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        <name>Morgan Stanley Private Bank NA</name>
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        <name>EXPORT DEVELOPMNT CANADA</name>
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        <name>International Finance Facility for Immunisation Co</name>
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        <name>Starwood Commercial Mortgage T</name>
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        <name>Arizona Industrial Development Authority</name>
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          <maturityDt>2029-10-01</maturityDt>
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        <name>VERIZON COMMUNICATIONS</name>
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        <name>NY STATE ELECTRIC &amp; GAS</name>
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        <name>Switch ABS Issuer LLC</name>
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        <name>DEERFIELD IL</name>
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        <name>KEB Hana Bank</name>
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        <name>Capital Impact Partners</name>
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        <name>INT DEVELOPMENT FIN CORP</name>
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        <name>LOW INCOME INVESTMENT</name>
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        <name>Helios Issuer, LLC</name>
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        <name>YMCA of Greater New York</name>
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      <invstOrSec>
        <name>Metropolitan Life Global Funding I</name>
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      <invstOrSec>
        <name>Jersey City Municipal Utilities Authority</name>
        <lei>N/A</lei>
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        <name>NIAGARA MOHAWK POWER</name>
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      <invstOrSec>
        <name>Mosaic Solar Loans LLC</name>
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        <name>PUBLIC SERVICE COLORADO</name>
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      <invstOrSec>
        <name>INTERSTATE POWER &amp; LIGHT</name>
        <lei>EF9UQIIO4KY2BWOK3P26</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>COUNCIL OF EUROPE</name>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>N/A</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-05-25</maturityDt>
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      <invstOrSec>
        <name>Hertz Vehicle Financing LLC</name>
        <lei>549300MNOMKDMDFI8J66</lei>
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      <invstOrSec>
        <name>Montgomery County Housing Opportunities Commission</name>
        <lei>549300HDL0LLRHMDL092</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>WINDERMERE AVIATION LLC</name>
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      <invstOrSec>
        <name>Mosaic Solar Loans LLC</name>
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        <name>Arizona Industrial Development Authority</name>
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        <name>BPCE SA</name>
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        <name>KFW</name>
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        <name>Citibank NA</name>
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        <name>New York State Energy Research &amp; Development Authority</name>
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        <name>Consumers 2023 Securitization Funding LLC</name>
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        <name>Sysco Corp</name>
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        <name>Asian Infrastructure Investment Bank/The</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Abu Dhabi Future Energy Co Pjsc Masdar</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Natixis Commercial Mortgage Se</name>
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        <name>Frontier Issuer LLC</name>
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        <name>CIF Capital Markets Mechanism PLC</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Tesla Auto Lease Trust 2024-B</name>
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        <title>Tesla Auto Lease Trust</title>
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          <isin value="US881934AD58"/>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>STWD 2021-LIH Mortgage Trust</name>
        <lei>N/A</lei>
        <title>STWD Mortgage Trust</title>
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          <isin value="US78486EAA64"/>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Inter-American Development Bank</name>
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        <name>HERO Funding Trust</name>
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        <name>CONTINENTAL WIND</name>
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        <name>ASIAN INFRASTRUCTURE INV</name>
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        <name>Tesla Sustainable Energy Trust 2024-1</name>
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        <name>Starwood Commercial Mortgage T</name>
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        <name>Morgan Stanley Private Bank NA</name>
        <lei>549300GS0W0TEUQS8571</lei>
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        <name>IFFIM</name>
        <lei>549300ILK2NRULX3HX87</lei>
        <title>International Finance Facility for Immunisation Co</title>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>AutoNation Inc</name>
        <lei>N/A</lei>
        <title>AutoNation, Inc</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>International Finance Corp</name>
        <lei>QKL54NQY28TCDAI75F60</lei>
        <title>International Finance Corp</title>
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          <isin value="US45950KDM99"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>N/A</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Citibank NA</name>
        <lei>E57ODZWZ7FF32TWEFA76</lei>
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          <isin value="US17325FBM95"/>
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        <curCd>USD</curCd>
        <valUSD>1022098.22000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-11-19</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.50694500</annualizedRt>
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      <invstOrSec>
        <name>Korea Electric Power Corp</name>
        <lei>988400QG33WS7JEIV602</lei>
        <title>Korea Electric Power Corp</title>
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          <isin value="US500631BG07"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>998870.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>KR</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-11-12</maturityDt>
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          <annualizedRt>4.44195200</annualizedRt>
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      <invstOrSec>
        <name>PRUDENTIAL FINANCIAL INC</name>
        <lei>5PRBRS5FEH7NREC8OR45</lei>
        <title>Prudential Financial, Inc</title>
        <cusip>74432QCH6</cusip>
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          <isin value="US74432QCH65"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1990640.42000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-03-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>United States Treasury Note/Bond</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Note</title>
        <cusip>91282CPR6</cusip>
        <identifiers>
          <isin value="US91282CPR69"/>
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        <balance>5148000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5123466.59000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.62500000</annualizedRt>
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      <invstOrSec>
        <name>AES CORP/THE</name>
        <lei>2NUNNB7D43COUIRE5295</lei>
        <title>AES Corp</title>
        <cusip>00130HCE3</cusip>
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          <isin value="US00130HCE36"/>
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        <balance>2200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2197450.49000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.37500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>Credit Agricole Corporate &amp; Investment Bank SA</name>
        <lei>1VUV7VQFKUOQSJ21A208</lei>
        <title>Credit Agricole Corporate &amp; Investment Bank S.A.</title>
        <cusip>22534W5E4</cusip>
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          <isin value="US22534W5E48"/>
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        <curCd>USD</curCd>
        <valUSD>997513.62000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.57000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>New York State Energy Research &amp; Development Authority</name>
        <lei>N/A</lei>
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        <cusip>64985VBP0</cusip>
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          <isin value="US64985VBP04"/>
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        <balance>350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>361149.81000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.22200000</annualizedRt>
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        <name>NATIONAL RURAL UTIL COOP</name>
        <lei>4NYF266XZC35SCTGX023</lei>
        <title>National Rural Utilities Cooperative Finance Corp</title>
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        <curCd>USD</curCd>
        <valUSD>1295189.45000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.35000000</annualizedRt>
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      <invstOrSec>
        <name>SUNRUN CALLISTO ISSUER LLC</name>
        <lei>N/A</lei>
        <title>Sunrun Atlas Issuer LLC</title>
        <cusip>86772FAA9</cusip>
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          <isin value="US86772FAA93"/>
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        <balance>403476.59000000</balance>
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        <curCd>USD</curCd>
        <valUSD>388969.71000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-02-01</maturityDt>
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          <annualizedRt>3.61000000</annualizedRt>
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        <name>Toyota Motor Corp</name>
        <lei>5493006W3QUS5LMH6R84</lei>
        <title>Toyota Motor Corp</title>
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        <balance>200000.00000000</balance>
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        <valUSD>202444.53000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.45000000</annualizedRt>
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        <name>Iowa Finance Authority</name>
        <lei>549300NQVL49BTHOW391</lei>
        <title>Iowa Finance Authority</title>
        <cusip>46246JNP6</cusip>
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        <balance>350000.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-01</maturityDt>
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          <annualizedRt>7.00000000</annualizedRt>
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      <invstOrSec>
        <name>Tesla Auto Lease Trust 2024-A</name>
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        <title>Tesla Auto Lease Trust</title>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-21</maturityDt>
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          <annualizedRt>5.30000000</annualizedRt>
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        <name>Air Canada 2015-1 Class A Pass Through Trust</name>
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        <title>Air Canada 2015-1 Class A Pass Through Trust</title>
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          <isin value="US009090AA91"/>
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        <balance>554406.25000000</balance>
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        <curCd>USD</curCd>
        <valUSD>548132.15000000</valUSD>
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        <invCountry>CA</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-03-15</maturityDt>
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          <annualizedRt>3.60000000</annualizedRt>
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        <name>TerraForm Power Operating LLC</name>
        <lei>5493000S2OLR3UT5BE13</lei>
        <title>TerraForm Power Operating, LLC, Term Loan B</title>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
          <annualizedRt>5.67194000</annualizedRt>
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        <name>Frontier Issuer LLC</name>
        <lei>N/A</lei>
        <title>Frontier Issuer LLC</title>
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        <balance>300000.00000000</balance>
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        <name>AVALONBAY COMMUNITIES</name>
        <lei>K9G90K85RBWD2LAGQX17</lei>
        <title>AvalonBay Communities, Inc</title>
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        <valUSD>944939.77000000</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>2028-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>JPMorgan Chase &amp; Co</name>
        <lei>8I5DZWZKVSZI1NUHU748</lei>
        <title>JPMorgan Chase &amp; Co</title>
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        <balance>925000.00000000</balance>
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        <valUSD>943400.59000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>AIR CANADA 2017-1AA PTT</name>
        <lei>N/A</lei>
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          <isin value="US00908PAA57"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>CA</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-01-15</maturityDt>
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        <name>International Bank for Reconstruction &amp; Development</name>
        <lei>ZTMSNXROF84AHWJNKQ93</lei>
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          <isin value="XS3239206488"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
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          <maturityDt>2032-03-31</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Asian Infrastructure Investment Bank/The</name>
        <lei>25490065OSV2524LCR32</lei>
        <title>Asian Infrastructure Investment Bank</title>
        <cusip>BO9842275</cusip>
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          <isin value="XS2332206718"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1000320.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-04-15</maturityDt>
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      <invstOrSec>
        <name>Japan International Cooperation Agency</name>
        <lei>254900XEIG78M2AJB031</lei>
        <title>Japan International Cooperation Agency</title>
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          <isin value="US47109LAJ35"/>
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        <balance>200000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Henry J Kaiser Family Foundation/CA</name>
        <lei>4CMPMZ2TOE77XRTFWV21</lei>
        <title>Henry J Kaiser Family Foundation</title>
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          <isin value="US426767AC30"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-12-01</maturityDt>
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      <invstOrSec>
        <name>Natixis Commercial Mortgage Se</name>
        <lei>N/A</lei>
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          <isin value="US63875FAA49"/>
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        <assetCat>ABS-MBS</assetCat>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-07-15</maturityDt>
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          <annualizedRt>5.91500000</annualizedRt>
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      <invstOrSec>
        <name>Fannie Mae - CAS</name>
        <lei>N/A</lei>
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        <cusip>207942AB9</cusip>
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          <isin value="US207942AB90"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-06-25</maturityDt>
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          <annualizedRt>7.45603000</annualizedRt>
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      <invstOrSec>
        <name>VIVINT SOLAR FINANCING LLC</name>
        <lei>N/A</lei>
        <title>Vivint Colar Financing V LLC</title>
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        <balance>164544.14000000</balance>
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        <curCd>USD</curCd>
        <valUSD>160801.57000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-04-30</maturityDt>
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          <annualizedRt>7.37000000</annualizedRt>
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        <name>Federation des Caisses Desjardins du Quebec</name>
        <lei>549300B2Q47IR0CR5B54</lei>
        <title>Federation des Caisses Desjardins du Quebec</title>
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          <isin value="US31430WC853"/>
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        <curCd>USD</curCd>
        <valUSD>621662.57000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Starwood Property Trust Inc</name>
        <lei>BUGSFQZERKRBFWIG5267</lei>
        <title>Starwood Property Trust, Inc</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-10-15</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>United States Treasury Note/Bond</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Note</title>
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        <issuerCat>UST</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <name>Starwood Property Trust Inc</name>
        <lei>BUGSFQZERKRBFWIG5267</lei>
        <title>Starwood Property Trust, Inc</title>
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          <maturityDt>2030-10-15</maturityDt>
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          <annualizedRt>6.50000000</annualizedRt>
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        <name>Japan Bank for International Cooperation</name>
        <lei>549300TJ3QFYVCTSCJ29</lei>
        <title>Japan Bank for International Cooperation</title>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>JP</invCountry>

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          <annualizedRt>4.37500000</annualizedRt>
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        <name>KAISER FOUNDATION HOSPIT</name>
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        <title>Kaiser Foundation Hospitals</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>WLB ASSET II D</name>
        <lei>549300RHQSFI6RYM6N43</lei>
        <title>WLB Asset II D Pte Ltd</title>
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          <isin value="XS2563978381"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <annualizedRt>6.50000000</annualizedRt>
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        <name>Unilever Capital Corp</name>
        <lei>MYF1DAS6G5WY7PRWCU78</lei>
        <title>Unilever Capital Corp</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>SANDALWOOD 2013 LLC</name>
        <lei>N/A</lei>
        <title>Sandalwood LLC</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>HA Sustainable Infrastructure Capital Inc</name>
        <lei>254900ZZRL7MWL1X8E92</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PFIZER INC</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Bridge Housing Corp</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PHARR TX ECON DEV CORP SALES T</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>USAA CAPITAL CORP</name>
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          <isin value="US90327QD552"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Illinois Housing Development Authority</name>
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        <title>Illinois Housing Development Authority</title>
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          <isin value="US45203MEF41"/>
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        <balance>470000.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.33000000</annualizedRt>
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      <invstOrSec>
        <name>HAT HOLDINGS I LLC/HAT</name>
        <lei>N/A</lei>
        <title>HAT Holdings I LLC</title>
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          <isin value="US418751AE33"/>
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        <balance>274000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>272257.05000000</valUSD>
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        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>INTL FINANCE CORP</name>
        <lei>QKL54NQY28TCDAI75F60</lei>
        <title>International Finance Corp</title>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>N/A</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-04-07</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.12600000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>PRINCIPAL LFE GLB FND II</name>
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        <title>Principal Life Global Funding II</title>
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          <isin value="US74256LEP04"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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        <securityLending>
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      <invstOrSec>
        <name>Morgan Stanley Bank NA</name>
        <lei>G1MLHIS0N32I3QPILB75</lei>
        <title>Morgan Stanley Bank NA</title>
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        <balance>550000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>FORT WAYNE IN ECON DEV SOLID W</name>
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        <title>City of Fort Wayne IN</title>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <annualizedRt>10.75000000</annualizedRt>
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      <invstOrSec>
        <name>CHI Commercial Mortgage Trust 2025-SFT</name>
        <lei>N/A</lei>
        <title>CHI Commercial Mortgage Trust</title>
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          <isin value="US16706GAC15"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-04-15</maturityDt>
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          <annualizedRt>0.30000000</annualizedRt>
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      <invstOrSec>
        <name>Connecticut Avenue Securities Trust 2023-R06</name>
        <lei>N/A</lei>
        <title>Connecticut Avenue Securities Trust</title>
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          <isin value="US20754EAB11"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Inter-American Development Bank</name>
        <lei>VKU1UKDS9E7LYLMACP54</lei>
        <title>Inter-American Development Bank</title>
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        <balance>1300000.00000000</balance>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>N/A</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>STATE STR NAVIGATOR SECS L TR</name>
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        <title>State Street Navigator Securities Lending Government Money Market Portfolio</title>
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        <invCountry>US</invCountry>

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        <name>WLB Asset VI Pte Ltd</name>
        <lei>254900M29A8RHZTF4J92</lei>
        <title>WLB Asset VI Pte Ltd</title>
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        <balance>246972.01000000</balance>
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        <invCountry>MU</invCountry>

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      <invstOrSec>
        <name>Wells Fargo Commercial Mortgage Trust 2025-609M</name>
        <lei>N/A</lei>
        <title>Wells Fargo Commercial Mortgage Trust</title>
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          <isin value="US95004NAA37"/>
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        <balance>500000.00000000</balance>
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      <invstOrSec>
        <name>ASIAN DEVELOPMENT BANK</name>
        <lei>549300X0MVH42CY8Q105</lei>
        <title>Asian Development Bank</title>
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          <isin value="US045167DR18"/>
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        <balance>1000000.00000000</balance>
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        <valUSD>987963.76000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>N/A</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>Mosaic Solar Loans LLC</name>
        <lei>N/A</lei>
        <title>Mosaic Solar Loan Trust</title>
        <cusip>61946NAA6</cusip>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NORFOLK SOUTHERN CORP</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-05-15</maturityDt>
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      <invstOrSec>
        <name>Broomfield Urban Renewal Authority</name>
        <lei>N/A</lei>
        <title>Broomfield Urban Renewal Authority</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-12-01</maturityDt>
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          <annualizedRt>4.65000000</annualizedRt>
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      <invstOrSec>
        <name>HERO Funding Trust</name>
        <lei>N/A</lei>
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        <cusip>42770VAA9</cusip>
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          <isin value="US42770VAA98"/>
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        <balance>67579.39000000</balance>
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        <curCd>USD</curCd>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-09-20</maturityDt>
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          <annualizedRt>4.05000000</annualizedRt>
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      <invstOrSec>
        <name>MIDAMERICAN ENERGY CO</name>
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          <isin value="US595620AT22"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>494068.81000000</valUSD>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.65000000</annualizedRt>
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        <name>ONTARIO (PROVINCE OF)</name>
        <lei>C7PVKCRGLG18EBQGZV36</lei>
        <title>Province of Ontario Canada</title>
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          <isin value="US683234AR91"/>
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        <balance>500000.00000000</balance>
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        <valUSD>440103.99000000</valUSD>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ETHIOPIAN LEASING 2012</name>
        <lei>N/A</lei>
        <title>Ethiopian Leasing 2012 LLC</title>
        <cusip>29766DAF1</cusip>
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          <isin value="US29766DAF15"/>
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        <curCd>USD</curCd>
        <valUSD>12332.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-12</maturityDt>
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          <annualizedRt>2.64600000</annualizedRt>
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        <name>Arab Energy Fund /The</name>
        <lei>213800A54KIUYH5YD185</lei>
        <title>Arab Petroleum Investments Corp</title>
        <cusip>03845EAD4</cusip>
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          <isin value="US03845EAD40"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1033652.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>N/A</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.42800000</annualizedRt>
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        <name>JPMorgan Chase &amp; Co</name>
        <lei>8I5DZWZKVSZI1NUHU748</lei>
        <title>JPMorgan Chase &amp; Co</title>
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        <balance>2000000.00000000</balance>
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        <valUSD>2031444.12000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-10-22</maturityDt>
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          <annualizedRt>6.07000000</annualizedRt>
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      <invstOrSec>
        <name>GoodLeap Sustainable Home Impr</name>
        <lei>N/A</lei>
        <title>GoodLeap Sustainable Home Solutions Trust</title>
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        <balance>218642.84000000</balance>
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        <curCd>USD</curCd>
        <valUSD>153636.45000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-10-20</maturityDt>
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          <annualizedRt>2.56000000</annualizedRt>
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        <name>New York State Electric &amp; Gas Corp</name>
        <lei>549300GEC6J0YHUXA160</lei>
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        <valUSD>520096.97000000</valUSD>
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        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-08-15</maturityDt>
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          <annualizedRt>5.65000000</annualizedRt>
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      <invstOrSec>
        <name>BX Trust</name>
        <lei>N/A</lei>
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          <isin value="US05610FAD96"/>
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        <balance>750000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-01-17</maturityDt>
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          <annualizedRt>5.84012000</annualizedRt>
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        <name>Royal Bank of Canada</name>
        <lei>ES7IP3U3RHIGC71XBU11</lei>
        <title>Royal Bank of Canada</title>
        <cusip>780082AQ6</cusip>
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        <balance>1000000.00000000</balance>
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        <valUSD>1009903.16000000</valUSD>
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        <invCountry>CA</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-12-14</maturityDt>
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          <annualizedRt>4.85100000</annualizedRt>
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        <name>WARM SPRINGS OR RESERVATION CO</name>
        <lei>N/A</lei>
        <title>Warm Springs Reservation Confederated Tribe</title>
        <cusip>934312AS8</cusip>
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          <isin value="US934312AS84"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-11-01</maturityDt>
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          <annualizedRt>2.16500000</annualizedRt>
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        <name>ARAB PETROLEUM INVST</name>
        <lei>213800A54KIUYH5YD185</lei>
        <title>Arab Petroleum Investments Corp</title>
        <cusip>BR6669963</cusip>
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          <isin value="XS2389123931"/>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>N/A</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <annualizedRt>1.48300000</annualizedRt>
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      <invstOrSec>
        <name>LIBERTY UTILITIES FIN</name>
        <lei>N/A</lei>
        <title>Liberty Utilities Finance GP</title>
        <cusip>531546AB5</cusip>
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          <isin value="US531546AB51"/>
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        <balance>500000.00000000</balance>
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        <valUSD>453377.00000000</valUSD>
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        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-09-15</maturityDt>
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          <annualizedRt>2.05000000</annualizedRt>
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      <invstOrSec>
        <name>California State Public Works Board</name>
        <lei>N/A</lei>
        <title>California State Public Works Board</title>
        <cusip>13068XRS0</cusip>
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          <isin value="US13068XRS08"/>
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        <balance>205000.00000000</balance>
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        <valUSD>205076.03000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-11-01</maturityDt>
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          <annualizedRt>3.77000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>JAPAN INT'L COOP AGENCY</name>
        <lei>254900XEIG78M2AJB031</lei>
        <title>Japan International Cooperation Agency</title>
        <cusip>47109LAG9</cusip>
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        <name>Air Canada 2015-2 Class AA Pass Through Trust</name>
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        <name>FED CAISSES DESJARDINS</name>
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        <name>BB BLUE FINANCING DAC</name>
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        <name>United States Treasury Note/Bond</name>
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        <name>GoodLeap Sustainable Home Impr</name>
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        <name>ING GROEP NV</name>
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        <name>AES CORP/THE</name>
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        <name>Comision Federal de Electricidad</name>
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        <name>Iowa Finance Authority</name>
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        <name>Toronto-Dominion Bank/The</name>
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        <name>Inter-American Investment Corp</name>
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        <name>INT DEVELOPMENT FIN CORP</name>
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        <name>Private Export Funding Corp</name>
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        <name>BNP PARIBAS</name>
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        <name>International Development Association</name>
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        <name>African Development Bank</name>
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        <title>African Development Bank</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-02-25</maturityDt>
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        <name>The Campbell's Company</name>
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          <maturityDt>2029-03-21</maturityDt>
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          <annualizedRt>5.20000000</annualizedRt>
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        <name>Natixis Commercial Mortgage Se</name>
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        <name>COOPERATIEVE RABOBANK UA</name>
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        <title>Cooperatieve Rabobank UA</title>
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        <invCountry>NL</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-02-24</maturityDt>
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        <name>AFLAC INC</name>
        <lei>549300N0B7DOGLXWPP39</lei>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-03-15</maturityDt>
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        <name>New York State Energy Research &amp; Development Authority</name>
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        <issuerCat>MUN</issuerCat>
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        <name>Columbus Metropolitan Housing Authority</name>
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        <name>AIR CANADA 2020-2A PTT</name>
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        <name>INTER-AMERICAN DEVEL BK</name>
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        <issuerCat>NUSS</issuerCat>
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        <name>MAC Trust 2025-801B</name>
        <lei>N/A</lei>
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        <name>BX Trust</name>
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        <name>EOG Resources Inc</name>
        <lei>XWTZDRYZPBUHIQBKDB46</lei>
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        <name>INTL BK RECON &amp; DEVELOP</name>
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        <name>Helios Issuer, LLC</name>
        <lei>N/A</lei>
        <title>Sunnova Helios VIII Issuer LLC</title>
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          <maturityDt>2049-02-22</maturityDt>
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        <name>Maryland Health &amp; Higher Educational Facilities Authority</name>
        <lei>N/A</lei>
        <title>Maryland Health &amp; Higher Educational Facilities Authority</title>
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        <name>Tesla Auto Lease Trust 2024-B</name>
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        <name>PG&amp;E Recovery Funding LLC</name>
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        <name>International Finance Corp</name>
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        <name>California Buyer Ltd / Atlantica Sustainable Infrastructure PLC</name>
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        <name>APPLE INC</name>
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        <name>HA Sustainable Infrastructure Capital Inc</name>
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        <name>Bank of America Corp</name>
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      <invstOrSec>
        <name>City of North Platte NE Combined Utilities Revenue</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>WULF COMPUTE LLC</name>
        <lei>N/A</lei>
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          <isin value="US982911AA70"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Asian Infrastructure Investment Bank/The</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Bank of Nova Scotia/The</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Canada Government International Bond</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Canadian Imperial Bank of Commerce</name>
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        <name>INTER-AMERICAN INVEST CO</name>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>N/A</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-02-15</maturityDt>
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      <invstOrSec>
        <name>DELTA AIR LINES 2020-A</name>
        <lei>N/A</lei>
        <title>Delta Air Lines Pass Through Trust</title>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>BX Trust</name>
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        <name>ING GROEP NV</name>
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        <name>Sunrun Demeter Issuer LLC</name>
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        <name>ALEN 2021-ACEN Mortgage Trust</name>
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        <name>SCE RECOVERY FUNDING LLC</name>
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        <name>Jersey City Redevelopment Agency</name>
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        <name>Deutsche Bank AG/New York NY</name>
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        <invCountry>DE</invCountry>

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        <name>Starwood Commercial Mortgage T</name>
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        <name>ROYAL BANK OF CANADA</name>
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        <name>One Market Plaza Trust</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-02-10</maturityDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Federation des Caisses Desjardins du Quebec</name>
        <lei>549300B2Q47IR0CR5B54</lei>
        <title>Federation des Caisses Desjardins du Quebec</title>
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          <isin value="US31429KAP84"/>
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        <curCd>USD</curCd>
        <valUSD>402608.14000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-08-26</maturityDt>
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      <invstOrSec>
        <name>Bank of New York Mellon Corp/The</name>
        <lei>WFLLPEPC7FZXENRZV188</lei>
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        <cusip>RPER0WZK0</cusip>
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          <ticker value="BKFICC"/>
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        <balance>3443000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3443000.00000000</valUSD>
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        <assetCat>RA</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <repurchaseAgrmt>
          <transCat>Repurchase</transCat>
          <clearedCentCparty centralCounterparty="Fixed Income Clearing Corporation" isCleared="Y"/>
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            <repurchaseCollateral>
              <principalAmt>3414900</principalAmt>
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              <invstCat>UST</invstCat>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Fannie Mae - CAS</name>
        <lei>N/A</lei>
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        <cusip>20755DAB2</cusip>
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          <isin value="US20755DAB29"/>
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        <balance>27000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>27931.49000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-07-25</maturityDt>
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          <annualizedRt>7.47419000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NATURE CONSERVANCY (THE)</name>
        <lei>549300GJ1IZME7V1JJ28</lei>
        <title>Nature Conservancy</title>
        <cusip>63902HAT6</cusip>
        <identifiers>
          <isin value="US63902HAT68"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>299375.98000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.66800000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SAN DIEGO G &amp; E</name>
        <lei>KNIRVXKVNJJ4P8OTMS63</lei>
        <title>San Diego Gas &amp; Electric Co</title>
        <cusip>797440CE2</cusip>
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          <isin value="US797440CE27"/>
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        <balance>275000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>281835.52000000</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>2028-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.95000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Hidalgo County Drain District No 1</name>
        <lei>N/A</lei>
        <title>Hidalgo County Drain District No</title>
        <cusip>429335NK4</cusip>
        <identifiers>
          <isin value="US429335NK40"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>500497.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.93900000</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>BNG BANK NV</name>
        <lei>529900GGYMNGRQTDOO93</lei>
        <title>BNG Bank NV</title>
        <cusip>05591F2S8</cusip>
        <identifiers>
          <isin value="US05591F2S82"/>
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        <balance>250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>249151.52000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>XPLR Infrastructure Operating Partners LP</name>
        <lei>549300KJEC5IUVJWR786</lei>
        <title>NextEra Energy Operating Partners LP</title>
        <cusip>65342QAM4</cusip>
        <identifiers>
          <isin value="US65342QAM42"/>
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        <balance>237000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>242832.81000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.25000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Centersquare Issuer LLC</name>
        <lei>N/A</lei>
        <title>Centersquare Issuer LLC</title>
        <cusip>15201EAD6</cusip>
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          <isin value="US15201EAD67"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>245156.33000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-03-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Helios Issuer, LLC</name>
        <lei>N/A</lei>
        <title>Helios Issuer, LLC</title>
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        <balance>422426.51000000</balance>
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        <curCd>USD</curCd>
        <valUSD>390964.99000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-08-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.30000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Mosaic Solar Loans LLC</name>
        <lei>N/A</lei>
        <title>Mosaic Solar Loan Trust</title>
        <cusip>61946TAA3</cusip>
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          <isin value="US61946TAA34"/>
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        <balance>233202.43000000</balance>
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        <curCd>USD</curCd>
        <valUSD>193649.50000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-06-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.44000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Connecticut Green Bank</name>
        <lei>N/A</lei>
        <title>Connecticut Green Bank</title>
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          <isin value="US207580BH33"/>
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        <balance>398000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>398096.48000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>INTL BK RECON &amp; DEVELOP</name>
        <lei>ZTMSNXROF84AHWJNKQ93</lei>
        <title>International Bank for Reconstruction &amp; Development</title>
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          <isin value="US459058KR30"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>495415.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>N/A</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Denver City &amp; County Housing Authority</name>
        <lei>N/A</lei>
        <title>Denver City &amp; County Housing Authority</title>
        <cusip>24917QBQ6</cusip>
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          <isin value="US24917QBQ64"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>500575.30000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.12500000</annualizedRt>
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      <invstOrSec>
        <name>Toronto-Dominion Bank/The</name>
        <lei>PT3QB789TSUIDF371261</lei>
        <title>Toronto-Dominion Bank</title>
        <cusip>ZK8284158</cusip>
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          <isin value="USC8888MBN77"/>
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        <balance>2500000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.70100000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Algonquin Power &amp; Utilities Corp</name>
        <lei>549300K5VIUTJXQL7X75</lei>
        <title>Algonquin Power &amp; Utilities Corp</title>
        <cusip>015857AF2</cusip>
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          <isin value="US015857AF21"/>
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        <balance>475000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>477240.52000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.36500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>JOHNSON CONTROLS/TYCO FI</name>
        <lei>N/A</lei>
        <title>Johnson Controls International plc</title>
        <cusip>47837RAA8</cusip>
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          <isin value="US47837RAA86"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>445772.54000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>Clearinghouse Community Development Financial Institution</name>
        <lei>N/A</lei>
        <title>Clearinghouse Community Development Financial Institution</title>
        <cusip>184917AA0</cusip>
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          <isin value="US184917AA02"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <annualizedRt>7.00000000</annualizedRt>
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      <invstOrSec>
        <name>Barclays Commercial Mortgage S</name>
        <lei>N/A</lei>
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          <isin value="US05547HAC51"/>
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        <curCd>USD</curCd>
        <valUSD>985037.10000000</valUSD>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-08-10</maturityDt>
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      <invstOrSec>
        <name>WLB Asset VII Pte Ltd</name>
        <lei>254900606PGU4UDQPS56</lei>
        <title>WLB Asset VII Pte Ltd</title>
        <cusip>YM4883695</cusip>
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          <isin value="XS2959286118"/>
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        <curCd>USD</curCd>
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        <invCountry>MU</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-07-30</maturityDt>
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          <annualizedRt>5.88000000</annualizedRt>
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      <invstOrSec>
        <name>Southern California Edison Co</name>
        <lei>9R1Z5I36FERIBVKW4P77</lei>
        <title>Southern California Edison Co</title>
        <cusip>842400JA2</cusip>
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          <isin value="US842400JA26"/>
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        <balance>275000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</annualizedRt>
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      <invstOrSec>
        <name>United States Treasury Note/Bond</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Note</title>
        <cusip>91282CPP0</cusip>
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          <isin value="US91282CPP04"/>
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        <balance>7475000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7466240.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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      <invstOrSec>
        <name>Centersquare Issuer LLC</name>
        <lei>N/A</lei>
        <title>Centersquare Issuer LLC</title>
        <cusip>15201EAK0</cusip>
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          <isin value="US15201EAK01"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1446800.40000000</valUSD>
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        <assetCat>ABS-O</assetCat>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-08-25</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>International Finance Corp</name>
        <lei>QKL54NQY28TCDAI75F60</lei>
        <title>International Finance Corp</title>
        <cusip>45950KDJ6</cusip>
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          <isin value="US45950KDJ60"/>
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        <balance>1145000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1145148.93000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>N/A</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-28</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.10000000</annualizedRt>
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      <invstOrSec>
        <name>Zions Bancorp NA</name>
        <lei>8WH0EE09O9V05QJZ3V89</lei>
        <title>Zions Bancorp NA</title>
        <cusip>98971DAD2</cusip>
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          <isin value="US98971DAD21"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>999998.61000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.70400000</annualizedRt>
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      <invstOrSec>
        <name>SOLAR STAR FUNDING LLC</name>
        <lei>N/A</lei>
        <title>Solar Star Funding LLC</title>
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          <isin value="US83416WAA18"/>
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        <balance>1880259.37000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1916101.10000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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      <invstOrSec>
        <name>New York City Housing Development Corp</name>
        <lei>549300SQWVHKBRF8D702</lei>
        <title>New York City Housing Development Corp</title>
        <cusip>64972KMP7</cusip>
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          <isin value="US64972KMP74"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>503537.35000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.26900000</annualizedRt>
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        <name>Connecticut Light and Power Co/The</name>
        <lei>549300O45IUXEDS1VZ32</lei>
        <title>Connecticut Light and Power Co</title>
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        <balance>500000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.65000000</annualizedRt>
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        <name>BROOKLYN UNION GAS CO</name>
        <lei>83BQ1DXS6VA5GZFK8S35</lei>
        <title>Brooklyn Union Gas Co</title>
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        <balance>600000.00000000</balance>
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        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-08-05</maturityDt>
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          <annualizedRt>4.63200000</annualizedRt>
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      <invstOrSec>
        <name>Switch ABS Issuer LLC</name>
        <lei>N/A</lei>
        <title>Switch ABS Issuer LLC</title>
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          <maturityDt>2055-03-25</maturityDt>
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          <annualizedRt>5.03600000</annualizedRt>
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        <name>DEUTSCHE BANK NY</name>
        <lei>7LTWFZYICNSX8D621K86</lei>
        <title>Deutsche Bank AG.</title>
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        <balance>800000.00000000</balance>
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        <valUSD>796130.01000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-03-19</maturityDt>
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          <annualizedRt>1.68600000</annualizedRt>
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        <name>M&amp;T Bank Corp</name>
        <lei>549300WYXDDBYRASEG81</lei>
        <title>M&amp;T Bank Corp</title>
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        <balance>500000.00000000</balance>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <name>Natixis Commercial Mortgage Se</name>
        <lei>N/A</lei>
        <title>Natixis Commercial Mortgage Securities Trust</title>
        <cusip>63875FAG1</cusip>
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        <balance>250000.00000000</balance>
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        <name>CHI Commercial Mortgage Trust 2025-SFT</name>
        <lei>N/A</lei>
        <title>CHI Commercial Mortgage Trust</title>
        <cusip>16706GAA5</cusip>
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        <balance>250000.00000000</balance>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-04-15</maturityDt>
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          <annualizedRt>5.48216000</annualizedRt>
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      <invstOrSec>
        <name>CALIFORNIA ST EARTHQUAKE AUTH</name>
        <lei>254900P2MGLOUH3QS859</lei>
        <title>California Earthquake Authority</title>
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          <isin value="US13017HAP10"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>506334.35000000</valUSD>
        <pctVal>0.223176552531</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.60300000</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>New Hampshire Business Finance Authority</name>
        <lei>N/A</lei>
        <title>New Hampshire Business Finance Authority</title>
        <cusip>63609FAD1</cusip>
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          <isin value="US63609FAD15"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1000000.00000000</valUSD>
        <pctVal>0.440769133145</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.08000000</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>WELLTOWER OP LLC</name>
        <lei>T6IZ0MBEG5ACZDTR7D06</lei>
        <title>Welltower OP LLC</title>
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          <isin value="US95040QAK04"/>
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        <balance>1405000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1386403.07000000</valUSD>
        <pctVal>0.611083679354</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>2.70000000</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>DELTA AIR LINES 2020-AA</name>
        <lei>N/A</lei>
        <title>Delta Air Lines Pass Through Trust</title>
        <cusip>247361ZV3</cusip>
        <identifiers>
          <isin value="US247361ZV38"/>
        </identifiers>
        <balance>973143.40000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>929407.00000000</valUSD>
        <pctVal>0.409653917729</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</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>City of Oakland CA</name>
        <lei>549300BRTTFKDQCGL048</lei>
        <title>City of Oakland CA</title>
        <cusip>672240ZK7</cusip>
        <identifiers>
          <isin value="US672240ZK78"/>
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        <balance>545000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>549752.67000000</valUSD>
        <pctVal>0.242314007800</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.17600000</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>Constellation Renewables LLC</name>
        <lei>5493004JBPWTPTK8LB51</lei>
        <title>Constellation Renewables, LLC, Term Loan</title>
        <cusip>30204KAD8</cusip>
        <identifiers>
          <isin value="US30204KAD81"/>
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        <balance>1397796.38000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1405078.90000000</valUSD>
        <pctVal>0.619315408754</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.82237000</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>DELTA AIR LINES 2015-1AA</name>
        <lei>N/A</lei>
        <title>Delta Air Lines Pass Through Trust</title>
        <cusip>24736XAA6</cusip>
        <identifiers>
          <isin value="US24736XAA63"/>
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        <balance>768456.23000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>759560.96000000</valUSD>
        <pctVal>0.334791025910</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.62500000</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>Trinity Rail Leasing L.P.</name>
        <lei>N/A</lei>
        <title>Trinity Rail Leasing L.P.</title>
        <cusip>89657MAA8</cusip>
        <identifiers>
          <isin value="US89657MAA80"/>
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        <balance>496931.29000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>494022.45000000</valUSD>
        <pctVal>0.217749847040</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-10-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.09000000</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>Ardagh Metal Packaging Finance USA LLC / Ardagh Metal Packaging Finance PLC</name>
        <lei>N/A</lei>
        <title>Ardagh Metal Packaging Finance USA LLC</title>
        <cusip>03969YAD0</cusip>
        <identifiers>
          <isin value="US03969YAD04"/>
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        <balance>1280000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1309152.03000000</valUSD>
        <pctVal>0.577033805418</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>N/A</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-30</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>SLG Office Trust</name>
        <lei>N/A</lei>
        <title>SLG Office Trust</title>
        <cusip>78449RAC9</cusip>
        <identifiers>
          <isin value="US78449RAC97"/>
        </identifiers>
        <balance>27382754.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>310953.08000000</valUSD>
        <pctVal>0.137058519520</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-07-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.25799900</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>Renew Financial</name>
        <lei>N/A</lei>
        <title>Renew</title>
        <cusip>75973LAA6</cusip>
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          <isin value="US75973LAA61"/>
        </identifiers>
        <balance>21117.43000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>19663.75000000</valUSD>
        <pctVal>0.008667174041</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-09-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.67000000</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>ARAB PETROLEUM INVST</name>
        <lei>213800A54KIUYH5YD185</lei>
        <title>Arab Petroleum Investments Corp</title>
        <cusip>03845EAC6</cusip>
        <identifiers>
          <isin value="US03845EAC66"/>
        </identifiers>
        <balance>1500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1469338.50000000</valUSD>
        <pctVal>0.647639056942</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>N/A</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.48300000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2025-12-31</ncom:dateSigned>
      <ncom:nameOfApplicant>TIAA-CREF Funds</ncom:nameOfApplicant>
      <ncom:signature>Gina Spunder</ncom:signature>
      <ncom:signerName>Gina Spunder</ncom:signerName>
      <ncom:title>Director, Fund Financial Reporting</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
