<SEC-DOCUMENT>0001752724-20-211941.txt : 20201022
<SEC-HEADER>0001752724-20-211941.hdr.sgml : 20201022
<ACCEPTANCE-DATETIME>20201022132352
ACCESSION NUMBER:		0001752724-20-211941
CONFORMED SUBMISSION TYPE:	NPORT-P/A
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20190930
FILED AS OF DATE:		20201022
PERIOD START:           	20191231

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FRANKLIN LTD DURATION INCOME TRUST
		CENTRAL INDEX KEY:			0001233087
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE

	FILING VALUES:
		FORM TYPE:		NPORT-P/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-21357
		FILM NUMBER:		201253584

	BUSINESS ADDRESS:	
		STREET 1:		ONE FRANKLIN PARKWAY
		CITY:			SAN MATEO
		STATE:			CA
		ZIP:			94403
		BUSINESS PHONE:		650-312-2000

	MAIL ADDRESS:	
		STREET 1:		ONE FRANKLIN PARKWAY
		CITY:			SAN MATEO
		STATE:			CA
		ZIP:			94403-1906

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	FRANKLIN TEMPLETON LTD DURATION INCOME TRUST
		DATE OF NAME CHANGE:	20060111

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	FRANKLIN TEMPLETON LIMITED DURATION INCOME TRUST
		DATE OF NAME CHANGE:	20030718

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	FRANKLIN TEMPLETON STRATEGIC INCOME TRUST
		DATE OF NAME CHANGE:	20030515
</SEC-HEADER>
<DOCUMENT>
<TYPE>NPORT-P/A
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
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    <accessionNumber>0001752724-19-185708</accessionNumber>
    <filerInfo>

      <filer>
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          <ccc>XXXXXXXX</ccc>
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      <regLei>P58SM14RY02PYB0IA680</regLei>
      <regStreet1>One Franklin Parkway</regStreet1>
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      <regZipOrPostalCode>94403-1906</regZipOrPostalCode>
      <regPhone>650-312-2000</regPhone>
      <seriesName>Franklin Limited Duration Income Trust </seriesName>
      <seriesLei>P58SM14RY02PYB0IA680</seriesLei>
      <repPdEnd>2019-12-31</repPdEnd>
      <repPdDate>2019-09-30</repPdDate>
      <isFinalFiling>N</isFinalFiling>
    </genInfo>
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      <totLiabs>119386871.27</totLiabs>
      <netAssets>304777882.45</netAssets>
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        <title>Digicel Group One Ltd 8.25% 12/30/2022 144A</title>
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        <name>GOVT NATL MORTG ASSN 6.50% 12/15/2033 GN SINGLE FAMILY P</name>
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        <title>GOVT NATL MORTG ASSN 6.50% 12/15/2033 GN SINGLE FAMILY P</title>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isDefault>N</isDefault>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FANNIE MAE 5.50% 06/01/2037 FNL FNCL</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FANNIE MAE 5.50% 06/01/2037 FNL FNCL</title>
        <cusip>31412XKA1</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="549119"/>
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        <balance>248181.94000000</balance>
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        <curCd>USD</curCd>
        <valUSD>279572.48000000</valUSD>
        <pctVal>0.091729910895</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FEDERAL HOME LOAN MORTGAGE CORP 6.00% 11/01/2033      FHLMC G30</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FEDERAL HOME LOAN MORTGAGE CORP 6.00% 11/01/2033      FHLMC G30</title>
        <cusip>31296QKB5</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="341589"/>
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        <balance>40720.54000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>46888.04000000</valUSD>
        <pctVal>0.015384331573</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>UNITED RENTALS NORTH AMERICA INC 5.875% 09/15/2026</name>
        <lei>NGIZXNT70J2LYT3FBI09</lei>
        <title>UNITED RENTALS NORTH AMERICA INC 5.875% 09/15/2026</title>
        <cusip>911365BE3</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="633095"/>
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        <balance>600000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>642030.00000000</valUSD>
        <pctVal>0.210655049782</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GOVT NATL MORTG ASSN 8.00% 03/20/2030   GNMA II</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GOVT NATL MORTG ASSN 8.00% 03/20/2030   GNMA II</title>
        <cusip>36202DGE5</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="190850"/>
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        <balance>12244.12000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>14699.36000000</valUSD>
        <pctVal>0.004822974646</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-03-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GOVT NATL MORTG ASSN 8.00% 09/20/2030      GNMA II</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GOVT NATL MORTG ASSN 8.00% 09/20/2030      GNMA II</title>
        <cusip>36202DJS1</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="307779"/>
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        <balance>2852.02000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3438.59000000</valUSD>
        <pctVal>0.001128228194</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SANCHEZ ENERGY CORP 6.125% 01/15/2023 *DEFAULT*</name>
        <lei>549300SB0HTIM17TVR61</lei>
        <title>SANCHEZ ENERGY CORP 6.125% 01/15/2023 *DEFAULT*</title>
        <cusip>79970YAD7</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="597640"/>
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        <balance>300000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>20250.00000000</valUSD>
        <pctVal>0.006644182916</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-01-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>6.12500000</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FANNIE MAE 4.00% 12/01/2044 FNL FNCL</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FANNIE MAE 4.00% 12/01/2044 FNL FNCL</title>
        <cusip>3138WDT43</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="619143"/>
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        <balance>311149.02000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>328699.82000000</valUSD>
        <pctVal>0.107848974262</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Diamond Sports Group LLC / Diamond Sports Finance Co 5.375% 08/15/2026 144A</name>
        <lei>N/A</lei>
        <title>Diamond Sports Group LLC / Diamond Sports Finance Co 5.375% 08/15/2026 144A</title>
        <cusip>25277LAA4</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="998600"/>
        </identifiers>
        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>520000.00000000</valUSD>
        <pctVal>0.170616055148</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Structured Asset Investment Loan Trust 2003-BC2 FRN 04/25/2033 03-BC2 CL M3</name>
        <lei>N/A</lei>
        <title>Structured Asset Investment Loan Trust 2003-BC2 FRN 04/25/2033 03-BC2 CL M3</title>
        <cusip>86358EAQ9</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="286074"/>
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        <balance>13987.11000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>14379.45000000</valUSD>
        <pctVal>0.004718009681</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-04-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.89338000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Kingpin Intermediate Holdings LLC 5.75% 07/03/2024 Amendment No. 2 Term Loans</name>
        <lei>549300HRZOJTMNZCST05</lei>
        <title>Kingpin Intermediate Holdings LLC 5.75% 07/03/2024 Amendment No. 2 Term Loans</title>
        <cusip>49579GAF9</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="877352"/>
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        <balance>1980000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1989900.00000000</valUSD>
        <pctVal>0.652901707959</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-07-03</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.61000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>LAMB WESTON HOLDINGS INC 4.625% 11/01/2024 144A</name>
        <lei>5493005SMYID1D2OY946</lei>
        <title>LAMB WESTON HOLDINGS INC 4.625% 11/01/2024 144A</title>
        <cusip>513272AA2</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="651895"/>
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        <balance>1100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1163140.00000000</valUSD>
        <pctVal>0.381635304586</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CIENA CORP 6.5% 9/28/2025 2018 Term Loan</name>
        <lei>W0CZ7N0GH8UIGXDM1H41</lei>
        <title>CIENA CORP 6.5% 9/28/2025 2018 Term Loan</title>
        <cusip>17178HAL6</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="932963"/>
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        <balance>2051166.30000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2064626.05000000</valUSD>
        <pctVal>0.677419907705</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-09-28</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.04425000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>OWENS-BROCKWAY GLASS CONTAINER INC 5.00% 01/15/2022 144A</name>
        <lei>V2UQUCDZJ9WY98W8QU33</lei>
        <title>OWENS-BROCKWAY GLASS CONTAINER INC 5.00% 01/15/2022 144A</title>
        <cusip>690872AA4</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="592326"/>
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        <balance>900000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>931680.00000000</valUSD>
        <pctVal>0.305691473577</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FANNIE MAE 3.50% 11/01/2047 FNMA</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FANNIE MAE 3.50% 11/01/2047 FNMA</title>
        <cusip>31418CRC0</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="678881"/>
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        <balance>2220982.79000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2298693.58000000</valUSD>
        <pctVal>0.754219289641</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>REYNOLDS GROUP ISSUER INC/LLC/SA 7.00% 07/15/2024 144A</name>
        <lei>N/A</lei>
        <title>REYNOLDS GROUP ISSUER INC/LLC/SA 7.00% 07/15/2024 144A</title>
        <cusip>761735AV1</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="637192"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>103812.50000000</valUSD>
        <pctVal>0.034061690817</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>INNOVIVA INC 6.3725% 08/18/2022 INITIAL TERM LOAN</name>
        <lei>549300ACOX4QTBES6535</lei>
        <title>INNOVIVA INC 6.3725% 08/18/2022 INITIAL TERM LOAN</title>
        <cusip>45783EAB3</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="671679"/>
        </identifiers>
        <balance>110000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>108350.00000000</valUSD>
        <pctVal>0.035550479952</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-08-18</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.65150000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FANNIE MAE 4.50% 03/01/2044 FNMA</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FANNIE MAE 4.50% 03/01/2044 FNMA</title>
        <cusip>3138XMK66</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="589291"/>
        </identifiers>
        <balance>3937.51000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4236.02000000</valUSD>
        <pctVal>0.001389871196</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
          <isDefault>N</isDefault>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GOVT NATL MORTG ASSN 6.50% 09/15/2032 GN SINGLE FAMILY P</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GOVT NATL MORTG ASSN 6.50% 09/15/2032 GN SINGLE FAMILY P</title>
        <cusip>36201SG60</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="304871"/>
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        <curCd>USD</curCd>
        <valUSD>52787.22000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>UBS AG LONDON 3.108% 11/14/2019 REPO</name>
        <lei>BFM8T61CT2L1QCEMIK50</lei>
        <title>UBS AG LONDON 3.108% 11/14/2019 REPO</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Sec ID" value="1002104"/>
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        <balance>-1547200.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>-1547200.00000000</valUSD>
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        <assetCat>RA</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <transCat>Reverse repurchase</transCat>
          <notClearedCentCparty isCleared="N">
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            <repurchaseCollateral>
              <principalAmt>2000000</principalAmt>
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        <securityLending>
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      <invstOrSec>
        <name>WEX INC 6.5% 05/17/2026 Term B-3 Loan</name>
        <lei>T9M5IGROL1TL1G5OV478</lei>
        <title>WEX INC 6.5% 05/17/2026 Term B-3 Loan</title>
        <cusip>96208UAP6</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="982822"/>
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        <balance>1920760.45000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1933725.58000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-17</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.36200000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NAVIENT CORP 6.50% 06/15/2022</name>
        <lei>54930067J0ZNOEBRW338</lei>
        <title>NAVIENT CORP 6.50% 06/15/2022</title>
        <cusip>63938CAF5</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="661344"/>
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        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>213500.00000000</valUSD>
        <pctVal>0.070051014950</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>JELD-WEN INC 4.625% 12/15/2025 144A</name>
        <lei>549300XWE6NM0N1HFW16</lei>
        <title>JELD-WEN INC 4.625% 12/15/2025 144A</title>
        <cusip>475795AC4</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="680414"/>
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        <balance>1600000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1610000.00000000</valUSD>
        <pctVal>0.528253555362</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>AVIS BUDGET CAR RENTAL LLC 4.31% 02/13/2025 TRANCHE B TERM LOANS</name>
        <lei>XN8R4HH1TVC1XOCL5P21</lei>
        <title>AVIS BUDGET CAR RENTAL LLC 4.31% 02/13/2025 TRANCHE B TERM LOANS</title>
        <cusip>05377JAP7</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="684339"/>
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        <balance>2375737.37000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2379075.28000000</valUSD>
        <pctVal>0.780593152257</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-02-13</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.12000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FANNIE MAE 3.915% 06/01/2032     FNMA ARM</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FANNIE MAE 3.915% 06/01/2032     FNMA ARM</title>
        <cusip>31390HWR2</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="319957"/>
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        <balance>10264.53800000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10316.02000000</valUSD>
        <pctVal>0.003384766610</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-06-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.91500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FANNIE MAE 3.5% 10/01/2048 FNL</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FANNIE MAE 3.5% 10/01/2048 FNL</title>
        <cusip>31418C3C6</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="940625"/>
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        <balance>1345760.82000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1385428.24000000</valUSD>
        <pctVal>0.454569809614</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HORIZON PHARMA INC 4.9375% 05/22/2026 Sixth Amendment Refinanced Term Loans</name>
        <lei>549300XKTPCO4GUSJY52</lei>
        <title>HORIZON PHARMA INC 4.9375% 05/22/2026 Sixth Amendment Refinanced Term Loans</title>
        <cusip>44043VAL2</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="983699"/>
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        <balance>1057048.55000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1062333.79000000</valUSD>
        <pctVal>0.348560000962</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-22</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SPRINT CORP 7.875% 09/15/2023</name>
        <lei>549300ZTTY7CXOLJ6539</lei>
        <title>SPRINT CORP 7.875% 09/15/2023</title>
        <cusip>85207UAF2</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="590243"/>
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        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1100960.00000000</valUSD>
        <pctVal>0.361233561684</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.87500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>DAVITA INC 6.5% 08/12/2026 Tranche B Term Loan</name>
        <lei>M2XHYMU3TZNEZURC6H66</lei>
        <title>DAVITA INC 6.5% 08/12/2026 Tranche B Term Loan</title>
        <cusip>23918VAX2</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="1000971"/>
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        <balance>957702.07000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>964153.15000000</valUSD>
        <pctVal>0.316346167329</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-12</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.43100000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>B&amp;G Foods Inc 5.25% 09/15/2027</name>
        <lei>549300TRW1LZMDJZAQ78</lei>
        <title>B&amp;G Foods Inc 5.25% 09/15/2027</title>
        <cusip>05508WAB1</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="1010650"/>
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        <balance>400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>409540.00000000</valUSD>
        <pctVal>0.134373267741</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ARGENT SECURITIES INC FRN 10/25/2033   2003-W5, M4</name>
        <lei>N/A</lei>
        <title>ARGENT SECURITIES INC FRN 10/25/2033   2003-W5, M4</title>
        <cusip>040104CA7</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="287120"/>
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        <balance>93150.96000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>105750.02000000</valUSD>
        <pctVal>0.034697406238</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-10-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.40106100</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CCO HOLDINGS LLC/CAPITAL CORP 5.25% 09/30/2022</name>
        <lei>N/A</lei>
        <title>CCO HOLDINGS LLC/CAPITAL CORP 5.25% 09/30/2022</title>
        <cusip>1248EPAY9</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="564809"/>
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        <balance>1500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1520025.00000000</valUSD>
        <pctVal>0.498732056204</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-09-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Whatabrands LLC 6.5% 08/02/2026 Term B Loans</name>
        <lei>N/A</lei>
        <title>Whatabrands LLC 6.5% 08/02/2026 Term B Loans</title>
        <cusip>96244UAB3</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="998524"/>
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        <balance>428908.18000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>431397.56000000</valUSD>
        <pctVal>0.141544903630</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-02</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.51563000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Panther BF Aggregator 2 LP 6.5% 04/30/2026 Initial Dollar Term Loan</name>
        <lei>549300474L1ZLXZY2P98</lei>
        <title>Panther BF Aggregator 2 LP 6.5% 04/30/2026 Initial Dollar Term Loan</title>
        <cusip>C8000CAB9</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="966609"/>
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        <balance>1818854.12000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1809001.39000000</valUSD>
        <pctVal>0.593547463306</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-04-30</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.61200000</annualizedRt>
          <isDefault>N</isDefault>
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      <invstOrSec>
        <name>ENQUEST PLC 7.00%/7.00% 04/15/2022 TOGG PIK 144A</name>
        <lei>2138008LJU6WFQWOXJ73</lei>
        <title>ENQUEST PLC 7.00%/7.00% 04/15/2022 TOGG PIK 144A</title>
        <cusip>G315APAC2</cusip>
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          <other otherDesc="Internal Identifier" value="654044"/>
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        <curCd>USD</curCd>
        <valUSD>787863.33000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>VISTRA ENERGY CORP ESCROW ACCOUNT USD NPV REF SM # 492176</name>
        <lei>549300KP43CPCUJOOG15</lei>
        <title>VISTRA ENERGY CORP ESCROW ACCOUNT USD NPV REF SM # 492176</title>
        <cusip>882ESCAM8</cusip>
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          <other otherDesc="Internal Identifier" value="647506"/>
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        <curCd>USD</curCd>
        <valUSD>9000.00000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>HALCON RESOURCES CORP WTS EXP 09/09/2020</name>
        <lei>3XHTN2NNIMMPORDAMJ28</lei>
        <title>HALCON RESOURCES CORP WTS EXP 09/09/2020</title>
        <cusip>40537Q118</cusip>
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          <ticker value="HKRWQ"/>
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        <descOthUnits>Warrants</descOthUnits>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>FANNIE MAE 6.00% 07/01/2036      FNMA 30</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FANNIE MAE 6.00% 07/01/2036      FNMA 30</title>
        <cusip>31410SQE0</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="481416"/>
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        <curCd>USD</curCd>
        <valUSD>20690.85000000</valUSD>
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        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>SS&amp;C TECHNOLOGIES INC 6.5% 04/16/2025 Term B-5 Loan</name>
        <lei>549300KY09TR3J12JU49</lei>
        <title>SS&amp;C TECHNOLOGIES INC 6.5% 04/16/2025 Term B-5 Loan</title>
        <cusip>78466DBF0</cusip>
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          <other otherDesc="Internal Identifier" value="939536"/>
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        <curCd>USD</curCd>
        <valUSD>995451.73000000</valUSD>
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        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-04-16</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Berry Global Inc 6.5% 10/01/2022 Term Q Loan</name>
        <lei>549300AP2Q7ERHX6RI89</lei>
        <title>Berry Global Inc 6.5% 10/01/2022 Term Q Loan</title>
        <cusip>08579JAX0</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="871887"/>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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        <name>NATIONAL MENTOR HOLDINGS INC 6.5% 03/08/2026 Initial Term C Loans</name>
        <lei>5493004QULJVJP3CNZ62</lei>
        <title>NATIONAL MENTOR HOLDINGS INC 6.5% 03/08/2026 Initial Term C Loans</title>
        <cusip>63689EAK1</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="960312"/>
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        <balance>61330.81000000</balance>
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        <curCd>USD</curCd>
        <valUSD>61535.23000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-03-08</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>HAT Holdings I LLC / HAT Holdings II LLC 5.25% 07/15/2024 144A</name>
        <lei>N/A</lei>
        <title>HAT Holdings I LLC / HAT Holdings II LLC 5.25% 07/15/2024 144A</title>
        <cusip>418751AA1</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="993561"/>
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        <balance>600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>632250.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>DAE FUNDING LLC 4.00% 08/01/2020 144A</name>
        <lei>635400SZTPQL3Y1P2C76</lei>
        <title>DAE FUNDING LLC 4.00% 08/01/2020 144A</title>
        <cusip>23371DAC8</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="670702"/>
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        <balance>800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>806000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HERTZ CORP 5.9463% 06/30/2023 Tranche B-1 Term Loan </name>
        <lei>549300PD0C69OJ0NLB27</lei>
        <title>HERTZ CORP 5.9463% 06/30/2023 Tranche B-1 Term Loan </title>
        <cusip>42804VAM3</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="638610"/>
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        <balance>2194110.18000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2196396.44000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-06-30</maturityDt>
          <couponKind>Floating</couponKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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        <name>NAVISTAR INC 5.89% 11/06/2024 Tranche B Term Loan</name>
        <lei>4EW4JDYTYMZ6D6T42H76</lei>
        <title>NAVISTAR INC 5.89% 11/06/2024 Tranche B Term Loan</title>
        <cusip>63937YAE1</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="677535"/>
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        <balance>3108590.30000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3103712.92000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>LIONS GATE ENTERTAINMENT CORP 6.50% 03/22/2023 TERM A LOAN</name>
        <lei>5493000JSMHPHZURLM72</lei>
        <title>LIONS GATE ENTERTAINMENT CORP 6.50% 03/22/2023 TERM A LOAN</title>
        <cusip>53627MAC7</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="687077"/>
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        <balance>1391382.66000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1372251.15000000</valUSD>
        <pctVal>0.450246303625</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-03-22</maturityDt>
          <couponKind>Floating</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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        <name>Diamondback Energy Inc 4.75% 11/01/2024</name>
        <lei>549300R22LSX6OHWEN64</lei>
        <title>Diamondback Energy Inc 4.75% 11/01/2024</title>
        <cusip>25278XAE9</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="999328"/>
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        <curCd>USD</curCd>
        <valUSD>923625.00000000</valUSD>
        <pctVal>0.303048565261</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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        <name>GOVT NATL MORTG ASSN 8.00% 01/20/2031      GNMA II</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GOVT NATL MORTG ASSN 8.00% 01/20/2031      GNMA II</title>
        <cusip>36202DLH2</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="307780"/>
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        <balance>4609.18000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5598.62000000</valUSD>
        <pctVal>0.001836950882</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>8.00000000</annualizedRt>
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      <invstOrSec>
        <name>UBS AG LONDON 3.108% 11/14/2019 REPO</name>
        <lei>BFM8T61CT2L1QCEMIK50</lei>
        <title>UBS AG LONDON 3.108% 11/14/2019 REPO</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Sec ID" value="1002103"/>
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        <balance>-2364000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>-2364000.00000000</valUSD>
        <pctVal>-0.77564683532</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>RA</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <transCat>Reverse repurchase</transCat>
          <notClearedCentCparty isCleared="N">
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              <counterpartyInfo lei="BFM8T61CT2L1QCEMIK53" name="UBS AG LONDON"/>
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          <maturityDt>2019-11-14</maturityDt>
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              <principalAmt>3000000</principalAmt>
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              <collateralVal>2970369.62</collateralVal>
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              <invstCat>ABS</invstCat>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FEDERAL HOME LOAN MORTGAGE CORP 6.50% 03/01/2038      FHLMC G30</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FEDERAL HOME LOAN MORTGAGE CORP 6.50% 03/01/2038      FHLMC G30</title>
        <cusip>3128M6CW6</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="479478"/>
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        <balance>14386.59000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>16520.05000000</valUSD>
        <pctVal>0.005420357234</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CARBONITE INC 6.5% 03/26/2026 Initial Term Loan</name>
        <lei>5493000SNSOGP6ZC5R33</lei>
        <title>CARBONITE INC 6.5% 03/26/2026 Initial Term Loan</title>
        <cusip>14133HAB9</cusip>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>REMINGTON OUTDOOR CO INC ESRW REF SM#518763 *Litigation Units-NIB*</name>
        <lei>N/A</lei>
        <title>REMINGTON OUTDOOR CO INC ESRW REF SM#518763 *Litigation Units-NIB*</title>
        <cusip>000000000</cusip>
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          <other otherDesc="Internal Sec ID" value="914325"/>
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        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>0.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HANESBRANDS INC 4.625% 05/15/2024 144A</name>
        <lei>GX5LWVWZLL5S4W1L2F20</lei>
        <title>HANESBRANDS INC 4.625% 05/15/2024 144A</title>
        <cusip>410345AJ1</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="633410"/>
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        <curCd>USD</curCd>
        <valUSD>1058760.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>FMG RESOURCES AUGUST 2006 PTY LTD 4.75% 05/15/2022 144A</name>
        <lei>549300EFD6S2NFE9D745</lei>
        <title>FMG RESOURCES AUGUST 2006 PTY LTD 4.75% 05/15/2022 144A</title>
        <cusip>30251GAU1</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="665771"/>
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        <balance>700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>720125.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>GRAY TELEVISION INC 4.34025% 02/07/2024 Term B-2 Loan</name>
        <lei>529900TM5726KDN7UU35</lei>
        <title>GRAY TELEVISION INC 4.34025% 02/07/2024 Term B-2 Loan</title>
        <cusip>389376AX2</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="658801"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-02-07</maturityDt>
          <couponKind>Floating</couponKind>
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        <name>SPRINT CORP 7.125% 06/15/2024</name>
        <lei>549300ZTTY7CXOLJ6539</lei>
        <title>SPRINT CORP 7.125% 06/15/2024</title>
        <cusip>85207UAH8</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="590231"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>CATALENT PHARMA SOLUTIONS INC 4.875% 01/15/2026 144A</name>
        <lei>549300HALRZ339MSTH85</lei>
        <title>CATALENT PHARMA SOLUTIONS INC 4.875% 01/15/2026 144A</title>
        <cusip>14879EAD0</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="676611"/>
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        <balance>1200000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>UNIVAR USA INC 6.5% 07/01/2024 Term B-3 Loans</name>
        <lei>5493008FTB9VZW6CVA82</lei>
        <title>UNIVAR USA INC 6.5% 07/01/2024 Term B-3 Loans</title>
        <cusip>91335PAE9</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="871676"/>
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        <curCd>USD</curCd>
        <valUSD>615061.41000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-07-01</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>MALLINCKRODT INTERNATIONAL FINANCE SA/MALLINCKRODT CB LLC 5.20299% 09/24/2024 2017 Term B Loans</name>
        <lei>N/A</lei>
        <title>MALLINCKRODT INTERNATIONAL FINANCE SA/MALLINCKRODT CB LLC 5.20299% 09/24/2024 2017 Term B Loans</title>
        <cusip>L6232UAF4</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="660909"/>
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        <curCd>USD</curCd>
        <valUSD>449341.35000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-09-24</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.07988000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>Nexstar Escrow Inc 5.625% 07/15/2027 144A</name>
        <lei>N/A</lei>
        <title>Nexstar Escrow Inc 5.625% 07/15/2027 144A</title>
        <cusip>65343HAA9</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="992526"/>
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        <curCd>USD</curCd>
        <valUSD>1050000.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
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      <invstOrSec>
        <name>TAYLOR MORRISON COMMUNITIES INC / TAYLOR MORRISO 5.875% 04/15/2023 144A</name>
        <lei>N/A</lei>
        <title>TAYLOR MORRISON COMMUNITIES INC / TAYLOR MORRISO 5.875% 04/15/2023 144A</title>
        <cusip>87724LAA3</cusip>
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          <other otherDesc="Internal Identifier" value="600979"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>HCA INC 7.50% 02/15/2022</name>
        <lei>L3CJ6J7LJ2DX62FTXD46</lei>
        <title>HCA INC 7.50% 02/15/2022</title>
        <cusip>404121AD7</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="499652"/>
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        <curCd>USD</curCd>
        <valUSD>555400.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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        <name>Murray Energy Corp 12%/ 9.00% CASH+3.00% PIK HYBRID 4/15/24 TOGG 144A</name>
        <lei>549300WM5IIFYHZYTT63</lei>
        <title>Murray Energy Corp 12%/ 9.00% CASH+3.00% PIK HYBRID 4/15/24 TOGG 144A</title>
        <cusip>62704PAM5</cusip>
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          <other otherDesc="Internal Identifier" value="912469"/>
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        <curCd>USD</curCd>
        <valUSD>7577.34000000</valUSD>
        <pctVal>0.002486184344</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.00000000</annualizedRt>
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      <invstOrSec>
        <name>FANNIE MAE 4% 10/01/2047 FNL</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FANNIE MAE 4% 10/01/2047 FNL</title>
        <cusip>3140J6GM3</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="980679"/>
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        <balance>9967197.81000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10452800.88000000</valUSD>
        <pctVal>3.429645483449</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FANNIE MAE 3.50% 04/01/2045 FNL FNCL</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FANNIE MAE 3.50% 04/01/2045 FNL FNCL</title>
        <cusip>3138YPVA7</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="622907"/>
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        <balance>17511.06000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>18249.83000000</valUSD>
        <pctVal>0.005987911541</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FANNIE MAE 4.10% 07/01/2034     FNMA ARM</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FANNIE MAE 4.10% 07/01/2034     FNMA ARM</title>
        <cusip>31405QDY1</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="324198"/>
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        <balance>227417.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>236270.91000000</valUSD>
        <pctVal>0.077522328097</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.10000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>AIR MEDICAL GROUP HOLDINGS INC 6.50% 03/14/2025 2018 NEW TERM LOANS</name>
        <lei>N/A</lei>
        <title>AIR MEDICAL GROUP HOLDINGS INC 6.50% 03/14/2025 2018 NEW TERM LOANS</title>
        <cusip>00169QAD1</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="675026"/>
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        <balance>1979848.88000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1858583.14000000</valUSD>
        <pctVal>0.609815622137</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-03-14</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.36200000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Consumer Loan Underlying Bond Certificate Issuer Trust I Series 2019-SLCT3 FRN 06/15/2044 144A</name>
        <lei>N/A</lei>
        <title>Consumer Loan Underlying Bond Certificate Issuer Trust I Series 2019-SLCT3 FRN 06/15/2044 144A</title>
        <cusip>21055RAA8</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="982836"/>
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        <balance>1873136.27000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1751249.05000000</valUSD>
        <pctVal>0.574598470178</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-06-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>13.810573</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>EFS COGEN HOLDINGS I LLC (LINDEN) 5.56% 06/28/2023 Term B Advance</name>
        <lei>549300KDKPYR8NXXKI52</lei>
        <title>EFS COGEN HOLDINGS I LLC (LINDEN) 5.56% 06/28/2023 Term B Advance</title>
        <cusip>26844HAE7</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="655255"/>
        </identifiers>
        <balance>2253533.24000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2249589.56000000</valUSD>
        <pctVal>0.738107877748</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-06-28</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.52068000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ARDAGH PACKAGING FINANCE PLC/MP HOLDINGS USA INC 6.00% 02/15/2025 144A</name>
        <lei>N/A</lei>
        <title>ARDAGH PACKAGING FINANCE PLC/MP HOLDINGS USA INC 6.00% 02/15/2025 144A</title>
        <cusip>03969AAL4</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="658343"/>
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        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>523750.00000000</valUSD>
        <pctVal>0.171846459391</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Berry Global Inc 6.5% 07/01/2026 Term U Loans</name>
        <lei>549300AP2Q7ERHX6RI89</lei>
        <title>Berry Global Inc 6.5% 07/01/2026 Term U Loans</title>
        <cusip>08579JBC5</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="982924"/>
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        <balance>775200.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>779824.84000000</valUSD>
        <pctVal>0.255866611360</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.54900000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GOVT NATL MORTG ASSN 7.00% 01/20/2029      GNMA II</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GOVT NATL MORTG ASSN 7.00% 01/20/2029      GNMA II</title>
        <cusip>36202DAB7</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="291510"/>
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        <balance>16624.32000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>19040.75000000</valUSD>
        <pctVal>0.006247418561</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-01-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>REYNOLDS GROUP ISSUER INC/LLC/SA FRN 07/15/2021 144A</name>
        <lei>N/A</lei>
        <title>REYNOLDS GROUP ISSUER INC/LLC/SA FRN 07/15/2021 144A</title>
        <cusip>761735AR0</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="637248"/>
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        <balance>400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>401500.00000000</valUSD>
        <pctVal>0.131735281042</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-07-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.80338000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Clearway Energy Operating LLC 5.375% 08/15/2024</name>
        <lei>549300Z3NFMM54NWBB87</lei>
        <title>Clearway Energy Operating LLC 5.375% 08/15/2024</title>
        <cusip>62943WAB5</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="607500"/>
        </identifiers>
        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>515000.00000000</valUSD>
        <pctVal>0.168975516156</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Scripps Escrow Inc 5.875% 07/15/2027 144A</name>
        <lei>N/A</lei>
        <title>Scripps Escrow Inc 5.875% 07/15/2027 144A</title>
        <cusip>81104PAA7</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="997461"/>
        </identifiers>
        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>508750.00000000</valUSD>
        <pctVal>0.166924842416</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>KFC HLDG/PIZZA HUT/TACO BELL 6.50% 04/03/2025 TERM LOAN B</name>
        <lei>N/A</lei>
        <title>KFC HLDG/PIZZA HUT/TACO BELL 6.50% 04/03/2025 TERM LOAN B</title>
        <cusip>72584DAE4</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="687770"/>
        </identifiers>
        <balance>1695186.76000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1698492.37000000</valUSD>
        <pctVal>0.557288592054</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-04-03</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.79088000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Digicel Ltd 6.00% 04/15/2021 144A</name>
        <lei>N/A</lei>
        <title>Digicel Ltd 6.00% 04/15/2021 144A</title>
        <cusip>25380QAG4</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="543353"/>
        </identifiers>
        <balance>700000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>497000.00000000</valUSD>
        <pctVal>0.163069575785</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ancestrycom Operations Inc 5.66% 10/19/2023 Non-Extended Term Loans</name>
        <lei>N/A</lei>
        <title>Ancestrycom Operations Inc 5.66% 10/19/2023 Non-Extended Term Loans</title>
        <cusip>03280FAH4</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="920933"/>
        </identifiers>
        <balance>1984784.23000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1978994.61000000</valUSD>
        <pctVal>0.649323564456</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-10-19</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.87000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FANNIE MAE 3.50% 10/01/2048 FHLMC</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FANNIE MAE 3.50% 10/01/2048 FHLMC</title>
        <cusip>01F0326A7</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="927900"/>
        </identifiers>
        <balance>5600000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5745906.21000000</valUSD>
        <pctVal>1.885276636155</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>U.S. FOODS INC 6.5% 06/27/2023 Initial Term Loans</name>
        <lei>5493000JOOFAOUY1JZ87</lei>
        <title>U.S. FOODS INC 6.5% 06/27/2023 Initial Term Loans</title>
        <cusip>90351HAB4</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="871682"/>
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        <balance>567684.50000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>570227.16000000</valUSD>
        <pctVal>0.187095978033</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-06-27</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.11200000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ASURION LLC 6.5% 11/03/2023 Replacement B-6 Term Loans</name>
        <lei>549300KNQVXGIOXWK278</lei>
        <title>ASURION LLC 6.5% 11/03/2023 Replacement B-6 Term Loans</title>
        <cusip>04649VAV2</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="871262"/>
        </identifiers>
        <balance>330731.67000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>332350.93000000</valUSD>
        <pctVal>0.109046931925</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-11-03</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.11200000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GOVT NATL MORTG ASSN 8.00% 08/20/2030      GNMA II</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GOVT NATL MORTG ASSN 8.00% 08/20/2030      GNMA II</title>
        <cusip>36202DJB8</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="307778"/>
        </identifiers>
        <balance>169.41000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>204.11000000</valUSD>
        <pctVal>0.000066970082</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Adient US LLC 7% 05/15/2026 144A</name>
        <lei>213800SOTRCDGZUHL712</lei>
        <title>Adient US LLC 7% 05/15/2026 144A</title>
        <cusip>00688JAA5</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="978567"/>
        </identifiers>
        <balance>1300000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1361750.00000000</valUSD>
        <pctVal>0.446800794418</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
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        <name>JPMORGAN CHASE &amp; CO 6.00% 2/1/2168 PERP</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Consumer Loan Underlying Bond Certificate Issuer Trust I Series 2019-SLCT1 FRN 04/15/2044 144A S1 PT</name>
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        <name>FANNIE MAE 3.50% 06/01/2045 FNL FNCL</name>
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        <name>FANNIE MAE 4.00% 04/01/2048 FNL FNCL</name>
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        <name>LENDING CLUB 4472 MARKETPLACE LOANS</name>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>Consumer Loan Underlying Bond Credit Trust 2019-SLCT5 FRN 09/15/2044 2019-S5 PT 144A</name>
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        <title>Consumer Loan Underlying Bond Credit Trust 2019-SLCT5 FRN 09/15/2044 2019-S5 PT 144A</title>
        <cusip>21055CAA1</cusip>
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        <issuerCat>CORP</issuerCat>
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        <name>FIVE POINT OPERATING CO LP/FIVE POINT CAPITAL CO 7.875% 11/15/2025 144A</name>
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        <cusip>33834YAA6</cusip>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>GOVT NATL MORTG ASSN 8.00% 05/20/2030  GNMA II</name>
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        <name>GOVT NATL MORTG ASSN 8.00% 08/20/2031      GNMA II</name>
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        <name>Dryden 38 Senior Loan Fund FRN 07/15/2030 2015-38A DR 144A</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>VERSO CORP WTS EXP 07/25/2023</name>
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        <title>VERSO CORP WTS EXP 07/25/2023</title>
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        <name>CYRUSONE LP/FINANCE CORP 5.00% 03/15/2024</name>
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        <identifiers>
          <other otherDesc="Internal Identifier" value="682079"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

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        <name>VOYA CLO 2016-3 LTD FRN 10/18/2031 2016-3A CR 144A</name>
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        <name>ALLEGIANT TRAVEL CO 6.5% 02/05/2024 Class B Term Loans</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Diamond Sports Group LLC 6.5% 08/24/2026 Term Loan</name>
        <lei>N/A</lei>
        <title>Diamond Sports Group LLC 6.5% 08/24/2026 Term Loan</title>
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        <identifiers>
          <other otherDesc="Internal Identifier" value="998576"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-08-24</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.30000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>UBS AG LONDON 2.758% 11/14/2019 REPO</name>
        <lei>BFM8T61CT2L1QCEMIK50</lei>
        <title>UBS AG LONDON 2.758% 11/14/2019 REPO</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Sec ID" value="1002106"/>
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        <balance>-450582.48000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>-450582.48000000</valUSD>
        <pctVal>-0.14783962549</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>RA</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <repurchaseAgrmt>
          <transCat>Reverse repurchase</transCat>
          <notClearedCentCparty isCleared="N">
            <counterpartyInfos>
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          </notClearedCentCparty>
          <isTriParty>N</isTriParty>
          <repurchaseRt>3.758</repurchaseRt>
          <maturityDt>2019-11-14</maturityDt>
          <repurchaseCollaterals>
            <repurchaseCollateral>
              <principalAmt>493248.474</principalAmt>
              <principalCd>USD</principalCd>
              <collateralVal>501290.62</collateralVal>
              <collateralCd>USD</collateralCd>
              <invstCat>ACMO</invstCat>
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          </repurchaseCollaterals>
        </repurchaseAgrmt>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>HARSCO CORP                                      6.5% 12/10/2024 Term Loan B-2</name>
        <lei>KAO98FK89NPNNPQGUZ43</lei>
        <title>HARSCO CORP                                      6.5% 12/10/2024 Term Loan B-2</title>
        <cusip>41587CAP3</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="877858"/>
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        <balance>1159780.13000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1165940.88000000</valUSD>
        <pctVal>0.382554295156</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-12-10</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MARTIN MIDSTREAM PARTNERS LP/MARTIN MIDSTREAM FI 7.25% 02/15/2021</name>
        <lei>N/A</lei>
        <title>MARTIN MIDSTREAM PARTNERS LP/MARTIN MIDSTREAM FI 7.25% 02/15/2021</title>
        <cusip>573334AD1</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="554231"/>
        </identifiers>
        <balance>1100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1027136.00000000</valUSD>
        <pctVal>0.337011331578</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GOLDEN NUGGET INC 8.75% 10/01/2025 144A</name>
        <lei>N/A</lei>
        <title>GOLDEN NUGGET INC 8.75% 10/01/2025 144A</title>
        <cusip>38113YAC3</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="674336"/>
        </identifiers>
        <balance>1200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1254000.00000000</valUSD>
        <pctVal>0.411447179145</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FEDERAL HOME LOAN MORTGAGE CORP 6.50% 08/01/2027      FHLMC G30</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FEDERAL HOME LOAN MORTGAGE CORP 6.50% 08/01/2027      FHLMC G30</title>
        <cusip>3128CUMW3</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="496316"/>
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        <balance>171958.86000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>191797.39000000</valUSD>
        <pctVal>0.062930219364</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>WELLS FARGO MORTGAGE BACKED SECURITIES TRUST FRN 11/25/2034 2004-W A9</name>
        <lei>N/A</lei>
        <title>WELLS FARGO MORTGAGE BACKED SECURITIES TRUST FRN 11/25/2034 2004-W A9</title>
        <cusip>94980QAJ8</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="471543"/>
        </identifiers>
        <balance>117767.50000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>123047.42000000</valUSD>
        <pctVal>0.040372818070</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-11-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.84272600</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Morgan Stanley ABS Capital I Inc Trust 2003-NC10 FRN 10/25/33 03-NC10 B1</name>
        <lei>N/A</lei>
        <title>Morgan Stanley ABS Capital I Inc Trust 2003-NC10 FRN 10/25/33 03-NC10 B1</title>
        <cusip>61746REA5</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="287422"/>
        </identifiers>
        <balance>350441.85000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>382947.36000000</valUSD>
        <pctVal>0.125648015178</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-10-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.96838000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DAE FUNDING LLC 4.50% 08/01/2022 144A</name>
        <lei>635400SZTPQL3Y1P2C76</lei>
        <title>DAE FUNDING LLC 4.50% 08/01/2022 144A</title>
        <cusip>23371DAA2</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="670704"/>
        </identifiers>
        <balance>400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>409000.00000000</valUSD>
        <pctVal>0.134196089529</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FEDERAL HOME LOAN MORTGAGE CORP 4.00% 04/01/2048 G30 FGLMC</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FEDERAL HOME LOAN MORTGAGE CORP 4.00% 04/01/2048 G30 FGLMC</title>
        <cusip>3128MJ3T5</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="686206"/>
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        <balance>3849291.22000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4038718.77000000</valUSD>
        <pctVal>1.325135123826</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>STATION CASINOS LLC 6.5% 06/08/2023 Term B Facility Loans</name>
        <lei>5493004E7Q60TX54WL62</lei>
        <title>STATION CASINOS LLC 6.5% 06/08/2023 Term B Facility Loans</title>
        <cusip>85769EAR2</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="924502"/>
        </identifiers>
        <balance>988759.61000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>994084.08000000</valUSD>
        <pctVal>0.326166738875</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-06-08</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.62000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GOODYEAR TIRE &amp; RUBBER CO/THE 5.125% 11/15/2023</name>
        <lei>5493002BI0S2ZQUY3437</lei>
        <title>GOODYEAR TIRE &amp; RUBBER CO/THE 5.125% 11/15/2023</title>
        <cusip>382550BE0</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="616389"/>
        </identifiers>
        <balance>300000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>304875.00000000</valUSD>
        <pctVal>0.100031865025</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CARLYLE US CLO 2017-4 Ltd FRN 01/15/2030 2017-4A C 144A</name>
        <lei>N/A</lei>
        <title>CARLYLE US CLO 2017-4 Ltd FRN 01/15/2030 2017-4A C 144A</title>
        <cusip>14315BAG1</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="676622"/>
        </identifiers>
        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>940850.00000000</valUSD>
        <pctVal>0.308700222088</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.10338000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>WELLS FARGO COMMERCIAL MORTGAGE TRUST 3.548% 08/15/2050 2014-LC16 A4</name>
        <lei>549300PX4QZK7CUM8D08</lei>
        <title>WELLS FARGO COMMERCIAL MORTGAGE TRUST 3.548% 08/15/2050 2014-LC16 A4</title>
        <cusip>94988XAT3</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="604304"/>
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        <balance>550000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>578900.85000000</valUSD>
        <pctVal>0.189941883363</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.54800000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FANNIE MAE 6.00% 06/01/2038 FNL FNCL</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FANNIE MAE 6.00% 06/01/2038 FNL FNCL</title>
        <cusip>31412AQB3</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="528107"/>
        </identifiers>
        <balance>20187.15000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>23205.29000000</valUSD>
        <pctVal>0.007613836612</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NEXSTAR BROADCASTING INC 6.5% 07/17/2024 Term B-3 Loan</name>
        <lei>5493006PK6I4I2OOT688</lei>
        <title>NEXSTAR BROADCASTING INC 6.5% 07/17/2024 Term B-3 Loan</title>
        <cusip>65336RAU2</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="939086"/>
        </identifiers>
        <balance>562544.44000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>563657.72000000</valUSD>
        <pctVal>0.184940493538</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-07-17</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.36588000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Harsco Corp 5.75% 07/31/2027 144A</name>
        <lei>KAO98FK89NPNNPQGUZ43</lei>
        <title>Harsco Corp 5.75% 07/31/2027 144A</title>
        <cusip>415864AM9</cusip>
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        <valUSD>1043800.00000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>FANNIE MAE 4% 09/01/2048 FNL</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FANNIE MAE 4% 09/01/2048 FNL</title>
        <cusip>3140JGV77</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="942329"/>
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        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>FANNIE MAE 3.50% 01/01/2045 FNMA</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FANNIE MAE 3.50% 01/01/2045 FNMA</title>
        <cusip>3138Y9Q76</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="596799"/>
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        <curCd>USD</curCd>
        <valUSD>116559.00000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>GENERAL NUTRITION CTRS INC 9.35% 12/31/2022 FILO Term Loan (ABL)</name>
        <lei>549300Z75YN8DOM1XD09</lei>
        <title>GENERAL NUTRITION CTRS INC 9.35% 12/31/2022 FILO Term Loan (ABL)</title>
        <cusip>37047QAR0</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="684995"/>
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        <curCd>USD</curCd>
        <valUSD>2715430.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-12-31</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>JPMBB COMMERCIAL MORTGAGE SECURITIES TRUST 3.2274% 10/15/2048 2015 C-28 A4</name>
        <lei>N/A</lei>
        <title>JPMBB COMMERCIAL MORTGAGE SECURITIES TRUST 3.2274% 10/15/2048 2015 C-28 A4</title>
        <cusip>46644FAD3</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="604170"/>
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        <curCd>USD</curCd>
        <valUSD>1479809.10000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT N FRN 09/25/24 14-HQ2 M2</name>
        <lei>N/A</lei>
        <title>FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT N FRN 09/25/24 14-HQ2 M2</title>
        <cusip>3137G0CG2</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="604171"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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        <name>Amplify Energy Corp COM USD.01</name>
        <lei>J0TW5YQRAZXYN7VEU787</lei>
        <title>Amplify Energy Corp COM USD.01</title>
        <cusip>03212B103</cusip>
        <identifiers>
          <ticker value="AMPY"/>
          <other otherDesc="Internal Identifier" value="648998"/>
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        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1733.77000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>B&amp;G FOODS INC 6.5% 09/30/2026 Tranche B-4 Term Loan</name>
        <lei>549300TRW1LZMDJZAQ78</lei>
        <title>B&amp;G FOODS INC 6.5% 09/30/2026 Tranche B-4 Term Loan</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Sec ID" value="1011005"/>
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        <balance>319951.33000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>321751.06000000</valUSD>
        <pctVal>0.105569031917</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-30</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>INFOR US INC 6.50% 05/15/2022</name>
        <lei>CIOT8TLNSHRE7MIBDR09</lei>
        <title>INFOR US INC 6.50% 05/15/2022</title>
        <cusip>45672NAG6</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="628885"/>
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        <balance>1800000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1836000.00000000</valUSD>
        <pctVal>0.602405917792</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ASURION LLC 6.5% 08/04/2022 AM No. 14 Replacement B-4 Term Loans</name>
        <lei>549300KNQVXGIOXWK278</lei>
        <title>ASURION LLC 6.5% 08/04/2022 AM No. 14 Replacement B-4 Term Loans</title>
        <cusip>04649VAT7</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="912508"/>
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        <balance>1642435.01000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1649004.75000000</valUSD>
        <pctVal>0.541051318010</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-08-04</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.11200000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Clearway Energy Operating LLC/DE 5.00% 09/15/2026</name>
        <lei>549300Z3NFMM54NWBB87</lei>
        <title>Clearway Energy Operating LLC/DE 5.00% 09/15/2026</title>
        <cusip>62943WAE9</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="668924"/>
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        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1027500.00000000</valUSD>
        <pctVal>0.337130762816</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CHENIERE CORPUS CHRISTI HLDGS LLC 7.00% 06/30/2024</name>
        <lei>549300I7CIEWU1BBLQ53</lei>
        <title>CHENIERE CORPUS CHRISTI HLDGS LLC 7.00% 06/30/2024</title>
        <cusip>16412XAD7</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="665727"/>
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        <balance>700000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>805875.00000000</valUSD>
        <pctVal>0.264413872004</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>AIR CANADA 3.98419% 10/06/2023 TERM LOAN</name>
        <lei>4B4HI3CGXMBDC0G6BM51</lei>
        <title>AIR CANADA 3.98419% 10/06/2023 TERM LOAN</title>
        <cusip>C0102MAJ4</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="685302"/>
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        <balance>2227691.22000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2239738.57000000</valUSD>
        <pctVal>0.734875691108</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-10-06</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.11588000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BIRCH PERMIAN HOLDINGS INC COM USD NPV *Put option premium/Backstop*</name>
        <lei>5493008GXCEAUIZGCH60</lei>
        <title>BIRCH PERMIAN HOLDINGS INC COM USD NPV *Put option premium/Backstop*</title>
        <cusip>09075C104</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="868032"/>
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        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>23090.00000000</valUSD>
        <pctVal>0.007576009064</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Vistra Operations Co LLC 5.625% 02/15/2027 144A</name>
        <lei>549300ZH5GKBTJZ7NM23</lei>
        <title>Vistra Operations Co LLC 5.625% 02/15/2027 144A</title>
        <cusip>92840VAB8</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="956388"/>
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        <balance>1300000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1372709.00000000</valUSD>
        <pctVal>0.450396527781</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CROWN Americas LLC 4.28319% 04/03/2025 Dollar Term B Loan</name>
        <lei>RPPGGRL1J75WGF2DFO04</lei>
        <title>CROWN Americas LLC 4.28319% 04/03/2025 Dollar Term B Loan</title>
        <cusip>22818RAW6</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="682482"/>
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        <balance>1697668.69000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1709644.04000000</valUSD>
        <pctVal>0.560947541946</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-04-03</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.05725000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BBA US Holdings Inc 5.375% 05/01/2026 144A</name>
        <lei>213800CSNQ87U1MC8N11</lei>
        <title>BBA US Holdings Inc 5.375% 05/01/2026 144A</title>
        <cusip>05545MAA0</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="871275"/>
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        <balance>400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>421000.00000000</valUSD>
        <pctVal>0.138133383110</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MISSION BROADCASTING INC 6.5% 1/17/24 Term B-3 Loan</name>
        <lei>N/A</lei>
        <title>MISSION BROADCASTING INC 6.5% 1/17/24 Term B-3 Loan</title>
        <cusip>605024AQ1</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="939085"/>
        </identifiers>
        <balance>112062.90000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>112284.67000000</valUSD>
        <pctVal>0.036841475863</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-01-17</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.35025000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NEW GOLD INC 6.375% 05/15/2025 144A</name>
        <lei>5493005G0GNCHP0H6L96</lei>
        <title>NEW GOLD INC 6.375% 05/15/2025 144A</title>
        <cusip>644532AA1</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="665500"/>
        </identifiers>
        <balance>600000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>564750.00000000</valUSD>
        <pctVal>0.185298879124</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.37500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PETRA DIAMONDS US TREASURY PLC 7.25% 05/01/2022 144A</name>
        <lei>635400LZYOO6WHAO2H58</lei>
        <title>PETRA DIAMONDS US TREASURY PLC 7.25% 05/01/2022 144A</title>
        <cusip>71642QAB3</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="663723"/>
        </identifiers>
        <balance>1200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>954000.00000000</valUSD>
        <pctVal>0.313014839637</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BLACKSTONE MORTGAGE TRUST INC 6.5% 04/22/2026 Initial Term Loans</name>
        <lei>549300OLDJ20R2Y2UW20</lei>
        <title>BLACKSTONE MORTGAGE TRUST INC 6.5% 04/22/2026 Initial Term Loans</title>
        <cusip>09259GAB9</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="977415"/>
        </identifiers>
        <balance>381062.31000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>383201.21000000</valUSD>
        <pctVal>0.125731305342</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-04-23</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.61588000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NORTHWEST ACQUISITIONS ULC / DOMINION FINCO INC 7.125% 11/01/2022 144A</name>
        <lei>N/A</lei>
        <title>NORTHWEST ACQUISITIONS ULC / DOMINION FINCO INC 7.125% 11/01/2022 144A</title>
        <cusip>66727WAA0</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="676181"/>
        </identifiers>
        <balance>300000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>177750.00000000</valUSD>
        <pctVal>0.058321161158</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.12500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SANCHEZ ENERGY CORP 7.75% 06/15/2021 *DEFAULT*</name>
        <lei>549300SB0HTIM17TVR61</lei>
        <title>SANCHEZ ENERGY CORP 7.75% 06/15/2021 *DEFAULT*</title>
        <cusip>79970YAB1</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="579825"/>
        </identifiers>
        <balance>900000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>58500.00000000</valUSD>
        <pctVal>0.019194306204</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.75000000</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KESTREL BIDCO INC &amp; WESTJET 6.50% 08/08/2026 Term Loan B</name>
        <lei>N/A</lei>
        <title>KESTREL BIDCO INC &amp; WESTJET 6.50% 08/08/2026 Term Loan B</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Sec ID" value="999788"/>
        </identifiers>
        <balance>860622.93000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>868076.79000000</valUSD>
        <pctVal>0.284822764375</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-08</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GOVT NATL MORTG ASSN 8.00% 02/20/2030   GNMA II</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GOVT NATL MORTG ASSN 8.00% 02/20/2030   GNMA II</title>
        <cusip>36202DFZ9</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="190851"/>
        </identifiers>
        <balance>29620.99000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>35235.65000000</valUSD>
        <pctVal>0.011561091545</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KB HOME 7.00% 12/15/2021</name>
        <lei>549300LGUCWQURMWLG09</lei>
        <title>KB HOME 7.00% 12/15/2021</title>
        <cusip>48666KAT6</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="562117"/>
        </identifiers>
        <balance>1100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1189155.00000000</valUSD>
        <pctVal>0.390171028960</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FIRST QUANTUM MINERALS LTD 7.25% 04/01/2023 144A</name>
        <lei>549300I7UVBGWRYMYZ18</lei>
        <title>FIRST QUANTUM MINERALS LTD 7.25% 04/01/2023 144A</title>
        <cusip>335934AK1</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="662334"/>
        </identifiers>
        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>495000.00000000</valUSD>
        <pctVal>0.162413360189</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ashton Woods USA LLC / Ashton Woods Finance Co 9.875% 04/01/2027 144A</name>
        <lei>N/A</lei>
        <title>Ashton Woods USA LLC / Ashton Woods Finance Co 9.875% 04/01/2027 144A</title>
        <cusip>045086AH8</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="969429"/>
        </identifiers>
        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1097500.00000000</valUSD>
        <pctVal>0.360098308701</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.87500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>H&amp;E EQUIPMENT SERVICES INC 5.625% 09/01/2025</name>
        <lei>N/A</lei>
        <title>H&amp;E EQUIPMENT SERVICES INC 5.625% 09/01/2025</title>
        <cusip>404030AH1</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="686990"/>
        </identifiers>
        <balance>1500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1549725.00000000</valUSD>
        <pctVal>0.508476857816</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FANNIE MAE 6.00% 04/01/2033      FNMA 30</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FANNIE MAE 6.00% 04/01/2033      FNMA 30</title>
        <cusip>31401BN27</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="290855"/>
        </identifiers>
        <balance>77957.89000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>89701.04000000</valUSD>
        <pctVal>0.029431610745</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Clearway Energy Operating LLC 5.75% 10/15/2025 144A</name>
        <lei>549300Z3NFMM54NWBB87</lei>
        <title>Clearway Energy Operating LLC 5.75% 10/15/2025 144A</title>
        <cusip>18539UAA3</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="932321"/>
        </identifiers>
        <balance>300000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>316875.00000000</valUSD>
        <pctVal>0.103969158605</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NEUSTAR INC 6.5% 08/08/2024 TLB5</name>
        <lei>N/A</lei>
        <title>NEUSTAR INC 6.5% 08/08/2024 TLB5</title>
        <cusip>64127UAY3</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="964991"/>
        </identifiers>
        <balance>1879444.45000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1853019.46000000</valUSD>
        <pctVal>0.607990135341</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-08-08</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.61200000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHS/Community Health Systems Inc 8.125% 06/30/2024 144A</name>
        <lei>5493007X5NC5XI1BB106</lei>
        <title>CHS/Community Health Systems Inc 8.125% 06/30/2024 144A</title>
        <cusip>12543DBA7</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="878322"/>
        </identifiers>
        <balance>900000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>717750.00000000</valUSD>
        <pctVal>0.235499372274</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.12500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cheniere Energy Partners LP 5.25% 10/01/2025</name>
        <lei>5493005UEC8AZ34LDV29</lei>
        <title>Cheniere Energy Partners LP 5.25% 10/01/2025</title>
        <cusip>16411QAB7</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="918724"/>
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        <balance>1000000.00000000</balance>
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      <invstOrSec>
        <name>FEDERAL HOME LOAN MORTGAGE CORP 3.50% 10/01/2047 FHLMC</name>
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        <title>FEDERAL HOME LOAN MORTGAGE CORP 3.50% 10/01/2047 FHLMC</title>
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          <other otherDesc="Internal Identifier" value="675015"/>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>SECURUS TECHNOLOGIES HOLDINGS INC 6.37688% 11/01/2024 INITIAL TERM LOAN</name>
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        <title>SECURUS TECHNOLOGIES HOLDINGS INC 6.37688% 11/01/2024 INITIAL TERM LOAN</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>AXALTA COATING SYSTEMS U.S. HOLDINGS INC 4.052% 06/01/2024 Term B-3 Dollar Loan</name>
        <lei>549300NZ43V4QV4UGN28</lei>
        <title>AXALTA COATING SYSTEMS U.S. HOLDINGS INC 4.052% 06/01/2024 Term B-3 Dollar Loan</title>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-06-01</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>FEDERAL HOME LOAN MORTGAGE CORP 6.00% 02/01/2033      FHLMC G30</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FEDERAL HOME LOAN MORTGAGE CORP 6.00% 02/01/2033      FHLMC G30</title>
        <cusip>31283HVL6</cusip>
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          <other otherDesc="Internal Identifier" value="280046"/>
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        <curCd>USD</curCd>
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        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>T-MOBILE USA INC ESRW USD NPV REF SM#564912</name>
        <lei>549300V2JRLO5DIFGE82</lei>
        <title>T-MOBILE USA INC ESRW USD NPV REF SM#564912</title>
        <cusip>87299ATP9</cusip>
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          <other otherDesc="Internal Identifier" value="919673"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GOVT NATL MORTG ASSN 8.00% 03/20/2031      GNMA II</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GOVT NATL MORTG ASSN 8.00% 03/20/2031      GNMA II</title>
        <cusip>36202DMD0</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="307781"/>
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        <balance>7000.15000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7981.89000000</valUSD>
        <pctVal>0.002618920354</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-20</maturityDt>
          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>Trivium Packaging Finance BV 8.5% 08/15/2027 144A</name>
        <lei>724500GMZWW3PVYET548</lei>
        <title>Trivium Packaging Finance BV 8.5% 08/15/2027 144A</title>
        <cusip>89686QAB2</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="998741"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>869840.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Riviera Resources Inc COM USD 0.01</name>
        <lei>N/A</lei>
        <title>Riviera Resources Inc COM USD 0.01</title>
        <cusip>76964R104</cusip>
        <identifiers>
          <ticker value="RVRA"/>
          <other otherDesc="Internal Identifier" value="921312"/>
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        <balance>6305.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>84234.80000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Studio City Finance Ltd 7.25% 02/11/2024 144A</name>
        <lei>254900D6R731QAUIG324</lei>
        <title>Studio City Finance Ltd 7.25% 02/11/2024 144A</title>
        <cusip>86389QAB8</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="959370"/>
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        <balance>1100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1160500.00000000</valUSD>
        <pctVal>0.380769099998</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-02-11</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FEDERAL HOME LOAN MORTGAGE CORP 3% 09/01/2049 FNL</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FEDERAL HOME LOAN MORTGAGE CORP 3% 09/01/2049 FNL</title>
        <cusip>01F0306A1</cusip>
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          <other otherDesc="Internal Identifier" value="1007318"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
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        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>HARBOR FREIGHT TOOLS USA INC 4.37688% 08/19/2023 REFINANCING LOANS</name>
        <lei>549300Y48HLCFTTB4249</lei>
        <title>HARBOR FREIGHT TOOLS USA INC 4.37688% 08/19/2023 REFINANCING LOANS</title>
        <cusip>41151PAM7</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="683121"/>
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        <curCd>USD</curCd>
        <valUSD>1391267.77000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CSC HOLDINGS LLC 6.75% 11/15/2021</name>
        <lei>3HG2WD2W22M120IUNG49</lei>
        <title>CSC HOLDINGS LLC 6.75% 11/15/2021</title>
        <cusip>126307AF4</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="539633"/>
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        <curCd>USD</curCd>
        <valUSD>1080000.00000000</valUSD>
        <pctVal>0.354356422230</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FANNIE MAE 8.00% 10/01/2029      FNMA 30</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FANNIE MAE 8.00% 10/01/2029      FNMA 30</title>
        <cusip>31385TQG4</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="286579"/>
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        <balance>4402.35000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4408.53000000</valUSD>
        <pctVal>0.001446473072</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BIRCH PERMIAN HOLDINGS INC COM USD NPV *Accd inv/Restricted*</name>
        <lei>5493008GXCEAUIZGCH60</lei>
        <title>BIRCH PERMIAN HOLDINGS INC COM USD NPV *Accd inv/Restricted*</title>
        <cusip>09075C203</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="868025"/>
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        <curCd>USD</curCd>
        <valUSD>177730.25000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MORTGAGEIT TR 2004-1 FRN 11/25/2034 2004-1 CL A2</name>
        <lei>N/A</lei>
        <title>MORTGAGEIT TR 2004-1 FRN 11/25/2034 2004-1 CL A2</title>
        <cusip>61913PAF9</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="581587"/>
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        <curCd>USD</curCd>
        <valUSD>186655.81000000</valUSD>
        <pctVal>0.061243226870</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-11-25</maturityDt>
          <couponKind>Floating</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>IQVIA Inc. 6.5% 07/11/2025 Term B-3 Dollar Loans</name>
        <lei>549300PLWY28YB00C717</lei>
        <title>IQVIA Inc. 6.5% 07/11/2025 Term B-3 Dollar Loans</title>
        <cusip>44969CBJ8</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="877219"/>
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        <balance>691250.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>693302.32000000</valUSD>
        <pctVal>0.227477897814</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-06-11</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.00800000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Neon Holdings Inc 10.125% 04/01/2026 144A</name>
        <lei>N/A</lei>
        <title>Neon Holdings Inc 10.125% 04/01/2026 144A</title>
        <cusip>64051NAA1</cusip>
        <identifiers>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>FEDERAL HOME LOAN MORTGAGE CORP 6.00% 04/01/2033      FHLMC G30</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FEDERAL HOME LOAN MORTGAGE CORP 6.00% 04/01/2033      FHLMC G30</title>
        <cusip>31283HWZ4</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="283966"/>
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        <curCd>USD</curCd>
        <valUSD>15809.47000000</valUSD>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>Consumer Loan Underlying Bond Certificate Issuer Trust I Series 2019-SLCT6 FRN 10/17/2044 144A 2019-S6 PT</name>
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        <cusip>21056AAA4</cusip>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-10-17</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>WEATHERFORD INTERNATIONAL LTD/BERMUDA 5.125% 09/15/2020 *DEFAULT*</name>
        <lei>549300A2JKMG5PGOGF82</lei>
        <title>WEATHERFORD INTERNATIONAL LTD/BERMUDA 5.125% 09/15/2020 *DEFAULT*</title>
        <cusip>94707VAA8</cusip>
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          <other otherDesc="Internal Identifier" value="617409"/>
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        <balance>400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>140000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-09-15</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>Consumer Loan Underlying Bond Certificate Issuer Trust I Series 2018-29 FRN 12/15/2043 2018-29 PT 144A</name>
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        <title>Consumer Loan Underlying Bond Certificate Issuer Trust I Series 2018-29 FRN 12/15/2043 2018-29 PT 144A</title>
        <cusip>21052UAA4</cusip>
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          <other otherDesc="Internal Identifier" value="942471"/>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-12-15</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>SABRE GLBL INC 3.87688% 07/01/2022 2017 OTHER TERM A LOANS</name>
        <lei>F2TJC7HPPHLHU1AQMP98</lei>
        <title>SABRE GLBL INC 3.87688% 07/01/2022 2017 OTHER TERM A LOANS</title>
        <cusip>78571YAZ3</cusip>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-07-01</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>FEDERAL HOME LOAN MORTGAGE CORP 6.00% 04/01/2033      FHLMC G30</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FEDERAL HOME LOAN MORTGAGE CORP 6.00% 04/01/2033      FHLMC G30</title>
        <cusip>31288HBR0</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="310120"/>
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        <curCd>USD</curCd>
        <valUSD>21614.26000000</valUSD>
        <pctVal>0.007091807261</pctVal>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FANNIE MAE 3.50% 07/01/2056 FNMA</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FANNIE MAE 3.50% 07/01/2056 FNMA</title>
        <cusip>3140FXD82</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="669032"/>
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        <balance>756300.48000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>796485.79000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Stevens Holding Co Inc 6.125% 10/01/2026 144A</name>
        <lei>N/A</lei>
        <title>Stevens Holding Co Inc 6.125% 10/01/2026 144A</title>
        <cusip>86024TAA5</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="933790"/>
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        <balance>1100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1175625.00000000</valUSD>
        <pctVal>0.385731730448</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.12500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Valeant Pharmaceuticals International 6.50% 06/02/2025 Inital Term Loans</name>
        <lei>B3BS7ACMDUWISF18KY76</lei>
        <title>Valeant Pharmaceuticals International 6.50% 06/02/2025 Inital Term Loans</title>
        <cusip>C9413PAZ6</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="874726"/>
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        <balance>1964269.78000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1974442.73000000</valUSD>
        <pctVal>0.647830057131</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-06-02</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.03863000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Consumer Loan Underlying Bond Credit Trust 2019-SLCT4 FRN 08/15/2044 2019-S4 PT 144A</name>
        <lei>N/A</lei>
        <title>Consumer Loan Underlying Bond Credit Trust 2019-SLCT4 FRN 08/15/2044 2019-S4 PT 144A</title>
        <cusip>21054GAA3</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="996010"/>
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        <balance>1003696.78000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>936313.09000000</valUSD>
        <pctVal>0.307211626537</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-08-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>10.593177</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CSAIL COMMERCIAL MORTGAGE TRUST 3.505% 04/15/2050 2015-C1 A4</name>
        <lei>549300UFJ8EKD81Y8R30</lei>
        <title>CSAIL COMMERCIAL MORTGAGE TRUST 3.505% 04/15/2050 2015-C1 A4</title>
        <cusip>126281AZ7</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="604296"/>
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        <balance>1410000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1496453.73000000</valUSD>
        <pctVal>0.490998138700</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Avolon Holdings Funding Ltd 5.125% 10/01/2023 144A</name>
        <lei>635400ZRKEX9L1BKCH30</lei>
        <title>Avolon Holdings Funding Ltd 5.125% 10/01/2023 144A</title>
        <cusip>05401AAB7</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="928122"/>
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        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1064250.00000000</valUSD>
        <pctVal>0.349188724406</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Sunoco LP / Sunoco Finance Corp 4.875% 01/15/2023</name>
        <lei>N/A</lei>
        <title>Sunoco LP / Sunoco Finance Corp 4.875% 01/15/2023</title>
        <cusip>86765LAJ6</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="942191"/>
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        <balance>700000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>720125.00000000</valUSD>
        <pctVal>0.236278628295</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Party City Holdings Inc 6.625% 08/01/2026 144A</name>
        <lei>5493005PYM1JS6EZN307</lei>
        <title>Party City Holdings Inc 6.625% 08/01/2026 144A</title>
        <cusip>702150AD5</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="919737"/>
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        <balance>1100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1091750.00000000</valUSD>
        <pctVal>0.358211688861</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SPRINT CORP 7.25% 09/15/2021</name>
        <lei>549300ZTTY7CXOLJ6539</lei>
        <title>SPRINT CORP 7.25% 09/15/2021</title>
        <cusip>85207UAE5</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="590248"/>
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        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>534800.00000000</valUSD>
        <pctVal>0.175472050563</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FANNIE MAE 6.00% 02/01/2037 FNL FNCL</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FANNIE MAE 6.00% 02/01/2037 FNL FNCL</title>
        <cusip>31416VS21</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="528104"/>
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        <balance>416158.91000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>472571.23000000</valUSD>
        <pctVal>0.155054305844</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>TEREX CORP 5.625% 02/01/2025 144A</name>
        <lei>YAWJZJYEQ7M1SYMOS462</lei>
        <title>TEREX CORP 5.625% 02/01/2025 144A</title>
        <cusip>880779AZ6</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="658148"/>
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        <balance>1500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1541250.00000000</valUSD>
        <pctVal>0.505696144224</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Amplify Energy Corp WTS EXP 04/21/2020</name>
        <lei>J0TW5YQRAZXYN7VEU787</lei>
        <title>Amplify Energy Corp WTS EXP 04/21/2020</title>
        <cusip>03212B111</cusip>
        <identifiers>
          <ticker value="MPPWW"/>
          <other otherDesc="Internal Identifier" value="649003"/>
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        <balance>2703.00000000</balance>
        <units>OU</units>
        <descOthUnits>Warrants</descOthUnits>
        <curCd>USD</curCd>
        <valUSD>0.00000000</valUSD>
        <pctVal>0.000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="WARRANTS TO EQUITY"/>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>REMINGTON OUTDOOR CO INC COM USD .01</name>
        <lei>N/A</lei>
        <title>REMINGTON OUTDOOR CO INC COM USD .01</title>
        <cusip>75959V104</cusip>
        <identifiers>
          <ticker value="3428753Z"/>
          <other otherDesc="Internal Identifier" value="874868"/>
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        <balance>39306.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>68785.50000000</valUSD>
        <pctVal>0.022569058964</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Horizon Pharma USA Inc 5.5% 08/01/2027 144A</name>
        <lei>N/A</lei>
        <title>Horizon Pharma USA Inc 5.5% 08/01/2027 144A</title>
        <cusip>44055PAA4</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="997409"/>
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        <balance>1500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1563750.00000000</valUSD>
        <pctVal>0.513078569688</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CALUMET SPECIALTY PRODUCTS PARTNERS LP/FINANCE C 7.75% 04/15/2023</name>
        <lei>N/A</lei>
        <title>CALUMET SPECIALTY PRODUCTS PARTNERS LP/FINANCE C 7.75% 04/15/2023</title>
        <cusip>131477AQ4</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="627242"/>
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        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>932500.00000000</valUSD>
        <pctVal>0.305960521972</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CRESTWOOD MIDSTREAM PARTNERS LP/FINANCE CORP 6.25% 04/01/2023</name>
        <lei>N/A</lei>
        <title>CRESTWOOD MIDSTREAM PARTNERS LP/FINANCE CORP 6.25% 04/01/2023</title>
        <cusip>226373AL2</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="640087"/>
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        <balance>1500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1546875.00000000</valUSD>
        <pctVal>0.507541750590</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ASCENA RETAIL GROUP INC 6.4375% 08/21/2022 TRANCHE B TERM LOAN</name>
        <lei>549300315OFTD1VN3V49</lei>
        <title>ASCENA RETAIL GROUP INC 6.4375% 08/21/2022 TRANCHE B TERM LOAN</title>
        <cusip>04349TAF5</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="609568"/>
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        <balance>2688444.71000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1513594.37000000</valUSD>
        <pctVal>0.496622116353</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-08-21</maturityDt>
          <couponKind>Floating</couponKind>
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          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Cheniere Energy Partners LP 4.5% 10/01/2029 144A</name>
        <lei>5493005UEC8AZ34LDV29</lei>
        <title>Cheniere Energy Partners LP 4.5% 10/01/2029 144A</title>
        <cusip>16411QAE1</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="1007403"/>
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        <balance>900000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>924187.50000000</valUSD>
        <pctVal>0.303233125898</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>IFT MONEY MARKET PORTFOLIO OEMF-SWEEP MONEY MARKET PORTFOLIO</name>
        <lei>N/A</lei>
        <title>IFT MONEY MARKET PORTFOLIO OEMF-SWEEP MONEY MARKET PORTFOLIO</title>
        <cusip>457756500</cusip>
        <identifiers>
          <ticker value="INFXX"/>
          <other otherDesc="Internal Identifier" value="170875"/>
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        <balance>17518834.73700000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>17518834.74000000</valUSD>
        <pctVal>5.748066296403</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PLASTIPAK HLDGS INC 6.25% 10/15/2025 144A</name>
        <lei>N/A</lei>
        <title>PLASTIPAK HLDGS INC 6.25% 10/15/2025 144A</title>
        <cusip>727610AN7</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="676142"/>
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        <balance>1500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1256250.00000000</valUSD>
        <pctVal>0.412185421691</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NAVIOS MARITIME PARTNERS LP 7.34% 09/14/2020 Initial Term Loan</name>
        <lei>213800185NOIXCLYX335</lei>
        <title>NAVIOS MARITIME PARTNERS LP 7.34% 09/14/2020 Initial Term Loan</title>
        <cusip>Y6213NAB8</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="661494"/>
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        <balance>897397.44000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>896649.91000000</valUSD>
        <pctVal>0.294197827871</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-09-14</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.14000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CSC HOLDINGS LLC 4.5565% 07/17/2025 March 2017 Incremental Term Loans</name>
        <lei>3HG2WD2W22M120IUNG49</lei>
        <title>CSC HOLDINGS LLC 4.5565% 07/17/2025 March 2017 Incremental Term Loans</title>
        <cusip>64072UAE2</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="662208"/>
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        <balance>2547024.50000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2548285.28000000</valUSD>
        <pctVal>0.836112272818</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-07-17</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.27750000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>OWENS-BROCKWAY GLASS CONTAINER INC 5.875% 08/15/2023 144A</name>
        <lei>V2UQUCDZJ9WY98W8QU33</lei>
        <title>OWENS-BROCKWAY GLASS CONTAINER INC 5.875% 08/15/2023 144A</title>
        <cusip>69073TAR4</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="610566"/>
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        <balance>400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>426000.00000000</valUSD>
        <pctVal>0.139773922102</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>VIRGIN MEDIA SECURED FINANCE PLC 5.50% 08/15/2026 144A</name>
        <lei>213800X3RLP4NOTPY579</lei>
        <title>VIRGIN MEDIA SECURED FINANCE PLC 5.50% 08/15/2026 144A</title>
        <cusip>92769XAM7</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="631817"/>
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        <balance>400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>421000.00000000</valUSD>
        <pctVal>0.138133383110</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Sirius XM Radio Inc 4.625% 07/15/2024 144A</name>
        <lei>WP5O65E6BMU84LNO4227</lei>
        <title>Sirius XM Radio Inc 4.625% 07/15/2024 144A</title>
        <cusip>82967NBE7</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="992360"/>
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        <balance>600000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>623598.00000000</valUSD>
        <pctVal>0.204607366842</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Roan Resources Inc COM USD 0.0010</name>
        <lei>N/A</lei>
        <title>Roan Resources Inc COM USD 0.0010</title>
        <cusip>769755109</cusip>
        <identifiers>
          <ticker value="ROAN"/>
          <other otherDesc="Internal Identifier" value="933592"/>
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        <balance>6592.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>8108.16000000</valUSD>
        <pctVal>0.002660350526</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Consumer Loan Underlying Bond Certificate Issuer Trust I Series 2019-SLCT2 FRN 05/16/2044 2019-S2 PT 144A</name>
        <lei>N/A</lei>
        <title>Consumer Loan Underlying Bond Certificate Issuer Trust I Series 2019-SLCT2 FRN 05/16/2044 2019-S2 PT 144A</title>
        <cusip>21050HAA5</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="972001"/>
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        <balance>779725.31000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>714069.71000000</valUSD>
        <pctVal>0.234291840424</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-05-16</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>14.27114</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>INEOS US FINANCE LLC 3.87688% 03/31/2024 2024 DOLLAR TERM LOAN</name>
        <lei>5493008MHJ4R367SNK31</lei>
        <title>INEOS US FINANCE LLC 3.87688% 03/31/2024 2024 DOLLAR TERM LOAN</title>
        <cusip>45672JAK6</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="677243"/>
        </identifiers>
        <balance>959823.79000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>953225.00000000</valUSD>
        <pctVal>0.312760556093</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-03-31</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.25800000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NAVIENT CORP 5.00% 10/26/2020</name>
        <lei>54930067J0ZNOEBRW338</lei>
        <title>NAVIENT CORP 5.00% 10/26/2020</title>
        <cusip>63938CAA6</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="591143"/>
        </identifiers>
        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>203000.00000000</valUSD>
        <pctVal>0.066605883067</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-10-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COMMERCIAL MORTGAGE TRUST FRN 07/10/2038 2006-GG7 AJ</name>
        <lei>N/A</lei>
        <title>COMMERCIAL MORTGAGE TRUST FRN 07/10/2038 2006-GG7 AJ</title>
        <cusip>20173MAH3</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="519289"/>
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        <balance>445000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>412362.05000000</valUSD>
        <pctVal>0.135299204353</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-07-10</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.82530800</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CHEMOURS CO 6.50% 04/01/2025 Tranche B-2 US$ Term Loan</name>
        <lei>549300M1BOLNXL8DOV14</lei>
        <title>CHEMOURS CO 6.50% 04/01/2025 Tranche B-2 US$ Term Loan</title>
        <cusip>16384YAF4</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="687392"/>
        </identifiers>
        <balance>753712.78000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>728274.97000000</valUSD>
        <pctVal>0.238952697008</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-04-03</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.87000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Samson Resources II LLC COM USD NPV</name>
        <lei>N/A</lei>
        <title>Samson Resources II LLC COM USD NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="1492796D"/>
          <other otherDesc="Internal Identifier" value="804080"/>
        </identifiers>
        <balance>31225.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>761109.38000000</valUSD>
        <pctVal>0.249725922984</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>QEP RESOURCES INC 5.25% 05/01/2023</name>
        <lei>Q6JQDZPXKEDQKVK58165</lei>
        <title>QEP RESOURCES INC 5.25% 05/01/2023</title>
        <cusip>74733VAC4</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="530223"/>
        </identifiers>
        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>466260.00000000</valUSD>
        <pctVal>0.152983542064</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>24 HOUR FITNESS WORLDWIDE INC 8.00% 06/01/2022 144A</name>
        <lei>N/A</lei>
        <title>24 HOUR FITNESS WORLDWIDE INC 8.00% 06/01/2022 144A</title>
        <cusip>90132BAA5</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="577004"/>
        </identifiers>
        <balance>1500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1254375.00000000</valUSD>
        <pctVal>0.411570219569</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FANNIE MAE 4.50% 05/01/2024 FNL FNCL</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FANNIE MAE 4.50% 05/01/2024 FNL FNCL</title>
        <cusip>31371LPR4</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="622913"/>
        </identifiers>
        <balance>2099.19000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2208.99000000</valUSD>
        <pctVal>0.000724786845</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MCC IOWA LLC (MEDIACOM BROADBAND) 6.50% 01/25/2025 TRANCHE M TERM LOAN</name>
        <lei>N/A</lei>
        <title>MCC IOWA LLC (MEDIACOM BROADBAND) 6.50% 01/25/2025 TRANCHE M TERM LOAN</title>
        <cusip>552662AU2</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="677233"/>
        </identifiers>
        <balance>1714097.82000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1727488.35000000</valUSD>
        <pctVal>0.566802399213</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-01-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tenet Healthcare Corp 6.25% 02/01/2027 144A</name>
        <lei>0W9AIBT6U6ADJ2I8HK17</lei>
        <title>Tenet Healthcare Corp 6.25% 02/01/2027 144A</title>
        <cusip>88033GCX6</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="956896"/>
        </identifiers>
        <balance>1200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1249380.00000000</valUSD>
        <pctVal>0.409931321117</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>24 HOUR FITNESS WORLDWIDE INC 6.50% 05/30/2025 Term Loan</name>
        <lei>N/A</lei>
        <title>24 HOUR FITNESS WORLDWIDE INC 6.50% 05/30/2025 Term Loan</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Sec ID" value="875621"/>
        </identifiers>
        <balance>2230038.91000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2156632.72000000</valUSD>
        <pctVal>0.707608013633</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-05-30</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.61200000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GRINDING MEDIA INC / MOLY-COP ALTASTEEL LTD 7.375% 12/15/2023 144A</name>
        <lei>N/A</lei>
        <title>GRINDING MEDIA INC / MOLY-COP ALTASTEEL LTD 7.375% 12/15/2023 144A</title>
        <cusip>398545AA1</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="654681"/>
        </identifiers>
        <balance>800000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>768000.00000000</valUSD>
        <pctVal>0.251986789141</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.37500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MPT OPERATING PARTNERSHIP LP / MPT FINANCE CORP 6.375% 03/01/2024</name>
        <lei>N/A</lei>
        <title>MPT OPERATING PARTNERSHIP LP / MPT FINANCE CORP 6.375% 03/01/2024</title>
        <cusip>55342UAF1</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="626937"/>
        </identifiers>
        <balance>700000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>734678.00000000</valUSD>
        <pctVal>0.241053581084</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.37500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Crown Americas LLC / Crown Americas Capital Corp VI 4.75% 02/01/2026</name>
        <lei>N/A</lei>
        <title>Crown Americas LLC / Crown Americas Capital Corp VI 4.75% 02/01/2026</title>
        <cusip>228187AB6</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="955674"/>
        </identifiers>
        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>524375.00000000</valUSD>
        <pctVal>0.172051526765</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>INTERGEN NV 7.00% 06/30/2023 144A</name>
        <lei>549300E3XRGX2JMPEC79</lei>
        <title>INTERGEN NV 7.00% 06/30/2023 144A</title>
        <cusip>45867XAG9</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="551509"/>
        </identifiers>
        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>465000.00000000</valUSD>
        <pctVal>0.152570126238</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CALPINE CORP 5.375% 01/15/2023</name>
        <lei>43R4VPJBXTU2O15HEF41</lei>
        <title>CALPINE CORP 5.375% 01/15/2023</title>
        <cusip>131347CE4</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="580883"/>
        </identifiers>
        <balance>1500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1522500.00000000</valUSD>
        <pctVal>0.499544123005</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MPT OPERATING PARTNERSHIP LP / MPT FINANCE CORP 5.25% 08/01/2026</name>
        <lei>N/A</lei>
        <title>MPT OPERATING PARTNERSHIP LP / MPT FINANCE CORP 5.25% 08/01/2026</title>
        <cusip>55342UAG9</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="640587"/>
        </identifiers>
        <balance>300000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>315450.00000000</valUSD>
        <pctVal>0.103501604993</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Nine Point Energy LLC COM USD NPV</name>
        <lei>549300P7VQ6Y0BZIKN47</lei>
        <title>Nine Point Energy LLC COM USD NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="1497905D"/>
          <other otherDesc="Internal Identifier" value="805160"/>
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        <balance>21663.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1.69000000</valUSD>
        <pctVal>0.000000554502</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>ENDO DAC / ENDO FINANCE LLC / ENDO FINCO INC 6.00% 07/15/2023 144A</name>
        <lei>N/A</lei>
        <title>ENDO DAC / ENDO FINANCE LLC / ENDO FINCO INC 6.00% 07/15/2023 144A</title>
        <cusip>29273EAC2</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="607357"/>
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        <balance>410000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>253523.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FANNIE MAE 6.00% 02/01/2036 FNL FNCL</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FANNIE MAE 6.00% 02/01/2036 FNL FNCL</title>
        <cusip>31409CE76</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="528102"/>
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        <balance>79545.65000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>91523.88000000</valUSD>
        <pctVal>0.030029698764</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BEACON ROOFING SUPPLY INC 4.875% 11/01/2025 144A</name>
        <lei>549300HDXQWWCBOYXP31</lei>
        <title>BEACON ROOFING SUPPLY INC 4.875% 11/01/2025 144A</title>
        <cusip>073685AD1</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="676419"/>
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        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>492500.00000000</valUSD>
        <pctVal>0.161593090693</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FEDERAL HOME LOAN MORTGAGE CORP 4.5% 09/01/2048 FNL</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FEDERAL HOME LOAN MORTGAGE CORP 4.5% 09/01/2048 FNL</title>
        <cusip>01F0426A6</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="929223"/>
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        <balance>7400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7793703.16000000</valUSD>
        <pctVal>2.557174784911</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>DOWNSTREAM DEV AUTH OF QUAPAW TRIBE OF THE OKLAH 10.50% 02/15/2023 144A</name>
        <lei>549300NM30NX0VZ5ZB32</lei>
        <title>DOWNSTREAM DEV AUTH OF QUAPAW TRIBE OF THE OKLAH 10.50% 02/15/2023 144A</title>
        <cusip>26112TAJ5</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="683419"/>
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        <balance>1400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1498000.00000000</valUSD>
        <pctVal>0.491505481945</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>10.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GOVT NATL MORTG ASSN 8.00% 01/20/2028      GNMA II</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GOVT NATL MORTG ASSN 8.00% 01/20/2028      GNMA II</title>
        <cusip>36202CZB2</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="307775"/>
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        <balance>613.22000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>667.61000000</valUSD>
        <pctVal>0.000219048047</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FORESIGHT ENERGY LLC 8.27663% 03/28/2022 Term Loans</name>
        <lei>549300HM3UR1W0JJ7F28</lei>
        <title>FORESIGHT ENERGY LLC 8.27663% 03/28/2022 Term Loans</title>
        <cusip>34552HAE3</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="662339"/>
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        <balance>1920449.72000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1128264.21000000</valUSD>
        <pctVal>0.370192285913</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-03-28</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.87413000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JAGUAR HOLDING CO II/PHARMACEUTICAL PRODUCT DEVE 6.375% 08/01/2023 144A</name>
        <lei>N/A</lei>
        <title>JAGUAR HOLDING CO II/PHARMACEUTICAL PRODUCT DEVE 6.375% 08/01/2023 144A</title>
        <cusip>47010DAA8</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="609894"/>
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        <balance>1200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1243500.00000000</valUSD>
        <pctVal>0.408002047262</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.37500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FIRSTCASH INC 5.375% 06/01/2024 144A</name>
        <lei>549300V2X3UU7K0DG350</lei>
        <title>FIRSTCASH INC 5.375% 06/01/2024 144A</title>
        <cusip>33767DAA3</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="666492"/>
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        <balance>900000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>931500.00000000</valUSD>
        <pctVal>0.305632414173</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>WESTERN DIGITAL CORP 3.64988% 04/29/2023 U.S. Term B-4 Loan</name>
        <lei>549300QQXOOYEF89IC56</lei>
        <title>WESTERN DIGITAL CORP 3.64988% 04/29/2023 U.S. Term B-4 Loan</title>
        <cusip>95810DAR2</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="873624"/>
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        <balance>1404996.11000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1404238.82000000</valUSD>
        <pctVal>0.460741707604</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-04-29</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.01175000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ALTRA INDUSTRIAL MOTION CORP 6.5% 10/1/2025 Term Loan</name>
        <lei>NQ0NIXPGW4YKG4MWM571</lei>
        <title>ALTRA INDUSTRIAL MOTION CORP 6.5% 10/1/2025 Term Loan</title>
        <cusip>02208HAB4</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="933611"/>
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        <balance>977775.13000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>978378.42000000</valUSD>
        <pctVal>0.321013589350</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-10-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.11200000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Bausch health Cos inc 6.50% 03/15/2022 144A</name>
        <lei>B3BS7ACMDUWISF18KY76</lei>
        <title>Bausch health Cos inc 6.50% 03/15/2022 144A</title>
        <cusip>91911KAJ1</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="661864"/>
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        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>207000.00000000</valUSD>
        <pctVal>0.067918314260</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Qorvo Inc 5.5% 07/15/2026</name>
        <lei>254900YAUJV2EUEVBR11</lei>
        <title>Qorvo Inc 5.5% 07/15/2026</title>
        <cusip>74736KAF8</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="987332"/>
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        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>529375.00000000</valUSD>
        <pctVal>0.173692065757</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CCO HOLDINGS LLC/CAPITAL CORP 5.125% 05/01/2023 144A</name>
        <lei>N/A</lei>
        <title>CCO HOLDINGS LLC/CAPITAL CORP 5.125% 05/01/2023 144A</title>
        <cusip>1248EPBF9</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="601707"/>
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        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>513620.00000000</valUSD>
        <pctVal>0.168522727394</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Stars Group Holdings BV / Stars Group US Co-Borrower LLC 7% 07/15/2026 144A</name>
        <lei>N/A</lei>
        <title>Stars Group Holdings BV / Stars Group US Co-Borrower LLC 7% 07/15/2026 144A</title>
        <cusip>85572NAA6</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="879063"/>
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        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>533750.00000000</valUSD>
        <pctVal>0.175127537375</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT N FRN 02/25/2024 2014-DN1 M2</name>
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        <title>FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT N FRN 02/25/2024 2014-DN1 M2</title>
        <cusip>3137G0AL3</cusip>
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          <other otherDesc="Internal Identifier" value="604168"/>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA RESOURCES CORP 8.00% 12/15/2022 144A</name>
        <lei>5493003Q8F0T4F4YMR48</lei>
        <title>CALIFORNIA RESOURCES CORP 8.00% 12/15/2022 144A</title>
        <cusip>13057QAG2</cusip>
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          <other otherDesc="Internal Identifier" value="620024"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Springleaf Finance Corp 6.625% 01/15/2028</name>
        <lei>5493008I795YYBFWFU90</lei>
        <title>Springleaf Finance Corp 6.625% 01/15/2028</title>
        <cusip>85172FAQ2</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="980686"/>
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        <balance>600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>646680.00000000</valUSD>
        <pctVal>0.212180751044</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GENERAL NUTRITION CTRS INC 11% 03/04/2021 Tranche B-2 Term Loans</name>
        <lei>549300Z75YN8DOM1XD09</lei>
        <title>GENERAL NUTRITION CTRS INC 11% 03/04/2021 Tranche B-2 Term Loans</title>
        <cusip>37047QAS8</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="684994"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>287532.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-03-04</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.88829000</annualizedRt>
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      <invstOrSec>
        <name>SEALED AIR CORP 5.125% 12/01/2024 144A</name>
        <lei>Q0M0CZB4YN6JZ65WXI09</lei>
        <title>SEALED AIR CORP 5.125% 12/01/2024 144A</title>
        <cusip>81211KAW0</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="591513"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>537500.00000000</valUSD>
        <pctVal>0.176357941619</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Centene Corp 5.375% 06/01/2026 144A</name>
        <lei>549300Z7JJ4TQSQGT333</lei>
        <title>Centene Corp 5.375% 06/01/2026 144A</title>
        <cusip>15137TAA8</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="873864"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1050000.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Clear Channel Worldwide Holdings Inc 9.25% 02/15/2024 144A</name>
        <lei>N/A</lei>
        <title>Clear Channel Worldwide Holdings Inc 9.25% 02/15/2024 144A</title>
        <cusip>18451QAN8</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="960561"/>
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        <balance>596000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>656291.36000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SUNCOKE ENERGY PARTNERS LP / SUNCOKE ENERGY PART 7.50% 06/15/2025 144A</name>
        <lei>N/A</lei>
        <title>SUNCOKE ENERGY PARTNERS LP / SUNCOKE ENERGY PART 7.50% 06/15/2025 144A</title>
        <cusip>86723CAF5</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="666604"/>
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        <balance>1500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1340625.00000000</valUSD>
        <pctVal>0.439869517178</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FIRST QUANTUM MINERALS LTD 7.00% 02/15/2021 144A</name>
        <lei>549300I7UVBGWRYMYZ18</lei>
        <title>FIRST QUANTUM MINERALS LTD 7.00% 02/15/2021 144A</title>
        <cusip>335934AF2</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="570313"/>
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        <balance>257000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>259570.00000000</valUSD>
        <pctVal>0.085166941220</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Nascar Holdings Inc 6.50% 09/26/2026 Term Loan B</name>
        <lei>549300XWV2JTQZZOV244</lei>
        <title>Nascar Holdings Inc 6.50% 09/26/2026 Term Loan B</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Sec ID" value="998927"/>
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        <balance>804202.84000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>810925.17000000</valUSD>
        <pctVal>0.266070872164</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-26</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FANNIE MAE 4.50% 09/01/2029 FNL FNCL</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FANNIE MAE 4.50% 09/01/2029 FNL FNCL</title>
        <cusip>31418MD33</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="626065"/>
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        <balance>37447.35000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>39918.30000000</valUSD>
        <pctVal>0.013097505527</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Consumer Loan Underlying Bond Certificate Issuer Trust I Series 2019-37 10/17/2044 2019-37 PT 144A</name>
        <lei>N/A</lei>
        <title>Consumer Loan Underlying Bond Certificate Issuer Trust I Series 2019-37 10/17/2044 2019-37 PT 144A</title>
        <cusip>21054QAA1</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="1009078"/>
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        <balance>998652.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>967277.25000000</valUSD>
        <pctVal>0.317371208902</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-10-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>23.923225</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FEDERAL HOME LOAN MORTGAGE CORP 6.00% 09/01/2033      FHLMC G30</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FEDERAL HOME LOAN MORTGAGE CORP 6.00% 09/01/2033      FHLMC G30</title>
        <cusip>31283HX75</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="290622"/>
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        <balance>112929.34000000</balance>
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        <curCd>USD</curCd>
        <valUSD>130099.03000000</valUSD>
        <pctVal>0.042686506302</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Dryden 58 Clo Ltd FRN 07/17/2031 18-58A C 144A</name>
        <lei>549300YIDGL7GPSLZ840</lei>
        <title>Dryden 58 Clo Ltd FRN 07/17/2031 18-58A C 144A</title>
        <cusip>26245RAG5</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="689426"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2888970.00000000</valUSD>
        <pctVal>0.947893586232</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-17</maturityDt>
          <couponKind>Floating</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NINE POINT ENERGY HOLDINGS INC CNV PFD SER A</name>
        <lei>549300FCL6TQ7WK78C08</lei>
        <title>NINE POINT ENERGY HOLDINGS INC CNV PFD SER A</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Sec ID" value="663834"/>
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        <balance>404.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>330547.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>THORNBURG MORTGAGE SECURITIES TRUST FRN 4/25/2045 05-1 A3</name>
        <lei>N/A</lei>
        <title>THORNBURG MORTGAGE SECURITIES TRUST FRN 4/25/2045 05-1 A3</title>
        <cusip>885220HB2</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="586476"/>
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        <balance>380396.54500000</balance>
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        <curCd>USD</curCd>
        <valUSD>383087.32000000</valUSD>
        <pctVal>0.125693937145</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-04-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.58282400</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TALEN ENERGY SUPPLY LLC 6.50% 06/01/2025</name>
        <lei>K5K33XN0PQAU1XF7NN66</lei>
        <title>TALEN ENERGY SUPPLY LLC 6.50% 06/01/2025</title>
        <cusip>87422VAA6</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="624121"/>
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        <balance>1600000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1224000.00000000</valUSD>
        <pctVal>0.401603945194</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>AKER BP ASA 5.875% 03/31/2025 144A</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      </invstOrSec>
      <invstOrSec>
        <name>FERRELLGAS LP/FINANCE CORP 6.75% 06/15/2023</name>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>MEDNAX Inc 6.25% 01/15/2027 144A</name>
        <lei>N/A</lei>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>UBS AG LONDON 2.758% 11/14/2019 REPO</name>
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        <assetCat>RA</assetCat>
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        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Performance Food Group Inc 5.5% 10/15/2027 144A</name>
        <lei>549300OMUOGBYK0FFO76</lei>
        <title>Performance Food Group Inc 5.5% 10/15/2027 144A</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>DKT Finance ApS 9.375% 06/17/2023 144A</name>
        <lei>529900CPZ2SMDPG5RV48</lei>
        <title>DKT Finance ApS 9.375% 06/17/2023 144A</title>
        <cusip>255882AA0</cusip>
        <identifiers>
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        <curCd>USD</curCd>
        <valUSD>1613017.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>1011778 BC ULC/NEW RED FINANCE INC 4.25% 05/15/2024 144A</name>
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        <title>1011778 BC ULC/NEW RED FINANCE INC 4.25% 05/15/2024 144A</title>
        <cusip>68245XAC3</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="665439"/>
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        <curCd>USD</curCd>
        <valUSD>823388.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>CITIGROUP COMMERCIAL MORTGAGE TRUST 3.137% 02/10/2048 2015-GC27 A5</name>
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        <title>CITIGROUP COMMERCIAL MORTGAGE TRUST 3.137% 02/10/2048 2015-GC27 A5</title>
        <cusip>17323CAE7</cusip>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>OCI NV 6.625% 04/15/2023 144A</name>
        <lei>549300NCMRGIBJYUOE57</lei>
        <title>OCI NV 6.625% 04/15/2023 144A</title>
        <cusip>67091GAA1</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="870007"/>
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        <balance>400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>408000.00000000</valUSD>
        <pctVal>0.133867981731</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Altice Luxembourg SA 10.5% 05/15/2027 144A</name>
        <lei>2221006ZDZREFLFIFQ42</lei>
        <title>Altice Luxembourg SA 10.5% 05/15/2027 144A</title>
        <cusip>02156DAA7</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="980313"/>
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        <balance>1400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1580250.00000000</valUSD>
        <pctVal>0.518492348361</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>10.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>NEWPAGE CORP ESCROW ACCOUNT 11.375% 12/31/14 *REF SM#459991*</name>
        <lei>NO9X1VSZ0FTLOJMCQD79</lei>
        <title>NEWPAGE CORP ESCROW ACCOUNT 11.375% 12/31/14 *REF SM#459991*</title>
        <cusip>651715AK0</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="540331"/>
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        <curCd>USD</curCd>
        <valUSD>0.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
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        <name>FEDERAL HOME LOAN MORTGAGE CORP 6.00% 07/01/2028 FHLMC G30</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FEDERAL HOME LOAN MORTGAGE CORP 6.00% 07/01/2028 FHLMC G30</title>
        <cusip>31292GV45</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="162189"/>
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        <curCd>USD</curCd>
        <valUSD>7136.83000000</valUSD>
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        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Madison Park Funding XXXI Ltd FRN 01/23/2031 2018-31A D 144A</name>
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        <title>Madison Park Funding XXXI Ltd FRN 01/23/2031 2018-31A D 144A</title>
        <cusip>55819DAL0</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="992622"/>
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        <curCd>USD</curCd>
        <valUSD>1216412.50000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>B&amp;G FOODS INC 5.25% 04/01/2025</name>
        <lei>549300TRW1LZMDJZAQ78</lei>
        <title>B&amp;G FOODS INC 5.25% 04/01/2025</title>
        <cusip>05508RAE6</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="663320"/>
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        <curCd>USD</curCd>
        <valUSD>1025000.00000000</valUSD>
        <pctVal>0.336310493320</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>FANNIE MAE 6.50% 07/01/2020      FNMA 15</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FANNIE MAE 6.50% 07/01/2020      FNMA 15</title>
        <cusip>31403CXL0</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="370403"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2.77000000</valUSD>
        <pctVal>0.000000908858</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FMG RESOURCES AUGUST 2006 PTY LTD 5.125% 03/15/2023 144A</name>
        <lei>549300EFD6S2NFE9D745</lei>
        <title>FMG RESOURCES AUGUST 2006 PTY LTD 5.125% 03/15/2023 144A</title>
        <cusip>30251GAY3</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="685852"/>
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        <balance>600000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>620250.00000000</valUSD>
        <pctVal>0.203508861933</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>ARDAGH PACKAGING FINANCE PLC/MP HOLDINGS USA INC 4.25% 09/15/2022 144A</name>
        <lei>N/A</lei>
        <title>ARDAGH PACKAGING FINANCE PLC/MP HOLDINGS USA INC 4.25% 09/15/2022 144A</title>
        <cusip>03969AAM2</cusip>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>VERTIV GROUP CORP 9.25% 10/15/2024 144A</name>
        <lei>549300ZT8RQ5VK10E643</lei>
        <title>VERTIV GROUP CORP 9.25% 10/15/2024 144A</title>
        <cusip>220517AA4</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="647257"/>
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        <curCd>USD</curCd>
        <valUSD>1550000.00000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ENDO DAC / ENDO FINANCE LLC / ENDO FINCO INC 6.00% 02/01/2025 144A</name>
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        <title>ENDO DAC / ENDO FINANCE LLC / ENDO FINCO INC 6.00% 02/01/2025 144A</title>
        <cusip>29273EAA6</cusip>
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        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>NATIONAL MENTOR HOLDINGS INC 6.5% 03/08/2026 Initial Term Loans</name>
        <lei>5493004QULJVJP3CNZ62</lei>
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        <cusip>63689EAJ4</cusip>
        <identifiers>
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        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Bausch Health Cos Inc 6.125% 04/15/2025 144A</name>
        <lei>B3BS7ACMDUWISF18KY76</lei>
        <title>Bausch Health Cos Inc 6.125% 04/15/2025 144A</title>
        <cusip>91831AAC5</cusip>
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          <other otherDesc="Internal Identifier" value="599700"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>ON SEMICONDUCTOR CORP 6.5% 09/18/2026 2019 Replacement Term B-4 Loans</name>
        <lei>ZV20P4CNJVT8V1ZGJ064</lei>
        <title>ON SEMICONDUCTOR CORP 6.5% 09/18/2026 2019 Replacement Term B-4 Loans</title>
        <cusip>000000000</cusip>
        <identifiers>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>POST HOLDINGS INC 4.07% 05/24/2024 Series A Incremental Term Loans</name>
        <lei>JM1I5YUAURL6DC8N1468</lei>
        <title>POST HOLDINGS INC 4.07% 05/24/2024 Series A Incremental Term Loans</title>
        <cusip>73744GAJ1</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="685934"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Digicel Group Two Ltd 8.25% 09/30/2022 144A</name>
        <lei>N/A</lei>
        <title>Digicel Group Two Ltd 8.25% 09/30/2022 144A</title>
        <cusip>25382FAB7</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="955391"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FANNIE MAE 3.50% 06/01/2045 FNL FNCL</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FANNIE MAE 3.50% 06/01/2045 FNL FNCL</title>
        <cusip>3138YVHC6</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="622908"/>
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        <balance>691995.91000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Syneos Health Inc 6.50% 08/01/2021 Initial Term B Loans</name>
        <lei>549300F1ZGKDS8P6GU13</lei>
        <title>Syneos Health Inc 6.50% 08/01/2021 Initial Term B Loans</title>
        <cusip>44988EAE3</cusip>
        <identifiers>
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        <valUSD>1018001.03000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>FEDERAL HOME LOAN MORTGAGE CORP 3.5% 11/01/2048 G30</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FEDERAL HOME LOAN MORTGAGE CORP 3.5% 11/01/2048 G30</title>
        <cusip>3128MJ5M8</cusip>
        <identifiers>
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        <curCd>USD</curCd>
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        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>MPH ACQUISITION HOLDINGS LLC 7.125% 06/01/2024 144A</name>
        <lei>5493002WXOPRPTXWTU06</lei>
        <title>MPH ACQUISITION HOLDINGS LLC 7.125% 06/01/2024 144A</title>
        <cusip>553283AB8</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="635582"/>
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        <curCd>USD</curCd>
        <valUSD>1204125.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>DONCASTERS US FINANCE LLC 5.83438% 04/09/2020 Term B Loans</name>
        <lei>N/A</lei>
        <title>DONCASTERS US FINANCE LLC 5.83438% 04/09/2020 Term B Loans</title>
        <cusip>25769JAB2</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="574814"/>
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        <curCd>USD</curCd>
        <valUSD>957049.31000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-04-09</maturityDt>
          <couponKind>Floating</couponKind>
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        <name>Merrill Lynch Mortgage Investors Trust Series 2003-OPT1 FRN 07/25/2034 MLMI 2003 OPT1 B2</name>
        <lei>N/A</lei>
        <title>Merrill Lynch Mortgage Investors Trust Series 2003-OPT1 FRN 07/25/2034 MLMI 2003 OPT1 B2</title>
        <cusip>5899295P9</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="290958"/>
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        <curCd>USD</curCd>
        <valUSD>9079.71000000</valUSD>
        <pctVal>0.002979123657</pctVal>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>FANNIE MAE 3.50% 01/01/2021 FNI FNCI</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FANNIE MAE 3.50% 01/01/2021 FNI FNCI</title>
        <cusip>31417YVX2</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="620052"/>
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        <balance>1427.32000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1475.90000000</valUSD>
        <pctVal>0.000484254299</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2021-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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        <name>WELLS FARGO MORTGAGE BACKED SECURITIES TRUST 5.50% 04/25/2022 2007-3 3A1</name>
        <lei>N/A</lei>
        <title>WELLS FARGO MORTGAGE BACKED SECURITIES TRUST 5.50% 04/25/2022 2007-3 3A1</title>
        <cusip>94985TBC1</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="474462"/>
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        <balance>25490.05000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>25490.05000000</valUSD>
        <pctVal>0.008363484185</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-04-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>OXBOW CARBON LLC 5.82675% 01/04/2023 Tranche B Term Loan</name>
        <lei>IH5EFCAY91O8SVS0VX92</lei>
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          <other otherDesc="Internal Identifier" value="681041"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MERRILL LYNCH MORTGAGE INVESTORS TRUST FRN 08/25/2035 05-A6 2A3</name>
        <lei>N/A</lei>
        <title>MERRILL LYNCH MORTGAGE INVESTORS TRUST FRN 08/25/2035 05-A6 2A3</title>
        <cusip>59020UZJ7</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="580305"/>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>DAE Funding LLC 5.75% 11/15/2023 144A</name>
        <lei>635400SZTPQL3Y1P2C76</lei>
        <title>DAE Funding LLC 5.75% 11/15/2023 144A</title>
        <cusip>23371DAE4</cusip>
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          <other otherDesc="Internal Identifier" value="941746"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>TIBCO SOFTWARE INC 6.5% 06/30/2026 Term B-2 Loans</name>
        <lei>04EEB871XLHVNY4RZJ65</lei>
        <title>TIBCO SOFTWARE INC 6.5% 06/30/2026 Term B-2 Loans</title>
        <cusip>88632NAK6</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="989479"/>
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        <balance>1984732.13000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1990301.29000000</valUSD>
        <pctVal>0.653033374338</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-30</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.07000000</annualizedRt>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FANNIE MAE 3.50% 01/01/2026      FNMA 15</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FANNIE MAE 3.50% 01/01/2026      FNMA 15</title>
        <cusip>31419H3M2</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="484074"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>NAVIENT CORP 7.25% 09/25/2023</name>
        <lei>54930067J0ZNOEBRW338</lei>
        <title>NAVIENT CORP 7.25% 09/25/2023</title>
        <cusip>63938CAE8</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="645584"/>
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        <balance>400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>436300.00000000</valUSD>
        <pctVal>0.143153432425</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-09-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FANNIE MAE 5.00% 07/01/2039 FNL FNCL</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FANNIE MAE 5.00% 07/01/2039 FNL FNCL</title>
        <cusip>31416CJQ0</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="532881"/>
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        <balance>67055.96000000</balance>
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        <curCd>USD</curCd>
        <valUSD>74072.19000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>T-MOBILE USA INC 4.00% 04/15/2022</name>
        <lei>549300V2JRLO5DIFGE82</lei>
        <title>T-MOBILE USA INC 4.00% 04/15/2022</title>
        <cusip>87264AAR6</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="662034"/>
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        <balance>700000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>719250.00000000</valUSD>
        <pctVal>0.235991533971</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>LEGALZOOM.COM INC 6.8055% 11/21/2024 2018 Term Loans</name>
        <lei>5493000L8EBF74Y9JZ48</lei>
        <title>LEGALZOOM.COM INC 6.8055% 11/21/2024 2018 Term Loans</title>
        <cusip>52471BAJ5</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="944988"/>
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        <balance>1985000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1995544.32000000</valUSD>
        <pctVal>0.654753653368</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-11-21</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.61200000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CSC HOLDINGS LLC 5.25% 06/01/2024</name>
        <lei>3HG2WD2W22M120IUNG49</lei>
        <title>CSC HOLDINGS LLC 5.25% 06/01/2024</title>
        <cusip>126307AH0</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="606676"/>
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        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>538750.00000000</valUSD>
        <pctVal>0.176768076367</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
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      <invstOrSec>
        <name>FANNIE MAE 3.50% 03/01/2048 FNMA</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FANNIE MAE 3.50% 03/01/2048 FNMA</title>
        <cusip>31418CU77</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="686047"/>
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        <balance>4189485.57000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4339712.14000000</valUSD>
        <pctVal>1.423893395778</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ARD FINANCE SA 7.125%/7.875% 09/15/2023 TOGG PIK</name>
        <lei>6354006P6QPGGPVJW880</lei>
        <title>ARD FINANCE SA 7.125%/7.875% 09/15/2023 TOGG PIK</title>
        <cusip>00191AAC0</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="665994"/>
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        <balance>600000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>618750.00000000</valUSD>
        <pctVal>0.203016700236</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.12500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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        <name>GOVT NATL MORTG ASSN 7.00% 01/20/2024 GNMA II SF</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GOVT NATL MORTG ASSN 7.00% 01/20/2024 GNMA II SF</title>
        <cusip>36202BWH4</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="105734"/>
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        <balance>10935.74000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>11478.70000000</valUSD>
        <pctVal>0.003766250985</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-01-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GOVT NATL MORTG ASSN 6.50% 06/15/2031      GNMA SF</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GOVT NATL MORTG ASSN 6.50% 06/15/2031      GNMA SF</title>
        <cusip>36213QXP9</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="307763"/>
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        <balance>231090.57000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>257226.01000000</valUSD>
        <pctVal>0.084397859822</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>WEST CORP 8.50% 10/15/2025 144A</name>
        <lei>5493005Z5DB0O5S30R71</lei>
        <title>WEST CORP 8.50% 10/15/2025 144A</title>
        <cusip>68163PAA2</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="675902"/>
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        <balance>1700000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1374875.00000000</valUSD>
        <pctVal>0.451107209272</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NAVIENT CORP 6.625% 07/26/2021</name>
        <lei>54930067J0ZNOEBRW338</lei>
        <title>NAVIENT CORP 6.625% 07/26/2021</title>
        <cusip>63938CAD0</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="641401"/>
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        <balance>400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>421000.00000000</valUSD>
        <pctVal>0.138133383110</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-07-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GRIFOLS WORLDWIDE OPERATIONS USA INC 4.46988% 01/31/2025 Tranche B Term Loan</name>
        <lei>N/A</lei>
        <title>GRIFOLS WORLDWIDE OPERATIONS USA INC 4.46988% 01/31/2025 Tranche B Term Loan</title>
        <cusip>39843PAD5</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="657991"/>
        </identifiers>
        <balance>1710023.46000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1720444.34000000</valUSD>
        <pctVal>0.564491204601</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-01-31</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.19688000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GOVT NATL MORTG ASSN 8.00% 10/20/2031      GNMA II</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GOVT NATL MORTG ASSN 8.00% 10/20/2031      GNMA II</title>
        <cusip>36202DQE4</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="307784"/>
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        <balance>872.65000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>874.52000000</valUSD>
        <pctVal>0.000286936831</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-10-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CSM BAKERY SUPPLIES LLC 6.41% 07/03/2020 Term Loans</name>
        <lei>5493001EXHLY7Q2ERI31</lei>
        <title>CSM BAKERY SUPPLIES LLC 6.41% 07/03/2020 Term Loans</title>
        <cusip>60001PAB3</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="550439"/>
        </identifiers>
        <balance>2000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1915000.00000000</valUSD>
        <pctVal>0.628326433862</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-07-03</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.29000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NAVIOS MARITIME MIDSTREAM PARTNERS LP 6.84% 06/18/2020 Initial Term Loan</name>
        <lei>549300KQ607J576LCB18</lei>
        <title>NAVIOS MARITIME MIDSTREAM PARTNERS LP 6.84% 06/18/2020 Initial Term Loan</title>
        <cusip>Y6213LAB2</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="606742"/>
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        <balance>1100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1093583.70000000</valUSD>
        <pctVal>0.358813340131</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-06-18</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.55000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GLOBAL TEL*LINK CORP 6.5% 11/20/2025 First Lien Term Loan</name>
        <lei>549300YI0BNF11FDQE44</lei>
        <title>GLOBAL TEL*LINK CORP 6.5% 11/20/2025 First Lien Term Loan</title>
        <cusip>37959JAB7</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="945654"/>
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        <balance>1985000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1907585.00000000</valUSD>
        <pctVal>0.625893514537</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-11-29</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.36200000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA RESOURCES CORP 5.50% 09/15/2021</name>
        <lei>5493003Q8F0T4F4YMR48</lei>
        <title>CALIFORNIA RESOURCES CORP 5.50% 09/15/2021</title>
        <cusip>13057QAD9</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="601481"/>
        </identifiers>
        <balance>37000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>17740.90000000</valUSD>
        <pctVal>0.005820927639</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>STEEL DYNAMICS INC 5.125% 10/01/2021</name>
        <lei>549300HGGKEL4FYTTQ83</lei>
        <title>STEEL DYNAMICS INC 5.125% 10/01/2021</title>
        <cusip>858119BC3</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="602907"/>
        </identifiers>
        <balance>1500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1507215.00000000</valUSD>
        <pctVal>0.494528995307</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HUDBAY MINERALS INC 7.25% 01/15/2023 144A</name>
        <lei>549300WI524AL577IX21</lei>
        <title>HUDBAY MINERALS INC 7.25% 01/15/2023 144A</title>
        <cusip>443628AF9</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="654550"/>
        </identifiers>
        <balance>400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>414500.00000000</valUSD>
        <pctVal>0.136000682420</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TENNANT CO 5.625% 05/01/2025</name>
        <lei>JYAIRLT8DVP6DP8UT336</lei>
        <title>TENNANT CO 5.625% 05/01/2025</title>
        <cusip>880345AB9</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="684182"/>
        </identifiers>
        <balance>800000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>836000.00000000</valUSD>
        <pctVal>0.274298119430</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MICHAELS STORES INC 6.5% 01/28/2023 2018 New Replacement Term B Loan</name>
        <lei>BV4WJ23XIGNG4UDYEK73</lei>
        <title>MICHAELS STORES INC 6.5% 01/28/2023 2018 New Replacement Term B Loan</title>
        <cusip>594088AQ9</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="875059"/>
        </identifiers>
        <balance>1991756.66000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1949431.83000000</valUSD>
        <pctVal>0.639623785797</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-01-28</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.59452000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UBS AG LONDON 3.108% 11/14/2019 REPO</name>
        <lei>BFM8T61CT2L1QCEMIK50</lei>
        <title>UBS AG LONDON 3.108% 11/14/2019 REPO</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Sec ID" value="1002093"/>
        </identifiers>
        <balance>-965000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>-965000.00000000</valUSD>
        <pctVal>-0.31662402541</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>RA</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <repurchaseAgrmt>
          <transCat>Reverse repurchase</transCat>
          <notClearedCentCparty isCleared="N">
            <counterpartyInfos>
              <counterpartyInfo lei="BFM8T61CT2L1QCEMIK50" name="UBS AG LONDON"/>
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          <isTriParty>N</isTriParty>
          <repurchaseRt>3.108</repurchaseRt>
          <maturityDt>2019-11-14</maturityDt>
          <repurchaseCollaterals>
            <repurchaseCollateral>
              <principalAmt>1250000</principalAmt>
              <principalCd>USD</principalCd>
              <collateralVal>1216492.58</collateralVal>
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              <invstCat>ABS</invstCat>
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          </repurchaseCollaterals>
        </repurchaseAgrmt>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>UBS AG LONDON 3.108% 11/14/2019 REPO</name>
        <lei>BFM8T61CT2L1QCEMIK50</lei>
        <title>UBS AG LONDON 3.108% 11/14/2019 REPO</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Sec ID" value="1002097"/>
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        <balance>-770000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>-770000.00000000</valUSD>
        <pctVal>-0.25264300473</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>RA</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <repurchaseAgrmt>
          <transCat>Reverse repurchase</transCat>
          <notClearedCentCparty isCleared="N">
            <counterpartyInfos>
              <counterpartyInfo lei="BFM8T61CT2L1QCEMIK52" name="UBS AG LONDON"/>
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          <isTriParty>N</isTriParty>
          <repurchaseRt>3.108</repurchaseRt>
          <maturityDt>2019-11-14</maturityDt>
          <repurchaseCollaterals>
            <repurchaseCollateral>
              <principalAmt>1000000</principalAmt>
              <principalCd>USD</principalCd>
              <collateralVal>967932.82</collateralVal>
              <collateralCd>USD</collateralCd>
              <invstCat>ABS</invstCat>
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          </repurchaseCollaterals>
        </repurchaseAgrmt>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>WMG ACQUISITION CORP 5.00% 08/01/2023 144A</name>
        <lei>549300NAS11NXI33CP80</lei>
        <title>WMG ACQUISITION CORP 5.00% 08/01/2023 144A</title>
        <cusip>92933BAK0</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="641120"/>
        </identifiers>
        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>102625.00000000</valUSD>
        <pctVal>0.033672062806</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JBS USA LUX SA 6.5% 05/01/2026 New Term Loans</name>
        <lei>P77IMDGVZE8EFBTF2M92</lei>
        <title>JBS USA LUX SA 6.5% 05/01/2026 New Term Loans</title>
        <cusip>46611VAU9</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="978620"/>
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        <balance>1754915.69000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1765701.40000000</valUSD>
        <pctVal>0.579340398918</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.61200000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ONSITE RENTAL GROUP OPERATIONS PTY LTD 6.81488% 10/25/2022 Term Loan</name>
        <lei>5493008YQUVFPVW2VW35</lei>
        <title>ONSITE RENTAL GROUP OPERATIONS PTY LTD 6.81488% 10/25/2022 Term Loan</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Sec ID" value="677244"/>
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        <balance>696715.60500000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>688006.66000000</valUSD>
        <pctVal>0.225740350470</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-10-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.51838000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Madison Park Funding XXIII Ltd FRN 07/27/2030 144A 2017-23A D</name>
        <lei>N/A</lei>
        <title>Madison Park Funding XXIII Ltd FRN 07/27/2030 144A 2017-23A D</title>
        <cusip>55820TAG3</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="996828"/>
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        <balance>3000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2963275.39000000</valUSD>
        <pctVal>0.972273764152</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-27</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.70575000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FEDERAL HOME LOAN MORTGAGE CORP 7.00% 09/01/2027      FHLMC G30</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FEDERAL HOME LOAN MORTGAGE CORP 7.00% 09/01/2027      FHLMC G30</title>
        <cusip>31283HF42</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="290351"/>
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        <balance>54005.76000000</balance>
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        <curCd>USD</curCd>
        <valUSD>58259.18000000</valUSD>
        <pctVal>0.019115291284</pctVal>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>WEATHERFORD INTERNATIONAL LTD/BERMUDA 4.50% 04/15/2022 *DEFAULT*</name>
        <lei>549300A2JKMG5PGOGF82</lei>
        <title>WEATHERFORD INTERNATIONAL LTD/BERMUDA 4.50% 04/15/2022 *DEFAULT*</title>
        <cusip>94707VAC4</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="517904"/>
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        <balance>400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>139000.00000000</valUSD>
        <pctVal>0.045606983972</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-04-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FANNIE MAE 6.50% 08/01/2032      FNMA 30</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FANNIE MAE 6.50% 08/01/2032      FNMA 30</title>
        <cusip>31371KR37</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="285243"/>
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        <balance>91453.98800000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>104986.70000000</valUSD>
        <pctVal>0.034446954994</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Avolon Holdings Funding Ltd 5.25% 05/15/2024 144A</name>
        <lei>635400ZRKEX9L1BKCH30</lei>
        <title>Avolon Holdings Funding Ltd 5.25% 05/15/2024 144A</title>
        <cusip>05401AAD3</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="963588"/>
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        <balance>400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>429280.00000000</valUSD>
        <pctVal>0.140850115680</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GOVT NATL MORTG ASSN 8.00% 04/20/2030      GNMA II</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GOVT NATL MORTG ASSN 8.00% 04/20/2030      GNMA II</title>
        <cusip>36202DGS4</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="307777"/>
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        <balance>622.20000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>745.70000000</valUSD>
        <pctVal>0.000244669985</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>West Corporation 6.52617% 10/10/2024 Term B Loans</name>
        <lei>5493005Z5DB0O5S30R71</lei>
        <title>West Corporation 6.52617% 10/10/2024 Term B Loans</title>
        <cusip>68162RAC5</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="675910"/>
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        <balance>1990725.36000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1778380.66000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-10-10</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.11200000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ALTICE LUXEMBOURG SA 7.75% 05/15/2022 144A</name>
        <lei>2221006ZDZREFLFIFQ42</lei>
        <title>ALTICE LUXEMBOURG SA 7.75% 05/15/2022 144A</title>
        <cusip>02154VAA9</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="575402"/>
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        <balance>292000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>298205.00000000</valUSD>
        <pctVal>0.097843386010</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GOVT NATL MORTG ASSN 8.00% 01/20/2030      GNMA II</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GOVT NATL MORTG ASSN 8.00% 01/20/2030      GNMA II</title>
        <cusip>36202DFH9</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="307776"/>
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        <balance>378.41000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>453.76000000</valUSD>
        <pctVal>0.000148882194</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>T-MOBILE USA INC 6.50% 01/15/2024</name>
        <lei>549300V2JRLO5DIFGE82</lei>
        <title>T-MOBILE USA INC 6.50% 01/15/2024</title>
        <cusip>87264AAJ4</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="564912"/>
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        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>519905.00000000</valUSD>
        <pctVal>0.170584884907</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Manitowoc Co Inc/The 9% 04/01/2026 144A</name>
        <lei>2RTSLGQ89VMY18RHX631</lei>
        <title>Manitowoc Co Inc/The 9% 04/01/2026 144A</title>
        <cusip>563571AL2</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="967939"/>
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        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>982500.00000000</valUSD>
        <pctVal>0.322365911890</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.00000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GOVT NATL MORTG ASSN 8.00% 05/20/2031      GNMA II</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GOVT NATL MORTG ASSN 8.00% 05/20/2031      GNMA II</title>
        <cusip>36202DM81</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="307782"/>
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        <balance>5623.23000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6402.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>THOR INDUSTRIES INC 6.5% 02/01/2026 Initial USD Term Loans</name>
        <lei>254900XZO1228PDSG060</lei>
        <title>THOR INDUSTRIES INC 6.5% 02/01/2026 Initial USD Term Loans</title>
        <cusip>88516DAB9</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="939685"/>
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        <balance>1331355.30000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1301399.81000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Consumer Loan Underlying Bond Certificate Issuer Trust I Series 2019-26 FRN 08/15/2044 144A</name>
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        <title>Consumer Loan Underlying Bond Certificate Issuer Trust I Series 2019-26 FRN 08/15/2044 144A</title>
        <cusip>21055TAA4</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="998229"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>GO DADDY OPERATING CO LLC 6.5% 02/15/2024 Tranche B-1 Term Loans</name>
        <lei>N/A</lei>
        <title>GO DADDY OPERATING CO LLC 6.5% 02/15/2024 Tranche B-1 Term Loans</title>
        <cusip>38017BAN6</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="871064"/>
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        <curCd>USD</curCd>
        <valUSD>1560154.26000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-02-15</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Tenet Healthcare Corp 4.875% 01/01/2026 144A</name>
        <lei>0W9AIBT6U6ADJ2I8HK17</lei>
        <title>Tenet Healthcare Corp 4.875% 01/01/2026 144A</title>
        <cusip>88033GCY4</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="1002078"/>
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        <curCd>USD</curCd>
        <valUSD>513750.00000000</valUSD>
        <pctVal>0.168565381408</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</annualizedRt>
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      <invstOrSec>
        <name>T-MOBILE USA INC ESRW USD NPV REF SM# 662034</name>
        <lei>549300V2JRLO5DIFGE82</lei>
        <title>T-MOBILE USA INC ESRW USD NPV REF SM# 662034</title>
        <cusip>87299ATQ7</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="919663"/>
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        <balance>700000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>0.00000000</valUSD>
        <pctVal>0.000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>SPRINT COMMUNICATIONS INC 7.00% 03/01/2020 144A</name>
        <lei>549300JKU50UT08ZWD77</lei>
        <title>SPRINT COMMUNICATIONS INC 7.00% 03/01/2020 144A</title>
        <cusip>852061AQ3</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="515474"/>
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        <balance>600000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>611250.00000000</valUSD>
        <pctVal>0.200555891748</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Consumer Loan Underlying Bond Certificate Issuer Trust I Series 2019-31 FRN 09/15/2044 2019-31 PT 144A</name>
        <lei>N/A</lei>
        <title>Consumer Loan Underlying Bond Certificate Issuer Trust I Series 2019-31 FRN 09/15/2044 2019-31 PT 144A</title>
        <cusip>21055FAA4</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="1001174"/>
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        <balance>980646.99000000</balance>
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        <curCd>USD</curCd>
        <valUSD>926733.86000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-09-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>22.58</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>WEATHERFORD INTERNATIONAL LTD/BERMUDA 7.75% 06/15/2021 *DEFAULT*</name>
        <lei>549300A2JKMG5PGOGF82</lei>
        <title>WEATHERFORD INTERNATIONAL LTD/BERMUDA 7.75% 06/15/2021 *DEFAULT*</title>
        <cusip>947075AJ6</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="637029"/>
        </identifiers>
        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>362500.00000000</valUSD>
        <pctVal>0.118939076906</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-06-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>7.75000000</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CHENIERE CORPUS CHRISTI HLDGS LLC 5.875% 03/31/2025</name>
        <lei>549300I7CIEWU1BBLQ53</lei>
        <title>CHENIERE CORPUS CHRISTI HLDGS LLC 5.875% 03/31/2025</title>
        <cusip>16412XAC9</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="665728"/>
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        <balance>600000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>669000.00000000</valUSD>
        <pctVal>0.219504117103</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-03-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SINCLAIR TELEVISION GROUP INC 4.6% 01/03/2024 Tranche B Term Loans</name>
        <lei>549300CQGEN0CH65UD62</lei>
        <title>SINCLAIR TELEVISION GROUP INC 4.6% 01/03/2024 Tranche B Term Loans</title>
        <cusip>829229AQ6</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="656092"/>
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        <balance>1950883.45000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1960003.83000000</valUSD>
        <pctVal>0.643092541441</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-01-03</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.37000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NOVELIS CORP 6.25% 08/15/2024 144A</name>
        <lei>549300G5F3W3B52WYL23</lei>
        <title>NOVELIS CORP 6.25% 08/15/2024 144A</title>
        <cusip>670001AA4</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="642970"/>
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        <balance>1300000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1361750.00000000</valUSD>
        <pctVal>0.446800794418</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>AVANTOR INC 6.00% 10/01/2024 144A</name>
        <lei>5493003VM0XB4U8YD238</lei>
        <title>AVANTOR INC 6.00% 10/01/2024 144A</title>
        <cusip>05352AAA8</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="675249"/>
        </identifiers>
        <balance>1100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1181433.00000000</valUSD>
        <pctVal>0.387637380541</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NAVIENT CORP 5.875% 03/25/2021</name>
        <lei>54930067J0ZNOEBRW338</lei>
        <title>NAVIENT CORP 5.875% 03/25/2021</title>
        <cusip>63938CAC2</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="600426"/>
        </identifiers>
        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>208500.00000000</valUSD>
        <pctVal>0.068410475958</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-03-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BLACKBOARD INC 9.75% 10/15/2021 144A</name>
        <lei>549300ONVS6PJZ5LRX23</lei>
        <title>BLACKBOARD INC 9.75% 10/15/2021 144A</title>
        <cusip>091935AD8</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="648687"/>
        </identifiers>
        <balance>1538000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1530310.00000000</valUSD>
        <pctVal>0.502106644910</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FEDERAL HOME LOAN MORTGAGE CORP 8.50% 07/01/2031      FHLMC G30</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FEDERAL HOME LOAN MORTGAGE CORP 8.50% 07/01/2031      FHLMC G30</title>
        <cusip>31283HR80</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="285777"/>
        </identifiers>
        <balance>197538.20700000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>226984.44000000</valUSD>
        <pctVal>0.074475364870</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FANNIE MAE 3.50% 04/01/2048 FNL FNCL</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FANNIE MAE 3.50% 04/01/2048 FNL FNCL</title>
        <cusip>31418CV27</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="686290"/>
        </identifiers>
        <balance>2022184.10000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2092602.58000000</valUSD>
        <pctVal>0.686599225369</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FEDERAL HOME LOAN MORTGAGE CORP 3.5% 11/01/2048 G30</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FEDERAL HOME LOAN MORTGAGE CORP 3.5% 11/01/2048 G30</title>
        <cusip>3128MJ5G1</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="940622"/>
        </identifiers>
        <balance>1561990.16000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1605180.39000000</valUSD>
        <pctVal>0.526672203736</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Rain CII Carbon LLC / CII Carbon Corp 7.25% 04/01/2025 144A</name>
        <lei>N/A</lei>
        <title>Rain CII Carbon LLC / CII Carbon Corp 7.25% 04/01/2025 144A</title>
        <cusip>75079RAC2</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="914301"/>
        </identifiers>
        <balance>800000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>768000.00000000</valUSD>
        <pctVal>0.251986789141</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Octagon Investment Partners XXII Ltd FRN 01/22/2030 2014-1A CRR 144A</name>
        <lei>549300MQ9W5DWZ8QX450</lei>
        <title>Octagon Investment Partners XXII Ltd FRN 01/22/2030 2014-1A CRR 144A</title>
        <cusip>67572YBU5</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="684208"/>
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        <balance>3050000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2950875.00000000</valUSD>
        <pctVal>0.968205099490</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-22</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.17763000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FANNIE MAE 4.00% 01/01/2048 FNL FNCL</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FANNIE MAE 4.00% 01/01/2048 FNL FNCL</title>
        <cusip>31418CS54</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="681281"/>
        </identifiers>
        <balance>1772521.32000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1855549.64000000</valUSD>
        <pctVal>0.608820307131</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ROYAL BANK OF SCOTLAND GROUP PLC 6.125% 12/15/2022</name>
        <lei>2138005O9XJIJN4JPN90</lei>
        <title>ROYAL BANK OF SCOTLAND GROUP PLC 6.125% 12/15/2022</title>
        <cusip>780099CE5</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="536750"/>
        </identifiers>
        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1083740.00000000</valUSD>
        <pctVal>0.355583545396</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.12500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FEDERAL HOME LOAN MORTGAGE CORP 4.00% 04/01/2048 G30 FGLMC</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FEDERAL HOME LOAN MORTGAGE CORP 4.00% 04/01/2048 G30 FGLMC</title>
        <cusip>3128MJ3Y4</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="687910"/>
        </identifiers>
        <balance>9538367.84000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>9999171.16000000</valUSD>
        <pctVal>3.280806034749</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>FANNIE MAE 4.00% 11/01/2044 FNL FNCL</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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        <cusip>3138WDKS9</cusip>
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        <name>ENDO LUXEMBOURG FINANCE CO I SARL AND ENDO LLC 6.1875% 04/29/2024 INITIAL TERM LOANS</name>
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        <name>ELDORADO RESORTS INC 4.28725% 04/17/2024 Initial Term Loan</name>
        <lei>5299000BKFWWVND5L441</lei>
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        <cusip>28470YAB3</cusip>
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        <name>New Enterprise Stone &amp; Lime Co 6.25% 03/15/2026 144A</name>
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        <name>Digicert Holdings Inc 6.5% 09/15/2026 Initial Term Loans</name>
        <lei>N/A</lei>
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        <cusip>24022KAB5</cusip>
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        <name>KFC HLDG/PIZZA HUT/TACO BELL 5.00% 06/01/2024 144A</name>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>EQUINOX HOLDINGS INC 6.5% 03/08/2024 Term B-1 Loans</name>
        <lei>549300W05QKLNGQIIA73</lei>
        <title>EQUINOX HOLDINGS INC 6.5% 03/08/2024 Term B-1 Loans</title>
        <cusip>29446CAP9</cusip>
        <identifiers>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>FEDERAL HOME LOAN MORTGAGE CORP 3.50% 03/01/2045 G30 FGLMC</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FEDERAL HOME LOAN MORTGAGE CORP 3.50% 03/01/2045 G30 FGLMC</title>
        <cusip>3128MJV23</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="619138"/>
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        <curCd>USD</curCd>
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        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>SEALED AIR CORP 5.50% 09/15/2025 144A</name>
        <lei>Q0M0CZB4YN6JZ65WXI09</lei>
        <title>SEALED AIR CORP 5.50% 09/15/2025 144A</title>
        <cusip>81211KAX8</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="606368"/>
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        <balance>600000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <name>Wand NewCo 3 Inc 6.5% 02/05/2026 First Lien Term Loan</name>
        <lei>549300Y3VZEWMSQW8494</lei>
        <title>Wand NewCo 3 Inc 6.5% 02/05/2026 First Lien Term Loan</title>
        <cusip>93369PAB0</cusip>
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        <valUSD>1006250.00000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>Aker BP ASA 4.75% 06/15/2024 144A</name>
        <lei>549300NFTY73920OYK69</lei>
        <title>Aker BP ASA 4.75% 06/15/2024 144A</title>
        <cusip>00973RAD5</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="990259"/>
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        <valUSD>522500.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>FANNIE MAE 4.00% 01/01/2045 FNL FNCL</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FANNIE MAE 4.00% 01/01/2045 FNL FNCL</title>
        <cusip>3138EPAK0</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="619142"/>
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        <curCd>USD</curCd>
        <valUSD>51904.39000000</valUSD>
        <pctVal>0.017030235128</pctVal>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>FANNIE MAE 5.50% 07/01/2020      FNMA 15</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FANNIE MAE 5.50% 07/01/2020      FNMA 15</title>
        <cusip>31403DGG8</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="435992"/>
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        <valUSD>2358.87000000</valUSD>
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        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>WYNN LAS VEGAS LLC/CAPITAL CORP 5.50% 03/01/2025 144A</name>
        <lei>N/A</lei>
        <title>WYNN LAS VEGAS LLC/CAPITAL CORP 5.50% 03/01/2025 144A</title>
        <cusip>983130AV7</cusip>
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          <other otherDesc="Internal Identifier" value="613652"/>
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        <curCd>USD</curCd>
        <valUSD>1789250.00000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>ONSITE RENTAL GROUP OPERATIONS PTY LTD 6.10%/6.10% 10/26/2023 TOGG PIK</name>
        <lei>5493008YQUVFPVW2VW35</lei>
        <title>ONSITE RENTAL GROUP OPERATIONS PTY LTD 6.10%/6.10% 10/26/2023 TOGG PIK</title>
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          <other otherDesc="Internal Sec ID" value="678002"/>
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        <valUSD>821583.86000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-10-26</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>IQVIA Inc 4.302% 03/07/2024 TERM B-1 DOLLAR LOANS</name>
        <lei>549300PLWY28YB00C717</lei>
        <title>IQVIA Inc 4.302% 03/07/2024 TERM B-1 DOLLAR LOANS</title>
        <cusip>44969CBF6</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="661408"/>
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        <balance>898404.71000000</balance>
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        <curCd>USD</curCd>
        <valUSD>903083.60000000</valUSD>
        <pctVal>0.296308771732</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-03-07</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.32988000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>Bausch Health Americas Inc 9.25% 04/01/2026 144A</name>
        <lei>KOO0397YRO83WY5MGD97</lei>
        <title>Bausch Health Americas Inc 9.25% 04/01/2026 144A</title>
        <cusip>91911XAV6</cusip>
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          <other otherDesc="Internal Identifier" value="686506"/>
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        <curCd>USD</curCd>
        <valUSD>1708110.00000000</valUSD>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-04-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Caesars Resort Collection LLC 6.5% 12/22/2024 Term B Loans</name>
        <lei>549300V3UCT773B1KR38</lei>
        <title>Caesars Resort Collection LLC 6.5% 12/22/2024 Term B Loans</title>
        <cusip>12769LAB5</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="871413"/>
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        <curCd>USD</curCd>
        <valUSD>1707267.85000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-12-22</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>WEATHERFORD INTERNATIONAL LTD 6.5% 07/03/2020 DIP Term Loan</name>
        <lei>529900LPBDSCQDJKHQ39</lei>
        <title>WEATHERFORD INTERNATIONAL LTD 6.5% 07/03/2020 DIP Term Loan</title>
        <cusip>94707NAR9</cusip>
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          <other otherDesc="Internal Identifier" value="993898"/>
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        <curCd>USD</curCd>
        <valUSD>985690.79000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-07-03</maturityDt>
          <couponKind>Floating</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>BCAP LLC TRUST FRN 05/26/2035 2009-RR1 2A2 144A</name>
        <lei>N/A</lei>
        <title>BCAP LLC TRUST FRN 05/26/2035 2009-RR1 2A2 144A</title>
        <cusip>05531WAH9</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="586889"/>
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        <curCd>USD</curCd>
        <valUSD>886211.17000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-05-26</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>Gray Television Inc 7% 05/15/2027 144A</name>
        <lei>529900TM5726KDN7UU35</lei>
        <title>Gray Television Inc 7% 05/15/2027 144A</title>
        <cusip>389284AA8</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="941753"/>
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        <curCd>USD</curCd>
        <valUSD>440980.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CSC Holdings LLC 5.5% 05/15/2026 144A</name>
        <lei>3HG2WD2W22M120IUNG49</lei>
        <title>CSC Holdings LLC 5.5% 05/15/2026 144A</title>
        <cusip>126307AU1</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="946847"/>
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        <curCd>USD</curCd>
        <valUSD>1054900.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GOVT NATL MORTG ASSN 4.5% 07/20/2049 SF2</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GOVT NATL MORTG ASSN 4.5% 07/20/2049 SF2</title>
        <cusip>36179UWA6</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="998422"/>
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        <balance>4675101.04000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4925502.58000000</valUSD>
        <pctVal>1.616095807348</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-07-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NEXSTAR BROADCASTING INC 5.625% 08/01/2024 144A</name>
        <lei>5493006PK6I4I2OOT688</lei>
        <title>NEXSTAR BROADCASTING INC 5.625% 08/01/2024 144A</title>
        <cusip>65341XAA6</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="640584"/>
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        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>521675.00000000</valUSD>
        <pctVal>0.171165635710</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Iron Mountain Information Management LLC 6.50% 01/26/2026 TERM B LOAN</name>
        <lei>5493009M0X1LQXGBWV02</lei>
        <title>Iron Mountain Information Management LLC 6.50% 01/26/2026 TERM B LOAN</title>
        <cusip>46284NAQ2</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="687206"/>
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        <balance>1657255.35000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1645513.70000000</valUSD>
        <pctVal>0.539905877280</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-01-26</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.86200000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FEDERAL HOME LOAN MORTGAGE CORP 5.00% 12/01/2023      FHLMC G15</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FEDERAL HOME LOAN MORTGAGE CORP 5.00% 12/01/2023      FHLMC G15</title>
        <cusip>3128MB6P7</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="504325"/>
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        <balance>238362.37000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>247363.91000000</valUSD>
        <pctVal>0.081162027904</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>JO-ANN STORES INC 6.55069% 10/23/2023 INITIAL LOANS</name>
        <lei>549300GM65RR2EMGLI48</lei>
        <title>JO-ANN STORES INC 6.55069% 10/23/2023 INITIAL LOANS</title>
        <cusip>47759DAB1</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="669206"/>
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        <balance>2428272.11000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1697767.73000000</valUSD>
        <pctVal>0.557050832019</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-10-23</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.25158000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CHARTER COMMUNICATIONS OPERATING LLC 4.08% 04/30/2025 Term B Loan</name>
        <lei>549300TPZNMN50BJ3745</lei>
        <title>CHARTER COMMUNICATIONS OPERATING LLC 4.08% 04/30/2025 Term B Loan</title>
        <cusip>16117LBS7</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="680899"/>
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        <balance>984962.40000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>992044.28000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-04-30</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>iHeartCommunications Inc 5.25% 08/15/2027 144A</name>
        <lei>54930076J6KDZL504O62</lei>
        <title>iHeartCommunications Inc 5.25% 08/15/2027 144A</title>
        <cusip>45174HBE6</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="1000481"/>
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        <balance>700000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>729750.00000000</valUSD>
        <pctVal>0.239436665854</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>VERSO CORP COM USD.01 CL A</name>
        <lei>549300FODXCTQ8DGT594</lei>
        <title>VERSO CORP COM USD.01 CL A</title>
        <cusip>92531L207</cusip>
        <identifiers>
          <ticker value="VRS"/>
          <other otherDesc="Internal Identifier" value="639881"/>
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        <balance>4163.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>51537.94000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CHS/COMMUNITY HEALTH SYSTEMS INC 6.25% 03/31/2023</name>
        <lei>5493007X5NC5XI1BB106</lei>
        <title>CHS/COMMUNITY HEALTH SYSTEMS INC 6.25% 03/31/2023</title>
        <cusip>12543DAY6</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="661633"/>
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        <balance>700000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>697970.00000000</valUSD>
        <pctVal>0.229009400022</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-03-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Clear Channel Worldwide Holdings Inc 5.125% 08/15/2027 144A</name>
        <lei>N/A</lei>
        <title>Clear Channel Worldwide Holdings Inc 5.125% 08/15/2027 144A</title>
        <cusip>18453HAA4</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="1001347"/>
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        <balance>600000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>626610.00000000</valUSD>
        <pctVal>0.205595627531</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HALCON RESOURCES CORP COM USD.0001</name>
        <lei>3XHTN2NNIMMPORDAMJ28</lei>
        <title>HALCON RESOURCES CORP COM USD.0001</title>
        <cusip>40537Q605</cusip>
        <identifiers>
          <ticker value="HKRSQ"/>
          <other otherDesc="Internal Identifier" value="645375"/>
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        <balance>67554.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4762.56000000</valUSD>
        <pctVal>0.001562633076</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FANNIE MAE 3.00% 08/01/2027 FNI FNCI</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FANNIE MAE 3.00% 08/01/2027 FNI FNCI</title>
        <cusip>3138M4GL0</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="542489"/>
        </identifiers>
        <balance>7468.97000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7671.48000000</valUSD>
        <pctVal>0.002517072412</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TEMPO ACQUISITION LLC / TEMPO ACQUISITION FINANC 6.75% 06/01/2025 144A</name>
        <lei>N/A</lei>
        <title>TEMPO ACQUISITION LLC / TEMPO ACQUISITION FINANC 6.75% 06/01/2025 144A</title>
        <cusip>88023JAA4</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="664637"/>
        </identifiers>
        <balance>1500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1552500.00000000</valUSD>
        <pctVal>0.509387356956</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TPC Group Inc 10.5% 08/01/2024 144A</name>
        <lei>549300K276KVW5JD1583</lei>
        <title>TPC Group Inc 10.5% 08/01/2024 144A</title>
        <cusip>89236YAB0</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="998831"/>
        </identifiers>
        <balance>600000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>628500.00000000</valUSD>
        <pctVal>0.206215751270</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>10.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>STRUCTURED ASSET SECURITIES CORP FRN 02/25/2035 05-2XS 2A2</name>
        <lei>N/A</lei>
        <title>STRUCTURED ASSET SECURITIES CORP FRN 02/25/2035 05-2XS 2A2</title>
        <cusip>86359B2J9</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="581535"/>
        </identifiers>
        <balance>203371.01600000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>205888.71000000</valUSD>
        <pctVal>0.067553691345</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-02-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.60025000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cheniere Energy Partners LP 5.625% 10/01/2026</name>
        <lei>5493005UEC8AZ34LDV29</lei>
        <title>Cheniere Energy Partners LP 5.625% 10/01/2026</title>
        <cusip>16411QAD3</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="999465"/>
        </identifiers>
        <balance>400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>426460.00000000</valUSD>
        <pctVal>0.139924851689</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CATALENT PHARMA SOLUTIONS INC 6.5% 05/17/2026 Dollar Term B-2 Loan</name>
        <lei>549300HALRZ339MSTH85</lei>
        <title>CATALENT PHARMA SOLUTIONS INC 6.5% 05/17/2026 Dollar Term B-2 Loan</title>
        <cusip>14880BAG6</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="981033"/>
        </identifiers>
        <balance>166545.65000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>167308.93000000</valUSD>
        <pctVal>0.054895364668</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-17</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.36200000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FEDERAL HOME LOAN MORTGAGE CORP 6.00% 11/01/2036 G30 FGLMC</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FEDERAL HOME LOAN MORTGAGE CORP 6.00% 11/01/2036 G30 FGLMC</title>
        <cusip>3132FCA21</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="527662"/>
        </identifiers>
        <balance>218715.01000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>246985.69000000</valUSD>
        <pctVal>0.081037930972</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Adient US LLC 6.5% 05/06/2024 Initial Term Loans</name>
        <lei>213800SOTRCDGZUHL712</lei>
        <title>Adient US LLC 6.5% 05/06/2024 Initial Term Loans</title>
        <cusip>00687MAB7</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="977859"/>
        </identifiers>
        <balance>2165849.26000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2136068.83000000</valUSD>
        <pctVal>0.700860840960</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-05-06</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.78112000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WellCare Health Plans Inc 5.375% 08/15/2026 144A</name>
        <lei>529900JCT1MMTWHZ5P23</lei>
        <title>WellCare Health Plans Inc 5.375% 08/15/2026 144A</title>
        <cusip>94946TAD8</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="921978"/>
        </identifiers>
        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1069800.00000000</valUSD>
        <pctVal>0.351009722687</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UBS AG LONDON 3.108% 11/14/2019 REPO</name>
        <lei>BFM8T61CT2L1QCEMIK50</lei>
        <title>UBS AG LONDON 3.108% 11/14/2019 REPO</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Sec ID" value="1002094"/>
        </identifiers>
        <balance>-1947000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>-1947000.00000000</valUSD>
        <pctVal>-0.63882588341</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>RA</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <repurchaseAgrmt>
          <transCat>Reverse repurchase</transCat>
          <notClearedCentCparty isCleared="N">
            <counterpartyInfos>
              <counterpartyInfo lei="BFM8T61CT2L1QCEMIK51" name="UBS AG LONDON"/>
            </counterpartyInfos>
          </notClearedCentCparty>
          <isTriParty>N</isTriParty>
          <repurchaseRt>3.108</repurchaseRt>
          <maturityDt>2019-11-14</maturityDt>
          <repurchaseCollaterals>
            <repurchaseCollateral>
              <principalAmt>2500000</principalAmt>
              <principalCd>USD</principalCd>
              <collateralVal>2425948.71</collateralVal>
              <collateralCd>USD</collateralCd>
              <invstCat>ABS</invstCat>
            </repurchaseCollateral>
          </repurchaseCollaterals>
        </repurchaseAgrmt>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>OPTEUM MORTGAGE ACCEPTANCE CORP TRUST FRN 11/25/2035  05-4 1APT</name>
        <lei>N/A</lei>
        <title>OPTEUM MORTGAGE ACCEPTANCE CORP TRUST FRN 11/25/2035  05-4 1APT</title>
        <cusip>68383NCA9</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="582023"/>
        </identifiers>
        <balance>195462.94100000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>196619.50000000</valUSD>
        <pctVal>0.064512391259</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-11-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.32838000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VENTIA PTY LTD 6.5% 05/21/2026 Term B Loans</name>
        <lei>549300DFPWYJ2KFSLN90</lei>
        <title>VENTIA PTY LTD 6.5% 05/21/2026 Term B Loans</title>
        <cusip>Q5642FAE1</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="992321"/>
        </identifiers>
        <balance>1525507.70000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1529321.47000000</valUSD>
        <pctVal>0.501782300508</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-21</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.84223000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Diamond Sports Group LLC / Diamond Sports Finance Co 6.625% 08/15/2027 144A</name>
        <lei>N/A</lei>
        <title>Diamond Sports Group LLC / Diamond Sports Finance Co 6.625% 08/15/2027 144A</title>
        <cusip>25277LAC0</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="998602"/>
        </identifiers>
        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>519275.00000000</valUSD>
        <pctVal>0.170378176994</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TransDigm Inc 6.25% 03/15/2026 144A</name>
        <lei>88Q84GB3X55CF5OC7582</lei>
        <title>TransDigm Inc 6.25% 03/15/2026 144A</title>
        <cusip>893647BE6</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="959568"/>
        </identifiers>
        <balance>1400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1506750.00000000</valUSD>
        <pctVal>0.494376425181</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COMPRESSCO PARTNERS LP/FINANCE CORP 7.25% 08/15/2022</name>
        <lei>N/A</lei>
        <title>COMPRESSCO PARTNERS LP/FINANCE CORP 7.25% 08/15/2022</title>
        <cusip>20467BAB5</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="608575"/>
        </identifiers>
        <balance>1400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1274000.00000000</valUSD>
        <pctVal>0.418009335112</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2019-10-30</ncom:dateSigned>
      <ncom:nameOfApplicant>Robert Kubilis</ncom:nameOfApplicant>
      <ncom:signature>Robert Kubilis</ncom:signature>
      <ncom:signerName>Robert Kubilis</ncom:signerName>
      <ncom:title>Chief Financial Officer, Chief Accounting Officer and Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
</XML>
</TEXT>
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<TYPE>NPORT-EX
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<FILENAME>FLDIT_4472.htm
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<DIV
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;text-align:right;text-decoration:none;text-transform:uppercase;">Franklin Limited Duration Income
Trust<BR>
</DIV>
</DIV>
<DIV
style="margin-top:55pt;width:100%;" type="Block">
<DIV
style="color:#000000;font-family:Arial;font-size:13pt;font-style:Normal;font-weight:Normal;line-height:16pt;text-align:left;text-decoration:none;text-transform:none;">Statement of Investments, September 30, 2019
(unaudited)<BR>
</DIV>
</DIV>
<DIV
style="width:100%;" type="Block">
<DIV
style="text-align:center;">
<TABLE
style="border-collapse:collapse;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:1pt solid #999999;line-height:8pt;padding-bottom:4pt;padding-right:0.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="border-bottom:1pt solid #999999;line-height:8pt;padding-bottom:4pt;padding-right:1.5pt;text-align:left;vertical-align:top;width:54.97%;">&#160;
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:4pt;padding-left:1.5pt;padding-right:5pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.15%;">Country
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:4pt;padding-left:5pt;padding-right:2pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">Shares/Warrants
</TD><TD
style="border-bottom:1pt solid #999999;line-height:8pt;padding-bottom:4pt;padding-right:5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:4pt;padding-left:5pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">Value
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:8pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:3pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:3pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Common Stocks and Other Equity Interests 0.4%
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:3pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:3pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:3pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:3pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:8pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Commercial &amp; Professional Services 0.0%<SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">&#8224;</SUP>
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">a,b</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Remington Outdoor Co. Inc.</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;&#8199;39,306
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;&#8199;$<FONT
style="padding-left:23.56pt;"></FONT>68,785
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Energy 0.4%
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:8pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Amplify Energy Corp.</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8201;&#8199;&#8199;&#8199;&#8199;&#8199;281
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;&#8199;&#8199;1,734
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">a,b</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Amplify Energy Corp., wts., 4/21/20</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;&#8199;&#8199;2,703
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8201;&#8199;&#8199;&#8199;&#8199;&#8199;&#8199;&#8199;&#8194;&#8212;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">a</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Birch Permian Holdings Inc.</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;&#8199;&#8199;2,309
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;&#8199;23,090
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">a</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Birch Permian Holdings Inc.</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;&#8199;17,998
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;177,730
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">a</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Halcon Resources Corp.</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">67,554
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:37.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">4,763
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">a</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Halcon Resources Corp., wts., 9/09/20</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:29.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">6,408
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:48.57pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">10
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">a,b,c</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Nine Point Energy LLC</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">21,663
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:53.02pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">2
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">a</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Riviera Resources Inc.</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:29.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">6,305
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:33.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">84,235
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">a</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Roan Resources Inc.</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:29.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">6,592
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:37.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">8,108
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">a</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Samson Resources II LLC</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:25.01pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">31,225
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:28.56pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">761,109
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;vertical-align:top;width:54.97%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:21.89pt;padding-top:2.5pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,060,781
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Materials 0.0%<SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">&#8224;</SUP>
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">a</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Verso Corp., A</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:29.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">4,163
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:33.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">51,538
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">a</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Verso Corp., wts., 7/25/23</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:36.12pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">438
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:44.12pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">482
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;vertical-align:top;width:54.97%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:33.01pt;padding-top:2.5pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">52,020
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2.5pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Total Common Stocks and Other Equity Interests (Cost $6,060,501)</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:21.89pt;padding-top:2.5pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,181,586
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="padding-bottom:1.75pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">
</TD><TD
style="padding-bottom:1.75pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;vertical-align:top;width:54.97%;">
</TD><TD
style="padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">
</TD><TD
style="padding-bottom:1.75pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">
</TD><TD
style="padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">
</TD><TD
style="padding-bottom:1.75pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:12.39%;">
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:8pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Convertible Preferred Stocks (Cost $377,604) 0.1%
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:8pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:top;width:54.97%;">Energy 0.1%
</TD><TD
style="line-height:0pt;padding-right:5pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-right:2pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">a,b,c</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Nine Point Energy Holdings Inc., cvt. pfd.</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:36.12pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">404
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:28.56pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">330,548
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:8pt;padding-bottom:4pt;padding-right:0.5pt;padding-top:3.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="line-height:8pt;padding-bottom:4pt;padding-right:1.5pt;padding-top:3.75pt;text-align:left;vertical-align:top;width:54.97%;">&#160;
</TD><TD
style="line-height:1pt;padding-bottom:4pt;padding-right:5pt;padding-top:3.75pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:4pt;padding-left:5pt;padding-right:2pt;padding-top:3.75pt;
text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">Principal<BR>
Amount*<FONT
style="padding-left:-3pt;"></FONT>
</TD><TD
style="line-height:8pt;padding-bottom:4pt;padding-right:5pt;padding-top:3.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:1pt;padding-bottom:4pt;padding-top:3.75pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:8pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:3pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:3pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Corporate Bonds 44.1%
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:3pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:3pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:3pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:3pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:8pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Automobiles &amp; Components 0.5%
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Adient U.S. LLC, senior secured note, 144A, 7.00%, 5/15/26</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:5pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">$<FONT
style="padding-left:4.45pt;"></FONT>1,300,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:21.89pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,361,750
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">The Goodyear Tire &amp; Rubber Co., senior note, 5.125%, 11/15/23</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">300,000
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:28.56pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">304,875
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;vertical-align:top;width:54.97%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:21.89pt;padding-top:2.5pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,666,625
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Banks 0.9%
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e,f</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">JPMorgan Chase &amp; Co., junior sub. bond, R, 6.00% to 8/01/23, FRN thereafter, Perpetual</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,500,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:21.89pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,603,928
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Royal Bank of Scotland Group PLC, sub. note, 6.125%, 12/15/22</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United Kingdom
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,000,000
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:21.89pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,083,740
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;vertical-align:top;width:54.97%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:21.89pt;padding-top:2.5pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">2,687,668
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Capital Goods 4.5%
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">BBA U.S. Holdings Inc., senior note, 144A, 5.375%, 5/01/26</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">400,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:28.56pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">421,000
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Beacon Roofing Supply Inc., senior note, 144A, 4.875%, 11/01/25</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">800,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:28.56pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">788,000
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">H&amp;E Equipment Services Inc., senior note, 5.625%, 9/01/25</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,500,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:21.89pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,549,725
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Harsco Corp., senior note, 144A, 5.75%, 7/31/27</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,000,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:21.89pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,043,800
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Jeld-Wen Inc., senior note, 144A, 4.625%, 12/15/25</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,600,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:21.89pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,610,000
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">The Manitowoc Co. Inc., secured note, second lien, 144A, 9.00%, 4/01/26</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,000,000
</TD><TD
style="line-height:0pt;padding-bottom:3pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:28.56pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">982,500
</TD></TR></TABLE>
</DIV>
</DIV>
<DIV
style="margin-top:37pt;width:100%;" type="Block">
<DIV
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;text-align:right;text-decoration:none;text-transform:none;">Quarterly Statement of
Investments&nbsp;&nbsp;|&nbsp;&nbsp;See Notes to Statement of Investments.&nbsp;&nbsp;|&nbsp;&nbsp;1</DIV>
</DIV>
</DIV>
<DIV
style="clear:both;font-size:12pt;height:0pt;">
</DIV>
<HR
style="margin-bottom:0pt;">
<!--PAGE BREAK-->
<DIV
style="width:100%;">
<DIV
style="width:100%;" type="Block">
<DIV
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;text-align:left;text-decoration:none;text-transform:uppercase;">Franklin Limited Duration Income
Trust<BR>
Statement of Investments (unaudited)</DIV>
</DIV>
<DIV
style="margin-top:40pt;width:100%;" type="Block">
<DIV
style="text-align:center;">
<TABLE
style="border-collapse:collapse;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:1pt solid #999999;line-height:8pt;padding-bottom:4pt;padding-right:0.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="border-bottom:1pt solid #999999;line-height:8pt;padding-bottom:4pt;padding-right:1.5pt;text-align:left;vertical-align:top;width:54.97%;">&#160;
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:4pt;padding-left:1.5pt;padding-right:5pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.15%;">Country
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:4pt;padding-left:5pt;padding-right:2pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">Principal<BR>
Amount*<FONT
style="padding-left:-3pt;"></FONT>
</TD><TD
style="border-bottom:1pt solid #999999;line-height:8pt;padding-bottom:4pt;padding-right:5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:4pt;padding-left:5pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">Value
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:8pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:3pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:3pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Corporate Bonds <FONT
style="font-size:8pt;font-weight:Normal;line-height:11pt;">(continued)</FONT>
</TD><TD
style="line-height:10pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:3pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:3pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:3pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:3pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:8pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Capital Goods <FONT
style="font-weight:Normal;">(continued)</FONT>
</TD><TD
style="line-height:8pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">g</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Onsite Rental Group Operations Pty. Ltd., secured note, PIK, 6.10%, 10/26/23</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.15%;">Australia
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:5pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;$<FONT
style="padding-left:11.12pt;"></FONT>952,561
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:5pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;$<FONT
style="padding-left:15.56pt;"></FONT>821,584
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Stevens Holding Co. Inc., senior note, 144A, 6.125%, 10/01/26</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8199;1,100,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8199;&#8199;1,175,625
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Tennant Co., senior note, 5.625%, 5/01/25</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;800,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;836,000
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Terex Corp., senior note, 144A, 5.625%, 2/01/25</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8199;1,500,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8199;&#8199;1,541,250
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">TransDigm Inc., senior secured note, 144A, 6.25%, 3/15/26</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8199;1,400,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8199;&#8199;1,506,750
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Vertiv Group Corp., senior note, 144A, 9.25%, 10/15/24</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8199;1,600,000
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:12.39%;">&#8199;&#8199;1,550,000
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;vertical-align:top;width:54.97%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:13.89pt;padding-top:2.5pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">13,826,234
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Commercial &amp; Professional Services 0.7%
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">United Rentals North America Inc., senior bond, 5.875%, 9/15/26</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">600,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">642,030
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">West Corp., senior note, 144A, 8.50%, 10/15/25</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,700,000
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,374,875
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;vertical-align:top;width:54.97%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:18.34pt;padding-top:2.5pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">2,016,905
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Consumer Durables &amp; Apparel 1.4%
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Ashton Woods USA LLC/Ashton Woods Finance Co., senior note, 144A, 9.875%, 4/01/27</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,000,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,097,500
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Hanesbrands Inc., senior note, 144A, 4.625%, 5/15/24</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,000,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,058,760
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">KB Home, senior note, 7.00%, 12/15/21</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,100,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,189,155
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Taylor Morrison Communities Inc./Taylor Morrison Holdings II Inc., senior note, 144A, 5.875%, 4/15/23</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,000,000
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,072,500
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;vertical-align:top;width:54.97%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:18.34pt;padding-top:2.5pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">4,417,915
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Consumer Services 3.2%
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">1011778 BC ULC/New Red Finance Inc., senior secured note, first lien, 144A, 4.25%, 5/15/24</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.15%;">Canada
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">800,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">823,388
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">24 Hour Holdings III LLC, senior note, 144A, 8.00%, 6/01/22</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,500,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,254,375
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Downstream Development Authority of the Quapaw Tribe of Oklahoma, secured note, 144A, 10.50%, 2/15/23</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,400,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,498,000
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Golden Nugget Inc., senior note, 144A, 8.75%, 10/01/25</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,200,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,254,000
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">KFC Holding Co./Pizza Hut Holdings LLC/Taco Bell of America LLC, senior note, 144A, 5.00%, 6/01/24</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,400,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,456,000
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Stars Group Holdings BV/Stars Group U.S. Co-Borrower LLC, senior note, 144A, 7.00%, 7/15/26</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.15%;">Canada
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">500,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">533,750
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Studio City Finance Ltd., senior note, 144A, 7.25%, 2/11/24</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.15%;">Macau
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,100,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,160,500
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Wynn Las Vegas LLC/Wynn Las Vegas Capital Corp., senior bond, 144A, 5.50%, 3/01/25</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,700,000
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,789,250
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;vertical-align:top;width:54.97%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:18.34pt;padding-top:2.5pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">9,769,263
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Diversified Financials 1.2%
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">FirstCash Inc., senior note, 144A, 5.375%, 6/01/24</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">900,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">931,500
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">HAT Holdings I LLC/HAT Holdings II LLC, senior note, 144A, 5.25%, 7/15/24</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">600,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">632,250
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Navient Corp.,
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP> senior note, 5.00%, 10/26/20</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;200,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;203,000
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP> senior note, 5.875%, 3/25/21</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;200,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;208,500
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">senior note, 6.625%, 7/26/21</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;400,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;421,000
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP> senior note, 6.50%, 6/15/22</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;200,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;213,500
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">senior note, 7.25%, 9/25/23</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;400,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;436,300
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Springleaf Finance Corp., senior note, 6.625%, 1/15/28</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">600,000
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">646,680
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;vertical-align:top;width:54.97%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:18.34pt;padding-top:2.5pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">3,692,730
</TD></TR></TABLE>
</DIV>
</DIV>
<DIV
style="margin-top:38pt;width:100%;" type="Block">
<DIV
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;text-align:right;text-decoration:none;text-transform:none;">&nbsp;&nbsp;|&nbsp;&nbsp;2</DIV>
</DIV>
</DIV>
<DIV
style="clear:both;font-size:12pt;height:0pt;">
</DIV>
<HR
style="margin-bottom:0pt;">
<!--PAGE BREAK-->
<DIV
style="width:100%;">
<DIV
style="width:100%;" type="Block">
<DIV
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;text-align:right;text-decoration:none;text-transform:uppercase;">Franklin Limited Duration Income
Trust<BR>
Statement of Investments (unaudited)</DIV>
</DIV>
<DIV
style="margin-top:40pt;width:100%;" type="Block">
<DIV
style="text-align:center;">
<TABLE
style="border-collapse:collapse;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:1pt solid #999999;line-height:8pt;padding-bottom:4pt;padding-right:0.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="border-bottom:1pt solid #999999;line-height:8pt;padding-bottom:4pt;padding-right:1.5pt;text-align:left;vertical-align:top;width:54.97%;">&#160;
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:4pt;padding-left:1.5pt;padding-right:5pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.15%;">Country
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:4pt;padding-left:5pt;padding-right:2pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">Principal<BR>
Amount*<FONT
style="padding-left:-3pt;"></FONT>
</TD><TD
style="border-bottom:1pt solid #999999;line-height:8pt;padding-bottom:4pt;padding-right:5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:4pt;padding-left:5pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">Value
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:8pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:3pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:3pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Corporate Bonds <FONT
style="font-size:8pt;font-weight:Normal;line-height:11pt;">(continued)</FONT>
</TD><TD
style="line-height:10pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:3pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:3pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:3pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:3pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:8pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Energy 4.5%
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Aker BP ASA,
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">senior note, 144A, 4.75%, 6/15/24</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.15%;">Norway
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:5pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;$<FONT
style="padding-left:11.12pt;"></FONT>500,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:5pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;$<FONT
style="padding-left:15.56pt;"></FONT>522,500
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP> senior note, 144A, 5.875%, 3/31/25</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.15%;">Norway
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;500,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;527,863
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">California Resources Corp.,
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d</SUP> secured note, second lien, 144A, 8.00%, 12/15/22</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;824,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;412,000
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">senior note, 5.50%, 9/15/21</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;&#8199;37,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;&#8199;17,741
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Calumet Specialty Products Partners LP/Calumet Finance Corp., senior note, 7.75%, 4/15/23</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,000,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">932,500
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Cheniere Corpus Christi Holdings LLC,
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">senior secured note, first lien, 7.00%, 6/30/24</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;700,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;805,875
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">senior secured note, first lien, 5.875%, 3/31/25</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;600,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;669,000
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Cheniere Energy Partners LP,
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d</SUP> senior bond, 144A, 4.50%, 10/01/29</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;900,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;924,187
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP> senior note, 5.625%, 10/01/26</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;400,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;426,460
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP> senior secured note, first lien, 5.25%, 10/01/25</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8199;1,000,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8199;&#8199;1,044,000
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Crestwood Midstream Partners LP/Crestwood Midstream Finance Corp., senior note, 6.25%, 4/01/23</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,500,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,546,875
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">CSI Compressco LP/CSI Compressco Finance Inc., senior note, 7.25%, 8/15/22</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,400,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,274,000
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Diamondback Energy Inc., senior note, 4.75%, 11/01/24</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">900,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">923,625
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,g</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">EnQuest PLC, senior note, 144A, PIK, 7.00%, 4/15/22</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United Kingdom
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">947,777
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">787,863
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Martin Midstream Partners LP/Martin Midstream Finance Corp., senior note, 7.25%, 2/15/21</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,100,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,027,136
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,g</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Murray Energy Corp., secured note, 1.5 lien, 144A, PIK, 12.00% (incl. cash 9.00%), 4/15/24</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">606,187
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:33.90pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">7,475
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">QEP Resources Inc., senior bond, 5.25%, 5/01/23</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">500,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">466,260
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">h</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Sanchez Energy Corp.,
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">senior note, 7.75%, 6/15/21</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;900,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;&#8199;58,500
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">senior note, 6.125%, 1/15/23</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;300,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;&#8199;20,250
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Sunoco LP/Sunoco Finance Corp., senior note, 4.875%, 1/15/23</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">700,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">720,125
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e,h</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Weatherford International Ltd.,
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">senior bond, 4.50%, 4/15/22</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;400,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;139,000
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">senior note, 5.125%, 9/15/20</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;400,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;140,000
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">senior note, 7.75%, 6/15/21</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8199;1,000,000
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;362,500
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;vertical-align:top;width:54.97%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:13.89pt;padding-top:2.5pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">13,755,735
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Food &amp; Staples Retailing 0.2%
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Performance Food Group Inc., senior note, 144A, 5.50%, 10/15/27</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">600,000
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">633,000
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Food, Beverage &amp; Tobacco 0.9%
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:8pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">B&amp;G Foods Inc.,
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP> senior note, 5.25%, 4/01/25</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8199;1,000,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8199;&#8199;1,025,000
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">senior note, 5.25%, 9/15/27</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;400,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;409,540
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Lamb Weston Holdings Inc., senior note, 144A, 4.625%, 11/01/24</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,100,000
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,163,140
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;vertical-align:top;width:54.97%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:18.34pt;padding-top:2.5pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">2,597,680
</TD></TR></TABLE>
</DIV>
</DIV>
<DIV
style="margin-top:83pt;width:100%;" type="Block">
<DIV
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;text-align:right;text-decoration:none;text-transform:none;">&nbsp;&nbsp;|&nbsp;&nbsp;3</DIV>
</DIV>
</DIV>
<DIV
style="clear:both;font-size:12pt;height:0pt;">
</DIV>
<HR
style="margin-bottom:0pt;">
<!--PAGE BREAK-->
<DIV
style="width:100%;">
<DIV
style="width:100%;" type="Block">
<DIV
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;text-align:left;text-decoration:none;text-transform:uppercase;">Franklin Limited Duration Income
Trust<BR>
Statement of Investments (unaudited)</DIV>
</DIV>
<DIV
style="margin-top:40pt;width:100%;" type="Block">
<DIV
style="text-align:center;">
<TABLE
style="border-collapse:collapse;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:1pt solid #999999;line-height:8pt;padding-bottom:4pt;padding-right:0.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="border-bottom:1pt solid #999999;line-height:8pt;padding-bottom:4pt;padding-right:1.5pt;text-align:left;vertical-align:top;width:54.97%;">&#160;
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:4pt;padding-left:1.5pt;padding-right:5pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.15%;">Country
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:4pt;padding-left:5pt;padding-right:2pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">Principal<BR>
Amount*<FONT
style="padding-left:-3pt;"></FONT>
</TD><TD
style="border-bottom:1pt solid #999999;line-height:8pt;padding-bottom:4pt;padding-right:5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:4pt;padding-left:5pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">Value
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:8pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:3pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:3pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Corporate Bonds <FONT
style="font-size:8pt;font-weight:Normal;line-height:11pt;">(continued)</FONT>
</TD><TD
style="line-height:10pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:3pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:3pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:3pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:3pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:8pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Health Care Equipment &amp; Services 3.2%
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Catalent Pharma Solutions Inc., senior note, 144A, 4.875%, 1/15/26</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:5pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8199;$<FONT
style="padding-left:4.45pt;"></FONT>1,200,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:5pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8199;&#8199;$<FONT
style="padding-left:8.89pt;"></FONT>1,240,500
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Centene Corp., senior note, 144A, 5.375%, 6/01/26</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8199;1,000,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8199;&#8199;1,050,000
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">CHS/Community Health Systems Inc.,
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d</SUP> senior note, 144A, 8.125%, 6/30/24</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;900,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;717,750
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP> senior secured note, first lien, 6.25%, 3/31/23</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;700,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;697,970
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">HCA Inc., senior note, 7.50%, 2/15/22</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;500,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;555,400
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">MEDNAX Inc., senior note, 144A, 6.25%, 1/15/27</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,400,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,392,902
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">MPH Acquisition Holdings LLC, senior note, 144A, 7.125%, 6/01/24</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,300,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,204,125
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Tenet Healthcare Corp.,
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">senior note, second lien, 144A, 6.25%, 2/01/27</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8199;1,200,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8199;&#8199;1,249,380
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">senior secured note, 144A, 4.875%, 1/01/26</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;500,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;513,750
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">WellCare Health Plans Inc., senior note, 144A, 5.375%, 8/15/26</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,000,000
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,069,800
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;vertical-align:top;width:54.97%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:18.34pt;padding-top:2.5pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">9,691,577
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Materials 7.4%
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">g</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">ARD Finance SA, secured note, PIK, 7.125%, 9/15/23</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.15%;">Luxembourg
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">600,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">618,750
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Ardagh Packaging Finance PLC/Ardagh MP Holdings USA Inc.,
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">senior note, 144A, 4.25%, 9/15/22</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.15%;">Luxembourg
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;300,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;304,500
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">senior note, 144A, 6.00%, 2/15/25</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.15%;">Luxembourg
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;500,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;523,750
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Crown Americas LLC/Crown Americas Capital Corp. VI, senior note, 4.75%, 2/01/26</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">500,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">524,375
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">First Quantum Minerals Ltd.,
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">senior note, 144A, 7.00%, 2/15/21</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.15%;">Zambia
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;257,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;259,570
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">senior note, 144A, 7.25%, 4/01/23</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.15%;">Zambia
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;500,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;495,000
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">FMG Resources (August 2006) Pty. Ltd.,
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">senior note, 144A, 4.75%, 5/15/22</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.15%;">Australia
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;700,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;720,125
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">senior note, 144A, 5.125%, 3/15/23</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.15%;">Australia
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;600,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;620,250
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Grinding Media Inc./MC Grinding Media Canada Inc., senior secured note, 144A, 7.375%, 12/15/23</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">800,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">768,000
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">HudBay Minerals Inc., senior note, 144A, 7.25%, 1/15/23</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.15%;">Canada
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">400,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">414,500
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Mauser Packaging Solutions Holding Co., senior note, 144A, 7.25%, 4/15/25</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,500,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,423,575
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Neon Holdings Inc., senior note, 144A, 10.125%, 4/01/26</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,000,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,010,000
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">New Enterprise Stone &amp; Lime Co., senior note, 144A, 6.25%, 3/15/26</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,500,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,537,500
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">New Gold Inc., senior note, 144A, 6.375%, 5/15/25</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.15%;">Canada
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">600,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">564,750
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Northwest Acquisitions ULC/Dominion Finco Inc., secured note, second lien, 144A, 7.125%, 11/01/22</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.15%;">Canada
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">300,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">177,750
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Novelis Corp., senior note, 144A, 6.25%, 8/15/24</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,300,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,361,750
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">OCI NV, senior note, 144A, 6.625%, 4/15/23</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.15%;">Netherlands
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">400,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">408,000
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Owens-Brockway Glass Container Inc.,
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">senior note, 144A, 5.00%, 1/15/22</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;900,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;931,680
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:3pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">senior note, 144A, 5.875%, 8/15/23</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;400,000
</TD><TD
style="line-height:0pt;padding-bottom:3pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;426,000
</TD></TR></TABLE>
</DIV>
</DIV>
<DIV
style="margin-top:121pt;width:100%;" type="Block">
<DIV
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;text-align:right;text-decoration:none;text-transform:none;">&nbsp;&nbsp;|&nbsp;&nbsp;4</DIV>
</DIV>
</DIV>
<DIV
style="clear:both;font-size:12pt;height:0pt;">
</DIV>
<HR
style="margin-bottom:0pt;">
<!--PAGE BREAK-->
<DIV
style="width:100%;">
<DIV
style="width:100%;" type="Block">
<DIV
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;text-align:right;text-decoration:none;text-transform:uppercase;">Franklin Limited Duration Income
Trust<BR>
Statement of Investments (unaudited)</DIV>
</DIV>
<DIV
style="margin-top:40pt;width:100%;" type="Block">
<DIV
style="text-align:center;">
<TABLE
style="border-collapse:collapse;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:1pt solid #999999;line-height:8pt;padding-bottom:4pt;padding-right:0.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="border-bottom:1pt solid #999999;line-height:8pt;padding-bottom:4pt;padding-right:1.5pt;text-align:left;vertical-align:top;width:54.97%;">&#160;
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:4pt;padding-left:1.5pt;padding-right:5pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.15%;">Country
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:4pt;padding-left:5pt;padding-right:2pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">Principal<BR>
Amount*<FONT
style="padding-left:-3pt;"></FONT>
</TD><TD
style="border-bottom:1pt solid #999999;line-height:8pt;padding-bottom:4pt;padding-right:5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:4pt;padding-left:5pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">Value
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:8pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:3pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:3pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Corporate Bonds <FONT
style="font-size:8pt;font-weight:Normal;line-height:11pt;">(continued)</FONT>
</TD><TD
style="line-height:10pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:3pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:3pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:3pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:3pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:8pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Materials <FONT
style="font-weight:Normal;">(continued)</FONT>
</TD><TD
style="line-height:8pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Petra Diamonds U.S. Treasury PLC, secured note, second lien, 144A, 7.25%, 5/01/22</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">South Africa
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:5pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8199;$<FONT
style="padding-left:4.45pt;"></FONT>1,200,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:5pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;$<FONT
style="padding-left:15.56pt;"></FONT>954,000
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Plastipak Holdings Inc., senior note, 144A, 6.25%, 10/15/25</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8199;1,500,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8199;&#8199;1,256,250
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Rain CII Carbon LLC/CII Carbon Corp., senior note, second lien, 144A, 7.25%, 4/01/25</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;800,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;768,000
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:4.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-indent:-4pt;text-transform:none;vertical-align:top;width:54.97%;">Reynolds Group Issuer Inc./Reynolds Group Issuer LLC/Reynolds Group Issuer Luxembourg SA,
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP> senior note, 144A, 7.00%, 7/15/24</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;100,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;103,812
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP> senior secured note, first lien, 144A, 5.125%, 7/15/23</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;400,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;410,500
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">i</SUP> senior secured note, first lien, 144A, FRN, 5.803%, (3-month USD LIBOR + 3.50%), 7/15/21</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;400,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;401,500
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Sealed Air Corp.,
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">senior bond, 144A, 5.125%, 12/01/24</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;500,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;537,500
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">senior bond, 144A, 5.50%, 9/15/25</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;600,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;648,000
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Steel Dynamics Inc., senior note, 5.125%, 10/01/21</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,500,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,507,215
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">SunCoke Energy Partners LP/SunCoke Energy Partners Finance Corp., senior note, 144A, 7.50%, 6/15/25</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,500,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,340,625
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">TPC Group Inc., secured note, 144A, 10.50%, 8/01/24</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">600,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">628,500
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Trivium Packaging Finance BV, senior note, 144A, 8.50%, 8/15/27</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.15%;">Netherlands
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">800,000
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">869,840
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;vertical-align:top;width:54.97%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:13.89pt;padding-top:2.5pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">22,515,567
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Media &amp; Entertainment 4.4%
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Altice Luxembourg SA,
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">first lien, 144A, 10.50%, 5/15/27</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.15%;">Luxembourg
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8199;1,400,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8199;&#8199;1,580,250
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP> senior secured note, 144A, 7.75%, 5/15/22</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.15%;">Luxembourg
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;292,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;298,205
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">CCO Holdings LLC/CCO Holdings Capital Corp.,
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">senior bond, 5.25%, 9/30/22</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8199;1,500,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8199;&#8199;1,520,025
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d</SUP> senior note, 144A, 5.125%, 5/01/23</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;500,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;513,620
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Clear Channel Worldwide Holdings Inc.,
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP> first lien, senior secured note, 144A, 5.125%, 8/15/27</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;600,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;626,610
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">senior sub. note, 144A, 9.25%, 2/15/24</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;596,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;656,291
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">CSC Holdings LLC,
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">senior bond, 5.25%, 6/01/24</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;500,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;538,750
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">senior note, 6.75%, 11/15/21</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8199;1,000,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8199;&#8199;1,080,000
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d</SUP> senior secured note, first lien, 144A, 5.50%, 5/15/26</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8199;1,000,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8199;&#8199;1,054,900
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Diamond Sports Group LLC/Diamond Sports Finance Co.,
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">first lien, 144A, 5.375%, 8/15/26</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;500,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;520,000
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">senior note, 144A, 6.625%, 8/15/27</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;500,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;519,275
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Gray Escrow Inc., senior note, 144A, 7.00%, 5/15/27</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">400,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">440,980
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">iHeartCommunications Inc., senior secured note, first lien, 144A, 5.25%, 8/15/27</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">700,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">729,750
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Nexstar Broadcasting Inc., senior note, 144A, 5.625%, 8/01/24</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">500,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">521,675
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Nexstar Escrow Corp., senior note, 144A, 5.625%, 7/15/27</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,000,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,050,000
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Scripps Escrow Inc., senior note, 144A, 5.875%, 7/15/27</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">500,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">508,750
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Sirius XM Radio Inc., senior note, 144A, 4.625%, 7/15/24</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">600,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">623,598
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Virgin Media Secured Finance PLC, senior secured bond, first lien, 144A, 5.50%, 8/15/26</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United Kingdom
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">400,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">421,000
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">WMG Acquisition Corp., secured note, first lien, 144A, 5.00%, 8/01/23</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">100,000
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">102,625
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;vertical-align:top;width:54.97%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:13.89pt;padding-top:2.5pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">13,306,304
</TD></TR></TABLE>
</DIV>
</DIV>
<DIV
style="margin-top:30pt;width:100%;" type="Block">
<DIV
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;text-align:right;text-decoration:none;text-transform:none;">&nbsp;&nbsp;|&nbsp;&nbsp;5</DIV>
</DIV>
</DIV>
<DIV
style="clear:both;font-size:12pt;height:0pt;">
</DIV>
<HR
style="margin-bottom:0pt;">
<!--PAGE BREAK-->
<DIV
style="width:100%;">
<DIV
style="width:100%;" type="Block">
<DIV
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;text-align:left;text-decoration:none;text-transform:uppercase;">Franklin Limited Duration Income
Trust<BR>
Statement of Investments (unaudited)</DIV>
</DIV>
<DIV
style="margin-top:40pt;width:100%;" type="Block">
<DIV
style="text-align:center;">
<TABLE
style="border-collapse:collapse;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:1pt solid #999999;line-height:8pt;padding-bottom:4pt;padding-right:0.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="border-bottom:1pt solid #999999;line-height:8pt;padding-bottom:4pt;padding-right:1.5pt;text-align:left;vertical-align:top;width:54.97%;">&#160;
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:4pt;padding-left:1.5pt;padding-right:5pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.15%;">Country
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:4pt;padding-left:5pt;padding-right:2pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">Principal<BR>
Amount*<FONT
style="padding-left:-3pt;"></FONT>
</TD><TD
style="border-bottom:1pt solid #999999;line-height:8pt;padding-bottom:4pt;padding-right:5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:4pt;padding-left:5pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">Value
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:8pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:3pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:3pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Corporate Bonds <FONT
style="font-size:8pt;font-weight:Normal;line-height:11pt;">(continued)</FONT>
</TD><TD
style="line-height:10pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:3pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:3pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:3pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:3pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:8pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Pharmaceuticals, Biotechnology &amp; Life Sciences 2.3%
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Avantor Inc., senior secured note, first lien, 144A, 6.00%, 10/01/24</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:5pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8199;$<FONT
style="padding-left:4.45pt;"></FONT>1,100,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:5pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8199;&#8199;$<FONT
style="padding-left:8.89pt;"></FONT>1,181,433
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Bausch Health Americas Inc., senior note, 144A, 9.25%, 4/01/26</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8199;1,500,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8199;&#8199;1,708,110
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Bausch Health Cos. Inc.,
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">senior bond, 144A, 6.125%, 4/15/25</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;300,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;312,000
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP> senior secured note, first lien, 144A, 6.50%, 3/15/22</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;200,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;207,000
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Endo DAC/Endo Finance LLC/Endo Finco Inc.,
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">senior bond, 144A, 6.00%, 2/01/25</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8199;1,000,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;592,500
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">senior note, 144A, 6.00%, 7/15/23</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;410,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;253,523
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Horizon Pharma USA Inc., senior note, 144A, 5.50%, 8/01/27</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,500,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,563,750
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Jaguar Holding Co. II/Pharmaceutical Product Development LLC, senior note, 144A, 6.375%, 8/01/23</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,200,000
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,243,500
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;vertical-align:top;width:54.97%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:18.34pt;padding-top:2.5pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">7,061,816
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Real Estate 1.1%
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">CyrusOne LP/CyrusOne Finance Corp., senior note, 5.00%, 3/15/24</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,300,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,348,750
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Five Point Operating Co. LP/Five Point Capital Corp., senior note, 144A, 7.875%, 11/15/25</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,000,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,017,500
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">MPT Operating Partnership LP/MPT Finance Corp.,
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">senior bond, 5.25%, 8/01/26</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;300,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;315,450
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">senior note, 6.375%, 3/01/24</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;700,000
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;734,678
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;vertical-align:top;width:54.97%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:18.34pt;padding-top:2.5pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">3,416,378
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Retailing 0.4%
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Party City Holdings Inc., senior note, 144A, 6.625%, 8/01/26</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,100,000
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,091,750
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Semiconductors &amp; Semiconductor Equipment 0.2%
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:8pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Qorvo Inc., senior note, 5.50%, 7/15/26</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">500,000
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">529,375
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Software &amp; Services 0.6%
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Infor (U.S.) Inc., senior note, 6.50%, 5/15/22</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,800,000
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,836,000
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Technology Hardware &amp; Equipment 1.0%
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Blackboard Inc., secured note, second lien, 144A, 9.75%, 10/15/21</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,538,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,530,310
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Tempo Acquisition LLC/Tempo Acquisition Finance Corp., senior note, 144A, 6.75%, 6/01/25</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,500,000
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,552,500
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;vertical-align:top;width:54.97%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:18.34pt;padding-top:2.5pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">3,082,810
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Telecommunication Services 2.2%
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Block Communications Inc., senior note, 144A, 6.875%, 2/15/25</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">300,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">314,250
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Digicel Group One Ltd., senior secured note, first lien, 144A, 8.25%, 12/30/22</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.15%;">Jamaica
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">617,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">368,850
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Digicel Group Two Ltd., senior note, 144A, 8.25%, 9/30/22</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.15%;">Bermuda
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">583,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">125,065
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Digicel Ltd., senior note, 144A, 6.00%, 4/15/21</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.15%;">Bermuda
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">700,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">497,000
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">DKT Finance ApS, senior secured note, first lien, 144A, 9.375%, 6/17/23</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.15%;">Denmark
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,500,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,613,018
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Sprint Communications Inc., senior note, 144A, 7.00%, 3/01/20</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">600,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">611,250
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Sprint Corp.,
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">senior bond, 7.875%, 9/15/23</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8199;1,000,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8199;&#8199;1,100,960
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">senior bond, 7.125%, 6/15/24</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;300,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;324,090
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:3pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">senior note, 7.25%, 9/15/21</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;500,000
</TD><TD
style="line-height:0pt;padding-bottom:3pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;534,800
</TD></TR></TABLE>
</DIV>
</DIV>
<DIV
style="margin-top:66pt;width:100%;" type="Block">
<DIV
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;text-align:right;text-decoration:none;text-transform:none;">&nbsp;&nbsp;|&nbsp;&nbsp;6</DIV>
</DIV>
</DIV>
<DIV
style="clear:both;font-size:12pt;height:0pt;">
</DIV>
<HR
style="margin-bottom:0pt;">
<!--PAGE BREAK-->
<DIV
style="width:100%;">
<DIV
style="width:100%;" type="Block">
<DIV
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;text-align:right;text-decoration:none;text-transform:uppercase;">Franklin Limited Duration Income
Trust<BR>
Statement of Investments (unaudited)</DIV>
</DIV>
<DIV
style="margin-top:40pt;width:100%;" type="Block">
<DIV
style="text-align:center;">
<TABLE
style="border-collapse:collapse;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:1pt solid #999999;line-height:8pt;padding-bottom:4pt;padding-right:0.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="border-bottom:1pt solid #999999;line-height:8pt;padding-bottom:4pt;padding-right:1.5pt;text-align:left;vertical-align:top;width:54.97%;">&#160;
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:4pt;padding-left:1.5pt;padding-right:5pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.15%;">Country
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:4pt;padding-left:5pt;padding-right:2pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">Principal<BR>
Amount*<FONT
style="padding-left:-3pt;"></FONT>
</TD><TD
style="border-bottom:1pt solid #999999;line-height:8pt;padding-bottom:4pt;padding-right:5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:4pt;padding-left:5pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">Value
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:8pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:3pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:3pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Corporate Bonds <FONT
style="font-size:8pt;font-weight:Normal;line-height:11pt;">(continued)</FONT>
</TD><TD
style="line-height:10pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:3pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:3pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:3pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:3pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:8pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Telecommunication Services <FONT
style="font-weight:Normal;">(continued)</FONT>
</TD><TD
style="line-height:8pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">T-Mobile USA Inc.,
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">senior bond, 6.50%, 1/15/24</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:5pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;$<FONT
style="padding-left:11.12pt;"></FONT>500,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:5pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;$<FONT
style="padding-left:15.56pt;"></FONT>519,905
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">senior note, 4.00%, 4/15/22</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;700,000
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;719,250
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;vertical-align:top;width:54.97%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:18.34pt;padding-top:2.5pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">6,728,438
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Transportation 1.0%
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Avolon Holdings Funding Ltd.,
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">senior note, 144A, 5.125%, 10/01/23</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.15%;">Ireland
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8199;1,000,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8199;&#8199;1,064,250
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">senior note, 144A, 5.25%, 5/15/24</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.15%;">Ireland
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;400,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;429,280
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">DAE Funding LLC,
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP> senior note, 144A, 4.00%, 8/01/20</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United Arab Emirates
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;800,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;806,000
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP> senior note, 144A, 4.50%, 8/01/22</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United Arab Emirates
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;400,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;409,000
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">senior note, 144A, 5.75%, 11/15/23</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United Arab Emirates
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;200,000
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;211,230
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;vertical-align:top;width:54.97%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:18.34pt;padding-top:2.5pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">2,919,760
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Utilities 2.3%
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Calpine Corp., senior note, 5.375%, 1/15/23</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,500,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,522,500
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Clearway Energy Operating LLC,
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP> senior bond, 5.375%, 8/15/24</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;500,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;515,000
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP> senior bond, 5.00%, 9/15/26</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8199;1,000,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8199;&#8199;1,027,500
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d</SUP> senior note, 144A, 5.75%, 10/15/25</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;300,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;316,875
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Ferrellgas LP/Ferrellgas Finance Corp., senior note, 6.75%, 6/15/23</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">800,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">678,000
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">InterGen NV, secured bond, 144A, 7.00%, 6/30/23</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.15%;">Netherlands
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">500,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">465,000
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Talen Energy Supply LLC, senior note, 6.50%, 6/01/25</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,600,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,224,000
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Vistra Operations Co. LLC, senior note, 144A, 5.625%, 2/15/27</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,300,000
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,372,709
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;vertical-align:top;width:54.97%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:18.34pt;padding-top:2.5pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">7,121,584
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2.5pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Total Corporate Bonds (Cost $135,807,089)</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:9.45pt;padding-top:2.5pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">134,365,114
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
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style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">i</SUP>
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text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Senior Floating Rate Interests 41.4%
</TD><TD
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</TD><TD
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</TD><TD
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<TR
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text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Automobiles &amp; Components 1.7%
</TD><TD
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</TD><TD
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</TD><TD
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<TR
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text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Adient US LLC,
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
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<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Initial Term Loans, 6.459%, (3-month USD LIBOR + 4.25%), 5/06/24</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
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style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;541,462
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;534,017
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Initial Term Loans, 6.889%, (6-month USD LIBOR + 4.25%), 5/06/24</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8199;1,618,972
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8199;&#8199;1,596,711
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Panther BF Aggregator 2 LP, Initial Dollar Term Loan, 5.54%, (1-month USD LIBOR + 3.50%), 4/30/26</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,818,854
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,809,001
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Thor Industries Inc., Initial USD Term Loans, 5.88%, (1-month USD LIBOR + 3.75%), 2/01/26</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,331,355
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,301,400
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;vertical-align:top;width:54.97%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:18.34pt;padding-top:2.5pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">5,241,129
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Capital Goods 2.3%
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:8pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Altra Industrial Motion Corp., Term Loan, 4.04%, (1-month USD LIBOR + 2.00%), 10/01/25</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">977,775
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">978,378
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Doncasters U.S. Finance LLC, Term B Loans, 5.60%, (3-month USD LIBOR + 3.50%), 4/09/20</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,388,286
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">957,049
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Harsco Corp., Term Loan B-2, 4.31%, (1-month USD LIBOR + 2.25%), 12/10/24</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,159,780
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,165,941
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:3pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Navistar Inc., Tranche B Term Loan, 5.53%, (1-month USD LIBOR + 3.50%), 11/06/24</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">3,108,590
</TD><TD
style="line-height:0pt;padding-bottom:3pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">3,103,713
</TD></TR></TABLE>
</DIV>
</DIV>
<DIV
style="margin-top:50pt;width:100%;" type="Block">
<DIV
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;text-align:right;text-decoration:none;text-transform:none;">&nbsp;&nbsp;|&nbsp;&nbsp;7</DIV>
</DIV>
</DIV>
<DIV
style="clear:both;font-size:12pt;height:0pt;">
</DIV>
<HR
style="margin-bottom:0pt;">
<!--PAGE BREAK-->
<DIV
style="width:100%;">
<DIV
style="width:100%;" type="Block">
<DIV
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;text-align:left;text-decoration:none;text-transform:uppercase;">Franklin Limited Duration Income
Trust<BR>
Statement of Investments (unaudited)</DIV>
</DIV>
<DIV
style="margin-top:40pt;width:100%;" type="Block">
<DIV
style="text-align:center;">
<TABLE
style="border-collapse:collapse;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:0pt;width:100.00%;" cellpadding="0" cellspacing="0">
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:1pt solid #999999;line-height:8pt;padding-bottom:4pt;padding-right:0.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="border-bottom:1pt solid #999999;line-height:8pt;padding-bottom:4pt;padding-right:1.5pt;text-align:left;vertical-align:top;width:54.98%;">&#160;
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:4pt;padding-left:1.5pt;padding-right:5pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.15%;">Country
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:4pt;padding-left:5pt;padding-right:2pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">Principal<BR>
Amount*<FONT
style="padding-left:-3pt;"></FONT>
</TD><TD
style="border-bottom:1pt solid #999999;line-height:8pt;padding-bottom:4pt;padding-right:5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:4pt;padding-left:5pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">Value
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:3pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">i</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:3pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;">Senior Floating Rate Interests <FONT
style="font-size:8pt;font-weight:Normal;line-height:11pt;">(continued)</FONT>
</TD><TD
style="line-height:10pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:3pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:3pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:3pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:3pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:8pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;">Capital Goods <FONT
style="font-weight:Normal;">(continued)</FONT>
</TD><TD
style="line-height:8pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:8pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">Onsite Rental Group Operations Pty. Ltd., Term Loan, 6.52%, (1-month USD LIBOR + 4.50%), 10/25/22</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.15%;">Australia
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:5pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;$<FONT
style="padding-left:11.12pt;"></FONT>696,716
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;$<FONT
style="padding-left:15.56pt;"></FONT>688,007
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;vertical-align:top;width:54.98%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:18.34pt;padding-top:2.5pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">6,893,088
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;">Commercial &amp; Professional Services 1.1%
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:8pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">Ventia Pty Ltd., Term B Loans, 5.84%, (3-month USD LIBOR + 3.50%), 5/21/26</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.15%;">Australia
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8199;1,521,694
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8199;&#8199;1,525,498
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">West Corp., Term B Loans, 6.04%, (1-month USD LIBOR + 4.00%), 10/10/24</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8199;1,989,873
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:12.39%;">&#8199;&#8199;1,777,620
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;vertical-align:top;width:54.98%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:18.34pt;padding-top:2.5pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">3,303,118
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;">Consumer Services 5.3%
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:8pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">24 Hour Fitness Worldwide Inc., Term Loan, 5.54%, (1-month USD LIBOR + 3.50%), 5/30/25</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">2,224,407
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">2,151,187
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">Aristocrat Technologies Inc., Term B-3 Loans, 4.03%, (3-month USD LIBOR + 1.75%), 10/19/24</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">842,177
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">846,058
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">Avis Budget Car Rental LLC, Tranche B Term Loans, 4.05%, (1-month USD LIBOR + 2.00%), 2/13/25</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">2,375,737
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">2,379,075
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">Caesars Resort Collection LLC, Term B Loans, 4.79%, (1-month USD LIBOR + 2.75%), 12/22/24</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,716,309
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,707,268
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">Eldorado Resorts Inc., Initial Term Loan, 4.31%, (1-month USD LIBOR + 2.25%), 4/17/24</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,770,181
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,769,797
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">Equinox Holdings Inc., Term B-1 Loans, 5.04%, (1-month USD LIBOR + 3.00%), 3/08/24</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">992,405
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">994,390
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">KFC Holding Co./Pizza Hut Holdings LLC/Taco Bell of America LLC (Yum Brands), Term Loan B, 3.79%, (1-month USD LIBOR + 1.75%), 4/03/25</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,690,895
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,694,192
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">Kingpin Intermediate Holdings LLC, Amendment No. 2 Term Loans, 5.54%, (1-month USD LIBOR + 3.50%), 7/03/24</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,980,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,989,900
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">j,k</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">NASCAR Holdings Inc., Term Loan B, TBD, 9/26/26</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">804,203
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">810,925
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">Sabre GLBL Inc., 2017 Other Term A Loans, 4.29%, (1-month USD LIBOR + 2.25%), 7/01/22</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">865,782
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">864,700
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">Station Casinos LLC, Term B Facility Loans, 4.55%, (1-month USD LIBOR + 2.50%), 6/08/23</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">988,760
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">994,084
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;vertical-align:top;width:54.98%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:13.89pt;padding-top:2.5pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">16,201,576
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;">Diversified Financials 0.8%
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:8pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;">Asurion LLC,
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">AM No. 14 Replacement B-4 Term Loans, 5.04%, (1-month USD LIBOR + 3.00%), 8/04/22</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8199;1,642,435
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8199;&#8199;1,649,005
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">Replacement B-6 Term Loans, 5.04%, (1-month USD LIBOR + 3.00%), 11/03/23</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;330,732
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;332,351
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">Blackstone Mortgage Trust Inc., Initial Term Loans, 4.54%, (1-month USD LIBOR + 2.50%), 4/23/26</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">381,062
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">383,201
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;vertical-align:top;width:54.98%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:18.34pt;padding-top:2.5pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">2,364,557
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;">Energy 0.4%
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:8pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">Foresight Energy LLC, Term Loans, 7.87%, (3-month USD LIBOR + 5.75%), 3/28/22</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,920,450
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,128,264
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;">Food &amp; Staples Retailing 0.3%
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:8pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">U.S. Foods Inc., Initial Term Loans, 4.04%, (1-month USD LIBOR + 2.00%), 6/27/23</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">566,222
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">568,757
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">Whatabrands LLC (Whataburger), Term Loan B, 5.52%, (3-month USD LIBOR + 3.25%), 8/02/26</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">428,908
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">431,398
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;vertical-align:top;width:54.98%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:18.34pt;padding-top:2.5pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,000,155
</TD></TR></TABLE>
</DIV>
</DIV>
<DIV
style="margin-top:19pt;width:100%;" type="Block">
<DIV
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;text-align:right;text-decoration:none;text-transform:none;">&nbsp;&nbsp;|&nbsp;&nbsp;8</DIV>
</DIV>
</DIV>
<DIV
style="clear:both;font-size:12pt;height:0pt;">
</DIV>
<HR
style="margin-bottom:0pt;">
<!--PAGE BREAK-->
<DIV
style="width:100%;">
<DIV
style="width:100%;" type="Block">
<DIV
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;text-align:right;text-decoration:none;text-transform:uppercase;">Franklin Limited Duration Income
Trust<BR>
Statement of Investments (unaudited)</DIV>
</DIV>
<DIV
style="margin-top:40pt;width:100%;" type="Block">
<DIV
style="text-align:center;">
<TABLE
style="border-collapse:collapse;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:0pt;width:100.00%;" cellpadding="0" cellspacing="0">
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:1pt solid #999999;line-height:8pt;padding-bottom:4pt;padding-right:0.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="border-bottom:1pt solid #999999;line-height:8pt;padding-bottom:4pt;padding-right:1.5pt;text-align:left;vertical-align:top;width:54.98%;">&#160;
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:4pt;padding-left:1.5pt;padding-right:5pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.15%;">Country
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:4pt;padding-left:5pt;padding-right:2pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">Principal<BR>
Amount*<FONT
style="padding-left:-3pt;"></FONT>
</TD><TD
style="border-bottom:1pt solid #999999;line-height:8pt;padding-bottom:4pt;padding-right:5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:4pt;padding-left:5pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">Value
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:3pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">i</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:3pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;">Senior Floating Rate Interests <FONT
style="font-size:8pt;font-weight:Normal;line-height:11pt;">(continued)</FONT>
</TD><TD
style="line-height:10pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:3pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:3pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:3pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:3pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:8pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;">Food, Beverage &amp; Tobacco 1.9%
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">j,k</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">B&amp;G Foods Inc., Term Loan B, TBD, 9/30/26</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:5pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;$<FONT
style="padding-left:11.12pt;"></FONT>319,951
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:5pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;$<FONT
style="padding-left:15.56pt;"></FONT>321,751
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">CSM Bakery Supplies LLC, Term Loans, 6.29%, (3-month USD LIBOR + 4.00%), 7/03/20</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8199;2,000,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8199;&#8199;1,915,000
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">JBS USA Lux SA, New Term Loans, 4.61%, (1-month USD LIBOR + 2.50%), 5/01/26</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8199;1,754,916
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8199;&#8199;1,765,701
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">Post Holdings Inc., Series A Incremental Term Loans, 4.04%, (1-month USD LIBOR + 2.00%), 5/24/24</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8199;1,905,492
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:12.39%;">&#8199;&#8199;1,913,084
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;vertical-align:top;width:54.98%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:18.34pt;padding-top:2.5pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">5,915,536
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;">Health Care Equipment &amp; Services 2.0%
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:8pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">Air Medical Group Holdings Inc., 2018 New Term Loans, 6.29%, (1-month USD LIBOR + 4.25%), 3/14/25</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,979,849
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,858,583
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">Catalent Pharma Solutions Inc., Dollar Term B-2 Loan, 4.29%, (1-month USD LIBOR + 2.25%), 5/17/26</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">166,545
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">167,309
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">DaVita Inc., Term Loan B, 4.29%, (1-month USD LIBOR + 2.25%), 8/12/26</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">957,702
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">964,153
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;">IQVIA Inc.,
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">Term B-1 Dollar Loans, 4.10%, (3-month USD LIBOR + 2.00%), 3/07/24</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;898,405
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;903,084
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">Term B-3 Dollar Loans, 3.85%, (3-month USD LIBOR + 1.75%), 6/11/25</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;691,250
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;693,302
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">Mallinckrodt International Finance SA &amp; Mallinckrodt CB LLC, 2017 Term B Loans, 4.85%, (3-month USD LIBOR + 2.75%), 9/24/24</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.15%;">Luxembourg
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">587,694
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">449,341
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;">National Mentor Holdings Inc.,
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">Initial Term C Loans, 6.30%, (1-month USD LIBOR + 4.25%), 3/08/26</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;&#8199;61,331
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;&#8199;61,535
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">Initial Term Loans, 6.30%, (1-month USD LIBOR + 4.25%), 3/08/26</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;982,489
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;985,764
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;vertical-align:top;width:54.98%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:18.34pt;padding-top:2.5pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">6,083,071
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;">Materials 3.4%
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:8pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">Axalta Coating Systems U.S. Holdings Inc., Term B-3 Dollar Loan, 3.85%, (3-month USD LIBOR + 1.75%), 6/01/24</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">2,517,834
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">2,522,152
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;">Berry Global Inc.,
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">Term Q Loan, 4.30%, (1-month USD LIBOR + 2.25%), 10/01/22</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8199;1,090,516
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8199;&#8199;1,096,598
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">Term U Loans, 4.55%, (1-month USD LIBOR + 2.50%), 7/01/26</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;775,200
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;779,825
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">Chemours Co., Tranche B-2 US$ Term Loan, 3.80%, (1-month USD LIBOR + 1.75%), 4/03/25</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">753,713
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">728,275
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">Crown Americas LLC, Dollar Term B Loan, 4.06%, (1-month USD LIBOR + 2.00%), 4/03/25</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,697,668
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,709,644
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">Ineos U.S. Finance LLC, 2024 Dollar Term Loan, 4.04%, (1-month USD LIBOR + 2.00%), 3/31/24</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">959,824
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">953,225
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">Oxbow Carbon LLC, Tranche B Term Loan, 5.79%, (1-month USD LIBOR + 3.75%), 1/04/23</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,971,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,971,000
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">Univar USA Inc., Term B-3 Loans, 4.29%, (1-month USD LIBOR + 2.25%), 7/01/24</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">612,491
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">615,061
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;vertical-align:top;width:54.98%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:13.89pt;padding-top:2.5pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">10,375,780
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;">Media &amp; Entertainment 5.8%
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:8pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">Ancestry.com Operations Inc., Non-Extended Term Loans, 5.80%, (1-month USD LIBOR + 3.75%), 10/19/23</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,984,784
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,978,995
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">Charter Communications Operating LLC, Term B Loan, 4.05%, (1-month USD LIBOR + 2.00%), 4/30/25</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">984,962
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">992,044
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">CSC Holdings LLC, March 2017 Incremental Term Loans, 4.28%, (1-month USD LIBOR + 2.25%), 7/17/25</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">2,547,025
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">2,548,285
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:3pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">Diamond Sports Group LLC, Term Loan, 5.30%, (1-month USD LIBOR + 3.25%), 8/24/26</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">926,442
</TD><TD
style="line-height:0pt;padding-bottom:3pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">933,103
</TD></TR></TABLE>
</DIV>
</DIV>
<DIV
style="margin-top:27pt;width:100%;" type="Block">
<DIV
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;text-align:right;text-decoration:none;text-transform:none;">&nbsp;&nbsp;|&nbsp;&nbsp;9</DIV>
</DIV>
</DIV>
<DIV
style="clear:both;font-size:12pt;height:0pt;">
</DIV>
<HR
style="margin-bottom:0pt;">
<!--PAGE BREAK-->
<DIV
style="width:100%;">
<DIV
style="width:100%;" type="Block">
<DIV
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;text-align:left;text-decoration:none;text-transform:uppercase;">Franklin Limited Duration Income
Trust<BR>
Statement of Investments (unaudited)</DIV>
</DIV>
<DIV
style="margin-top:40pt;width:100%;" type="Block">
<DIV
style="text-align:center;">
<TABLE
style="border-collapse:collapse;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:0pt;width:100.00%;" cellpadding="0" cellspacing="0">
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:1pt solid #999999;line-height:8pt;padding-bottom:4pt;padding-right:0.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="border-bottom:1pt solid #999999;line-height:8pt;padding-bottom:4pt;padding-right:1.5pt;text-align:left;vertical-align:top;width:54.98%;">&#160;
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:4pt;padding-left:1.5pt;padding-right:5pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.15%;">Country
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:4pt;padding-left:5pt;padding-right:2pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">Principal<BR>
Amount*<FONT
style="padding-left:-3pt;"></FONT>
</TD><TD
style="border-bottom:1pt solid #999999;line-height:8pt;padding-bottom:4pt;padding-right:5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:4pt;padding-left:5pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">Value
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:3pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">i</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:3pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;">Senior Floating Rate Interests <FONT
style="font-size:8pt;font-weight:Normal;line-height:11pt;">(continued)</FONT>
</TD><TD
style="line-height:10pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:3pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:3pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:3pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:3pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:8pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;">Media &amp; Entertainment <FONT
style="font-weight:Normal;">(continued)</FONT>
</TD><TD
style="line-height:8pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">j,k</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">DigiCert Holdings Inc., First Lien Term Loan, TBD, 9/15/26</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:5pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;$<FONT
style="padding-left:11.12pt;"></FONT>420,330
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:5pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;$<FONT
style="padding-left:15.56pt;"></FONT>419,717
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">Go Daddy Operating Co. LLC, Tranche B-1 Term Loans, 4.04%, (1-month USD LIBOR + 2.00%), 2/15/24</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8199;1,555,674
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8199;&#8199;1,560,154
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">Gray Television Inc., Term B-2 Loan, 4.58%, (3-month USD LIBOR + 2.25%), 2/07/24</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8199;2,568,789
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8199;&#8199;2,575,671
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">Lions Gate Capital Holdings LLC, Term A Loan, 3.79%, (1-month USD LIBOR + 1.75%), 3/22/23</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.15%;">Canada
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8199;1,391,383
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8199;&#8199;1,372,251
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">MCC Iowa LLC (Mediacom Broadband), Tranche M Term Loan, 3.93%, (1-week USD LIBOR + 2.00%), 1/25/25</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8199;1,714,098
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8199;&#8199;1,727,488
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">Mediacom Illinois LLC, Tranche N Term Loan, 3.68%, (1-week USD LIBOR + 1.75%), 2/15/24</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;826,976
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;830,594
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">Mission Broadcasting Inc., Term B-3 Loan, 4.35%, (1-month USD LIBOR + 2.25%), 1/17/24</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">112,063
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">112,285
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">Nexstar Broadcasting Inc., Term B-3 Loan, 4.29%, (1-month USD LIBOR + 2.25%), 7/17/24</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">562,544
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">563,658
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">Sinclair Television Group Inc., Tranche B Term Loans, 4.30%, (1-month USD LIBOR + 2.25%), 1/03/24</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,950,883
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,960,004
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;vertical-align:top;width:54.98%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:13.89pt;padding-top:2.5pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">17,574,249
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;">Pharmaceuticals, Biotechnology &amp; Life Sciences 2.0%
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:8pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">Endo Luxembourg Finance Co. I S.A.R.L. and Endo LLC, Initial Term Loans, 6.31%, (1-month USD LIBOR + 4.25%), 4/29/24</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">408,954
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">372,966
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">Grifols Worldwide Operations USA Inc., Tranche B Term Loan, 4.20%, (1-week USD LIBOR + 2.25%), 1/31/25</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,705,650
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,716,044
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">Horizon Pharma Inc., Sixth Amendment Refinanced Term Loans, 4.63%, (1-month USD LIBOR + 2.50%), 5/22/26</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,057,048
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,062,334
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">Innoviva Inc., Initial Term Loan, 6.65%, (3-month USD LIBOR + 4.50%), 8/18/22</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">110,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">108,350
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">Syneos Health Inc., Initial Term B Loans, 4.04%, (1-month USD LIBOR + 2.00%), 8/01/24</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,012,725
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,018,001
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">Valeant Pharmaceuticals International, Initial Term Loans, 5.04%, (1-month USD LIBOR + 3.00%), 6/02/25</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,964,270
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,974,443
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;vertical-align:top;width:54.98%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:18.34pt;padding-top:2.5pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">6,252,138
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;">Retailing 3.5%
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:8pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">Ascena Retail Group Inc., Tranche B Term Loan, 6.56%, (1-month USD LIBOR + 4.50%), 8/21/22</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">2,688,445
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,513,594
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">General Nutrition Centers Inc., FILO Term Loan (ABL), 9.05%, (1-month USD LIBOR + 7.00%), 12/31/22</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">2,700,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">2,715,431
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;">General Nutrition Centers, Inc.,
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">Tranche B-2 Term Loans, 10.80%, (1-month USD LIBOR + 8.75%), 3/04/21</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;117,067
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;112,202
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">Tranche B-2 Term Loans, 10.90%, (2-month USD LIBOR + 8.75%), 3/04/21</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;182,933
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;175,330
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">Harbor Freight Tools USA Inc., Refinancing Loans, 4.54%, (1-month USD LIBOR + 2.50%), 8/19/23</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,428,161
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,391,268
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;">Jo-Ann Stores, Inc.,
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">Initial Loans, 7.046%, (1-month USD LIBOR + 5.00%), 10/23/23</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;&#8199;88,669
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;&#8199;61,994
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:3pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">Initial Loans, 7.259%, (3-month USD LIBOR + 5.00%), 10/23/23</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8199;2,339,603
</TD><TD
style="line-height:0pt;padding-bottom:3pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8199;&#8199;1,635,773
</TD></TR></TABLE>
</DIV>
</DIV>
<DIV
style="margin-top:63pt;width:100%;" type="Block">
<DIV
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;text-align:right;text-decoration:none;text-transform:none;">&nbsp;&nbsp;|&nbsp;&nbsp;10</DIV>
</DIV>
</DIV>
<DIV
style="clear:both;font-size:12pt;height:0pt;">
</DIV>
<HR
style="margin-bottom:0pt;">
<!--PAGE BREAK-->
<DIV
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<DIV
style="width:100%;" type="Block">
<DIV
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Trust<BR>
Statement of Investments (unaudited)</DIV>
</DIV>
<DIV
style="margin-top:40pt;width:100%;" type="Block">
<DIV
style="text-align:center;">
<TABLE
style="border-collapse:collapse;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:0pt;width:100.00%;" cellpadding="0" cellspacing="0">
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:1pt solid #999999;line-height:8pt;padding-bottom:4pt;padding-right:0.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="border-bottom:1pt solid #999999;line-height:8pt;padding-bottom:4pt;padding-right:1.5pt;text-align:left;vertical-align:top;width:54.98%;">&#160;
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Amount*<FONT
style="padding-left:-3pt;"></FONT>
</TD><TD
style="border-bottom:1pt solid #999999;line-height:8pt;padding-bottom:4pt;padding-right:5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
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text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">Value
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:3pt;text-align:right;
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</TD><TD
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style="font-size:8pt;font-weight:Normal;line-height:11pt;">(continued)</FONT>
</TD><TD
style="line-height:10pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:3pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:3pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:3pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:3pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:8pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;">Retailing <FONT
style="font-weight:Normal;">(continued)</FONT>
</TD><TD
style="line-height:8pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:8pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">Michaels Stores Inc., 2018 New Replacement Term B Loan, 4.544% - 4.546%, (1-month USD LIBOR + 2.50%), 1/28/23</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:5pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8199;$<FONT
style="padding-left:4.45pt;"></FONT>1,991,757
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:5pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8199;&#8199;$<FONT
style="padding-left:8.89pt;"></FONT>1,949,432
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">Wand NewCo. 3 Inc. (Caliber Collision), First Lien Term Loan, 5.54%, (1-month USD LIBOR + 3.50%), 2/05/26</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;997,500
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:12.39%;">&#8199;&#8199;1,003,734
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;vertical-align:top;width:54.98%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:13.89pt;padding-top:2.5pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">10,558,758
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;">Semiconductors &amp; Semiconductor Equipment 0.8%
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:8pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">ON Semiconductor Corp., first lien, Term Loan, 4.04%, (1-month USD LIBOR + 2.00%), 9/18/26</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8199;2,322,870
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:12.39%;">&#8199;&#8199;2,334,808
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;">Software &amp; Services 3.7%
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:8pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">Carbonite Inc., Initial Term Loan, 6.01%, (3-month USD LIBOR + 3.75%), 3/26/26</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,036,155
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,038,530
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">Iron Mountain Information Management LLC, Term B Loan, 3.79%, (1-month USD LIBOR + 1.75%), 1/26/26</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,657,255
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,645,514
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">LegalZoom.com Inc., 2018 Term Loans, 6.54%, (1-month USD LIBOR + 4.50%), 11/21/24</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,985,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,995,544
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">Neustar Inc., TLB5, 6.54%, (1-month USD LIBOR + 4.50%), 8/08/24</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,879,444
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,853,019
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">SS&amp;C Technologies Inc., Term B-5 Loan, 4.29%, (1-month USD LIBOR + 2.25%), 4/16/25</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">989,884
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">995,452
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">TIBCO Software Inc., Term B-2 Loans, 6.07%, (1-month USD LIBOR + 4.00%), 6/30/26</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,984,732
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,990,301
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">WEX Inc., Term B-3 Loan, 4.29%, (1-month USD LIBOR + 2.25%), 5/17/26</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,920,761
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,933,726
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;vertical-align:top;width:54.98%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:13.89pt;padding-top:2.5pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">11,452,086
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;">Technology Hardware &amp; Equipment 1.8%
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:8pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">Ciena Corp., 2018 Term Loan, 4.04%, (1-month USD LIBOR + 2.00%), 9/28/25</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">2,051,166
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">2,064,626
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">CommScope Inc., Initial Term Loans, 5.29%, (1-month USD LIBOR + 3.25%), 4/04/26</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,954,929
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,951,654
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">Western Digital Corp., U.S. Term B-4 Loan, 3.86%, (1-month USD LIBOR + 1.75%), 4/29/23</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,404,996
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,404,239
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;vertical-align:top;width:54.98%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:18.34pt;padding-top:2.5pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">5,420,519
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;">Telecommunication Services 1.2%
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:8pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">Global Tel*Link Corp., First Lien Term Loan, 6.29%, (1-month USD LIBOR + 4.25%), 11/29/25</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,985,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,907,585
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">Securus Technologies Holdings Inc., Initial Term Loan, 6.54%, (1-month USD LIBOR + 4.50%), 11/01/24</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,987,361
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,760,474
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;vertical-align:top;width:54.98%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:18.34pt;padding-top:2.5pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">3,668,059
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;">Transportation 2.7%
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:8pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">Air Canada, Term Loan, 4.04%, (1-month USD LIBOR + 2.00%), 10/06/23</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.15%;">Canada
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">2,227,691
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">2,239,739
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">Allegiant Travel Co., Class B Term Loans, 6.71%, (3-month USD LIBOR + 4.50%), 2/05/24</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,990,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">2,012,387
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">Hertz Corp., Tranche B-1 Term Loan, 4.80%, (1-month USD LIBOR + 2.75%), 6/30/23</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">2,194,110
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">2,196,396
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">j,k</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">Kestrel Bidco Inc &amp; WestJet, Term Loan B, TBD, 8/08/26</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">860,623
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">868,077
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.98%;"><DIV
style="float:left;">Navios Maritime Partners LP, Initial Term Loan, 7.14%, (3-month USD LIBOR + 5.00%), 9/14/20</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">897,398
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">896,650
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;vertical-align:top;width:54.98%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:18.34pt;padding-top:2.5pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">8,213,249
</TD></TR></TABLE>
</DIV>
</DIV>
<DIV
style="margin-top:51pt;width:100%;" type="Block">
<DIV
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;text-align:right;text-decoration:none;text-transform:none;">&nbsp;&nbsp;|&nbsp;&nbsp;11</DIV>
</DIV>
</DIV>
<DIV
style="clear:both;font-size:12pt;height:0pt;">
</DIV>
<HR
style="margin-bottom:0pt;">
<!--PAGE BREAK-->
<DIV
style="width:100%;">
<DIV
style="width:100%;" type="Block">
<DIV
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;text-align:left;text-decoration:none;text-transform:uppercase;">Franklin Limited Duration Income
Trust<BR>
Statement of Investments (unaudited)</DIV>
</DIV>
<DIV
style="margin-top:40pt;width:100%;" type="Block">
<DIV
style="text-align:center;">
<TABLE
style="border-collapse:collapse;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:1pt solid #999999;line-height:8pt;padding-bottom:4pt;padding-right:0.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="border-bottom:1pt solid #999999;line-height:8pt;padding-bottom:4pt;padding-right:1.5pt;text-align:left;vertical-align:top;width:54.97%;">&#160;
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:4pt;padding-left:1.5pt;padding-right:5pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.15%;">Country
</TD><TD
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text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">Principal<BR>
Amount*<FONT
style="padding-left:-3pt;"></FONT>
</TD><TD
style="border-bottom:1pt solid #999999;line-height:8pt;padding-bottom:4pt;padding-right:5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
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text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">Value
</TD></TR>
<TR
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style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:3pt;text-align:right;
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</TD><TD
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style="font-size:8pt;font-weight:Normal;line-height:11pt;">(continued)</FONT>
</TD><TD
style="line-height:10pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:3pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:3pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:3pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:3pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:8pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Utilities 0.7%
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:8pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">EFS Cogen Holdings I LLC (Linden),
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Term B Advance, 5.30%, (1-month USD LIBOR + 3.25%), 6/28/23</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:5pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;$<FONT
style="padding-left:11.12pt;"></FONT>636,476
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:5pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;$<FONT
style="padding-left:15.56pt;"></FONT>635,362
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Term B Advance, 5.36%, (3-month USD LIBOR + 3.25%), 6/28/23</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8199;1,571,867
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:12.39%;">&#8199;&#8199;1,569,116
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;vertical-align:top;width:54.97%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:18.34pt;padding-top:2.5pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">2,204,478
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2.5pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Total Senior Floating Rate Interests (Cost $129,813,567)</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:9.45pt;padding-top:2.5pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">126,184,618
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:2.25pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:2.25pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Marketplace Loans (Cost $9,314,930) 2.9%
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.25pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:2.25pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.25pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:2.25pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:8pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Diversified Financials 2.9%
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">b</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Lending Club, 8.46% - 26.31%, 7/09/23, 10/31/21 - 9/27/2024</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">9,314,930
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">8,835,885
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:1.75pt;padding-left:5.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;
text-decoration:none;text-indent:-5pt;text-transform:none;vertical-align:top;width:54.97%;">Asset-Backed Securities and Commercial Mortgage-Backed Securities 11.3%
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:8pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Banks 2.0%
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:8pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Citigroup Commercial Mortgage Trust, 2015-GC27, A5, 3.137%, 2/10/48</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,520,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,588,502
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">l</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Commercial Mortgage Trust, 2006-GG7, AJ, FRN, 5.825%, 7/10/38</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">445,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">412,362
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">CSAIL Commercial Mortgage Trust, 2015-C1, A4, 3.505%, 4/15/50</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,410,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,496,454
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">JPMBB Commercial Mortgage Securities Trust, 2015-C28, A4, 3.227%, 10/15/48</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,410,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,479,809
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">m</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Merrill Lynch Mortgage Investors Trust,
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">b</SUP> 2003-OPT1, B2, FRN, 6.143%, (1-month USD LIBOR + 4.125%), 7/25/34</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;&#8199;33,301
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;&#8199;&#8199;9,080
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">2005-A6, 2A3, FRN, 2.398%, (1-month USD LIBOR + 0.38%), 8/25/35</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;&#8199;95,631
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;&#8199;96,349
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">m</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Morgan Stanley ABS Capital I Inc. Trust, 2003-NC10, B1, FRN, 6.968%, (1-month USD LIBOR + 4.95%), 10/25/33</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">350,442
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">382,947
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Wells Fargo Commercial Mortgage Trust, 2014-LC16, A4, 3.548%, 8/15/50</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">550,000
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">578,901
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;vertical-align:top;width:54.97%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:18.34pt;padding-top:2.5pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">6,044,404
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Diversified Financials 9.3%
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">m</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Argent Securities Inc., 2003-W5, M4, FRN, 4.401%, (1-month USD LIBOR + 5.625%), 10/25/33</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">93,151
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">105,750
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,l</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">BCAP LLC Trust, 2009-RR1, 2A2, 144A, FRN, 4.974%, 5/26/35</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">910,687
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">886,211
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,m,n</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Carlyle U.S. CLO Ltd., 2017-4A, C, 144A, FRN, 5.103%, (3-month USD LIBOR + 2.80%), 1/15/30</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,000,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">940,850
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,l</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Consumer Loan Underlying Bond Certificate Issuer Trust I, 2019-S6, PT, 144A, FRN, 10/17/44</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">871,432
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">811,919
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Consumer Loan Underlying Bond CLUB Certificate Issuer Trust I,
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">l</SUP> 2018-29, PT, 144A, FRN, 24.191%, 12/15/43</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;410,302
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;343,668
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">l</SUP> 2019-26, PT, 144A, FRN, 19.776%, 8/15/44</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8199;1,090,885
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8199;&#8199;1,039,072
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">l</SUP> 2019-31, PT, 144A, FRN, 22.58%, 9/15/44</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;980,647
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;926,734
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">2019-37, PT, 144A, , 10/17/44</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;998,652
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;967,277
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">l</SUP> 2019-S1, PT, 144A, FRN, 13.951%, 4/15/44</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8199;1,276,634
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8199;&#8199;1,161,994
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">l</SUP> 2019-S2, PT, 144A, FRN, 14.271%, 5/16/44</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;779,725
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;714,070
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">l</SUP> 2019-S3, PT, 144A, FRN, 13.811%, 6/15/44</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8199;1,873,136
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8199;&#8199;1,751,249
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:3pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">l</SUP> 2019-S4, PT, 144A, FRN, 10.593%, 8/15/44</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8199;1,003,697
</TD><TD
style="line-height:0pt;padding-bottom:3pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;936,313
</TD></TR></TABLE>
</DIV>
</DIV>
<DIV
style="margin-top:93pt;width:100%;" type="Block">
<DIV
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;text-align:right;text-decoration:none;text-transform:none;">&nbsp;&nbsp;|&nbsp;&nbsp;12</DIV>
</DIV>
</DIV>
<DIV
style="clear:both;font-size:12pt;height:0pt;">
</DIV>
<HR
style="margin-bottom:0pt;">
<!--PAGE BREAK-->
<DIV
style="width:100%;">
<DIV
style="width:100%;" type="Block">
<DIV
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;text-align:right;text-decoration:none;text-transform:uppercase;">Franklin Limited Duration Income
Trust<BR>
Statement of Investments (unaudited)</DIV>
</DIV>
<DIV
style="margin-top:40pt;width:100%;" type="Block">
<DIV
style="text-align:center;">
<TABLE
style="border-collapse:collapse;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:1pt solid #999999;line-height:8pt;padding-bottom:4pt;padding-right:0.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="border-bottom:1pt solid #999999;line-height:8pt;padding-bottom:4pt;padding-right:1.5pt;text-align:left;vertical-align:top;width:54.97%;">&#160;
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:4pt;padding-left:1.5pt;padding-right:5pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.15%;">Country
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:4pt;padding-left:5pt;padding-right:2pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">Principal<BR>
Amount*<FONT
style="padding-left:-3pt;"></FONT>
</TD><TD
style="border-bottom:1pt solid #999999;line-height:8pt;padding-bottom:4pt;padding-right:5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:4pt;padding-left:5pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">Value
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:8pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:3pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:1.75pt;padding-left:5.5pt;padding-right:1.5pt;padding-top:3pt;text-align:left;
text-decoration:none;text-indent:-5pt;text-transform:none;vertical-align:top;width:54.97%;">Asset-Backed Securities and Commercial Mortgage-Backed Securities <FONT
style="font-size:8pt;font-weight:Normal;line-height:11pt;">(continued)</FONT>
</TD><TD
style="line-height:10pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:3pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:3pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:3pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:3pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:8pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Diversified Financials <FONT
style="font-weight:Normal;">(continued)</FONT>
</TD><TD
style="line-height:8pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,l</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Consumer Loan Underlying Bond CLUB Credit Trust, 2019-SLCT5, PT, 144A, FRN, 18.85%, 9/15/44</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:5pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;$<FONT
style="padding-left:11.12pt;"></FONT>946,478
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:5pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;$<FONT
style="padding-left:15.56pt;"></FONT>872,279
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,l,n</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Dryden 38 Senior Loan Fund, 2015-38A, DR, 144A, FRN, 5.303%, 7/15/30</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8199;2,500,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8199;&#8199;2,423,800
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,m</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Dryden 58 CLO Ltd., 2018-58A, C, 144A, FRN, 4.103%, (3-month USD LIBOR + 1.80%), 7/17/31</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8199;3,000,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8199;&#8199;2,888,970
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">m,n</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">FHLMC Structured Agency Credit Risk Debt Notes,
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">2014-DN1, M2, FRN, 4.218%, (1-month USD LIBOR + 2.20%), 2/25/24</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8199;1,076,690
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8199;&#8199;1,089,679
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">2014-HQ2, M2, FRN, 4.218%, (1-month USD LIBOR + 2.20%), 9/25/24</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;446,351
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;452,389
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,l,n</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Madison Park Funding XXIII Ltd., 2017-23A, D, 144A, FRN, 5.706%, 7/27/30</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">3,000,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">2,963,275
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,l,n</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Madison Park Funding XXXI Ltd., 2018-31A, D, 144A, FRN, 5.259%, 1/23/31</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,250,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,216,413
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">m</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">MortgageIT Trust, 2004-1, A2, FRN, 2.918%, (1-month USD LIBOR + 0.90%), 11/25/34</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">184,739
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">186,656
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,m</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Octagon Investment Partners XXII Ltd., 2014-1A, CRR, 144A, FRN, 4.178%, (3-month USD LIBOR + 1.90%), 1/22/30</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">3,050,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">2,950,875
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">m</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Opteum Mortgage Acceptance Corp. Trust, 2005-4, 1APT, FRN, 2.328%, (1-month USD LIBOR + 0.31%), 11/25/35</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">195,463
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">196,620
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">m</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Structured Asset Investment Loan Trust, 2003-BC2, M3, FRN, 6.893%, (1-month USD LIBOR + 4.875%), 4/25/33</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">13,987
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:29.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">14,380
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">m</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Structured Asset Securities Corp., 2005-2XS, 2A2, FRN, 3.60%, (1-month USD LIBOR + 1.50%), 2/25/35</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">203,371
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">205,889
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">l</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Thornburg Mortgage Securities Trust, 2005-1, A3, FRN, 4.583%, 4/25/45</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">380,397
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">383,087
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d,l,n</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Voya CLO Ltd., 2016-3A, CR, 144A, FRN, 5.55%, 10/18/31</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">2,000,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,920,000
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">l</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Wells Fargo Mortgage Backed Securities Trust, 2004-W, A9, FRN, 4.843%, 11/25/34</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">117,768
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">123,047
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;vertical-align:top;width:54.97%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:13.89pt;padding-top:2.5pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">28,472,466
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2.5pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Total Asset-Backed Securities and Commercial Mortgage-Backed Securities (Cost $34,641,960)</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:13.89pt;padding-top:2.5pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">34,516,870
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:2.25pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:2.25pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Mortgage-Backed Securities 32.6%
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.25pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:2.25pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.25pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:2.25pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:8pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Federal Home Loan Mortgage Corp. (FHLMC) Fixed Rate 19.4%
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">o</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">FHLMC 30 Year, 3.00%, 10/01/49</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">10,000,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">10,153,125
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">FHLMC 30 Year, 3.50%, 10/01/47</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">5,077,110
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">5,262,016
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">o</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">FHLMC 30 Year, 3.50%, 10/01/49</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">5,600,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">5,745,906
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">o</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">FHLMC 30 Year, 4.50%, 10/01/49</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">7,400,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">7,793,703
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">FHLMC Gold 15 Year, 5.00%, 12/01/23</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">238,362
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">247,364
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">FHLMC Gold 30 Year, 3.50%, 3/01/45</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">36,464
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:29.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">38,026
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">FHLMC Gold 30 Year, 3.50%, 11/01/48</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,561,990
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,605,180
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">FHLMC Gold 30 Year, 3.50%, 11/01/48</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">12,806,258
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">13,165,766
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">FHLMC Gold 30 Year, 4.00%, 4/01/48</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">3,849,291
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">4,038,719
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">FHLMC Gold 30 Year, 4.00%, 5/01/48</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">9,538,368
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">9,999,171
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">FHLMC Gold 30 Year, 6.00%, 7/01/28 - 11/01/36</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">423,345
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">482,505
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">FHLMC Gold 30 Year, 6.50%, 8/01/27 - 3/01/38</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">186,346
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">208,317
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">FHLMC Gold 30 Year, 7.00%, 9/01/27</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">54,006
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:29.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">58,259
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">FHLMC Gold 30 Year, 8.50%, 7/01/31</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">197,538
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">226,984
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;vertical-align:top;width:54.97%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:13.89pt;padding-top:2.5pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">59,025,041
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">p</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Federal National Mortgage Association (FNMA) Adjustable Rate 0.1%
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">FNMA, 4.04% - 4.225%, (6-month USD LIBOR +/- MBS Margin), 6/01/32 - 7/01/34</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">237,681
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">246,587
</TD></TR></TABLE>
</DIV>
</DIV>
<DIV
style="margin-top:20pt;width:100%;" type="Block">
<DIV
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;text-align:right;text-decoration:none;text-transform:none;">&nbsp;&nbsp;|&nbsp;&nbsp;13</DIV>
</DIV>
</DIV>
<DIV
style="clear:both;font-size:12pt;height:0pt;">
</DIV>
<HR
style="margin-bottom:0pt;">
<!--PAGE BREAK-->
<DIV
style="width:100%;">
<DIV
style="width:100%;" type="Block">
<DIV
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;text-align:left;text-decoration:none;text-transform:uppercase;">Franklin Limited Duration Income
Trust<BR>
Statement of Investments (unaudited)</DIV>
</DIV>
<DIV
style="margin-top:40pt;width:100%;" type="Block">
<DIV
style="text-align:center;">
<TABLE
style="border-collapse:collapse;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:1pt solid #999999;line-height:8pt;padding-bottom:4pt;padding-right:0.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="border-bottom:1pt solid #999999;line-height:8pt;padding-bottom:4pt;padding-right:1.5pt;text-align:left;vertical-align:top;width:54.97%;">&#160;
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:4pt;padding-left:1.5pt;padding-right:5pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.15%;">Country
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:4pt;padding-left:5pt;padding-right:2pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">Principal<BR>
Amount*<FONT
style="padding-left:-3pt;"></FONT>
</TD><TD
style="border-bottom:1pt solid #999999;line-height:8pt;padding-bottom:4pt;padding-right:5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:4pt;padding-left:5pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">Value
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:8pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:3pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:3pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Mortgage-Backed Securities <FONT
style="font-size:8pt;font-weight:Normal;line-height:11pt;">(continued)</FONT>
</TD><TD
style="line-height:10pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:3pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:3pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:3pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:3pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:8pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Federal National Mortgage Association (FNMA) Fixed Rate 11.3%
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">FNMA 15 Year, 3.00%, 8/01/27</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:5pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;&#8199;&#8199;$<FONT
style="padding-left:20.01pt;"></FONT>7,469
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:5pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;&#8199;&#8199;$<FONT
style="padding-left:24.45pt;"></FONT>7,671
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">FNMA 15 Year, 3.50%, 1/01/21 - 1/01/26</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;&#8199;20,540
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;&#8199;21,244
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">FNMA 15 Year, 5.50%, 7/01/20</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;&#8199;&#8199;2,361
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;&#8199;&#8199;2,359
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">FNMA 15 Year, 6.50%, 7/01/20</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8201;&#8199;&#8199;&#8199;&#8199;&#8199;&#8199;&#8199;3
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8201;&#8199;&#8199;&#8199;&#8199;&#8199;&#8199;&#8199;&#8199;3
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">FNMA 30 Year, 3.50%, 11/01/47</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8199;2,220,983
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8199;&#8199;2,298,694
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">FNMA 30 Year, 3.50%, 3/01/48</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8199;4,189,486
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8199;&#8199;4,339,712
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">FNMA 30 Year, 3.50%, 4/01/48</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">2,022,184
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">2,092,603
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">FNMA 30 Year, 3.50%, 6/01/45 - 10/01/48</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">2,037,757
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">2,106,651
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">FNMA 30 Year, 3.50%, 1/01/45 - 7/01/56</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,209,441
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,268,862
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">FNMA 30 Year, 4.00%, 11/01/44 - 1/01/45</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">817,449
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">863,734
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">FNMA 30 Year, 4.00%, 10/01/47</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">9,967,198
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">10,452,801
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">FNMA 30 Year, 4.00%, 1/01/48</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,772,521
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">1,855,550
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">FNMA 30 Year, 4.00%, 4/01/48</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">3,324,718
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">3,477,520
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">FNMA 30 Year, 4.00%, 9/01/48</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">4,090,998
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">4,247,780
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">FNMA 30 Year, 4.50%, 5/01/24 - 3/01/44</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">43,483
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:29.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">46,363
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">FNMA 30 Year, 5.00%, 5/01/38 - 7/01/39</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">322,067
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">355,906
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">FNMA 30 Year, 5.50%, 6/01/37</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">248,182
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">279,572
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">FNMA 30 Year, 6.00%, 4/01/33 - 6/01/38</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">611,883
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">697,692
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">FNMA 30 Year, 6.50%, 8/01/32</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">91,454
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">104,987
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">FNMA 30 Year, 8.00%, 10/01/29</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:29.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">4,402
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:33.90pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">4,408
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;vertical-align:top;width:54.97%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:13.89pt;padding-top:2.5pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">34,524,112
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Government National Mortgage Association (GNMA) Fixed Rate 1.8%
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">GNMA I SF 30 Year, 6.50%, 6/15/31 - 9/15/32</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">278,764
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">310,013
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">GNMA I SF 30 Year, 6.50%, 12/15/33</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">40,532
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:29.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">44,867
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">GNMA II SF 30 Year, 4.50%, 7/20/49</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">4,675,101
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:18.34pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">4,925,502
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">GNMA II SF 30 Year, 7.00%, 1/20/24 - 1/20/29</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:25.01pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">27,560
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:29.45pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">30,520
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">GNMA II SF 30 Year, 8.00%, 1/20/28 - 10/20/31</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:25.01pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">78,242
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:29.45pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">92,324
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="line-height:0pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;vertical-align:top;width:54.97%;">&#160;
</TD><TD
style="line-height:0pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-left:18.34pt;padding-top:2.5pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">5,403,226
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2.5pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Total Mortgage-Backed Securities (Cost $97,301,396)</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:13.89pt;padding-top:2.5pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">99,198,966
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:8pt;padding-bottom:4pt;padding-right:0.5pt;padding-top:3.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="line-height:8pt;padding-bottom:4pt;padding-right:1.5pt;padding-top:3.75pt;text-align:left;vertical-align:top;width:54.97%;">&#160;
</TD><TD
style="line-height:1pt;padding-bottom:4pt;padding-right:5pt;padding-top:3.75pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:4pt;padding-left:5pt;padding-right:2pt;padding-top:3.75pt;
text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">Shares
</TD><TD
style="line-height:8pt;padding-bottom:4pt;padding-right:5pt;padding-top:3.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:1pt;padding-bottom:4pt;padding-top:3.75pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:8pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:3pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:3pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Escrows and Litigation Trusts 0.0%<SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">&#8224;</SUP>
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:3pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:3pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:3pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:3pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">a,b</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">NewPage Corp., Litigation Trust</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,500,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:8pt;font-size:8pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:11pt;line-height:11pt;
padding-bottom:1.75pt;padding-left:41.46pt;padding-top:1.75pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:12.39%;">&#8194;&#8212;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">a,b,c</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Remington Outdoor Co. Inc., Litigation Trust</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:29.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">3,700
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:8pt;font-size:8pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:11pt;line-height:11pt;
padding-bottom:1.75pt;padding-left:41.46pt;padding-top:1.75pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:12.39%;">&#8194;&#8212;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">a,b</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">T-Mobile USA Inc., Litigation Trust</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,200,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:8pt;font-size:8pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:11pt;line-height:11pt;
padding-bottom:1.75pt;padding-left:41.46pt;padding-top:1.75pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:12.39%;">&#8194;&#8212;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">a</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Vistra Energy Corp., Litigation Trust</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">2,000,000
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:33.90pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">9,000
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Total Escrows and Litigation Trusts (Cost $52,910)</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-top:0.5pt;" noshade="noshade">
</TD><TD
style="line-height:0pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-left:33.90pt;padding-top:2.5pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">9,000
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2.5pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Total Investments before Short Term Investments (Cost $413,369,957)</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-top:0.5pt;" noshade="noshade">
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:9.45pt;padding-top:2.5pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">404,622,587
</TD></TR></TABLE>
</DIV>
</DIV>
<DIV
style="margin-top:104pt;width:100%;" type="Block">
<DIV
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;text-align:right;text-decoration:none;text-transform:none;">&nbsp;&nbsp;|&nbsp;&nbsp;14</DIV>
</DIV>
</DIV>
<DIV
style="clear:both;font-size:12pt;height:0pt;">
</DIV>
<HR
style="margin-bottom:0pt;">
<!--PAGE BREAK-->
<DIV
style="width:100%;">
<DIV
style="width:100%;" type="Block">
<DIV
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;text-align:right;text-decoration:none;text-transform:uppercase;">Franklin Limited Duration Income
Trust<BR>
Statement of Investments (unaudited)</DIV>
</DIV>
<DIV
style="margin-top:40pt;width:100%;" type="Block">
<DIV
style="text-align:center;">
<TABLE
style="border-collapse:collapse;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:1pt solid #999999;line-height:8pt;padding-bottom:4pt;padding-right:0.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="border-bottom:1pt solid #999999;line-height:8pt;padding-bottom:4pt;padding-right:1.5pt;text-align:left;vertical-align:top;width:54.97%;">&#160;
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:4pt;padding-left:1.5pt;padding-right:5pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.15%;">Country
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:4pt;padding-left:5pt;padding-right:2pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">Principal<BR>
Amount*<FONT
style="padding-left:-3pt;"></FONT>
</TD><TD
style="border-bottom:1pt solid #999999;line-height:8pt;padding-bottom:4pt;padding-right:5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:4pt;padding-left:5pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">Value
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:8pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:3pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:3pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Short Term Investments 7.0%
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:3pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:3pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:3pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:3pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1.75pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">i</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Senior Floating Rate Interests 0.7%
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:8pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Navios Maritime Midstream Partners LP, Initial Term Loan, 6.55%,(1-month USD LIBOR + 4.50%), 6/18/20</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">Marshall Islands
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:5pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8199;$<FONT
style="padding-left:4.45pt;"></FONT>1,100,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:5pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:12.39%;">&#8199;&#8199;$<FONT
style="padding-left:8.89pt;"></FONT>1,093,584
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Weatherford International ltd, DIP Term, 5.07%,(1-month USD LIBOR + 3.00%), 7/03/20</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">&#8201;&#8199;&#8199;985,691
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:9.45pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:12.39%;">&#8201;&#8199;&#8199;&#8199;985,691
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Total Senior Floating Rate Interests</DIV><BR>
<DIV
style="float:left;">(Cost $2,057,029)</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-top:0.5pt;" noshade="noshade">
</TD><TD
style="line-height:0pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-left:18.34pt;padding-top:2.5pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">2,079,275
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2.5pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Total Investments before Money Market Funds</DIV><BR>
<DIV
style="float:left;">(Cost $415,426,986)</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:9.45pt;padding-top:2.5pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">406,701,862
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:8pt;padding-bottom:4pt;padding-right:0.5pt;padding-top:3.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="line-height:8pt;padding-bottom:4pt;padding-right:1.5pt;padding-top:3.75pt;text-align:left;vertical-align:top;width:54.97%;">&#160;
</TD><TD
style="line-height:1pt;padding-bottom:4pt;padding-right:5pt;padding-top:3.75pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:4pt;padding-left:5pt;padding-right:2pt;padding-top:3.75pt;
text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">Shares
</TD><TD
style="line-height:8pt;padding-bottom:4pt;padding-right:5pt;padding-top:3.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:1pt;padding-bottom:4pt;padding-top:3.75pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="padding-bottom:1.75pt;padding-right:0.5pt;padding-top:3pt;text-align:right;vertical-align:top;width:2.08%;">
</TD><TD
style="padding-bottom:1.75pt;padding-right:1.5pt;padding-top:3pt;text-align:left;vertical-align:top;width:54.97%;">
</TD><TD
style="padding-bottom:1.75pt;padding-right:5pt;padding-top:3pt;text-align:right;vertical-align:bottom;width:19.15%;">
</TD><TD
style="padding-bottom:1.75pt;padding-right:2pt;padding-top:3pt;text-align:right;vertical-align:bottom;width:10.21%;">
</TD><TD
style="padding-bottom:1.75pt;padding-right:5pt;padding-top:3pt;text-align:left;vertical-align:bottom;width:2.18%;">
</TD><TD
style="padding-bottom:1.75pt;padding-top:3pt;text-align:right;vertical-align:bottom;width:12.39%;">
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:8pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Money Market Funds (Cost $19,280,913) 6.3%
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.08%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">q,r</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Institutional Fiduciary Trust Money Market Portfolio, 1.71%</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:19.15%;">United States
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:9.45pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">19,280,913
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:13.89pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">19,280,913
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Total Investments (Cost $434,707,899) 139.8%</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:9.45pt;padding-top:2.5pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">425,982,775
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Reverse Repurchase Agreements (3.0)%</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:15.68pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">(9,188,221)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Credit Facility (29.5)%</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:11.23pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">(90,000,000)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Other Assets, less Liabilities (7.3)%</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-top:0.5pt;" noshade="noshade">
</TD><TD
style="line-height:0pt;padding-right:5pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-right:2pt;padding-top:1.75pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-left:11.23pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">(22,015,547)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:4pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:4pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Net Assets 100.0%</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="line-height:0pt;padding-bottom:4pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:4pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:4pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:4pt;padding-left:5pt;padding-top:2.5pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">$304,779,007
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:8pt;padding-bottom:4pt;padding-right:0.5pt;padding-top:4.25pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="line-height:8pt;padding-bottom:4pt;padding-right:1.5pt;padding-top:4.25pt;text-align:left;vertical-align:top;width:54.97%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:4pt;padding-right:5pt;padding-top:4.25pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:4pt;padding-left:5pt;padding-right:2pt;padding-top:4.25pt;
text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:10.21%;">Amount<BR>
Borrowed
</TD><TD
style="line-height:8pt;padding-bottom:4pt;padding-right:5pt;padding-top:4.25pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:4pt;padding-left:5pt;padding-top:4.25pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">Payable
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:8pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:3pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:3pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;">Reverse Repurchase Agreements (3.0)%
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:3pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:2pt;padding-top:3pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:3pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-top:3pt;text-align:right;vertical-align:bottom;width:12.39%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:8pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Counterparty UBS, 2.758%, 11/14/19</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.15%;">Switzerland
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,073,388
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:15.68pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">(1,080,953)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Counterparty UBS, 2.758%, 11/14/19</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.15%;">Switzerland
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">450,582
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:22.35pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">(453,758)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Counterparty UBS, 3.108%, 11/14/19</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.15%;">Switzerland
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">2,364,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:15.68pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">(2,382,776)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Counterparty UBS, 3.108%, 11/14/19</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.15%;">Switzerland
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,947,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:15.68pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">(1,962,464)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Counterparty UBS, 3.108%, 11/14/19</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.15%;">Switzerland
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:13.89pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">1,547,200
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:15.68pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">(1,559,489)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Counterparty UBS, 3.108%, 11/14/19</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.15%;">Switzerland
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">965,000
</TD><TD
style="line-height:0pt;padding-bottom:1.75pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.75pt;padding-left:22.35pt;padding-top:1.75pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">(972,665)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:1.75pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Counterparty UBS, 3.108%, 11/14/19</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:1.5pt;padding-right:5pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.15%;">Switzerland
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:20.56pt;padding-right:2pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.21%;">770,000
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:1.75pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:22.35pt;padding-top:1.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.39%;">(776,116)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:0.5pt;padding-top:2.5pt;text-align:right;vertical-align:top;width:2.08%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2.5pt;padding-left:0.5pt;padding-right:1.5pt;padding-top:2.5pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.97%;"><DIV
style="float:left;">Total Reverse Repurchase Agreements</DIV><BR>
<DIV
style="float:left;">(Proceeds $9,117,170)</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:19.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:2pt;padding-top:2.5pt;text-align:right;vertical-align:bottom;width:10.21%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2.5pt;padding-right:5pt;padding-top:2.5pt;text-align:left;vertical-align:bottom;width:2.18%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:5pt;padding-top:2.5pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:12.39%;">$<FONT
style="padding-left:6.23pt;"></FONT>(9,188,221)
</TD></TR></TABLE>
</DIV>
</DIV>
<DIV
style="margin-top:189pt;width:100%;" type="Block">
<DIV
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;text-align:right;text-decoration:none;text-transform:none;">&nbsp;&nbsp;|&nbsp;&nbsp;15</DIV>
</DIV>
</DIV>
<DIV
style="clear:both;font-size:12pt;height:0pt;">
</DIV>
<HR
style="margin-bottom:0pt;">
<!--PAGE BREAK-->
<DIV
style="width:100%;">
<DIV
style="width:100%;" type="Block">
<DIV
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;text-align:left;text-decoration:none;text-transform:uppercase;">Franklin Limited Duration Income
Trust<BR>
Statement of Investments (unaudited)</DIV>
</DIV>
<DIV
style="margin-top:36pt;width:100%;" type="Block">
<DIV
style="text-align:center;">
<TABLE
style="border-collapse:collapse;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-left:0pt;padding-top:10pt;text-align:left;text-decoration:none;text-transform:none;
vertical-align:top;width:100%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">&#8224;</SUP>Rounds to less than 0.1% of net assets.
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-left:0pt;padding-top:1pt;text-align:left;text-decoration:none;text-transform:none;
vertical-align:top;width:100%;">*The principal amount is stated in U.S. dollars unless otherwise indicated.
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-left:0pt;padding-top:1pt;text-align:left;text-decoration:none;text-transform:none;
vertical-align:top;width:100%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">a</SUP>Non-income producing.
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-left:0pt;padding-top:1pt;text-align:left;text-decoration:none;text-transform:none;
vertical-align:top;width:100%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">b</SUP>Fair valued using significant unobservable inputs. See &#8202;Note 7 regarding fair value measurements.
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-left:0pt;padding-top:1pt;text-align:left;text-decoration:none;text-transform:none;
vertical-align:top;width:100%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">c</SUP>See &#8202;Note 5 regarding restricted securities.
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-left:0pt;padding-top:1pt;text-align:left;text-decoration:none;text-transform:none;
vertical-align:top;width:100%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d</SUP>Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and may be sold in transactions exempt from
registration only to qualified institutional buyers or in a public offering registered under the Securities Act of 1933. These securities have been deemed liquid under guidelines approved by the Trust&#8217;s Board of
Trustees. At September 30, 2019, the aggregate value of these securities was $117,938,936, representing 38.7% of net assets.
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-left:0pt;padding-top:1pt;text-align:left;text-decoration:none;text-transform:none;
vertical-align:top;width:100%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP>A portion or all of the security is pledged as collateral in connection with the Fund&#8217;s revolving credit facility.
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-left:0pt;padding-top:1pt;text-align:left;text-decoration:none;text-transform:none;
vertical-align:top;width:100%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">f</SUP>Perpetual security with no stated maturity date.
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-left:0pt;padding-top:1pt;text-align:left;text-decoration:none;text-transform:none;
vertical-align:top;width:100%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">g</SUP>Income may be received in additional securities and/or cash.
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-left:0pt;padding-top:1pt;text-align:left;text-decoration:none;text-transform:none;
vertical-align:top;width:100%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">h</SUP>Defaulted security or security for which income has been deemed uncollectible.
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-left:0pt;padding-top:1pt;text-align:left;text-decoration:none;text-transform:none;
vertical-align:top;width:100%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">i</SUP>The coupon rate shown represents the rate at period end.
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-left:0pt;padding-top:1pt;text-align:left;text-decoration:none;text-transform:none;
vertical-align:top;width:100%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">j</SUP>Security purchased on a delayed delivery basis. &#8202;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-left:0pt;padding-top:1pt;text-align:left;text-decoration:none;text-transform:none;
vertical-align:top;width:100%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">k</SUP>A portion or all of the security represents an unsettled loan commitment. The coupon rate is to-be determined (TBD) at the
time of settlement and will be based upon a reference index/floor plus a spread.
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-left:0pt;padding-top:1pt;text-align:left;text-decoration:none;text-transform:none;
vertical-align:top;width:100%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">l</SUP>Adjustable rate security with an interest rate that is not based on a published reference index and spread. The rate is based
on the structure of the agreement and current market conditions. The coupon rate shown represents the rate at period end.
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-left:0pt;padding-top:1pt;text-align:left;text-decoration:none;text-transform:none;
vertical-align:top;width:100%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">m</SUP>The coupon rate shown represents the rate inclusive of any caps or floors, if applicable, in effect at period end.
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-left:0pt;padding-top:1pt;text-align:left;text-decoration:none;text-transform:none;
vertical-align:top;width:100%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">n</SUP>A portion or all of the security is designated as collateral for reverse repurchase agreement.
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-left:0pt;padding-top:1pt;text-align:left;text-decoration:none;text-transform:none;
vertical-align:top;width:100%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">o</SUP>Security purchased on a to-be-announced (TBA) basis. &#8202;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-left:0pt;padding-top:1pt;text-align:left;text-decoration:none;text-transform:none;
vertical-align:top;width:100%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">p</SUP>Adjustable Rate Mortgage-Backed Security (ARM); the rate shown is the effective rate at period end. ARM rates are not based
on a published reference rate and spread, but instead pass-through weighted average interest income inclusive of any caps or floors, if applicable, from the underlying mortgage loans in which the majority of mortgages
pay interest based on the index shown at their designated reset dates plus a spread, less the applicable servicing and guaranty fee (MBS margin).
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-left:0pt;padding-top:1pt;text-align:left;text-decoration:none;text-transform:none;
vertical-align:top;width:100%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">q</SUP>See &#8202;Note 6 regarding investments in affiliated management investment companies.
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-left:0pt;padding-top:1pt;text-align:left;text-decoration:none;text-transform:none;
vertical-align:top;width:100%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">r</SUP>The rate shown is the annualized seven-day effective yield at period end.
</TD></TR></TABLE>
</DIV>
</DIV>
<DIV
style="margin-top:358pt;width:100%;" type="Block">
<DIV
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;text-align:right;text-decoration:none;text-transform:none;">&nbsp;&nbsp;|&nbsp;&nbsp;16</DIV>
</DIV>
</DIV>
<DIV
style="clear:both;font-size:12pt;height:0pt;">
</DIV>
<HR
style="margin-bottom:0pt;">
<!--PAGE BREAK-->
<DIV
style="width:100%;">
<DIV
style="width:100%;" type="Block">
<DIV
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;text-align:right;text-decoration:none;text-transform:uppercase;">Franklin Limited Duration Income
Trust<BR>
</DIV>
</DIV>
<DIV
style="margin-top:47pt;width:100%;" type="Block">
<DIV
style="color:#000000;font-family:Arial Narrow;font-size:18pt;font-style:Normal;font-weight:Normal;line-height:21pt;text-align:left;text-decoration:none;text-transform:none;">Notes to Statement of Investments
(unaudited)</DIV>
<DIV
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;margin-top:18pt;text-align:left;text-decoration:none;text-transform:none;">1.&nbsp;&nbsp; ORGANIZATION</DIV>
<DIV
style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;margin-top:5pt;text-align:left;text-decoration:none;text-transform:none;">Franklin Limited Duration Income
Trust (Fund) is registered under the Investment Company Act of 1940 (1940 Act) as a closed-end management investment company and applies the specialized accounting and reporting guidance in U.S. Generally Accepted
Accounting Principles (U.S. GAAP).&nbsp;</DIV>
<DIV
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;margin-top:18pt;text-align:left;text-decoration:none;text-transform:none;">2.&nbsp;&nbsp;FINANCIAL INSTRUMENT
VALUATION</DIV>
<DIV
style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;margin-top:9pt;text-align:left;text-decoration:none;text-transform:none;">The Fund&#8217;s investments in
financial instruments are carried at fair value daily. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants on the
measurement date. The Fund calculates the net asset value (NAV) per share each business day as of 4 p.m. Eastern time or the regularly scheduled close of the New York Stock Exchange (NYSE), whichever is earlier. Under
compliance policies and procedures approved by the Fund&#8217;s Board of Trustees (the Board), the Fund&#8217;s administrator has responsibility for oversight of valuation, including leading the cross-functional
Valuation Committee (VC). The Fund may utilize independent pricing services, quotations from securities and financial instrument dealers, and other market sources to determine fair value.</DIV>
<DIV
style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;margin-top:9pt;text-align:left;text-decoration:none;text-transform:none;">Equity securities listed on an
exchange or on the NASDAQ National Market System are valued at the last quoted sale price or the official closing price of the day, respectively. Over-the-counter (OTC) securities are valued within the range of the
most recent quoted bid and ask prices. Securities that trade in multiple markets or on multiple exchanges are valued according to the broadest and most representative market. Certain equity securities are valued based
upon fundamental characteristics or relationships to similar securities.</DIV>
<DIV
style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;margin-top:9pt;text-align:left;text-decoration:none;text-transform:none;">Debt securities generally trade in
the OTC market rather than on a securities exchange. The Fund&#8217;s pricing services use multiple valuation techniques to determine fair value. In instances where sufficient market activity exists, the pricing
services may utilize a market-based approach through which quotes from market makers are used to determine fair value. In instances where sufficient market activity may not exist or is limited, the pricing services
also utilize proprietary valuation models which may consider market characteristics such as benchmark yield curves, credit spreads, estimated default rates, anticipated market interest rate volatility, coupon rates,
anticipated timing of principal repayments, underlying collateral, and other unique security features in order to estimate the relevant cash flows, which are then discounted to calculate the fair value. Securities
denominated in a foreign currency are converted into their U.S. dollar equivalent at the foreign exchange rate in effect at 4 p.m. Eastern time on the date that the values of the foreign debt securities are
determined.</DIV>
<DIV
style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;margin-top:9pt;text-align:left;text-decoration:none;text-transform:none;">Investments in open-end mutual funds
are valued at the closing NAV.</DIV>
<DIV
style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;margin-top:9pt;text-align:left;text-decoration:none;text-transform:none;">Certain derivative financial
instruments trade in the OTC market. The Fund&#8217;s pricing services use various techniques including industry standard option pricing models and proprietary discounted cash flow models to determine the fair value
of those instruments. The Fund&#8217;s net benefit or obligation under the derivative contract, as measured by the fair value of the contract, is included in net assets.</DIV>
<DIV
style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;margin-top:9pt;text-align:left;text-decoration:none;text-transform:none;">The Fund has procedures to determine
the fair value of financial instruments for which market prices are not reliable or readily available. Under these procedures, the Fund primarily employs a market-based approach which may use related or comparable
assets or liabilities, recent transactions, market multiples, book values, and other relevant information for the investment to determine the fair value of the investment. An income-based valuation approach may also
be used in which the anticipated future cash flows of the investment are discounted to calculate fair value. Discounts may also be applied due to the nature or duration of any restrictions on the disposition of the
investments. Due to the inherent uncertainty of valuations of such investments, the fair values may differ significantly from the values that would have been used had an active market existed.&nbsp;</DIV>
</DIV>
<DIV
style="margin-top:68pt;width:100%;" type="Block">
<DIV
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;text-align:right;text-decoration:none;text-transform:none;">&nbsp;&nbsp;|&nbsp;&nbsp;17</DIV>
</DIV>
</DIV>
<DIV
style="clear:both;font-size:12pt;height:0pt;">
</DIV>
<HR
style="margin-bottom:0pt;">
<!--PAGE BREAK-->
<DIV
style="width:100%;">
<DIV
style="width:100%;" type="Block">
<DIV
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;text-align:left;text-decoration:none;text-transform:uppercase;">Franklin Limited Duration Income
Trust<BR>
Notes to Statements of Investments (unaudited)</DIV>
</DIV>
<DIV
style="margin-top:21pt;width:100%;" type="Block">
<DIV
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;margin-top:18pt;text-align:left;text-decoration:none;text-transform:none;">3.&nbsp;&nbsp;DERIVATIVE FINANCIAL
INSTRUMENTS</DIV>
<DIV
style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;margin-top:9pt;text-align:left;text-decoration:none;text-transform:none;">The Fund invested in derivative
financial instruments in order to manage risk or gain exposure to various other investments or markets. Derivatives are financial contracts based on an underlying or notional amount, require no initial investment or
an initial net investment that is smaller than would normally be required to have a similar response to changes in market factors, and require or permit net settlement. Derivatives contain various risks including the
potential inability of the counterparty to fulfill their obligations under the terms of the contract, the potential for an illiquid secondary market, and/or the potential for market movements.</DIV>
<DIV
style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;margin-top:9pt;text-align:left;text-decoration:none;text-transform:none;">The Fund entered into OTC total
return swap contracts primarily to manage and/or gain exposure to interest rate risk of an underlying instrument such as a stock, bond, index or basket of securities or indices. A total return swap is an agreement
between the Fund and a counterparty to exchange a return linked to an underlying instrument for a floating or fixed rate payment, both based upon a notional amount. Over the term of the contract, contractually
required payments to be paid or received are accrued daily and recorded as unrealized appreciation or depreciation until the payments are made, at which time they are recognized as realized gain or loss. The Fund did
not hold any total return swap contracts at period end.&nbsp;</DIV>
<DIV
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;margin-top:18pt;text-align:left;text-decoration:none;text-transform:none;">4.&nbsp;&nbsp; MORTGAGE DOLLAR ROLLS</DIV>
<DIV
style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;margin-top:9pt;text-align:left;text-decoration:none;text-transform:none;">The Fund enters into mortgage dollar
rolls, typically on a to-be-announced basis. Mortgage dollar rolls are agreements between the Fund and a financial institution where the Fund sells (or buys) mortgage-backed securities for delivery on a specified date
and simultaneously contracts to repurchase (or sell) substantially similar (same type, coupon, and maturity) securities at a future date and at a predetermined price. Gains or losses are realized on the initial sale,
and the difference between the repurchase price and the sale price is recorded as an unrealized gain or loss to the Fund upon entering into the mortgage dollar roll. In addition, the Fund may invest the cash proceeds
that are received from the initial sale. During the period between the sale and repurchase, the Fund is not entitled to principal and interest paid on the mortgage backed securities. Transactions in mortgage dollar
rolls are accounted for as purchases and sales and may result in an increase to the Fund&#8217;s portfolio turnover rate. The risks of mortgage dollar roll transactions include the potential inability of the
counterparty to fulfill its obligations.</DIV>
<DIV
style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;margin-top:9pt;text-align:left;text-decoration:none;text-transform:none;">The Fund is investing in mortgage
dollar rolls as an alternate form of leverage. &nbsp;</DIV>
<DIV
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;margin-top:18pt;text-align:left;text-decoration:none;text-transform:none;">5.&nbsp;&nbsp;RESTRICTED SECURITIES</DIV>
<DIV
style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;margin-top:9pt;text-align:left;text-decoration:none;text-transform:none;">At September 30, 2019, investments
in restricted securities, excluding securities exempt from registration under the Securities Act of 1933 deemed to be liquid, were as follows:</DIV>
<DIV
style="text-align:left;">
<TABLE
style="border-collapse:collapse;empty-cells:show;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:3pt;padding-left:0pt;padding-right:1.5pt;padding-top:6pt;
text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.24%;">Shares
</TD><TD
style="border-bottom:1pt solid #999999;line-height:0pt;padding-bottom:3pt;padding-right:1.5pt;padding-top:6pt;text-align:left;vertical-align:bottom;width:2.97%;">&#160;
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:3pt;padding-left:1.5pt;padding-right:6pt;padding-top:6pt;
text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:54.38%;">Issuer
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:3pt;padding-left:6pt;padding-right:6pt;padding-top:6pt;
text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:16.54%;">Acquisition<BR>
Date
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:3pt;padding-left:6pt;padding-right:6pt;padding-top:6pt;
text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.42%;">Cost
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:3pt;padding-left:6pt;padding-right:3pt;padding-top:6pt;
text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:9.05%;">Value
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.88pt;padding-left:11.12pt;padding-right:1.5pt;padding-top:2.88pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:7.24%;">404
</TD><TD
style="line-height:8pt;padding-bottom:1.88pt;padding-right:1.5pt;padding-top:2.88pt;text-align:left;vertical-align:top;white-space:nowrap;width:2.97%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.88pt;padding-left:1.5pt;padding-right:6pt;padding-top:2.88pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.38%;"><DIV
style="float:left;">Nine Point Energy Holdings Inc., cvt. pfd.</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.88pt;padding-left:6pt;padding-right:6pt;padding-top:2.88pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:16.54%;">3/24/17
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.88pt;padding-left:6pt;padding-right:6pt;padding-top:2.88pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.42%;">$<FONT
style="padding-left:6.67pt;"></FONT>377,604
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.88pt;padding-left:6pt;padding-right:3pt;padding-top:2.88pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:9.05%;">$330,548
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.88pt;padding-left:0pt;padding-right:1.5pt;padding-top:1.88pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:7.24%;">21,663
</TD><TD
style="line-height:8pt;padding-bottom:1.88pt;padding-right:1.5pt;padding-top:1.88pt;text-align:left;vertical-align:top;white-space:nowrap;width:2.97%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.88pt;padding-left:1.5pt;padding-right:6pt;padding-top:1.88pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:54.38%;"><DIV
style="float:left;">Nine Point Energy LLC</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.88pt;padding-left:6pt;padding-right:6pt;padding-top:1.88pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:16.54%;">7/15/14 - 2/01/18
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.88pt;padding-left:17.12pt;padding-right:6pt;padding-top:1.88pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.42%;">830,630
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.88pt;padding-left:34.90pt;padding-right:3pt;padding-top:1.88pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:9.05%;">2
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:4.45pt;padding-right:1.5pt;padding-top:1.88pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:7.24%;">3,700
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:1.5pt;padding-right:1.5pt;padding-top:1.88pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:top;width:2.97%;">&#8194;&#8194;<SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">a</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:1.5pt;padding-right:6pt;padding-top:1.88pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:top;width:54.38%;"><DIV
style="float:left;">Remington Outdoor Co. Inc., Litigation Trust</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:6pt;padding-right:6pt;padding-top:1.88pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:16.54%;">5/16/18
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:8pt;font-size:8pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;
line-height:11pt;line-height:11pt;padding-bottom:3pt;padding-left:33.57pt;padding-right:6pt;padding-top:1.88pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;
vertical-align:bottom;width:10.42%;">&#8194;&#8212;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:8pt;font-size:8pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;
line-height:11pt;line-height:11pt;padding-bottom:3pt;padding-left:26.90pt;padding-right:3pt;padding-top:1.88pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;
vertical-align:bottom;width:9.05%;">&#8194;&#8212;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:3pt;padding-right:1.5pt;padding-top:2.75pt;text-align:right;vertical-align:top;width:7.24%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:3pt;padding-right:1.5pt;padding-top:2.75pt;text-align:left;vertical-align:top;width:2.97%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:3pt;padding-left:1.5pt;padding-right:6pt;padding-top:2.75pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:top;width:70.92%;" colspan="2"><DIV
style="float:left;">Total Restricted Securities<FONT
style="font-weight:Normal;"> (Value is 0.1% of Net Assets)</FONT></DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:6pt;padding-right:6pt;padding-top:2.75pt;
text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.42%;">$1,208,234
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:6pt;padding-right:3pt;padding-top:2.75pt;
text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:9.05%;">$330,550
</TD></TR></TABLE>
</DIV>
<DIV
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;text-align:right;text-decoration:none;text-transform:none;">&nbsp;</DIV>
<DIV
style="text-align:left;">
<TABLE
style="border-collapse:collapse;empty-cells:show;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-left:0pt;padding-top:3pt;text-align:left;text-decoration:none;text-transform:none;
vertical-align:top;width:100%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">a</SUP>The Fund also invests in unrestricted securities of the issuer, valued at $68,785 as of September 30, 2019.&#8202;
</TD></TR></TABLE>
</DIV>
</DIV>
<DIV
style="margin-top:149pt;width:100%;" type="Block">
<DIV
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;margin-top:144pt;text-align:right;text-decoration:none;text-transform:none;">&nbsp;&nbsp;|&nbsp;&nbsp;18</DIV>
</DIV>
</DIV>
<DIV
style="clear:both;font-size:12pt;height:0pt;">
</DIV>
<HR
style="margin-bottom:0pt;">
<!--PAGE BREAK-->
<DIV
style="width:100%;">
<DIV
style="width:100%;" type="Block">
<DIV
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;text-align:right;text-decoration:none;text-transform:uppercase;">Franklin Limited Duration Income
Trust</DIV>
<DIV
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;text-align:right;text-decoration:none;text-transform:uppercase;">Notes to Statements of Investments
(unaudited)</DIV>
</DIV>
<DIV
style="margin-top:21pt;width:100%;" type="Block">
<DIV
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;margin-top:18pt;text-align:left;text-decoration:none;text-transform:none;">6.&nbsp;&nbsp;INVESTMENTS IN AFFILIATED
MANAGEMENT INVESTMENT COMPANIES</DIV>
<DIV
style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;margin-top:9pt;text-align:left;text-decoration:none;text-transform:none;">The Fund invests in one or more
affiliated management investment companies for purposes other than exercising a controlling influence over the management or policies. During the period ended September 30, 2019, the Fund held investments in
affiliated management investment companies as follows:</DIV>
<DIV
style="text-align:left;">
<TABLE
style="border-collapse:collapse;empty-cells:show;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:1pt solid #999999;line-height:8pt;padding-bottom:3.5pt;padding-right:4pt;padding-top:6pt;text-align:left;vertical-align:bottom;width:30.89%;">&#160;
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:3.5pt;padding-left:4pt;padding-right:4pt;padding-top:6pt;
text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:8.10%;">Value at<BR>
Beginning<BR>
of Period
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:3.5pt;padding-left:4pt;padding-right:4pt;padding-top:6pt;
text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:8.83%;">Purchases
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:3.5pt;padding-left:4pt;padding-right:4pt;padding-top:6pt;
text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:9.26%;">Sales
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:3.5pt;padding-left:4pt;padding-right:4pt;padding-top:6pt;
text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:8.74%;">Realized<BR>
Gain (Loss)
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:3.5pt;padding-left:4pt;padding-right:4pt;padding-top:6pt;
text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:10.33%;">Net Change in<BR>
Unrealized<BR>
Appreciation<BR>
(Depreciation)
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:3.5pt;padding-left:4pt;padding-right:4pt;padding-top:6pt;
text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:8.83%;">Value at<BR>
End of<BR>
Period
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:3.5pt;padding-left:4pt;padding-right:4pt;padding-top:6pt;
text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:8.76%;">Number of<BR>
Shares<BR>
Held at End<BR>
of Period
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:3.5pt;padding-left:4pt;padding-top:6pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:7.07%;">Dividend<BR>
Income
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.88pt;padding-left:0pt;padding-top:2.38pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:100%;" colspan="9">Non-Controlled Affiliates
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3.5pt;padding-left:0pt;padding-right:4pt;padding-top:1.88pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:bottom;width:30.89%;"><DIV
style="float:left;">Institutional Fiduciary Trust Money Market Portfolio, 1.71%</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3.5pt;padding-left:8pt;padding-right:4pt;
padding-top:1.88pt;text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:8.10%;">$5,086,661
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3.5pt;padding-left:8pt;padding-right:4pt;
padding-top:1.88pt;text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:8.83%;">$95,448,060
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3.5pt;padding-left:8pt;padding-right:4pt;
padding-top:1.88pt;text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.26%;">$(81,253,808)
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3.5pt;padding-left:8pt;padding-right:4pt;
padding-top:1.88pt;text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:8.74%;">$&#8195;&#8194;&#8212;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3.5pt;padding-left:8pt;padding-right:4pt;
padding-top:1.88pt;text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:10.33%;">$&#8195;&#8194;&#8212;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3.5pt;padding-left:8pt;padding-right:4pt;
padding-top:1.88pt;text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:8.83%;">$19,280,913
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3.5pt;padding-left:8pt;padding-right:4pt;padding-top:1.88pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:8.76%;">19,280,913
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3.5pt;padding-left:8pt;padding-top:1.88pt;
text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:7.07%;">$161,376
</TD></TR></TABLE>
</DIV>
<DIV
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;margin-top:18pt;text-align:left;text-decoration:none;text-transform:none;">7.&nbsp;&nbsp;FAIR VALUE MEASUREMENTS</DIV>
<DIV
style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;margin-top:9pt;text-align:left;text-decoration:none;text-transform:none;">The Fund follows a fair value
hierarchy that distinguishes between market data obtained from independent sources (observable inputs) and the Fund&#8217;s own market assumptions (unobservable inputs). These inputs are used in determining the value
of the Fund&#8217;s financial instruments and are summarized in the following fair value hierarchy:</DIV>
<DIV
style="text-align:left;">
<TABLE
style="border-collapse:collapse;empty-cells:show;margin-left:3.57%;margin-top:3pt;width:96.43%;" cellpadding="9" cellspacing="0">
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;
white-space:nowrap;width:1.03%;">&#8226;&#8194;
</TD><TD
style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:98.97%;
">Level 1 &#8211; quoted prices in active markets for identical financial instruments<BR>

</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;
white-space:nowrap;width:1.03%;">&#8226;&#8194;
</TD><TD
style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:98.97%;
">Level 2 &#8211; other significant observable inputs (including quoted prices for similar financial instruments, interest rates, prepayment speed, credit risk, etc.)<BR>

</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none;
vertical-align:top;white-space:nowrap;width:1.03%;">&#8226;&#8194;
</TD><TD
style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;
width:98.97%;">Level 3 &#8211; significant unobservable inputs (including the Fund&#8217;s own assumptions in determining the fair value of financial instruments)
</TD></TR></TABLE>
</DIV>
<DIV
style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;margin-top:9pt;text-align:left;text-decoration:none;text-transform:none;">The input levels are not necessarily
an indication of the risk or liquidity associated with financial instruments at that level.</DIV>
<DIV
style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;margin-top:9pt;text-align:left;text-decoration:none;text-transform:none;">A summary of inputs used as of
September 30, 2019, in valuing the Fund&#8217;s assets carried at fair value, is as follows:</DIV>
<DIV
style="text-align:left;">
<TABLE
style="border-collapse:collapse;empty-cells:show;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:1pt solid #999999;line-height:8pt;padding-bottom:3pt;padding-right:9pt;padding-top:5pt;text-align:left;vertical-align:bottom;width:39.09%;">&#160;
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:3pt;padding-left:9pt;padding-right:9pt;padding-top:5pt;
text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:15.67%;">Level 1
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:3pt;padding-left:9pt;padding-right:9pt;padding-top:5pt;
text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:15.67%;">Level 2
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:3pt;padding-left:9pt;padding-right:9pt;padding-top:5pt;
text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:15.67%;">Level 3
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:3pt;padding-left:9pt;padding-top:5pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:15.67%;">Total
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.88pt;padding-left:0pt;padding-right:9pt;padding-top:2.88pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:39.09%;">Assets:
</TD><TD
style="line-height:8pt;padding-bottom:1.88pt;padding-right:9pt;padding-top:2.88pt;text-align:right;vertical-align:bottom;width:15.67%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.88pt;padding-right:9pt;padding-top:2.88pt;text-align:right;vertical-align:bottom;width:15.67%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.88pt;padding-right:9pt;padding-top:2.88pt;text-align:right;vertical-align:bottom;width:15.67%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.88pt;padding-top:2.88pt;text-align:right;vertical-align:bottom;width:15.67%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.88pt;padding-left:8pt;padding-right:9pt;padding-top:1.88pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:bottom;width:39.09%;">Investments in Securities:<SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">a</SUP>
</TD><TD
style="line-height:0pt;padding-bottom:1.88pt;padding-right:9pt;padding-top:1.88pt;text-align:right;vertical-align:bottom;width:15.67%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.88pt;padding-right:9pt;padding-top:1.88pt;text-align:right;vertical-align:bottom;width:15.67%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.88pt;padding-right:9pt;padding-top:1.88pt;text-align:right;vertical-align:bottom;width:15.67%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.88pt;padding-top:1.88pt;text-align:right;vertical-align:bottom;width:15.67%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.88pt;padding-left:14pt;padding-right:9pt;padding-top:1.88pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:bottom;width:39.09%;">Equity Investments:<SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">b</SUP>
</TD><TD
style="line-height:0pt;padding-bottom:1.88pt;padding-right:9pt;padding-top:1.88pt;text-align:right;vertical-align:bottom;width:15.67%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.88pt;padding-right:9pt;padding-top:1.88pt;text-align:right;vertical-align:bottom;width:15.67%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.88pt;padding-right:9pt;padding-top:1.88pt;text-align:right;vertical-align:bottom;width:15.67%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.88pt;padding-top:1.88pt;text-align:right;vertical-align:bottom;width:15.67%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.88pt;padding-left:20pt;padding-right:9pt;padding-top:1.88pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:bottom;width:39.09%;"><DIV
style="float:left;">Commercial &amp; Professional Services</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.88pt;padding-left:0pt;padding-right:9pt;padding-top:1.88pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:15.67%;">$<FONT
style="padding-left:48.55pt;">&#8212;</FONT>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.88pt;padding-left:0pt;padding-right:9pt;padding-top:1.88pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:15.67%;">$<FONT
style="padding-left:48.55pt;">&#8212;</FONT>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.88pt;padding-left:0pt;padding-right:9pt;padding-top:1.88pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:15.67%;">$<FONT
style="padding-left:32.10pt;">68,785</FONT>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.88pt;padding-left:0pt;padding-top:1.88pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:15.67%;">$<FONT
style="padding-left:32.10pt;">68,785</FONT>
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.88pt;padding-left:20pt;padding-right:9pt;padding-top:1.88pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:39.09%;"><DIV
style="float:left;">Energy</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.88pt;padding-left:45.55pt;padding-right:9pt;padding-top:1.88pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:15.67%;">98,850
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.88pt;padding-left:41.10pt;padding-right:9pt;padding-top:1.88pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:15.67%;">961,929
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.88pt;padding-left:41.10pt;padding-right:9pt;padding-top:1.88pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:15.67%;">330,550<SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">c</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.88pt;padding-left:34.43pt;padding-top:1.88pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:15.67%;">1,391,329
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.88pt;padding-left:20pt;padding-right:9pt;padding-top:1.88pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:bottom;width:39.09%;"><DIV
style="float:left;">All Other Equity Investments</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.88pt;padding-left:45.55pt;padding-right:9pt;padding-top:1.88pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:15.67%;">52,020
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:8pt;font-size:8pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:11pt;line-height:11pt;
padding-bottom:1.88pt;padding-left:53pt;padding-right:9pt;padding-top:1.88pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;
width:15.67%;">&#8212;
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:8pt;font-size:8pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:11pt;line-height:11pt;
padding-bottom:1.88pt;padding-left:53pt;padding-right:9pt;padding-top:1.88pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;
width:15.67%;">&#8212;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.88pt;padding-left:45.55pt;padding-top:1.88pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:15.67%;">52,020
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.88pt;padding-left:14pt;padding-right:9pt;padding-top:1.88pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:bottom;width:39.09%;"><DIV
style="float:left;">Corporate Bonds</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:8pt;font-size:8pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:11pt;line-height:11pt;
padding-bottom:1.88pt;padding-left:53pt;padding-right:9pt;padding-top:1.88pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;
width:15.67%;">&#8212;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.88pt;padding-left:25.54pt;padding-right:9pt;padding-top:1.88pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:15.67%;">134,365,114
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:8pt;font-size:8pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:11pt;line-height:11pt;
padding-bottom:1.88pt;padding-left:53pt;padding-right:9pt;padding-top:1.88pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;
width:15.67%;">&#8212;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.88pt;padding-left:25.54pt;padding-top:1.88pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:15.67%;">134,365,114
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.88pt;padding-left:14pt;padding-right:9pt;padding-top:1.88pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:bottom;width:39.09%;"><DIV
style="float:left;">Senior Floating Rate Interests</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:8pt;font-size:8pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:11pt;line-height:11pt;
padding-bottom:1.88pt;padding-left:53pt;padding-right:9pt;padding-top:1.88pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;
width:15.67%;">&#8212;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.88pt;padding-left:25.54pt;padding-right:9pt;padding-top:1.88pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:15.67%;">126,184,618
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:8pt;font-size:8pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:11pt;line-height:11pt;
padding-bottom:1.88pt;padding-left:53pt;padding-right:9pt;padding-top:1.88pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;
width:15.67%;">&#8212;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.88pt;padding-left:25.54pt;padding-top:1.88pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:15.67%;">126,184,618
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.88pt;padding-left:14pt;padding-right:9pt;padding-top:1.88pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:bottom;width:39.09%;"><DIV
style="float:left;">Marketplace Loans</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:8pt;font-size:8pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:11pt;line-height:11pt;
padding-bottom:1.88pt;padding-left:53pt;padding-right:9pt;padding-top:1.88pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;
width:15.67%;">&#8212;
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:8pt;font-size:8pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:11pt;line-height:11pt;
padding-bottom:1.88pt;padding-left:53pt;padding-right:9pt;padding-top:1.88pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;
width:15.67%;">&#8212;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.88pt;padding-left:34.43pt;padding-right:9pt;padding-top:1.88pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:15.67%;">8,835,885
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.88pt;padding-left:34.43pt;padding-top:1.88pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:15.67%;">8,835,885
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.88pt;padding-left:20pt;padding-right:9pt;padding-top:1.88pt;text-align:left;
text-decoration:none;text-indent:-6pt;text-transform:none;vertical-align:bottom;width:39.09%;">Asset-Backed Securities and Commercial Mortgage-Backed Securities:
</TD><TD
style="line-height:0pt;padding-bottom:1.88pt;padding-right:9pt;padding-top:1.88pt;text-align:right;vertical-align:bottom;width:15.67%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.88pt;padding-right:9pt;padding-top:1.88pt;text-align:right;vertical-align:bottom;width:15.67%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.88pt;padding-right:9pt;padding-top:1.88pt;text-align:right;vertical-align:bottom;width:15.67%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.88pt;padding-top:1.88pt;text-align:right;vertical-align:bottom;width:15.67%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.88pt;padding-left:20pt;padding-right:9pt;padding-top:1.88pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:39.09%;"><DIV
style="float:left;">Banks</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:8pt;font-size:8pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:11pt;line-height:11pt;
padding-bottom:1.88pt;padding-left:53pt;padding-right:9pt;padding-top:1.88pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;
width:15.67%;">&#8212;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.88pt;padding-left:34.43pt;padding-right:9pt;padding-top:1.88pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:15.67%;">6,035,324
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.88pt;padding-left:49.99pt;padding-right:9pt;padding-top:1.88pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:15.67%;">9,080
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.88pt;padding-left:34.43pt;padding-top:1.88pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:15.67%;">6,044,404
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.88pt;padding-left:20pt;padding-right:9pt;padding-top:1.88pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:bottom;width:39.09%;"><DIV
style="float:left;">All Other Asset-Backed Securities and Commercial Mortgage-Backed Securities</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:8pt;font-size:8pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:11pt;line-height:11pt;
padding-bottom:1.88pt;padding-left:53pt;padding-right:9pt;padding-top:1.88pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;
width:15.67%;">&#8212;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.88pt;padding-left:29.98pt;padding-right:9pt;padding-top:1.88pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:15.67%;">28,472,466
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:8pt;font-size:8pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:11pt;line-height:11pt;
padding-bottom:1.88pt;padding-left:53pt;padding-right:9pt;padding-top:1.88pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;
width:15.67%;">&#8212;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.88pt;padding-left:29.98pt;padding-top:1.88pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:15.67%;">28,472,466
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.88pt;padding-left:14pt;padding-right:9pt;padding-top:1.88pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:bottom;width:39.09%;"><DIV
style="float:left;">Mortgage-Backed Securities</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:8pt;font-size:8pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:11pt;line-height:11pt;
padding-bottom:1.88pt;padding-left:53pt;padding-right:9pt;padding-top:1.88pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;
width:15.67%;">&#8212;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.88pt;padding-left:29.98pt;padding-right:9pt;padding-top:1.88pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:15.67%;">99,198,966
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:8pt;font-size:8pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:11pt;line-height:11pt;
padding-bottom:1.88pt;padding-left:53pt;padding-right:9pt;padding-top:1.88pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;
width:15.67%;">&#8212;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.88pt;padding-left:29.98pt;padding-top:1.88pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:15.67%;">99,198,966
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.88pt;padding-left:14pt;padding-right:9pt;padding-top:1.88pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:bottom;width:39.09%;"><DIV
style="float:left;">Escrows and Litigation Trusts</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:8pt;font-size:8pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:11pt;line-height:11pt;
padding-bottom:1.88pt;padding-left:53pt;padding-right:9pt;padding-top:1.88pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;
width:15.67%;">&#8212;
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.88pt;padding-left:49.99pt;padding-right:9pt;padding-top:1.88pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:15.67%;">9,000
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.88pt;padding-left:62pt;padding-right:9pt;padding-top:1.88pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:15.67%;">&#8212;<SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">c</SUP>
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.88pt;padding-left:49.99pt;padding-top:1.88pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:15.67%;">9,000
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-left:14pt;padding-right:9pt;padding-top:1.88pt;text-align:left;text-decoration:none;text-transform:none;
vertical-align:bottom;width:39.09%;"><DIV
style="float:left;">Short Term Investments</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-top:0.5pt;" noshade="noshade">
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-left:29.98pt;padding-right:9pt;padding-top:1.88pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:15.67%;">19,280,913
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-left:34.43pt;padding-right:9pt;padding-top:1.88pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:15.67%;">2,079,275
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:8pt;font-size:8pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;
line-height:11pt;line-height:11pt;padding-left:53pt;padding-right:9pt;padding-top:1.88pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;
white-space:nowrap;width:15.67%;">&#8212;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-left:29.98pt;padding-top:1.88pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:15.67%;">21,360,188
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:26pt;padding-right:9pt;padding-top:2.75pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:39.09%;"><DIV
style="float:left;">Total Investments in Securities</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-top:0.5pt;" noshade="noshade">
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:0pt;padding-right:9pt;padding-top:2.75pt;
text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:15.67%;">$<FONT
style="padding-left:16.54pt;"></FONT>19,431,783
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:0pt;padding-right:9pt;padding-top:2.75pt;
text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:15.67%;">$<FONT
style="padding-left:12.09pt;"></FONT>397,306,692
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:0pt;padding-right:9pt;padding-top:2.75pt;
text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:15.67%;">$<FONT
style="padding-left:20.98pt;"></FONT>9,244,300
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:0pt;padding-top:2.75pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:15.67%;">$<FONT
style="padding-left:12.09pt;"></FONT>425,982,775
</TD></TR></TABLE>
</DIV>
</DIV>
<DIV
style="margin-top:73pt;width:100%;" type="Block">
<DIV
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;text-align:right;text-decoration:none;text-transform:none;">&nbsp;&nbsp;|&nbsp;&nbsp;19</DIV>
</DIV>
</DIV>
<DIV
style="clear:both;font-size:12pt;height:0pt;">
</DIV>
<HR
style="margin-bottom:0pt;">
<!--PAGE BREAK-->
<DIV
style="width:100%;">
<DIV
style="width:100%;" type="Block">
<DIV
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;text-align:left;text-decoration:none;text-transform:uppercase;">Franklin Limited Duration Income
Trust<BR>
Notes to Statements of Investments (unaudited)</DIV>
</DIV>
<DIV
style="margin-top:21pt;width:100%;" type="Block">
<DIV
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;margin-top:31pt;text-align:left;text-decoration:none;text-transform:none;">7.&nbsp;&nbsp;FAIR VALUE
MEASUREMENTS<FONT
style="font-size:8pt;font-weight:Normal;line-height:11pt;"> (continued)<BR>
</FONT></DIV>
<DIV
style="text-align:left;">
<TABLE
style="border-collapse:collapse;empty-cells:show;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:1pt solid #999999;line-height:8pt;padding-bottom:3pt;padding-right:9pt;padding-top:5pt;text-align:left;vertical-align:bottom;width:39.09%;">&#160;
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:3pt;padding-left:9pt;padding-right:9pt;padding-top:5pt;
text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:15.67%;">Level 1
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:3pt;padding-left:9pt;padding-right:9pt;padding-top:5pt;
text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:15.67%;">Level 2
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:3pt;padding-left:9pt;padding-right:9pt;padding-top:5pt;
text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:15.67%;">Level 3
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:3pt;padding-left:9pt;padding-top:5pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:15.67%;">Total
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.88pt;padding-left:0pt;padding-right:9pt;padding-top:2.88pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:39.09%;">Liabilities:
</TD><TD
style="line-height:8pt;padding-bottom:1.88pt;padding-right:9pt;padding-top:2.88pt;text-align:right;vertical-align:bottom;width:15.67%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.88pt;padding-right:9pt;padding-top:2.88pt;text-align:right;vertical-align:bottom;width:15.67%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.88pt;padding-right:9pt;padding-top:2.88pt;text-align:right;vertical-align:bottom;width:15.67%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.88pt;padding-top:2.88pt;text-align:right;vertical-align:bottom;width:15.67%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-left:8pt;padding-right:9pt;padding-top:1.88pt;text-align:left;text-decoration:none;text-transform:none;
vertical-align:bottom;width:39.09%;">Other Financial Instruments:
</TD><TD
style="line-height:0pt;padding-right:9pt;padding-top:1.88pt;text-align:right;vertical-align:bottom;width:15.67%;">&#160;
</TD><TD
style="line-height:0pt;padding-right:9pt;padding-top:1.88pt;text-align:right;vertical-align:bottom;width:15.67%;">&#160;
</TD><TD
style="line-height:0pt;padding-right:9pt;padding-top:1.88pt;text-align:right;vertical-align:bottom;width:15.67%;">&#160;
</TD><TD
style="line-height:0pt;padding-top:1.88pt;text-align:right;vertical-align:bottom;width:15.67%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:14pt;padding-right:9pt;padding-top:1.88pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:39.09%;"><DIV
style="float:left;">Reverse Repurchase Agreements</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-top:0.5pt;" noshade="noshade">
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:0pt;padding-right:9pt;padding-top:1.88pt;
text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:15.67%;">$<FONT
style="padding-left:48.55pt;">&#8212;</FONT>
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:0pt;padding-right:9pt;padding-top:1.88pt;
text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:15.67%;">$<FONT
style="padding-left:20.98pt;">9,188,221</FONT>
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:0pt;padding-right:9pt;padding-top:1.88pt;
text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:15.67%;">$<FONT
style="padding-left:48.55pt;">&#8212;</FONT>
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:0pt;padding-top:1.88pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:15.67%;">$<FONT
style="padding-left:20.98pt;">9,188,221</FONT>
</TD></TR></TABLE>
</DIV>
<DIV
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;text-align:right;text-decoration:none;text-transform:none;">&nbsp;</DIV>
<DIV
style="text-align:left;">
<TABLE
style="border-collapse:collapse;empty-cells:show;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-left:0pt;padding-top:3pt;text-align:left;text-decoration:none;text-transform:none;
vertical-align:top;width:100%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">a</SUP>For detailed categories, see the accompanying Statement of Investments.
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-left:0pt;padding-top:1.25pt;text-align:left;text-decoration:none;text-transform:none;
vertical-align:top;width:100%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">b</SUP>Includes common and convertible preferred stocks as well as other equity interests.
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-left:0pt;padding-top:1.25pt;text-align:left;text-decoration:none;text-transform:none;
vertical-align:top;width:100%;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">c</SUP>Includes securities determined to have no value at September 30, 2019.
</TD></TR></TABLE>
</DIV>
<DIV
style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;margin-top:9pt;text-align:left;text-decoration:none;text-transform:none;">A reconciliation of assets in which
Level 3 inputs are used in determining fair value is presented when there are significant Level 3 financial instruments at the beginning and/or end of the period. The reconciliation of assets for the nine months ended
September 30, 2019, is as follows:</DIV>
<DIV
style="text-align:left;">
<TABLE
style="border-collapse:collapse;empty-cells:show;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:1pt solid #999999;line-height:8pt;padding-bottom:3pt;padding-top:3pt;text-align:left;vertical-align:bottom;width:24.16%;">&#160;
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:3pt;padding-left:0pt;padding-right:3pt;padding-top:3pt;
text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:8.53%;">Balance at<BR>
Beginning of<BR>
Period
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:3pt;padding-left:3pt;padding-right:3pt;padding-top:3pt;
text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.74%;">Purchases
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:3pt;padding-left:3pt;padding-right:3pt;padding-top:3pt;
text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:4.59%;">Sales
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:3pt;padding-left:3pt;padding-right:3pt;padding-top:3pt;
text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:6.25%;">Transfer<BR>
Into<BR>
Level 3<SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">a</SUP>
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:3pt;padding-left:3pt;padding-right:3pt;padding-top:3pt;
text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:6.25%;">Transfer<BR>
Out of<BR>
Level 3
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:3pt;padding-left:3pt;padding-right:3pt;padding-top:3pt;
text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.06%;">Cost Basis<BR>
Adjustments
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:3pt;padding-left:3pt;padding-right:3pt;padding-top:3pt;
text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:6.43%;">Net<BR>
Realized<BR>
Gain<BR>
(Loss)
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:3pt;padding-left:3pt;padding-right:3pt;padding-top:3pt;
text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.94%;">Net<BR>
Unrealized<BR>
Appreciation<BR>
(Depreciation)
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:3pt;padding-left:3pt;padding-right:3pt;padding-top:3pt;
text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:7.70%;">Balance<BR>
at End<BR>
of Period
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:3pt;padding-left:3pt;padding-top:3pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:9.94%;">Net Change in<BR>
Unrealized<BR>
Appreciation<BR>
(Depreciation)<BR>
on Assets<BR>
Held at<BR>
Period End
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.88pt;padding-left:0pt;padding-top:2.88pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:24.16%;">Assets:
</TD><TD
style="line-height:8pt;padding-bottom:1.88pt;padding-right:3pt;padding-top:2.88pt;text-align:right;vertical-align:bottom;width:8.53%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.88pt;padding-right:3pt;padding-top:2.88pt;text-align:right;vertical-align:bottom;width:7.74%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.88pt;padding-right:3pt;padding-top:2.88pt;text-align:right;vertical-align:bottom;width:4.59%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.88pt;padding-right:3pt;padding-top:2.88pt;text-align:right;vertical-align:bottom;width:6.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.88pt;padding-right:3pt;padding-top:2.88pt;text-align:right;vertical-align:bottom;width:6.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.88pt;padding-right:3pt;padding-top:2.88pt;text-align:right;vertical-align:bottom;width:9.06%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.88pt;padding-right:3pt;padding-top:2.88pt;text-align:right;vertical-align:bottom;width:6.43%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.88pt;padding-right:3pt;padding-top:2.88pt;text-align:right;vertical-align:bottom;width:9.94%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.88pt;padding-right:3pt;padding-top:2.88pt;text-align:right;vertical-align:bottom;width:7.70%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.88pt;padding-top:2.88pt;text-align:right;vertical-align:bottom;width:9.94%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.88pt;padding-left:4pt;padding-top:1.88pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:24.16%;">Investments in Securities:
</TD><TD
style="line-height:0pt;padding-bottom:1.88pt;padding-right:3pt;padding-top:1.88pt;text-align:right;vertical-align:bottom;width:8.53%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.88pt;padding-right:3pt;padding-top:1.88pt;text-align:right;vertical-align:bottom;width:7.74%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.88pt;padding-right:3pt;padding-top:1.88pt;text-align:right;vertical-align:bottom;width:4.59%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.88pt;padding-right:3pt;padding-top:1.88pt;text-align:right;vertical-align:bottom;width:6.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.88pt;padding-right:3pt;padding-top:1.88pt;text-align:right;vertical-align:bottom;width:6.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.88pt;padding-right:3pt;padding-top:1.88pt;text-align:right;vertical-align:bottom;width:9.06%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.88pt;padding-right:3pt;padding-top:1.88pt;text-align:right;vertical-align:bottom;width:6.43%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.88pt;padding-right:3pt;padding-top:1.88pt;text-align:right;vertical-align:bottom;width:9.94%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.88pt;padding-right:3pt;padding-top:1.88pt;text-align:right;vertical-align:bottom;width:7.70%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.88pt;padding-top:1.88pt;text-align:right;vertical-align:bottom;width:9.94%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.88pt;padding-left:12pt;padding-top:1.88pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:24.16%;">Equity Investments:<SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">b</SUP>
</TD><TD
style="line-height:0pt;padding-bottom:1.88pt;padding-right:3pt;padding-top:1.88pt;text-align:right;vertical-align:bottom;width:8.53%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.88pt;padding-right:3pt;padding-top:1.88pt;text-align:right;vertical-align:bottom;width:7.74%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.88pt;padding-right:3pt;padding-top:1.88pt;text-align:right;vertical-align:bottom;width:4.59%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.88pt;padding-right:3pt;padding-top:1.88pt;text-align:right;vertical-align:bottom;width:6.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.88pt;padding-right:3pt;padding-top:1.88pt;text-align:right;vertical-align:bottom;width:6.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.88pt;padding-right:3pt;padding-top:1.88pt;text-align:right;vertical-align:bottom;width:9.06%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.88pt;padding-right:3pt;padding-top:1.88pt;text-align:right;vertical-align:bottom;width:6.43%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.88pt;padding-right:3pt;padding-top:1.88pt;text-align:right;vertical-align:bottom;width:9.94%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.88pt;padding-right:3pt;padding-top:1.88pt;text-align:right;vertical-align:bottom;width:7.70%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.88pt;padding-top:1.88pt;text-align:right;vertical-align:bottom;width:9.94%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.88pt;padding-left:20pt;padding-top:1.88pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:24.16%;"><DIV
style="float:left;">Commercial &amp; Professional Services</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.88pt;padding-left:0pt;padding-right:3pt;padding-top:1.88pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:8.53%;">$<FONT
style="padding-left:5.47pt;"></FONT>415,172<SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">c</SUP>
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.88pt;padding-left:3pt;padding-right:3pt;padding-top:1.88pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:7.74%;">$<FONT
style="padding-left:22.63pt;"></FONT>&#8212;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.88pt;padding-left:3pt;padding-right:3pt;padding-top:1.88pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:4.59%;">$&#8212;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.88pt;padding-left:3pt;padding-right:3pt;padding-top:1.88pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:6.25%;">$<FONT
style="padding-left:9.86pt;"></FONT>&#8212;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.88pt;padding-left:3pt;padding-right:3pt;padding-top:1.88pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:6.25%;">$&#8212;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.88pt;padding-left:3pt;padding-right:3pt;padding-top:1.88pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:9.06%;">$&#8212;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.88pt;padding-left:3pt;padding-right:3pt;padding-top:1.88pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:6.43%;">$&#8212;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.88pt;padding-left:3pt;padding-right:3pt;padding-top:1.88pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:9.94%;">$ (346,387)
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.88pt;padding-left:3pt;padding-right:3pt;padding-top:1.88pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:7.70%;">$<FONT
style="padding-left:9.12pt;"></FONT>68,785
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.88pt;padding-left:3pt;padding-top:1.88pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:9.94%;">$ (346,387)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.88pt;padding-left:20pt;padding-top:1.88pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:24.16%;"><DIV
style="float:left;">Energy</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;font-size:8pt;font-size:8pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:11pt;
line-height:11pt;padding-bottom:1.88pt;padding-left:9.12pt;padding-right:3pt;padding-top:1.88pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;
white-space:nowrap;width:8.53%;">385,059
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;font-size:8pt;font-size:8pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:11pt;
line-height:11pt;padding-bottom:1.88pt;padding-left:29.28pt;padding-right:3pt;padding-top:1.88pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;
white-space:nowrap;width:7.74%;">&#8212;
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;font-size:8pt;font-size:8pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:11pt;
line-height:11pt;padding-bottom:1.88pt;padding-left:6.65pt;padding-right:3pt;padding-top:1.88pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;
white-space:nowrap;width:4.59%;">&#8212;
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;font-size:8pt;font-size:8pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:11pt;
line-height:11pt;padding-bottom:1.88pt;padding-left:16.51pt;padding-right:3pt;padding-top:1.88pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;
white-space:nowrap;width:6.25%;">&#8212;
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;font-size:8pt;font-size:8pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:11pt;
line-height:11pt;padding-bottom:1.88pt;padding-left:6.65pt;padding-right:3pt;padding-top:1.88pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;
white-space:nowrap;width:6.25%;">&#8212;
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;font-size:8pt;font-size:8pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:11pt;
line-height:11pt;padding-bottom:1.88pt;padding-left:6.65pt;padding-right:3pt;padding-top:1.88pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;
white-space:nowrap;width:9.06%;">&#8212;
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;font-size:8pt;font-size:8pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:11pt;
line-height:11pt;padding-bottom:1.88pt;padding-left:6.65pt;padding-right:3pt;padding-top:1.88pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;
white-space:nowrap;width:6.43%;">&#8212;
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;font-size:8pt;font-size:8pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:11pt;
line-height:11pt;padding-bottom:1.88pt;padding-left:10.30pt;padding-right:3pt;padding-top:1.88pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;
white-space:nowrap;width:9.94%;">(54,509)
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;font-size:8pt;font-size:8pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:11pt;
line-height:11pt;padding-bottom:1.88pt;padding-left:12.12pt;padding-right:3pt;padding-top:1.88pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;
white-space:nowrap;width:7.70%;">330,550<SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">c</SUP>
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;font-size:8pt;font-size:8pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:11pt;
line-height:11pt;padding-bottom:1.88pt;padding-left:10.30pt;padding-top:1.88pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;
width:9.94%;">(54,509)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.88pt;padding-left:20pt;padding-top:1.88pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:24.16%;"><DIV
style="float:left;">Marketplace Loans</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;font-size:8pt;font-size:8pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:11pt;
line-height:11pt;padding-bottom:1.88pt;padding-left:3.65pt;padding-right:3pt;padding-top:1.88pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;
white-space:nowrap;width:8.53%;">3,609,189
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;font-size:8pt;font-size:8pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:11pt;
line-height:11pt;padding-bottom:1.88pt;padding-left:6.65pt;padding-right:3pt;padding-top:1.88pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;
white-space:nowrap;width:7.74%;">5,688,746
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;font-size:8pt;font-size:8pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:11pt;
line-height:11pt;padding-bottom:1.88pt;padding-left:6.65pt;padding-right:3pt;padding-top:1.88pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;
white-space:nowrap;width:4.59%;">&#8212;
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;font-size:8pt;font-size:8pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:11pt;
line-height:11pt;padding-bottom:1.88pt;padding-left:16.51pt;padding-right:3pt;padding-top:1.88pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;
white-space:nowrap;width:6.25%;">&#8212;
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;font-size:8pt;font-size:8pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:11pt;
line-height:11pt;padding-bottom:1.88pt;padding-left:6.65pt;padding-right:3pt;padding-top:1.88pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;
white-space:nowrap;width:6.25%;">&#8212;
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;font-size:8pt;font-size:8pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:11pt;
line-height:11pt;padding-bottom:1.88pt;padding-left:6.65pt;padding-right:3pt;padding-top:1.88pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;
white-space:nowrap;width:9.06%;">&#8212;
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;font-size:8pt;font-size:8pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:11pt;
line-height:11pt;padding-bottom:1.88pt;padding-left:6.65pt;padding-right:3pt;padding-top:1.88pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;
white-space:nowrap;width:6.43%;">&#8212;
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;font-size:8pt;font-size:8pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:11pt;
line-height:11pt;padding-bottom:1.88pt;padding-left:6.65pt;padding-right:3pt;padding-top:1.88pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;
white-space:nowrap;width:9.94%;">(462,050)
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;font-size:8pt;font-size:8pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:11pt;
line-height:11pt;padding-bottom:1.88pt;padding-left:6.65pt;padding-right:3pt;padding-top:1.88pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;
white-space:nowrap;width:7.70%;">8,835,885
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;font-size:8pt;font-size:8pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:11pt;
line-height:11pt;padding-bottom:1.88pt;padding-left:6.65pt;padding-top:1.88pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;
width:9.94%;">(462,050)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.88pt;padding-left:16pt;padding-top:1.88pt;text-align:left;text-decoration:none;
text-indent:-4pt;text-transform:none;vertical-align:bottom;width:24.16%;">Asset-Backed Securities and Commercial Mortgage-Backed Securities:
</TD><TD
style="line-height:0pt;padding-bottom:1.88pt;padding-right:3pt;padding-top:1.88pt;text-align:right;vertical-align:bottom;width:8.53%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.88pt;padding-right:3pt;padding-top:1.88pt;text-align:right;vertical-align:bottom;width:7.74%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.88pt;padding-right:3pt;padding-top:1.88pt;text-align:right;vertical-align:bottom;width:4.59%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.88pt;padding-right:3pt;padding-top:1.88pt;text-align:right;vertical-align:bottom;width:6.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.88pt;padding-right:3pt;padding-top:1.88pt;text-align:right;vertical-align:bottom;width:6.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.88pt;padding-right:3pt;padding-top:1.88pt;text-align:right;vertical-align:bottom;width:9.06%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.88pt;padding-right:3pt;padding-top:1.88pt;text-align:right;vertical-align:bottom;width:6.43%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.88pt;padding-right:3pt;padding-top:1.88pt;text-align:right;vertical-align:bottom;width:9.94%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.88pt;padding-right:3pt;padding-top:1.88pt;text-align:right;vertical-align:bottom;width:7.70%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1.88pt;padding-top:1.88pt;text-align:right;vertical-align:bottom;width:9.94%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.88pt;padding-left:20pt;padding-top:1.88pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:24.16%;"><DIV
style="float:left;">Banks</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;font-size:8pt;font-size:8pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:11pt;
line-height:11pt;padding-bottom:1.88pt;padding-left:26.28pt;padding-right:3pt;padding-top:1.88pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;
white-space:nowrap;width:8.53%;">&#8212;
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;font-size:8pt;font-size:8pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:11pt;
line-height:11pt;padding-bottom:1.88pt;padding-left:29.28pt;padding-right:3pt;padding-top:1.88pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;
white-space:nowrap;width:7.74%;">&#8212;
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;font-size:8pt;font-size:8pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:11pt;
line-height:11pt;padding-bottom:1.88pt;padding-left:6.65pt;padding-right:3pt;padding-top:1.88pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;
white-space:nowrap;width:4.59%;">&#8212;
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;font-size:8pt;font-size:8pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:11pt;
line-height:11pt;padding-bottom:1.88pt;padding-left:6.65pt;padding-right:3pt;padding-top:1.88pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;
white-space:nowrap;width:6.25%;">9,080
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;font-size:8pt;font-size:8pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:11pt;
line-height:11pt;padding-bottom:1.88pt;padding-left:6.65pt;padding-right:3pt;padding-top:1.88pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;
white-space:nowrap;width:6.25%;">&#8212;
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;font-size:8pt;font-size:8pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:11pt;
line-height:11pt;padding-bottom:1.88pt;padding-left:6.65pt;padding-right:3pt;padding-top:1.88pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;
white-space:nowrap;width:9.06%;">&#8212;
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;font-size:8pt;font-size:8pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:11pt;
line-height:11pt;padding-bottom:1.88pt;padding-left:6.65pt;padding-right:3pt;padding-top:1.88pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;
white-space:nowrap;width:6.43%;">&#8212;
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;font-size:8pt;font-size:8pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:11pt;
line-height:11pt;padding-bottom:1.88pt;padding-left:25.98pt;padding-right:3pt;padding-top:1.88pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;
white-space:nowrap;width:9.94%;">&#8212;
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;font-size:8pt;font-size:8pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:11pt;
line-height:11pt;padding-bottom:1.88pt;padding-left:19.41pt;padding-right:3pt;padding-top:1.88pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;
white-space:nowrap;width:7.70%;">9,080
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;font-size:8pt;font-size:8pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:11pt;
line-height:11pt;padding-bottom:1.88pt;padding-left:25.98pt;padding-top:1.88pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;
width:9.94%;">&#8212;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:12pt;padding-top:1.88pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:24.16%;"><DIV
style="float:left;">Escrows and Litigation Trusts</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;font-size:8pt;font-size:8pt;font-style:Normal;font-style:Normal;font-weight:Normal;
font-weight:Normal;line-height:11pt;line-height:11pt;padding-bottom:3pt;padding-left:26.28pt;padding-right:3pt;padding-top:1.88pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:8.53%;">&#8212;<SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">c</SUP>
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;font-size:8pt;font-size:8pt;font-style:Normal;font-style:Normal;font-weight:Normal;
font-weight:Normal;line-height:11pt;line-height:11pt;padding-bottom:3pt;padding-left:29.28pt;padding-right:3pt;padding-top:1.88pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.74%;">&#8212;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;font-size:8pt;font-size:8pt;font-style:Normal;font-style:Normal;font-weight:Normal;
font-weight:Normal;line-height:11pt;line-height:11pt;padding-bottom:3pt;padding-left:6.65pt;padding-right:3pt;padding-top:1.88pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:4.59%;">&#8212;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;font-size:8pt;font-size:8pt;font-style:Normal;font-style:Normal;font-weight:Normal;
font-weight:Normal;line-height:11pt;line-height:11pt;padding-bottom:3pt;padding-left:16.51pt;padding-right:3pt;padding-top:1.88pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:6.25%;">&#8212;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;font-size:8pt;font-size:8pt;font-style:Normal;font-style:Normal;font-weight:Normal;
font-weight:Normal;line-height:11pt;line-height:11pt;padding-bottom:3pt;padding-left:6.65pt;padding-right:3pt;padding-top:1.88pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:6.25%;">&#8212;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;font-size:8pt;font-size:8pt;font-style:Normal;font-style:Normal;font-weight:Normal;
font-weight:Normal;line-height:11pt;line-height:11pt;padding-bottom:3pt;padding-left:6.65pt;padding-right:3pt;padding-top:1.88pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:9.06%;">&#8212;<SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">c</SUP>
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;font-size:8pt;font-size:8pt;font-style:Normal;font-style:Normal;font-weight:Normal;
font-weight:Normal;line-height:11pt;line-height:11pt;padding-bottom:3pt;padding-left:6.65pt;padding-right:3pt;padding-top:1.88pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:6.43%;">&#8212;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;font-size:8pt;font-size:8pt;font-style:Normal;font-style:Normal;font-weight:Normal;
font-weight:Normal;line-height:11pt;line-height:11pt;padding-bottom:3pt;padding-left:25.98pt;padding-right:3pt;padding-top:1.88pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:9.94%;">&#8212;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;font-size:8pt;font-size:8pt;font-style:Normal;font-style:Normal;font-weight:Normal;
font-weight:Normal;line-height:11pt;line-height:11pt;padding-bottom:3pt;padding-left:29.28pt;padding-right:3pt;padding-top:1.88pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.70%;">&#8212;<SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">c</SUP>
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;font-size:8pt;font-size:8pt;font-style:Normal;font-style:Normal;font-weight:Normal;
font-weight:Normal;line-height:11pt;line-height:11pt;padding-bottom:3pt;padding-left:25.98pt;padding-top:1.88pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;
vertical-align:bottom;white-space:nowrap;width:9.94%;">&#8212;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:0pt;padding-top:2.75pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:24.16%;"><DIV
style="float:left;">Total Investments in Securities</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:0pt;padding-right:3pt;
padding-top:2.75pt;text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:8.53%;">$4,409,420
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:3pt;padding-right:3pt;
padding-top:2.75pt;text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:7.74%;">$ 5,688,746
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:3pt;padding-right:3pt;
padding-top:2.75pt;text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:4.59%;">$&#8212;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:3pt;padding-right:3pt;
padding-top:2.75pt;text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:6.25%;">$9,080
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:3pt;padding-right:3pt;
padding-top:2.75pt;text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:6.25%;">$&#8212;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:3pt;padding-right:3pt;
padding-top:2.75pt;text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.06%;">$&#8212;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:3pt;padding-right:3pt;
padding-top:2.75pt;text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:6.43%;">$&#8212;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:3pt;padding-right:3pt;
padding-top:2.75pt;text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.94%;">$(862,946)
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:3pt;padding-right:3pt;
padding-top:2.75pt;text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:7.70%;">$ 9,244,300
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:3pt;padding-top:2.75pt;
text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.94%;">$(862,946)
</TD></TR></TABLE>
</DIV>
<DIV
style="color:#000000;font-family:Arial Narrow;font-size:7.5pt;font-style:Normal;font-weight:Normal;line-height:10.5pt;margin-top:6pt;text-align:left;text-decoration:none;text-transform:none;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">a</SUP><FONT
style="font-size:8pt;line-height:11pt;">The investment was transferred into Level 3 as a result of the unavailability of other significant observable valuation inputs.</FONT></DIV>
<DIV
style="color:#000000;font-family:Arial Narrow;font-size:7.5pt;font-style:Normal;font-weight:Normal;line-height:10.5pt;margin-top:1pt;text-align:left;text-decoration:none;text-transform:none;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">b</SUP><FONT
style="font-size:8pt;line-height:11pt;">Includes common and preferred stocks as well as other equity interests.</FONT></DIV>
<DIV
style="color:#000000;font-family:Arial Narrow;font-size:7.5pt;font-style:Normal;font-weight:Normal;line-height:10.5pt;margin-top:1pt;text-align:left;text-decoration:none;text-transform:none;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">c</SUP><FONT
style="font-size:8pt;line-height:11pt;">Includes securities determined to have no value.</FONT></DIV>
<DIV
style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;margin-top:9pt;text-align:left;text-decoration:none;text-transform:none;">Significant unobservable valuation
inputs for material Level 3 financial instruments and impact to fair value as a result of changes in unobservable valuation inputs as of September 30, 2019, are as follows:</DIV>
</DIV>
<DIV
style="margin-top:212pt;width:100%;" type="Block">
<DIV
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;text-align:right;text-decoration:none;text-transform:none;">&nbsp;&nbsp;|&nbsp;&nbsp;20</DIV>
</DIV>
</DIV>
<DIV
style="clear:both;font-size:12pt;height:0pt;">
</DIV>
<HR
style="margin-bottom:0pt;">
<!--PAGE BREAK-->
<DIV
style="width:100%;">
<DIV
style="width:100%;" type="Block">
<DIV
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;text-align:right;text-decoration:none;text-transform:uppercase;">Franklin Limited Duration Income
Trust</DIV>
<DIV
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;text-align:right;text-decoration:none;text-transform:uppercase;">Notes to Statements of Investments
(unaudited)</DIV>
</DIV>
<DIV
style="margin-top:16pt;width:100%;" type="Block">
<DIV
style="text-align:left;">
<TABLE
style="border-collapse:collapse;empty-cells:show;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:7pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:3pt;padding-left:0pt;padding-right:6pt;padding-top:6pt;
text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:36.75%;">Description
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:7pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:3pt;padding-left:6pt;padding-right:4.5pt;padding-top:6pt;
text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:11.11%;">Fair Value at<BR>
End of Period
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:7pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:3pt;padding-left:4.5pt;padding-right:9pt;padding-top:6pt;
text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:18.15%;">Valuation Technique
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:7pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:3pt;padding-left:9pt;padding-right:4.5pt;padding-top:6pt;
text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:18.15%;">Unobservable Inputs
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:7pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:3pt;padding-left:4.5pt;padding-right:1.5pt;padding-top:6pt;
text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:6.43%;">Amount
</TD><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:7pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:3pt;padding-left:1.5pt;padding-top:6pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:bottom;width:10.29%;">Impact to Fair<BR>
Value if Input<BR>
Increases<SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">a</SUP>
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:36.75%;">Assets:
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:bottom;width:11.11%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:9pt;padding-top:2pt;text-align:left;vertical-align:bottom;width:18.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:bottom;width:18.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1.5pt;padding-top:2pt;text-align:right;vertical-align:bottom;width:6.43%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:2pt;text-align:left;vertical-align:bottom;width:10.29%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1pt;padding-left:8pt;padding-right:6pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:36.75%;">Investments in Securities:
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:4.5pt;padding-top:1pt;text-align:left;vertical-align:bottom;width:11.11%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:9pt;padding-top:1pt;text-align:left;vertical-align:bottom;width:18.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:4.5pt;padding-top:1pt;text-align:left;vertical-align:bottom;width:18.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1.5pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:6.43%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:left;vertical-align:bottom;width:10.29%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1pt;padding-left:16pt;padding-right:6pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:36.75%;">Equity Investments<SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">b</SUP>:
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:4.5pt;padding-top:1pt;text-align:left;vertical-align:bottom;width:11.11%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:9pt;padding-top:1pt;text-align:left;vertical-align:bottom;width:18.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:4.5pt;padding-top:1pt;text-align:left;vertical-align:bottom;width:18.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1.5pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:6.43%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:left;vertical-align:bottom;width:10.29%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:24pt;padding-right:6pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:36.75%;"><DIV
style="float:left;">Energy</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:6pt;padding-right:4.5pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:11.11%;">$<FONT
style="padding-left:6.67pt;"></FONT>330,550
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:4.5pt;padding-right:9pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:18.15%;">Market comparables
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:13pt;padding-right:4.5pt;padding-top:1pt;
text-align:left;text-decoration:none;text-indent:-4pt;text-transform:none;vertical-align:bottom;width:18.15%;">Discount for lack of marketability
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:4.5pt;padding-right:1.5pt;padding-top:1pt;
text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:6.43%;">22%
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:1.5pt;padding-top:1pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.29%;">Decrease<SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">c</SUP>
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:0.5pt solid #999999;line-height:0pt;padding-bottom:3pt;padding-right:6pt;padding-top:1.88pt;text-align:left;vertical-align:bottom;width:36.75%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;line-height:0pt;padding-bottom:3pt;padding-right:4.5pt;padding-top:1.88pt;text-align:left;vertical-align:bottom;width:11.11%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;line-height:0pt;padding-bottom:3pt;padding-right:9pt;padding-top:1.88pt;text-align:left;vertical-align:bottom;width:18.15%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:9pt;padding-right:4.5pt;padding-top:1.88pt;
text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:18.15%;">EV / revenue multiple
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:4.5pt;padding-right:1.5pt;padding-top:1.88pt;
text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:6.43%;">3.6x
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:1.5pt;padding-top:1.88pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.29%;">Increase<SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">c</SUP>
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:24pt;padding-right:6pt;padding-top:1.88pt;
text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:36.75%;"><DIV
style="float:left;">All Other Investments<SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d</SUP></DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:3.20pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:10.45pt;padding-right:4.5pt;
padding-top:1.88pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:11.11%;">8,913,750<SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP>
</TD><TD
style="border-bottom:0.5pt solid #999999;line-height:0pt;padding-bottom:3pt;padding-right:9pt;padding-top:1.88pt;text-align:left;vertical-align:bottom;width:18.15%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;line-height:0pt;padding-bottom:3pt;padding-right:4.5pt;padding-top:1.88pt;text-align:left;vertical-align:bottom;width:18.15%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;line-height:0pt;padding-bottom:3pt;padding-right:1.5pt;padding-top:1.88pt;text-align:right;vertical-align:bottom;width:6.43%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #999999;line-height:0pt;padding-bottom:3pt;padding-top:1.88pt;text-align:left;vertical-align:bottom;width:10.29%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:24pt;padding-right:6pt;padding-top:1.88pt;
text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:36.75%;"><DIV
style="float:left;">Total</DIV><HR
style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-4pt;margin-top:4pt;padding-top:2pt;vertical-align:auto;"
noshade="noshade">
</TD><TD
style="border-bottom:0.5pt solid #999999;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:3pt;padding-left:6pt;padding-right:4.5pt;padding-top:1.88pt;
text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:11.11%;">$9,244,300
</TD><TD
style="line-height:0pt;padding-bottom:3pt;padding-right:9pt;padding-top:1.88pt;text-align:left;vertical-align:bottom;width:18.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:3pt;padding-right:4.5pt;padding-top:1.88pt;text-align:left;vertical-align:bottom;width:18.15%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:3pt;padding-right:1.5pt;padding-top:1.88pt;text-align:right;vertical-align:bottom;width:6.43%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:3pt;padding-top:1.88pt;text-align:left;vertical-align:bottom;width:10.29%;">&#160;
</TD></TR></TABLE>
</DIV>
<DIV
style="color:#000000;font-family:Arial Narrow;font-size:7.5pt;font-style:Normal;font-weight:Normal;line-height:10.5pt;margin-top:1pt;text-align:left;text-decoration:none;text-transform:none;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">a</SUP><FONT
style="font-size:8pt;line-height:11pt;">Represents the directional change in the fair value of the Level 3 financial instruments that would result from a significant and reasonable increase in the corresponding input.
A significant and reasonable decrease in the input would have the opposite effect. Significant impacts, if any, to fair value and/or net assets have been indicated.</FONT></DIV>
<DIV
style="color:#000000;font-family:Arial Narrow;font-size:7.5pt;font-style:Normal;font-weight:Normal;line-height:10.5pt;margin-top:1pt;text-align:left;text-decoration:none;text-transform:none;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">b</SUP><FONT
style="font-size:8pt;line-height:11pt;">Includes convertible preferrred stocks.</FONT></DIV>
<DIV
style="color:#000000;font-family:Arial Narrow;font-size:7.5pt;font-style:Normal;font-weight:Normal;line-height:10.5pt;margin-top:1pt;text-align:left;text-decoration:none;text-transform:none;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">c</SUP><FONT
style="font-size:8pt;line-height:11pt;">Represents a significant impact to fair value but not net assets.</FONT></DIV>
<DIV
style="color:#000000;font-family:Arial Narrow;font-size:7.5pt;font-style:Normal;font-weight:Normal;line-height:10.5pt;margin-top:1pt;text-align:left;text-decoration:none;text-transform:none;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">d</SUP><FONT
style="font-size:8pt;line-height:11pt;">Includes financial instruments with values derived using private transaction prices or non-public third party pricing information which is unobservable. May also include fair
value of immaterial financial instruments and developed using various valuation techniques and unobservable inputs.</FONT></DIV>
<DIV
style="color:#000000;font-family:Arial Narrow;font-size:7.5pt;font-style:Normal;font-weight:Normal;line-height:10.5pt;text-align:left;text-decoration:none;text-transform:none;"><SUP
style="font-size:85%;font-style:Normal;text-transform:none;vertical-align:text-top;">e</SUP><FONT
style="font-size:8pt;line-height:11pt;">Includes securities determined to have no value at September 30, 2019.<BR>
</FONT></DIV>
<DIV
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;text-align:left;text-decoration:none;text-transform:none;">&nbsp;&nbsp;<BR>
</DIV>
<DIV
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;margin-top:10pt;text-align:left;text-decoration:none;text-transform:none;">Abbreviations List<BR>
</DIV>
<DIV
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;text-align:left;text-decoration:none;text-transform:none;">&nbsp;&nbsp;<BR>
</DIV>
<DIV
style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;margin-top:10pt;text-align:left;text-decoration:none;text-transform:none;">EV <FONT
style="font-weight:Normal;">Enterprise value</FONT></DIV>
<DIV
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;margin-top:18pt;text-align:left;text-decoration:none;text-transform:none;">8.&nbsp;&nbsp;SUBSEQUENT EVENTS</DIV>
<DIV
style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;margin-top:9pt;text-align:left;text-decoration:none;text-transform:none;">The Fund has evaluated subsequent
events through the issuance of the Statement of Investments and determined that no events have occurred that require disclosure.&nbsp;</DIV>
<DIV
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;margin-top:15pt;text-align:left;text-decoration:none;text-transform:none;">Abbreviations&nbsp;&nbsp;&nbsp;&nbsp;</DIV>
<DIV
style="float:left;overflow:hidden;position:relative;text-align:left;width:12.99%;">
<TABLE
style="border-collapse:collapse;empty-cells:show;margin-top:0pt;width:98%;" cellpadding="0" cellspacing="0">
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:3pt;padding-left:0pt;padding-right:18pt;padding-top:6pt;
text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:93.13%;" colspan="2">Counterparty
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:6pt;padding-left:0pt;padding-right:4.5pt;padding-top:2.75pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:top;white-space:nowrap;width:33.26%;">UBS
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:6pt;padding-left:4.5pt;padding-right:18pt;padding-top:2.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:59.87%;">UBS AG
</TD></TR></TABLE>
</DIV>
<DIV
style="float:right;overflow:hidden;position:relative;text-align:left;width:39.84%;">
<TABLE
style="border-collapse:collapse;empty-cells:show;margin-top:0pt;width:98%;" cellpadding="0" cellspacing="0">
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:1pt solid #999999;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:3pt;padding-left:0pt;padding-right:18pt;padding-top:6pt;
text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:97.76%;" colspan="2">Selected Portfolio
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-left:0pt;padding-right:4.5pt;padding-top:2.75pt;text-align:left;text-decoration:none;text-transform:none;
vertical-align:top;white-space:nowrap;width:16.17%;">FHLMC
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-left:4.5pt;padding-right:18pt;padding-top:2.75pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:top;width:81.58%;">Federal Home Loan Mortgage Corp.
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-left:0pt;padding-right:4.5pt;padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;
vertical-align:top;white-space:nowrap;width:16.17%;">FNMA
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-left:4.5pt;padding-right:18pt;padding-top:1.75pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:top;width:81.58%;">Federal National Mortgage Association
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-left:0pt;padding-right:4.5pt;padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;
vertical-align:top;white-space:nowrap;width:16.17%;">FRN
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-left:4.5pt;padding-right:18pt;padding-top:1.75pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:top;width:81.58%;">Floating Rate Note
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-left:0pt;padding-right:4.5pt;padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;
vertical-align:top;white-space:nowrap;width:16.17%;">GNMA
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-left:4.5pt;padding-right:18pt;padding-top:1.75pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:top;width:81.58%;">Government National Mortgage Association
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-left:0pt;padding-right:4.5pt;padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;
vertical-align:top;white-space:nowrap;width:16.17%;">LIBOR
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-left:4.5pt;padding-right:18pt;padding-top:1.75pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:top;width:81.58%;">London InterBank Offered Rate
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-left:0pt;padding-right:4.5pt;padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;
vertical-align:top;white-space:nowrap;width:16.17%;">MBS
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-left:4.5pt;padding-right:18pt;padding-top:1.75pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:top;width:81.58%;">Mortgage-Backed Security
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-left:0pt;padding-right:4.5pt;padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;
vertical-align:top;white-space:nowrap;width:16.17%;">PIK
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-left:4.5pt;padding-right:18pt;padding-top:1.75pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:top;white-space:nowrap;width:81.58%;">Payment-In-Kind
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-left:0pt;padding-right:4.5pt;padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;
vertical-align:top;white-space:nowrap;width:16.17%;">SF
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-left:4.5pt;padding-right:18pt;padding-top:1.75pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:top;width:81.58%;">Single Family
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:6pt;padding-left:0pt;padding-right:4.5pt;padding-top:1.75pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:top;white-space:nowrap;width:16.17%;">USD
</TD><TD
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:6pt;padding-left:4.5pt;padding-right:18pt;padding-top:1.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:top;width:81.58%;">United States Dollar
</TD></TR></TABLE>
</DIV>
<DIV
style="clear:both;font-size:12pt;height:0pt;"></DIV>
<DIV
style="clear:both;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;text-align:left;text-decoration:none;text-transform:none;">&nbsp;&nbsp;</DIV>
<DIV
style="clear:both;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;margin-top:89pt;text-align:left;text-decoration:none;text-transform:none;">For additional
information on the Fund&#8217;s significant accounting policies, please refer to the Fund&#8217;s most recent semiannual or annual shareholder report.</DIV>
</DIV>
<DIV
style="margin-top:21pt;width:100%;" type="Block">
<DIV
style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;text-align:right;text-decoration:none;text-transform:none;">&nbsp;&nbsp;|&nbsp;&nbsp;21</DIV>
</DIV>
</DIV>
<DIV
style="clear:both;font-size:12pt;height:0pt;">
</DIV>
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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
