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      <regFileNumber>811-21720</regFileNumber>
      <regCik>0001314414</regCik>
      <regLei>549300BSYF57GRCG4861</regLei>
      <regStreet1>225 PICTORIA DRIVE</regStreet1>
      <regStreet2>SUITE 450</regStreet2>
      <regCity>CINCINNATI</regCity>
      <regStateConditional regCountry="US" regState="US-OH"/>
      <regZipOrPostalCode>45246</regZipOrPostalCode>
      <regPhone>631-470-2600</regPhone>
      <seriesName>Deer Park Total Return Credit Fund</seriesName>
      <seriesId>S000050429</seriesId>
      <seriesLei>549300GEC4XMEL70QI78</seriesLei>
      <repPdEnd>2025-09-30</repPdEnd>
      <repPdDate>2025-03-31</repPdDate>
      <isFinalFiling>N</isFinalFiling>
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      <totLiabs>5203047.83</totLiabs>
      <netAssets>122228915.21</netAssets>
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      <assetsInvested>0.00000000</assetsInvested>
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      <invstOrSec>
        <name>ACE Securities Corp Home Equity Loan Trust</name>
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        <name>Adjustable Rate Mortgage Trust 2005-8</name>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Alternative Loan Trust 2006-Hy12</name>
        <lei>N/A</lei>
        <title>CWALT 2006-OA14 X2</title>
        <cusip>02146SAK5</cusip>
        <identifiers>
          <isin value="US02146SAK50"/>
        </identifiers>
        <balance>11157659.41000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>111.58000000</valUSD>
        <pctVal>0.000091287728</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-11-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.00010100</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>Cwalt Inc Resecuritization Pass-Through Certificates Series 2008-2R</name>
        <lei>N/A</lei>
        <title>CWALT 2006-22R 2A2</title>
        <cusip>02147LAM5</cusip>
        <identifiers>
          <isin value="US02147LAM54"/>
        </identifiers>
        <balance>138664.45000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>74454.68000000</valUSD>
        <pctVal>0.060914129747</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-05-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Alternative Loan Trust 2006-Hy12</name>
        <lei>N/A</lei>
        <title>CWALT 2006-32CB A8</title>
        <cusip>02147XAH0</cusip>
        <identifiers>
          <isin value="US02147XAH08"/>
        </identifiers>
        <balance>1565067.77000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>139783.87000000</valUSD>
        <pctVal>0.114362358333</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-11-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.83540900</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>American Home Mortgage Assets Trust 2005-2</name>
        <lei>N/A</lei>
        <title>AHMA 2006-2 1A1</title>
        <cusip>02660XAA2</cusip>
        <identifiers>
          <isin value="US02660XAA28"/>
        </identifiers>
        <balance>166496.06000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>152429.32000000</valUSD>
        <pctVal>0.124708069067</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-09-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.59528900</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>Amer Hm Mtg Ast Tr</name>
        <lei>N/A</lei>
        <title>AHMA 2007-5 A1</title>
        <cusip>026936AA2</cusip>
        <identifiers>
          <isin value="US026936AA28"/>
        </identifiers>
        <balance>125186.89000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>115972.17000000</valUSD>
        <pctVal>0.094881125141</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-06-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.81459000</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>AMERIQUEST MORTGAGE SECURITIES</name>
        <lei>N/A</lei>
        <title>AMSI 2003-AR2 M2</title>
        <cusip>03072SGY5</cusip>
        <identifiers>
          <isin value="US03072SGY54"/>
        </identifiers>
        <balance>6850000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>380.86000000</valUSD>
        <pctVal>0.000311595664</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-05-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.12937900</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>Ameriquest Mortgage Securities Inc Asset Backed Pass-Through Certificates Series 2005-R7</name>
        <lei>N/A</lei>
        <title>QUEST 2004-X2 M3</title>
        <cusip>03072SSY2</cusip>
        <identifiers>
          <isin value="US03072SSY27"/>
        </identifiers>
        <balance>918802.61000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>841598.66000000</valUSD>
        <pctVal>0.688543016645</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-06-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.65959000</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>Ameriquest Mortgage Securities Inc Asset Backed Pass-Through Certificates Series 2005-R7</name>
        <lei>N/A</lei>
        <title>AMSI 2005-R11 M6</title>
        <cusip>03072SV69</cusip>
        <identifiers>
          <isin value="US03072SV699"/>
        </identifiers>
        <balance>1814495.07000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1887494.02000000</valUSD>
        <pctVal>1.544228725876</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-01-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.58959000</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>Argent Securities Trust 2006-M2</name>
        <lei>N/A</lei>
        <title>ARSI 2006-M2 A2C</title>
        <cusip>04013BAC6</cusip>
        <identifiers>
          <isin value="US04013BAC63"/>
        </identifiers>
        <balance>274497.10980000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>88347.44000000</valUSD>
        <pctVal>0.072280310962</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-09-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.58458900</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>Asset Backed Securities Corp Home Equity Loan Trust 2001 He3</name>
        <lei>N/A</lei>
        <title>ABSHE 2004-HE3 M6</title>
        <cusip>04541GJY9</cusip>
        <identifiers>
          <isin value="US04541GJY98"/>
        </identifiers>
        <balance>41667.94000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>52097.92000000</valUSD>
        <pctVal>0.042623236826</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-06-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.55959000</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>Asset Backed Securities Corp Home Equity Loan Trust 2001 He3</name>
        <lei>N/A</lei>
        <title>ABSHE 2004-HE9 M2</title>
        <cusip>04541GNB4</cusip>
        <identifiers>
          <isin value="US04541GNB40"/>
        </identifiers>
        <balance>309244.77000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>258682.66000000</valUSD>
        <pctVal>0.211637859630</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-12-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.23459200</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>Asset Backed Securities Corp Home Equity Loan Trust 2001 He3</name>
        <lei>N/A</lei>
        <title>ABSHE 2005-HE2 M5</title>
        <cusip>04541GQF2</cusip>
        <identifiers>
          <isin value="US04541GQF27"/>
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        <balance>791261.88000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>813623.42000000</valUSD>
        <pctVal>0.665655437260</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-02-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.30959000</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>Asset Backed Funding Corp</name>
        <lei>5493009YQSUTUX056896</lei>
        <title>ABFC 2004-OPT1 M6</title>
        <cusip>04542BFF4</cusip>
        <identifiers>
          <isin value="US04542BFF40"/>
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        <balance>176034.09000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>174855.49000000</valUSD>
        <pctVal>0.143055748878</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-12-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.68459000</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>Asset Backed Funding Corp</name>
        <lei>5493009YQSUTUX056896</lei>
        <title>ABFC 2004-OPT3 M1</title>
        <cusip>04542BGV8</cusip>
        <identifiers>
          <isin value="US04542BGV80"/>
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        <balance>170420.24000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>170149.25000000</valUSD>
        <pctVal>0.139205399726</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-09-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.18459000</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>Bcap Llc Trust</name>
        <lei>N/A</lei>
        <title>BCAP 2008-RR3 A1B</title>
        <cusip>05531VAK4</cusip>
        <identifiers>
          <isin value="US05531VAK44"/>
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        <balance>564442.66000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>167530.65000000</valUSD>
        <pctVal>0.137063026135</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-10-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.69743600</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>Banc of America Funding Corporation</name>
        <lei>54930023UHZHF7UJ8596</lei>
        <title>BAFC 2005-C M2</title>
        <cusip>05946XUF8</cusip>
        <identifiers>
          <isin value="US05946XUF85"/>
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        <balance>2287928.04000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1628331.88000000</valUSD>
        <pctVal>1.332198585909</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-05-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.08385200</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>Banc of America Funding Corporation</name>
        <lei>N/A</lei>
        <title>BAFC 2005-F 1A1</title>
        <cusip>05946XYP2</cusip>
        <identifiers>
          <isin value="US05946XYP22"/>
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        <balance>45197.33000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>34113.59000000</valUSD>
        <pctVal>0.027909590739</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-09-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.05384900</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>Banc America Mortgage Trust</name>
        <lei>N/A</lei>
        <title>BOAMS 2007-1 2IO</title>
        <cusip>05952HCP2</cusip>
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          <isin value="US05952HCP29"/>
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        <balance>441786.04000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>81484.92000000</valUSD>
        <pctVal>0.066665829325</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-01-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bank 2017-Bnk6</name>
        <lei>N/A</lei>
        <title>BANK 2017-BNK6 XG</title>
        <cusip>060352AT8</cusip>
        <identifiers>
          <isin value="US060352AT88"/>
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        <balance>18729314.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>548148.96000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2060-07-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.50000100</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Banc Of America Alternative Loan Trust</name>
        <lei>N/A</lei>
        <title>BOAA 2006-8 1A5</title>
        <cusip>06050AAE3</cusip>
        <identifiers>
          <isin value="US06050AAE38"/>
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        <balance>144826.39000000</balance>
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        <curCd>USD</curCd>
        <valUSD>31412.50000000</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>2036-11-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.00000100</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Banc Of America Alternative Loan Trust</name>
        <lei>N/A</lei>
        <title>BOAA 2006-8 XIO</title>
        <cusip>06050AAJ2</cusip>
        <identifiers>
          <isin value="US06050AAJ25"/>
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        <balance>311704.89000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>62682.51000000</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>2046-11-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Bayview Commercial Asset Trust 2006-SP2</name>
        <lei>N/A</lei>
        <title>BAYC 2006-1A M4</title>
        <cusip>07324SDK5</cusip>
        <identifiers>
          <isin value="US07324SDK50"/>
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        <balance>7357.73000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6810.99000000</valUSD>
        <pctVal>0.005572323036</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-04-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.21458900</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Bayview Commercial Asset Trust 2006-SP2</name>
        <lei>N/A</lei>
        <title>BAYC 2006-1A M5</title>
        <cusip>07324SDL3</cusip>
        <identifiers>
          <isin value="US07324SDL34"/>
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        <balance>7141.36000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6619.39000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-04-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.27459000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Bayview Commercial Asset Trust 2006-SP2</name>
        <lei>N/A</lei>
        <title>BAYC 2006-SP2 B1</title>
        <cusip>07325KAH1</cusip>
        <identifiers>
          <isin value="US07325KAH14"/>
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        <balance>874108.50000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1566420.70000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-01-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.23459200</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>Bayview Financial Mortgage Pass Through Trust 2005 B</name>
        <lei>N/A</lei>
        <title>BAYV 2005-C B2</title>
        <cusip>07325NBU5</cusip>
        <identifiers>
          <isin value="US07325NBU54"/>
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        <balance>2430000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2084374.78000000</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>2044-06-28</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.79166900</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Bayview Commercial Asset Trust 2006-SP2</name>
        <lei>N/A</lei>
        <title>BAYC 2007-4A A2</title>
        <cusip>07326BAB3</cusip>
        <identifiers>
          <isin value="US07326BAB36"/>
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        <balance>1115057.11000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1683757.76000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-09-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.25958900</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>Bear Stearns Asset Backed Securities I Trust 2004 Ac5</name>
        <lei>N/A</lei>
        <title>BSABS 1999-2 AF2</title>
        <cusip>07383GAS5</cusip>
        <identifiers>
          <isin value="US07383GAS57"/>
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        <balance>13654.41000000</balance>
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        <curCd>USD</curCd>
        <valUSD>13704.09000000</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>2029-10-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.41000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Bear Stearns Asset Backed Securities I Trust 2004 Ac5</name>
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        <title>BSABS 1999-2 MF1</title>
        <cusip>07383GAT3</cusip>
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          <isin value="US07383GAT31"/>
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        <balance>133377.97000000</balance>
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        <curCd>USD</curCd>
        <valUSD>184229.41000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.21999900</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Bear Stearns Arm Trust</name>
        <lei>N/A</lei>
        <title>BSARM 2004-6 2A2</title>
        <cusip>07384MW73</cusip>
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          <isin value="US07384MW737"/>
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        <balance>111286.74000000</balance>
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        <curCd>USD</curCd>
        <valUSD>99977.54000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-09-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.21016000</annualizedRt>
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      <invstOrSec>
        <name>Bear Stearns Arm Trust</name>
        <lei>N/A</lei>
        <title>BSARM 2004-7 1A1</title>
        <cusip>07384MX98</cusip>
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          <isin value="US07384MX982"/>
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        <balance>34055.09000000</balance>
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        <curCd>USD</curCd>
        <valUSD>32536.74000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-10-25</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Bear Stearns Asset Backed Securities Trust</name>
        <lei>N/A</lei>
        <title>BSABS 2003-AC4 M1</title>
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          <isin value="US07384YKH89"/>
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        <balance>183070.64000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-09-25</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Bear Stearns Asset Backed Securities Trust</name>
        <lei>N/A</lei>
        <title>BSABS 2003-AC5 B</title>
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          <isin value="US07384YMG88"/>
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        <balance>24915.16000000</balance>
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        <valUSD>40317.86000000</valUSD>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-10-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.30958900</annualizedRt>
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      <invstOrSec>
        <name>Bear Stearns Asset Backed Securities Trust</name>
        <lei>N/A</lei>
        <title>BSABS 2003-AC6 M2</title>
        <cusip>07384YNK8</cusip>
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          <isin value="US07384YNK81"/>
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        <balance>30853.69000000</balance>
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        <curCd>USD</curCd>
        <valUSD>21537.34000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-11-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.08459100</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Bear Stearns Asset Backed Securities Trust</name>
        <lei>N/A</lei>
        <title>BSABS 2003-HE1 M4</title>
        <cusip>07384YPE0</cusip>
        <identifiers>
          <isin value="US07384YPE04"/>
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        <balance>86245.57000000</balance>
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        <curCd>USD</curCd>
        <valUSD>83886.57000000</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>2034-01-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.11399200</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Bear Stearns Asset Backed Securities Trust</name>
        <lei>N/A</lei>
        <title>BSABS 2003-HE1 M5</title>
        <cusip>07384YPF7</cusip>
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          <isin value="US07384YPF78"/>
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        <balance>73148.26000000</balance>
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        <curCd>USD</curCd>
        <valUSD>86607.07000000</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>
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          <couponKind>Floating</couponKind>
          <annualizedRt>6.11399200</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Bear Stearns Asset Backed Securities Trust</name>
        <lei>N/A</lei>
        <title>BSABS 2004-HE1 M6</title>
        <cusip>07384YQC3</cusip>
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          <isin value="US07384YQC39"/>
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        <curCd>USD</curCd>
        <valUSD>135756.79000000</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>2034-02-25</maturityDt>
          <couponKind>Floating</couponKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Bear Stearns Asset Backed Securities Trust</name>
        <lei>N/A</lei>
        <title>BSABS 2004-HE2 M4</title>
        <cusip>07384YRB4</cusip>
        <identifiers>
          <isin value="US07384YRB47"/>
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        <balance>9926.75000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10745.48000000</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>2034-03-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.79744700</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Bear Stearns Asset Backed Securities Trust</name>
        <lei>N/A</lei>
        <title>BSABS 2004-HE2 M6</title>
        <cusip>07384YRD0</cusip>
        <identifiers>
          <isin value="US07384YRD03"/>
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        <balance>514705.49000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>473403.36000000</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>2034-03-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.79744700</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Bear Stearns Asset Backed Securities Trust</name>
        <lei>N/A</lei>
        <title>BSABS 2004-SD1 M3</title>
        <cusip>07384YSH0</cusip>
        <identifiers>
          <isin value="US07384YSH08"/>
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        <balance>21401.07000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>0.21000000</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>2042-12-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.00000100</annualizedRt>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>Bear Stearns Alt-A Trust 2004-12</name>
        <lei>N/A</lei>
        <title>BALTA 2003-6 B1</title>
        <cusip>07386HEM9</cusip>
        <identifiers>
          <isin value="US07386HEM97"/>
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        <balance>201380.98000000</balance>
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        <curCd>USD</curCd>
        <valUSD>121952.09000000</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>2034-01-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.52592400</annualizedRt>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>Bear Stearns Alt-A Trust 2004-12</name>
        <lei>N/A</lei>
        <title>BALTA 2005-7 25A1</title>
        <cusip>07386HVW8</cusip>
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          <isin value="US07386HVW86"/>
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        <balance>211520.08000000</balance>
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        <curCd>USD</curCd>
        <valUSD>71407.66000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-09-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.70702600</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Bear Stearns Asset Backed Securities Trust</name>
        <lei>N/A</lei>
        <title>BSABS 2007-SD2 1A2A</title>
        <cusip>07386UAD4</cusip>
        <identifiers>
          <isin value="US07386UAD46"/>
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        <balance>63334.88000000</balance>
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        <curCd>USD</curCd>
        <valUSD>61695.85000000</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>2046-09-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Bear Stearns Asset Backed Securities I Trust 2004 Ac5</name>
        <lei>N/A</lei>
        <title>BSABS 2004-HE5 M2</title>
        <cusip>073879CD8</cusip>
        <identifiers>
          <isin value="US073879CD81"/>
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        <balance>60643.88000000</balance>
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        <curCd>USD</curCd>
        <valUSD>54805.18000000</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>2034-07-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.30959000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Bear Stearns Asset Backed Securities I Trust 2004 Ac5</name>
        <lei>N/A</lei>
        <title>BSABS 2004-HE5 M6</title>
        <cusip>073879CH9</cusip>
        <identifiers>
          <isin value="US073879CH95"/>
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        <balance>51738.59000000</balance>
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        <curCd>USD</curCd>
        <valUSD>45639.84000000</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>2034-07-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.05959200</annualizedRt>
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      <invstOrSec>
        <name>Bear Stearns Asset Backed Securities I Trust 2004 Ac5</name>
        <lei>N/A</lei>
        <title>BSABS 2004-HE6 M5</title>
        <cusip>073879CY2</cusip>
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          <isin value="US073879CY29"/>
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        <balance>112762.64000000</balance>
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        <curCd>USD</curCd>
        <valUSD>114823.11000000</valUSD>
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        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-08-25</maturityDt>
          <couponKind>Floating</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>Bear Stearns Asset Backed Securities I Trust 2004 Ac5</name>
        <lei>N/A</lei>
        <title>BSABS 2004-HE7 M6</title>
        <cusip>073879EZ7</cusip>
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          <isin value="US073879EZ75"/>
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        <balance>182515.67000000</balance>
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        <curCd>USD</curCd>
        <valUSD>173368.19000000</valUSD>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-08-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.05959200</annualizedRt>
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      <invstOrSec>
        <name>Bear Stearns Asset Backed Securities I Trust 2004 Ac5</name>
        <lei>N/A</lei>
        <title>BSABS 2004-FR2 M6</title>
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          <isin value="US073879FL70"/>
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        <balance>328864.96000000</balance>
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        <curCd>USD</curCd>
        <valUSD>302933.99000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-06-25</maturityDt>
          <couponKind>Floating</couponKind>
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        <name>Bear Stearns Asset Backed Securities I Trust 2004 Ac5</name>
        <lei>N/A</lei>
        <title>BSABS 2004-AC5 A2</title>
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          <isin value="US073879GN28"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-10-25</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Bear Stearns Asset Backed Securities I Trust 2004 Ac5</name>
        <lei>N/A</lei>
        <title>BSABS 2004-HE8 M4</title>
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          <isin value="US073879HH41"/>
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        <valUSD>713191.85000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-09-25</maturityDt>
          <couponKind>Floating</couponKind>
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        <name>Bear Stearns Asset Backed Securities I Trust 2004 Ac5</name>
        <lei>N/A</lei>
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          <isin value="US073879KF48"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-11-25</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Bear Stearns Asset Backed Securities I Trust 2004 Ac5</name>
        <lei>N/A</lei>
        <title>BSABS 2004-FR3 M5</title>
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          <isin value="US073879KU15"/>
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        <balance>912694.63000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-09-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.95796000</annualizedRt>
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      <invstOrSec>
        <name>Bear Stearns Asset Backed Securities I Trust 2004 Ac5</name>
        <lei>N/A</lei>
        <title>BSABS 2004-HE10 M5</title>
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          <isin value="US073879MV79"/>
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        <balance>188377.92000000</balance>
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        <curCd>USD</curCd>
        <valUSD>215080.38000000</valUSD>
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        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-12-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.27721600</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>Bear Stearns Arm Trust</name>
        <lei>N/A</lei>
        <title>BSARM 2007-4 22A1</title>
        <cusip>07401CAV5</cusip>
        <identifiers>
          <isin value="US07401CAV54"/>
        </identifiers>
        <balance>66253.60000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>58218.58000000</valUSD>
        <pctVal>0.047630775336</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-06-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.42885300</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>Bear Stearns Mortgage Funding Trust 2006-Ar1</name>
        <lei>N/A</lei>
        <title>BSMF 2006-AR1 2A2</title>
        <cusip>07401LAR4</cusip>
        <identifiers>
          <isin value="US07401LAR42"/>
        </identifiers>
        <balance>1446974.59000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1429595.56000000</valUSD>
        <pctVal>1.169605046026</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-08-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.95459000</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>Bear Stearns Mortgage Funding Trust 2007-Ar1</name>
        <lei>N/A</lei>
        <title>BSMF 2007-AR1 1A2</title>
        <cusip>07401MAB7</cusip>
        <identifiers>
          <isin value="US07401MAB72"/>
        </identifiers>
        <balance>2246128.85000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2204190.03000000</valUSD>
        <pctVal>1.803329454583</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-01-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.64459000</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>Bear Stearns Mortgage Funding Trust 2006-Ar5</name>
        <lei>N/A</lei>
        <title>BSMF 2006-AR5 1A2</title>
        <cusip>07401NAB5</cusip>
        <identifiers>
          <isin value="US07401NAB55"/>
        </identifiers>
        <balance>2344763.92000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2482129.57000000</valUSD>
        <pctVal>2.030722080561</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-12-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.64459000</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>Bear Stearns 7-Sl1</name>
        <lei>N/A</lei>
        <title>BSMF 2007-SL1 1A</title>
        <cusip>07401PAA2</cusip>
        <identifiers>
          <isin value="US07401PAA21"/>
        </identifiers>
        <balance>17641.39000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>20195.98000000</valUSD>
        <pctVal>0.016523078819</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-03-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.75458800</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>Bear Strn 2007-Ar3</name>
        <lei>N/A</lei>
        <title>BSMF 2007-AR3 1A2</title>
        <cusip>07401VAB7</cusip>
        <identifiers>
          <isin value="US07401VAB71"/>
        </identifiers>
        <balance>1722578.32000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1706688.91000000</valUSD>
        <pctVal>1.396305372642</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-03-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.61459200</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>Bear Strn 2007-Ar3</name>
        <lei>N/A</lei>
        <title>BSMF 2007-AR3 21A2</title>
        <cusip>07401VAQ4</cusip>
        <identifiers>
          <isin value="US07401VAQ41"/>
        </identifiers>
        <balance>1497802.46000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1495229.83000000</valUSD>
        <pctVal>1.223302871854</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-04-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.81459000</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>Bombardier Capital Mortgage Securitization Corp.</name>
        <lei>N/A</lei>
        <title>BCM 2001-A M2</title>
        <cusip>09774XBW1</cusip>
        <identifiers>
          <isin value="US09774XBW11"/>
        </identifiers>
        <balance>272041.79000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>196901.64000000</valUSD>
        <pctVal>0.161092520261</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.26500000</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>C-Bass Trust</name>
        <lei>N/A</lei>
        <title>CBASS 2002-CB5 M2</title>
        <cusip>12489WFT6</cusip>
        <identifiers>
          <isin value="US12489WFT62"/>
        </identifiers>
        <balance>139703.89000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>143928.77000000</valUSD>
        <pctVal>0.117753454452</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-05-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.95077000</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>CHL Mortgage Pass-Through Trust</name>
        <lei>N/A</lei>
        <title>CWHL 2007-HYB2 3A1</title>
        <cusip>125438AB7</cusip>
        <identifiers>
          <isin value="US125438AB79"/>
        </identifiers>
        <balance>83748.77000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>73125.72000000</valUSD>
        <pctVal>0.059826858378</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-02-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.35764200</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>Citimortgage Alternative Loan Trust</name>
        <lei>N/A</lei>
        <title>CMALT 2007-A1 1A1</title>
        <cusip>12566QAA1</cusip>
        <identifiers>
          <isin value="US12566QAA13"/>
        </identifiers>
        <balance>54038.49000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>48198.25000000</valUSD>
        <pctVal>0.039432772447</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-01-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CWABS Asset-Backed Certificates Trust 2006-23</name>
        <lei>N/A</lei>
        <title>CWL 2006-23 1A</title>
        <cusip>12666CAA1</cusip>
        <identifiers>
          <isin value="US12666CAA18"/>
        </identifiers>
        <balance>86460.34040000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>81841.02000000</valUSD>
        <pctVal>0.066957167916</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-05-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.71458900</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>Cwabs Asset Backed Certificates Series 2002-4</name>
        <lei>N/A</lei>
        <title>CWL 2005-IM3 A3</title>
        <cusip>126670JD1</cusip>
        <identifiers>
          <isin value="US126670JD16"/>
        </identifiers>
        <balance>28445.08000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>29326.58000000</valUSD>
        <pctVal>0.023993160660</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-03-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.93458800</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>Cwabs Asset Backed Certificates Series 2002-4</name>
        <lei>N/A</lei>
        <title>CWL 2006-1 MV2</title>
        <cusip>126670TX6</cusip>
        <identifiers>
          <isin value="US126670TX69"/>
        </identifiers>
        <balance>1861459.21000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1621509.49000000</valUSD>
        <pctVal>1.326616936110</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-07-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.63894200</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>Cwabs Asset Backed Certificates Series 2002-4</name>
        <lei>N/A</lei>
        <title>CWL 2006-BC1 M4</title>
        <cusip>126670XU7</cusip>
        <identifiers>
          <isin value="US126670XU74"/>
        </identifiers>
        <balance>2872590.94000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2221654.08000000</valUSD>
        <pctVal>1.817617440343</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-04-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.40959000</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>Cwabs Asset Backed Certificates Series 2002-4</name>
        <lei>N/A</lei>
        <title>CWL 2004-5 M1</title>
        <cusip>1266716K7</cusip>
        <identifiers>
          <isin value="US1266716K70"/>
        </identifiers>
        <balance>1694.46000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1694.00000000</valUSD>
        <pctVal>0.001385924105</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-08-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.28959200</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>Cwabs Asset Backed Certificates Series 2002-4</name>
        <lei>N/A</lei>
        <title>CWL 2005-1 MF4</title>
        <cusip>126673WH1</cusip>
        <identifiers>
          <isin value="US126673WH12"/>
        </identifiers>
        <balance>132573.63000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>110968.17000000</valUSD>
        <pctVal>0.090787167512</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-07-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.65400200</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Cwalt Incorporation</name>
        <lei>549300NHEJTDVQUV3M53</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Cwalt Incorporation</name>
        <lei>N/A</lei>
        <title>CWALT 2006-HY10 2A1</title>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Cwalt Alternative Loan Trust</name>
        <lei>N/A</lei>
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          <isin value="US12668EAD94"/>
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        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Cwalt Inc Mortgage Pass-Through Certificates Series 2005-2</name>
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        <title>CWALT 2006-OA17 2X</title>
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          <isin value="US12668PAN24"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-12-20</maturityDt>
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        <name>CWMBS Inc</name>
        <lei>549300430UQIJMFG3R47</lei>
        <title>CWALT 2006-OA2 X1P</title>
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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>
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          <maturityDt>2046-05-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.12446300</annualizedRt>
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        <name>CWMBS Inc</name>
        <lei>549300430UQIJMFG3R47</lei>
        <title>CWALT 2003-4CB B1</title>
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          <isin value="US12669DN799"/>
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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>
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          <maturityDt>2033-04-25</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>CWMBS Inc</name>
        <lei>N/A</lei>
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          <isin value="US12669E4F00"/>
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        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-10-25</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CWMBS Inc</name>
        <lei>N/A</lei>
        <title>CWHL 2003-58 M</title>
        <cusip>12669E6K7</cusip>
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          <isin value="US12669E6K76"/>
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        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-02-19</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>CWMBS Inc</name>
        <lei>549300430UQIJMFG3R47</lei>
        <title>CWHL 2004-29 2X</title>
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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>2035-02-25</maturityDt>
          <couponKind>Floating</couponKind>
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        <name>CWMBS Inc</name>
        <lei>N/A</lei>
        <title>CWHL 2004-25 1A2</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>CWMBS Inc</name>
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        <title>CWHL 2005-14 A3</title>
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        <name>CWMBS Inc</name>
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        <name>CWMBS Inc</name>
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        <name>CWMBS Inc</name>
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        <name>CWMBS Inc</name>
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      <invstOrSec>
        <name>CWMBS Reperforming Loan Remic Trust Certificates Series 2003-R2</name>
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        <title>CWHL 2006-R1 AS</title>
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          <isin value="US12669UCQ13"/>
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        <isRestrictedSec>N</isRestrictedSec>

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          <maturityDt>2036-01-25</maturityDt>
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      <invstOrSec>
        <name>Carrington Mortgage Loan Trust</name>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

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        <debtSec>
          <maturityDt>2035-12-25</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>CBA Commercial Assets Small Balance Commercial Mortgage Pass-Through Certificates Series 2006-2</name>
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        <title>CBAC 2006-2A A</title>
        <cusip>14983CAA3</cusip>
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          <isin value="US14983CAA36"/>
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        <balance>450909.18000000</balance>
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        <curCd>USD</curCd>
        <valUSD>432101.08000000</valUSD>
        <pctVal>0.353517888347</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-01-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.04000100</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>Centex Home Equity Loan Trust</name>
        <lei>N/A</lei>
        <title>CXHE 2001-B A5</title>
        <cusip>152314DP2</cusip>
        <identifiers>
          <isin value="US152314DP24"/>
        </identifiers>
        <balance>249013.79000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>179718.61000000</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>2032-07-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.33000000</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>Centex Home Equity Loan Trust</name>
        <lei>N/A</lei>
        <title>CXHE 2003-A M2</title>
        <cusip>152314GS3</cusip>
        <identifiers>
          <isin value="US152314GS36"/>
        </identifiers>
        <balance>48683.87000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>48136.91000000</valUSD>
        <pctVal>0.039382587923</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-03-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.16459000</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>Centex Home Equity Loan Trust</name>
        <lei>N/A</lei>
        <title>CXHE 2004-D MV2</title>
        <cusip>152314LR9</cusip>
        <identifiers>
          <isin value="US152314LR97"/>
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        <balance>23229.70000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>22418.96000000</valUSD>
        <pctVal>0.018341781043</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-09-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.46959200</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>Chase Funding Trust Series 2003 3</name>
        <lei>N/A</lei>
        <title>CFAB 2003-3 1M2</title>
        <cusip>161546FJ0</cusip>
        <identifiers>
          <isin value="US161546FJ05"/>
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        <balance>107193.84000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>90930.79000000</valUSD>
        <pctVal>0.074393845223</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-05-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.88500000</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 Financial Trust</name>
        <lei>N/A</lei>
        <title>CHASE 2007-A1 5A2</title>
        <cusip>161630AR9</cusip>
        <identifiers>
          <isin value="US161630AR98"/>
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        <balance>19953.23000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>18675.53000000</valUSD>
        <pctVal>0.015279142392</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-02-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.66689400</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>Chase Mortgage Financial Trust</name>
        <lei>N/A</lei>
        <title>CHASE 2007-A1 7A1</title>
        <cusip>161630AU2</cusip>
        <identifiers>
          <isin value="US161630AU28"/>
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        <balance>6500.79000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6549.80000000</valUSD>
        <pctVal>0.005358633829</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-02-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.55033400</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>Chevy Chase Funding Llc</name>
        <lei>N/A</lei>
        <title>CCMFC 2004-2A A2</title>
        <cusip>16678RBD8</cusip>
        <identifiers>
          <isin value="US16678RBD89"/>
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        <balance>30830.27000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>30176.00000000</valUSD>
        <pctVal>0.024688102604</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-05-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.75458800</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Chevy Chase Funding Llc</name>
        <lei>N/A</lei>
        <title>CCMFC 2007-2A A2</title>
        <cusip>16679BAB7</cusip>
        <identifiers>
          <isin value="US16679BAB71"/>
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        <balance>413137.92000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>284003.81000000</valUSD>
        <pctVal>0.232354029741</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-05-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.61459200</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>Citigroup Mortgage Loan Trust Inc.</name>
        <lei>N/A</lei>
        <title>CMLTI 2006-AR1 2A1</title>
        <cusip>17307G3C0</cusip>
        <identifiers>
          <isin value="US17307G3C01"/>
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        <balance>44431.35000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>44592.65000000</valUSD>
        <pctVal>0.036482897621</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-03-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.30000000</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>Citigroup Mortgage Loan Trust Inc.</name>
        <lei>549300R1KUK063S4I339</lei>
        <title>CMLTI 2004-HYB1 A31</title>
        <cusip>17307GDL9</cusip>
        <identifiers>
          <isin value="US17307GDL95"/>
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        <balance>15795.77000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>15876.88000000</valUSD>
        <pctVal>0.012989463231</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-02-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.74304800</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>Citigroup Mortgage Loan Trust Inc.</name>
        <lei>N/A</lei>
        <title>CMLTI 2004-HYB2 1A</title>
        <cusip>17307GEB0</cusip>
        <identifiers>
          <isin value="US17307GEB05"/>
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        <balance>19271.58000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>18546.92000000</valUSD>
        <pctVal>0.015173921791</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-03-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.99750400</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>Citigroup Mortgage Loan Trust Inc.</name>
        <lei>N/A</lei>
        <title>CBASS 2004-CB3 B2</title>
        <cusip>17307GET1</cusip>
        <identifiers>
          <isin value="US17307GET13"/>
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        <balance>108177.64000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>123971.96000000</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>2034-03-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.63773200</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>Citigroup Mortgage Loan Trust Inc.</name>
        <lei>N/A</lei>
        <title>CBASS 2004-CB3 B3</title>
        <cusip>17307GEU8</cusip>
        <identifiers>
          <isin value="US17307GEU85"/>
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        <balance>145075.46000000</balance>
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        <curCd>USD</curCd>
        <valUSD>251488.22000000</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>2034-03-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.63773200</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Citigroup Mortgage Loan Trust Inc.</name>
        <lei>N/A</lei>
        <title>CBASS 2004-CB3 B4</title>
        <cusip>17307GEV6</cusip>
        <identifiers>
          <isin value="US17307GEV68"/>
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        <balance>247675.02000000</balance>
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        <curCd>USD</curCd>
        <valUSD>296017.82000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-03-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.63773200</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Citigroup Mortgage Loan Trust Inc.</name>
        <lei>N/A</lei>
        <title>CMLTI 2005-HE4 M5</title>
        <cusip>17307GQ27</cusip>
        <identifiers>
          <isin value="US17307GQ276"/>
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        <balance>4607556.15000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2430551.30000000</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>2035-10-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.40959000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Citigroup Mortgage Loan Trust Inc.</name>
        <lei>N/A</lei>
        <title>CMLTI 2005-3 2A2B</title>
        <cusip>17307GTK4</cusip>
        <identifiers>
          <isin value="US17307GTK49"/>
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        <balance>99048.13000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>88857.98000000</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>2035-08-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.21027700</annualizedRt>
          <isDefault>N</isDefault>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Citigroup Mortgage Loan Trust Inc.</name>
        <lei>N/A</lei>
        <title>CMLTI 2005-WF2 MV6</title>
        <cusip>17307GWB0</cusip>
        <identifiers>
          <isin value="US17307GWB03"/>
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        <balance>1361034.37000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1426807.04000000</valUSD>
        <pctVal>1.167323654594</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-08-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.30959000</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>Citicorp Mtg Sec</name>
        <lei>N/A</lei>
        <title>CMSI 2007-7 APO</title>
        <cusip>173104AH3</cusip>
        <identifiers>
          <isin value="US173104AH35"/>
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        <balance>32251.20000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>21878.70000000</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>2037-08-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Citicorp Mortgage Securities Trust</name>
        <lei>N/A</lei>
        <title>CMSI 2006-4 1A12</title>
        <cusip>17310DAM2</cusip>
        <identifiers>
          <isin value="US17310DAM20"/>
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        <balance>55524.94000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>23198.41000000</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>2036-08-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.00000100</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CitiCorp Residential Mortgage Trust Series 2007 1</name>
        <lei>N/A</lei>
        <title>CRMSI 2006-2 M3</title>
        <cusip>17310EAJ7</cusip>
        <identifiers>
          <isin value="US17310EAJ73"/>
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        <balance>1373813.44000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1430290.36000000</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>2036-09-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.99600000</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>Citigroup Mortgage Loan Trust Inc.</name>
        <lei>N/A</lei>
        <title>CMLTI 2007-OPX1 A4B</title>
        <cusip>17311FAG9</cusip>
        <identifiers>
          <isin value="US17311FAG90"/>
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        <balance>304529.62000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>96594.27000000</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>2037-01-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.33300000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Citigroup Mortgage Loan Trust Inc.</name>
        <lei>N/A</lei>
        <title>CMLTI 2007-AMC2 A3A</title>
        <cusip>17311XAA3</cusip>
        <identifiers>
          <isin value="US17311XAA37"/>
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        <balance>70355.89000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>51058.22000000</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>2037-01-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.59459000</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>Citigroup Mortgage Loan Trust Inc.</name>
        <lei>N/A</lei>
        <title>CMLTI 2007-AHL3 A1</title>
        <cusip>17312GAS0</cusip>
        <identifiers>
          <isin value="US17312GAS03"/>
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        <balance>207177.53000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>180692.43000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-05-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.60459100</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>Citigroup Mortgage Loan Trust Inc.</name>
        <lei>N/A</lei>
        <title>CMLTI 2007-AR8 2A1A</title>
        <cusip>17313FAR3</cusip>
        <identifiers>
          <isin value="US17313FAR38"/>
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        <balance>33503.33000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>29843.00000000</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>2037-07-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.28599200</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Citigroup Commercial Mortgage Trust 2018 C5</name>
        <lei>N/A</lei>
        <title>CGCMT 2015-GC35 D</title>
        <cusip>17324KAU2</cusip>
        <identifiers>
          <isin value="US17324KAU25"/>
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        <balance>3150000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1727401.10000000</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>2048-11-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.23600000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Citimortgage Alternative Loan Trust Series 2006-A4</name>
        <lei>N/A</lei>
        <title>CMALT 2007-A6 1A2</title>
        <cusip>18976GAB2</cusip>
        <identifiers>
          <isin value="US18976GAB23"/>
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        <balance>2575561.14000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>172610.76000000</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>2037-06-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.96540800</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>Conseco Finance Home Equity Loan Trust 2000 A</name>
        <lei>N/A</lei>
        <title>CNF 2001-2 M1</title>
        <cusip>20846QHE1</cusip>
        <identifiers>
          <isin value="US20846QHE17"/>
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        <balance>1014862.66000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1050939.30000000</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>2031-03-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.69000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Credit Suisse First Boston Mortgage Securities Corp.</name>
        <lei>N/A</lei>
        <title>CSFB 2002-HE16 M2</title>
        <cusip>22540V2M3</cusip>
        <identifiers>
          <isin value="US22540V2M32"/>
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        <balance>78866.54000000</balance>
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        <curCd>USD</curCd>
        <valUSD>82568.84000000</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>2032-10-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.43459000</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>Credit Suisse First Boston Mortgage Securities Corp.</name>
        <lei>N/A</lei>
        <title>HEAT 2002-2 M2</title>
        <cusip>22541NCV9</cusip>
        <identifiers>
          <isin value="US22541NCV91"/>
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        <balance>171010.19000000</balance>
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        <curCd>USD</curCd>
        <valUSD>160196.70000000</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>2032-06-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.28458800</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Credit Suisse First Boston Mortgage Securities Corp.</name>
        <lei>N/A</lei>
        <title>CSFB 2003-AR9 CB1</title>
        <cusip>22541NR50</cusip>
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          <isin value="US22541NR509"/>
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        <balance>76578.39000000</balance>
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        <curCd>USD</curCd>
        <valUSD>73947.76000000</valUSD>
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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>Floating</couponKind>
          <annualizedRt>6.28961800</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Credit Suisse First Boston Mortgage Securities Corp.</name>
        <lei>N/A</lei>
        <title>HEAT 2003-8 M3</title>
        <cusip>22541QY55</cusip>
        <identifiers>
          <isin value="US22541QY557"/>
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        <balance>135034.70000000</balance>
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        <curCd>USD</curCd>
        <valUSD>133426.18000000</valUSD>
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        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-04-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.78458900</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Credit Suisse First Boston Mortgage Securities Corp.</name>
        <lei>N/A</lei>
        <title>CSFB 2004-AR7 CB1</title>
        <cusip>22541SSC3</cusip>
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          <isin value="US22541SSC34"/>
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        <balance>667594.48000000</balance>
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        <curCd>USD</curCd>
        <valUSD>616557.82000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-11-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.58459000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Credit Suisse First Boston Mortgage Securities Corp 2005-11</name>
        <lei>N/A</lei>
        <title>CSFB 2004-7 DB1</title>
        <cusip>2254W0KJ3</cusip>
        <identifiers>
          <isin value="US2254W0KJ31"/>
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        <balance>427315.06000000</balance>
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        <curCd>USD</curCd>
        <valUSD>277239.36000000</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>2034-11-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.98944200</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Cwalt Inc Mortgage Pass-Through Certificates Series 2005-2</name>
        <lei>N/A</lei>
        <title>CWALT 2006-OC6 2A2A</title>
        <cusip>23243DAC4</cusip>
        <identifiers>
          <isin value="US23243DAC48"/>
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        <balance>27900000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>111880.67000000</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>2036-07-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.00001100</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>DSLA Mortgage Loan Trust 2004-Ar4</name>
        <lei>N/A</lei>
        <title>DSLA 2004-AR3 B2</title>
        <cusip>23332UBM5</cusip>
        <identifiers>
          <isin value="US23332UBM53"/>
        </identifiers>
        <balance>9463.31000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>8419.21000000</valUSD>
        <pctVal>0.006888067349</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-08-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.08126000</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>DSLA Mortgage Loan Trust 2004-Ar4</name>
        <lei>N/A</lei>
        <title>DSLA 2004-AR3 B3</title>
        <cusip>23332UBN3</cusip>
        <identifiers>
          <isin value="US23332UBN37"/>
        </identifiers>
        <balance>176335.84000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>99273.00000000</valUSD>
        <pctVal>0.081218916022</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-07-19</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.30626000</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>DSLA MORTGAGE LOAN TRUST</name>
        <lei>N/A</lei>
        <title>DSLA 2005-AR1 2A2</title>
        <cusip>23332UCP7</cusip>
        <identifiers>
          <isin value="US23332UCP75"/>
        </identifiers>
        <balance>27.28000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>0.00000000</valUSD>
        <pctVal>0.000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-02-19</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.09126000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Delta Funding Home Equity Loan Trust 1998-1</name>
        <lei>N/A</lei>
        <title>DELHE 1999-3 M1</title>
        <cusip>24763LFY1</cusip>
        <identifiers>
          <isin value="US24763LFY11"/>
        </identifiers>
        <balance>102109.61000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>67133.63000000</valUSD>
        <pctVal>0.054924507744</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.10000000</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>Deutsche Alt A Securities Mortgage Loan Trust Series 2006 Af1</name>
        <lei>N/A</lei>
        <title>DBALT 2007-OA5 A3</title>
        <cusip>25150XAC6</cusip>
        <identifiers>
          <isin value="US25150XAC65"/>
        </identifiers>
        <balance>1000151.86000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>754511.96000000</valUSD>
        <pctVal>0.617294163744</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-08-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.23459100</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>Deutsche Alt A Securities Mortgage Loan Trust Series 2006 Af1</name>
        <lei>N/A</lei>
        <title>DBALT 2005-5 1A3</title>
        <cusip>251510HN6</cusip>
        <identifiers>
          <isin value="US251510HN65"/>
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        <balance>47466.87000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>80914.53000000</valUSD>
        <pctVal>0.066199172152</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-11-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.50000100</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>EMC Mortgage Loan Trust 2002-B</name>
        <lei>N/A</lei>
        <title>EMCM 2002-AA M2</title>
        <cusip>268668AS9</cusip>
        <identifiers>
          <isin value="US268668AS95"/>
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        <balance>611904.95000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>593836.01000000</valUSD>
        <pctVal>0.485839221414</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-05-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.98459000</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>Equifirst Mtg Ln T</name>
        <lei>N/A</lei>
        <title>EMLT 2004-3 M9</title>
        <cusip>29445FCF3</cusip>
        <identifiers>
          <isin value="US29445FCF36"/>
        </identifiers>
        <balance>442081.91000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>425402.56000000</valUSD>
        <pctVal>0.348037581180</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-12-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.33459000</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>Equifirst Loan Sec</name>
        <lei>N/A</lei>
        <title>EQLS 2007-1 M1</title>
        <cusip>29445UAD7</cusip>
        <identifiers>
          <isin value="US29445UAD72"/>
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        <balance>1371036.60000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1249629.39000000</valUSD>
        <pctVal>1.022368060661</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-04-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.71458900</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>Equity One, Inc.</name>
        <lei>N/A</lei>
        <title>EQABS 2004-3 M3</title>
        <cusip>294751FB3</cusip>
        <identifiers>
          <isin value="US294751FB36"/>
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        <balance>457004.57000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>356617.71000000</valUSD>
        <pctVal>0.291762149232</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.80130500</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNR 2012-90 SA</title>
        <cusip>3136A7RN4</cusip>
        <identifiers>
          <isin value="US3136A7RN43"/>
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        <balance>908312.16000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>90846.93000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-08-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.59583000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNR 2012-144 SH</title>
        <cusip>3136ABJT1</cusip>
        <identifiers>
          <isin value="US3136ABJT12"/>
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        <balance>3660194.11000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>478192.28000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-01-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.64583000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNR 2017-16 CS</title>
        <cusip>3136AVA82</cusip>
        <identifiers>
          <isin value="US3136AVA828"/>
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        <balance>3384431.04000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>434703.77000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-03-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.59583000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNR 2017-14 DS</title>
        <cusip>3136AVWC9</cusip>
        <identifiers>
          <isin value="US3136AVWC93"/>
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        <balance>2138091.40000000</balance>
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        <curCd>USD</curCd>
        <valUSD>253235.76000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-03-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.59583000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNR 2017-68 SN</title>
        <cusip>3136AXM44</cusip>
        <identifiers>
          <isin value="US3136AXM449"/>
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        <balance>2214894.39000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>273000.35000000</valUSD>
        <pctVal>0.223351691807</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-09-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.69583000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNR 2018-64 SE</title>
        <cusip>3136B23K6</cusip>
        <identifiers>
          <isin value="US3136B23K66"/>
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        <balance>1632620.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>202500.72000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-09-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.74583100</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Federal Home Loan Mortgage Corp.</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FHR 4238 NS</title>
        <cusip>3137B4EB8</cusip>
        <identifiers>
          <isin value="US3137B4EB82"/>
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        <balance>524809.51000000</balance>
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        <curCd>USD</curCd>
        <valUSD>57476.93000000</valUSD>
        <pctVal>0.047024004018</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-02-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.23684900</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Federal Home Loan Mortgage Corp.</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FHR 4416 DS</title>
        <cusip>3137BFM32</cusip>
        <identifiers>
          <isin value="US3137BFM327"/>
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        <balance>2969959.45000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>344048.12000000</valUSD>
        <pctVal>0.281478502373</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-12-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.63685200</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Federal Home Loan Mortgage Corp.</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FHR 4583 ST</title>
        <cusip>3137BPDJ5</cusip>
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          <isin value="US3137BPDJ53"/>
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        <balance>174141.85000000</balance>
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        <curCd>USD</curCd>
        <valUSD>19205.58000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-05-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.53685100</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Federal Home Loan Mortgage Corp.</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FHR 4685 SA</title>
        <cusip>3137BXSJ2</cusip>
        <identifiers>
          <isin value="US3137BXSJ23"/>
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        <balance>1484683.29000000</balance>
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        <curCd>USD</curCd>
        <valUSD>195911.98000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-05-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.63685200</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Federal Home Loan Mortgage Corp.</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FHR 4718 SC</title>
        <cusip>3137FAT73</cusip>
        <identifiers>
          <isin value="US3137FAT738"/>
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        <balance>3295298.70000000</balance>
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        <curCd>USD</curCd>
        <valUSD>442508.20000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-09-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.68684800</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FHR 4796 AS</title>
        <cusip>3137FG4D4</cusip>
        <identifiers>
          <isin value="US3137FG4D42"/>
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        <balance>1080770.04000000</balance>
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        <curCd>USD</curCd>
        <valUSD>150378.99000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-05-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.73684900</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNW 2003-W1 M</title>
        <cusip>31392GWD3</cusip>
        <identifiers>
          <isin value="US31392GWD32"/>
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        <balance>103332.32000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>88197.49000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-12-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.42155100</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>Finance America Mortgage Loan Trust</name>
        <lei>N/A</lei>
        <title>FINA 2004-1 M6</title>
        <cusip>317350AV8</cusip>
        <identifiers>
          <isin value="US317350AV80"/>
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        <balance>355141.31000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>330079.77000000</valUSD>
        <pctVal>0.270050478180</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-06-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.60958900</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>First American Funds Inc.</name>
        <lei>549300J5J5SJCZ9IA369</lei>
        <title>FRST AM-GV OB-X</title>
        <cusip>31846V336</cusip>
        <identifiers>
          <isin value="US31846V3362"/>
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        <balance>3317109.20000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3317109.20000000</valUSD>
        <pctVal>2.713849823751</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>First Franklin Mortgage Loan Trust 2005-FF4</name>
        <lei>N/A</lei>
        <title>FFML 2002-FF4 M1</title>
        <cusip>32027NBU4</cusip>
        <identifiers>
          <isin value="US32027NBU46"/>
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        <balance>640957.84000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>525831.36000000</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>2033-02-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.00959200</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>First Franklin Mortgage Loan Trust 2005-FF4</name>
        <lei>N/A</lei>
        <title>FFML 2003-FF4 M2</title>
        <cusip>32027NDV0</cusip>
        <identifiers>
          <isin value="US32027NDV01"/>
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        <balance>283821.25000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>255758.42000000</valUSD>
        <pctVal>0.209245430641</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-10-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.90959200</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>First Franklin Mortgage Loan Trust 2005-FF4</name>
        <lei>N/A</lei>
        <title>FFML 2003-FFH1 M2</title>
        <cusip>32027NEE7</cusip>
        <identifiers>
          <isin value="US32027NEE76"/>
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        <balance>887550.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>765927.87000000</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>2033-09-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.05958900</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>First Franklin Mortgage Loan Trust 2005-FF4</name>
        <lei>N/A</lei>
        <title>FFML 2004-FF5 M6</title>
        <cusip>32027NKA8</cusip>
        <identifiers>
          <isin value="US32027NKA80"/>
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        <balance>291205.08000000</balance>
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        <curCd>USD</curCd>
        <valUSD>268511.06000000</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>2034-08-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.83458900</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>First Franklin Mortgage Loan Trust</name>
        <lei>N/A</lei>
        <title>FFML 2006-FF11 M1</title>
        <cusip>32028PAG0</cusip>
        <identifiers>
          <isin value="US32028PAG00"/>
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        <balance>2056127.01000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1756404.55000000</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>2036-08-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.80958900</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Fremont Home Loan Trust 2006-3</name>
        <lei>N/A</lei>
        <title>FHLT 2004-B M6</title>
        <cusip>35729PDV9</cusip>
        <identifiers>
          <isin value="US35729PDV94"/>
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        <balance>54486.71000000</balance>
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        <curCd>USD</curCd>
        <valUSD>46942.70000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-05-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.75959000</annualizedRt>
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      <invstOrSec>
        <name>Fremont Home Loan Trust 2006-3</name>
        <lei>N/A</lei>
        <title>FHLT 2004-C M3</title>
        <cusip>35729PEV8</cusip>
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          <isin value="US35729PEV85"/>
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        <balance>325.39000000</balance>
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        <curCd>USD</curCd>
        <valUSD>277.44000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-08-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.15958900</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GE Capital Mortgage Services Inc</name>
        <lei>N/A</lei>
        <title>GECMS 1999-HE2 B1</title>
        <cusip>36157R3Y9</cusip>
        <identifiers>
          <isin value="US36157R3Y99"/>
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        <balance>29825.04000000</balance>
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        <curCd>USD</curCd>
        <valUSD>18857.60000000</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>2029-07-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.90499900</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GMAC MORTGAGE CORPORATION LOAN</name>
        <lei>N/A</lei>
        <title>GMACM 2006-HE1 A</title>
        <cusip>361856ER4</cusip>
        <identifiers>
          <isin value="US361856ER48"/>
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        <balance>140883114.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>112706.49000000</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>2036-11-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.00100100</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GS Mortgage Securities Corp</name>
        <lei>CU46ESEFJB81SUVBJO28</lei>
        <title>GSR 2004-7 1A2</title>
        <cusip>36228F5Q5</cusip>
        <identifiers>
          <isin value="US36228F5Q59"/>
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        <balance>10144.05000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>9900.68000000</valUSD>
        <pctVal>0.008100112794</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-06-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.05808600</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GS Mortgage Securities Corp</name>
        <lei>CU46ESEFJB81SUVBJO28</lei>
        <title>GSR 2003-2F 2A5</title>
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          <isin value="US36228FMW31"/>
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        <balance>155788.32000000</balance>
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        <curCd>USD</curCd>
        <valUSD>158987.95000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-03-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</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>GSR Mtg Loan Trust</name>
        <lei>N/A</lei>
        <title>GSR 2006-9F 6A1</title>
        <cusip>3622X7AA4</cusip>
        <identifiers>
          <isin value="US3622X7AA48"/>
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        <balance>1040429.78000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>73863.23000000</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>2036-10-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.78459100</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>GSAA Home Equity Trust 2004-8</name>
        <lei>N/A</lei>
        <title>GSAA 2006-3 A1</title>
        <cusip>362334BQ6</cusip>
        <identifiers>
          <isin value="US362334BQ67"/>
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        <balance>49058.41000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>16432.35000000</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>2036-03-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.59459000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GS Mortgage Securities Corp</name>
        <lei>CU46ESEFJB81SUVBJO28</lei>
        <title>GSAMP 2004-WF B1</title>
        <cusip>36242DKN2</cusip>
        <identifiers>
          <isin value="US36242DKN20"/>
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        <balance>89597.03000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>96113.98000000</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>2034-10-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.90959200</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GS Mortgage Securities Corp</name>
        <lei>CU46ESEFJB81SUVBJO28</lei>
        <title>GSAMP 2004-OPT B2</title>
        <cusip>36242DNY5</cusip>
        <identifiers>
          <isin value="US36242DNY57"/>
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        <balance>166296.60000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>124915.80000000</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>2034-11-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.79384600</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>GS MORTGAGE SECURITIES CORP</name>
        <lei>N/A</lei>
        <title>GSMS 2014-GC22 D</title>
        <cusip>36253BAE3</cusip>
        <identifiers>
          <isin value="US36253BAE39"/>
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        <balance>3500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1365406.00000000</valUSD>
        <pctVal>1.117089190928</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-06-10</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.47776600</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GSR Mtg Loan Trust</name>
        <lei>N/A</lei>
        <title>GSR 2006-4F 4A1</title>
        <cusip>362650AN3</cusip>
        <identifiers>
          <isin value="US362650AN34"/>
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        <balance>1775644.66000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>256996.69000000</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>2036-05-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.78459100</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>Gsmps Mtg Ln Trust</name>
        <lei>N/A</lei>
        <title>GSMPS 2003-3 B1</title>
        <cusip>36290PAW7</cusip>
        <identifiers>
          <isin value="US36290PAW77"/>
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        <balance>816423.94000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>8.16000000</valUSD>
        <pctVal>0.000006675998</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-06-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.97664500</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>Gsr Mortgage Loan Trust 2006 Ar2</name>
        <lei>N/A</lei>
        <title>GSR 2006-AR2 2A1</title>
        <cusip>36297TAB8</cusip>
        <identifiers>
          <isin value="US36297TAB89"/>
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        <balance>91678.08000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>59904.16000000</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>2036-04-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.69674700</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>Gsr Mortgage Loan Trust 2006 Ar2</name>
        <lei>N/A</lei>
        <title>GSR 2006-AR2 1B2</title>
        <cusip>36297TAN2</cusip>
        <identifiers>
          <isin value="US36297TAN28"/>
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        <balance>14373.12000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3558.77000000</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>2035-12-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.21458900</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Global Mortgage Securitization Ltd.</name>
        <lei>N/A</lei>
        <title>GMSL 2005-A B1</title>
        <cusip>378961AU0</cusip>
        <identifiers>
          <isin value="US378961AU01"/>
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        <balance>644823.23000000</balance>
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        <curCd>USD</curCd>
        <valUSD>588927.37000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-04-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GNR 2007-15 IO</title>
        <cusip>38373MYV6</cusip>
        <identifiers>
          <isin value="US38373MYV61"/>
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        <balance>2632068.40000000</balance>
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        <curCd>USD</curCd>
        <valUSD>13238.78000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-03-16</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.59829900</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 Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GNR 2012-72 IO</title>
        <cusip>38378BVN6</cusip>
        <identifiers>
          <isin value="US38378BVN62"/>
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        <balance>414456.45000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1685.55000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-11-16</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.48332900</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GNR 2015-6 IO</title>
        <cusip>38378X4A6</cusip>
        <identifiers>
          <isin value="US38378X4A60"/>
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        <balance>4044530.03000000</balance>
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        <curCd>USD</curCd>
        <valUSD>56767.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-02-16</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.45582100</annualizedRt>
          <isDefault>N</isDefault>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GNR 2015-122 IO</title>
        <cusip>38379KE38</cusip>
        <identifiers>
          <isin value="US38379KE385"/>
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        <balance>247300.90000000</balance>
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        <curCd>USD</curCd>
        <valUSD>25.10000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2057-05-16</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.58421200</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GNR 2019-111 SK</title>
        <cusip>38381YLR3</cusip>
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          <isin value="US38381YLR35"/>
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        <balance>8649350.05000000</balance>
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        <curCd>USD</curCd>
        <valUSD>132342.84000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-09-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.00010100</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Conseco Finance Corp.</name>
        <lei>N/A</lei>
        <title>GT 1997-2 M1</title>
        <cusip>393505SV5</cusip>
        <identifiers>
          <isin value="US393505SV51"/>
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        <balance>72615.21000000</balance>
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        <curCd>USD</curCd>
        <valUSD>74154.15000000</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>2028-06-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.53999800</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Greenpoint 06-Ar8</name>
        <lei>N/A</lei>
        <title>GPMF 2006-AR8 2A</title>
        <cusip>39539HAF7</cusip>
        <identifiers>
          <isin value="US39539HAF73"/>
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        <balance>26332087.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>176871.84000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hmh Tr 2017-Nss</name>
        <lei>N/A</lei>
        <title>HMH 2017-NSS A</title>
        <cusip>40390AAA9</cusip>
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          <isin value="US40390AAA97"/>
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        <balance>850000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>714788.04000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.06220000</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>Hmh Tr 2017-Nss</name>
        <lei>N/A</lei>
        <title>HMH 2017-NSS E</title>
        <cusip>40390AAJ0</cusip>
        <identifiers>
          <isin value="US40390AAJ07"/>
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        <balance>8113000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>949915.47000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.29150000</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>Hmh Tr 2017-Nss</name>
        <lei>N/A</lei>
        <title>HMH 2017-NSS F</title>
        <cusip>40390AAL5</cusip>
        <identifiers>
          <isin value="US40390AAL52"/>
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        <balance>4000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>22641.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.48050000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Harborview Mtg Loan Trust</name>
        <lei>N/A</lei>
        <title>HVMLT 2006-1 X1</title>
        <cusip>41161PB36</cusip>
        <identifiers>
          <isin value="US41161PB361"/>
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        <balance>10047940.26000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>100.48000000</valUSD>
        <pctVal>0.000082206407</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-03-19</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.00010100</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>Harborview Mtg Loan Trust</name>
        <lei>N/A</lei>
        <title>HVMLT 2005-8 1X</title>
        <cusip>41161PQX4</cusip>
        <identifiers>
          <isin value="US41161PQX41"/>
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        <balance>13038400.26000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>130.38000000</valUSD>
        <pctVal>0.000106668704</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-09-19</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.00010100</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>Home Equity Asset Trust</name>
        <lei>N/A</lei>
        <title>HEAT 2004-6 M5</title>
        <cusip>437084EX0</cusip>
        <identifiers>
          <isin value="US437084EX00"/>
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        <balance>215407.15000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>215535.25000000</valUSD>
        <pctVal>0.176337366350</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-12-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.08459000</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>Home Eqty Ln Tst</name>
        <lei>N/A</lei>
        <title>HELT 2007-FRE1 M1</title>
        <cusip>43710XAF5</cusip>
        <identifiers>
          <isin value="US43710XAF50"/>
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        <balance>3264667.62000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3106468.68000000</valUSD>
        <pctVal>2.541517017199</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-04-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.93458800</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>Homebanc Mortgage Trust 2006 1</name>
        <lei>N/A</lei>
        <title>HMBT 2005-1 B1</title>
        <cusip>43739EAT4</cusip>
        <identifiers>
          <isin value="US43739EAT47"/>
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        <balance>261514.05000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>172962.78000000</valUSD>
        <pctVal>0.141507252766</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-03-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.15844100</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>IMC Hm Eqty Ln Tst</name>
        <lei>N/A</lei>
        <title>IMCHE 1998-1 M1</title>
        <cusip>449670ED6</cusip>
        <identifiers>
          <isin value="US449670ED66"/>
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        <balance>453975.49000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>451652.09000000</valUSD>
        <pctVal>0.369513293334</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.53000100</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
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      <invstOrSec>
        <name>IMC Hm Eqty Ln Tst</name>
        <lei>N/A</lei>
        <title>IMCHE 1998-5 A6</title>
        <cusip>449670EY0</cusip>
        <identifiers>
          <isin value="US449670EY04"/>
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        <balance>96.38000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>96.23000000</valUSD>
        <pctVal>0.000078729325</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.56000000</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>Impac CMB Trust</name>
        <lei>N/A</lei>
        <title>IMM 2004-4 1M6</title>
        <cusip>45254NJA6</cusip>
        <identifiers>
          <isin value="US45254NJA63"/>
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        <balance>12706.84000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>12614.89000000</valUSD>
        <pctVal>0.010320708466</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-09-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.68459200</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Impac CMB Trust</name>
        <lei>N/A</lei>
        <title>IMM 2005-2 2M2</title>
        <cusip>45254NNM5</cusip>
        <identifiers>
          <isin value="US45254NNM55"/>
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        <balance>430.98000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>417.22000000</valUSD>
        <pctVal>0.000341343125</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-04-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.55959200</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Impac CMB Trust</name>
        <lei>N/A</lei>
        <title>IMM 2005-2 2B</title>
        <cusip>45254NNN3</cusip>
        <identifiers>
          <isin value="US45254NNN39"/>
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        <balance>21692.68000000</balance>
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        <curCd>USD</curCd>
        <valUSD>21753.04000000</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>2035-04-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.90959200</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Impac Secured Assets Corp Mortgage Pass-Through Certificates Series 2006-1</name>
        <lei>N/A</lei>
        <title>IMSA 2002-2 M1</title>
        <cusip>45254TLL6</cusip>
        <identifiers>
          <isin value="US45254TLL60"/>
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        <balance>260181.69000000</balance>
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        <curCd>USD</curCd>
        <valUSD>129596.89000000</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>2033-04-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Impac Secured Assets Corp Mortgage Pass-Through Certificates Series 2006-1</name>
        <lei>N/A</lei>
        <title>IMSA 2004-1 M2</title>
        <cusip>45254TPB4</cusip>
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          <isin value="US45254TPB43"/>
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        <balance>730620.98000000</balance>
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        <curCd>USD</curCd>
        <valUSD>387144.59000000</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>2034-03-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.44178900</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Indymac ABS, Inc.</name>
        <lei>N/A</lei>
        <title>INHEL 2003-A MF1</title>
        <cusip>456606DX7</cusip>
        <identifiers>
          <isin value="US456606DX75"/>
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        <balance>105692.81000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>195719.17000000</valUSD>
        <pctVal>0.160125097783</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-04-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.69018100</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Indymac ABS, Inc.</name>
        <lei>N/A</lei>
        <title>INABS 2005-D M1</title>
        <cusip>456606JP8</cusip>
        <identifiers>
          <isin value="US456606JP87"/>
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        <balance>137000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>128735.82000000</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>2036-03-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.09459000</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>Indymac Indx Mortgage Loan Trust 2004-Ar14</name>
        <lei>N/A</lei>
        <title>RAST 2005-A16 A3</title>
        <cusip>45660L2V0</cusip>
        <identifiers>
          <isin value="US45660L2V07"/>
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        <balance>266415.83000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>120653.58000000</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>2036-02-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Indymac Indx Mortgage Loan Trust 2004-Ar14</name>
        <lei>N/A</lei>
        <title>RAST 2005-A11 1AX</title>
        <cusip>45660LB24</cusip>
        <identifiers>
          <isin value="US45660LB243"/>
        </identifiers>
        <balance>12316624.84000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>137640.75000000</valUSD>
        <pctVal>0.112608992531</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-10-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.35221000</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>Indymac Indx Mortgage Loan Trust 2004-Ar14</name>
        <lei>N/A</lei>
        <title>INDX 2005-AR2 2A1B</title>
        <cusip>45660LCM9</cusip>
        <identifiers>
          <isin value="US45660LCM90"/>
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        <balance>194469.27000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>142336.28000000</valUSD>
        <pctVal>0.116450579435</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-02-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.21458900</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>Indymac Indx Mortgage Loan Trust 2004-Ar14</name>
        <lei>N/A</lei>
        <title>INDX 2005-AR4 2A1A</title>
        <cusip>45660LEG0</cusip>
        <identifiers>
          <isin value="US45660LEG05"/>
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        <balance>147170.26000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>146564.77000000</valUSD>
        <pctVal>0.119910063627</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-03-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.99459000</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>Indymac Indx Mortgage Loan Trust 2004-Ar14</name>
        <lei>N/A</lei>
        <title>INDX 2004-AR9 5M2</title>
        <cusip>45660N3Y9</cusip>
        <identifiers>
          <isin value="US45660N3Y90"/>
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        <balance>896569.85000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>645243.57000000</valUSD>
        <pctVal>0.527897649170</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-11-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.23459200</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>Indymac Indx Mortgage Loan Trust 2004-Ar14</name>
        <lei>N/A</lei>
        <title>INDX 2006-AR5 2A1</title>
        <cusip>45661ECM4</cusip>
        <identifiers>
          <isin value="US45661ECM49"/>
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        <balance>35078.84000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>33929.70000000</valUSD>
        <pctVal>0.027759143523</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-05-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.66864500</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>IndyMac INDA Mortgage Loan Trust</name>
        <lei>N/A</lei>
        <title>INDA 2006-AR3 1A1</title>
        <cusip>45662FAA8</cusip>
        <identifiers>
          <isin value="US45662FAA84"/>
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        <balance>68314.42000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>53677.37000000</valUSD>
        <pctVal>0.043915443336</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-12-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.36924100</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>Indymac Indx 07-Fl</name>
        <lei>N/A</lei>
        <title>INDX 2007-FLX3 A2</title>
        <cusip>45670AAB7</cusip>
        <identifiers>
          <isin value="US45670AAB70"/>
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        <balance>1178836.70000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1292010.80000000</valUSD>
        <pctVal>1.057041860986</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-06-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.97459200</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>JP Morgan Mortgage Trust</name>
        <lei>N/A</lei>
        <title>JPMMT 2005-A1 IB2</title>
        <cusip>466247MC4</cusip>
        <identifiers>
          <isin value="US466247MC40"/>
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        <balance>957410.84000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>976598.41000000</valUSD>
        <pctVal>0.798991309316</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-02-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.31546600</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>JP Morgan Mortgage Trust</name>
        <lei>N/A</lei>
        <title>JPMMT 2006-A6 3A2</title>
        <cusip>46628BBF6</cusip>
        <identifiers>
          <isin value="US46628BBF67"/>
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        <balance>45723.89000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>25480.31000000</valUSD>
        <pctVal>0.020846384798</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-10-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.47089000</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 Alt 06</name>
        <lei>N/A</lei>
        <title>JPALT 2006-A2 5A1</title>
        <cusip>46628GAQ2</cusip>
        <identifiers>
          <isin value="US46628GAQ29"/>
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        <balance>338955.53000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>192460.64000000</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>2036-05-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.39984400</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 Mortgage Trust</name>
        <lei>N/A</lei>
        <title>JPMMT 2006-S3 1A12</title>
        <cusip>46629AAM3</cusip>
        <identifiers>
          <isin value="US46629AAM36"/>
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        <balance>129289.64000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>40521.91000000</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>2036-08-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JP Morgan Mortgage Trust</name>
        <lei>N/A</lei>
        <title>JPMMT 2006-A7 2A2</title>
        <cusip>46629DAK1</cusip>
        <identifiers>
          <isin value="US46629DAK19"/>
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        <balance>115826.97000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>88698.12000000</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>2037-01-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.55667500</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JP Morgan Commercial Mortgage Finance Corp</name>
        <lei>N/A</lei>
        <title>JPMCC 2013-LC11 D</title>
        <cusip>46639YAX5</cusip>
        <identifiers>
          <isin value="US46639YAX58"/>
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        <balance>1821000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>521202.80000000</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>2046-04-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.28683000</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>JPMBB COMMERCIAL MORTGAGE SECURITIES TRUST</name>
        <lei>N/A</lei>
        <title>JPMBB 2015-C28 E</title>
        <cusip>46644FAZ4</cusip>
        <identifiers>
          <isin value="US46644FAZ45"/>
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        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>757794.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-10-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.93431400</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>JPMBB Commercial Mortgage Securities Trust 2016-C1</name>
        <lei>N/A</lei>
        <title>JPMBB 2016-C1 E</title>
        <cusip>46645LAJ6</cusip>
        <identifiers>
          <isin value="US46645LAJ61"/>
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        <balance>3302000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2554716.79000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-03-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.69957000</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>JP Morgan Chase Commercial Mortgage Securities Corp.</name>
        <lei>N/A</lei>
        <title>JPMCC 2018-PTC C</title>
        <cusip>46649GAJ3</cusip>
        <identifiers>
          <isin value="US46649GAJ31"/>
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        <balance>64000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6720.67000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.91700000</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>JP Morgan Chase Commercial Mortgage Securities Corp.</name>
        <lei>N/A</lei>
        <title>JPMCC 2018-PTC D</title>
        <cusip>46649GAL8</cusip>
        <identifiers>
          <isin value="US46649GAL86"/>
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        <balance>27000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2126.53000000</valUSD>
        <pctVal>0.001739792909</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.73700100</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Lehman Mortgage Trust</name>
        <lei>N/A</lei>
        <title>LMT 2005-3 2A7</title>
        <cusip>52520MEF6</cusip>
        <identifiers>
          <isin value="US52520MEF68"/>
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        <balance>32865.54000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>26858.69000000</valUSD>
        <pctVal>0.021974088499</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-01-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LEHMAN XS TRUST</name>
        <lei>N/A</lei>
        <title>LXS 2006-18N A5A</title>
        <cusip>52522GAE4</cusip>
        <identifiers>
          <isin value="US52522GAE44"/>
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        <balance>3085906.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>28745.31000000</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>2036-12-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.00001100</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Lehman Xs Trust</name>
        <lei>N/A</lei>
        <title>LXS 2007-1 1A4</title>
        <cusip>525241AD7</cusip>
        <identifiers>
          <isin value="US525241AD75"/>
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        <balance>138414.13000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>111218.09000000</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>2037-02-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.89458900</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>Lehman Xs Trust</name>
        <lei>N/A</lei>
        <title>LXS 2007-16N 2A2</title>
        <cusip>52525BAD4</cusip>
        <identifiers>
          <isin value="US52525BAD47"/>
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        <balance>106918.11000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>95775.25000000</valUSD>
        <pctVal>0.078357277273</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-09-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.13459100</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Master Asset Securitization Trust</name>
        <lei>N/A</lei>
        <title>MASTR 2004-3 4A11</title>
        <cusip>55265K8B8</cusip>
        <identifiers>
          <isin value="US55265K8B85"/>
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        <balance>26993.15000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>296.44000000</valUSD>
        <pctVal>0.000242528537</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-03-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MASTR Alternative Loan Trust</name>
        <lei>N/A</lei>
        <title>MALT 2006-2 2A1</title>
        <cusip>5764342H6</cusip>
        <identifiers>
          <isin value="US5764342H69"/>
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        <balance>283072.39000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>27299.10000000</valUSD>
        <pctVal>0.022334404222</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-03-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.83459100</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MASTR Alternative Loan Trust</name>
        <lei>N/A</lei>
        <title>MALT 2006-2 2A3</title>
        <cusip>5764342K9</cusip>
        <identifiers>
          <isin value="US5764342K98"/>
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        <balance>435495.96000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>41477.81000000</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>2036-03-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.78459100</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>Mastr Specialized Loan Trust 2006-03</name>
        <lei>N/A</lei>
        <title>MASD 2005-2 B</title>
        <cusip>576436CK3</cusip>
        <identifiers>
          <isin value="US576436CK31"/>
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        <balance>332556.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>310882.63000000</valUSD>
        <pctVal>0.254344587339</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-07-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MASTR Asset Backed Securities Trust</name>
        <lei>N/A</lei>
        <title>MABS 2004-FRE1 M6</title>
        <cusip>57643LDZ6</cusip>
        <identifiers>
          <isin value="US57643LDZ67"/>
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        <balance>133608.51000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>116669.42000000</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>2034-07-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.53459000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MASTR Asset Backed Securities Trust</name>
        <lei>N/A</lei>
        <title>MABS 2004-OPT2 M4</title>
        <cusip>57643LEZ5</cusip>
        <identifiers>
          <isin value="US57643LEZ58"/>
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        <balance>24380.83000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>18754.97000000</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>2034-09-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.93458900</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MASTR Asset Backed Securities Trust</name>
        <lei>N/A</lei>
        <title>MABS 2004-OPT2 M8</title>
        <cusip>57643LFD3</cusip>
        <identifiers>
          <isin value="US57643LFD38"/>
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        <balance>662362.49000000</balance>
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        <curCd>USD</curCd>
        <valUSD>445016.52000000</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>2034-09-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.28458900</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MASTR Asset Backed Securities Trust</name>
        <lei>N/A</lei>
        <title>MABS 2005-NC1 M5</title>
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        <identifiers>
          <isin value="US57643LGK61"/>
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        <balance>4508.37000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6307.18000000</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>2034-12-25</maturityDt>
          <couponKind>Floating</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Merrill Lynch Mortgage Investors, Inc.</name>
        <lei>N/A</lei>
        <title>MLCC 2003-G XA2</title>
        <cusip>5899295Z7</cusip>
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          <isin value="US5899295Z76"/>
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        <balance>2040366.06000000</balance>
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        <curCd>USD</curCd>
        <valUSD>11341.37000000</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>2029-01-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.24342100</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Merrill Lynch Mortgage Investors, Inc.</name>
        <lei>N/A</lei>
        <title>MLMI 2003-A1 M2</title>
        <cusip>589929E95</cusip>
        <identifiers>
          <isin value="US589929E958"/>
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        <balance>27259.73000000</balance>
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        <curCd>USD</curCd>
        <valUSD>27291.38000000</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>2032-12-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.19019600</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Merrill Lynch Mortgage Investors, Inc.</name>
        <lei>N/A</lei>
        <title>MLMI 2004-A1 M1</title>
        <cusip>59020UAG0</cusip>
        <identifiers>
          <isin value="US59020UAG04"/>
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        <balance>16688.93000000</balance>
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        <curCd>USD</curCd>
        <valUSD>11144.82000000</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>2034-02-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.46333900</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Merrill Lynch Mortgage Investors, Inc.</name>
        <lei>N/A</lei>
        <title>CBASS 2004-CB6 B1</title>
        <cusip>59020UJF3</cusip>
        <identifiers>
          <isin value="US59020UJF30"/>
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        <balance>54765.23000000</balance>
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        <curCd>USD</curCd>
        <valUSD>45054.27000000</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>2035-07-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.07362000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Merrill Lynch Mortgage Investors, Inc.</name>
        <lei>N/A</lei>
        <title>CBASS 2004-CB8 M1</title>
        <cusip>59020UPR0</cusip>
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          <isin value="US59020UPR04"/>
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        <balance>8241.03000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>8158.83000000</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>2035-12-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.78835200</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      </invstOrSec>
      <invstOrSec>
        <name>Merrill Lynch Mortgage Investors, Inc.</name>
        <lei>N/A</lei>
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          <isin value="US59020UQW89"/>
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        <curCd>USD</curCd>
        <valUSD>2840.54000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-09-25</maturityDt>
          <couponKind>Floating</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>Merrill Lynch Mortgage Investors Trust 2006 Rm2</name>
        <lei>N/A</lei>
        <title>MLCC 2007-3 M1</title>
        <cusip>59022XAH0</cusip>
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          <isin value="US59022XAH08"/>
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        <balance>259270.91000000</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>2037-09-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.23071300</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>Morgan Stanley ABS Capital I Inc. Trust 2004-NC1</name>
        <lei>549300RLSHIMYD3FZB52</lei>
        <title>MSAC 2004-NC7 M4</title>
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          <isin value="US61744CFS08"/>
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        <balance>11227.56000000</balance>
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        <curCd>USD</curCd>
        <valUSD>12320.50000000</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>2034-07-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.15958900</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Morgan Stanley ABS Capital I Inc. Trust 2004-NC1</name>
        <lei>549300RLSHIMYD3FZB52</lei>
        <title>MSAC 2005-WMC4 M6</title>
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          <isin value="US61744CRF58"/>
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        <balance>141098.04000000</balance>
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        <curCd>USD</curCd>
        <valUSD>131266.37000000</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>2035-04-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.48458900</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Morgan Stanley ABS Capital I Inc</name>
        <lei>549300RLSHIMYD3FZB52</lei>
        <title>MSAC 2003-NC8 B1</title>
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          <isin value="US61746RDQ11"/>
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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>
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          <couponKind>Floating</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Morgan Stanley ABS Capital I Inc</name>
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        <title>MSAC 2003-NC10 B2</title>
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          <isin value="US61746REB33"/>
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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>2033-10-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.05959200</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Morgan Stanley Bank Of America Merrill Lynch Trust</name>
        <lei>N/A</lei>
        <title>MSBAM 2016-C29 E</title>
        <cusip>61766EAN5</cusip>
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          <isin value="US61766EAN58"/>
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        <balance>1666666.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1260774.83000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
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          <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>Morgan Stanley Bank Of America Merrill Lynch Trust</name>
        <lei>N/A</lei>
        <title>MSBAM 2016-C30 E</title>
        <cusip>61766NAL9</cusip>
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          <isin value="US61766NAL91"/>
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        <balance>3976000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2365361.36000000</valUSD>
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        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-09-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.99999900</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Mortgageit Mortgage Loan Trust 2006-1</name>
        <lei>N/A</lei>
        <title>MHL 2005-2 1M2</title>
        <cusip>61915RAE6</cusip>
        <identifiers>
          <isin value="US61915RAE62"/>
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        <balance>22923.00000000</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>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Mortgageit Mortgage Loan Trust 2006-1</name>
        <lei>N/A</lei>
        <title>MHL 2005-2 2M2</title>
        <cusip>61915RAG1</cusip>
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          <isin value="US61915RAG11"/>
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        <balance>19034.47000000</balance>
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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>Floating</couponKind>
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      <invstOrSec>
        <name>New Century Home Equity Loan Trust 2005-1</name>
        <lei>N/A</lei>
        <title>NCHET 2003-2 M2</title>
        <cusip>64352VCS8</cusip>
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          <isin value="US64352VCS88"/>
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        <assetCat>ABS-O</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>New Century Home Equity Loan Trust 2005-1</name>
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        <title>NCHET 2003-3 M6</title>
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          <isin value="US64352VDE83"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>New Century Home Equity Loan Trust 2005-1</name>
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          <isin value="US64352VEM90"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>New Century Home Equity Loan Trust 2005-1</name>
        <lei>N/A</lei>
        <title>NCHET 2003-5 B</title>
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          <isin value="US64352VEN73"/>
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      <invstOrSec>
        <name>New Century Home Equity Loan Trust 2005-1</name>
        <lei>N/A</lei>
        <title>NCHET 2004-1 M2</title>
        <cusip>64352VFR7</cusip>
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          <isin value="US64352VFR78"/>
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        <assetCat>ABS-O</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-05-25</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Newcastle Mortgage Securities Trust</name>
        <lei>N/A</lei>
        <title>NCMT 2007-1 M2</title>
        <cusip>65106FAG7</cusip>
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          <isin value="US65106FAG72"/>
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        <balance>1174851.63000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1826230.61000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-04-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.08459000</annualizedRt>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>Nomura Asset Acceptance Corp Alternative Loan Trust Series 2004-Ap2</name>
        <lei>N/A</lei>
        <title>NAA 2004-AR1 5M1</title>
        <cusip>65535VEA2</cusip>
        <identifiers>
          <isin value="US65535VEA26"/>
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        <balance>121313.89000000</balance>
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        <curCd>USD</curCd>
        <valUSD>137422.63000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-08-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.53459000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Nomura Asset Acceptance Corp Alternative Loan Trust Series 2006-Af1</name>
        <lei>N/A</lei>
        <title>NAA 2006-AF1 2A</title>
        <cusip>65536PAL4</cusip>
        <identifiers>
          <isin value="US65536PAL40"/>
        </identifiers>
        <balance>205478.70000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>148930.90000000</valUSD>
        <pctVal>0.121845882166</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-06-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.20030400</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>Novastar Mortgage Funding Trust Series 2005-1</name>
        <lei>N/A</lei>
        <title>NHEL 2004-3 B1</title>
        <cusip>66987XFV2</cusip>
        <identifiers>
          <isin value="US66987XFV29"/>
        </identifiers>
        <balance>329739.06000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>273975.21000000</valUSD>
        <pctVal>0.224149260859</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-12-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.20959000</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>Option One Mortgage Loan Trust</name>
        <lei>N/A</lei>
        <title>OOMLT 2004-1 M3</title>
        <cusip>68389FEU4</cusip>
        <identifiers>
          <isin value="US68389FEU49"/>
        </identifiers>
        <balance>204031.65000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>179232.68000000</valUSD>
        <pctVal>0.146636890045</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-01-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.45959200</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>Option One Mortgage Loan Trust</name>
        <lei>N/A</lei>
        <title>OOMLT 2004-1 M4</title>
        <cusip>68389FEV2</cusip>
        <identifiers>
          <isin value="US68389FEV22"/>
        </identifiers>
        <balance>298286.20000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>261047.11000000</valUSD>
        <pctVal>0.213572303698</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-01-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.90959200</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>Option One Mortgage Loan Trust</name>
        <lei>N/A</lei>
        <title>OOMLT 2004-2 M4</title>
        <cusip>68389FFK5</cusip>
        <identifiers>
          <isin value="US68389FFK57"/>
        </identifiers>
        <balance>471888.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>510112.77000000</valUSD>
        <pctVal>0.417342139643</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-05-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.13459200</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>Origen Manufactured Housing Contract Trust 2001-A</name>
        <lei>N/A</lei>
        <title>ORGN 2001-A M1</title>
        <cusip>68619AAG2</cusip>
        <identifiers>
          <isin value="US68619AAG22"/>
        </identifiers>
        <balance>122045.86000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>121948.09000000</valUSD>
        <pctVal>0.099770246500</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.82000000</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>Ownit Mortgage Loan Trust 2004-1</name>
        <lei>N/A</lei>
        <title>OWNIT 2004-1 B2</title>
        <cusip>691215AH0</cusip>
        <identifiers>
          <isin value="US691215AH08"/>
        </identifiers>
        <balance>932159.83000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1046760.96000000</valUSD>
        <pctVal>0.856393888632</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-07-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.20959000</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>Peoples Choice Home Loan Securities Trust Series 2005-4</name>
        <lei>N/A</lei>
        <title>PCHLT 2004-2 M5</title>
        <cusip>71085PAZ6</cusip>
        <identifiers>
          <isin value="US71085PAZ62"/>
        </identifiers>
        <balance>1325384.19000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>822347.48000000</valUSD>
        <pctVal>0.672792913679</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-10-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.13459200</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>Provident Bank Home Equity Loan Trust 2000-2</name>
        <lei>N/A</lei>
        <title>PBHET 1999-3 A2</title>
        <cusip>743844CV2</cusip>
        <identifiers>
          <isin value="US743844CV22"/>
        </identifiers>
        <balance>153353.53000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>137936.82000000</valUSD>
        <pctVal>0.112851218357</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.85458900</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>Rali Series 2006-Qs7 Trust</name>
        <lei>N/A</lei>
        <title>RALI 2006-QS7 A4</title>
        <cusip>748940AD5</cusip>
        <identifiers>
          <isin value="US748940AD51"/>
        </identifiers>
        <balance>118635.40000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>85894.92000000</valUSD>
        <pctVal>0.070273813567</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-06-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.83459100</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>RALI Series 2006 QS16 Trust</name>
        <lei>N/A</lei>
        <title>RALI 2006-QS16 A10</title>
        <cusip>74922LAK9</cusip>
        <identifiers>
          <isin value="US74922LAK98"/>
        </identifiers>
        <balance>239918.40000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>189481.07000000</valUSD>
        <pctVal>0.155021477262</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-11-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Rali Series 2006-Qs17 Trust</name>
        <lei>N/A</lei>
        <title>RALI 2006-QS12 AV</title>
        <cusip>751151BA8</cusip>
        <identifiers>
          <isin value="US751151BA85"/>
        </identifiers>
        <balance>28032074.23000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>325242.14000000</valUSD>
        <pctVal>0.266092634006</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-09-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.45564500</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>Rali Series 2006-Qs17 Trust</name>
        <lei>N/A</lei>
        <title>RALI 2007-QH7 1A2</title>
        <cusip>75115LAB3</cusip>
        <identifiers>
          <isin value="US75115LAB36"/>
        </identifiers>
        <balance>568891.50000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>547101.76000000</valUSD>
        <pctVal>0.447604201559</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-08-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.97459200</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>Rali Series 2006-Qs17 Trust</name>
        <lei>N/A</lei>
        <title>RALI 2007-QH5 AI2</title>
        <cusip>75116EAB8</cusip>
        <identifiers>
          <isin value="US75116EAB83"/>
        </identifiers>
        <balance>49048799.63000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>157030.22000000</valUSD>
        <pctVal>0.128472235665</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-06-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.93458800</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>RAMP Series 2007 RS2 Trust</name>
        <lei>N/A</lei>
        <title>RAMP 2007-RS2 A3</title>
        <cusip>75157DAC8</cusip>
        <identifiers>
          <isin value="US75157DAC83"/>
        </identifiers>
        <balance>178703.88000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>161884.97000000</valUSD>
        <pctVal>0.132444086345</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-05-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.17459000</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>Renaissance Mortgage Acceptance Corp.</name>
        <lei>N/A</lei>
        <title>RAMC 2002-3 B</title>
        <cusip>75970NAD9</cusip>
        <identifiers>
          <isin value="US75970NAD93"/>
        </identifiers>
        <balance>373885.88000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>218928.99000000</valUSD>
        <pctVal>0.179113910668</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-12-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.68459000</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>Renaissance Home Equity Loan Trust</name>
        <lei>N/A</lei>
        <title>RAMC 2003-2 M2A</title>
        <cusip>759950AZ1</cusip>
        <identifiers>
          <isin value="US759950AZ18"/>
        </identifiers>
        <balance>272047.49000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>228440.89000000</valUSD>
        <pctVal>0.186895948153</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-08-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.99117600</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>Residential Asset Mortgage Products, Inc.</name>
        <lei>N/A</lei>
        <title>RAMP 2003-RS7 MII3</title>
        <cusip>760985YE5</cusip>
        <identifiers>
          <isin value="US760985YE53"/>
        </identifiers>
        <balance>358779.51000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>290937.50000000</valUSD>
        <pctVal>0.238026738190</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-08-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.31637600</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>Residential Asset Mortgage Products, Inc.</name>
        <lei>N/A</lei>
        <title>RAMP 2004-SL1 MI6</title>
        <cusip>760985Z95</cusip>
        <identifiers>
          <isin value="US760985Z956"/>
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        <balance>6258.46000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6069.10000000</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>2031-10-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.28458900</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>Residential Accredit Loans Inc</name>
        <lei>N/A</lei>
        <title>RALI 2003-QS9 A2</title>
        <cusip>76110HCB3</cusip>
        <identifiers>
          <isin value="US76110HCB33"/>
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        <balance>1081.52000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>917.82000000</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>2030-05-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.88459200</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>Residential Asset Securities Corp.</name>
        <lei>N/A</lei>
        <title>RASC 2003-KS4 AIII</title>
        <cusip>76110WRU2</cusip>
        <identifiers>
          <isin value="US76110WRU26"/>
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        <balance>13084.78000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>13083.54000000</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>2033-06-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.01459100</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Residential Accredit Loans Inc</name>
        <lei>N/A</lei>
        <title>RALI 2005-QS7 CB</title>
        <cusip>761118AH1</cusip>
        <identifiers>
          <isin value="US761118AH15"/>
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        <balance>150126.43000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>134962.77000000</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>2035-06-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Residential Accredit Loans Inc</name>
        <lei>N/A</lei>
        <title>RALI 2005-QO1 A3</title>
        <cusip>761118EQ7</cusip>
        <identifiers>
          <isin value="US761118EQ77"/>
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        <balance>3095243.75000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1229965.68000000</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>2035-08-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.81459000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Residential Asset Mortgage Products, Inc.</name>
        <lei>N/A</lei>
        <title>RAAC 2006-SP1 M2</title>
        <cusip>76112B3G3</cusip>
        <identifiers>
          <isin value="US76112B3G34"/>
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        <balance>190944.07000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>136443.25000000</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>2045-09-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.25958900</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Residential Asset Mortgage Products, Inc.</name>
        <lei>N/A</lei>
        <title>RAMP 2005-RS8 M2</title>
        <cusip>76112BZK9</cusip>
        <identifiers>
          <isin value="US76112BZK96"/>
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        <balance>137599.43000000</balance>
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        <curCd>USD</curCd>
        <valUSD>136745.20000000</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>2035-09-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.18459000</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>Saco I Inc</name>
        <lei>N/A</lei>
        <title>SACO 1999-3 1B1</title>
        <cusip>78386NBC2</cusip>
        <identifiers>
          <isin value="US78386NBC20"/>
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        <balance>136499.50000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>133040.36000000</valUSD>
        <pctVal>0.108845243182</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-04-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.91909000</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>SG Mortgage Securities Trust 2006 Opt2</name>
        <lei>N/A</lei>
        <title>SGMS 2006-OPT2 A3C</title>
        <cusip>78420MAE9</cusip>
        <identifiers>
          <isin value="US78420MAE93"/>
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        <balance>84720.97000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>79213.15000000</valUSD>
        <pctVal>0.064807210195</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-10-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.73459000</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>Saco I Trust 2005-5</name>
        <lei>N/A</lei>
        <title>SACO 2006-3 A1</title>
        <cusip>785778QJ3</cusip>
        <identifiers>
          <isin value="US785778QJ31"/>
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        <balance>53186.79000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>157748.16000000</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>2036-04-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.79459200</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Salomon Brothers Mortgage Securities VII Inc.</name>
        <lei>N/A</lei>
        <title>SBM7 1997-LB6 B2</title>
        <cusip>79548KYB8</cusip>
        <identifiers>
          <isin value="US79548KYB87"/>
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        <balance>143936.60000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>34320.44000000</valUSD>
        <pctVal>0.028078822380</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Salomon Brothers Mortgage Securities VII Inc.</name>
        <lei>N/A</lei>
        <title>SBM7 2002-WMC1 M1</title>
        <cusip>79549AKF5</cusip>
        <identifiers>
          <isin value="US79549AKF56"/>
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        <balance>94724.33000000</balance>
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        <curCd>USD</curCd>
        <valUSD>94962.49000000</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>2032-01-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.78459200</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Saxon Asset Securities Trust 2004-2</name>
        <lei>N/A</lei>
        <title>SAST 2004-2 MV3</title>
        <cusip>805564QM6</cusip>
        <identifiers>
          <isin value="US805564QM63"/>
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        <balance>52690.65000000</balance>
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        <curCd>USD</curCd>
        <valUSD>54101.48000000</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>2035-08-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.05016000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Saxon Asset Securities Trust 2004-2</name>
        <lei>N/A</lei>
        <title>SAST 2005-1 B3</title>
        <cusip>805564RV5</cusip>
        <identifiers>
          <isin value="US805564RV53"/>
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        <balance>948250.44000000</balance>
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        <curCd>USD</curCd>
        <valUSD>59392.53000000</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>2035-05-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.78342600</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Saxon Asset Securities Trust 2004-2</name>
        <lei>N/A</lei>
        <title>SAST 2007-4 M1</title>
        <cusip>80557CAC6</cusip>
        <identifiers>
          <isin value="US80557CAC64"/>
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        <balance>4500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2811411.00000000</valUSD>
        <pctVal>2.300119407236</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-12-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.43459000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Securitized Asset Backed Receivables Llc Trust 2006-Fr1</name>
        <lei>N/A</lei>
        <title>SABR 2004-NC1 B2</title>
        <cusip>81375WAP1</cusip>
        <identifiers>
          <isin value="US81375WAP14"/>
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        <balance>30746.08000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>32711.79000000</valUSD>
        <pctVal>0.026762726269</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-02-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.43459000</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>Securitized Asset Backed Receivables Llc Trust 2006-Fr1</name>
        <lei>N/A</lei>
        <title>SABR 2004-NC3 M2</title>
        <cusip>81375WCK0</cusip>
        <identifiers>
          <isin value="US81375WCK09"/>
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        <balance>142038.94000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>142754.55000000</valUSD>
        <pctVal>0.116792781605</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-09-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.11458900</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>Soundview Home Loan Trust 2005-Opt1</name>
        <lei>N/A</lei>
        <title>SVHE 2004-WMC1 M4</title>
        <cusip>83611MBY3</cusip>
        <identifiers>
          <isin value="US83611MBY30"/>
        </identifiers>
        <balance>28187.71000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>22621.40000000</valUSD>
        <pctVal>0.018507404701</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-01-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.63459000</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>Soundview Home Loan Trust 2005-Opt1</name>
        <lei>N/A</lei>
        <title>SVHE 2007-OPT2 2A3</title>
        <cusip>83613DAD8</cusip>
        <identifiers>
          <isin value="US83613DAD84"/>
        </identifiers>
        <balance>205205.35000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>183387.47000000</valUSD>
        <pctVal>0.150036077539</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.61459200</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>Specialty Underwriting And Residential Finance Trust Series 2006-AB2</name>
        <lei>N/A</lei>
        <title>SURF 2003-BC2 B1</title>
        <cusip>84751PAQ2</cusip>
        <identifiers>
          <isin value="US84751PAQ28"/>
        </identifiers>
        <balance>166394.35000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>178226.55000000</valUSD>
        <pctVal>0.145813737849</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-06-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.93459200</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>Specialty Underwriting And Residential Finance Trust Series 2006-AB2</name>
        <lei>N/A</lei>
        <title>SURF 2004-BC1 B1</title>
        <cusip>84751PCC1</cusip>
        <identifiers>
          <isin value="US84751PCC14"/>
        </identifiers>
        <balance>512042.44000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>539404.66000000</valUSD>
        <pctVal>0.441306919130</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-02-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.98459000</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>Starwood Retail Property Trust 2014-Star</name>
        <lei>N/A</lei>
        <title>SRPT 2014-STAR A</title>
        <cusip>85571XAA5</cusip>
        <identifiers>
          <isin value="US85571XAA54"/>
        </identifiers>
        <balance>4727952.23000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3297123.54000000</valUSD>
        <pctVal>2.697498815509</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.49999900</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Structured Asset Investment Loan Trust 2006-Bnc3</name>
        <lei>N/A</lei>
        <title>SAIL 2003-BC2 A2</title>
        <cusip>86358EAK2</cusip>
        <identifiers>
          <isin value="US86358EAK29"/>
        </identifiers>
        <balance>35491.87000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>37156.88000000</valUSD>
        <pctVal>0.030399418939</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-04-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.15459200</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Structured Asset Investment Loan Trust 2006-Bnc3</name>
        <lei>N/A</lei>
        <title>SAIL 2003-BC4 M4</title>
        <cusip>86358EBP0</cusip>
        <identifiers>
          <isin value="US86358EBP07"/>
        </identifiers>
        <balance>145759.03000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>127637.16000000</valUSD>
        <pctVal>0.104424685256</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-06-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.30958900</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Structured Asset Investment Loan Trust 2006-Bnc3</name>
        <lei>N/A</lei>
        <title>SAIL 2003-BC8 M2</title>
        <cusip>86358EEB8</cusip>
        <identifiers>
          <isin value="US86358EEB83"/>
        </identifiers>
        <balance>68261.99000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>63354.48000000</valUSD>
        <pctVal>0.051832645238</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-08-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.05958900</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Structured Asset Investment Loan Trust 2006-Bnc3</name>
        <lei>N/A</lei>
        <title>SAIL 2004-9 M6</title>
        <cusip>86358EMY9</cusip>
        <identifiers>
          <isin value="US86358EMY94"/>
        </identifiers>
        <balance>71561.67000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>79651.34000000</valUSD>
        <pctVal>0.065165709654</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-10-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.20959000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Structured Asset Securities Corp.</name>
        <lei>N/A</lei>
        <title>SASC 2001-SB1 A5</title>
        <cusip>86358RDX2</cusip>
        <identifiers>
          <isin value="US86358RDX26"/>
        </identifiers>
        <balance>9612.18000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7373.67000000</valUSD>
        <pctVal>0.006032672373</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-08-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.37500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Structured Asset Securities Corp.</name>
        <lei>N/A</lei>
        <title>ARC 2001-BC5 M1</title>
        <cusip>86358RHG5</cusip>
        <identifiers>
          <isin value="US86358RHG56"/>
        </identifiers>
        <balance>164593.50000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>174477.31000000</valUSD>
        <pctVal>0.142746345821</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-08-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.25958900</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Structured Asset Securities Corp.</name>
        <lei>N/A</lei>
        <title>SASC 2002-AL1 A2</title>
        <cusip>86358RXY8</cusip>
        <identifiers>
          <isin value="US86358RXY88"/>
        </identifiers>
        <balance>17283.57000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>14981.51000000</valUSD>
        <pctVal>0.012256927891</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-02-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.45000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Structured Asset Securities Corp.</name>
        <lei>N/A</lei>
        <title>SASC 2003-AL1 B1</title>
        <cusip>86359AMH3</cusip>
        <identifiers>
          <isin value="US86359AMH31"/>
        </identifiers>
        <balance>269815.23360000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>177962.09000000</valUSD>
        <pctVal>0.145597373333</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.35650000</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>Structured Asset Securities Corp.</name>
        <lei>N/A</lei>
        <title>SASC 2003-9A B1II</title>
        <cusip>86359ARN5</cusip>
        <identifiers>
          <isin value="US86359ARN53"/>
        </identifiers>
        <balance>151014.44000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>140741.86000000</valUSD>
        <pctVal>0.115146125414</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-03-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.00910600</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>STRUCTURED ADJUSTABLE RATE MOR</name>
        <lei>N/A</lei>
        <title>SASC 2005-S1 M4</title>
        <cusip>86359B4F5</cusip>
        <identifiers>
          <isin value="US86359B4F54"/>
        </identifiers>
        <balance>14757000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>141086.51000000</valUSD>
        <pctVal>0.115428096336</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-03-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.00001100</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>Structured Asset Securities Corp.</name>
        <lei>N/A</lei>
        <title>SASC 2003-36XS M1</title>
        <cusip>86359BAW1</cusip>
        <identifiers>
          <isin value="US86359BAW19"/>
        </identifiers>
        <balance>230308.07000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>202489.71000000</valUSD>
        <pctVal>0.165664327178</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-11-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.23455100</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>First Franklin Mortgage Loan Trust</name>
        <lei>N/A</lei>
        <title>SASC 2005-RF4 B1</title>
        <cusip>86359DQD2</cusip>
        <identifiers>
          <isin value="US86359DQD20"/>
        </identifiers>
        <balance>421663.52000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>300808.35000000</valUSD>
        <pctVal>0.246102445958</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-07-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.31635000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Structured Asset Mortgage Investments II Trust 2007-Ar1</name>
        <lei>N/A</lei>
        <title>SAMI 2005-AR5 X2</title>
        <cusip>86359LPH6</cusip>
        <identifiers>
          <isin value="US86359LPH68"/>
        </identifiers>
        <balance>920197.85000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>23617.89000000</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>2035-07-19</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.54198700</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Structured Asset Mortgage Investments Inc</name>
        <lei>N/A</lei>
        <title>SAMI 2006-AR7 A10</title>
        <cusip>86361HAN4</cusip>
        <identifiers>
          <isin value="US86361HAN44"/>
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        <balance>300000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>838.86000000</valUSD>
        <pctVal>0.000686302417</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-08-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.00010100</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>Struct Asset Mort</name>
        <lei>N/A</lei>
        <title>SAMI 2007-AR6 A2</title>
        <cusip>86364RAB5</cusip>
        <identifiers>
          <isin value="US86364RAB50"/>
        </identifiers>
        <balance>1025583.90000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1527983.20000000</valUSD>
        <pctVal>1.250099616260</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-08-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.36529000</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>Suntrust Alternative Loan Trust Series 2006-1F</name>
        <lei>N/A</lei>
        <title>STALT 2006-1F 1A4</title>
        <cusip>86800RAD3</cusip>
        <identifiers>
          <isin value="US86800RAD35"/>
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        <balance>446829.61000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>157337.78000000</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>2036-04-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Terwin Mtg Tst</name>
        <lei>N/A</lei>
        <title>TMTS 2003-2HE B</title>
        <cusip>881561AU8</cusip>
        <identifiers>
          <isin value="US881561AU81"/>
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        <balance>177561.93000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>196530.13000000</valUSD>
        <pctVal>0.160788574178</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.00000100</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Terwin Mtg Tst</name>
        <lei>N/A</lei>
        <title>TMTS 2003-5SL B3</title>
        <cusip>881561BQ6</cusip>
        <identifiers>
          <isin value="US881561BQ60"/>
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        <balance>13522.91000000</balance>
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        <curCd>USD</curCd>
        <valUSD>12233.10000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-10-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Terwin Mtg Tst</name>
        <lei>N/A</lei>
        <title>TMTS 2003-7SL B3</title>
        <cusip>881561CV4</cusip>
        <identifiers>
          <isin value="US881561CV47"/>
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        <balance>14190.68000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>13723.31000000</valUSD>
        <pctVal>0.011227547897</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-12-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Terwin Mtg Tst</name>
        <lei>N/A</lei>
        <title>TMTS 2006-HF1 M1</title>
        <cusip>881561R63</cusip>
        <identifiers>
          <isin value="US881561R634"/>
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        <balance>3000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>174816.81000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-02-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.00001100</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>UCFC Acceptance Corp Series 1998-D</name>
        <lei>N/A</lei>
        <title>UCFC 1998-D MF2</title>
        <cusip>90263BHE1</cusip>
        <identifiers>
          <isin value="US90263BHE11"/>
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        <balance>1129353.56000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1067092.30000000</valUSD>
        <pctVal>0.873027710478</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>WFRBS Commercial Mortgage Trust 2013-C14</name>
        <lei>N/A</lei>
        <title>WFRBS 2013-C14 E</title>
        <cusip>92890PBJ2</cusip>
        <identifiers>
          <isin value="US92890PBJ21"/>
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        <balance>3000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1040351.40000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Washington Mutual Mortgage Pass-Through Certificates</name>
        <lei>N/A</lei>
        <title>WAMU 2005-AR15 X</title>
        <cusip>92922F6D5</cusip>
        <identifiers>
          <isin value="US92922F6D52"/>
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        <balance>20530857.49000000</balance>
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        <curCd>USD</curCd>
        <valUSD>13599.64000000</valUSD>
        <pctVal>0.011126368892</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-11-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.00010100</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Washington Mutual Mortgage Pass-Through Certificates Wmalt Series 2006-6 Trust</name>
        <lei>N/A</lei>
        <title>WMALT 2007-1 1A3</title>
        <cusip>93935PAC3</cusip>
        <identifiers>
          <isin value="US93935PAC32"/>
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        <balance>1053780.23000000</balance>
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        <curCd>USD</curCd>
        <valUSD>670310.76000000</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>2037-02-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.80458900</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>Wells Fargo Home Equity Asset-Backed Securities 2005-1 Trust</name>
        <lei>N/A</lei>
        <title>WFHET 2005-1 M10</title>
        <cusip>9497ERAK0</cusip>
        <identifiers>
          <isin value="US9497ERAK00"/>
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        <balance>24150.11000000</balance>
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        <curCd>USD</curCd>
        <valUSD>26563.87000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-04-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.18458900</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Wells Fargo Home Equity Asset Backed Securities</name>
        <lei>N/A</lei>
        <title>WFHET 2004-2 M6</title>
        <cusip>94980GAT8</cusip>
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          <isin value="US94980GAT85"/>
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        <balance>7655.94000000</balance>
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        <assetCat>ABS-O</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Wells Fargo Commercial Mortgage Trust 2012-Lc5</name>
        <lei>N/A</lei>
        <title>WFCM 2013-LC12 D</title>
        <cusip>94988QAU5</cusip>
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          <isin value="US94988QAU58"/>
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        <balance>4892000.00000000</balance>
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        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-07-15</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Wells Fargo Coml Mtg Tr 2015-C27</name>
        <lei>5493001SKB2HKIF64L70</lei>
        <title>WFCM 2015-C27 D</title>
        <cusip>94989DAG4</cusip>
        <identifiers>
          <isin value="US94989DAG43"/>
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        <balance>1631000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>911238.23000000</valUSD>
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        <assetCat>ABS-O</assetCat>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Wells Fargo Coml Mtg Tr 2015-C27</name>
        <lei>5493001SKB2HKIF64L70</lei>
        <title>WFCM 2015-C27 E</title>
        <cusip>94989DAJ8</cusip>
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          <isin value="US94989DAJ81"/>
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        <balance>1666666.00000000</balance>
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        <assetCat>ABS-O</assetCat>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.86900000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Wells Fargo Coml Tr 2016-C36</name>
        <lei>549300BSYX29G4VVM177</lei>
        <title>WFCM 2016-C36 D</title>
        <cusip>95000MAC5</cusip>
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          <isin value="US95000MAC55"/>
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        <balance>2500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1774544.25000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2059-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.94200000</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>Wilshire Mtg Ln Tr</name>
        <lei>N/A</lei>
        <title>WIMLT 1997-2 A7</title>
        <cusip>971885AL2</cusip>
        <identifiers>
          <isin value="US971885AL23"/>
        </identifiers>
        <balance>33587.94000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>33436.51000000</valUSD>
        <pctVal>0.027355646528</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.83500000</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>Wilshire Mtg Ln Tr</name>
        <lei>N/A</lei>
        <title>WIMLT 1997-2 M2</title>
        <cusip>971885AN8</cusip>
        <identifiers>
          <isin value="US971885AN88"/>
        </identifiers>
        <balance>11968.79000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>11918.66000000</valUSD>
        <pctVal>0.009751096931</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.42500000</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>Yale Mortgage Loan Trust 2007-1</name>
        <lei>N/A</lei>
        <title>YMLT 2007-1 A</title>
        <cusip>984582AA4</cusip>
        <identifiers>
          <isin value="US984582AA41"/>
        </identifiers>
        <balance>177947.01000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>55969.98000000</valUSD>
        <pctVal>0.045791112441</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-06-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.83459100</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="Returns are reported without deducting sales loads and redemption fees, if any." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2025-04-28</ncom:dateSigned>
      <ncom:nameOfApplicant>Northern Lights Fund Trust</ncom:nameOfApplicant>
      <ncom:signature>James Colantino</ncom:signature>
      <ncom:signerName>James Colantino</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
