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      <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>Ocean Park Tactical Core Income Fund</seriesName>
      <seriesId>S000035209</seriesId>
      <seriesLei>549300Q5IJASQRM4OG72</seriesLei>
      <repPdEnd>2025-09-30</repPdEnd>
      <repPdDate>2025-03-31</repPdDate>
      <isFinalFiling>N</isFinalFiling>
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      <totLiabs>1498088.96</totLiabs>
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        <name>First Trust Exchange-Traded Fund III</name>
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        <title>FT-PFD SEC &amp; INC</title>
        <cusip>33739E108</cusip>
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          <isin value="US33739E1082"/>
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        <balance>763600.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>13431724.00000000</valUSD>
        <pctVal>0.919915556374</pctVal>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Flexshares Trust</name>
        <lei>5493007FU2RQX77I4604</lei>
        <title>FLEXSHARES HIGH</title>
        <cusip>33939L662</cusip>
        <identifiers>
          <isin value="US33939L6627"/>
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        <balance>193900.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>7829682.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Invesco Exchange Traded Fund Trust II</name>
        <lei>O540V2L4S174Y60FMD36</lei>
        <title>INVESCO SENIOR L</title>
        <cusip>46138G508</cusip>
        <identifiers>
          <isin value="US46138G5080"/>
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        <balance>2370400.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
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        <pctVal>3.360533181069</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>iShares Trust</name>
        <lei>5493000860OXIC4B5K91</lei>
        <title>ISHARES 20+ YEAR</title>
        <cusip>464287432</cusip>
        <identifiers>
          <isin value="US4642874329"/>
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        <balance>729800.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>iShares Trust</name>
        <lei>5493000860OXIC4B5K91</lei>
        <title>ISHARES BROAD US</title>
        <cusip>46435U853</cusip>
        <identifiers>
          <isin value="US46435U8532"/>
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        <balance>2764600.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>JP Morgan Trust I</name>
        <lei>549300DM5WZMCZZ70R78</lei>
        <title>JPM IMCOME-I</title>
        <cusip>46637K224</cusip>
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          <isin value="US46637K2244"/>
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        <balance>12157.82200000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Janus Detroit Street Trust</name>
        <lei>5493003MM7OCK5UJW595</lei>
        <title>JANUS HEN B CL E</title>
        <cusip>47103U753</cusip>
        <identifiers>
          <isin value="US47103U7533"/>
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        <balance>456600.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>22222722.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="21992415.56000000"/>
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      <invstOrSec>
        <name>Janus Detroit Street Trust</name>
        <lei>5493003MM7OCK5UJW595</lei>
        <title>JAN HEND AAA CLO</title>
        <cusip>47103U845</cusip>
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          <isin value="US47103U8457"/>
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        <balance>677100.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>JP Morgan Trust I</name>
        <lei>549300DM5WZMCZZ70R78</lei>
        <title>JPM-EM MKT D-I</title>
        <cusip>4812A0748</cusip>
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          <isin value="US4812A07485"/>
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        <balance>1.14100000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Leader Funds Trust</name>
        <lei>5493004CXG3W4ZKLTI89</lei>
        <title>LDR-HI QL IN-INS</title>
        <cusip>52169B509</cusip>
        <identifiers>
          <isin value="US52169B5093"/>
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        <balance>366568.15400000</balance>
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        <curCd>USD</curCd>
        <valUSD>4090900.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Managed Portfolio Series</name>
        <lei>254900SQ3GG01NP4WM65</lei>
        <title>TORTOISE NORTH A</title>
        <cusip>56167N720</cusip>
        <identifiers>
          <isin value="US56167N7205"/>
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        <balance>107700.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3917049.00000000</valUSD>
        <pctVal>0.268271914326</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="512817.00000000"/>
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      <invstOrSec>
        <name>Metropolitan West Funds</name>
        <lei>549300KGDNJW6FXNDC82</lei>
        <title>MW-T/R BND-I</title>
        <cusip>592905509</cusip>
        <identifiers>
          <isin value="US5929055094"/>
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        <balance>11712.79400000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>106235.04000000</valUSD>
        <pctVal>0.007275854233</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Metropolitan West Funds</name>
        <lei>549300KGDNJW6FXNDC82</lei>
        <title>MW-UNCONS BD-I</title>
        <cusip>592905749</cusip>
        <identifiers>
          <isin value="US5929057496"/>
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        <balance>2592052.88600000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>26879588.43000000</valUSD>
        <pctVal>1.840936542896</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Neuberger Berman Income Funds</name>
        <lei>54930087F7MMJ21RIJ90</lei>
        <title>NEUBERG-FL RT-IS</title>
        <cusip>64128K694</cusip>
        <identifiers>
          <isin value="US64128K6947"/>
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        <balance>528049.57400000</balance>
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        <curCd>USD</curCd>
        <valUSD>4916141.53000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Neuberger Berman Income Funds</name>
        <lei>54930087F7MMJ21RIJ90</lei>
        <title>NEUBERGER-STRA-I</title>
        <cusip>64128K751</cusip>
        <identifiers>
          <isin value="US64128K7515"/>
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        <balance>9998.43600000</balance>
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        <curCd>USD</curCd>
        <valUSD>99884.38000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Nuveen Municipal</name>
        <lei>549300D2RECSQKX7NC33</lei>
        <title>NVV-INT DUR-I</title>
        <cusip>67065Q400</cusip>
        <identifiers>
          <isin value="US67065Q4001"/>
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        <balance>1924.80500000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Nuveen Municipal</name>
        <lei>549300D2RECSQKX7NC33</lei>
        <title>NVN-SH DUR HY-I</title>
        <cusip>67065Q699</cusip>
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          <isin value="US67065Q6998"/>
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        <balance>10368.70400000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Nuveen Municipal</name>
        <lei>549300D2RECSQKX7NC33</lei>
        <title>NVN-H/Y MUN-I</title>
        <cusip>67065Q772</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Nuveen Municipal</name>
        <lei>549300D2RECSQKX7NC33</lei>
        <title>NVN-ALL AMER-I</title>
        <cusip>67065Q855</cusip>
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          <isin value="US67065Q8556"/>
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        <balance>9734.73800000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Nuveen Investment Funds</name>
        <lei>T3MQBTRBVMWQY3LBIL50</lei>
        <title>NVN-STR INC-I</title>
        <cusip>670678390</cusip>
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        <balance>33.05900000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Nuveen Investments Trust V</name>
        <lei>5493005YOHPRCB8M2Y83</lei>
        <title>NVN-PREF SEC-I</title>
        <cusip>670700400</cusip>
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        <balance>1541544.68200000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Pimco Fds Pacific Invt Mgmt Ser</name>
        <lei>N/A</lei>
        <title>PIMCO-T/R-INS</title>
        <cusip>693390700</cusip>
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          <isin value="US6933907007"/>
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        <balance>10414.65600000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Pimco Fds Pacific Invt Mgmt Ser</name>
        <lei>N/A</lei>
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        <cusip>693390882</cusip>
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        <balance>7599192.96900000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Pimco Fds Pacific Invt Mgmt Ser</name>
        <lei>N/A</lei>
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        <cusip>693391104</cusip>
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        <balance>3977.90400000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Pimco Fds Pacific Invt Mgmt Ser</name>
        <lei>N/A</lei>
        <title>PIMCO-E/M BD-INS</title>
        <cusip>693391559</cusip>
        <identifiers>
          <isin value="US6933915596"/>
        </identifiers>
        <balance>13447.63100000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>114708.29000000</valUSD>
        <pctVal>0.007856172477</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Pimco Fds Pacific Invt Mgmt Ser</name>
        <lei>N/A</lei>
        <title>PIMCO-DIV IN-INS</title>
        <cusip>693391880</cusip>
        <identifiers>
          <isin value="US6933918806"/>
        </identifiers>
        <balance>10657.57800000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>103485.08000000</valUSD>
        <pctVal>0.007087514227</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Pimco Fds Pacific Invt Mgmt Ser</name>
        <lei>N/A</lei>
        <title>PIMCO-LW DUR-INS</title>
        <cusip>722005170</cusip>
        <identifiers>
          <isin value="US7220051707"/>
        </identifiers>
        <balance>750.33800000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6100.25000000</valUSD>
        <pctVal>0.000417795576</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Pimco Fds Pacific Invt Mgmt Ser</name>
        <lei>N/A</lei>
        <title>PIMCO-IN B U-INS</title>
        <cusip>722005220</cusip>
        <identifiers>
          <isin value="US7220052200"/>
        </identifiers>
        <balance>495.10800000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3728.16000000</valUSD>
        <pctVal>0.000255335233</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Pimco Fds Pacific Invt Mgmt Ser</name>
        <lei>N/A</lei>
        <title>PIMCO-I/G CR-INS</title>
        <cusip>722005816</cusip>
        <identifiers>
          <isin value="US7220058165"/>
        </identifiers>
        <balance>14256.12600000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>129017.94000000</valUSD>
        <pctVal>0.008836215668</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Pimco Fds</name>
        <lei>N/A</lei>
        <title>PIMCO-INCOME-INS</title>
        <cusip>72201F490</cusip>
        <identifiers>
          <isin value="US72201F4900"/>
        </identifiers>
        <balance>18173963.25600000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>194461406.84000000</valUSD>
        <pctVal>13.31832557507</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Pimco Fds</name>
        <lei>N/A</lei>
        <title>PIMCO-EM L C-INS</title>
        <cusip>72201F516</cusip>
        <identifiers>
          <isin value="US72201F5162"/>
        </identifiers>
        <balance>9933.35100000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>57116.77000000</valUSD>
        <pctVal>0.003911828835</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Pimco Fds</name>
        <lei>N/A</lei>
        <title>PIMCO-HY MUNI-I</title>
        <cusip>72201F672</cusip>
        <identifiers>
          <isin value="US72201F6723"/>
        </identifiers>
        <balance>16191.27200000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>136006.68000000</valUSD>
        <pctVal>0.009314862388</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Pimco Fds</name>
        <lei>N/A</lei>
        <title>PIMCO-DYN BD-INS</title>
        <cusip>72201M487</cusip>
        <identifiers>
          <isin value="US72201M4877"/>
        </identifiers>
        <balance>3842018.99630000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>38804391.86000000</valUSD>
        <pctVal>2.657645714552</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Pimco Fds</name>
        <lei>N/A</lei>
        <title>PIMCO-L/T CR-INS</title>
        <cusip>72201P647</cusip>
        <identifiers>
          <isin value="US72201P6473"/>
        </identifiers>
        <balance>5056912.41700000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>44703105.77000000</valUSD>
        <pctVal>3.061638432718</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PIMCO ETF Trust</name>
        <lei>5493004M9TBGFQUJ6D27</lei>
        <title>PIMCO MULTI SECT</title>
        <cusip>72201R585</cusip>
        <identifiers>
          <isin value="US72201R5853"/>
        </identifiers>
        <balance>561600.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>14798160.00000000</valUSD>
        <pctVal>1.013500395758</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PIMCO ETF Trust</name>
        <lei>5493004M9TBGFQUJ6D27</lei>
        <title>PIMCO-SEN LN ACT</title>
        <cusip>72201R627</cusip>
        <identifiers>
          <isin value="US72201R6273"/>
        </identifiers>
        <balance>97400.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4907499.00000000</valUSD>
        <pctVal>0.336106122564</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Principal Funds Inc</name>
        <lei>549300HZGBXSW6DSXF23</lei>
        <title>PRIN-PR &amp; CA-INS</title>
        <cusip>74253Q416</cusip>
        <identifiers>
          <isin value="US74253Q4165"/>
        </identifiers>
        <balance>4584121.25300000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>42128074.32000000</valUSD>
        <pctVal>2.885278980349</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Prudential Investments Portfolios Inc 14</name>
        <lei>N/A</lei>
        <title>PGIM-FLT RT-Z</title>
        <cusip>74439V800</cusip>
        <identifiers>
          <isin value="US74439V8000"/>
        </identifiers>
        <balance>913809.64800000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>8215148.74000000</valUSD>
        <pctVal>0.562641335085</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SPDR Series Trust</name>
        <lei>5493004JVD6CQEEJSS37</lei>
        <title>SPDR NUVEEN BLOO</title>
        <cusip>78464A284</cusip>
        <identifiers>
          <isin value="US78464A2841"/>
        </identifiers>
        <balance>287500.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>7250750.00000000</valUSD>
        <pctVal>0.496591332607</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="2736723.08000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ssga Active Etf Trust</name>
        <lei>549300MAXSRPQ75ICU67</lei>
        <title>SPDR BLACKSTONE</title>
        <cusip>78467V608</cusip>
        <identifiers>
          <isin value="US78467V6083"/>
        </identifiers>
        <balance>3576800.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>147113784.00000000</valUSD>
        <pctVal>10.07556873999</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SPDR Series Trust</name>
        <lei>5493004JVD6CQEEJSS37</lei>
        <title>SPDR PORT HY BD</title>
        <cusip>78468R606</cusip>
        <identifiers>
          <isin value="US78468R6062"/>
        </identifiers>
        <balance>868600.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>20342612.00000000</valUSD>
        <pctVal>1.393230328145</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SPDR Series Trust</name>
        <lei>5493004JVD6CQEEJSS37</lei>
        <title>SPDR BLOOMBERG H</title>
        <cusip>78468R622</cusip>
        <identifiers>
          <isin value="US78468R6229"/>
        </identifiers>
        <balance>1617500.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>154147750.00000000</valUSD>
        <pctVal>10.55731291121</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="84137511.00000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Tcw Funds Inc</name>
        <lei>54930078E2I2DS4UJ217</lei>
        <title>TCW EMERGING MAR</title>
        <cusip>87234N765</cusip>
        <identifiers>
          <isin value="US87234N7654"/>
        </identifiers>
        <balance>4520862.38700000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>29430814.14000000</valUSD>
        <pctVal>2.015665581286</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nuveen Core Equity Fund</name>
        <lei>549300L8R42TEBN5NG46</lei>
        <title>NUVEEN BOND INDE</title>
        <cusip>87245M848</cusip>
        <identifiers>
          <isin value="US87245M8486"/>
        </identifiers>
        <balance>23054.43800000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>222705.87000000</valUSD>
        <pctVal>0.015252740028</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Thornburg Investment Trust</name>
        <lei>5493001XM52H8S4WYY82</lei>
        <title>THRNB-STR IN-I</title>
        <cusip>885215194</cusip>
        <identifiers>
          <isin value="US8852151948"/>
        </identifiers>
        <balance>1235.32500000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>14144.47000000</valUSD>
        <pctVal>0.000968730297</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VanEck ETF Trust</name>
        <lei>549300ZLFKNTXC51ZN76</lei>
        <title>VANECK IG FLOATI</title>
        <cusip>92189F486</cusip>
        <identifiers>
          <isin value="US92189F4862"/>
        </identifiers>
        <balance>586700.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>14990185.00000000</valUSD>
        <pctVal>1.026651856040</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="1619870.00000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VanEck ETF Trust</name>
        <lei>549300ZLFKNTXC51ZN76</lei>
        <title>V/E JPM EM L C B</title>
        <cusip>92189H300</cusip>
        <identifiers>
          <isin value="US92189H3003"/>
        </identifiers>
        <balance>1096700.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>26167262.00000000</valUSD>
        <pctVal>1.792150537155</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Vanguard Scottsdale Funds</name>
        <lei>549300Y88GQ3VLJIBX57</lei>
        <title>VANGUARD LONG-TE</title>
        <cusip>92206C813</cusip>
        <identifiers>
          <isin value="US92206C8139"/>
        </identifiers>
        <balance>1156700.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>87805097.00000000</valUSD>
        <pctVal>6.013619298554</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Victory Portfolios II</name>
        <lei>5493002SUQLUY3T5P040</lei>
        <title>VCTRY-M/N IN-I</title>
        <cusip>92647P654</cusip>
        <identifiers>
          <isin value="US92647P6549"/>
        </identifiers>
        <balance>60609.60700000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>527303.58000000</valUSD>
        <pctVal>0.036114110606</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Allspring Funds Trust</name>
        <lei>549300XROIY0CTN7RZ24</lei>
        <title>ALLSP-MUN BD-INS</title>
        <cusip>949921670</cusip>
        <identifiers>
          <isin value="US9499216706"/>
        </identifiers>
        <balance>9848.66200000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>94645.64000000</valUSD>
        <pctVal>0.006482116262</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </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>
