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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>BAE Systems plc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Oracle Corp.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Molson Coors Beverage Co.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>General Motors Co.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Gildan Activewear, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>JPMorgan Chase &amp; Co.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Dollar Tree, Inc.</name>
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        <name>Flex Ltd.</name>
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      <invstOrSec>
        <name>Dow, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Pioneer Natural Resources Co.</name>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Capital One Financial Corp.</name>
        <lei>ZUE8T73ROZOF6FLBAR73</lei>
        <title>Capital One Financial Corp.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Hartford Financial Services Group, Inc. (The)</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Suncor Energy, Inc.</name>
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        <title>Suncor Energy, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Lowe's Cos., Inc.</name>
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        <name>SOCIETE GENERALE NY BRANCH</name>
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        <name>Conagra Brands, Inc.</name>
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        <name>Unilever NV</name>
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        <name>Entergy Corp.</name>
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        <title>Entergy Corp.</title>
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        <name>CVS Health Corp.</name>
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        <name>NXP Semiconductors NV</name>
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        <name>British American Tobacco plc</name>
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        <title>British American Tobacco plc</title>
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        <name>Freeport-McMoRan, Inc.</name>
        <lei>549300IRDTHJQ1PVET45</lei>
        <title>Freeport-McMoRan, Inc.</title>
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        <invCountry>US</invCountry>
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        <name>Siemens AG</name>
        <lei>W38RGI023J3WT1HWRP32</lei>
        <title>Siemens AG</title>
        <cusip>826197501</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>DE</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Telephone &amp; Data Systems, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>E*TRADE Financial Corp.</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Medtronic plc</name>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>AES Corp.</name>
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        <title>AES Corp.</title>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Marathon Petroleum Corp.</name>
        <lei>3BNYRYQHD39K4LCKQF12</lei>
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          <isin value="US56585A1025"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MetLife, Inc.</name>
        <lei>C4BXATY60WC6XEOZDX54</lei>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Mylan NV</name>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Interpublic Group of Cos., Inc. (The)</name>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Pfizer, Inc.</name>
        <lei>765LHXWGK1KXCLTFYQ30</lei>
        <title>Pfizer, Inc.</title>
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          <isin value="US7170811035"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Edison International</name>
        <lei>549300I7ROF15MAEVP56</lei>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>DEUTSCHE BANK SECURITIES INC.</name>
        <lei>9J6MBOOO7BECTDTUZW19</lei>
        <title>Treasury Repurchase Agreement</title>
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        <invCountry>DE</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <securityLending>
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      <invstOrSec>
        <name>Cognizant Technology Solutions Corp.</name>
        <lei>5493006IEVQEFQO40L83</lei>
        <title>Cognizant Technology Solutions Corp., Class A</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Wells Fargo &amp; Co.</name>
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        <title>Wells Fargo &amp; Co.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Koninklijke Philips NV</name>
        <lei>H1FJE8H61JGM1JSGM897</lei>
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        <assetCat>EC</assetCat>
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        <invCountry>NL</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Dell Technologies, Inc.</name>
        <lei>549300TJB5YBRUPOG437</lei>
        <title>Dell Technologies, Inc., Class C</title>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>Howard Hughes Corp. (The)</name>
        <lei>549300BVHY25JZC1KI49</lei>
        <title>Howard Hughes Corp. (The)</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>JPMorgan Prime Money Market Fund, IM Shares</name>
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        <assetCat>STIV</assetCat>
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      <invstOrSec>
        <name>Citigroup, Inc.</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
        <title>Citigroup, Inc.</title>
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      <invstOrSec>
        <name>Biogen, Inc.</name>
        <lei>W8J5WZB5IY3K0NDQT671</lei>
        <title>Biogen, Inc.</title>
        <cusip>09062X103</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>BP plc</name>
        <lei>213800LH1BZH3DI6G760</lei>
        <title>BP plc</title>
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        <assetCat>EC</assetCat>
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        <invCountry>GB</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>NOMURA SECURITIES</name>
        <lei>OXTKY6Q8X53C9ILVV871</lei>
        <title>Treasury Repurchase Agreement</title>
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        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <transCat>Repurchase</transCat>
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      <invstOrSec>
        <name>Anthem, Inc.</name>
        <lei>8MYN82XMYQH89CTMTH67</lei>
        <title>Anthem, Inc.</title>
        <cusip>036752103</cusip>
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          <isin value="US0367521038"/>
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        <balance>76910.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>17461646.40000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Bristol-Myers Squibb Co.</name>
        <lei>HLYYNH7UQUORYSJQCN42</lei>
        <title>Bristol-Myers Squibb Co.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Cisco Systems, Inc.</name>
        <lei>8E6NF1YAL0WT6CWXXV93</lei>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Facebook, Inc.</name>
        <lei>BQ4BKCS1HXDV9HN80Z93</lei>
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          <isin value="US30303M1027"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Apollo Global Management, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CDK Global, Inc.</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Alphabet, Inc.</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Smith &amp; Nephew plc</name>
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        <assetCat>EC</assetCat>
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        <invCountry>GB</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Laboratory Corp. of America Holdings</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Micron Technology, Inc.</name>
        <lei>B3DXGBC8GAIYWI2Z0172</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Masco Corp.</name>
        <lei>5GCSNMQXHEYA1JO8QN11</lei>
        <title>Masco Corp.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Corteva, Inc.</name>
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        <title>Corteva, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>FirstEnergy Corp.</name>
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        <title>FirstEnergy Corp.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Quanta Services, Inc.</name>
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        <name>American International Group, Inc.</name>
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        <name>CITIGROUP GLOBAL MARKETS LTD</name>
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        <name>Hubbell, Inc.</name>
        <lei>54930088VDQ6840Y6597</lei>
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        <name>Cigna Corp.</name>
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        <title>Cigna Corp.</title>
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        <name>Williams Cos., Inc. (The)</name>
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        <name>Altria Group, Inc.</name>
        <lei>XSGZFLO9YTNO9VCQV219</lei>
        <title>Altria Group, Inc.</title>
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        <name>Sanofi</name>
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        <title>Sanofi</title>
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        <name>Newell Brands, Inc.</name>
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        <name>ConocoPhillips</name>
        <lei>WPTL2Z3FIYTHSP5V2253</lei>
        <title>ConocoPhillips</title>
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        <name>Marathon Oil Corp.</name>
        <lei>1FRVQX2CRLGC1XLP5727</lei>
        <title>Marathon Oil Corp.</title>
        <cusip>565849106</cusip>
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        <name>Willis Towers Watson plc</name>
        <lei>549300WHC56FF48KL350</lei>
        <title>Willis Towers Watson plc</title>
        <cusip>N/A</cusip>
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          <isin value="IE00BDB6Q211"/>
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        <balance>131675.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>22364998.75000000</valUSD>
        <pctVal>1.911194151280</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Lincoln National Corp.</name>
        <lei>EFQMQROEDSNBRIP7LE47</lei>
        <title>Lincoln National Corp.</title>
        <cusip>534187109</cusip>
        <identifiers>
          <isin value="US5341871094"/>
        </identifiers>
        <balance>219938.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5788768.16000000</valUSD>
        <pctVal>0.494677418683</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>Exelon Corp.</name>
        <lei>3SOUA6IRML7435B56G12</lei>
        <title>Exelon Corp.</title>
        <cusip>30161N101</cusip>
        <identifiers>
          <isin value="US30161N1019"/>
        </identifiers>
        <balance>606316.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>22318491.96000000</valUSD>
        <pctVal>1.907219927716</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>Kellogg Co.</name>
        <lei>LONOZNOJYIBXOHXWDB86</lei>
        <title>Kellogg Co.</title>
        <cusip>487836108</cusip>
        <identifiers>
          <isin value="US4878361082"/>
        </identifiers>
        <balance>457317.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>27434446.83000000</valUSD>
        <pctVal>2.344402291777</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>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2020-04-30</ncom:dateSigned>
      <ncom:nameOfApplicant>EQ Advisors Trust</ncom:nameOfApplicant>
      <ncom:signature>Brian Walsh</ncom:signature>
      <ncom:signerName>Brian Walsh</ncom:signerName>
      <ncom:title>Chief Financial Officer and Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
