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      <invstOrSec>
        <name>PFS Financing Corp.</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Credit-Based Asset Servicing a</name>
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        <name>FHF Trust 2021-1</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>SUMMIT BEHAVIORAL HEALTH</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SERVICE LOGIC ACQUISITIO</name>
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        <title>Service Logic Acquisition Inc</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Banc of America Merrill Lynch</name>
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          <isin value="US05492HAJ59"/>
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        <name>Wind River CLO Ltd</name>
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        <name>AERCAP IRELAND CAP/GLOBA</name>
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        <title>AerCap Ireland Capital DAC / AerCap Global Aviation Trust</title>
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        <fairValLevel>2</fairValLevel>
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        <name>HSBC HOLDINGS PLC</name>
        <lei>MLU0ZO3ML4LN2LL2TL39</lei>
        <title>HSBC Holdings PLC</title>
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        <fairValLevel>2</fairValLevel>
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        <name>CHC Commercial Mortgage Trust</name>
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        <title>CHC Commercial Mortgage Trust 2019 - CHC</title>
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        <name>OWS CRE FUNDING I LLC</name>
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        <title>OWS Cre Funding I LLC</title>
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        <name>SANDERS RE II LTD</name>
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        <title>Sanders RE II Ltd</title>
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        <invCountry>BM</invCountry>
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        <name>Alturas Re 2022-2, 12/31/2027</name>
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        <name>Fort Washington CLO 2019-1</name>
        <lei>N/A</lei>
        <title>Fort Washington CLO 2019-1</title>
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        <name>Mercury Financial Credit Card</name>
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        <title>Mercury Financial Credit Card Master Trust</title>
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        <name>BASKET COLLAREAL US TRI PARTY</name>
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        <name>XCALI 2020-1 Mortgage Trust</name>
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        <name>BANQUE FED CRED MUTUEL</name>
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        <name>Freddie Mac</name>
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        <name>LEVEL 3 FINANCING INC</name>
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        <name>COMMONBOND STUDENT LOAN TRUST</name>
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        <name>Lorenz Re 2018, 7/1/22</name>
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        <name>Arbor Realty Collateralized Lo</name>
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        <title>Arbor Realty Commercial Real Estate Notes 2021-FL3 Ltd</title>
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        <name>CENTURION PIPELINE CO LLC</name>
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        <name>Home Re Ltd</name>
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        <name>Newtek Small Business Loan Tru</name>
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      </invstOrSec>
      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae REMICS</title>
        <cusip>31396PSN2</cusip>
        <identifiers>
          <isin value="US31396PSN23"/>
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        <balance>112930.59000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>112211.21000000</valUSD>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-02-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.65657000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Government National Mortgage A</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Government National Mortgage Association</title>
        <cusip>38373Y2N3</cusip>
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          <isin value="US38373Y2N33"/>
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        <balance>54809.39000000</balance>
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        <curCd>USD</curCd>
        <valUSD>54680.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-01-16</maturityDt>
          <couponKind>Floating</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Towd Point Asset Trust 2018-SL</name>
        <lei>54930022FYEFQVX02P24</lei>
        <title>Towd Point Asset Trust 2018-SL1</title>
        <cusip>89174UAA4</cusip>
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          <isin value="US89174UAA43"/>
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        <balance>5778299.94000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-01-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.05657000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MTRO Commercial Mortgage Trust</name>
        <lei>N/A</lei>
        <title>MTRO Commercial Mortgage Trust 2019-TECH</title>
        <cusip>55378MAE9</cusip>
        <identifiers>
          <isin value="US55378MAE93"/>
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        <balance>5320000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5181761.40000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-12-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.69657000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Radnor Re LTD</name>
        <lei>549300ED4YNDE7SVU538</lei>
        <title>Radnor Re 2018-1 Ltd</title>
        <cusip>750496AB7</cusip>
        <identifiers>
          <isin value="US750496AB73"/>
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        <balance>15502021.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>15260885.51000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.15657000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GOLDMAN SACHS GROUP INC</name>
        <lei>784F5XWPLTWKTBV3E584</lei>
        <title>Goldman Sachs Group Inc/The</title>
        <cusip>38141GYF5</cusip>
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          <isin value="US38141GYF52"/>
          <other otherDesc="SEDOL" value="BMD2L70"/>
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        <balance>20725000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>20503700.11000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-09-10</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.68910100</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>COMMONBOND STUDENT LOAN TRUST</name>
        <lei>549300O1CSZVJJTIR319</lei>
        <title>Commonbond Student Loan Trust 2018-C-GS</title>
        <cusip>20267XAB9</cusip>
        <identifiers>
          <isin value="US20267XAB91"/>
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        <balance>1881151.79000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1874032.01000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-02-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.25657000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Freddie Mac - STACR</name>
        <lei>549300YG8OJES76WL398</lei>
        <title>STACR Trust 2018-HRP2</title>
        <cusip>35564ABN0</cusip>
        <identifiers>
          <isin value="US35564ABN00"/>
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        <balance>14584000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>14434780.89000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-02-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.45657000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Lehman XS Trust</name>
        <lei>N/A</lei>
        <title>Lehman XS Trust Series 2005-4</title>
        <cusip>525221CA3</cusip>
        <identifiers>
          <isin value="US525221CA39"/>
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        <balance>248192.99000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>248193.01000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-10-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.25657000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Freddie Mac</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddie Mac REMICS</title>
        <cusip>31396JKN4</cusip>
        <identifiers>
          <isin value="US31396JKN45"/>
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        <balance>121733.30000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>121592.62000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-03-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.69657000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Newtek Small Business Loan Tru</name>
        <lei>N/A</lei>
        <title>Newtek Small Business Loan Trust 2021-1</title>
        <cusip>65253MAA6</cusip>
        <identifiers>
          <isin value="US65253MAA62"/>
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        <balance>4827397.86000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4814497.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-12-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FLEETCOR TECHNOLOGIES INC</name>
        <lei>549300FKKKZCXLK48427</lei>
        <title>FleetCor Technologies Operating Co LLC</title>
        <cusip>33903RAY5</cusip>
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          <isin value="US33903RAY53"/>
          <other otherDesc="INTERNAL" value="BL3604586"/>
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        <balance>496252.47080000</balance>
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        <curCd>USD</curCd>
        <valUSD>489074.68000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-30</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.20743000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>AXIS Equipment Finance Receiva</name>
        <lei>549300INEWFFGID70G60</lei>
        <title>Amur Equipment Finance Receivables IX LLC</title>
        <cusip>03237KAE4</cusip>
        <identifiers>
          <isin value="US03237KAE47"/>
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        <balance>1750000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.30000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BALLY'S CORP</name>
        <lei>549300NS4D5IK406VT62</lei>
        <title>Bally's Corp</title>
        <cusip>05875CAB0</cusip>
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          <isin value="US05875CAB00"/>
          <other otherDesc="INTERNAL" value="BL3684414"/>
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        <balance>997500.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>992823.72000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ALI GROUP NORTH AMERICA</name>
        <lei>N/A</lei>
        <title>Ali Group North America Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="INTERNAL" value="BL3742097"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1474687.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>VIRGIN MEDIA BRISTOL LLC</name>
        <lei>N/A</lei>
        <title>Virgin Media Bristol LLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XAG9368PBE34"/>
          <other otherDesc="INTERNAL" value="BL3443084"/>
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        <balance>1025000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1018433.85000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-31</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.64657000</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>GS Mortgage Securities Trust</name>
        <lei>N/A</lei>
        <title>GS Mortgage Securities Corp Trust 2019-SMP</title>
        <cusip>36259NAG6</cusip>
        <identifiers>
          <isin value="US36259NAG60"/>
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        <balance>7400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7157886.06000000</valUSD>
        <pctVal>0.140890325901</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-08-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.34700000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Towd Point Mortgage Trust</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Freddie Mac</name>
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      <invstOrSec>
        <name>RVR DEALERSHIP HOLDINGS</name>
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        <name>LUMEN TECHNOLOGIES INC</name>
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        <name>JBS USA LUX SA</name>
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        <name>84 LUMBER CO</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Freddie Mac - STACR</name>
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        <name>Dingle Re 2020, 1/31/22</name>
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        <name>CHANGE HEALTHCARE HOLDINGS</name>
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        <name>Alturas Re 2019-2, 3/10/22</name>
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        <name>Santander Consumer Auto Receiv</name>
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        <name>AMERISOURCEBERGEN CORP</name>
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        <title>AmerisourceBergen Corp</title>
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        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae REMICS</title>
        <cusip>31393BVE2</cusip>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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        <name>Marlette Funding Trust</name>
        <lei>549300GIOP3T7X23OV63</lei>
        <title>Marlette Funding Trust</title>
        <cusip>57109KAA3</cusip>
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        <balance>7685000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>JP Morgan Mortgage Trust</name>
        <lei>N/A</lei>
        <title>JP Morgan Trust 2015-1</title>
        <cusip>46643UAP4</cusip>
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      <invstOrSec>
        <name>Freddie Mac - STACR</name>
        <lei>N/A</lei>
        <title>Freddie Mac STACR REMIC Trust 2020-DNA4</title>
        <cusip>35565XAH3</cusip>
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          <isin value="US35565XAH35"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>Bear Stearns Asset Backed Secu</name>
        <lei>N/A</lei>
        <title>Bear Stearns Asset Backed Securities Trust 2001-3</title>
        <cusip>07384YBL9</cusip>
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          <isin value="US07384YBL92"/>
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        <balance>230893.75000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-10-27</maturityDt>
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      <invstOrSec>
        <name>AMERICAN HONDA FINANCE</name>
        <lei>B6Q2VFHD1797Q7NZ3E43</lei>
        <title>American Honda Finance Corp</title>
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        <balance>9190000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-06-27</maturityDt>
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      <invstOrSec>
        <name>ASPLUNDH TREE EXPERT LLC</name>
        <lei>N/A</lei>
        <title>Asplundh Tree Expert LLC</title>
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          <isin value="US04538FAD15"/>
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        <balance>1576000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-09-04</maturityDt>
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      <invstOrSec>
        <name>SUMITOMO MITSUI FINL GRP</name>
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        <title>Sumitomo Mitsui Financial Group Inc</title>
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          <isin value="US86562MAT71"/>
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        <balance>4232000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-10-18</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.98129000</annualizedRt>
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      <invstOrSec>
        <name>Arivo Acceptance Auto Loan Rec</name>
        <lei>N/A</lei>
        <title>Arivo Acceptance Auto Loan Receivables Trust 2019-1</title>
        <cusip>04046LAA9</cusip>
        <identifiers>
          <isin value="US04046LAA98"/>
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        <balance>1100090.21000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.99000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae REMICS</title>
        <cusip>31398GWG0</cusip>
        <identifiers>
          <isin value="US31398GWG09"/>
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        <balance>60522.50000000</balance>
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        <curCd>USD</curCd>
        <valUSD>61146.27000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-01-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.00657000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>AMENTUM GOVERNMENT SERVI</name>
        <lei>5493008CT6B5L54YSE94</lei>
        <title>Amentum Government Services Holdings LLC</title>
        <cusip>57776DAE3</cusip>
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          <isin value="US57776DAE31"/>
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        <balance>1875000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MCF CLO LLC</name>
        <lei>N/A</lei>
        <title>MCF CLO IX Ltd</title>
        <cusip>55281XAR2</cusip>
        <identifiers>
          <isin value="US55281XAR26"/>
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        <balance>2000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1982304.00000000</valUSD>
        <pctVal>0.039018147851</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-17</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.94233000</annualizedRt>
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      <invstOrSec>
        <name>Tricolor Auto Securitization T</name>
        <lei>N/A</lei>
        <title>Tricolor Auto Securitization Trust 2021-1</title>
        <cusip>89615BAD7</cusip>
        <identifiers>
          <isin value="US89615BAD73"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>976230.00000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.92000000</annualizedRt>
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      <invstOrSec>
        <name>Mission Lane Credit Card Maste</name>
        <lei>N/A</lei>
        <title>Mission Lane Credit Card Master Trust</title>
        <cusip>60510MAA6</cusip>
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          <isin value="US60510MAA62"/>
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        <balance>3500000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.59000000</annualizedRt>
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      <invstOrSec>
        <name>Government National Mortgage A</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Government National Mortgage Association</title>
        <cusip>38375XRG1</cusip>
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          <isin value="US38375XRG15"/>
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        <balance>91602.22000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-08-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.94857000</annualizedRt>
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      <invstOrSec>
        <name>Upstart Securitization Trust</name>
        <lei>N/A</lei>
        <title>Upstart Securitization Trust 2021-1</title>
        <cusip>91681NAB0</cusip>
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          <isin value="US91681NAB01"/>
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        <balance>2250000.00000000</balance>
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          <maturityDt>2031-03-20</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Home Re 2018-1 Ltd.</name>
        <lei>254900E6IUAJSN9WD709</lei>
        <title>Home Re 2018-1 Ltd</title>
        <cusip>43730MAA6</cusip>
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          <isin value="US43730MAA62"/>
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        <balance>4755676.41000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.05657000</annualizedRt>
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      <invstOrSec>
        <name>Mello Warehouse Securitization</name>
        <lei>N/A</lei>
        <title>Mello Warehouse Securitization Trust 2020-2</title>
        <cusip>58551VAG7</cusip>
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          <isin value="US58551VAG77"/>
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        <balance>6000000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-11-25</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>BX Trust</name>
        <lei>N/A</lei>
        <title>BX Commercial Mortgage Trust 2022-AHP</title>
        <cusip>05610FAC1</cusip>
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          <isin value="US05610FAC14"/>
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        <balance>3500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3443260.10000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-01-17</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.14116000</annualizedRt>
          <isDefault>N</isDefault>
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      <invstOrSec>
        <name>ARCLINE FM HOLDINGS LLC</name>
        <lei>N/A</lei>
        <title>Arcline FM Holdings LLC</title>
        <cusip>03960DAB9</cusip>
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          <isin value="US03960DAB91"/>
          <other otherDesc="INTERNAL" value="BL3636240"/>
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        <balance>1492500.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1476642.19000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-23</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>OneMain Financial Issuance Tru</name>
        <lei>N/A</lei>
        <title>OneMain Financial Issuance Trust 2019-1</title>
        <cusip>68267DAA4</cusip>
        <identifiers>
          <isin value="US68267DAA46"/>
        </identifiers>
        <balance>107705.55000000</balance>
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        <curCd>USD</curCd>
        <valUSD>107674.04000000</valUSD>
        <pctVal>0.002119373018</pctVal>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.48000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FLORIDA POWER &amp; LIGHT CO</name>
        <lei>A89MY1K3YLIGJMYWVX50</lei>
        <title>Florida Power &amp; Light Co</title>
        <cusip>341081GD3</cusip>
        <identifiers>
          <isin value="US341081GD33"/>
          <other otherDesc="SEDOL" value="BNZFJ70"/>
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        <balance>11360000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>11330865.80000000</valUSD>
        <pctVal>0.223028050730</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-05-10</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.36100800</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EYECARE PARTNERS LLC</name>
        <lei>254900ZAACWK09RJ8W93</lei>
        <title>Eyecare Partners LLC</title>
        <cusip>30233PAG5</cusip>
        <identifiers>
          <isin value="US30233PAG54"/>
          <other otherDesc="INTERNAL" value="BL3751510"/>
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        <balance>260000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>257616.58000000</valUSD>
        <pctVal>0.005070726693</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.75600000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Fannie Mae or Freddie Mac</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae or Freddie Mac</title>
        <cusip>01F022642</cusip>
        <identifiers>
          <isin value="US01F0226427"/>
        </identifiers>
        <balance>35000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>33435937.50000000</valUSD>
        <pctVal>0.658127286703</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cyprus Re 2017, 1/31/22</name>
        <lei>N/A</lei>
        <title>Cyprus Re 2017, 1/31/22</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="INTERNAL" value="BNR310MG3"/>
        </identifiers>
        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>100.00000000</valUSD>
        <pctVal>0.000001968323</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2023-01-31</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.01000000</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>Freddie Mac</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddie Mac REMICS</title>
        <cusip>31396A5E0</cusip>
        <identifiers>
          <isin value="US31396A5E05"/>
        </identifiers>
        <balance>72041.22000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>71875.33000000</valUSD>
        <pctVal>0.001414738734</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-08-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.64657000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Freddie Mac - STACR</name>
        <lei>N/A</lei>
        <title>Freddie Mac Stacr Remic Trust 2020-HQA2</title>
        <cusip>35565LAH9</cusip>
        <identifiers>
          <isin value="US35565LAH96"/>
        </identifiers>
        <balance>3062016.04000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3075410.52000000</valUSD>
        <pctVal>0.060534016162</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-03-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.55657000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NATWEST MARKETS PLC</name>
        <lei>RR3QWICWWIPCS8A4S074</lei>
        <title>NatWest Markets PLC</title>
        <cusip>63906YAC2</cusip>
        <identifiers>
          <isin value="US63906YAC21"/>
          <other otherDesc="SEDOL" value="BKPGK57"/>
        </identifiers>
        <balance>4200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4143857.47000000</valUSD>
        <pctVal>0.081564504456</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-08-12</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.64375800</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HSBC HOLDINGS PLC</name>
        <lei>MLU0ZO3ML4LN2LL2TL39</lei>
        <title>HSBC Holdings PLC</title>
        <cusip>404280CZ0</cusip>
        <identifiers>
          <isin value="US404280CZ02"/>
          <other otherDesc="SEDOL" value="BMWS599"/>
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        <balance>10000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>9898891.80000000</valUSD>
        <pctVal>0.194842175479</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-11-22</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.69903200</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>Freddie Mac</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddie Mac REMICS</title>
        <cusip>31398JHK2</cusip>
        <identifiers>
          <isin value="US31398JHK25"/>
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        <balance>15109.59000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>15757.54000000</valUSD>
        <pctVal>0.000310159302</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-05-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.64657000</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>BX Trust</name>
        <lei>N/A</lei>
        <title>BX Commercial Mortgage Trust 2021-XL2</title>
        <cusip>05609KAQ2</cusip>
        <identifiers>
          <isin value="US05609KAQ22"/>
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        <balance>4879819.28000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4685504.39000000</valUSD>
        <pctVal>0.092225865987</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-10-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.28700000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chase Mortgage Finance Corpora</name>
        <lei>N/A</lei>
        <title>Chase Mortgage Finance Corp</title>
        <cusip>46591HBY5</cusip>
        <identifiers>
          <isin value="US46591HBY53"/>
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        <balance>2313966.42000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2265667.69000000</valUSD>
        <pctVal>0.044595660863</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-02-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.44900000</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>Freddie Mac - STACR</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddie Mac Structured Agency Credit Risk Debt Notes</title>
        <cusip>3137G0SN0</cusip>
        <identifiers>
          <isin value="US3137G0SN02"/>
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        <balance>5758372.84000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5772738.25000000</valUSD>
        <pctVal>0.113626141373</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-12-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.90657000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae REMICS</title>
        <cusip>31396XQM9</cusip>
        <identifiers>
          <isin value="US31396XQM91"/>
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        <balance>180132.65000000</balance>
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        <curCd>USD</curCd>
        <valUSD>181467.58000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-09-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.95657000</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>US ANESTHESIA PARTNERS</name>
        <lei>549300J001GMNRO7SQ51</lei>
        <title>US Anesthesia Partners Inc</title>
        <cusip>90350HAL3</cusip>
        <identifiers>
          <isin value="US90350HAL33"/>
          <other otherDesc="INTERNAL" value="BL3708098"/>
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        <balance>1343250.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1336114.66000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ARES CLO Ltd</name>
        <lei>N/A</lei>
        <title>Ares LVII CLO Ltd</title>
        <cusip>04017NAN2</cusip>
        <identifiers>
          <isin value="US04017NAN21"/>
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        <balance>4000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3999800.00000000</valUSD>
        <pctVal>0.078728987974</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-01-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.25771000</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>JP Morgan Seasoned Mortgage Tr</name>
        <lei>549300PO5OQO1J76ZY81</lei>
        <title>JP Morgan Seasoned Mortgage Trust 2014-1</title>
        <cusip>46643VAL1</cusip>
        <identifiers>
          <isin value="US46643VAL18"/>
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        <balance>3661427.52000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3617715.20000000</valUSD>
        <pctVal>0.071208324535</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-05-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.82289100</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RED VENTURES LLC</name>
        <lei>N/A</lei>
        <title>Red Ventures LLC</title>
        <cusip>75703UAH8</cusip>
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        <name>JP Morgan Chase Commercial Mor</name>
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        <name>Thopas Re 2022</name>
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        <name>Fannie Mae</name>
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        <name>Government National Mortgage A</name>
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        <name>Genesis Sales Finance Master T</name>
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        <name>Government National Mortgage A</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Government National Mortgage Association</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CIFC Funding Ltd</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BANK OF MONTREAL</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Apidos CLO</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Harambee Re 2018, 12/31/21</name>
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        <name>Sound Point CLO LTD</name>
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        <name>GS Mortgage Securities Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>MONA LISA RE LTD</name>
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        <balance>1000000.00000000</balance>
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        <invCountry>BM</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>IMS Ecuadorian Mortagage Trust</name>
        <lei>N/A</lei>
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          <isin value="US44970EAA10"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5100000.00000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>3.40000000</annualizedRt>
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      <invstOrSec>
        <name>AUTOZONE INC</name>
        <lei>GA3JGKJ41LJKXDN23E90</lei>
        <title>AutoZone Inc</title>
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          <isin value="US053332AP74"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Medline Borrower, LP</name>
        <lei>N/A</lei>
        <title>Mozart Borrower LP</title>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae REMICS</title>
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          <isin value="US313920TH38"/>
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        <balance>100348.80000000</balance>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Pepper Residential Securities</name>
        <lei>N/A</lei>
        <title>Pepper Residential Securities Trust No. 25</title>
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          <isin value="US71336JAA25"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2061-03-12</maturityDt>
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        <name>Upstart Pass Through Trust</name>
        <lei>N/A</lei>
        <title>Upstart Pass-Through Trust Series</title>
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        <name>SEAWORLD PARKS &amp; ENTERTA</name>
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        <title>SeaWorld Parks &amp; Entertainment Inc</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Cascade Funding Mortgage Trust</name>
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        <title>CFMT 2021-HB7 LLC</title>
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        <name>Bantry RE 2016, 3/31/22</name>
        <lei>N/A</lei>
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        <invCountry>BM</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
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        <name>ALAMO RE LTD</name>
        <lei>N/A</lei>
        <title>Alamo Re Ltd</title>
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        <name>Avid Automobile Receivables Tr</name>
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        <name>Sierra Receivables Funding Co</name>
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        <name>Fannie Mae</name>
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        <name>Fannie Mae</name>
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        <name>Centex Home Equity</name>
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        <name>CIG Auto Receivables Trust</name>
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      </invstOrSec>
      <invstOrSec>
        <name>Blackrock DLF VIII-L CLO Trust</name>
        <lei>N/A</lei>
        <title>Blackrock DLF VIII-L CLO Trust</title>
        <cusip>09262BAA7</cusip>
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          <isin value="US09262BAA70"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>AETNA INC</name>
        <lei>549300QKBENKLBXQ8968</lei>
        <title>Aetna Inc</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Stonepeak</name>
        <lei>N/A</lei>
        <title>Stonepeak 2021-1 ABS</title>
        <cusip>78433XAA8</cusip>
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          <isin value="US78433XAA81"/>
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        <balance>3220732.20000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3040673.95000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-02-28</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ALTURAS RE 2019-1, 3/10/23 (144A)</name>
        <lei>N/A</lei>
        <title>ALTURAS RE 2019-1, 3/10/23 (144A)</title>
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          <other otherDesc="INTERNAL" value="33YKJ9"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
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          <maturityDt>2023-03-10</maturityDt>
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      <invstOrSec>
        <name>Morgan Stanley Residential Mor</name>
        <lei>N/A</lei>
        <title>Morgan Stanley Residential Mortgage Loan Trust 2014-1</title>
        <cusip>61763YAN4</cusip>
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          <isin value="US61763YAN40"/>
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        <balance>2564000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-06-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.34015500</annualizedRt>
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      <invstOrSec>
        <name>Santander Drive Auto Receivabl</name>
        <lei>N/A</lei>
        <title>Santander Drive Auto Receivables Trust 2022-2</title>
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          <isin value="US80286MAD02"/>
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        <balance>2500000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>JP Morgan Chase Commercial Mor</name>
        <lei>N/A</lei>
        <title>JP Morgan Chase Commercial Mortgage Securities Trust 2019-BKWD</title>
        <cusip>46591JAJ5</cusip>
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          <isin value="US46591JAJ51"/>
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        <balance>3600000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-15</maturityDt>
          <couponKind>Floating</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>JP Morgan Mortgage Trust</name>
        <lei>N/A</lei>
        <title>JP Morgan Mortgage Trust 2018-7FRB</title>
        <cusip>46650AAL7</cusip>
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          <isin value="US46650AAL70"/>
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        <balance>7504007.65000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-04-25</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>VERSCEND HOLDING CORP</name>
        <lei>N/A</lei>
        <title>Verscend Holding Corp</title>
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          <isin value="US92531HAD98"/>
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        <balance>496250.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>JP Morgan Seasoned Mortgage Tr</name>
        <lei>549300PO5OQO1J76ZY81</lei>
        <title>JP Morgan Seasoned Mortgage Trust 2014-1</title>
        <cusip>46643VAJ6</cusip>
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          <isin value="US46643VAJ61"/>
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        <balance>4749474.71000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-05-25</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>MVW Owner Trust</name>
        <lei>N/A</lei>
        <title>MVW Owner Trust 2019-1</title>
        <cusip>55389PAA7</cusip>
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        <balance>1445144.54000000</balance>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-11-20</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ERAC USA FINANCE LLC</name>
        <lei>LTKX5ODQW6Z7BQ2K1V47</lei>
        <title>ERAC USA Finance LLC</title>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-10-15</maturityDt>
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          <annualizedRt>3.30000000</annualizedRt>
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      <invstOrSec>
        <name>Encina Equipment Finance</name>
        <lei>N/A</lei>
        <title>Encina Equipment Finance 2021-1 LLC</title>
        <cusip>29253EAA0</cusip>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.50000000</annualizedRt>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae REMICS</title>
        <cusip>31394AER3</cusip>
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          <isin value="US31394AER32"/>
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        <balance>136938.25000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-25</maturityDt>
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      <invstOrSec>
        <name>COMMONBOND STUDENT LOAN TRUST</name>
        <lei>N/A</lei>
        <title>Commonbond Student Loan Trust 2016-B</title>
        <cusip>20267UAB5</cusip>
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          <isin value="US20267UAB52"/>
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        <balance>132582.30000000</balance>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>EDELMAN FINANCIAL CENTER</name>
        <lei>549300Z31KZXNP05U733</lei>
        <title>Edelman Financial Engines Center LLC/The</title>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>Oportun Funding LLC</name>
        <lei>N/A</lei>
        <title>Oportun Funding 2022-1 LLC</title>
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        <balance>9300000.00000000</balance>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</annualizedRt>
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        <name>Freddie Mac</name>
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        <name>JP Morgan Mortgage Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>FED CAISSES DESJARDINS</name>
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        <name>LOGMEIN INC</name>
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        <name>SCIENTIFIC GAMES INTERNATIO</name>
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        <title>Scientific Games International Inc</title>
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        <name>Palmer Square Loan Funding Ltd</name>
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        <fairValLevel>2</fairValLevel>
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        <name>JP Morgan Mortgage Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>MET LIFE GLOB FUNDING I</name>
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        <name>Ivy Hill Middle Market Credit</name>
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        <name>Cascade Funding Mortgage Trust</name>
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        <name>Octane Receivables Trust</name>
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        <name>BELLEMEADE RE LT</name>
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        <name>AERCAP IRELAND CAP/GLOBA</name>
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        <name>BHP Trust</name>
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        <name>FannieMae Whole Loan</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae Whole Loan</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FITNESS &amp; SPORTS CLUBS LLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>STWD 2021-SIF1 Ltd</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Newtek Small Business Loan Tru</name>
        <lei>N/A</lei>
        <title>Newtek Small Business Loan Trust 2019-1</title>
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          <isin value="US65252XAB10"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-12-25</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Allegro CLO Ltd</name>
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          <isin value="US01751AAA43"/>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Towd Point Mortgage Trust</name>
        <lei>N/A</lei>
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          <isin value="US89177HAA05"/>
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        <fairValLevel>2</fairValLevel>
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        <name>BSPRT Issuer, Ltd.</name>
        <lei>N/A</lei>
        <title>BSPRT 2021-FL7 Issuer Ltd</title>
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        <curCd>USD</curCd>
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        <assetCat>ABS-CBDO</assetCat>
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        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Towd Point Asset Trust 2018-SL</name>
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        <assetCat>ABS-O</assetCat>
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        <fairValLevel>2</fairValLevel>
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        <name>CNT HOLDINGS I CORP</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>CROCS INC</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>LONGPOINT RE LTD III</name>
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        <name>ALLIANT HOLDINGS INTERMEDI</name>
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        <name>Fannie Mae</name>
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        <name>GRIFOLS WORLDWIDE OPERAT</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Home Re Ltd</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Oportun Funding LLC</name>
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        <name>RESIDEO FUNDING INC</name>
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        <title>Resideo Funding Inc</title>
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        <fairValLevel>2</fairValLevel>
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        <name>ALLIED UNIVERSAL HOLDCO</name>
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        <title>Allied Universal Holdco LLC</title>
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        <name>Credit Acceptance Auto Loan Tr</name>
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        <name>TORONTO-DOMINION BANK</name>
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        <fairValLevel>2</fairValLevel>
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        <name>United Auto Credit Securitizat</name>
        <lei>N/A</lei>
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        <name>Freedom Financial</name>
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        <name>Octagon Investment Partners XX</name>
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        <name>Freddie Mac</name>
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        <name>Starwood Commercial Mortgage T</name>
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        <name>Z CAPITAL CREDIT PARTNERS CLO</name>
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        <name>Golub Capital Partners CLO Ltd</name>
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        <name>DNB BANK ASA</name>
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        <name>INEOS US PETROCHEM LLC</name>
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        <name>Morgan Stanley Capital I Trust</name>
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        <name>Fortress Credit Opportunities</name>
        <lei>254900D3ZKYJFB38KE25</lei>
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      <invstOrSec>
        <name>Blackbird Capital Aircraft</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Home Re Ltd</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BASKET COLLAREAL US TRI PARTY</name>
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        <fairValLevel>1</fairValLevel>
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          <transCat>Repurchase</transCat>
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        <name>Fannie Mae</name>
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        <name>Carvana Auto Receivables Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Invitation Homes Trust</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FannieMae Whole Loan</name>
        <lei>549300RF7M92JUSGM340</lei>
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        <curCd>USD</curCd>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>MCF CLO LLC</name>
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        <curCd>USD</curCd>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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        <name>Pangaea Re 2016-2, 11/30/21</name>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
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        <name>CPE 06/04/22 PRUDFDG USD F 0.31</name>
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        <fairValLevel>2</fairValLevel>
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        <name>PEARLS NETHERLANDS BIDCO</name>
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        <name>CG-CCRE Commercial Mortgage Tr</name>
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        <name>Upstart Securitization Trust</name>
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          <isin value="US91679UAA07"/>
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        <fairValLevel>2</fairValLevel>
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        <name>LendingPoint Asset Securitizat</name>
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          <isin value="US52607FAA21"/>
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        <name>321 Henderson Receivables LLC</name>
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        <title>Novae LLC</title>
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        <assetCat>LON</assetCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>OUTFRONT MEDIA CAPITAL L</name>
        <lei>5493005WC7J0FDMW0610</lei>
        <title>Outfront Media Capital LLC</title>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Eagle Re Ltd</name>
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      <invstOrSec>
        <name>Bankers Healthcare Group Secur</name>
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      <invstOrSec>
        <name>VISION SOLUTIONS INC</name>
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        <name>TREASURY BILL</name>
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        <title>United States Treasury Bill</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Natixis Commercial Mortgage Se</name>
        <lei>N/A</lei>
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        <name>Freddie Mac</name>
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        <curCd>USD</curCd>
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        <name>HERBIE RE LTD</name>
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        <invCountry>BM</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PIKE CORP</name>
        <lei>549300P4EKEP6HK0NC58</lei>
        <title>Pike Corp</title>
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        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae REMICS</title>
        <cusip>31359RU67</cusip>
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        <invCountry>US</invCountry>
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          <couponKind>Floating</couponKind>
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        <name>Freedom Financial</name>
        <lei>N/A</lei>
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        <name>CITIGROUP INC</name>
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        <title>Citigroup Inc</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>GARDA WORLD SECURITY</name>
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        <title>Garda World Security Corp</title>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Pepper Residential Securities</name>
        <lei>N/A</lei>
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        <cusip>71336WAA3</cusip>
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        <invCountry>AU</invCountry>
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        <name>BELLEMEADE RE LT</name>
        <lei>N/A</lei>
        <title>Bellemeade Re 2020-4 Ltd</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <name>Harambee Re 2019, 12/31/22</name>
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        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae REMICS</title>
        <cusip>31395DVV8</cusip>
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        <balance>152984.59000000</balance>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <debtSec>
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        <name>Genesis Sales Finance Master T</name>
        <lei>N/A</lei>
        <title>Genesis Sales Finance Master Trust</title>
        <cusip>37186XAK1</cusip>
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        <balance>12000000.00000000</balance>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.20000000</annualizedRt>
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        <name>Fannie Mae</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Home Re Ltd</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>JPMorgan Chase Bank, NA - CACL</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Fannie Mae - CAS</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-11-25</maturityDt>
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      <invstOrSec>
        <name>Arbor Realty Collateralized Lo</name>
        <lei>N/A</lei>
        <title>Arbor Realty Commercial Real Estate Notes 2021-FL4 Ltd</title>
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          <isin value="US03880RAJ86"/>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-11-15</maturityDt>
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      <invstOrSec>
        <name>Freddie Mac</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddie Mac REMICS</title>
        <cusip>31397ASY0</cusip>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-09-15</maturityDt>
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      <invstOrSec>
        <name>WIRECO WORLDGROUP INC</name>
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        <title>WireCo WorldGroup Inc</title>
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        <assetCat>LON</assetCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Sutherland Commercial Mortgage</name>
        <lei>N/A</lei>
        <title>Sutherland Commercial Mortgage Loans 2017-SBC6</title>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-05-25</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>Springcastle SPV</name>
        <lei>N/A</lei>
        <title>SpringCastle America Funding LLC</title>
        <cusip>85022WAP9</cusip>
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        <balance>2707105.10000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-09-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.97000000</annualizedRt>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae REMICS</title>
        <cusip>31396VZF8</cusip>
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          <isin value="US31396VZF83"/>
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        <balance>94236.29000000</balance>
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        <curCd>USD</curCd>
        <valUSD>94496.65000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-05-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.85657000</annualizedRt>
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      <invstOrSec>
        <name>BOWLINE RE 2018</name>
        <lei>5493000WTDK6ETSBYF03</lei>
        <title>Bowline Re Ltd Series 2018-1</title>
        <cusip>10260PAA6</cusip>
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          <isin value="US10260PAA66"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>BM</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-05-23</maturityDt>
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          <annualizedRt>5.29046500</annualizedRt>
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        <name>Freddie Mac - STACR</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddie Mac Structured Agency Credit Risk Debt Notes</title>
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        <debtSec>
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        <name>Regatta VI Funding Ltd.</name>
        <lei>2549001NU08X5ZRD6A39</lei>
        <title>Regatta VI Funding Ltd</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>Gracie Point International Fun</name>
        <lei>N/A</lei>
        <title>Gracie Point International Funding 2020-B</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-05-02</maturityDt>
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        <name>MORGAN STANLEY</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>Morgan Stanley</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Veros Auto Receivables Trust</name>
        <lei>N/A</lei>
        <title>Veros Auto Receivables Trust 2021-1</title>
        <cusip>92512BAC7</cusip>
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        <balance>2000000.00000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <name>ANZ NEW ZEALAND INTL/LDN</name>
        <lei>213800VD256NU2D97H12</lei>
        <title>ANZ New Zealand Int'l Ltd/London</title>
        <cusip>00182EBQ1</cusip>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NZ</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-02-18</maturityDt>
          <couponKind>Floating</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>VFI ABS LLC</name>
        <lei>N/A</lei>
        <title>VFI ABS 2022-1 LLC</title>
        <cusip>91824CAA4</cusip>
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        <name>JP Morgan Seasoned Mortgage Tr</name>
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        <name>WIN WASTE INNOVATIONS HO</name>
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        <title>Win Waste Innovations Holdings Inc</title>
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        <name>SCF Equipment Trust Llc</name>
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        <name>Woburn Re 2018, 12/31/21</name>
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        <name>Fannie Mae</name>
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        <name>JPMorgan Chase Bank, NA - CACL</name>
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        <name>MATTERHORN RE LTD</name>
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        <name>Adare Re 2022 12/31/27</name>
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        <name>INTESA SANPAOLO SPA</name>
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        <title>Intesa Sanpaolo SpA</title>
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        <invCountry>IT</invCountry>
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        <name>VOLKSWAGEN GROUP AMERICA</name>
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        <title>Volkswagen Group of America Finance LLC</title>
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        <name>HYATT HOTELS CORP</name>
        <lei>T27JQIMTYSH41TCD5186</lei>
        <title>Hyatt Hotels Corp</title>
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        <name>Symphony CLO Ltd</name>
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        <title>California Street CLO IX LP</title>
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        <name>Eagle Re Ltd</name>
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      <invstOrSec>
        <name>THE TORONTO-DOMINION BANK</name>
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        <name>Fannie Mae</name>
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        <name>Fannie Mae - CAS</name>
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        <name>MLCC Mortgage Investors Inc</name>
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        <name>Morgan Stanley Residential Mor</name>
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        <name>Fannie Mae</name>
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        <title>Fannie Mae REMICS</title>
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        <name>GO DADDY OPERATING CO LLC</name>
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        <name>Berwick Re 2022, 12/31/27</name>
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        <name>Freddie Mac - STACR</name>
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        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae REMICS</title>
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        <name>MF1 Multifamily Housing Mortga</name>
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        <name>NATWEST GROUP PLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>INTL BK RECON &amp; DEVELOP</name>
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        <name>Pear LLC</name>
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        <name>Neuberger Berman CLO Ltd</name>
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        <name>Freddie Mac</name>
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        <name>Purchasing Power Funding</name>
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        <name>CIGNA CORP</name>
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        <title>Cigna Corp</title>
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        <name>Pangaea Re 2019-3, 7/1/23</name>
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        <name>CLEAN HARBORS INC</name>
        <lei>5493000SJVZVZJKHJF48</lei>
        <title>Clean Harbors Inc</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Freedom Financial</name>
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      <invstOrSec>
        <name>Oasis Securitisation</name>
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      <invstOrSec>
        <name>EDEN RE II LTD</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CG-CCRE Commercial Mortgage Tr</name>
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      <invstOrSec>
        <name>Owl Rock CLO Ltd</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Eagle Re Ltd</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Austin Fairmont Hotel Trust</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SUSSEX CAP UK PCC LTD</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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        <name>TRANS UNION LLC</name>
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      <invstOrSec>
        <name>Thopas Re 2019, 12/31/22</name>
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        <fairValLevel>3</fairValLevel>
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        <name>Marlette Funding Trust</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>THE TORONTO-DOMINION BANK</name>
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        <title>BASKET COLLAREAL US TRI PARTY</title>
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        <name>ENERGY TRANSFER LP</name>
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          <couponKind>Fixed</couponKind>
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        <name>BP CAPITAL MARKETS PLC</name>
        <lei>549300CRVT18MXX0AG93</lei>
        <title>BP Capital Markets PLC</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Bear Stearns Mortgage Securiti</name>
        <lei>N/A</lei>
        <title>Bear Stearns Mortgage Securities Inc</title>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <name>XCALI 2020-2 Mortgage Trust</name>
        <lei>N/A</lei>
        <title>XCALI 2020-2 Mortgage Trust</title>
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        <balance>13500000.00000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-02-07</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Bantry Re 2022</name>
        <lei>N/A</lei>
        <title>Bantry Re 2022</title>
        <cusip>000000000</cusip>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3051401.24000000</valUSD>
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        <invCountry>BM</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>SANDERS RE II LTD</name>
        <lei>254900VRQU0N0MF3CT92</lei>
        <title>Sanders RE II Ltd</title>
        <cusip>80000WAA9</cusip>
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        <invCountry>BM</invCountry>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>Nelnet Private Education Loan</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>DIAMOND BC BV</name>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>Multifamily Structured Credit</name>
        <lei>N/A</lei>
        <title>Freddie Mac Multifamily Structured Credit Risk</title>
        <cusip>35563FAA9</cusip>
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          <isin value="US35563FAA93"/>
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        <balance>1287141.52000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-01-25</maturityDt>
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      <invstOrSec>
        <name>Radnor Re LTD</name>
        <lei>N/A</lei>
        <title>Radnor RE 2021-1 Ltd</title>
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        <balance>1790000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-12-27</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Owl Rock CLO Ltd</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-04-20</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>BANK OF NOVA SCOTIA</name>
        <lei>L3I9ZG2KFGXZ61BMYR72</lei>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>NOVAE LLC</name>
        <lei>N/A</lei>
        <title>Novae LLC</title>
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          <isin value="US66988QAC33"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-22</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.50000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>PROTECTIVE LIFE GLOBAL</name>
        <lei>635400EVYITCJYWL2I50</lei>
        <title>Protective Life Global Funding</title>
        <cusip>74368CBM5</cusip>
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          <isin value="US74368CBM55"/>
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        <balance>9030000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-03-28</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Social Professional Loan Progr</name>
        <lei>549300WT845S0N68C331</lei>
        <title>Sofi Professional Loan Program 2016-B LLC</title>
        <cusip>83402JAA6</cusip>
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          <isin value="US83402JAA60"/>
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        <balance>407567.40000000</balance>
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        <curCd>USD</curCd>
        <valUSD>408003.05000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-06-25</maturityDt>
          <couponKind>Floating</couponKind>
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        <name>SANDERS RE III LTD</name>
        <lei>N/A</lei>
        <title>Sanders Re III Ltd</title>
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          <isin value="US80000XAA72"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-04-07</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Westgate Resorts</name>
        <lei>N/A</lei>
        <title>Westgate Resorts 2022-1 LLC</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <name>ABPCI Direct Lending Fund CLO</name>
        <lei>N/A</lei>
        <title>ABPCI DIRECT LENDING FUND CLO V LTD</title>
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          <isin value="US000807AU17"/>
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        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <name>COMMONBOND STUDENT LOAN TRUST</name>
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        <title>Commonbond Student Loan Trust 2017-A-GS</title>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>CAPE LOOKOUT RE LTD</name>
        <lei>N/A</lei>
        <title>Cape Lookout Re Ltd</title>
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        <invCountry>BM</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>GS Mortgage Securities Trust</name>
        <lei>N/A</lei>
        <title>GS Mortgage Securities Trust 2018-HART</title>
        <cusip>36259DAA1</cusip>
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          <isin value="US36259DAA19"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Starvest Emerging Markets CBO</name>
        <lei>N/A</lei>
        <title>STAR 2021-SFR2 Trust</title>
        <cusip>78474LAA4</cusip>
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        <balance>4837936.93000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4831422.65000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>VITALITY RE XI LTD</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Fannie Mae</name>
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        <name>TOYOTA MOTOR CREDIT CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Carnoustie Re 2022</name>
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        <name>Allegro CLO Ltd</name>
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        <name>InTown Hotel Portfolio Trust</name>
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        <name>OSCAR US Funding Trust</name>
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        <name>LCM Ltd Partnership</name>
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        <name>Atlas Senior Loan Fund LTD</name>
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        <name>VOLKSWAGEN GROUP AMERICA</name>
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        <name>Oasis Securitisation</name>
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        <name>BNP PARIBAS</name>
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        <name>Freddie Mac</name>
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        <title>Freddie Mac REMICS</title>
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        <name>TRUIST BANK</name>
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        <title>Truist Bank</title>
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      <invstOrSec>
        <name>FIRST COAST RE II PTE</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Genworth Mortgage Insurance Co</name>
        <lei>N/A</lei>
        <title>Traingle Re 2021-1 Ltd</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BELLEMEADE RE LT</name>
        <lei>N/A</lei>
        <title>Bellemeade Re 2020-4 Ltd</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>AKIBARE RE LTD</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CAESARS RESORT COLLECTIO</name>
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        <title>Caesars Resort Collection LLC</title>
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        <assetCat>LON</assetCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CLEAR CHANNEL OUTDOOR HO</name>
        <lei>N/A</lei>
        <title>Clear Channel Outdoor Holdings Inc</title>
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        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MERNA REINSURANCE II LTD</name>
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        <title>Merna Reinsurance II Ltd</title>
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        <invCountry>BM</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Isosceles Re 2021-A1, 5/31/25</name>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>Ellington CLO LTD</name>
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        <title>Ellington Clo III Ltd</title>
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        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-07-20</maturityDt>
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      <invstOrSec>
        <name>Delta Funding Home Equity Loan</name>
        <lei>N/A</lei>
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        <name>AETNA INC</name>
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        <title>Aetna Inc</title>
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        <name>HARSCO CORP</name>
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        <title>Harsco Corp</title>
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        <name>Atalaya Equipment Leasing Fund</name>
        <lei>N/A</lei>
        <title>Atalaya Equipment Leasing Trust 21-1</title>
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        <name>PRINCIPAL LFE GLB FND II</name>
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        <name>Fortress Credit Opportunities</name>
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        <title>Fortress Credit Opportunities IX CLO Ltd</title>
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        <name>Nelnet Student Loan Trust</name>
        <lei>N/A</lei>
        <title>Nelnet Student Loan Trust 2021-D</title>
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      <invstOrSec>
        <name>Credito Real USA Auto Receivab</name>
        <lei>N/A</lei>
        <title>Credito Real USA Auto Receivables Trust 2021-1</title>
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      <invstOrSec>
        <name>Freddie Mac</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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        <balance>209298.60000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CIG Auto Receivables Trust</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>MORGAN STANLEY</name>
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        <title>Morgan Stanley</title>
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          <isin value="US61744YAH18"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GS Mortgage Securities Trust</name>
        <lei>N/A</lei>
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          <isin value="US36258BAA61"/>
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      <invstOrSec>
        <name>Freddiemac Strip</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddie Mac Strips</title>
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          <isin value="US3128HWJT51"/>
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      <invstOrSec>
        <name>Carvana Auto Receivables Trust</name>
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        <name>RESIDENTIAL RE 2020 LTD</name>
        <lei>N/A</lei>
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        <invCountry>KY</invCountry>
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      <invstOrSec>
        <name>LoanCore 2019-CRE2 Issuer, Ltd</name>
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      <invstOrSec>
        <name>Carvana Auto Receivables Trust</name>
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        <name>EDEN RE II LTD</name>
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        <name>AMERICAN TRAILER WORLD</name>
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      <invstOrSec>
        <name>SLM Student Loan Trust</name>
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        <name>Cascade Funding Mortgage Trust</name>
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        <title>Cascade Funding Mortgage Trust 2021-HB6</title>
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      <invstOrSec>
        <name>Conn Funding II, L.P</name>
        <lei>N/A</lei>
        <title>Conn's Receivables Funding 2020-A LLC</title>
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        <name>Prodigy Finance Designated Act</name>
        <lei>635400HTAZNW3LYYMQ40</lei>
        <title>Prodigy Finance CM2021-1 DAC</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae REMICS</title>
        <cusip>31392BVY9</cusip>
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        <balance>79727.10000000</balance>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>JP Morgan Chase Commercial Mor</name>
        <lei>N/A</lei>
        <title>JP Morgan Chase Commercial Mortgage Securities Trust 2019-BKWD</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Oaktown Re Ltd</name>
        <lei>254900KOPN6EP9T3LD85</lei>
        <title>Oaktown Re II Ltd</title>
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          <isin value="US67400CAC29"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-07-25</maturityDt>
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      <invstOrSec>
        <name>RAAC Series</name>
        <lei>N/A</lei>
        <title>RAAC Series 2006-RP1 Trust</title>
        <cusip>76112B2W9</cusip>
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          <isin value="US76112B2W92"/>
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        <assetCat>ABS-O</assetCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Freddie Mac</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddie Mac REMICS</title>
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          <isin value="US31395U2S93"/>
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        <balance>255685.69000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-05-15</maturityDt>
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      <invstOrSec>
        <name>NEXTERA ENERGY CAPITAL</name>
        <lei>UMI46YPGBLUE4VGNNT48</lei>
        <title>NextEra Energy Capital Holdings Inc</title>
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          <isin value="US65339KBX72"/>
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        <balance>6500000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MACQUARIE GROUP LTD</name>
        <lei>ACMHD8HWFMFUIQQ8Y590</lei>
        <title>Macquarie Group Ltd</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-10-14</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.79658600</annualizedRt>
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      <invstOrSec>
        <name>LSTAR Securities Investment Lt</name>
        <lei>N/A</lei>
        <title>LSTAR Securities Investment Ltd 2021-2</title>
        <cusip>54912PAA6</cusip>
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          <isin value="US54912PAA66"/>
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        <balance>9369936.31000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-03-02</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.93057000</annualizedRt>
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      <invstOrSec>
        <name>NORTHWESTERN MUTUAL GLBL</name>
        <lei>635400LZXFVELZDVP257</lei>
        <title>Northwestern Mutual Global Funding</title>
        <cusip>66815L2C2</cusip>
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          <isin value="US66815L2C20"/>
          <other otherDesc="SEDOL" value="BMFNNS6"/>
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        <balance>9350000.00000000</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>2024-03-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.60714800</annualizedRt>
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      <invstOrSec>
        <name>BELLEMEADE RE LT</name>
        <lei>N/A</lei>
        <title>Bellemeade RE 2021-3 Ltd</title>
        <cusip>078777AA7</cusip>
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          <isin value="US078777AA70"/>
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        <balance>4860208.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4790061.10000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-09-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.09900000</annualizedRt>
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      <invstOrSec>
        <name>Golub Capital Partners CLO Ltd</name>
        <lei>254900VU8TXTV5P0H178</lei>
        <title>Golub Capital Partners CLO 34M Ltd</title>
        <cusip>38172FAA6</cusip>
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          <isin value="US38172FAA66"/>
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        <balance>10000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9950090.00000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-14</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.83975000</annualizedRt>
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      <invstOrSec>
        <name>BRAVO Residential Funding Trus</name>
        <lei>N/A</lei>
        <title>BRAVO Residential Funding Trust 2021-NQM2</title>
        <cusip>10569EAB7</cusip>
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          <isin value="US10569EAB74"/>
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        <balance>1209364.16000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2060-03-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.28000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BELLEMEADE RE LT</name>
        <lei>254900SCWI9IDKK5LV64</lei>
        <title>Bellemeade Re 2019-3 Ltd</title>
        <cusip>07877GAD1</cusip>
        <identifiers>
          <isin value="BM07877GAD19"/>
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        <balance>2800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2774692.48000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.95657000</annualizedRt>
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      <invstOrSec>
        <name>INTEGRITY RE LTD</name>
        <lei>N/A</lei>
        <title>Integrity Re Ltd</title>
        <cusip>45869RAA3</cusip>
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          <isin value="US45869RAA32"/>
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        <balance>7450000.00000000</balance>
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        <invCountry>BM</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-06-10</maturityDt>
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          <annualizedRt>4.80300000</annualizedRt>
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      <invstOrSec>
        <name>Mercury Financial Credit Card</name>
        <lei>N/A</lei>
        <title>Mercury Financial Credit Card Master Trust</title>
        <cusip>58940BAB2</cusip>
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          <isin value="US58940BAB27"/>
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        <balance>7000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6806259.60000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-03-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.33000000</annualizedRt>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae REMICS</title>
        <cusip>31396XNE0</cusip>
        <identifiers>
          <isin value="US31396XNE03"/>
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        <balance>73351.48000000</balance>
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        <curCd>USD</curCd>
        <valUSD>73968.01000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-09-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.02657000</annualizedRt>
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        <securityLending>
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        <name>UNICREDIT SPA</name>
        <lei>549300TRUWO2CD2G5692</lei>
        <title>UniCredit SpA</title>
        <cusip>904678AA7</cusip>
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          <isin value="US904678AA77"/>
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        <balance>17391000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>17394909.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-04-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae REMICS</title>
        <cusip>31397QL30</cusip>
        <identifiers>
          <isin value="US31397QL303"/>
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        <balance>4136.35000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4137.74000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-05-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.00657000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>API GROUP DE INC</name>
        <lei>549300XP4G7B4QYA0G83</lei>
        <title>APi Group DE Inc</title>
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        <name>Fannie Mae</name>
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        <name>ReadyCap Commercial Mortgage T</name>
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        <name>Wells Fargo Commercial Mortgag</name>
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        <name>Revolving Single Family Home N</name>
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        <name>Freddie Mac</name>
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        <name>Genworth Mortgage Insurance Co</name>
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        <title>Traingle Re 2021-1 Ltd</title>
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        <name>Gosforth Funding plc</name>
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        <name>ABPCI Direct Lending Fund CLO</name>
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        <name>GENERAL MOTORS FINL CO</name>
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        <name>Security National Mortgage Loa</name>
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        <name>MF1 Multifamily Housing Mortga</name>
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        <name>Genworth Mortgage Insurance Co</name>
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        <title>Triangle Re 2021-3 Ltd</title>
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        <name>Freddie Mac</name>
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        <name>BELLEMEADE RE LT</name>
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      <invstOrSec>
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        <name>Fannie Mae</name>
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        <name>Upstart Securitization Trust</name>
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        <name>ReadyCap Commercial Mortgage T</name>
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        <name>LendingPoint Asset Securitizat</name>
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        <name>M360 2019-CRE2, LLC</name>
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        <name>Social Professional Loan Progr</name>
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        <name>Pepper Residential Securities</name>
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        <name>Great Wolf Trust</name>
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        <name>Freddie Mac - STACR</name>
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        <title>Freddie Mac Structured Agency Credit Risk Debt Notes</title>
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        <name>STATION CASINOS LLC</name>
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        <name>Resimac</name>
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        <name>PITNEY BOWES INC</name>
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        <title>Pitney Bowes Inc</title>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
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        <name>ING GROEP NV</name>
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        <name>US TREASURY FRN</name>
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        <issuerCat>UST</issuerCat>
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        <name>Freddie Mac</name>
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        <name>Freddie Mac</name>
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        <fairValLevel>2</fairValLevel>
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        <name>BMW US CAPITAL LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>NATWEST MARKETS PLC</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Resimac</name>
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        <name>Westgate Resorts</name>
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        <name>STANDARD CHARTERED PLC</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>Credit Suisse Mortgage Trust</name>
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        <title>Credit Suisse Mortgage Capital Certificates 2019-ICE4</title>
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        <name>Revolving Single Family Home N</name>
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        <name>OEC FINANCE US LLC</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>

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        <name>Mercury Financial Credit Card</name>
        <lei>N/A</lei>
        <title>Mercury Financial Credit Card Master Trust</title>
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        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae REMICS</title>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>MIZUHO FINANCIAL GROUP</name>
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        <name>Arbor Realty Collateralized Lo</name>
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        <name>SOCIETE GENERALE</name>
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        <name>Fannie Mae</name>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NMN HOLDINGS III CORP</name>
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      <invstOrSec>
        <name>Fannie Mae</name>
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      <invstOrSec>
        <name>CPE 11/04/22 CNQL USD F 1.04</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>ROYAL BANK OF CANADA</name>
        <lei>ES7IP3U3RHIGC71XBU11</lei>
        <title>Royal Bank of Canada</title>
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          <isin value="US78015K7M02"/>
          <other otherDesc="SEDOL" value="BMXYFJ6"/>
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        <curCd>USD</curCd>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Freddie Mac</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddie Mac REMICS</title>
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          <isin value="US31397H2N75"/>
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        <curCd>USD</curCd>
        <valUSD>13094.78000000</valUSD>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-05-15</maturityDt>
          <couponKind>Floating</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CLARK EQUIPMENT CO</name>
        <lei>549300X1FKNY520VPF71</lei>
        <title>Clark Equipment Co</title>
        <cusip>18143EAE9</cusip>
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          <isin value="US18143EAE95"/>
          <other otherDesc="INTERNAL" value="BL3220656"/>
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        <balance>93197.03000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>92978.58000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-05-18</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.84100000</annualizedRt>
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      <invstOrSec>
        <name>ENDURE DIGITAL INC</name>
        <lei>549300UTQC2651SB0W88</lei>
        <title>Endurance International Group Holdings Inc</title>
        <cusip>000000000</cusip>
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          <other otherDesc="INTERNAL" value="BL3545300"/>
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        <balance>497500.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>482885.94000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-10</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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      <invstOrSec>
        <name>ALBANY MOLECULAR RESEARCH</name>
        <lei>CHZJRCSC4ACUSUD2MV11</lei>
        <title>Curia Global Inc</title>
        <cusip>01242HAM0</cusip>
        <identifiers>
          <isin value="US01242HAM07"/>
          <other otherDesc="INTERNAL" value="BL3681378"/>
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        <balance>1487525.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1477484.21000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-30</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>MACQUARIE BANK LTD</name>
        <lei>4ZHCHI4KYZG2WVRT8631</lei>
        <title>Macquarie Bank Ltd</title>
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          <isin value="US55608PBK93"/>
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        <balance>7140000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7179270.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-03-21</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Tidewater Auto Receivables Tru</name>
        <lei>549300045J2AQZL8DT48</lei>
        <title>Tidewater Auto Receivables Trust 2018-A</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>
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          <couponKind>Fixed</couponKind>
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        <name>AIR LEASE CORP</name>
        <lei>5493004NW4M4P8TMMK63</lei>
        <title>Air Lease Corp</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>Freddie Mac</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddie Mac REMICS</title>
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        <issuerCat>USGSE</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae REMICS</title>
        <cusip>31392BNE2</cusip>
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        <balance>45925.49000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Freddiemac Strip</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddie Mac Strips</title>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-08-15</maturityDt>
          <couponKind>Floating</couponKind>
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        <name>InTown Hotel Portfolio Trust</name>
        <lei>N/A</lei>
        <title>InTown Hotel Portfolio Trust 2018-STAY</title>
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        <curCd>USD</curCd>
        <valUSD>4209822.05000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-01-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.84700000</annualizedRt>
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      <invstOrSec>
        <name>ICON LUXEMBOURG SARL</name>
        <lei>635400PUWMHSPI2DDA35</lei>
        <title>ICON Luxembourg Sarl</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XAL5000DAC10"/>
          <other otherDesc="INTERNAL" value="BL3573849"/>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
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        <invCountry>LU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-01</maturityDt>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae REMICS</title>
        <cusip>31396PJX0</cusip>
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        <balance>109034.84000000</balance>
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        <valUSD>108567.83000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-02-25</maturityDt>
          <couponKind>Floating</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>Government National Mortgage A</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Government National Mortgage Association</title>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>PETCO HEALTH &amp; WELLNESS</name>
        <lei>N/A</lei>
        <title>Petco Health &amp; Wellness Co Inc</title>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-03-04</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>CSC HOLDINGS LLC</name>
        <lei>3HG2WD2W22M120IUNG49</lei>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-01-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.64657000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SYLVAMO CORP</name>
        <lei>5493001AOYU1ZOWOC971</lei>
        <title>Sylvamo Corp</title>
        <cusip>87133DAC2</cusip>
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          <isin value="US87133DAC20"/>
          <other otherDesc="INTERNAL" value="BL3689793"/>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-13</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Freddie Mac - STACR</name>
        <lei>N/A</lei>
        <title>Freddie Mac STACR REMIC Trust 2021-HQA1</title>
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          <isin value="US35564KBS78"/>
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        <balance>7550000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7254876.54000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-08-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.34900000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Fortress Credit Opportunities</name>
        <lei>N/A</lei>
        <title>Fortress Credit Opportunities XVII CLO Ltd</title>
        <cusip>34963VAA3</cusip>
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          <isin value="US34963VAA35"/>
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        <balance>10000000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-15</maturityDt>
          <couponKind>Floating</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>TVEST 2021A, LLC</name>
        <lei>N/A</lei>
        <title>TVEST 2021A LLC</title>
        <cusip>87308TAA0</cusip>
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          <isin value="US87308TAA07"/>
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        <balance>6230747.03000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.35000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Freddie Mac</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddie Mac REMICS</title>
        <cusip>31396HUM9</cusip>
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          <isin value="US31396HUM95"/>
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        <balance>91654.97000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-02-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.74657000</annualizedRt>
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      <invstOrSec>
        <name>Freddie Mac</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddie Mac REMICS</title>
        <cusip>31395LVP3</cusip>
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          <isin value="US31395LVP39"/>
          <other otherDesc="SEDOL" value="B2922H1"/>
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        <balance>103529.83000000</balance>
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        <curCd>USD</curCd>
        <valUSD>103294.84000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-01-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.64657000</annualizedRt>
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      <invstOrSec>
        <name>CIG Auto Receivables Trust</name>
        <lei>N/A</lei>
        <title>CIG Auto Receivables Trust 2021-1</title>
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          <isin value="US12598NAA00"/>
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        <balance>2771937.49000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-04-14</maturityDt>
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      <invstOrSec>
        <name>ARM Master Trust LLC</name>
        <lei>N/A</lei>
        <title>Arm Master Trust</title>
        <cusip>04206RAD6</cusip>
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          <isin value="US04206RAD61"/>
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        <balance>692320.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae REMICS</title>
        <cusip>31396XXM1</cusip>
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          <isin value="US31396XXM19"/>
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        <curCd>USD</curCd>
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        <issuerCat>USGSE</issuerCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>ATHENAHEALTH GROUP INC</name>
        <lei>254900AA3KZN4Q7A5Z33</lei>
        <title>AthenaHealth Group Inc</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ISOSCELES INS LTD</name>
        <lei>549300Z6XR6RO3X4DF96</lei>
        <title>Isosceles Insurance Ltd</title>
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          <isin value="XS2364514294"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>BM</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Amur Equipment Finance Receiva</name>
        <lei>5493008OAETJ1UTO4Q72</lei>
        <title>Amur Equipment Finance Receivables VII LLC</title>
        <cusip>03237MAC4</cusip>
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        <balance>4000000.00000000</balance>
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        <valUSD>3995884.40000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-03-20</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SITEL WORLDWIDE CORP</name>
        <lei>5493007DS8CM3ZGION43</lei>
        <title>Sitel Worldwide Corp</title>
        <cusip>000000000</cusip>
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        <name>Merrill Lynch Mortgage Investo</name>
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        <name>GLS Auto Receivables Trust</name>
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        <name>CORNERSTONE BUILDING</name>
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        <name>Fannie Mae</name>
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        <name>Octane Receivables Trust</name>
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        <name>Fannie Mae</name>
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        <name>Mission Lane Credit Card Maste</name>
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        <name>ECHO GLOBAL LOGISTICS</name>
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        <title>Echo Global Logistics Inc</title>
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      <invstOrSec>
        <name>Freddie Mac</name>
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      <invstOrSec>
        <name>Fannie Mae</name>
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        <name>Freddie Mac</name>
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        <name>321 Henderson Receivables LLC</name>
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        <name>BPCE SA</name>
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        <name>Fannie Mae</name>
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        <name>MKS INSTRUMENTS INC</name>
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        <name>JPMorgan Chase Bank, NA - CACL</name>
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        <name>WALT DISNEY COMPANY/THE</name>
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        <title>Walt Disney Co/The</title>
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        <name>Conn Funding II, L.P</name>
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        <name>Freddie Mac</name>
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        <title>Freddie Mac REMICS</title>
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        <name>EASTON RE PTE LTD</name>
        <lei>N/A</lei>
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        <name>Morgan Stanley Home Equity Loa</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Merion Re 2022-2</name>
        <lei>N/A</lei>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>TRUIST BANK</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MCF CLO LLC</name>
        <lei>N/A</lei>
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        <balance>2500000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MF1 Multifamily Housing Mortga</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>CITADEL SECURITIES LP</name>
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      <invstOrSec>
        <name>BOARD OF TRADE OF THE CITY OF CHICAGO, INC.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>PADAGIS LLC</name>
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        <name>Freddie Mac</name>
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        <name>CAPITAL ONE FINANCIAL CO</name>
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        <name>Radnor Re LTD</name>
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        <name>RUSSELL INVESTMENTS US</name>
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        <title>Russell Investments US Institutional Holdco Inc</title>
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        <name>DAIMLER TRUCKS FINAN NA</name>
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        <name>Pawnee Equipment Receivables</name>
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        <name>GENERAL MOTORS FINL CO</name>
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        <title>General Motors Financial Co Inc</title>
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        <name>Conn Funding II, L.P</name>
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        <name>National Collegiate Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Woodmont Trust</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>RESILIENCE RE LTD</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FannieMae Whole Loan</name>
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        <issuerCat>USGSE</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <name>Resimac</name>
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        <name>Gleneagles Re 2022</name>
        <lei>N/A</lei>
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        <fairValLevel>3</fairValLevel>
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        <name>Tharaldson Hotel Portfolio Tru</name>
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        <name>CREDIT SUISSE GROUP AG</name>
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        <name>DISCOVER BANK</name>
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        <name>BAUSCH HEALTH AMERICAS</name>
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        <title>Bausch Health Americas Inc</title>
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        <name>STATE STREET CORP</name>
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        <name>Fannie Mae</name>
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        <name>Tricolor Auto Securitization T</name>
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        <name>MATTERHORN RE LTD</name>
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        <name>ReadyCap Commercial Mortgage T</name>
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        <name>BOWLINE RE 2019</name>
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        <name>CAPITAL ONE FINANCIAL CO</name>
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      <invstOrSec>
        <name>FannieMae Whole Loan</name>
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        <name>Newtek Small Business Loan Tru</name>
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        <name>Fannie Mae</name>
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        <name>Greywolf CLO Ltd</name>
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        <name>Fannie Mae</name>
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        <name>Social Professional Loan Progr</name>
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        <name>RMF Buyout Issuance Trust</name>
        <lei>N/A</lei>
        <title>RMF Buyout Issuance Trust 2021-HB1</title>
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        <name>Gold Key Resorts LLC</name>
        <lei>549300MORAF4RGEXUA95</lei>
        <title>Gold Key Resorts 2014-A LLC</title>
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      <invstOrSec>
        <name>Freddie Mac</name>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <name>Home Re Ltd</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Chase Mortgage Finance Corpora</name>
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        <name>NEXTERA ENERGY CAPITAL</name>
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        <name>SKOPIMA CONSILIO PARENT</name>
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        <name>Freddiemac Strip</name>
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        <title>Freddie Mac Strips</title>
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        <name>MYSTIC RE IV LTD</name>
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        <name>STWD 2021-SIF1 Ltd</name>
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        <name>Regatta XXIII Funding Ltd</name>
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        <name>Gracie Point International Fun</name>
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        <name>Pawnee Equipment Receivables</name>
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        <name>NMEF Funding LLC</name>
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        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae REMICS</title>
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        <name>LendingPoint Pass-Through Trus</name>
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        <name>Freddie Mac</name>
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        <name>IXS HOLDINGS INC</name>
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        <name>Fannie Mae</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>BONANZA RE LTD</name>
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        <name>Fannie Mae</name>
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        <name>Pangaea Re 2018-3, 7/1/22</name>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
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        <name>Elmwood CLO IV Ltd</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-04-15</maturityDt>
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        <name>Eagle Re Ltd</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Z CAPITAL CREDIT PARTNERS CLO</name>
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        <name>Lion Rock Re 2019, 1/31/22</name>
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        <name>CAELUS RE V LTD</name>
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        <name>Freddie Mac</name>
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        <name>Freddie Mac - STACR</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddie Mac Structured Agency Credit Risk Debt Notes</title>
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        <name>Purchasing Power Funding</name>
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        <name>BONANZA RE LTD</name>
        <lei>5493003F0CXUQ2C83105</lei>
        <title>Bonanza RE Ltd</title>
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      <invstOrSec>
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      <invstOrSec>
        <name>Fannie Mae</name>
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      <invstOrSec>
        <name>Navistar Financial Dealer Note</name>
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        <name>SOUTHWESTERN ENERGY CO</name>
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        <name>CATALENT PHARMA SOLUTION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Santander Consumer Auto Receiv</name>
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        <name>FLEXERA SOFTWARE LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>NEXTERA ENERGY CAPITAL</name>
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        <name>Freddie Mac</name>
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        <title>Freddie Mac REMICS</title>
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        <name>Golub Capital Partners CLO Ltd</name>
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        <name>JP Morgan Chase Commercial Mor</name>
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        <name>CWGS GROUP LLC</name>
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        <name>Pangaea Re 2022-1</name>
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        <name>Credit Suisse First Boston Mor</name>
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        <name>RESIDENTIAL RE 21 LTD</name>
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        <name>GS Mortgage Securities Trust</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NORTHSHORE RE II LTD</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ZH Trust</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>COMMONBOND STUDENT LOAN TRUST</name>
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        <fairValLevel>2</fairValLevel>
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        <name>BX Trust</name>
        <lei>N/A</lei>
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          <isin value="US056058AG54"/>
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        <balance>9300000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MLCC Mortgage Investors Inc</name>
        <lei>N/A</lei>
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          <isin value="US5899295X29"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Consumer Loan Underlying Bond</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MAGENTA BUYER LLC</name>
        <lei>N/A</lei>
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        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>GARDNER DENVER INC</name>
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        <title>Gardner Denver Inc</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Westlake Automobile Receivable</name>
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        <title>Westlake Automobile Receivables Trust 2022-1</title>
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          <isin value="US96042WAC10"/>
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        <fairValLevel>2</fairValLevel>
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        <name>SLM Student Loan Trust</name>
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        <title>SLM Private Credit Student Loan Trust 2007-A</title>
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        <name>USASF Receivables LLC</name>
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        <name>XPLORNET COMMUNICATIONS</name>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>FHF Trust 2020-1</name>
        <lei>N/A</lei>
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        <name>Fannie Mae</name>
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        <title>Fannie Mae REMICS</title>
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        <curCd>USD</curCd>
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        <issuerCat>USGSE</issuerCat>
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        <name>Neuberger Berman CLO Ltd</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>BANK OF AMERICA CORP</name>
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        <title>Bank of America Corp</title>
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        <balance>5237000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>TOYOTA MOTOR CREDIT CORP</name>
        <lei>Z2VZBHUMB7PWWJ63I008</lei>
        <title>Toyota Motor Credit Corp</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Invitation Homes Trust</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CREDIT SUISSE NEW YORK</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ADS Tactical Inc</name>
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        <name>Westgate Resorts</name>
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      <invstOrSec>
        <name>Freddie Mac</name>
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        <name>STARS GROUP HOLDINGS BV</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>NewRez Warehouse Securitizatio</name>
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        <name>Fannie Mae - CAS</name>
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        <name>CARDINAL HEALTH INC</name>
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        <name>HORIZON THERAPEUTICS USA</name>
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        <name>Oaktown Re Ltd</name>
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        <name>Cascade Funding Mortgage Trust</name>
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        <name>NCR CORP</name>
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        <name>BPCE SA</name>
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        <name>BNP PARIBAS</name>
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        <title>BNP Paribas SA</title>
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        <name>Home Re Ltd</name>
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        <title>Home RE 2020-1 Ltd</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Small Business Lending Trust</name>
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        <title>Small Business Lending Trust 2020-A</title>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>BTH Mortgage-Backed Securities</name>
        <lei>N/A</lei>
        <title>BTH-3 Mortgage-Backed Securities Trust</title>
        <cusip>05586MAA0</cusip>
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          <isin value="US05586MAA09"/>
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        <balance>5884924.72000000</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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      </invstOrSec>
      <invstOrSec>
        <name>BOEING CO</name>
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        <title>Boeing Co/The</title>
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        <balance>10000000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>ELANCO ANIMAL HEALTH INC</name>
        <lei>549300SHPNDCE059M934</lei>
        <title>Elanco Animal Health Inc</title>
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          <isin value="US28414BAF31"/>
          <other otherDesc="INTERNAL" value="BL3128180"/>
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        <balance>2833574.40300000</balance>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-01</maturityDt>
          <couponKind>Floating</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Starwood Commercial Mortgage T</name>
        <lei>N/A</lei>
        <title>STWD 2021-SIF2 Ltd</title>
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          <isin value="US85237MAA53"/>
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        <balance>12000000.00000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>BANK OF NOVA SCOTIA</name>
        <lei>L3I9ZG2KFGXZ61BMYR72</lei>
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        <balance>8000000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>EASTERN POWER LLC</name>
        <lei>5493000R3E1L1VM1V279</lei>
        <title>Eastern Power LLC</title>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-10-02</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.75600000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BONANZA RE LTD</name>
        <lei>5493003F0CXUQ2C83105</lei>
        <title>Bonanza RE Ltd</title>
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          <isin value="US09785EAJ01"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>249875.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-03-16</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Navient Student Loan Trust</name>
        <lei>N/A</lei>
        <title>Navient Student Loan Trust 2021-1</title>
        <cusip>63942NAB4</cusip>
        <identifiers>
          <isin value="US63942NAB47"/>
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        <balance>4417693.44000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4379067.34000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2069-12-26</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.05657000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Barings Middle Market CLO Ltd.</name>
        <lei>N/A</lei>
        <title>Barings Middle Market CLO Ltd 2018-I</title>
        <cusip>06761MAA5</cusip>
        <identifiers>
          <isin value="US06761MAA53"/>
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        <balance>6250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6190987.50000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-15</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>BX Trust</name>
        <lei>N/A</lei>
        <title>BXP Trust 2017-CQHP</title>
        <cusip>12433QAG9</cusip>
        <identifiers>
          <isin value="US12433QAG91"/>
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        <balance>8000000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
          <annualizedRt>1.49700000</annualizedRt>
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      <invstOrSec>
        <name>Freddie Mac - STACR</name>
        <lei>549300YG8OJES76WL398</lei>
        <title>STACR Trust 2018-HRP2</title>
        <cusip>35564ABF7</cusip>
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          <isin value="US35564ABF75"/>
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        <balance>8450000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-02-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.85657000</annualizedRt>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae REMICS</title>
        <cusip>31392F6D4</cusip>
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        <balance>80325.56000000</balance>
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        <curCd>USD</curCd>
        <valUSD>81064.07000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-12-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.05657000</annualizedRt>
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        <name>SCHWEITZER-MAUDUIT INTL INC</name>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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        <name>NATIONAL BANK OF CANADA</name>
        <lei>BSGEFEIOM18Y80CKCV46</lei>
        <title>National Bank of Canada</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>VITALITY RE X LTD</name>
        <lei>N/A</lei>
        <title>Vitality Re X Ltd</title>
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          <other otherDesc="SEDOL" value="BFMY1B2"/>
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        <balance>3500000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-01-10</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.28046500</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Cascade Funding Mortgage Trust</name>
        <lei>549300HU3WTU5KNK1B36</lei>
        <title>Cascade Funding Mortgage Trust 2019-RM3</title>
        <cusip>147271AA8</cusip>
        <identifiers>
          <isin value="US147271AA82"/>
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        <balance>108809.32000000</balance>
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        <curCd>USD</curCd>
        <valUSD>106932.93000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2069-06-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.80000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Oaktown Re Ltd</name>
        <lei>N/A</lei>
        <title>Oaktown Re VI Ltd</title>
        <cusip>67401FAC4</cusip>
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          <isin value="US67401FAC41"/>
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        <balance>5750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5722088.35000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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      </invstOrSec>
      <invstOrSec>
        <name>JP Morgan Chase Commercial Mor</name>
        <lei>N/A</lei>
        <title>JP Morgan Chase Commercial Mortgage Securities Trust 2018-WPT</title>
        <cusip>46645WAC7</cusip>
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          <isin value="US46645WAC73"/>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>FLY FUNDING II SARL</name>
        <lei>54930033GL3A930IIN33</lei>
        <title>Fly Funding II Sarl</title>
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          <isin value="XAL3953TAB07"/>
          <other otherDesc="INTERNAL" value="BL3215870"/>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>MLCC Mortgage Investors Inc</name>
        <lei>N/A</lei>
        <title>Merrill Lynch Mortgage Investors Trust Series MLCC 2004-C</title>
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          <isin value="US59020UDW27"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>EVERSOURCE ENERGY</name>
        <lei>SJ7XXD41SQU3ZNWUJ746</lei>
        <title>Eversource Energy</title>
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          <isin value="US30040WAM01"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>SECTOR RE V LTD</name>
        <lei>549300QS6XPZQHTCEJ97</lei>
        <title>Sector Re V Ltd</title>
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          <isin value="US81369ACT79"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>BM</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2024-03-01</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>ACC Auto Trust</name>
        <lei>N/A</lei>
        <title>ACC Auto Trust 2021-A</title>
        <cusip>00108XAA6</cusip>
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          <isin value="US00108XAA63"/>
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        <balance>6615230.45000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.08000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>COMMONBOND STUDENT LOAN TRUST</name>
        <lei>549300EJIXF1G1X7PN20</lei>
        <title>Commonbond Student Loan Trust 2018-BGS</title>
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          <isin value="US20268MAB28"/>
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        <balance>2838549.97000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>SOUTHERN CO</name>
        <lei>549300FC3G3YU2FBZD92</lei>
        <title>Southern Co/The</title>
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          <isin value="US842587DK09"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>LFS 2021B, LLC</name>
        <lei>N/A</lei>
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          <isin value="US50203HAA05"/>
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        <balance>11580116.38000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.40000000</annualizedRt>
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      <invstOrSec>
        <name>BELLEMEADE RE LT</name>
        <lei>N/A</lei>
        <title>Bellemeade Re Ltd</title>
        <cusip>07876MAB3</cusip>
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          <isin value="US07876MAB37"/>
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        <balance>2900000.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-25</maturityDt>
          <couponKind>Floating</couponKind>
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        <name>SECTOR RE V LTD</name>
        <lei>549300QS6XPZQHTCEJ97</lei>
        <title>Sector Re V Ltd</title>
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          <isin value="US81369ACR14"/>
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        <balance>2400000.00000000</balance>
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        <invCountry>BM</invCountry>
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        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2023-12-01</maturityDt>
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      <invstOrSec>
        <name>ICG US CLO Ltd</name>
        <lei>254900T2ODAPJRGAZY53</lei>
        <title>ICG US CLO 2017-1 Ltd</title>
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        <balance>4000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3766888.00000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
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        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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        <name>ENTERPRISE DEVELOP AUTH</name>
        <lei>N/A</lei>
        <title>Enterprise Development Authority/The</title>
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          <other otherDesc="INTERNAL" value="BL3556604"/>
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        <balance>627000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-01</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae REMICS</title>
        <cusip>31392ELD0</cusip>
        <identifiers>
          <isin value="US31392ELD03"/>
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        <balance>17837.40000000</balance>
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        <curCd>USD</curCd>
        <valUSD>17978.00000000</valUSD>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-08-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.05657000</annualizedRt>
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        <name>PROAMPAC PG BORROWER LLC</name>
        <lei>549300ZI6LTXYFEY1578</lei>
        <title>Proampac PG Borrower LLC</title>
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          <isin value="US74274NAG88"/>
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        <balance>1491262.50000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1462679.47000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-11-03</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>BELLEMEADE RE LT</name>
        <lei>254900K56RF3Z7VQ3U81</lei>
        <title>Bellemeade Re 2019-1 Ltd</title>
        <cusip>07876RAC0</cusip>
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          <isin value="US07876RAC07"/>
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        <balance>2809000.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.15657000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae REMICS</title>
        <cusip>31398PCM9</cusip>
        <identifiers>
          <isin value="US31398PCM95"/>
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        <balance>2.99000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2.99000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-04-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.75657000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>522 Funding CLO LTD</name>
        <lei>N/A</lei>
        <title>ASSURANT CLO LTD</title>
        <cusip>04623TAG0</cusip>
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          <isin value="US04623TAG04"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-04-20</maturityDt>
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      <invstOrSec>
        <name>MET LIFE GLOB FUNDING I</name>
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        <title>Metropolitan Life Global Funding I</title>
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          <isin value="US59217GEF28"/>
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        <balance>5365000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Rosy Blue Carat S.A.</name>
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        <balance>7500000.00000000</balance>
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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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          <maturityDt>2025-12-15</maturityDt>
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      <invstOrSec>
        <name>DTI HOLDCO INC</name>
        <lei>549300QQVMUL3P8XVJ27</lei>
        <title>DTI Holdco Inc</title>
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          <isin value="US23358EAD13"/>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-09-30</maturityDt>
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      <invstOrSec>
        <name>PHOENICIAN RE LIMITED</name>
        <lei>N/A</lei>
        <title>Phoenician Re Ltd</title>
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          <isin value="US71880VAC19"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-12-14</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.03046500</annualizedRt>
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      <invstOrSec>
        <name>BXG Receivables Note Trust</name>
        <lei>N/A</lei>
        <title>BXG Receivables Note Trust 2020-A</title>
        <cusip>05608TAB7</cusip>
        <identifiers>
          <isin value="US05608TAB70"/>
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        <balance>488031.30000000</balance>
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        <curCd>USD</curCd>
        <valUSD>469763.70000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Amortizing Residential Collate</name>
        <lei>N/A</lei>
        <title>Amortizing Residential Collateral Trust 2002-BC5</title>
        <cusip>86358RZ67</cusip>
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          <isin value="US86358RZ679"/>
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        <balance>36505.36000000</balance>
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        <curCd>USD</curCd>
        <valUSD>36236.64000000</valUSD>
        <pctVal>0.000713254161</pctVal>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-25</maturityDt>
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          <annualizedRt>1.49157000</annualizedRt>
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      <invstOrSec>
        <name>FCI Funding, LLC</name>
        <lei>N/A</lei>
        <title>FCI Funding 2019-1 LLC</title>
        <cusip>30259MAA4</cusip>
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          <isin value="US30259MAA45"/>
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        <balance>329543.36000000</balance>
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        <curCd>USD</curCd>
        <valUSD>330036.72000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.63000000</annualizedRt>
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      <invstOrSec>
        <name>TOYOTA MOTOR CREDIT CORP</name>
        <lei>Z2VZBHUMB7PWWJ63I008</lei>
        <title>Toyota Motor Credit Corp</title>
        <cusip>89236THV0</cusip>
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          <isin value="US89236THV08"/>
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        <balance>11000000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-01-11</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.41671000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Continental Credit Card llc</name>
        <lei>5493002QR2K2E0R56Z02</lei>
        <title>Continental Credit Card ABS 2019-1 LLC</title>
        <cusip>21134LAC2</cusip>
        <identifiers>
          <isin value="US21134LAC28"/>
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        <balance>4398000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.16000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>SANDERS RE II LTD</name>
        <lei>254900VRQU0N0MF3CT92</lei>
        <title>Sanders RE II Ltd</title>
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          <isin value="US80001MAA09"/>
          <other otherDesc="SEDOL" value="BLBDYN5"/>
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        <balance>2750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2740100.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-04-07</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.78046500</annualizedRt>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae REMICS</title>
        <cusip>31394FG66</cusip>
        <identifiers>
          <isin value="US31394FG667"/>
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        <balance>170721.04000000</balance>
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        <curCd>USD</curCd>
        <valUSD>170608.65000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-02-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.76657000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>NORTONLIFELOCK INC</name>
        <lei>YF6ZV0M6AU4FY94MK914</lei>
        <title>NortonLifeLock Inc</title>
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          <other otherDesc="INTERNAL" value="BL3692177"/>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-28</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <name>AMERICAN HONDA FINANCE</name>
        <lei>B6Q2VFHD1797Q7NZ3E43</lei>
        <title>American Honda Finance Corp</title>
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          <other otherDesc="SEDOL" value="BNDMZL9"/>
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        <balance>6575000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6569023.46000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-01-12</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.51829000</annualizedRt>
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      <invstOrSec>
        <name>BrightSpire Capital, Inc</name>
        <lei>N/A</lei>
        <title>BRSP 2021-FL1 Ltd</title>
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          <isin value="US05591XAA90"/>
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        <balance>9825000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>ALAMO RE II PTE LTD</name>
        <lei>N/A</lei>
        <title>Alamo Re II Pte Ltd</title>
        <cusip>011396AA6</cusip>
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        <balance>2500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2497500.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-06-08</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.97775100</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ReadyCap lending</name>
        <lei>N/A</lei>
        <title>ReadyCap Lending Small Business Loan Trust 2019-2</title>
        <cusip>75576QAA6</cusip>
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          <isin value="US75576QAA67"/>
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        <balance>7254433.09000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7139525.77000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-12-27</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>MATTERHORN RE LTD</name>
        <lei>549300QRZ77PO1BYWT39</lei>
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        <invCountry>BM</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Freddie Mac</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ENBRIDGE INC</name>
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        <title>Enbridge Inc</title>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-07-15</maturityDt>
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      <invstOrSec>
        <name>COMPASS POWER GENERATION</name>
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        <assetCat>LON</assetCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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          <isin value="US31394V7B07"/>
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        <balance>26821.98000000</balance>
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        <fairValLevel>2</fairValLevel>
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        <name>COMMONBOND STUDENT LOAN TRUST</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Gracie Point International Fun</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CHEVRON CORP</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>PRINCIPAL LFE GLB FND II</name>
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        <title>Principal Life Global Funding II</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Gracie Point International Fun</name>
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        <name>AEA INTERNATIONAL HOLDIN</name>
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        <invCountry>LU</invCountry>
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        <name>Woburn Re 2019, 12/31/22</name>
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        <name>ANTHEM INC</name>
        <lei>8MYN82XMYQH89CTMTH67</lei>
        <title>Anthem Inc</title>
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        <name>BELLEMEADE RE LT</name>
        <lei>254900K56RF3Z7VQ3U81</lei>
        <title>Bellemeade Re 2019-1 Ltd</title>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>JP Morgan Mortgage Trust</name>
        <lei>N/A</lei>
        <title>JP Morgan Mortgage Trust 2017-4</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <name>AXIS Equipment Finance Receiva</name>
        <lei>549300NOANH9X4RIOF97</lei>
        <title>Amur Equipment Finance Receivables VI LLC</title>
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        <balance>187386.86000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-07-20</maturityDt>
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      <invstOrSec>
        <name>ARC FALCON I INC</name>
        <lei>N/A</lei>
        <title>Arc Falcon I Inc</title>
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        <fairValLevel>2</fairValLevel>
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        <name>INGENOVIS HEALTH INC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>HILTON GRAND VAC BORROWER</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Starvest Emerging Markets CBO</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Oasis Securitisation</name>
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        <name>ANTHEM INC</name>
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        <name>AVIS BUDGET CAR RENTAL LLC</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Fannie Mae - CAS</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae Connecticut Avenue Securities</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Antares CLO</name>
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        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Starwood Commercial Mortgage T</name>
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        <name>Fannie Mae - CAS</name>
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        <name>CITIGROUP INC</name>
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        <name>STANDARD CHARTERED PLC</name>
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        <name>Cascade Funding Mortgage Trust</name>
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        <name>Dreyfus Government Cash Management</name>
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        <title>Dreyfus Government Cash Management</title>
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          <ticker value="DGCXX"/>
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        <name>Eagle Re Ltd</name>
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        <name>Radnor Re LTD</name>
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        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae REMICS</title>
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        <balance>207372.00000000</balance>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Freddie Mac</name>
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        <name>Fannie Mae</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Oaktown Re Ltd</name>
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        <name>Tidewater Auto Receivables Tru</name>
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        <name>Acres PLC</name>
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        <name>MLCC Mortgage Investors Inc</name>
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        <name>Viribus Re 2018, 12/31/21</name>
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        <name>BANCO SANTANDER SA</name>
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        <name>Berwick Re 2019-1, 12/31/22</name>
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        <name>Morgan Stanley Capital I Trust</name>
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        <name>SKANDINAVISKA ENSKILDA</name>
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        <name>FOUR LAKES RE LTD</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CarNow Auto Receivables Trust</name>
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        <name>Bean Creek CLO LTD</name>
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        <name>Oaktown Re Ltd</name>
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        <name>Torricelli Re 2021, 7/31/25</name>
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        <name>Genworth Mortgage Insurance Co</name>
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        <name>US TREASURY FRN</name>
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        <name>Pnmac Gmsr Issuer Trust</name>
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        <name>Freddie Mac</name>
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        <name>Hospitality Mortgage Trust</name>
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        <name>Citicorp Mortgage Securities,</name>
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        <name>Fannie Mae</name>
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        <name>EW SCRIPPS CO</name>
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        <name>BELLEMEADE RE LT</name>
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      <invstOrSec>
        <name>Freddie Mac</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>INTL BK RECON &amp; DEVELOP</name>
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        <invCountry>N/A</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GS Mortgage Securities Trust</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>Newtek Small Business Loan Tru</name>
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          <isin value="US65252XAA37"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Fannie Mae</name>
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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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      <invstOrSec>
        <name>JP Morgan Seasoned Mortgage Tr</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FannieMae Whole Loan</name>
        <lei>549300RF7M92JUSGM340</lei>
        <title>Fannie Mae Trust 2005-W3</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MORGAN STANLEY</name>
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        <title>Morgan Stanley</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Black Diamond CLO Ltd</name>
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        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>ARM Master Trust LLC</name>
        <lei>N/A</lei>
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        <balance>935680.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Freddie Mac</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddie Mac REMICS</title>
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        <balance>19074.89000000</balance>
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        <name>PENSKE TRUCK LEASING/PTL</name>
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        <name>MITSUBISHI UFJ FIN GRP</name>
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        <title>Mitsubishi UFJ Financial Group Inc</title>
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        <invCountry>JP</invCountry>
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        <name>VICTORY CAPITAL HOLDINGS</name>
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        <title>Victory Capital Holdings Inc</title>
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        <name>CANADIAN IMPERIAL BANK</name>
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        <title>Canadian Imperial Bank of Commerce</title>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Upstart Pass Through Trust</name>
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        <name>Freedom Financial</name>
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        <balance>1673583.33000000</balance>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>SOLRR Aircraft 2021-1 Limited</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>AHEAD DB HOLDINGS LLC</name>
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        <name>Freddie Mac</name>
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      <invstOrSec>
        <name>Donlen Fleet Lease Funding</name>
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        <name>Freddie Mac</name>
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        <name>Regatta VII Funding Ltd</name>
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        <name>SPECTRUM BRANDS INC</name>
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        <title>Spectrum Brands Inc</title>
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        <fairValLevel>2</fairValLevel>
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        <name>TPG Real Estate Finance</name>
        <lei>N/A</lei>
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        <invCountry>KY</invCountry>
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        <name>Harbor Park CLO Ltd</name>
        <lei>N/A</lei>
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        <name>COMM Mortgage Trust</name>
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        <name>NIAGARA MOHAWK POWER</name>
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        <name>HORIZON THERAPEUTICS USA</name>
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        <name>Veros Auto Receivables Trust</name>
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        <name>BANQUE FED CRED MUTUEL</name>
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        <title>Banque Federative du Credit Mutuel SA</title>
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        <invCountry>FR</invCountry>
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        <name>Eagle Re Ltd</name>
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        <name>BERRY GLOBAL INC</name>
        <lei>549300AP2Q7ERHX6RI89</lei>
        <title>Berry Global Inc</title>
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        <invCountry>US</invCountry>
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        <name>Countrywide Home Equity Loan T</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>PUBLIC SERVICE ENTERPRIS</name>
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      <invstOrSec>
        <name>VITALITY RE XI LTD</name>
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        <name>Freddie Mac</name>
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        <name>Ivy Hill Middle Market Credit</name>
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        <name>Aqua Finance Trust</name>
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        <name>Cascade Funding Mortgage Trust</name>
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        <name>BEACON ROOFING SUPPLY INC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>MITSUBISHI UFJ FIN GRP</name>
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        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Genesis Sales Finance Master T</name>
        <lei>N/A</lei>
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        <name>Cosmopolitan Hotel Trust</name>
        <lei>N/A</lei>
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        <name>Silver Rock CLO Ltd</name>
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        <invCountry>KY</invCountry>
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        <name>GRAY TELEVISION INC</name>
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        <title>Gray Television Inc</title>
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        <name>Oaktown Re Ltd</name>
        <lei>2549008N2FD0KB1Y5E03</lei>
        <title>Oaktown Re III Ltd</title>
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        <name>Freddie Mac</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddie Mac REMICS</title>
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        <name>GOLDMAN SACHS GROUP INC</name>
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        <title>Goldman Sachs Group Inc/The</title>
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        <name>WMG ACQUISITION CORP</name>
        <lei>549300NAS11NXI33CP80</lei>
        <title>WMG Acquisition Corp</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>JP Morgan Mortgage Trust</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Fannie Mae - CAS</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Ellington CLO LTD</name>
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        <name>HUDSON RIVER TRADING LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>COMMONBOND STUDENT LOAN TRUST</name>
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        <fairValLevel>2</fairValLevel>
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        <name>LIMESTONE RE LTD</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Invitation Homes Trust</name>
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        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae REMICS</title>
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        <name>Lorenz Re 2019, 6/30/22</name>
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        <name>Cascade Funding Mortgage Trust</name>
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        <name>Foursight Capital Automobile R</name>
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        <name>ROYAL BANK OF CANADA</name>
        <lei>ES7IP3U3RHIGC71XBU11</lei>
        <title>Royal Bank of Canada</title>
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        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>INTL BK RECON &amp; DEVELOP</name>
        <lei>ZTMSNXROF84AHWJNKQ93</lei>
        <title>International Bank for Reconstruction &amp; Development</title>
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        <invCountry>N/A</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae REMICS</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Newtek Small Business Loan Tru</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>COLONY MORTGAGE CAPITAL LTD</name>
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        <fairValLevel>2</fairValLevel>
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          <isin value="US05591XAL55"/>
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        <curCd>USD</curCd>
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        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>STANDARD INDUSTRIES INC</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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        <name>Radnor Re LTD</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Wilshire Mortgage Loan Trust</name>
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        <curCd>USD</curCd>
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        <name>Santander Drive Auto Receivabl</name>
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        <name>Formby Re 2018, 2/28/22</name>
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        <name>CIM Small Business Loan Trust</name>
        <lei>N/A</lei>
        <title>CIM Small Business Loan Trust 2018-1</title>
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        <name>AIR CANADA</name>
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        <name>Ellington CLO LTD</name>
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        <name>Santander Consumer Auto Receiv</name>
        <lei>N/A</lei>
        <title>Santander Consumer Auto Receivables Trust 2021-C</title>
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        <name>Resimac</name>
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        <invCountry>AU</invCountry>
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        <name>Oportun Funding LLC</name>
        <lei>N/A</lei>
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        <name>Freddie Mac</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddie Mac REMICS</title>
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        <balance>37390.70000000</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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      <invstOrSec>
        <name>Freddie Mac</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Verizon Owner Trust</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>TEAM HEALTH HOLDINGS INC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>BRASS PLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Pear LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>MIZUHO FINANCIAL GROUP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>SCF Equipment Trust Llc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CarNow Auto Receivables Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CarNow Auto Receivables Trust</name>
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        <name>Gullane Re 2022</name>
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        <invCountry>BM</invCountry>

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        <name>Gracie Point International Fun</name>
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        <name>SWEDBANK AB</name>
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        <name>Argent Securities Inc.</name>
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        <name>Denning Re 2021, 7/31/25</name>
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        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae REMICS</title>
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        <name>TRANS UNION LLC</name>
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        <title>Trans Union LLC</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>ORGANON &amp; CO</name>
        <lei>549300AMCKY57OK2CO56</lei>
        <title>Organon &amp; Co</title>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Navistar Financial Dealer Note</name>
        <lei>N/A</lei>
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        <balance>4000000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-07-25</maturityDt>
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      <invstOrSec>
        <name>Great Lakes CLO Ltd</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Fannie Mae</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Eagle Re Ltd</name>
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        <fairValLevel>2</fairValLevel>
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        <name>ZOETIS INC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Freddie Mac</name>
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        <fairValLevel>2</fairValLevel>
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        <name>SOTERA HEALTH HLDGS LLC</name>
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        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Radnor Re LTD</name>
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        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>Carvana Auto Receivables Trust</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <name>VISTEON CORP</name>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Commerical Equipment Finance 2</name>
        <lei>N/A</lei>
        <title>Commercial Equipment Finance 2021-A LLC</title>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Fortress Credit Opportunities</name>
        <lei>N/A</lei>
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        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>ANALOG DEVICES INC</name>
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        <name>Freddie Mac</name>
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        <title>Freddie Mac REMICS</title>
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        <name>Radnor Re LTD</name>
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        <title>Radnor RE 2019-1 Ltd</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>First Franklin Mtg Loan Asset</name>
        <lei>N/A</lei>
        <title>First Franklin Mortgage Loan Trust 2004-FF4</title>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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        <name>ASURION LLC</name>
        <lei>549300KNQVXGIOXWK278</lei>
        <title>Asurion LLC</title>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-31</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>SWEDBANK AB</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MVW Owner Trust</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Freddie Mac - STACR</name>
        <lei>549300RWLR7W4OBRM426</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>DG INVESTMENT INTERMEDI</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BELLEMEADE RE LT</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>CORNERSTONE ONDEMAND INC</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-10-15</maturityDt>
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      <invstOrSec>
        <name>Willis Engine Securitization T</name>
        <lei>N/A</lei>
        <title>Willis Engine Structured Trust VI</title>
        <cusip>97064GAB9</cusip>
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        <balance>7066391.71000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Radnor Re LTD</name>
        <lei>549300ED4YNDE7SVU538</lei>
        <title>Radnor Re 2018-1 Ltd</title>
        <cusip>750496AA9</cusip>
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        <balance>741471.21000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-25</maturityDt>
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      <invstOrSec>
        <name>Credito Real USA Auto Receivab</name>
        <lei>N/A</lei>
        <title>Credito Real USA Auto Receivables Trust 2021-1</title>
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        <balance>3770673.07000000</balance>
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        <debtSec>
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      <invstOrSec>
        <name>Merion Re 2018-2, 12/31/21</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>Fannie Mae or Freddie Mac</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae or Freddie Mac</title>
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        <balance>35000000.00000000</balance>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Freddie Mac</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddie Mac REMICS</title>
        <cusip>3137A1K36</cusip>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Avid Automobile Receivables Tr</name>
        <lei>N/A</lei>
        <title>Avid Automobile Receivables Trust 2021-1</title>
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          <isin value="US05369LAA52"/>
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        <debtSec>
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          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BELLEMEADE RE LT</name>
        <lei>N/A</lei>
        <title>Bellemeade RE 2021-3 Ltd</title>
        <cusip>078777AD1</cusip>
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          <isin value="US078777AD10"/>
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        <balance>15000000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
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          <couponKind>Floating</couponKind>
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        <name>Churchill Middle Market CLO Lt</name>
        <lei>N/A</lei>
        <title>Churchill Middle Market CLO III Ltd</title>
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          <isin value="US17151KAJ51"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <debtSec>
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        <name>HOA Funding LLC</name>
        <lei>N/A</lei>
        <title>HOA Funding LLC - HOA</title>
        <cusip>40390GAB4</cusip>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GS Mortgage Securities Trust</name>
        <lei>N/A</lei>
        <title>GS Mortgage Securities Corp Trust 2018-TWR</title>
        <cusip>36251SAA6</cusip>
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          <isin value="US36251SAA69"/>
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        <balance>10900000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10734420.28000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.29700000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>UNIVAR USA INC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Fannie Mae</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Freddie Mac</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-07-15</maturityDt>
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        <name>Mercury Financial Credit Card</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Freddie Mac</name>
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        <name>JP Morgan Mortgage Trust</name>
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          <couponKind>Variable</couponKind>
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        <name>JPMorgan Chase Bank, NA - CACL</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>CITIGROUP INC</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
        <title>Citigroup Inc</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Freddie Mac - STACR</name>
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        <title>Freddie Mac Structured Agency Credit Risk Debt Notes</title>
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        <name>AVOLON TLB BORROWER 1 US</name>
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        <name>Ellington CLO LTD</name>
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        <title>Ellington CLO IV Ltd</title>
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        <name>Bantry RE 2019, 12/31/22</name>
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        <name>DRIVEN HOLDINGS LLC</name>
        <lei>2549009H8IC4YXR5FV18</lei>
        <title>Driven Holdings LLC</title>
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        <invCountry>US</invCountry>
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        <name>THL Credit Wind River 2019-1 C</name>
        <lei>549300TGVPUHSOMYKZ89</lei>
        <title>THL Credit Wind River 2019-1 CLO Ltd</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Freddie Mac - STACR</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddie Mac STACR REMIC Trust 2022-DNA1</title>
        <cusip>35564KQC6</cusip>
        <identifiers>
          <isin value="US35564KQC61"/>
        </identifiers>
        <balance>12380000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>11573062.93000000</valUSD>
        <pctVal>0.227795272824</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-01-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.59900000</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>CAELUS RE V LTD</name>
        <lei>N/A</lei>
        <title>Caelus Re V Ltd</title>
        <cusip>12765KAB1</cusip>
        <identifiers>
          <isin value="US12765KAB17"/>
          <other otherDesc="SEDOL" value="BD45R77"/>
        </identifiers>
        <balance>125000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>93750.00000000</valUSD>
        <pctVal>0.001845302920</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-06-05</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.63046500</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>Brightwood Capital MM CLO 2021</name>
        <lei>N/A</lei>
        <title>Brightwood Capital MM CLO 2020-1 Ltd</title>
        <cusip>10948VAJ4</cusip>
        <identifiers>
          <isin value="US10948VAJ44"/>
        </identifiers>
        <balance>2000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1974082.00000000</valUSD>
        <pctVal>0.038856312325</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.22600000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="The Fund amended Form N-PORT for the period ended March 31, 2022 to correct the filing for security fair value leveling in Item C.8. The fund did not report any level 3 securities but it should have." noteItem="C.8"/>
      <explntrNote note="ISO country code not reported for supranationals." noteItem="C.5.a"/>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2022-07-18</ncom:dateSigned>
      <ncom:nameOfApplicant>Pioneer Series Trust X</ncom:nameOfApplicant>
      <ncom:signature>Anthony J. Koenig, Jr</ncom:signature>
      <ncom:signerName>Anthony J. Koenig, Jr</ncom:signerName>
      <ncom:title>Managing Director, Chief Operations Officer &amp; Treasurer of the Funds</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
