)</div>
            </td>
          </tr>
          <tr>
            <td colspan="11" style="width: 100%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="font-family: 'Franklin Gothic Book', 'Franklin Gothic Medium', sans-serif; font-size: 1pt;">&#160;</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <div><br>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; text-align: left; color: #000000;" id="z0243dc6d9a00433c9811fe639351fe19" cellpadding="0" cellspacing="0">

          <tr>
            <td colspan="4" style="width: 51.21%; vertical-align: bottom;">
              <div style="font-weight: bold;">Total Return Swap Agreements</div>
            </td>
            <td style="width: 10.43%; vertical-align: bottom;">&#160;</td>
            <td style="width: 15.91%; vertical-align: bottom;">&#160;</td>
            <td style="width: 13.01%; vertical-align: bottom;">&#160;</td>
            <td style="width: 9.43%; vertical-align: bottom;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 13.87%; vertical-align: bottom; border-bottom: #000000 2px solid;">
              <div style="font-weight: bold;">Counterparty</div>
            </td>
            <td style="width: 16.51%; vertical-align: bottom; border-bottom: #000000 2px solid;">
              <div style="font-weight: bold;">Reference Obligation</div>
            </td>
            <td style="width: 10.4%; vertical-align: bottom; border-bottom: #000000 2px solid;">
              <div style="text-align: right; font-weight: bold;">Financing Rate Pay</div>
            </td>
            <td style="width: 10.43%; vertical-align: bottom; border-bottom: #000000 2px solid;">
              <div style="text-align: right; font-weight: bold;">Payment Frequency</div>
            </td>
            <td style="width: 10.43%; vertical-align: bottom; border-bottom: #000000 2px solid;">
              <div style="text-align: right; font-weight: bold;">Maturity </div>
              <div style="text-align: right; font-weight: bold;">Date</div>
            </td>
            <td style="width: 15.91%; vertical-align: bottom; border-bottom: #000000 2px solid;">
              <div style="text-align: right; font-weight: bold;">Units</div>
            </td>
            <td style="width: 13.01%; vertical-align: bottom; border-bottom: #000000 2px solid;">
              <div style="text-align: right; font-weight: bold;">Notional </div>
              <div style="text-align: right; font-weight: bold;">Amount</div>
            </td>
            <td style="width: 9.43%; vertical-align: bottom; border-bottom: #000000 2px solid;">
              <div style="text-align: right; font-weight: bold;">Value and Unrealized Depreciation</div>
            </td>
          </tr>
          <tr>
            <td colspan="4" style="width: 51.21%; vertical-align: middle; background-color: rgb(204, 238, 255);">
              <div style="font-weight: bold;">OTC Sovereign Debt Swap Agreements<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;</sup></div>
            </td>
            <td style="width: 10.43%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 15.91%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 13.01%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 9.43%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 13.87%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: -9pt; margin-left: 9pt;">Deutsche Bank AG</div>
            </td>
            <td style="width: 16.51%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-indent: -9pt; margin-left: 9pt;">Korea Monetary Stabilization Bond</div>
            </td>
            <td style="width: 10.4%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">2.58%</div>
            </td>
            <td style="width: 10.43%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">At Maturity</div>
            </td>
            <td style="width: 10.43%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">11/02/19</div>
            </td>
            <td style="width: 15.91%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;KRW 2,869,195,000</div>
            </td>
            <td style="width: 13.01%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">$2,372,243</div>
            </td>
            <td style="width: 9.43%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">$(3,624)</div>
            </td>
          </tr>
          <tr>
            <td colspan="8" style="width: 100%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="font-family: 'Franklin Gothic Book', 'Franklin Gothic Medium', sans-serif; font-size: 1pt;">&#160;</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after: always;">
          <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
      </div>
      <div>
        <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" cellpadding="0" cellspacing="0">

            <tr>
              <td style="width: 80.41%; vertical-align: middle;">
                <div>Guggenheim Strategic Opportunities Fund</div>
              </td>
              <td style="width: 19.59%; vertical-align: middle;">&#160;</td>
            </tr>
            <tr>
              <td style="width: 80.41%; vertical-align: middle;">
                <div style="font-size: 18pt; font-weight: bold;">SCHEDULE OF INVESTMENTS&#160;<font style="font-style: italic;">(Unaudited)&#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; </font></div>
              </td>
              <td style="width: 19.59%; vertical-align: middle;">
                <div style="text-align: right;">August 31, 2019</div>
              </td>
            </tr>
            <tr>
              <td style="width: 80.41%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
              <td style="width: 19.59%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
            </tr>

        </table>
      </div>
      <div><br>
      </div>
      <div><br>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; text-align: left; color: #000000;" id="zff67f3f61c9c431f8f5ac124898c00da" cellpadding="0" cellspacing="0">

          <tr>
            <td colspan="7" style="width: 100%; vertical-align: bottom;">
              <div style="font-weight: bold;">Forward Foreign Currency Exchange Contracts<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#8224;&#8224;</sup></div>
            </td>
          </tr>
          <tr>
            <td style="width: 15.62%; vertical-align: bottom; border-bottom: #000000 2px solid;">
              <div style="font-weight: bold;">Counterparty</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; border-bottom: #000000 2px solid;">
              <div style="text-align: right; font-weight: bold;">Contracts to Sell</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; border-bottom: #000000 2px solid;">
              <div style="text-align: right; font-weight: bold;">Currency</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; border-bottom: #000000 2px solid;">
              <div style="text-align: right; font-weight: bold;">Settlement Date</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; border-bottom: #000000 2px solid;">
              <div style="text-align: right; font-weight: bold;">Settlement Value</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; border-bottom: #000000 2px solid;">
              <div style="text-align: right; font-weight: bold;">Value at </div>
              <div style="text-align: right; font-weight: bold;">August 31, 2019</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; border-bottom: #000000 2px solid;">
              <div style="text-align: right; font-weight: bold;">Unrealized Appreciation (Depreciation)</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div>JPMorgan Chase Bank, N.A.</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">18,500,000</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">BRL</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">10/01/19</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">$4,728,172</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">$4,464,831</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">$263,341</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div>Goldman Sachs International</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">26,600,000</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">BRL</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">10/01/19</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;6,614,387</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;6,419,703</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;194,684</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div>Citibank N.A., New York</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">11,240,000</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">BRL</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">07/01/21</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;2,716,436</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;2,542,068</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;174,368</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div>Goldman Sachs International</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">5,420,000</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">BRL</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">07/01/20</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,407,426</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,281,014</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;126,412</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div>Barclays Bank plc</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">2,366,000</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">EUR</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">01/17/20</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;2,732,494</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;2,628,412</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;104,082</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div>Citibank N.A., New York</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">25,900,000</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">BRL</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">01/02/20</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;6,314,236</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;6,210,560</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;103,676</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div>Goldman Sachs International</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">2,290,000</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">EUR</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">01/17/20</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;2,644,306</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;2,543,983</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;100,323</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div>Citibank N.A., New York</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">4,440,000</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">BRL</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">07/01/20</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,143,623</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,049,392</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;94,231</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div>Citibank N.A., New York</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">5,870,000</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">BRL</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">10/01/19</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;1,491,034</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;1,416,679</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;74,355</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div>Goldman Sachs International</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">5,700,000</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">BRL</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">07/01/21</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,335,363</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,289,127</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;46,236</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div>JPMorgan Chase Bank, N.A.</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">3,000,000</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">BRL</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">07/01/21</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">712,674</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">678,488</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">34,186</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div>Bank of America, N.A.</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">749,320</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">EUR</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">06/15/20</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;861,699</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;841,066</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;20,633</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div>Bank of America, N.A.</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">4,363,200</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">ILS</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">04/30/21</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;1,293,950</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;1,274,927</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;19,023</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div>Deutsche Bank AG</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">2,876,875,324</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">KRW</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">08/04/21</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;2,453,416</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;2,434,723</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;18,693</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div>Goldman Sachs International</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">660,240</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">EUR</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">06/15/20</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;759,659</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;741,079</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;18,580</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div>Bank of America, N.A.</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">1,010,000</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">EUR</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">09/12/19</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,127,494</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,111,206</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;16,288</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div>Goldman Sachs International</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">16,654,900</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">ILS</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">04/30/21</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;4,882,148</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;4,866,560</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;15,588</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div>Goldman Sachs International</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">5,707,550</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">ILS</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">01/31/22</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,691,893</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,683,611</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;8,282</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div>Goldman Sachs International</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">260,000</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">EUR</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">04/30/20</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;298,168</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;290,955</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;7,213</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div>Bank of America, N.A.</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">43,318</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">ILS</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">04/30/20</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;12,646</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;12,470</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;176</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div>Goldman Sachs International</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">320,150</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">ILS</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">01/31/20</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;91,759</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;91,643</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;116</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div>Goldman Sachs International</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">165,352</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">ILS</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">04/30/20</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;47,654</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;47,600</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;54</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div>Deutsche Bank AG</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">7,680,324</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">KRW</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">11/05/19</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;6,411</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;6,360</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;51</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div>Deutsche Bank AG</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">7,680,324</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">KRW</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">02/05/20</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;6,429</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;6,379</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;50</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div>Deutsche Bank AG</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">7,680,324</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">KRW</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">11/04/20</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;6,492</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;6,443</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;49</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div>Deutsche Bank AG</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">7,680,324</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">KRW</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">08/05/20</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;6,473</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;6,424</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;49</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div>Deutsche Bank AG</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">7,680,324</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">KRW</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">02/04/21</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;6,511</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;6,462</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;49</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div>Deutsche Bank AG</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">7,513,360</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">KRW</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">05/06/20</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;6,310</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;6,262</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;48</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div>Deutsche Bank AG</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">7,429,879</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">KRW</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">05/06/21</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;6,315</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;6,270</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;45</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div>JPMorgan Chase Bank, N.A.</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">29,000</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">JPY</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">09/20/19</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;270</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;273</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;(3)</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div>JPMorgan Chase Bank, N.A.</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">30,200</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">JPY</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">12/02/19</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;282</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;286</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;(4)</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div>Bank of America, N.A.</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">71,450</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">JPY</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">10/15/19</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;666</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;675</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;(9)</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div>Goldman Sachs International</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">73,150</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">JPY</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">12/20/19</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;684</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;694</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;(10)</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div>Bank of America, N.A.</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">83,000</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">JPY</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">12/20/19</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;775</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;787</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;(12)</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div>Citibank N.A., New York</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">189,500</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">JPY</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">12/02/19</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;1,770</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;1,795</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;(25)</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div>JPMorgan Chase Bank, N.A.</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">203,500</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">JPY</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">09/03/19</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,888</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,916</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;(28)</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div>JPMorgan Chase Bank, N.A.</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">203,500</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">JPY</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">03/02/20</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;1,913</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;1,941</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;(28)</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div>Goldman Sachs International</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">353,000</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">JPY</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">09/20/19</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;3,293</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;3,327</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;(34)</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after: always;">
          <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
      </div>
      <div>
        <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" cellpadding="0" cellspacing="0">

            <tr>
              <td style="width: 80.41%; vertical-align: middle;">
                <div>Guggenheim Strategic Opportunities Fund</div>
              </td>
              <td style="width: 19.59%; vertical-align: middle;">&#160;</td>
            </tr>
            <tr>
              <td style="width: 80.41%; vertical-align: middle;">
                <div style="font-size: 18pt; font-weight: bold;">SCHEDULE OF INVESTMENTS&#160;<font style="font-style: italic;">(Unaudited)&#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; </font></div>
              </td>
              <td style="width: 19.59%; vertical-align: middle;">
                <div style="text-align: right;">August 31, 2019</div>
              </td>
            </tr>
            <tr>
              <td style="width: 80.41%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
              <td style="width: 19.59%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
            </tr>

        </table>
        <br>
        <br>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; text-align: left; color: #000000;" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div>Goldman Sachs International</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">4,841,027</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">ILS</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">02/01/21</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;1,410,168</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;1,410,257</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;(89)</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div>Goldman Sachs International</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">6,723,951</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">JPY</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">06/22/20</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;63,635</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;64,532</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;(897)</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div>Goldman Sachs International</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">34,353,000</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">JPY</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">03/23/20</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;324,553</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;327,979</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;(3,426)</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div>JPMorgan Chase Bank, N.A.</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">58,029,000</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">JPY</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">03/23/20</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;548,033</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;554,020</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;(5,987)</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div>JPMorgan Chase Bank, N.A.</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">60,430,200</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">JPY</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">06/01/20</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;571,147</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;579,271</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;(8,124)</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div>Goldman Sachs International</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">1,112,000</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">GBP</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">09/12/19</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,343,485</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,353,516</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;(10,031)</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div>Bank of America, N.A.</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">142,971,450</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">JPY</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">04/15/20</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;1,348,546</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;1,366,799</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;(18,253)</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div>Bank of America, N.A.</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">166,083,000</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">JPY</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">06/22/20</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,570,822</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;1,593,953</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;(23,131)</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div>Barclays Bank plc</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">8,085,000</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">ILS</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">01/31/20</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;2,287,452</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;2,314,327</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;(26,875)</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div>Citibank N.A., New York</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">379,189,500</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">JPY</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">06/01/20</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;3,587,277</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;3,634,828</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;(47,551)</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div>JPMorgan Chase Bank, N.A.</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">407,203,500</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">JPY</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">09/01/20</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;3,870,645</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;3,923,920</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;(53,275)</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div>Citibank N.A., New York</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">444,400,000</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">JPY</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">01/10/20</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;4,143,473</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;4,221,328</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;(77,855)</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255); padding-bottom: 2px;">
              <div>Goldman Sachs International</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255); padding-bottom: 2px;">
              <div style="text-align: right;">1,777,600,000</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255); padding-bottom: 2px;">
              <div style="text-align: right;">JPY</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(204, 238, 255); padding-bottom: 2px;">
              <div style="text-align: right;">01/10/20</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255); padding-bottom: 2px;">
              <div style="text-align: right;">&#160;16,579,925</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255); padding-bottom: 2px;">
              <div style="text-align: right;">&#160;16,885,314</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right;">&#160;(305,389)</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 12.5%; vertical-align: bottom; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 15.62%; vertical-align: bottom; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 15.62%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">$859,845</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15.62%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="font-weight: bold;">Counterparty</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right; font-weight: bold;">Contracts to Buy</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right; font-weight: bold;">Currency</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right; font-weight: bold;">Settlement Date</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right; font-weight: bold;">Settlement Value</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right; font-weight: bold;">Value at August 31, 2019</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right; font-weight: bold;">Unrealized Appreciation<br>
              </div>
            </td>
          </tr>
          <tr>
            <td style="width: 15.62%; vertical-align: bottom; padding-bottom: 2px; background-color: rgb(204, 238, 255);">
              <div>Morgan Stanley Capital Services LLC</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; padding-bottom: 2px; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">12,742,000</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; padding-bottom: 2px; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">BRL</div>
            </td>
            <td style="width: 12.5%; vertical-align: bottom; padding-bottom: 2px; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">10/01/19</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; padding-bottom: 2px; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">$3,036,485</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; padding-bottom: 2px; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">$3,075,183</div>
            </td>
            <td style="width: 15.62%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">$38,698</div>
            </td>
          </tr>

      </table>
      <br>
      <div><br>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; text-align: left; color: #000000;" id="z006429b266a74f5ebbed9bb9a98c5451" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 4%; vertical-align: top;">
              <div style="text-align: right; font-style: italic;">~</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: bottom;">&#160;</td>
            <td style="width: 95%; vertical-align: bottom;">
              <div style="font-style: italic;">The face amount is denominated in U.S. dollars unless otherwise indicated.</div>
            </td>
          </tr>
          <tr>
            <td style="width: 4%; vertical-align: top;">
              <div style="text-align: right; font-style: italic;">*</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: bottom;">&#160;</td>
            <td style="width: 95%; vertical-align: bottom;">
              <div style="font-style: italic;">Non-income producing security.</div>
            </td>
          </tr>
          <tr>
            <td style="width: 4%; vertical-align: top;">
              <div style="text-align: right; font-style: italic;">**</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: bottom;">&#160;</td>
            <td style="width: 95%; vertical-align: bottom;">
              <div style="font-style: italic;">Includes cumulative appreciation (depreciation).</div>
            </td>
          </tr>
          <tr>
            <td style="width: 4%; vertical-align: top;">
              <div style="text-align: right; font-style: italic;">&#8224;</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: bottom;">&#160;</td>
            <td style="width: 95%; vertical-align: bottom;">
              <div style="font-style: italic;">Value determined based on Level 1 inputs, unless otherwise noted &#8212; See Note 3.</div>
            </td>
          </tr>
          <tr>
            <td style="width: 4%; vertical-align: top;">
              <div style="text-align: right; font-style: italic;">&#8224;&#8224;</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: bottom;">&#160;</td>
            <td style="width: 95%; vertical-align: bottom;">
              <div style="font-style: italic;">Value determined based on Level 2 inputs, unless otherwise noted &#8212; See Note 3.</div>
            </td>
          </tr>
          <tr>
            <td style="width: 4%; vertical-align: top;">
              <div style="text-align: right; font-style: italic;">&#8224;&#8224;&#8224;</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: bottom;">&#160;</td>
            <td style="width: 95%; vertical-align: bottom;">
              <div style="font-style: italic;">Value determined based on Level 3 inputs &#8212; See Note 3.</div>
            </td>
          </tr>
          <tr>
            <td style="width: 4%; vertical-align: top;">
              <div style="text-align: right; font-style: italic;">1</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: bottom;">&#160;</td>
            <td style="width: 95%; vertical-align: bottom;">
              <div style="font-style: italic;">Security was fair valued by the Valuation Committee&#160;at August 31, 2019.&#160; The total market value of fair valued securities amounts to $24,760,724, (cost $25,039,544) or 3.7%&#160;of total net assets.</div>
            </td>
          </tr>
          <tr>
            <td style="width: 4%; vertical-align: top;">
              <div style="text-align: right; font-style: italic;">2</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: bottom;">&#160;</td>
            <td style="width: 95%; vertical-align: bottom;">
              <div style="font-style: italic;">Affiliated issuer.</div>
            </td>
          </tr>
          <tr>
            <td style="width: 4%; vertical-align: top;">
              <div style="text-align: right; font-style: italic;">3</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: bottom;">&#160;</td>
            <td style="width: 95%; vertical-align: bottom;">
              <div style="font-style: italic;">All or a portion of these securities have been physically segregated in connection with futures contracts and unfunded loan commitments. As of August 31, 2019, the total value of segregated securities was
                $15,913,309.</div>
            </td>
          </tr>
          <tr>
            <td style="width: 4%; vertical-align: top;">
              <div style="text-align: right; font-style: italic;">4</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: bottom;">&#160;</td>
            <td style="width: 95%; vertical-align: bottom;">
              <div style="font-style: italic;">Perpetual maturity.</div>
            </td>
          </tr>
          <tr>
            <td style="width: 4%; vertical-align: top;">
              <div style="text-align: right; font-style: italic;">5</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: bottom;">&#160;</td>
            <td style="width: 95%; vertical-align: bottom;">
              <div style="font-style: italic;">Security has a fixed rate coupon which will convert to a floating or variable rate coupon on a future date.</div>
            </td>
          </tr>
          <tr>
            <td style="width: 4%; vertical-align: top;">
              <div style="text-align: right; font-style: italic;">6</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: bottom;">&#160;</td>
            <td style="width: 95%; vertical-align: bottom;">
              <div style="font-style: italic;">Rate indicated is the 7-day yield as of August 31, 2019.</div>
            </td>
          </tr>
          <tr>
            <td style="width: 4%; vertical-align: top;">
              <div style="text-align: right; font-style: italic;">7</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: bottom;">&#160;</td>
            <td style="width: 95%; vertical-align: bottom;">
              <div style="font-style: italic;">Security is a 144A or Section 4(a)(2) security.&#160;These securities have been determined to be liquid under guidelines established by the Board of Trustees. The total market value of 144A or Section 4(a)(2)
                securities is $159,429,657&#160;(cost $160,221,883), or 23.9%&#160;of total net assets.</div>
            </td>
          </tr>
          <tr>
            <td style="width: 4%; vertical-align: top;">
              <div style="text-align: right; font-style: italic;">8</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: bottom;">&#160;</td>
            <td style="width: 95%; vertical-align: bottom;">
              <div style="font-style: italic;">Variable rate security.&#160;&#160;Rate indicated is the rate effective at August 31, 2019. In some instances, the effective rate is limited by a minimum rate floor or a maximum rate cap established by the issuer. The
                settlement status of a position may also impact the effective rate indicated. In some cases, a position may be unsettled at period end and may not have a stated effective rate. In instances where multiple underlying reference rates and
                spread amounts are shown, the effective rate is based on a weighted average.</div>
            </td>
          </tr>
          <tr>
            <td style="width: 4%; vertical-align: top;">
              <div style="text-align: right; font-style: italic;">9</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: bottom;">&#160;</td>
            <td style="width: 95%; vertical-align: bottom;">
              <div style="font-style: italic;">Security is a 144A or Section 4(a)(2) security.&#160;These securities have been determined to be illiquid and restricted under guidelines established by the Board of Trustees. The total market value of 144A or
                Section 4(a)(2) illiquid and restricted securities is $11,240,443&#160;(cost $17,931,509), or 1.7%&#160;of total net assets &#8212; See Note 6.</div>
            </td>
          </tr>
          <tr>
            <td style="width: 4%; vertical-align: top;">
              <div style="text-align: right; font-style: italic;">10</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: bottom;">&#160;</td>
            <td style="width: 95%; vertical-align: bottom;">
              <div style="font-style: italic;">Security has no stated coupon. However, it is expected to receive residual cash flow payments on defined deal dates.</div>
            </td>
          </tr>
          <tr>
            <td style="width: 4%; vertical-align: top;">
              <div style="text-align: right; font-style: italic;">11</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: bottom;">&#160;</td>
            <td style="width: 95%; vertical-align: bottom;">
              <div style="font-style: italic;">Security is a step up/down bond. The coupon increases or decreases at regular intervals until the bond reaches full maturity. Rate indicated is the rate at August 31, 2019. See table below for additional step
                information for each security.</div>
            </td>
          </tr>
          <tr>
            <td style="width: 4%; vertical-align: top;">
              <div style="text-align: right; font-style: italic;">12</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: bottom;">&#160;</td>
            <td style="width: 95%; vertical-align: bottom;">
              <div style="font-style: italic;">Security is in default of interest and/or principal obligations.</div>
            </td>
          </tr>
          <tr>
            <td style="width: 4%; vertical-align: top;">
              <div style="text-align: right; font-style: italic;">13</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: bottom;">&#160;</td>
            <td style="width: 95%; vertical-align: bottom;">
              <div style="font-style: italic;">Zero coupon rate security.</div>
            </td>
          </tr>
          <tr>
            <td style="width: 4%; vertical-align: top;">
              <div style="text-align: right; font-style: italic;">14</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: bottom;">&#160;</td>
            <td style="width: 95%; vertical-align: bottom;">
              <div style="font-style: italic;">Rate indicated is the effective yield at the time of purchase.</div>
            </td>
          </tr>
          <tr>
            <td style="width: 4%; vertical-align: top;">
              <div style="text-align: right; font-style: italic;">15</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: bottom;">&#160;</td>
            <td style="width: 95%; vertical-align: bottom;">
              <div style="font-style: italic;">Repurchase Agreements - See additional disclosure in the repurchase agreements table below for more information on repurchase agreements.</div>
            </td>
          </tr>
          <tr>
            <td style="width: 4%; vertical-align: top;">
              <div style="text-align: right; font-style: italic;">16</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: bottom;">&#160;</td>
            <td style="width: 95%; vertical-align: bottom;">
              <div style="font-style: italic;">The rate is adjusted periodically by the counterparty, subject to approval by the Adviser, and is not based upon a set reference rate and spread. Rate indicated is the rate effective at August 31, 2019.</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after: always;">
          <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
      </div>
      <div>
        <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" cellpadding="0" cellspacing="0">

            <tr>
              <td style="width: 80.41%; vertical-align: middle;">
                <div>Guggenheim Strategic Opportunities Fund</div>
              </td>
              <td style="width: 19.59%; vertical-align: middle;">&#160;</td>
            </tr>
            <tr>
              <td style="width: 80.41%; vertical-align: middle;">
                <div style="font-size: 18pt; font-weight: bold;">SCHEDULE OF INVESTMENTS&#160;<font style="font-style: italic;">(Unaudited)&#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; </font></div>
              </td>
              <td style="width: 19.59%; vertical-align: middle;">
                <div style="text-align: right;">August 31, 2019</div>
              </td>
            </tr>
            <tr>
              <td style="width: 80.41%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
              <td style="width: 19.59%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
            </tr>

        </table>
      </div>
      <div><br>
      </div>
      <div><br>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; text-align: left; color: #000000;" id="ze08f589eadf645859682d7aced6a4c0b" cellpadding="0" cellspacing="0">

          <tr>
            <td rowspan="1" style="width: 14.63%; vertical-align: bottom;">BofA</td>
            <td rowspan="1" style="width: 85.37%; vertical-align: bottom;">Bank of America</td>
          </tr>
          <tr>
            <td rowspan="1" style="width: 14.63%; vertical-align: bottom;">BRL <br>
            </td>
            <td rowspan="1" style="width: 85.37%; vertical-align: bottom;">Brazilian Real</td>
          </tr>
          <tr>
            <td rowspan="1" style="width: 14.63%; vertical-align: bottom;">CDX.NA.IG.31</td>
            <td rowspan="1" style="width: 85.37%; vertical-align: bottom;">Credit Default Swap North American Investment Grade Series 31 Index</td>
          </tr>
          <tr>
            <td style="width: 14.63%; vertical-align: bottom;">
              <div>CME</div>
            </td>
            <td style="width: 85.37%; vertical-align: bottom;">
              <div>Chicago Mercantile Exchange</div>
            </td>
          </tr>
          <tr>
            <td style="width: 14.63%; vertical-align: bottom;">
              <div>EUR</div>
            </td>
            <td style="width: 85.37%; vertical-align: bottom;">
              <div>Euro</div>
            </td>
          </tr>
          <tr>
            <td style="width: 14.63%; vertical-align: bottom;">
              <div>EURIBOR</div>
            </td>
            <td style="width: 85.37%; vertical-align: bottom;">
              <div>European Interbank Offered Rate</div>
            </td>
          </tr>
          <tr>
            <td style="width: 14.63%; vertical-align: bottom;">
              <div>GBP</div>
            </td>
            <td style="width: 85.37%; vertical-align: bottom;">
              <div>British Pound</div>
            </td>
          </tr>
          <tr>
            <td style="width: 14.63%; vertical-align: bottom;">
              <div>ICE</div>
            </td>
            <td style="width: 85.37%; vertical-align: bottom;">
              <div>Intercontinental Exchange</div>
            </td>
          </tr>
          <tr>
            <td style="width: 14.63%; vertical-align: bottom;">
              <div>ILS</div>
            </td>
            <td style="width: 85.37%; vertical-align: bottom;">
              <div>Israeli New Shekel</div>
            </td>
          </tr>
          <tr>
            <td style="width: 14.63%; vertical-align: bottom;">
              <div>JPY</div>
            </td>
            <td style="width: 85.37%; vertical-align: bottom;">
              <div>Japanese Yen</div>
            </td>
          </tr>
          <tr>
            <td style="width: 14.63%; vertical-align: bottom;">
              <div>KRW</div>
            </td>
            <td style="width: 85.37%; vertical-align: bottom;">
              <div>Korean Won</div>
            </td>
          </tr>
          <tr>
            <td style="width: 14.63%; vertical-align: bottom;">
              <div>LIBOR</div>
            </td>
            <td style="width: 85.37%; vertical-align: bottom;">
              <div>London Interbank Offered Rate</div>
            </td>
          </tr>
          <tr>
            <td style="width: 14.63%; vertical-align: bottom;">
              <div>plc</div>
            </td>
            <td style="width: 85.37%; vertical-align: bottom;">
              <div>Public Limited Company</div>
            </td>
          </tr>
          <tr>
            <td style="width: 14.63%; vertical-align: bottom;">
              <div>WAC</div>
            </td>
            <td style="width: 85.37%; vertical-align: bottom;">
              <div>Weighted Average Coupon</div>
            </td>
          </tr>
          <tr>
            <td style="width: 14.63%; vertical-align: bottom;">&#160;</td>
            <td style="width: 85.37%; vertical-align: bottom;">&#160;</td>
          </tr>
          <tr>
            <td colspan="2" style="width: 100%; vertical-align: bottom;">
              <div>See Sector Classification in Other Information section.</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" style="width: 100%; vertical-align: bottom;">
              <div style="font-family: 'Franklin Gothic Book', 'Franklin Gothic Medium', sans-serif; font-size: 1pt;">&#160;</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <div><br>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; text-align: left; color: #000000;" id="zdf2541bf8be5479dbdf28cf0c39df19a" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 100%; vertical-align: bottom;">
              <div>The following table summarizes the inputs used to value the Fund&#8217;s investments at August 31, 2019 (See Note 3 in the Notes to Schedule of Investments):</div>
            </td>
          </tr>
          <tr>
            <td style="width: 100%; vertical-align: bottom;">&#160;</td>
          </tr>

      </table>
      <div> <br>
      </div>
      <div>
        <table id="z77fec29f708a4c2aa03d3c9dbb8bd5f9" style="font-family: Arial; font-size: 10pt; text-align: left; color: #000000; width: 100%;" cellpadding="0" cellspacing="0">

            <tr>
              <td colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
                <div style="font-weight: bold;">Investments in Securities (Assets)</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); text-align: right;">&#160;</td>
              <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); text-align: right;">
                <div style="font-weight: bold;">Level 1</div>
                <div style="font-weight: bold;"> Quoted Prices</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); text-align: right;" nowrap="nowrap">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); text-align: right;">&#160;</td>
              <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); text-align: right;">
                <div style="font-weight: bold;">Level 2 </div>
                <div style="font-weight: bold;">Significant </div>
                <div style="font-weight: bold;">Observable Inputs</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); text-align: right;" nowrap="nowrap">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); text-align: right;">&#160;</td>
              <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); text-align: right;">
                <div style="font-weight: bold;">Level 3 </div>
                <div style="font-weight: bold;">Significant </div>
                <div style="font-weight: bold;">Unobservable Inputs</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); text-align: right;" nowrap="nowrap">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); text-align: right;">&#160;</td>
              <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); text-align: right;">
                <div style="font-weight: bold;">Total</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); text-align: right;" nowrap="nowrap">&#160;</td>
            </tr>
            <tr>
              <td style="vertical-align: top; width: 52%; background-color: #CCEEFF;" valign="bottom">
                <div>Common Stocks</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
                <div>$</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom">
                <div>327,482</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
                <div>$</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom">
                <div>1,246,213</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
                <div>$</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom">
                <div>718,879</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
                <div>$</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom">
                <div>2,292,574</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
            </tr>
            <tr>
              <td colspan="1" style="vertical-align: top; width: 52%; background-color: #FFFFFF;" valign="bottom">
                <div>Preferred Stocks</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">
                <div>&#8212;</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">
                <div>2,177,207</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">
                <div>559,157</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">
                <div>2,736,364</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
            </tr>
            <tr>
              <td style="vertical-align: top; width: 52%; background-color: #CCEEFF;" valign="bottom">
                <div>Warrants</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom">
                <div>&#8212;</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom">
                <div>&#8212;</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom">
                <div>131</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom">
                <div>131</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
            </tr>
            <tr>
              <td colspan="1" style="vertical-align: top; width: 52%; background-color: #FFFFFF;" valign="bottom">
                <div>Closed-End Funds</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">
                <div>12,843,681</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">
                <div>&#8212;</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">
                <div>&#8212;</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">
                <div>12,843,681</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
            </tr>
            <tr>
              <td colspan="1" style="vertical-align: top; width: 52%; background-color: #CCEEFF;" valign="bottom">
                <div>Money Market Fund</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom">
                <div>5,879,394</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom">
                <div>&#8212;</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom">
                <div>&#8212;</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom">
                <div>5,879,394</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
            </tr>
            <tr>
              <td colspan="1" style="vertical-align: top; width: 52%; background-color: #FFFFFF;" valign="bottom">
                <div>Senior Floating Rate Interests</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">
                <div>&#8212;</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">
                <div>237,555,282</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">
                <div>19,472,513</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">
                <div>257,027,795</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
            </tr>
            <tr>
              <td colspan="1" style="vertical-align: top; width: 52%; background-color: #CCEEFF;" valign="bottom">
                <div>Asset-Backed Securities</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom">
                <div>&#8212;</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom">
                <div>113,249,000</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom">
                <div>4,582,259</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom">
                <div>117,831,259</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
            </tr>
            <tr>
              <td colspan="1" style="vertical-align: top; width: 52%; background-color: #FFFFFF;" valign="bottom">
                <div>Corporate Bonds</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">
                <div>&#8212;</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">
                <div>96,786,355</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">
                <div>6,992,795</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">
                <div>103,779,150</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
            </tr>
            <tr>
              <td colspan="1" style="vertical-align: top; width: 52%; background-color: #CCEEFF;" valign="bottom">
                <div>Foreign Government Debt</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom">
                <div>&#8212;</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom">
                <div>72,904,091</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom">
                <div>&#8212;</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom">
                <div>72,904,091</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
            </tr>
            <tr>
              <td colspan="1" style="vertical-align: top; width: 52%; background-color: #FFFFFF;" valign="bottom">
                <div>Collateralized Mortgage Obligations</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">
                <div>&#8212;</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">
                <div>65,151,282</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">
                <div>4,356,047</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">
                <div>69,507,329</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
            </tr>
            <tr>
              <td colspan="1" style="vertical-align: top; width: 52%; background-color: #CCEEFF;" valign="bottom">
                <div>Senior Fixed Rate Interests</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom">
                <div>&#8212;</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom">
                <div>&#8212;</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom">
                <div>860,826</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom">
                <div>860,826</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
            </tr>
            <tr>
              <td colspan="1" style="vertical-align: top; width: 52%; background-color: #FFFFFF;" valign="bottom">
                <div>Municipal Bonds</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">
                <div>&#8212;</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">
                <div>471,524</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">
                <div>&#8212;</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">
                <div>471,524</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
            </tr>
            <tr>
              <td colspan="1" style="vertical-align: top; width: 52%; background-color: #CCEEFF;" valign="bottom">
                <div>U.S. Treasury Bills</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom">
                <div>&#8212;</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom">
                <div>399,960</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom">
                <div>&#8212;</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom">
                <div>399,960</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
            </tr>
            <tr>
              <td colspan="1" style="vertical-align: top; width: 52%; background-color: #FFFFFF;" valign="bottom">
                <div>Repurchase Agreements</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">
                <div>&#8212;</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">
                <div>25,553,578</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">
                <div>&#8212;</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">
                <div>25,553,578</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
            </tr>
            <tr>
              <td colspan="1" style="vertical-align: top; width: 52%; background-color: #CCEEFF;" valign="bottom">
                <div>Options Purchased</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom">
                <div>&#8212;</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom">
                <div>1,202,565</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom">
                <div>&#8212;</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom">
                <div>1,202,565</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
            </tr>
            <tr>
              <td colspan="1" style="vertical-align: top; width: 52%; background-color: #FFFFFF;" valign="bottom">
                <div>Equity Futures Contracts*</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">
                <div>7,975</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">
                <div>&#8212;</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">
                <div>&#8212;</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">
                <div>7,975</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
            </tr>
            <tr>
              <td colspan="1" style="vertical-align: top; width: 52%; background-color: #CCEEFF;" valign="bottom">
                <div>Credit Default Swap Agreements*</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom">
                <div>&#8212;</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom">
                <div>7</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom">
                <div>&#8212;</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom">
                <div>7</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
            </tr>
            <tr>
              <td colspan="1" style="vertical-align: top; width: 52%; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
                <div>Forward Foreign Currency Exchange Contracts*</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
                <div>&#8212;</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
                <div>1,479,579</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
                <div>&#8212;</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
                <div>1,479,579</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap" valign="bottom">&#160;</td>
            </tr>
            <tr>
              <td style="vertical-align: top; width: 52%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" valign="bottom">
                <div>Total Assets</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" valign="bottom">
                <div>$</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" valign="bottom">
                <div>19,058,532</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" valign="bottom">
                <div>$</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" valign="bottom">
                <div>618,176,643</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" valign="bottom">
                <div>$</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" valign="bottom">
                <div>37,542,607</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" valign="bottom">
                <div>$</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" valign="bottom">
                <div>674,777,782</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
            </tr>
            <tr>
              <td style="vertical-align: top; width: 52%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
            </tr>
            <tr>
              <td colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
                <div style="font-weight: bold;">Investments in Securities (Liabilities)</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); text-align: right;">&#160;</td>
              <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); text-align: right;">
                <div style="font-weight: bold;">Level 1 </div>
                <div style="font-weight: bold;">Quoted Prices</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); text-align: right;" nowrap="nowrap">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); text-align: right;">&#160;</td>
              <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); text-align: right;">
                <div style="font-weight: bold;">Level 2 </div>
                <div style="font-weight: bold;">Significant </div>
                <div style="font-weight: bold;">Observable Inputs</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); text-align: right;" nowrap="nowrap">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); text-align: right;">&#160;</td>
              <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); text-align: right;">
                <div style="font-weight: bold;">Level 3 </div>
                <div style="font-weight: bold;">Significant </div>
                <div style="font-weight: bold;">Unobservable Inputs</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); text-align: right;" nowrap="nowrap">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); text-align: right;">&#160;</td>
              <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); text-align: right;">
                <div style="font-weight: bold;">Total</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); text-align: right;" nowrap="nowrap">&#160;</td>
            </tr>
            <tr>
              <td style="vertical-align: top; width: 52%; background-color: rgb(204, 238, 255);" valign="bottom">
                <div>Corporate Bonds Sold Short</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);" valign="bottom">
                <div>$</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255);" valign="bottom">
                <div>&#8212;</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);" valign="bottom">
                <div>$</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255);" valign="bottom">
                <div>2,639,215</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);" valign="bottom">
                <div>$</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255);" valign="bottom">
                <div>&#8212;</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);" valign="bottom">
                <div>$</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255);" valign="bottom">
                <div>2,639,215</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);" nowrap="nowrap" valign="bottom">&#160;</td>
            </tr>
            <tr>
              <td colspan="1" style="vertical-align: top; width: 52%; background-color: rgb(255, 255, 255);" valign="bottom">
                <div>Options Written</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255);" valign="bottom">
                <div>24,360</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255);" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255);" valign="bottom">
                <div>&#8212;</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255);" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255);" valign="bottom">
                <div>&#8212;</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255);" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255);" valign="bottom">
                <div>24,360</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255);" nowrap="nowrap" valign="bottom">&#160;</td>
            </tr>
            <tr>
              <td colspan="1" style="vertical-align: top; width: 52%; background-color: rgb(204, 238, 255);" valign="bottom">
                <div>Credit Default Swap Agreements*</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255);" valign="bottom">
                <div>&#8212;</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255);" valign="bottom">
                <div>1,487,534</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255);" valign="bottom">
                <div>&#8212;</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255);" valign="bottom">
                <div>1,487,534</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);" nowrap="nowrap" valign="bottom">&#160;</td>
            </tr>
            <tr>
              <td colspan="1" style="vertical-align: top; width: 52%; background-color: rgb(255, 255, 255);" valign="bottom">
                <div>Forward Foreign Currency Exchange Contracts*</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255);" valign="bottom">
                <div>&#8212;</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255);" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255);" valign="bottom">
                <div>581,036</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255);" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255);" valign="bottom">
                <div>&#8212;</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255);" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255);" valign="bottom">
                <div>581,036</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255);" nowrap="nowrap" valign="bottom">&#160;</td>
            </tr>
            <tr>
              <td colspan="1" style="vertical-align: top; width: 52%; background-color: rgb(204, 238, 255);" valign="bottom">
                <div>Interest Rate Swap Agreements*</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255);" valign="bottom">
                <div>&#8212;</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255);" valign="bottom">
                <div>391</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255);" valign="bottom">
                <div>&#8212;</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255);" valign="bottom">
                <div>391</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);" nowrap="nowrap" valign="bottom">&#160;</td>
            </tr>
            <tr>
              <td rowspan="1" colspan="1" style="vertical-align: top; width: 52%; background-color: rgb(255, 255, 255);" valign="bottom">
                <div>Total Return Swap Agreements*</div>
              </td>
              <td rowspan="1" colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255);" valign="bottom">&#160;</td>
              <td rowspan="1" colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255);" valign="bottom">&#160;</td>
              <td rowspan="1" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255);" valign="bottom">
                <div>&#8212;</div>
              </td>
              <td rowspan="1" colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255);" nowrap="nowrap" valign="bottom">&#160;</td>
              <td rowspan="1" colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255);" valign="bottom">&#160;</td>
              <td rowspan="1" colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255);" valign="bottom">&#160;</td>
              <td rowspan="1" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255);" valign="bottom">3,624 <br>
              </td>
              <td rowspan="1" colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255);" nowrap="nowrap" valign="bottom">&#160;</td>
              <td rowspan="1" colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255);" valign="bottom">&#160;</td>
              <td rowspan="1" colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255);" valign="bottom">&#160;</td>
              <td rowspan="1" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255);" valign="bottom">
                <div>&#8212;</div>
              </td>
              <td rowspan="1" colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255);" nowrap="nowrap" valign="bottom">&#160;</td>
              <td rowspan="1" colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255);" valign="bottom">&#160;</td>
              <td rowspan="1" colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255);" valign="bottom">&#160;</td>
              <td rowspan="1" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255);" valign="bottom">3,624 <br>
              </td>
              <td rowspan="1" colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255);" nowrap="nowrap" valign="bottom">&#160;</td>
            </tr>
            <tr>
              <td colspan="1" style="vertical-align: top; width: 52%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
                <div>Unfunded Loan Commitments (Note 5)</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
                <div>&#8212;</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
                <div>&#8212;</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
                <div>654,716</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
                <div>654,716</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap" valign="bottom">&#160;</td>
            </tr>
            <tr>
              <td style="vertical-align: top; width: 52%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);" valign="bottom">
                <div>Total Liabilities</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);" valign="bottom">
                <div>$</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);" valign="bottom">
                <div>24,360</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);" valign="bottom">
                <div>$</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);" valign="bottom">
                <div>4,711,800</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);" valign="bottom">
                <div>$</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);" valign="bottom">
                <div>654,716</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);" valign="bottom">
                <div>$</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);" valign="bottom">
                <div>5,390,876</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);" nowrap="nowrap" valign="bottom">&#160;</td>
            </tr>

        </table>
      </div>
      <div> <br>
      </div>
      <div>
        <table style="font-family: Arial; font-size: 10pt; width: 100%; text-align: left; color: #000000;" id="z0d151e8745c74ab69f86847dd6ee86c0" cellpadding="0" cellspacing="0">

            <tr>
              <td style="width: 100%; vertical-align: bottom;">
                <div>* This derivative is reported as unrealized appreciation/depreciation at period end.</div>
              </td>
            </tr>

        </table>
      </div>
      <div style="font-size: 18pt; font-weight: bold;">
        <div style="font-size: 10pt; font-weight: normal;"> <br>
        </div>
        <div style="font-size: 10pt; font-weight: normal;">Please refer to the detailed Schedule of Investments for a breakdown of investment type by industry category.</div>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after: always;">
          <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
      </div>
      <div style="font-size: 18pt; font-weight: bold;">
        <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" cellpadding="0" cellspacing="0">

            <tr>
              <td style="width: 80.41%; vertical-align: middle;">
                <div>Guggenheim Strategic Opportunities Fund</div>
              </td>
              <td style="width: 19.59%; vertical-align: middle;">&#160;</td>
            </tr>
            <tr>
              <td style="width: 80.41%; vertical-align: middle;">
                <div style="font-size: 18pt; font-weight: bold;">SCHEDULE OF INVESTMENTS&#160;<font style="font-style: italic;">(Unaudited)&#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; </font></div>
              </td>
              <td style="width: 19.59%; vertical-align: middle;">
                <div style="text-align: right;">August 31, 2019</div>
              </td>
            </tr>
            <tr>
              <td style="width: 80.41%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
              <td style="width: 19.59%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
            </tr>

        </table>
      </div>
      <div style="font-size: 18pt; font-weight: bold;"> <br>
      </div>
      <div style="font-size: 18pt; font-weight: bold;">
        <div style="font-size: 10pt; font-weight: normal;">The following is a summary of significant unobservable inputs used in the fair valuation of assets and liabilities categorized within Level 3 of the fair value hierarchy:</div>
      </div>
      <div><br>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z2c9065cae4204e0782fb98f9f7be66aa" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 23.59%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="font-weight: bold;">Category</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); text-align: right;">&#160;</td>
            <td style="width: 16.1%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); text-align: right;">
              <div style="font-weight: bold;">Ending Balance at </div>
              <div style="font-weight: bold;">August 31, 2019</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); text-align: right;">&#160;</td>
            <td style="width: 16.83%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="font-weight: bold; margin-left: 10pt;">Valuation Technique</div>
            </td>
            <td style="width: 19.64%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="font-weight: bold; margin-left: 10pt;">Unobservable Inputs</div>
            </td>
            <td style="width: 12.66%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); text-align: center;">
              <div style="font-weight: bold;">Input Range</div>
            </td>
            <td style="width: 11.18%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); text-align: right;">
              <div style="font-weight: bold; text-align: center;">Weighted </div>
              <div style="font-weight: bold; text-align: center;">Average*</div>
            </td>
          </tr>
          <tr>
            <td style="width: 23.59%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="font-weight: bold;">Assets:</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 16.1%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td colspan="1" style="width: 1%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 16.83%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="margin-left: 10pt">&#160;</div>
            </td>
            <td style="width: 19.64%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="margin-left: 10pt">&#160;</div>
            </td>
            <td style="width: 12.66%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 11.18%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 23.59%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Asset-Backed Securities</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: top; background-color: rgb(255, 255, 255);"><br>
            </td>
            <td style="width: 16.1%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160; $3,149,218</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 16.83%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="margin-left: 10pt;">Yield Analysis</div>
            </td>
            <td style="width: 19.64%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="margin-left: 10pt;">Yield</div>
            </td>
            <td style="width: 12.66%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;">3.4%-13.0%</div>
            </td>
            <td style="width: 11.18%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;">6.5%</div>
            </td>
          </tr>
          <tr>
            <td style="width: 23.59%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Asset-Backed Securities</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 16.1%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;1,433,041</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 16.83%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="margin-left: 10pt;">
                <div>Option Adjusted Spread off prior month broker quote</div>
              </div>
            </td>
            <td style="width: 19.64%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="margin-left: 10pt;">Indicative Quote</div>
            </td>
            <td style="width: 12.66%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">&#8212;</div>
            </td>
            <td style="width: 11.18%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">&#8212;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 23.59%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Collateralized Mortgage Obligations</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 16.1%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;4,356,047</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 16.83%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="margin-left: 10pt;">
                <div>Option Adjusted Spread off prior month broker quote</div>
              </div>
            </td>
            <td style="width: 19.64%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="margin-left: 10pt;">Indicative Quote</div>
            </td>
            <td style="width: 12.66%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;">&#8212;</div>
            </td>
            <td style="width: 11.18%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;">&#8212;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 23.59%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Common Stocks</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 16.1%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;718,879</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 16.83%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="margin-left: 10pt;">Enterprise Value</div>
            </td>
            <td style="width: 19.64%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="margin-left: 10pt;">Valuation Multiple</div>
            </td>
            <td style="width: 12.66%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">1.8x-15.8x</div>
            </td>
            <td style="width: 11.18%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">7.8x</div>
            </td>
          </tr>
          <tr>
            <td style="width: 23.59%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Corporate Bonds</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 16.1%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;6,992,795</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 16.83%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="margin-left: 10pt;">
                <div>Option Adjusted Spread off prior month broker quote</div>
              </div>
            </td>
            <td style="width: 19.64%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="margin-left: 10pt;">Indicative Quote</div>
            </td>
            <td style="width: 12.66%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;">&#8212;</div>
            </td>
            <td style="width: 11.18%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;">&#8212;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 23.59%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Preferred Stocks</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 16.1%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;559,157</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 16.83%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="margin-left: 10pt;">Enterprise Value</div>
            </td>
            <td style="width: 19.64%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="margin-left: 10pt;">Valuation Multiple</div>
            </td>
            <td style="width: 12.66%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">15.8x</div>
            </td>
            <td style="width: 11.18%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">&#8212;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 23.59%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Senior Fixed Rate Interests</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 16.1%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;860,826</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 16.83%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="margin-left: 10pt;">Model Price</div>
            </td>
            <td style="width: 19.64%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="margin-left: 10pt;">Market Comparable Yields</div>
            </td>
            <td style="width: 12.66%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;">8.2%</div>
            </td>
            <td style="width: 11.18%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;">&#8212;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 23.59%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Senior Floating Rate Interests</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 16.1%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;9,884,204</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 16.83%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="margin-left: 10pt;">Yield Analysis</div>
            </td>
            <td style="width: 19.64%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="margin-left: 10pt;">Yield</div>
            </td>
            <td style="width: 12.66%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">2.9%-10.6%</div>
            </td>
            <td style="width: 11.18%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">7.9%</div>
            </td>
          </tr>
          <tr>
            <td style="width: 23.59%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Senior Floating Rate Interests</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 16.1%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;2,943,199</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 16.83%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="margin-left: 10pt;">Model Price</div>
            </td>
            <td style="width: 19.64%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="margin-left: 10pt;">Purchase Price</div>
            </td>
            <td style="width: 12.66%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;">&#8212;</div>
            </td>
            <td style="width: 11.18%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;">&#8212;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 23.59%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Senior Floating Rate Interests</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 16.1%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;2,868,735</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 16.83%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="margin-left: 10pt;">Model Price</div>
            </td>
            <td style="width: 19.64%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="margin-left: 10pt;">Liquidation Value</div>
            </td>
            <td style="width: 12.66%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">&#8212;</div>
            </td>
            <td style="width: 11.18%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">&#8212;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 23.59%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Senior Floating Rate Interests</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 16.1%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;2,738,096</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 16.83%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="margin-left: 10pt;">Model Price</div>
            </td>
            <td style="width: 19.64%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="margin-left: 10pt;">Market Comparable Yields</div>
            </td>
            <td style="width: 12.66%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;">6.0%-10.3%</div>
            </td>
            <td style="width: 11.18%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;">7.7%</div>
            </td>
          </tr>
          <tr>
            <td style="width: 23.59%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Senior Floating Rate Interests</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 16.1%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;1,038,279</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 16.83%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="margin-left: 10pt;">Enterprise Value</div>
            </td>
            <td style="width: 19.64%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="margin-left: 10pt;">Valuation Multiple</div>
            </td>
            <td style="width: 12.66%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">10.6x</div>
            </td>
            <td style="width: 11.18%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">&#8212;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 23.59%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div>Warrants</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 16.1%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;131</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 16.83%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="margin-left: 10pt;">Enterprise Value</div>
            </td>
            <td style="width: 19.64%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="margin-left: 10pt;">Valuation Multiple</div>
            </td>
            <td style="width: 12.66%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;">15.8x</div>
            </td>
            <td style="width: 11.18%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;">&#8212;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 23.59%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div>Total</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);"><br>
            </td>
            <td style="width: 16.1%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">$37,542,607</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 16.83%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="margin-left: 10pt">&#160;</div>
            </td>
            <td style="width: 19.64%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="margin-left: 10pt">&#160;</div>
            </td>
            <td style="width: 12.66%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 11.18%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 23.59%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td colspan="1" style="width: 1%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 16.1%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td colspan="1" style="width: 1%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 16.83%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="margin-left: 10pt">&#160;</div>
            </td>
            <td style="width: 19.64%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="margin-left: 10pt">&#160;</div>
            </td>
            <td style="width: 12.66%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 11.18%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 23.59%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="font-weight: bold;">Liabilities:</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 16.1%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td colspan="1" style="width: 1%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 16.83%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="margin-left: 10pt">&#160;</div>
            </td>
            <td style="width: 19.64%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="margin-left: 10pt">&#160;</div>
            </td>
            <td style="width: 12.66%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 11.18%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 23.59%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div>Unfunded Loan Commitments</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 16.1%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; $654,716</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 16.83%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="margin-left: 10pt;">Model Price</div>
            </td>
            <td style="width: 19.64%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
              <div style="margin-left: 10pt;">Purchase Price</div>
            </td>
            <td style="width: 12.66%; vertical-align: top; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: center;">&#8212;</div>
            </td>
            <td style="width: 11.18%; vertical-align: top; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: center;">&#8212;</div>
            </td>
          </tr>
          <tr>
            <td rowspan="1" colspan="6" style="vertical-align: top;">
              <div>* Inputs are weighted by the fair value of the instruments.</div>
              <div> <br>
              </div>
            </td>
          </tr>

      </table>
      <div>Significant changes in an indicative quote, yield, market comparable yields, liquidation value, purchase price or valuation multiples would generally result in significant changes in the fair value of the security.</div>
      <div><br>
      </div>
      <div>Transfers between Level 2 and Level 3 may occur as markets fluctuate and/or the availability of data used in an investment&#8217;s valuation changes. For the period ended August 31, 2019, the Fund had liabilities with a total value of $126,561
        transfer into Level 3 from Level 2 due to lack of observable inputs and had securities with a total market value of $5,257,186 transfer out of Level 3 to Level 2 due to the availability of current and reliable market-based data provided by a
        third-party pricing service which utilizes significant observable inputs.</div>
      <div><br>
      </div>
      <div style="font-weight: bold;">Summary of Fair Value Level 3 Activity</div>
      <div>Following is a reconciliation of Level 3 assets for which significant unobservable inpurts were used to determine fair value for the period ended August 31, 2019:</div>
      <div> <br>
      </div>
      <div>
        <table id="zc71c7de24cea4fcdae548c3a337ffa8e" style="font-family: Arial; font-size: 10pt; text-align: left; color: #000000; width: 100%;" cellpadding="0" cellspacing="0">

            <tr>
              <td style="vertical-align: top; padding-bottom: 2px;" valign="bottom">&#160;</td>
              <td colspan="1" rowspan="1" style="vertical-align: bottom; padding-bottom: 2px;" valign="bottom">&#160;</td>
              <td colspan="30" rowspan="1" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
                <div style="text-align: center; font-weight: bold;">Assets</div>
              </td>
              <td colspan="1" rowspan="1" style="vertical-align: bottom; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px;" valign="bottom">&#160;</td>
              <td colspan="2" style="vertical-align: top; padding-bottom: 2px;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px;" valign="bottom">&#160;</td>
              <td colspan="2" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
                <div style="text-align: center; font-weight: bold;">Liabilities</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap" valign="bottom">&#160;</td>
            </tr>
            <tr>
              <td style="vertical-align: top; border-bottom: #000000 solid 2px;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; border-bottom: #000000 solid 2px;" valign="bottom">&#160;</td>
              <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); text-align: right;">
                <div style="font-weight: bold;">Asset-Backed Securities</div>
              </td>
              <td colspan="1" style="text-align: right; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); text-align: right;">&#160;</td>
              <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); text-align: right;">
                <div style="font-weight: bold;">Collateralized Mortgage Obligations</div>
              </td>
              <td colspan="1" style="text-align: right; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); text-align: right;">&#160;</td>
              <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); text-align: right;">
                <div style="font-weight: bold;">Corporate Bonds</div>
              </td>
              <td colspan="1" style="text-align: right; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); text-align: right;">&#160;</td>
              <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); text-align: right;">
                <div style="font-weight: bold;">Senior Floating Rate Interests</div>
              </td>
              <td colspan="1" style="text-align: right; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); text-align: right;">&#160;</td>
              <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); text-align: right;">
                <div style="font-weight: bold;">Warrants</div>
              </td>
              <td colspan="1" style="text-align: right; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); text-align: right;">&#160;</td>
              <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); text-align: right;">
                <div style="font-weight: bold;">Common Stocks</div>
              </td>
              <td colspan="1" style="text-align: right; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); text-align: right;">&#160;</td>
              <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); text-align: right;">
                <div style="font-weight: bold;">Preferred Stocks</div>
              </td>
              <td colspan="1" style="text-align: right; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); text-align: right;">&#160;</td>
              <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); text-align: right;">
                <div style="font-weight: bold;">Senior Fixed Rate Interests</div>
              </td>
              <td colspan="1" style="text-align: right; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); text-align: right;">&#160;</td>
              <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); text-align: right;">
                <div style="font-weight: bold;">Total Assets</div>
              </td>
              <td colspan="1" style="text-align: right; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); text-align: right;">&#160;</td>
              <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); text-align: right;">
                <div style="font-weight: bold;">Unfunded Loan Commitments</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; border-bottom: #000000 solid 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
            </tr>
            <tr>
              <td style="vertical-align: top; width: 20%; background-color: #CCEEFF;" valign="bottom">
                <div>Beginning Balance</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
                <div>$</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #CCEEFF;" valign="bottom">
                <div>9,756,075</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
                <div>$</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #CCEEFF;" valign="bottom">
                <div>3,932,893</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
                <div>$</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #CCEEFF;" valign="bottom">
                <div>4,421,050</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
                <div>$</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #CCEEFF;" valign="bottom">
                <div>20,824,542</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
                <div>$</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #CCEEFF;" valign="bottom">
                <div>131</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
                <div>$</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #CCEEFF;" valign="bottom">
                <div>717,392</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
                <div>$</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #CCEEFF;" valign="bottom">
                <div>559,157</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
                <div>$</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #CCEEFF;" valign="bottom">
                <div>835,218</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
                <div>$</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #CCEEFF;" valign="bottom">
                <div>41,046,458</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">
                <div>$</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #CCEEFF;" valign="bottom">
                <div>(633,706</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
                <div>)</div>
              </td>
            </tr>
            <tr>
              <td style="vertical-align: top; width: 20%; background-color: #FFFFFF;" valign="bottom">
                <div>Purchases/(Receipts)</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #FFFFFF;" valign="bottom">
                <div>237,500</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #FFFFFF;" valign="bottom">
                <div>-</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #FFFFFF;" valign="bottom">
                <div>2,597,389</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #FFFFFF;" valign="bottom">
                <div>1,781,963</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #FFFFFF;" valign="bottom">
                <div>-</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #FFFFFF;" valign="bottom">
                <div>-</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #FFFFFF;" valign="bottom">
                <div>-</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #FFFFFF;" valign="bottom">
                <div>-</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #FFFFFF;" valign="bottom">
                <div>4,616,852</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #FFFFFF;" valign="bottom">
                <div>(92,385</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
                <div>)</div>
              </td>
            </tr>
            <tr>
              <td style="vertical-align: top; width: 20%; background-color: #CCEEFF;" valign="bottom">
                <div>(Sales, maturities and paydowns)/Fundings</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #CCEEFF;" valign="bottom">
                <div>(137,609</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
                <div>)</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #CCEEFF;" valign="bottom">
                <div>-</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #CCEEFF;" valign="bottom">
                <div>(56,781</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
                <div>)</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #CCEEFF;" valign="bottom">
                <div>(3,191,430</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
                <div>)</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #CCEEFF;" valign="bottom">
                <div>-</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #CCEEFF;" valign="bottom">
                <div>(5,951</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
                <div>)</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #CCEEFF;" valign="bottom">
                <div>-</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #CCEEFF;" valign="bottom">
                <div>-</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #CCEEFF;" valign="bottom">
                <div>(3,391,771</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
                <div>)</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #CCEEFF;" valign="bottom">
                <div>154,735</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
            </tr>
            <tr>
              <td style="vertical-align: top; width: 20%; background-color: #FFFFFF;" valign="bottom">
                <div>Amortization of premiums/discount</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #FFFFFF;" valign="bottom">
                <div>79,923</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #FFFFFF;" valign="bottom">
                <div>(1,856</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
                <div>)</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #FFFFFF;" valign="bottom">
                <div>8,359</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #FFFFFF;" valign="bottom">
                <div>11,659</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #FFFFFF;" valign="bottom">
                <div>-</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #FFFFFF;" valign="bottom">
                <div>-</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #FFFFFF;" valign="bottom">
                <div>-</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #FFFFFF;" valign="bottom">
                <div>1,407</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #FFFFFF;" valign="bottom">
                <div>99,492</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #FFFFFF;" valign="bottom">
                <div>-</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
            </tr>
            <tr>
              <td style="vertical-align: top; width: 20%; background-color: #CCEEFF;" valign="bottom">
                <div>Total realized gains (losses) included in earnings</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #CCEEFF;" valign="bottom">
                <div>-</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #CCEEFF;" valign="bottom">
                <div>-</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #CCEEFF;" valign="bottom">
                <div>-</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #CCEEFF;" valign="bottom">
                <div>(508,410</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
                <div>)</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #CCEEFF;" valign="bottom">
                <div>-</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #CCEEFF;" valign="bottom">
                <div>-</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #CCEEFF;" valign="bottom">
                <div>-</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #CCEEFF;" valign="bottom">
                <div>-</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #CCEEFF;" valign="bottom">
                <div>(508,410</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
                <div>)</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #CCEEFF;" valign="bottom">
                <div>97,861</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
            </tr>
            <tr>
              <td style="vertical-align: top; width: 20%; background-color: #FFFFFF;" valign="bottom">
                <div>Total change in unrealized appreciation (depreciation) included in earnings</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #FFFFFF;" valign="bottom">
                <div>(96,444</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
                <div>)</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #FFFFFF;" valign="bottom">
                <div>425,010</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #FFFFFF;" valign="bottom">
                <div>22,778</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #FFFFFF;" valign="bottom">
                <div>554,189</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #FFFFFF;" valign="bottom">
                <div>-</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #FFFFFF;" valign="bottom">
                <div>7,438</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #FFFFFF;" valign="bottom">
                <div>-</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #FFFFFF;" valign="bottom">
                <div>24,201</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #FFFFFF;" valign="bottom">
                <div>937,172</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #FFFFFF;" valign="bottom">
                <div>(54,660</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
                <div>)</div>
              </td>
            </tr>
            <tr>
              <td style="vertical-align: top; width: 20%; background-color: #CCEEFF;" valign="bottom">
                <div>Transfers into Level 3</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #CCEEFF;" valign="bottom">
                <div>-</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #CCEEFF;" valign="bottom">
                <div>-</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #CCEEFF;" valign="bottom">
                <div>-</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #CCEEFF;" valign="bottom">
                <div>-</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #CCEEFF;" valign="bottom">
                <div>-</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #CCEEFF;" valign="bottom">
                <div>-</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #CCEEFF;" valign="bottom">
                <div>-</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #CCEEFF;" valign="bottom">
                <div>-</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #CCEEFF;" valign="bottom">
                <div>-</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #CCEEFF;" valign="bottom">
                <div>(126,561</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
                <div>)</div>
              </td>
            </tr>
            <tr>
              <td style="vertical-align: top; width: 20%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" valign="bottom">
                <div>Transfers out of Level 3</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" valign="bottom">
                <div>(5,257,186</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
                <div>)</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" valign="bottom">
                <div>-</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" valign="bottom">
                <div>-</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" valign="bottom">
                <div>-</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" valign="bottom">
                <div>-</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" valign="bottom">
                <div>-</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" valign="bottom">
                <div>-</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" valign="bottom">
                <div>-</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" valign="bottom">
                <div>(5,257,186</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
                <div>)</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" valign="bottom">
                <div>-</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
            </tr>
            <tr>
              <td style="vertical-align: top; width: 20%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" valign="bottom">
                <div>&#160;Ending Balance</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" valign="bottom">
                <div>$</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" valign="bottom">
                <div>4,582,259</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" valign="bottom">
                <div>$</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" valign="bottom">
                <div>4,356,047</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" valign="bottom">
                <div>$</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" valign="bottom">
                <div>6,992,795</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" valign="bottom">
                <div>$</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" valign="bottom">
                <div>19,472,513</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" valign="bottom">
                <div>$</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" valign="bottom">
                <div>131</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" valign="bottom">
                <div>$</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" valign="bottom">
                <div>718,879</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" valign="bottom">
                <div>$</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" valign="bottom">
                <div>559,157</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" valign="bottom">
                <div>$</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" valign="bottom">
                <div>860,826</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" valign="bottom">
                <div>$</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" valign="bottom">
                <div>37,542,607</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" valign="bottom">
                <div>$</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" valign="bottom">
                <div>(654,716</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" nowrap="nowrap" valign="bottom">
                <div>)</div>
              </td>
            </tr>
            <tr>
              <td style="vertical-align: top; width: 20%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" valign="bottom">
                <div>Net change in unrealized appreciation (depreciation) for investments in Level 3 securities still held at August 31, 2019</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" valign="bottom">
                <div>$</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" valign="bottom">
                <div>(156,872</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">
                <div>)</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" valign="bottom">
                <div>$</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" valign="bottom">
                <div>425,010</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" valign="bottom">
                <div>$</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" valign="bottom">
                <div>22,778</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" valign="bottom">
                <div>$</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" valign="bottom">
                <div>67,218</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" valign="bottom">
                <div>$</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" valign="bottom">
                <div>-</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" valign="bottom">
                <div>$</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" valign="bottom">
                <div>7,438</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" valign="bottom">
                <div>$</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" valign="bottom">
                <div>-</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" valign="bottom">
                <div>$</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" valign="bottom">
                <div>24,201</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" valign="bottom">
                <div>$</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" valign="bottom">
                <div>389,773</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" valign="bottom">
                <div>$</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 5%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" valign="bottom">
                <div>234,616</div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #FFFFFF;" nowrap="nowrap" valign="bottom">&#160;</td>
            </tr>

        </table>
      </div>
      <div><br>
      </div>
      <div style="font-weight: bold;">Step Coupon Bonds</div>
      <div>The following table discloses additional information related to step coupon bonds held by the Fund. Certain securities are subject to multiple rate changes prior to maturity. For those securities a range of rates and corresponding dates have
        been provided. Rates for all step coupon bonds held by the Fund are scheduled to increase, none are scheduled to decrease.</div>
      <div><br>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; text-align: left; color: #000000;" id="z6d8379bc4c2f4d6dbd31d62f1a6d84c1" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 45.74%; vertical-align: bottom; border-bottom: #000000 2px solid;">
              <div style="font-weight: bold;">Name</div>
            </td>
            <td style="width: 26.26%; vertical-align: bottom; border-bottom: #000000 2px solid;">
              <div style="text-align: right; font-weight: bold;">Coupon Rate at Next Reset Date</div>
            </td>
            <td style="width: 21.89%; vertical-align: bottom; border-bottom: #000000 2px solid;">
              <div style="text-align: right; font-weight: bold;">Next Rate Reset Date</div>
            </td>
            <td style="width: 6.11%; vertical-align: bottom; border-bottom: #000000 2px solid;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 45.74%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-indent: -18pt; margin-left: 18pt;">Willis Engine Securitization Trust II 2012-A, 5.50% due 09/15/37</div>
            </td>
            <td style="width: 26.26%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">8.50%</div>
            </td>
            <td style="width: 21.89%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">09/15/20</div>
            </td>
            <td style="width: 6.11%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>

      </table>
      <div><br>
      </div>
      <div style="font-weight: bold;">Repurchase Agreements</div>
      <div>In connection with transactions in repurchase agreements, it is the Fund&#8217;s policy that its custodian takes possession of the underlying collateral. For the following repurchase agreements, the collateral is in the possession of the Fund&#8217;s
        custodian and is evaluated to ensure that its market value exceeds, at a minimum, 102% of the original face amount of the repurchase agreements, with the exception of where securities are being sold short. The interest rate on repurchase agreements
        is market driven based on the underlying collateral obtained.</div>
      <div> <br>
      </div>
      <div>
        <table style="font-family: Arial; font-size: 10pt; width: 100%; text-align: left; color: #000000;" id="z4cccf87b4dba4e758e22784acb73cf3c" border="0" cellpadding="0" cellspacing="0">

            <tr>
              <td style="width: 28%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
                <div style="font-weight: bold;">Counterparty and Terms of Agreement</div>
              </td>
              <td style="width: 9.92%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); text-align: right;">
                <div style="font-weight: bold;">&#160;Face Value</div>
              </td>
              <td style="width: 10%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); text-align: right;">
                <div style="font-weight: bold;">&#160;Repurchase Price</div>
              </td>
              <td colspan="1" style="width: 2%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
              <td style="width: 30%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
                <div style="font-weight: bold;">Collateral</div>
              </td>
              <td style="width: 9.92%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); text-align: right;">
                <div style="font-weight: bold;">Par Value</div>
              </td>
              <td style="width: 10%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); text-align: right;">
                <div style="font-weight: bold;">Fair Value</div>
              </td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div>BNP Paribas</div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div>Countrywide Asset-Backed Certificates</div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div>&#160;&#160;&#160;&#160;2.47% - 2.59%</div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div>2.39%</div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div>&#160;&#160;&#160;&#160;09/16/19 - 11/01/19</div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">&#160;$11,474,541</div>
              </td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">&#160;$11,546,963</div>
              </td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div>03/25/36</div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">&#160;$38,095,000</div>
              </td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">&#160;$34,780,735</div>
              </td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div>&#160;&#160;&#160;&#160;2.10%</div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div>&#160;&#160;&#160;&#160;Open Maturity*</div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">4,638</div>
              </td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">4,638</div>
              </td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div>Bayview Financial Mortgage Pass-Through Trust</div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div>6.19%</div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div>11/28/36</div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">12,765,000</div>
              </td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">7,823,669</div>
              </td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div>Nationstar Home Equity Loan Trust</div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div>2.47%</div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div>04/25/37</div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">2,000,000</div>
              </td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">1,927,400</div>
              </td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div>Structured Asset Securities Corp. Mortgage Loan Trust</div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div>2.35%</div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div>06/25/37</div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">2,770,000</div>
              </td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">1,902,159</div>
              </td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div>Univision Communications, Inc.</div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div>5.13%</div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; padding-bottom: 2px; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; padding-bottom: 2px; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; padding-bottom: 2px; background-color: rgb(204, 238, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; padding-bottom: 2px; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; padding-bottom: 2px; background-color: rgb(204, 238, 255);">
                <div>02/15/25<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup></div>
              </td>
              <td style="width: 9.92%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">5,000</div>
              </td>
              <td style="width: 10%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">4,825</div>
              </td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">55,635,000</div>
              </td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">46,438,788</div>
              </td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div>Societe Generale</div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div>Freddie Mac STACR Trust</div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div>&#160;&#160;&#160;&#160;2.67% - 2.74% (3 Month USD LIBOR + 0.40%)</div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div>4.50%</div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div>&#160;&#160;&#160;&#160;03/03/20**</div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">6,551,418</div>
              </td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">6,551,418</div>
              </td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div>02/25/49</div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">2,719,377</div>
              </td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">2,744,123</div>
              </td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div>Fannie Mae Connecticut Avenue Securities</div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div>4.70%</div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div>12/25/30</div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">1,800,000</div>
              </td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">1,830,960</div>
              </td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div>Citigroup Commercial Mortgage Trust</div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div>5.00%</div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div>12/15/36</div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">1,800,000</div>
              </td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">1,801,080</div>
              </td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div>Barclays Commercial Mortgage Securities Trust</div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div>5.35%</div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; padding-bottom: 2px; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; padding-bottom: 2px; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; padding-bottom: 2px; background-color: rgb(255, 255, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; padding-bottom: 2px; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; padding-bottom: 2px; background-color: rgb(255, 255, 255);">
                <div>07/15/37</div>
              </td>
              <td style="width: 9.92%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">1,800,000</div>
              </td>
              <td style="width: 10%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">1,800,000</div>
              </td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">8,119,377</div>
              </td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">8,176,163</div>
              </td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div>Deutsche Bank</div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div>Venture CDO Ltd.</div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div>&#160;&#160;&#160;&#160;2.62%</div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div>7.64%</div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div>&#160;&#160;&#160;&#160;11/06/19</div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">5,000,000</div>
              </td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">5,033,468</div>
              </td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div>02/28/26</div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">7,000,000</div>
              </td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">6,956,600</div>
              </td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div>Citigroup Global Markets</div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div>Dollar Tree, Inc.</div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div>&#160;&#160;&#160;&#160;1.80% - 1.85%</div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div>4.00%</div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div>&#160;&#160;&#160;&#160;Open Maturity*</div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">1,518,000</div>
              </td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">1,518,000</div>
              </td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div>05/15/25<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup></div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">910,000</div>
              </td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">961,779</div>
              </td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div>Spirit AeroSystems, Inc.</div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div>4.60%</div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div>06/15/28<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup></div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">400,000</div>
              </td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">439,440</div>
              </td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div>Harley-Davidson, Inc.</div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div>3.50%</div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div>07/28/25<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup></div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">100,000</div>
              </td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">104,520</div>
              </td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div>Univision Communications, Inc.</div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div>5.13%</div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div>02/15/25<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup></div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">85,000</div>
              </td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">82,017</div>
              </td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div>Univision Communications, Inc.</div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div>5.13%</div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; padding-bottom: 2px; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; padding-bottom: 2px; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; padding-bottom: 2px; background-color: rgb(204, 238, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; padding-bottom: 2px; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; padding-bottom: 2px; background-color: rgb(204, 238, 255);">
                <div>05/15/23<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup></div>
              </td>
              <td style="width: 9.92%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">35,000</div>
              </td>
              <td style="width: 10%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">34,563</div>
              </td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">1,530,000</div>
              </td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">1,622,319</div>
              </td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div>Bank of America Merrill Lynch</div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div>Spirit AeroSystems, Inc.</div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div>&#160;&#160;&#160;&#160;1.85% - 1.90%</div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div>4.60%</div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div>&#160;&#160;&#160;&#160;Open Maturity*</div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">1,004,981</div>
              </td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">1,004,981</div>
              </td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div>06/15/28</div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">410,000</div>
              </td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">450,426</div>
              </td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div>Dollar Tree, Inc.</div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div>4.00%</div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div>05/15/25<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup></div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">290,000</div>
              </td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">306,501</div>
              </td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div>Flex, Ltd.</div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div>4.75%</div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div>06/15/25<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup></div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">170,000</div>
              </td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">182,376</div>
              </td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div>Univision Communications, Inc.</div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div>5.13%</div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div>02/15/25<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup></div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">60,000</div>
              </td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">57,894</div>
              </td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(255, 255, 255);">
                <div>Univision Communications, Inc.</div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div>5.13%</div>
              </td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; padding-bottom: 2px; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; padding-bottom: 2px; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; padding-bottom: 2px; background-color: rgb(255, 255, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; padding-bottom: 2px; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; padding-bottom: 2px; background-color: rgb(255, 255, 255);">
                <div>05/15/23<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup></div>
              </td>
              <td style="width: 9.92%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">15,000</div>
              </td>
              <td style="width: 10%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">14,813</div>
              </td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">945,000</div>
              </td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">1,012,010</div>
              </td>
            </tr>
            <tr>
              <td style="width: 28%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 30%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 9.92%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 10%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
            </tr>

        </table>
        <div><br>
        </div>
        <div>
          <div style="margin-bottom: 8pt; text-indent: -18pt; margin-left: 18pt;">*&#160;&#160;&#160;&#160; The rate is adjusted periodically by the counterparty, subject to approval by the Adviser, and is not based upon a set reference rate and spread. Rate indicated is the
            rate effective at August 31, 2019.</div>
          <div style="margin-bottom: 8pt; text-indent: -18pt; margin-left: 18pt;">** &#160;&#160; Variable rate security. Rate indicated is the rate effective at August 31, 2019. In some instances, the effective rate is limited by a minimum rate floor or a maximum
            rate cap established by the issuer. The settlement status of a position may also impact the effective rate indicated. In some cases, a position may be unsettled at period end and may not have a stated effective rate. In instances where multiple
            underlying reference rates and spread amounts are shown, the effective rate is based on a weighted average.</div>
          <div style="margin-bottom: 8pt; text-indent: -18pt; margin-left: 18pt;"> <sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup> &#160;&#160; Collateral is related to securities which are being sold short.<br>
          </div>
          <div style="margin-bottom: 8pt; text-indent: -18pt; margin-left: 18pt;">
            <div style="margin: 0px 0px 0px; text-indent: 0px;">In the event of counterparty default, the Fund has the right to collect the collateral to offset losses incurred. There is potential loss to the Fund in the event the Fund is delayed or
              prevented from exercising its right to dispose of the collateral securities, including the risk of a possible decline in the value of the underlying securities during the period while the Fund seeks to assert its rights. The Fund&#8217;s investment
              adviser, acting under the supervision of the Board of Trustees, reviews the value of the collateral and the creditworthiness of those banks and dealers with which the Fund enters into repurchase agreements to evaluate potential risks.</div>
          </div>
        </div>
        <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
          <div id="DSPFPageBreak" style="page-break-after: always;">
            <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
        </div>
        <div><br>
        </div>
        <div>
          <div style="font-size: 18pt; font-weight: bold;">
            <table style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" cellpadding="0" cellspacing="0">

                <tr>
                  <td style="width: 80.41%; vertical-align: middle;">
                    <div>Guggenheim Strategic Opportunities Fund</div>
                  </td>
                  <td style="width: 19.59%; vertical-align: middle;">&#160;</td>
                </tr>
                <tr>
                  <td style="width: 80.41%; vertical-align: middle;">
                    <div style="font-size: 18pt; font-weight: bold;">SCHEDULE OF INVESTMENTS&#160;<font style="font-style: italic;">(Unaudited)&#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; </font></div>
                  </td>
                  <td style="width: 19.59%; vertical-align: middle;">
                    <div style="text-align: right;">August 31, 2019</div>
                  </td>
                </tr>
                <tr>
                  <td style="width: 80.41%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
                  <td style="width: 19.59%; vertical-align: middle; border-bottom: #000000 2px solid;">&#160;</td>
                </tr>

            </table>
          </div>
        </div>
        <div><br>
        </div>
        <br>
      </div>
      <div style="font-weight: bold;">Affiliated Transactions</div>
      <div>&#160;</div>
      <div>Investments representing 5% or more of the outstanding voting shares of a&#160;company, or control of or by, or common control under Guggenheim Investments (&#8220;GI&#8221;), result in that company being considered an affiliated issuer, as defined in the 1940
        Act.</div>
      <div>&#160;</div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; text-align: left; color: #000000;" id="zb8a89b7d35684647bd0ff5b7a09f2dd1" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td colspan="9" style="vertical-align: bottom;">
              <div>Transactions during the period ended August 31, 2019, in which the company is an affiliated issuer, were as follows:</div>
            </td>
          </tr>
          <tr>
            <td style="width: 26%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="font-weight: bold;">Security Name</div>
            </td>
            <td style="width: 9%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right; font-weight: bold;">Value </div>
              <div style="text-align: right; font-weight: bold;">05/31/19</div>
            </td>
            <td style="width: 9%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right; font-weight: bold;">Additions</div>
            </td>
            <td style="width: 9%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right; font-weight: bold;">Reductions</div>
            </td>
            <td style="width: 9%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right; font-weight: bold;">Realized Gain (Loss)</div>
            </td>
            <td style="width: 10%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right; font-weight: bold;">Change in Unrealized Appreciation (Depreciation)</div>
            </td>
            <td style="width: 9%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right; font-weight: bold;">Value </div>
              <div style="text-align: right; font-weight: bold;">08/31/19</div>
            </td>
            <td style="width: 10%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right; font-weight: bold;">Shares/</div>
              <div style="text-align: right; font-weight: bold;">Face Amount </div>
              <div style="text-align: right; font-weight: bold;">08/31/19</div>
            </td>
            <td style="width: 9%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right; font-weight: bold;">Investment Income</div>
            </td>
          </tr>
          <tr>
            <td style="width: 26%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="font-weight: bold;">Common Stocks</div>
            </td>
            <td style="width: 9%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 9%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 9%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 9%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 9%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 9%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 26%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-indent: -18pt; margin-left: 18pt;">&#160;&#160;BP Holdco LLC<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">*,1</sup></div>
            </td>
            <td style="width: 9%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;$19,447</div>
            </td>
            <td style="width: 9%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;$&#8211;</div>
            </td>
            <td style="width: 9%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;$&#8211;</div>
            </td>
            <td style="width: 9%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;$&#8211;</div>
            </td>
            <td style="width: 10%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;$&#8211;</div>
            </td>
            <td style="width: 9%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;$19,447</div>
            </td>
            <td style="width: 10%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">55,076</div>
            </td>
            <td style="width: 9%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">&#160;$&#8211;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 26%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-indent: -18pt; margin-left: 18pt;">&#160;&#160;Targus Group International Equity, Inc.<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup></div>
            </td>
            <td style="width: 9%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;28,515</div>
            </td>
            <td style="width: 9%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#8211;</div>
            </td>
            <td style="width: 9%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;(5,951)</div>
            </td>
            <td style="width: 9%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#8211;</div>
            </td>
            <td style="width: 10%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;888</div>
            </td>
            <td style="width: 9%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;23,452</div>
            </td>
            <td style="width: 10%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">12,989</div>
            </td>
            <td style="width: 9%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">&#160;&#8211;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 26%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="font-weight: bold;">Senior Floating Rate Interests</div>
            </td>
            <td style="width: 9%; vertical-align: bottom; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 9%; vertical-align: bottom; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 9%; vertical-align: bottom; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 9%; vertical-align: bottom; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: bottom; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 9%; vertical-align: bottom; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 10%; vertical-align: bottom; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 9%; vertical-align: bottom; background-color: rgb(255, 255, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 26%; vertical-align: bottom; background-color: rgb(204, 238, 255); padding-bottom: 2px;">
              <div style="text-indent: -18pt; margin-left: 18pt;">&#160;&#160;Targus Group International, Inc. due 05/24/16<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1,2,3</sup></div>
            </td>
            <td style="width: 9%; vertical-align: bottom; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right;">&#160;&#8211;<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">**</sup></div>
            </td>
            <td style="width: 9%; vertical-align: bottom; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right;">&#160;&#8211;</div>
            </td>
            <td style="width: 9%; vertical-align: bottom; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right;">&#160;&#8211;</div>
            </td>
            <td style="width: 9%; vertical-align: bottom; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right;">&#160;&#8211;</div>
            </td>
            <td style="width: 10%; vertical-align: bottom; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right;">&#160;&#8211;</div>
            </td>
            <td style="width: 9%; vertical-align: bottom; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right;">&#160;&#8211;<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">**</sup></div>
            </td>
            <td style="width: 10%; vertical-align: bottom; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right;">155,450</div>
            </td>
            <td style="width: 9%; vertical-align: bottom; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right;">&#160;&#8211;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 26%; vertical-align: bottom; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 9%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">$47,962</div>
            </td>
            <td style="width: 9%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">$&#8211;</div>
            </td>
            <td style="width: 9%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">$(5,951)</div>
            </td>
            <td style="width: 9%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">$&#8211;</div>
            </td>
            <td style="width: 10%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">$888</div>
            </td>
            <td style="width: 9%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">$42,899</div>
            </td>
            <td style="width: 10%; vertical-align: bottom; background-color: rgb(255, 255, 255);">&#160;</td>
            <td style="width: 9%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: right;">$&#8211;</div>
            </td>
          </tr>

      </table>
      <div>&#160;</div>
      <div><br>
      </div>
      <table style="font-family: Arial; font-size: 10pt; width: 100%; text-align: left; color: #000000;" id="zb8390232c63d4159b2bd823d409338d4" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 4%; vertical-align: top;">
              <div style="text-align: right;">*</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: bottom;">&#160;</td>
            <td style="width: 95%; vertical-align: bottom;">
              <div>Non-income producing security.</div>
            </td>
          </tr>
          <tr>
            <td style="width: 4%; vertical-align: top;">
              <div style="text-align: right;">**</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: bottom;">&#160;</td>
            <td style="width: 95%; vertical-align: bottom;">
              <div>Market value is less than $1.</div>
            </td>
          </tr>
          <tr>
            <td style="width: 4%; vertical-align: top;">
              <div style="text-align: right;">1</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: bottom;">&#160;</td>
            <td style="width: 95%; vertical-align: bottom;">
              <div>Security was fair valued by the Valuation Committee&#160;at August 31, 2019.&#160; The total market value of fair valued and affiliated securities amounts to $42,899, (cost $172,360) or less than 0.1% of total net assets.</div>
            </td>
          </tr>
          <tr>
            <td style="width: 4%; vertical-align: top;">
              <div style="text-align: right;">2</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: bottom;">&#160;</td>
            <td style="width: 95%; vertical-align: bottom;">
              <div>Security is in default of interest and/or principal obligations.</div>
            </td>
          </tr>
          <tr>
            <td style="width: 4%; vertical-align: top;">
              <div style="text-align: right;">3</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: bottom;">&#160;</td>
            <td style="width: 95%; vertical-align: bottom;">
              <div>Variable rate security.&#160;&#160;Rate indicated is the rate effective at August 31, 2019. In some instances, the effective rate is limited by a minimum rate floor or a maximum rate cap established by the issuer. The settlement status of a
                position may also impact the effective rate indicated. In some cases, a position may be unsettled at period end and may not have a stated effective rate. In instances where multiple underlying reference rates and spread amounts are shown,
                the effective rate is based on a weighted average.</div>
            </td>
          </tr>

      </table>
      <div>&#160;</div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after: always;">
          <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
      </div>
      <div>
        <div>
          <div><font style="font-size: 14pt; font-weight: bold;"> </font>
            <table id="za58e8aff387d41789757d172e6772332" style="font-family: Arial; font-size: 10pt; color: #000000; width: 100%;" border="0" cellpadding="0" cellspacing="0">

                <tr>
                  <td style="width: 80%; border-bottom: 2px solid rgb(0, 0, 0);">
                    <div><font style="font-size: 14pt; font-weight: bold;">NOTES TO SCHEDULE OF INVESTMENTS (Unaudited)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 432pt" id="TRGRRTFtoHTMLTab"> <br>
                      </font></div>
                  </td>
                  <td style="width: 20%; border-bottom: 2px solid rgb(0, 0, 0);">
                    <div>
                      <div style="text-align: right;">August 31, 2019</div>
                    </div>
                  </td>
                </tr>
                <tr>
                  <td style="width: 80%;">
                    <div>&#160;</div>
                  </td>
                  <td style="width: 20%;">
                    <div>&#160;</div>
                  </td>
                </tr>

            </table>
          </div>
        </div>
        <div><br>
        </div>
      </div>
      <div> <br>
      </div>
      <div>
        <div style="font-weight: bold;">Note&#160;1 &#8211; Organization and Significant Accounting Policies</div>
        <div style="font-weight: bold;">Organization</div>
        <div>Guggenheim Strategic Opportunities Fund (the &#8220;Fund&#8221;) was organized as a Delaware statutory trust on November 13, 2006. The Fund is registered as a diversified closed-end management investment company under the Investment Company Act of 1940,
          as amended (the &#8220;1940 Act&#8221;).</div>
        <div><br>
        </div>
        <div>The Fund&#8217;s investment objective is to maximize total return through a combination of current income and capital appreciation.</div>
        <div> <br>
        </div>
        <div>
          <div>For information on the Fund&#8217;s other significant accounting policies, please refer to the Fund&#8217;s most recent semi-annual or annual shareholder report.</div>
        </div>
        <div>&#160;</div>
        <div style="font-weight: bold;">Significant Accounting Policies</div>
        <div>The Fund operates as an investment company and, accordingly, follows the investment company accounting and reporting guidance of the Financial Accounting Standards Board (&#8220;FASB&#8221;) Accounting Standards Codification Topic 946 Financial Services &#8211;
          Investment Companies.&#160;</div>
        <div>&#160;</div>
        <div>The following significant accounting policies are in conformity with U.S. generally accepted accounting principles (&#8220;U.S. GAAP&#8221;) and are consistently followed by the Fund. This requires management to make estimates and assumptions that affect
          the reported amount of assets and liabilities, contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from these
          estimates. All time references are based on Eastern Time.</div>
        <div><br>
        </div>
        <div style="font-weight: bold;">(a) Valuation of Investments&#160;</div>
        <div>The Board of Trustees of the Fund (the &#8220;Board&#8221;) has adopted policies and procedures for the valuation of the Fund&#8217;s investments (the &#8220;Valuation Procedures&#8221;). Pursuant to the Valuation Procedures, the Board has delegated to a valuation
          committee, consisting of representatives from Guggenheim&#8217;s investment management, fund administration, legal and compliance departments (the &#8220;Valuation Committee&#8221;), the day-to-day responsibility for implementing the Valuation Procedures,
          including, under most circumstances, the responsibility for determining the fair value of the Fund&#8217;s securities and/or other assets.</div>
        <div>&#160;</div>
        <div>Valuations of the Fund&#8217;s securities are supplied primarily by pricing services appointed pursuant to the processes set forth in the Valuation Procedures. The Valuation Committee convenes monthly, or more frequently as needed, to review the
          valuation of all assets which have been fair valued for reasonableness. The Fund&#8217;s officers, through the Valuation Committee and consistent with the monitoring and review responsibilities set forth in the Valuation Procedures, regularly review
          procedures used and valuations provided by the pricing services.</div>
        <div>&#160;</div>
        <div>If the pricing service cannot or does not provide a valuation for a particular investment or such valuation is deemed unreliable, such investment is fair valued by the Valuation Committee.</div>
        <div>&#160;</div>
        <div>Equity securities listed on an exchange (New York Stock Exchange (&#8220;NYSE&#8221;) or American Stock Exchange) are valued at the last quoted sale price as of the close of business on the NYSE, usually at 4:00 p.m.&#160;on the valuation date. Equity
          securities listed on the NASDAQ market system are valued at the NASDAQ Official Closing Price on the valuation date, which may not necessarily represent the last sale price. If there has been no sale on such exchange or NASDAQ on&#160;a&#160;given&#160;day, the
          security is valued at the closing bid price on&#160;that day.</div>
        <div><br>
        </div>
        <div>Open-end investment companies are valued at their net asset value (&#8220;NAV&#8221;) as of the close of business, on the valuation date. Exchange-traded funds and closed-end investment companies are valued at the last quoted sale price.</div>
        <div>&#160;</div>
        <div>Generally, trading in foreign securities markets is substantially completed each day at various times prior to the close of the NYSE. The values of foreign securities are determined as of the close of such foreign markets or the close of the
          NYSE, if earlier. All investments quoted in foreign currencies are valued in U.S. dollars on the basis of the foreign currency exchange rates prevailing at the close of U.S. business at&#160;4:00 p.m. Investments in foreign securities may involve
          risks not present in domestic investments. The Valuation Committee will determine the current value of such foreign securities by taking into consideration certain factors which may include those discussed above, as well as the following factors,
          among others: the value of the securities traded on other foreign markets, ADR trading, closed-end fund trading, foreign currency exchange activity, and the trading prices of financial products that are tied to foreign securities.&#160;In addition,
          under the Valuation Procedures, the Valuation Committee and Guggenheim Funds Investment Advisors, LLC (&#8220;GFIA&#8221; or the &#8220;Adviser&#8221;) are&#160;authorized to use prices and other information supplied by a third party pricing vendor in valuing foreign
          securities.</div>
        <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
          <div id="DSPFPageBreak" style="page-break-after: always;">
            <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
        </div>
        <div>&#160;
          <table id="za58e8aff387d41789757d172e6772332" style="font-family: Arial; font-size: 10pt; color: #000000; width: 100%;" border="0" cellpadding="0" cellspacing="0">

              <tr>
                <td style="width: 80%; border-bottom: 2px solid rgb(0, 0, 0);">
                  <div><font style="font-size: 14pt; font-weight: bold;">NOTES TO SCHEDULE OF INVESTMENTS </font><font style="font-size: 14pt; font-weight: bold;">(Unaudited)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 432pt" id="TRGRRTFtoHTMLTab"> </font></div>
                </td>
                <td style="width: 20%; border-bottom: 2px solid rgb(0, 0, 0);">
                  <div>
                    <div style="text-align: right;">August 31, 2019</div>
                  </div>
                </td>
              </tr>
              <tr>
                <td style="width: 80%;">
                  <div>&#160;</div>
                </td>
                <td style="width: 20%;">
                  <div>&#160;</div>
                </td>
              </tr>

          </table>
        </div>
        <div>&#160;</div>
        <div>&#160;</div>
        <div>Debt securities with a maturity of greater than 60 days at&#160;acquisition are valued at prices that reflect broker-dealer supplied valuations or are obtained from independent&#160;pricing services, which may consider the trade activity, treasury
          spreads, yields or price of bonds of comparable quality, coupon, maturity, and type, as well as prices quoted&#160;by dealers who make markets in such securities. Short-term debt securities with a maturity of 60 days or less at acquisition are valued
          at amortized cost,&#160;provided such amount&#160;approximates market value. Money market funds are valued at their NAV.</div>
        <div>&#160;</div>
        <div>Repurchase agreements are valued at amortized cost, provided such amounts&#160;approximate market value.</div>
        <div>&#160;</div>
        <div>Typically, loans are valued using information provided by an independent third party pricing service which uses broker quotes. If the pricing service cannot or does not provide a valuation for a particular loan or such valuation is deemed
          unreliable, such investment is fair valued by the Valuation Committee.</div>
        <div>&#160;</div>
        <div>Exchange-traded options are valued at the mean of the bid and ask prices on the principal exchange on which they are traded. Over-the-counter (&#8220;OTC&#8221;) options are valued using a price provided by a pricing service.&#160;</div>
        <div>&#160;</div>
        <div>The value of futures contracts is&#160;accounted for using the unrealized appreciation or depreciation on the contracts that is determined by marking the contracts to their current realized settlement prices. Financial futures contracts are valued
          at the 4:00 p.m. on the valuation date. In the event that the exchange for a specific futures contract closes earlier than 4:00 p.m., the futures contract is valued at the Official Settlement Price of the exchange. However, the underlying
          securities from which the futures contract value is derived are monitored until 4:00 p.m. to determine if fair valuation would provide a more accurate valuation.</div>
        <div>&#160;</div>
        <div>The values of credit default swap agreements entered into by the Fund are accounted for using the unrealized appreciation or depreciation on the agreements that are determined by marking the agreements to the last quoted value of the index
          that the swap pertains to at the close of the NYSE.&#160; The value of corporate credit default swap agreements will be computed by an approved pricing vendor in accordance with the calculation methodology contained in the swap agreement.</div>
        <div>&#160;</div>
        <div>The value of interest rate swap agreements entered into by&#160;the Fund is accounted for using the unrealized&#160;appreciation or&#160;depreciation on the agreements that is determined using the spread priced off the previous day&#8217;s Chicago Mercantile
          Exchange price.</div>
        <div><br>
        </div>
        <div>Forward foreign currency exchange contracts are valued daily based on the applicable exchange rate of the underlying currency.</div>
        <div>&#160;</div>
        <div>Investments for which market quotations are not readily available are fair-valued as determined in good faith by GFIA, subject to review and approval by the Valuation Committee, pursuant to methods established or ratified by the Board.
          Valuations in accordance with these methods are intended to reflect each security&#8217;s (or asset&#8217;s or liability&#8217;s) &#8220;fair value&#8221;. Each such determination is based on a consideration of all relevant factors, which are likely to vary from one pricing
          context to another. Examples of such factors may include, but are not limited to market prices; sale prices; broker quotes; and models which derive prices based on inputs such as prices of securities with comparable maturities and
          characteristics, or based on inputs such as anticipated cash flows or collateral, spread over U.S.&#160;Treasury securities, and other information analysis.</div>
        <div>&#160;</div>
        <div style="font-weight: bold;">Note 2 -&#160;Financial Instruments and Derivatives</div>
        <div>As part of&#160;its investment strategy, the Fund utilizes short sales and a variety of derivative instruments. These investments involve, to varying degrees, elements of market risk. Valuation and accounting treatment of these instruments can be
          found under Significant Accounting Policies in Note 1 of these Notes to Schedule of Investments.</div>
        <div>&#160;</div>
        <div style="font-weight: bold;">Short Sales</div>
        <div>A short sale is a transaction in which&#160;the Fund sells a security it does not own. If the security sold short decreases in price between the time the Fund sells the security and closes its short position, the Fund will realize a gain on the
          transaction. Conversely, if the security increases in price during the period, the Fund will realize a loss on the transaction. The risk of such price increases is the principal risk of engaging in short sales.</div>
        <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
          <div id="DSPFPageBreak" style="page-break-after: always;">
            <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
        </div>
        <div>
          <table id="za58e8aff387d41789757d172e6772332" style="font-family: Arial; font-size: 10pt; color: #000000; width: 100%;" border="0" cellpadding="0" cellspacing="0">

              <tr>
                <td style="width: 80%; border-bottom: 2px solid rgb(0, 0, 0);">
                  <div><font style="font-size: 14pt; font-weight: bold;">NOTES TO SCHEDULE OF INVESTMENTS </font><font style="font-size: 14pt; font-weight: bold;">(Unaudited)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 432pt" id="TRGRRTFtoHTMLTab"> </font></div>
                </td>
                <td style="width: 20%; border-bottom: 2px solid rgb(0, 0, 0);">
                  <div>
                    <div style="text-align: right;">August 31, 2019</div>
                  </div>
                </td>
              </tr>
              <tr>
                <td style="width: 80%;">
                  <div>&#160;</div>
                </td>
                <td style="width: 20%;">
                  <div>&#160;</div>
                </td>
              </tr>

          </table>
          &#160;</div>
        <div> <br>
        </div>
        <div style="font-weight: bold;">Derivatives</div>
        <div>Derivatives are instruments whose values depend on, or are derived from, in whole or in part, the value of one or more other assets, such as securities, currencies, commodities or indices. Derivative instruments may be used to increase
          investment flexibility (including to maintain cash reserves while maintaining exposure to certain other assets), for risk management (hedging) purposes, to facilitate trading, to reduce&#160;transaction costs and to pursue higher investment returns.
          Derivative instruments may also be used to mitigate certain investment risks, such as foreign currency exchange rate risk, interest rate risk and credit risk. U.S. GAAP requires disclosures to enable investors to better understand how and why a
          Fund uses derivative instruments, how these derivative instruments are accounted for and their effects on the Fund&#8217;s financial position and results of operations.</div>
        <div> <br>
        </div>
        <div>
          <div>The Fund&#160;utilized&#160;derivatives for the following purposes:</div>
          <div>&#160;</div>
          <div><font style="font-weight: bold;">Hedge:</font> an investment made in order to reduce the risk of adverse price movements in a security, by taking an offsetting position to protect against broad market moves.</div>
          <div>&#160;</div>
          <div><font style="font-weight: bold;">Income:</font> the use of any instrument that distributes cash flows typically based upon some rate of interest.</div>
          <div>&#160;</div>
          <div><font style="font-weight: bold;">Index Exposure:&#160;</font>the use of an instrument to obtain exposure to a listed or other type of index.</div>
        </div>
        <div>&#160;</div>
        <div style="font-weight: bold;">Options Purchased and Written&#160;</div>
        <div>A call option on a security gives the purchaser of the option the right to buy, and the writer of a call option the obligation to sell, the underlying security. The purchaser of a put option has the right to sell, and the writer of the put
          option the obligation to buy, the underlying security at any time during the option period. The risk associated with purchasing options is limited to the premium originally paid.</div>
        <div>&#160;</div>
        <div>The risk in writing a call option is that a Fund may incur a loss if the market price of the underlying security increases and the option is exercised. The risk in writing a put option is that a Fund may incur a loss if the market price of the
          underlying security decreases and the option is exercised. In addition, there may be an imperfect correlation between the movement in prices of options and the underlying securities where a Fund may not be able to enter into a closing transaction
          because of an illiquid secondary market; or, for OTC options, a Fund may be at risk because of&#160;the&#160;counterparty&#8217;s inability to perform.</div>
        <div>&#160;</div>
        <div style="font-weight: bold;">Future Contracts</div>
        <div>A futures contract is an agreement to purchase (long) or sell (short) an agreed amount of securities or other instruments at a set price for delivery at a future date. There are significant risks associated with a Fund&#8217;s&#160;use of futures
          contracts, including (i) there may be an imperfect or no correlation between the changes in market value of the underlying asset and the prices of futures contracts;&#160;(ii) there may not be a liquid secondary market for a futures contract; (iii)
          trading restrictions or limitations may be imposed by an exchange; and (iv) government regulations may restrict trading in futures contracts. When investing in futures, there is minimal counterparty credit risk to&#160;a Fund because futures are
          exchange-traded and the exchange&#8217;s clearinghouse, as counterparty to all exchange-traded futures, guarantees against default. Securities held as collateral are noted on the Schedule of Investments.</div>
        <div>&#160;</div>
        <div style="font-weight: bold;">Swap Agreements</div>
        <div>A swap is an agreement that obligates two parties to exchange a series of cash flows at specified intervals based upon or calculated by reference to changes in specified prices or rates for a specified amount of an underlying asset. When
          utilizing OTC swaps,&#160;a fund&#160;bears the risk of loss of the amount expected to be received under a swap agreement in the event of the default or bankruptcy of a swap agreement counterparty or if the underlying asset declines in value. Certain
          standardized swaps are subject to mandatory central clearing and are executed on a multi-lateral or other trade facility platform, such as a registered exchange. There is limited counterparty credit risk with respect to centrally-cleared swaps as
          the transaction is facilitated through a central clearinghouse, much like exchange-traded futures contracts. Upon entering into certain centrally-cleared swap transactions, the Fund is required to deposit with its clearing broker an amount of
          cash or securities as an initial margin. Subsequent variation margin payments or receipts are made or received by the Fund, depending on fluctuations in the fair value of the reference entity. For a fund utilizing centrally cleared swaps, the
          exchange bears the risk of loss. There is no guarantee that a fund or an underlying fund could eliminate its exposure under an outstanding swap agreement by entering into an offsetting swap agreement with the same or another party.</div>
        <div><br>
        </div>
        <div>Total return swaps involve commitments where single or multiple cash flows are exchanged based on the price of an underlying reference asset (such as an index) for a fixed or variable interest rate. Total return swaps will usually be computed
          based on the current value of the reference asset as of the close of regular trading on the NYSE or other exchange, with the swap value being adjusted to include dividends accrued, financing charges and/or interest associated with the swap
          agreement. A fund utilizing total return swaps bears the risk of loss of the amount expected to be received under a swap agreement in the event of the default or bankruptcy of a swap agreement counterparty or if the underlying reference asset
          declines in value.</div>
        <div><br>
        </div>
        <div>Interest rate swaps involve the exchange by the Fund with another party for its respective commitment to pay or receive a fixed or variable interest rate on a notional amount of principal. Interest rate swaps are generally centrally-cleared,
          but central clearing does not make interest rate swap transactions risk free.</div>
        <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
          <div id="DSPFPageBreak" style="page-break-after: always;">
            <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
        </div>
        <div>
          <table id="za58e8aff387d41789757d172e6772332" style="font-family: Arial; font-size: 10pt; color: #000000; width: 100%;" border="0" cellpadding="0" cellspacing="0">

              <tr>
                <td style="width: 80%; border-bottom: 2px solid rgb(0, 0, 0);">
                  <div><font style="font-size: 14pt; font-weight: bold;">NOTES TO SCHEDULE OF INVESTMENTS </font><font style="font-size: 14pt; font-weight: bold;">(Unaudited)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 432pt" id="TRGRRTFtoHTMLTab"> </font></div>
                </td>
                <td style="width: 20%; border-bottom: 2px solid rgb(0, 0, 0);">
                  <div>
                    <div style="text-align: right;">August 31, 2019</div>
                  </div>
                </td>
              </tr>
              <tr>
                <td style="width: 80%;">
                  <div>&#160;</div>
                </td>
                <td style="width: 20%;">
                  <div>&#160;</div>
                </td>
              </tr>

          </table>
          &#160;</div>
        <div> <br>
        </div>
        <div>Credit default swaps are instruments which allow for the full or partial transfer of third party credit risk, with respect to a particular entity or entities, from one counterparty to the other. The Fund enters into credit default swaps as a
          &#8220;seller&#8221; or &#8220;buyer&#8221; of protection primarily to gain or reduce exposure to the high yield bond market. A seller of credit default swaps is selling credit protection or assuming credit risk with respect to the underlying entity or entities. The
          buyer in a credit default swap is obligated to pay the seller a periodic stream of payments over the term of the contract provided that no event of default on an underlying reference obligation has occurred. If a credit event occurs, as defined
          under the terms of the swap agreement, the seller will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced
          index or (ii) pay a net settlement amount in the form of cash or securities equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. The Notional
          Amount reflects the maximum potential amount the seller of credit protection could be required to&#160;pay to the buyer, if a credit event occurs. The seller of protection, receives periodic premium payments from the buyer and may also receive or pay
          an upfront premium adjustment to the stated periodic payments. In the event a credit default occurs, an adjustment will be made to any upfront premiums that were received by a reduction of 1.00% per event. If no default occurs, the counterparty
          will pay the stream of payments and have no further obligations to the fund selling the credit protection. For a fund utilizing centrally cleared credit default swaps, the exchange bears the risk of loss. For OTC credit default swaps, a fund
          bears the risk of loss of the amount expected to be received under a swap agreement in the event of the default or bankruptcy of a swap agreement counterparty, or in the case of a credit default swap in which a fund is selling credit protection,
          the default of a third party issuer.</div>
        <div>&#160;</div>
        <div>The quoted market prices and resulting market values for credit default swap agreements on securities and credit indices serve as an indicator of the current status of the payment/performance risk and represent the likelihood of an expected
          liability (or profit) for the credit derivative had the notional amount of the swap agreement been closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a
          deterioration of the referenced entity&#8217;s credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement.</div>
        <div>&#160;</div>
        <div style="font-weight: bold;">Forward Foreign Currency Exchange Contracts</div>
        <div>A forward foreign currency exchange contract is an agreement between two parties to exchange two designated currencies at a specific time in the future. Certain types of contracts may be cash settled, in an amount equal to the change in
          exchange rates during the term of the contract. The contracts can be used to hedge or manage exposure to foreign currency risks with portfolio investments or to gain exposure to foreign currencies.</div>
        <div>&#160;</div>
        <div>The market value of a forward foreign currency exchange contract changes with fluctuations in foreign currency exchange rates. Furthermore, the Fund may be exposed to risk if the counterparties cannot meet the contract terms or if the currency
          value changes unfavorably as compared to the U.S. dollar.</div>
        <div><br>
        </div>
        <div>In conjunction with short sales and the use of derivative instruments, the Fund&#160;is required to maintain collateral in various forms. Depending on the financial instrument utilized and the broker involved, the Fund uses&#160;margin deposits at the
          broker, cash and/or securities segregated at the custodian bank, discount notes or repurchase agreements allocated to&#160;the Fund as collateral.</div>
        <div>&#160;</div>
        <div>The Fund has established counterparty credit guidelines and enters into transactions only with financial institutions of investment grade or better. The Fund monitors the counterparty credit risk.</div>
        <div>&#160;</div>
        <div style="font-weight: bold;">Note&#160;3 &#8211; Fair Value Measurement&#160;&#160;</div>
        <div>In accordance with U.S. GAAP, fair value is defined as the price that the Fund would receive to sell an investment or pay to transfer a liability in an orderly transaction with an independent buyer in the principal market, or in the absence of
          a principal market, the most advantageous market for the investment or liability. U.S. GAAP establishes a three-tier fair value hierarchy based on the types of inputs used to value assets and liabilities and requires corresponding disclosure. The
          hierarchy and the corresponding inputs are summarized below:</div>
        <div>&#160;</div>
        <div>Level 1 &#8212; quoted prices in active markets for identical assets or liabilities.</div>
        <div>&#160;</div>
        <div>Level 2 &#8212; significant other observable inputs (for example quoted prices for securities that are similar based on characteristics such as interest rates, prepayment speeds, credit risk, etc.).</div>
        <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
          <div id="DSPFPageBreak" style="page-break-after: always;">
            <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
        </div>
        <div>&#160;</div>
        <div>
          <table id="za58e8aff387d41789757d172e6772332" style="font-family: Arial; font-size: 10pt; color: #000000; width: 100%;" border="0" cellpadding="0" cellspacing="0">

              <tr>
                <td style="width: 80%; border-bottom: 2px solid rgb(0, 0, 0);">
                  <div><font style="font-size: 14pt; font-weight: bold;">NOTES TO SCHEDULE OF INVESTMENTS </font><font style="font-size: 14pt; font-weight: bold;">(Unaudited)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 432pt" id="TRGRRTFtoHTMLTab"> </font></div>
                </td>
                <td style="width: 20%; border-bottom: 2px solid rgb(0, 0, 0);">
                  <div>
                    <div style="text-align: right;">August 31, 2019</div>
                  </div>
                </td>
              </tr>
              <tr>
                <td style="width: 80%;">
                  <div>&#160;</div>
                </td>
                <td style="width: 20%;">
                  <div>&#160;</div>
                </td>
              </tr>

          </table>
        </div>
        <div> <br>
        </div>
        <div> <br>
        </div>
        <div>Level 3 &#8212; significant unobservable inputs based on the best information available under the circumstances, to the extent observable inputs are not available, which may include assumptions.</div>
        <div>&#160;</div>
        <div>The types of inputs available depend on a variety of factors, such as the type of security and the characteristics of the markets in which it trades, if any. Fair valuation determinations that rely on fewer or no observable inputs require
          greater judgment. Accordingly, fair value determinations for Level 3 securities require the greatest amount of judgment.</div>
        <div>&#160;</div>
        <div>Independent pricing services are used to value a majority of the Fund&#8217;s investments. When values are not available from a pricing service, they will be determined using a variety of sources and techniques, including: market prices; broker
          quotes; and models which derive prices based on inputs such as prices of securities with comparable maturities and characteristics or based on inputs such as anticipated cash flows or collateral, spread over U.S. Treasury securities, and other
          information and analysis. A significant portion of the Fund&#8217;s assets and liabilities are categorized as Level 2, as indicated in this report.<br>
          <br>
          Indicative quotes from broker-dealers, adjusted for fluctuations in criteria such as credit spreads and interest rates, may be also used to value the Fund&#8217;s assets and liabilities, i.e. prices provided by a broker-dealer or other market
          participant who has not committed to trade at that price. Although indicative quotes are typically received from established market participants, the Fund may not have the transparency to view the underlying inputs which support the market
          quotations. Significant changes in an indicative quote would generally result in significant changes in the fair value of the security.<br>
          <br>
          Certain fixed income securities are valued by obtaining a monthly indicative quote from a broker-dealer, adjusted for fluctuations in criteria such as credit spreads and interest rates.<br>
          The inputs or methodologies used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. The suitability of the techniques and sources employed to determine fair valuation are regularly
          monitored and subject to change.&#160;</div>
        <div>&#160;</div>
        <div style="font-weight: bold;">Note 4 &#8211; Federal Income Tax Information</div>
        <div>The Fund intends to comply with the provisions of Subchapter M of the Internal Revenue Code applicable to regulated investment companies and will distribute substantially all taxable net investment income and capital gains sufficient to
          relieve&#160;the Fund&#160;from all, or substantially all, federal income, excise and state income taxes. Therefore, no provision for federal or state income tax or federal excise tax is required.</div>
        <div>&#160;</div>
        <div>Tax positions taken or expected to be taken in the course of preparing the Fund&#8217;s tax returns are evaluated to determine whether the tax positions are &#8220;more-likely-than-not&#8221; of being sustained by the applicable tax authority. Tax positions not
          deemed to meet the more-likely-than-not threshold would be recorded as a tax benefit or expense in the current year. Management has analyzed the Fund&#8217;s tax positions taken, or to be taken, on U.S. federal income tax returns for all open tax
          years, and has concluded that no provision for income tax is required in the Fund&#8217;s financial statements. The Fund&#8217;s U.S. federal income tax returns are subject to examination by the Internal Revenue Service for a period of three&#160;years after they
          are filed.</div>
        <div><br>
        </div>
        <div>At August 31, 2019, the cost of&#160;investments for U.S. federal income tax purposes, the aggregate gross unrealized appreciation for all&#160;investments for which there was an excess of value over tax cost, and the aggregate gross unrealized
          depreciation for all&#160;investments for which there was an excess of tax cost over value, were as follows:</div>
        <div> <br>
        </div>
        <div>
          <table style="font-family: Arial; font-size: 10pt; width: 100%; text-align: left; color: #000000;" id="z2c69b82f36524ed596e712ce2d53b7f7" border="0" cellpadding="0" cellspacing="0">

              <tr>
                <td style="width: 24.99%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); text-align: right;">
                  <div style="font-weight: bold;">Tax Cost</div>
                </td>
                <td style="width: 25.01%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); text-align: right;">
                  <div style="font-weight: bold;">Tax Unrealized Appreciation</div>
                </td>
                <td style="width: 24.99%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); text-align: right;">
                  <div style="font-weight: bold;">Tax Unrealized Depreciation</div>
                </td>
                <td style="width: 25.01%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); text-align: right;">
                  <div style="font-weight: bold;">Net Unrealized Appreciation (Depreciation)</div>
                </td>
              </tr>
              <tr>
                <td style="width: 24.99%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: right;">&#160;$ 688,765,736</div>
                </td>
                <td style="width: 25.01%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: right;">&#160;$ 10,607,968</div>
                </td>
                <td style="width: 24.99%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: right;">&#160;$&#160; (29,332,082)</div>
                </td>
                <td style="width: 25.01%; vertical-align: top; background-color: rgb(204, 238, 255);">
                  <div style="text-align: right;">&#160;$&#160; (18,724,114)</div>
                </td>
              </tr>

          </table>
        </div>
        <div>&#160;</div>
        <div style="font-weight: bold;">Note 5 &#8211; Unfunded Loan Commitments</div>
        <div>Pursuant to the terms of certain&#160;loan agreements,&#160;the Fund&#160;held&#160;unfunded loan commitments as of August 31, 2019. The Fund&#160;is obligated to fund these loan commitments at the borrower&#8217;s discretion.<br>
        </div>
        <div>&#160;</div>
        <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
          <div id="DSPFPageBreak" style="page-break-after: always;">
            <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
        </div>
        <div>
          <table id="za58e8aff387d41789757d172e6772332" style="font-family: Arial; font-size: 10pt; color: #000000; width: 100%;" border="0" cellpadding="0" cellspacing="0">

              <tr>
                <td style="width: 80%; border-bottom: 2px solid rgb(0, 0, 0);">
                  <div><font style="font-size: 14pt; font-weight: bold;">NOTES TO SCHEDULE OF INVESTMENTS </font><font style="font-size: 14pt; font-weight: bold;">(Unaudited)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 432pt" id="TRGRRTFtoHTMLTab"> </font></div>
                </td>
                <td style="width: 20%; border-bottom: 2px solid rgb(0, 0, 0);">
                  <div>
                    <div style="text-align: right;">August 31, 2019</div>
                  </div>
                </td>
              </tr>
              <tr>
                <td style="width: 80%;">
                  <div>&#160;</div>
                </td>
                <td style="width: 20%;">
                  <div>&#160;</div>
                </td>
              </tr>

          </table>
          <div><br>
          </div>
        </div>
        <table style="font-family: Arial; font-size: 10pt; width: 100%; text-align: left; color: #000000;" id="z083f76b91fae40f9809cb8e38fade331" border="0" cellpadding="0" cellspacing="0">

            <tr>
              <td colspan="6" style="width: 100%; vertical-align: bottom;">
                <div>The unfunded loan commitments as of August 31, 2019, were as follows:</div>
              </td>
            </tr>
            <tr>
              <td colspan="6" style="width: 100%; vertical-align: bottom;">&#160;</td>
            </tr>
            <tr>
              <td style="width: 4.34%; vertical-align: bottom; border-bottom: #000000 2px solid;">&#160;</td>
              <td style="width: 41.82%; vertical-align: bottom; border-bottom: #000000 2px solid;">
                <div style="font-weight: bold;">Borrower</div>
              </td>
              <td style="width: 15.38%; vertical-align: bottom; border-bottom: #000000 2px solid;">
                <div style="text-align: right; font-weight: bold;">Maturity Date</div>
              </td>
              <td style="width: 7.69%; vertical-align: bottom; border-bottom: #000000 2px solid;">&#160;</td>
              <td style="width: 15.38%; vertical-align: bottom; border-bottom: #000000 2px solid;">
                <div style="text-align: right; font-weight: bold;">Face Amount*</div>
              </td>
              <td style="width: 15.38%; vertical-align: bottom; border-bottom: #000000 2px solid;">
                <div style="text-align: right; font-weight: bold;">Value</div>
              </td>
            </tr>
            <tr>
              <td style="width: 4.34%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 41.82%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
                <div style="text-indent: -18pt; margin-left: 18pt;">Acosta, Inc.</div>
              </td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">09/26/19</div>
              </td>
              <td style="width: 7.69%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">191,759</div>
              </td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">$126,561</div>
              </td>
            </tr>
            <tr>
              <td style="width: 4.34%; vertical-align: bottom; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 41.82%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-indent: -18pt; margin-left: 18pt;">Alexander Mann</div>
              </td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">12/16/24</div>
              </td>
              <td style="width: 7.69%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">GBP</div>
              </td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">&#160;1,250,000</div>
              </td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">&#160;177,367</div>
              </td>
            </tr>
            <tr>
              <td style="width: 4.34%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 41.82%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
                <div style="text-indent: -18pt; margin-left: 18pt;">Anchor Packaging LLC</div>
              </td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">07/18/26</div>
              </td>
              <td style="width: 7.69%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">&#160;296,154</div>
              </td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">&#160;1,458</div>
              </td>
            </tr>
            <tr>
              <td style="width: 4.34%; vertical-align: bottom; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 41.82%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-indent: -18pt; margin-left: 18pt;">Aspect Software, Inc.</div>
              </td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">07/15/23</div>
              </td>
              <td style="width: 7.69%; vertical-align: bottom; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">&#160;211,650</div>
              </td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">&#160;2,773</div>
              </td>
            </tr>
            <tr>
              <td style="width: 4.34%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 41.82%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
                <div style="text-indent: -18pt; margin-left: 18pt;">BCPE Empire Holdings, Inc.</div>
              </td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">06/11/26</div>
              </td>
              <td style="width: 7.69%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">&#160;312,658</div>
              </td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">&#160;2,730</div>
              </td>
            </tr>
            <tr>
              <td style="width: 4.34%; vertical-align: bottom; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 41.82%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-indent: -18pt; margin-left: 18pt;">Bullhorn, Inc.</div>
              </td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">11/21/22</div>
              </td>
              <td style="width: 7.69%; vertical-align: bottom; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">&#160;83,345</div>
              </td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">&#160;6,738</div>
              </td>
            </tr>
            <tr>
              <td style="width: 4.34%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 41.82%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
                <div style="text-indent: -18pt; margin-left: 18pt;">Cypress Intermediate Holdings III, Inc.</div>
              </td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">04/27/22</div>
              </td>
              <td style="width: 7.69%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">&#160;1,250,000</div>
              </td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">&#160;81,921</div>
              </td>
            </tr>
            <tr>
              <td style="width: 4.34%; vertical-align: bottom; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 41.82%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-indent: -18pt; margin-left: 18pt;">Examworks Group, Inc.</div>
              </td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">01/27/23</div>
              </td>
              <td style="width: 7.69%; vertical-align: bottom; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">&#160;1,500,000</div>
              </td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">&#160;81,190</div>
              </td>
            </tr>
            <tr>
              <td style="width: 4.34%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 41.82%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
                <div style="text-indent: -18pt; margin-left: 18pt;">Fortis Solutions Group LLC</div>
              </td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">12/15/23</div>
              </td>
              <td style="width: 7.69%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">&#160;163,320</div>
              </td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">&#160;14,374</div>
              </td>
            </tr>
            <tr>
              <td style="width: 4.34%; vertical-align: bottom; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 41.82%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-indent: -18pt; margin-left: 18pt;">Galls LLC</div>
              </td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">01/31/25</div>
              </td>
              <td style="width: 7.69%; vertical-align: bottom; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">&#160;367,415</div>
              </td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">&#160;4,751</div>
              </td>
            </tr>
            <tr>
              <td style="width: 4.34%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 41.82%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
                <div style="text-indent: -18pt; margin-left: 18pt;">Hostess Brands LLC</div>
              </td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">08/03/20</div>
              </td>
              <td style="width: 7.69%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">&#160;500,000</div>
              </td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">&#160;13,127</div>
              </td>
            </tr>
            <tr>
              <td style="width: 4.34%; vertical-align: bottom; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 41.82%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-indent: -18pt; margin-left: 18pt;">Lytx, Inc.</div>
              </td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">08/31/22</div>
              </td>
              <td style="width: 7.69%; vertical-align: bottom; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">&#160;52,632</div>
              </td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">&#160;3,952</div>
              </td>
            </tr>
            <tr>
              <td style="width: 4.34%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 41.82%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
                <div style="text-indent: -18pt; margin-left: 18pt;">Mavis Tire Express Services Corp.</div>
              </td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">03/20/25</div>
              </td>
              <td style="width: 7.69%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">&#160;8,705</div>
              </td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">&#160;180</div>
              </td>
            </tr>
            <tr>
              <td style="width: 4.34%; vertical-align: bottom; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 41.82%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-indent: -18pt; margin-left: 18pt;">Ministry Brands LLC</div>
              </td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">12/02/22</div>
              </td>
              <td style="width: 7.69%; vertical-align: bottom; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">&#160;94,470</div>
              </td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">&#160;472</div>
              </td>
            </tr>
            <tr>
              <td style="width: 4.34%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 41.82%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
                <div style="text-indent: -18pt; margin-left: 18pt;">MRI Software LLC</div>
              </td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">06/30/23</div>
              </td>
              <td style="width: 7.69%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">&#160;113,803</div>
              </td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">&#160;3,698</div>
              </td>
            </tr>
            <tr>
              <td style="width: 4.34%; vertical-align: bottom; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 41.82%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-indent: -18pt; margin-left: 18pt;">Packaging Coordinators Midco, Inc.</div>
              </td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">07/01/21</div>
              </td>
              <td style="width: 7.69%; vertical-align: bottom; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">&#160;1,269,231</div>
              </td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">&#160;58,301</div>
              </td>
            </tr>
            <tr>
              <td style="width: 4.34%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 41.82%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
                <div style="text-indent: -18pt; margin-left: 18pt;">SHO Holding I Corp.</div>
              </td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">10/27/21</div>
              </td>
              <td style="width: 7.69%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">&#160;126,000</div>
              </td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">&#160;6,409</div>
              </td>
            </tr>
            <tr>
              <td style="width: 4.34%; vertical-align: bottom; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 41.82%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-indent: -18pt; margin-left: 18pt;">Situs AMC Holdings Corp.</div>
              </td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">06/30/25</div>
              </td>
              <td style="width: 7.69%; vertical-align: bottom; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">&#160;129,730</div>
              </td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">&#160;&#8211;</div>
              </td>
            </tr>
            <tr>
              <td style="width: 4.34%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 41.82%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
                <div style="text-indent: -18pt; margin-left: 18pt;">SLR Consulting Ltd.</div>
              </td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">05/23/25</div>
              </td>
              <td style="width: 7.69%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">GBP</div>
              </td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">&#160;152,547</div>
              </td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">&#160;4,175</div>
              </td>
            </tr>
            <tr>
              <td style="width: 4.34%; vertical-align: bottom; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 41.82%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-indent: -18pt; margin-left: 18pt;">Solera LLC</div>
              </td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">03/03/21</div>
              </td>
              <td style="width: 7.69%; vertical-align: bottom; background-color: rgb(255, 255, 255);">&#160;</td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">&#160;1,497,643</div>
              </td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">&#160;63,566</div>
              </td>
            </tr>
            <tr>
              <td style="width: 4.34%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 41.82%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
                <div style="text-indent: -18pt; margin-left: 18pt;">Trader Interactive</div>
              </td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">06/15/23</div>
              </td>
              <td style="width: 7.69%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">&#160;115,385</div>
              </td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">&#160;&#8211;</div>
              </td>
            </tr>
            <tr>
              <td style="width: 4.34%; vertical-align: bottom; background-color: rgb(255, 255, 255); padding-bottom: 2px;">&#160;</td>
              <td style="width: 41.82%; vertical-align: bottom; background-color: rgb(255, 255, 255); padding-bottom: 2px;">
                <div style="text-indent: -18pt; margin-left: 18pt;">WIRB - Copernicus Group, Inc.</div>
              </td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(255, 255, 255); padding-bottom: 2px;">
                <div style="text-align: right;">08/15/22</div>
              </td>
              <td style="width: 7.69%; vertical-align: bottom; background-color: rgb(255, 255, 255); padding-bottom: 2px;">&#160;</td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(255, 255, 255); padding-bottom: 2px;">
                <div style="text-align: right;">&#160;287,347</div>
              </td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(255, 255, 255); border-bottom: 2px solid rgb(0, 0, 0);">
                <div style="text-align: right;">&#160;973</div>
              </td>
            </tr>
            <tr>
              <td style="width: 4.34%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 41.82%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 7.69%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 15.38%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">$654,716</div>
              </td>
            </tr>
            <tr>
              <td colspan="6" style="width: 100%; vertical-align: bottom; background-color: rgb(255, 255, 255);">&#160;</td>
            </tr>
            <tr>
              <td colspan="6" style="width: 100%; vertical-align: bottom;">
                <div>* The face amount is denominated in U.S. dollars unless otherwise indicated.</div>
                <div>&#160;</div>
                <div>&#160;&#160;&#160;GBP &#8211; British Pound</div>
              </td>
            </tr>
            <tr>
              <td colspan="6" style="width: 100%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="font-family: 'Franklin Gothic Book', 'Franklin Gothic Medium', sans-serif; font-size: 1pt;">&#160;</div>
              </td>
            </tr>

        </table>
        <div><br>
        </div>
        <div style="font-weight: bold;">Note 6 &#8211; Restricted Securities</div>
        <div>The securities below are considered illiquid and restricted under guidelines established by the Board:</div>
        <div><br>
        </div>
        <table style="font-family: Arial; font-size: 10pt; width: 100%; text-align: left; color: #000000;" id="z3cb688a991954f59bf260f4a0077c924" cellpadding="0" cellspacing="0">

            <tr>
              <td style="width: 49.99%; vertical-align: bottom; border-bottom: #000000 2px solid;">
                <div style="font-weight: bold;">Restricted Securities</div>
              </td>
              <td style="width: 16.66%; vertical-align: bottom; border-bottom: #000000 2px solid;">
                <div style="text-align: right; font-weight: bold;">Acquisition Date</div>
              </td>
              <td style="width: 16.66%; vertical-align: bottom; border-bottom: #000000 2px solid;">
                <div style="text-align: right; font-weight: bold;">Cost</div>
              </td>
              <td style="width: 16.68%; vertical-align: bottom; border-bottom: #000000 2px solid;">
                <div style="text-align: right; font-weight: bold;">Value</div>
              </td>
            </tr>
            <tr>
              <td style="width: 49.99%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
                <div>Airplanes Pass Through Trust</div>
              </td>
              <td style="width: 16.66%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 16.66%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 16.68%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 49.99%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="margin-left: 18pt;">2001-1A, 2.88% (1 Month USD LIBOR + 0.55%, Rate Floor: 0.55%) due 03/15/19<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1,3</sup></div>
              </td>
              <td style="width: 16.66%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">10/14/09</div>
              </td>
              <td style="width: 16.66%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">$5,384,675</div>
              </td>
              <td style="width: 16.68%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">$110,593</div>
              </td>
            </tr>
            <tr>
              <td style="width: 49.99%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
                <div>Atlas Mara Ltd.</div>
              </td>
              <td style="width: 16.66%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 16.66%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 16.68%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 49.99%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="margin-left: 18pt;">&#160;8.00% due 12/31/20</div>
              </td>
              <td style="width: 16.66%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">10/01/15</div>
              </td>
              <td style="width: 16.66%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">&#160;2,078,901</div>
              </td>
              <td style="width: 16.68%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">&#160;1,947,000</div>
              </td>
            </tr>
            <tr>
              <td style="width: 49.99%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
                <div>Beverages &amp; More, Inc.</div>
              </td>
              <td style="width: 16.66%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 16.66%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 16.68%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 49.99%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="margin-left: 18pt;">&#160;11.50% due 06/15/22</div>
              </td>
              <td style="width: 16.66%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">06/16/17</div>
              </td>
              <td style="width: 16.66%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">&#160;626,358</div>
              </td>
              <td style="width: 16.68%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">&#160;500,500</div>
              </td>
            </tr>
            <tr>
              <td style="width: 49.99%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
                <div>CBC Insurance Revenue Securitization LLC</div>
              </td>
              <td style="width: 16.66%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 16.66%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 16.68%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 49.99%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="margin-left: 18pt;">2016-1, 5.25% due 07/15/46</div>
              </td>
              <td style="width: 16.66%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">08/09/19</div>
              </td>
              <td style="width: 16.66%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">&#160;333,613</div>
              </td>
              <td style="width: 16.68%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">&#160;375,057</div>
              </td>
            </tr>
            <tr>
              <td style="width: 49.99%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
                <div>CNB Financial Corp.</div>
              </td>
              <td style="width: 16.66%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 16.66%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 16.68%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 49.99%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="margin-left: 18pt;">&#160;5.75% due 10/15/26<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">2</sup></div>
              </td>
              <td style="width: 16.66%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">09/14/16</div>
              </td>
              <td style="width: 16.66%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">&#160;2,000,000</div>
              </td>
              <td style="width: 16.68%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">&#160;2,049,979</div>
              </td>
            </tr>
            <tr>
              <td style="width: 49.99%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
                <div>FDF I Ltd.</div>
              </td>
              <td style="width: 16.66%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 16.66%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 16.68%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 49.99%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="margin-left: 18pt;">2015-1A, 7.50% due 11/12/30</div>
              </td>
              <td style="width: 16.66%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">04/22/16</div>
              </td>
              <td style="width: 16.66%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">&#160;988,013</div>
              </td>
              <td style="width: 16.68%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">&#160;988,762</div>
              </td>
            </tr>
            <tr>
              <td style="width: 49.99%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
                <div>FDF II Ltd.</div>
              </td>
              <td style="width: 16.66%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 16.66%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 16.68%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 49.99%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="margin-left: 18pt;">2016-2A, 7.70% due 05/12/31</div>
              </td>
              <td style="width: 16.66%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">04/15/16</div>
              </td>
              <td style="width: 16.66%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">2,981,981</div>
              </td>
              <td style="width: 16.68%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">2,973,312</div>
              </td>
            </tr>
            <tr>
              <td style="width: 49.99%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
                <div>FLNG Liquefaction 2 LLC</div>
              </td>
              <td style="width: 16.66%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 16.66%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 16.68%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 49.99%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="margin-left: 18pt;">&#160;4.13% due 03/31/38</div>
              </td>
              <td style="width: 16.66%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">07/23/19</div>
              </td>
              <td style="width: 16.66%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">&#160;112,542</div>
              </td>
              <td style="width: 16.68%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">&#160;122,346</div>
              </td>
            </tr>
            <tr>
              <td style="width: 49.99%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
                <div>Highland Park CDO I Ltd.</div>
              </td>
              <td style="width: 16.66%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 16.66%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 16.68%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 49.99%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="margin-left: 18pt;">2006-1A, 3.05% (3 Month USD LIBOR + 0.40%, Rate Floor: 0.00%) due 11/25/51<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1,4</sup></div>
              </td>
              <td style="width: 16.66%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">04/14/15</div>
              </td>
              <td style="width: 16.66%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">&#160;219,620</div>
              </td>
              <td style="width: 16.68%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">&#160;270,220</div>
              </td>
            </tr>
            <tr>
              <td style="width: 49.99%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
                <div>Mirabela Nickel Ltd.</div>
              </td>
              <td style="width: 16.66%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 16.66%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 16.68%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 49.99%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="margin-left: 18pt;">&#160;9.50% due 06/24/19<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">3</sup></div>
              </td>
              <td style="width: 16.66%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">12/31/13</div>
              </td>
              <td style="width: 16.66%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">&#160;1,259,370</div>
              </td>
              <td style="width: 16.68%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">&#160;69,409</div>
              </td>
            </tr>
            <tr>
              <td style="width: 49.99%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
                <div>Princess Juliana International Airport Operating Company N.V.</div>
              </td>
              <td style="width: 16.66%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 16.66%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 16.68%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 49.99%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="margin-left: 18pt;">5.50% due 12/20/27</div>
              </td>
              <td style="width: 16.66%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">12/17/12</div>
              </td>
              <td style="width: 16.66%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">&#160;1,488,201</div>
              </td>
              <td style="width: 16.68%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">&#160;1,422,812</div>
              </td>
            </tr>
            <tr>
              <td style="width: 49.99%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
                <div>Turbine Engines Securitization Ltd.</div>
              </td>
              <td style="width: 16.66%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 16.66%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 16.68%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
            </tr>
            <tr>
              <td style="width: 49.99%; vertical-align: bottom; padding-bottom: 2px; background-color: rgb(255, 255, 255);">
                <div style="margin-left: 18pt;">2013-1A, 6.38% due 12/13/48</div>
              </td>
              <td style="width: 16.66%; vertical-align: bottom; padding-bottom: 2px; background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">11/27/13</div>
              </td>
              <td style="width: 16.66%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">&#160;458,235</div>
              </td>
              <td style="width: 16.68%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
                <div style="text-align: right;">&#160;410,453</div>
              </td>
            </tr>
            <tr>
              <td style="width: 49.99%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 16.66%; vertical-align: bottom; background-color: rgb(204, 238, 255);">&#160;</td>
              <td style="width: 16.66%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">$17,931,509</div>
              </td>
              <td style="width: 16.68%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
                <div style="text-align: right;">$11,240,443</div>
              </td>
            </tr>

        </table>
        <div><br>
        </div>
        <table style="font-family: Arial; font-size: 10pt; width: 100%; text-align: left; color: #000000;" id="zf694250a53064f45b77bb33c407da462" cellpadding="0" cellspacing="0">

            <tr>
              <td style="width: 4%; vertical-align: top;">
                <div style="text-align: right;">1</div>
              </td>
              <td colspan="1" style="width: 1%; vertical-align: bottom;">&#160;</td>
              <td style="width: 95%; vertical-align: bottom;">
                <div>Variable rate security.&#160;&#160;Rate indicated is the rate effective at August 31, 2019. In some instances, the effective rate is limited by a minimum rate floor or a maximum rate cap established by the issuer. The settlement status of a
                  position may also impact the effective rate indicated. In some cases, a position may be unsettled at period end and may not have a stated effective rate. In instances where multiple underlying reference rates and spread amounts are shown,
                  the effective rate is based on a weighted average.</div>
              </td>
            </tr>
            <tr>
              <td style="width: 4%; vertical-align: top;">
                <div style="text-align: right;">2</div>
              </td>
              <td colspan="1" style="width: 1%; vertical-align: bottom;">&#160;</td>
              <td style="width: 95%; vertical-align: bottom;">
                <div>Security has a fixed rate coupon which will convert to a floating or variable rate coupon on a future date.</div>
              </td>
            </tr>
            <tr>
              <td style="width: 4%; vertical-align: top;">
                <div style="text-align: right;">3</div>
              </td>
              <td colspan="1" style="width: 1%; vertical-align: bottom;">&#160;</td>
              <td style="width: 95%; vertical-align: bottom;">
                <div>Security is in default of interest and/or principal obligations.</div>
              </td>
            </tr>
            <tr>
              <td style="width: 4%; vertical-align: top;">
                <div style="text-align: right;">4</div>
              </td>
              <td colspan="1" style="width: 1%; vertical-align: bottom;">&#160;</td>
              <td style="width: 95%; vertical-align: bottom;">
                <div>All or a portion of this security has been physically segregated in connection with futures contracts, reverse repurchase agreements or unfunded loan commitments. <br>
                </div>
              </td>
            </tr>

        </table>
        <div><br>
        </div>
        <div>&#160;</div>
        <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
          <div style="page-break-after:always;" id="DSPFPageBreak">
            <hr style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;" noshade="noshade"></div>
        </div>
        <div>
          <div>
            <div style="font-size: 18pt; font-weight: bold;">OTHER INFORMATION (Unaudited)
              <hr style="height: 2px; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;" align="center" noshade="noshade"></div>
          </div>
        </div>
        <div style="margin-top: 12pt; margin-bottom: 3pt;">
          <div style="font-weight: bold;"> <br>
          </div>
          <div style="font-weight: bold;">Sector Classification</div>
          <div>Information in the &#8220;Schedule of Investments&#8221; is categorized by sectors using sector-level classifications used by Bloomberg Industry Classification System, a widely recognized industry classification system provider. In the Fund&#8217;s
            registration statement, the Fund has investment policies relating to concentration in specific industries. For purposes of these investment policies, the Fund usually classifies industries based on industry-level classifications used by widely
            recognized industry classification system providers such as Bloomberg Industry Classification System, Global Industry Classification Standards and Barclays Global Classification Scheme.</div>
          <div> <br>
          </div>
          <div> <br>
          </div>
        </div>
      </div>
    </div>
  </div>
</body>
</html>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
