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        <name>Hewlett Packard Enterprise Co.</name>
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        <name>ConocoPhillips Co.</name>
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        <name>Brown &amp; Brown Inc</name>
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        <name>Wells Fargo &amp; Co.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>United States Treasury Notes</name>
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        <title>T 4 02/28/30</title>
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          <isin value="US91282CGQ87"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-02-28</maturityDt>
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        <name>HEALTHPEAK OP LLC</name>
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        <title>DOC 3 01/15/30</title>
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        <fairValLevel>2</fairValLevel>
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        <name>CVS Health Corp</name>
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        <title>CVS 5 01/30/29</title>
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          <isin value="US126650DW70"/>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>GE Healthcare Technologies Inc.</name>
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        <title>GEHC 4.8 08/14/29</title>
        <cusip>36266GAA5</cusip>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-08-14</maturityDt>
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        <name>Coca-Cola Co (The)</name>
        <lei>UWJKFUJFZ02DKWI3RY53</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Jabil Inc</name>
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        <name>Hercules Capital Inc</name>
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        <title>HTGC 2.625 09/16/26</title>
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        <name>AES Corp.</name>
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        <title>AES 2.45 01/15/31</title>
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        <name>Edison International</name>
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        <title>EIX 5.25 11/15/28</title>
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        <name>TotalEnergies Capital International S.A.</name>
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        <title>TTEFP 3.455 02/19/29</title>
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        <name>Santander Holdings USA Inc.</name>
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        <name>National Fuel Gas Company</name>
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        <title>NFG 5.5 03/15/30</title>
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        <name>Blackstone Private Credit Fund</name>
        <lei>549300ORP3TTCNXSYO43</lei>
        <title>BCRED 5.6 11/22/29</title>
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        <name>Coca-Cola Consolidated Inc</name>
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        <name>Keysight Technologies, Inc.</name>
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        <name>American Tower Corporation</name>
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        <name>Morgan Stanley</name>
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        <name>PLAINS ALL AMERICAN PIPELINE LP</name>
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        <name>Brighthouse Financial Inc.</name>
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        <name>Bank of America Corp.</name>
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        <name>Duke Energy Florida LLC</name>
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        <name>Sutter Health</name>
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        <name>Bristol-Myers Squibb Company</name>
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        <name>AvalonBay Communities, Inc.</name>
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        <name>Paramount Global</name>
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        <name>MetLife Inc.</name>
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        <name>Marex Group Plc</name>
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        <name>EPR Properties</name>
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        <name>GE Healthcare Technologies Inc.</name>
        <lei>549300OI9J7XOWZMUN85</lei>
        <title>GEHC 4.8 01/15/31</title>
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        <name>CHARTER COMMUNICATIONS OPERATING LLC</name>
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        <title>CHTR 6.1 06/01/29</title>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Regal Rexnord Corporation</name>
        <lei>QH78R09VCJGQKPBPYU33</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Essex Portfolio Lp</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-04-15</maturityDt>
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        <name>Santander Holdings USA Inc.</name>
        <lei>549300SMVCQN2P0O6I58</lei>
        <title>SANUSA V5.473 03/20/29</title>
        <cusip>80282KBN5</cusip>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-03-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.47300000</annualizedRt>
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      <invstOrSec>
        <name>Citigroup Commercial Mortgage Trust</name>
        <lei>N/A</lei>
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          <isin value="US17325DAG88"/>
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        <curCd>USD</curCd>
        <valUSD>102589.08000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-10-13</maturityDt>
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        <name>T-Mobile USA, Inc.</name>
        <lei>549300V2JRLO5DIFGE82</lei>
        <title>TMUS 3.875 04/15/30</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87500000</annualizedRt>
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        <name>United States Treasury Notes</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>T 3.625 09/30/30</title>
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        <balance>47100.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>47348.38000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-09-30</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Archer-Daniels-Midland Co.</name>
        <lei>549300LO13MQ9HYSTR83</lei>
        <title>ADM 2.5 08/11/26</title>
        <cusip>039483BL5</cusip>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-08-11</maturityDt>
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          <annualizedRt>2.50000000</annualizedRt>
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        <name>Fifth Third Bancorp</name>
        <lei>THRNG6BD57P9QWTQLG42</lei>
        <title>FITB V4.895 09/06/30</title>
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        <balance>20000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-09-06</maturityDt>
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        <name>Autozone, Inc.</name>
        <lei>GA3JGKJ41LJKXDN23E90</lei>
        <title>AZO 5.125 06/15/30</title>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Aon North America Inc.</name>
        <lei>N/A</lei>
        <title>AON 5.15 03/01/29</title>
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        <balance>10000.00000000</balance>
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          <maturityDt>2029-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.15000000</annualizedRt>
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        <name>Union Pacific Corporation</name>
        <lei>549300LMMRSZZCZ8CL11</lei>
        <title>UNP 3.7 03/01/29</title>
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        <balance>56000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2029-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Eversource Energy</name>
        <lei>SJ7XXD41SQU3ZNWUJ746</lei>
        <title>ES 2.9 03/01/27</title>
        <cusip>30040WAQ1</cusip>
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        <name>U.S. Bancorp.</name>
        <lei>N1GZ7BBF3NP8GI976H15</lei>
        <title>USB V6.787 10/26/27</title>
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        <name>FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FHMS K752 AM</title>
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        <name>Target Corp.</name>
        <lei>8WDDFXB5T1Z6J0XC1L66</lei>
        <title>TGT 2.65 09/15/30</title>
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        <name>DELL INTERNATIONAL LLC</name>
        <lei>254900ZARLSVK41DKO78</lei>
        <title>DELL 5.3 10/01/29</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
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        <name>Philip Morris International Inc.</name>
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        <name>Owens Corning</name>
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        <name>Canadian Imperial Bank of Commerce</name>
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        <name>HP Inc</name>
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        <name>U.S. Bancorp.</name>
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        <name>Gilead Sciences Inc.</name>
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        <name>Paramount Global</name>
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        <name>Amgen Inc.</name>
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        <name>PLAINS ALL AMERICAN PIPELINE LP</name>
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        <name>Waste Management, Inc.</name>
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        <name>Westpac Banking Corp.</name>
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        <name>U.S. Bancorp.</name>
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        <name>Paypal Holdings Inc.</name>
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        <name>The Cigna Group</name>
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        <name>United States Treasury Notes</name>
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        <issuerCat>UST</issuerCat>
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          <maturityDt>2027-03-31</maturityDt>
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      <invstOrSec>
        <name>Enbridge Inc.</name>
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        <title>ENBCN 5.9 11/15/26</title>
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        <valUSD>10125.29000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-11-15</maturityDt>
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        <name>HCA Inc.</name>
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        <title>HCA 3.125 03/15/27</title>
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        <balance>64000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>63477.15000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.12500000</annualizedRt>
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        <name>Corebridge Financial Inc.</name>
        <lei>549300XY1661QCIA7J65</lei>
        <title>CRBG 3.85 04/05/29</title>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>39553.49000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Apollo Debt Solutions BDC</name>
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        <title>APODS 6.9 04/13/29</title>
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          <couponKind>Fixed</couponKind>
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        <name>LPL Holdings Inc.</name>
        <lei>549300Z5YF8CCRMYUL26</lei>
        <title>LPLA 5.15 06/15/30</title>
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        <name>Parker-Hannifin Corp.</name>
        <lei>5493002CONDB4N2HKI23</lei>
        <title>PH 4.5 09/15/29</title>
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          <couponKind>Fixed</couponKind>
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        <name>VMware LLC</name>
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        <name>Jacobs Engineering Group Inc.</name>
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        <title>J 6.35 08/18/28</title>
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        <name>Martin Marietta Materials Inc</name>
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        <name>Equitable Holdings Inc</name>
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        <name>The Campbells Co.</name>
        <lei>5493007JDSMX8Z5Z1902</lei>
        <title>CPB 5.2 03/21/29</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Lockheed Martin Corporation</name>
        <lei>DPRBOZP0K5RM2YE8UU08</lei>
        <title>LMT 1.85 06/15/30</title>
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        <name>Santander Holdings USA Inc.</name>
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        <name>Oneok Inc.</name>
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        <name>Global Payments Inc</name>
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        <title>GPN 4.875 11/15/30</title>
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        <name>Booking Holdings Inc</name>
        <lei>FXM8FAOHMYDIPD38UZ17</lei>
        <title>BKNG 3.55 03/15/28</title>
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        <name>U.S. Bancorp.</name>
        <lei>N1GZ7BBF3NP8GI976H15</lei>
        <title>USB 2.375 07/22/26 V</title>
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        <name>COPT Defense Properties LP</name>
        <lei>H0TWO5VRNEP6CQAWPX27</lei>
        <title>CDP 2 01/15/29</title>
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        <name>United States Treasury Notes</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>T 3.75 04/30/27</title>
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        <name>Microchip Technology Incorporated</name>
        <lei>5493007PTFULNYZJ1R12</lei>
        <title>MCHP 5.05 02/15/30</title>
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        <name>Federal Farm Credit Banks</name>
        <lei>254900C5LP6DN9OP9V83</lei>
        <title>FFCB 4.6 07/16/31</title>
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        <name>The J M Smucker Company</name>
        <lei>5493000WDH6A0LHDJD55</lei>
        <title>SJM 2.375 03/15/30</title>
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        <name>Pepsico Inc</name>
        <lei>FJSUNZKFNQ5YPJ5OT455</lei>
        <title>PEP 2.625 07/29/29</title>
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        <name>JPMorgan Chase &amp; Co.</name>
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        <name>Eversource Energy</name>
        <lei>SJ7XXD41SQU3ZNWUJ746</lei>
        <title>ES 1.65 08/15/30 R</title>
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        <name>PPL Capital Funding Inc.</name>
        <lei>549300MROK5WY0D2NU17</lei>
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        <name>Oaktree Strategic Credit Fund</name>
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        <name>Uber Technologies Inc</name>
        <lei>549300B2FTG34FILDR98</lei>
        <title>UBER 4.3 01/15/30</title>
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        <name>L3 Harris Technologies Inc</name>
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        <name>CNH Industrial N.V.</name>
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        <name>Wells Fargo &amp; Co.</name>
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        <name>Cardinal Health, Inc.</name>
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        <name>Vontier Corporation</name>
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        <name>Enbridge Inc.</name>
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        <name>KeyCorp</name>
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        <name>PartnerRe Finance B LLC</name>
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        <name>Caterpillar Financial Services Corp.</name>
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        <name>CVS Health Corp</name>
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        <name>Oaktree Strategic Credit Fund</name>
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        <name>Bank of Montreal</name>
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        <name>UDR Inc</name>
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        <name>Citizens Financial Group Inc</name>
        <lei>2138004JDDA4ZQUPFW65</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Alexandria Real Estate Equities, Inc.</name>
        <lei>MGCJBT4MKTQBVLNUIS88</lei>
        <title>ARE 4.9 12/15/30</title>
        <cusip>015271AU3</cusip>
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          <isin value="US015271AU38"/>
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        <curCd>USD</curCd>
        <valUSD>7149.28000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-12-15</maturityDt>
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          <annualizedRt>4.90000000</annualizedRt>
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      <invstOrSec>
        <name>Caterpillar Financial Services Corp.</name>
        <lei>EDBQKYOPJUCJKLOJDE72</lei>
        <title>CAT 1.15 09/14/26 MTN</title>
        <cusip>14913R2Q9</cusip>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>49336.75000000</valUSD>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-09-14</maturityDt>
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      <invstOrSec>
        <name>Radian Group Inc.</name>
        <lei>54930005OUP720S5U385</lei>
        <title>RDN 6.2 05/15/29</title>
        <cusip>750236AY7</cusip>
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          <isin value="US750236AY71"/>
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        <balance>5000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5245.54000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.20000000</annualizedRt>
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        <name>Goldman Sachs Group, Inc.</name>
        <lei>784F5XWPLTWKTBV3E584</lei>
        <title>GS V4.369 10/21/31 .</title>
        <cusip>38141GD35</cusip>
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          <isin value="US38141GD355"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>50010.90000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-10-21</maturityDt>
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        <name>Verizon Communications Inc.</name>
        <lei>2S72QS2UO2OESLG6Y829</lei>
        <title>VZ 4.78 02/15/35</title>
        <cusip>92343VGY4</cusip>
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        <balance>18000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>17933.20000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.78000000</annualizedRt>
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      <invstOrSec>
        <name>Santander Holdings USA Inc.</name>
        <lei>549300SMVCQN2P0O6I58</lei>
        <title>SANUSA V6.174 01/09/30</title>
        <cusip>80282KBJ4</cusip>
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          <isin value="US80282KBJ43"/>
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        <balance>6000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6263.26000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-01-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.17400000</annualizedRt>
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      <invstOrSec>
        <name>Keysight Technologies, Inc.</name>
        <lei>549300GLKVIO8YRCYN02</lei>
        <title>KEYS 5.35 07/30/30</title>
        <cusip>49338LAH6</cusip>
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          <isin value="US49338LAH69"/>
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        <balance>11000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>11530.52000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-07-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.35000000</annualizedRt>
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        <name>The Allstate Corporation</name>
        <lei>OBT0W1ED8G0NWVOLOJ77</lei>
        <title>ALL 1.45 12/15/30</title>
        <cusip>020002BJ9</cusip>
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          <isin value="US020002BJ95"/>
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        <balance>10000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.45000000</annualizedRt>
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        <name>Owens Corning</name>
        <lei>JO5M6676RDJIZ2U8X907</lei>
        <title>OC 3.5 02/15/30</title>
        <cusip>690742AM3</cusip>
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          <isin value="US690742AM39"/>
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        <balance>3000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2935.70000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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        <name>Royalty Pharma PLC</name>
        <lei>549300FGFN7VOK8BZR03</lei>
        <title>RPRX 2.2 09/02/30</title>
        <cusip>78081BAK9</cusip>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Lennar Corp.</name>
        <lei>529900G61XVRLX5TJX09</lei>
        <title>LEN 4.75 11/29/27</title>
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        <fairValLevel>2</fairValLevel>
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        <name>NSTAR Electric Company</name>
        <lei>54930080R72Y2Z31UR68</lei>
        <title>ES 3.95 04/01/30</title>
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        <name>Wisconsin Electric Power Company</name>
        <lei>AENKIFMULUAWOUU8Q584</lei>
        <title>WEC 5 05/15/29</title>
        <cusip>976656CQ9</cusip>
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        <balance>16000.00000000</balance>
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          <maturityDt>2029-05-15</maturityDt>
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        <name>Amcor Flexibles North America Inc</name>
        <lei>PTVU09TE3QPJPL7K4E13</lei>
        <title>AMCR 2.63 06/19/30</title>
        <cusip>081437AT2</cusip>
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        <assetCat>DBT</assetCat>
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        <name>The Bank of New York Mellon Corp.</name>
        <lei>WFLLPEPC7FZXENRZV188</lei>
        <title>BK 3 10/30/28 MTN</title>
        <cusip>06406GAA9</cusip>
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        <name>Constellation Brands, Inc.</name>
        <lei>5493005GKEG8QCVY7037</lei>
        <title>STZ 2.875 05/01/30</title>
        <cusip>21036PBF4</cusip>
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        <balance>14000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>U.S. Bancorp.</name>
        <lei>N1GZ7BBF3NP8GI976H15</lei>
        <title>USB V4.653 02/01/29</title>
        <cusip>91159HJK7</cusip>
        <identifiers>
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        <name>Hershey Co. (The)</name>
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        <name>Federal Home Loan Banks</name>
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        <name>New Mountain Finance Corporation</name>
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        <name>JPMorgan Chase &amp; Co.</name>
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        <name>Teledyne FLIR LLC</name>
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        <name>TWDC ENTERPRISES 18 CORP</name>
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        <name>Federal Farm Credit Banks</name>
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        <name>Avnet, Inc.</name>
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        <name>JPMorgan Chase &amp; Co.</name>
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        <name>FedEx Corporation</name>
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        <name>CubeSmart LP</name>
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        <name>Toll Brothers Finance Corp.</name>
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        <title>TOL 3.8 11/01/29</title>
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        <name>The Toronto-Dominion Bank</name>
        <lei>PT3QB789TSUIDF371261</lei>
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        <name>UnitedHealth Group Inc.</name>
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        <name>Enterprise Products Operating LLC</name>
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      <invstOrSec>
        <name>The Charles Schwab Corporation</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-03-11</maturityDt>
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      <invstOrSec>
        <name>BP Capital Markets PLC</name>
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        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-11-28</maturityDt>
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        <name>Duke Energy Ohio Inc.</name>
        <lei>L6KC0HABGHNFU1Z6QY21</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-01</maturityDt>
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        <name>Corebridge Financial Inc.</name>
        <lei>549300XY1661QCIA7J65</lei>
        <title>CRBG V6.875 12/15/52</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-12-15</maturityDt>
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        <name>Fidelity National Information Services Inc</name>
        <lei>6WQI0GK1PRFVBA061U48</lei>
        <title>FIS 1.65 03/01/28</title>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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        <name>Renaissancere Holdings Ltd.</name>
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        <title>RNR 3.6 04/15/29</title>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>BM</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-04-15</maturityDt>
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        <name>Lowes Companies, Inc.</name>
        <lei>WAFCR4OKGSC504WU3E95</lei>
        <title>LOW 2.5 04/15/26</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Federal Home Loan Banks</name>
        <lei>2549001DPIFGXC1TOL40</lei>
        <title>FHLB 1.5 06/09/26</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Centene Corp.</name>
        <lei>549300Z7JJ4TQSQGT333</lei>
        <title>CNC 4.25 12/15/27</title>
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        <name>Tractor Supply Co</name>
        <lei>549300OJ9VZHZRO6I137</lei>
        <title>TSCO 1.75 11/01/30</title>
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        <name>WEC Energy Group Inc.</name>
        <lei>549300IGLYTZUK3PVP70</lei>
        <title>WEC 1.8 10/15/30</title>
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        <name>Citigroup Inc.</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
        <title>C 4.125 07/25/28</title>
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        <name>eBay Inc.</name>
        <lei>OML71K8X303XQONU6T67</lei>
        <title>EBAY 3.6 06/05/27</title>
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        <name>Teledyne Technologies Inc</name>
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        <name>DOC DR LLC</name>
        <lei>N/A</lei>
        <title>DOC 3.95 01/15/28</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>The Mosaic Company</name>
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      <invstOrSec>
        <name>Blackstone Private Credit Fund</name>
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        <balance>58000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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        <name>United States Treasury Notes</name>
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        <title>T 3.5 12/15/28</title>
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        <name>NOV Inc.</name>
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        <name>Autozone, Inc.</name>
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        <name>Norfolk Southern Corporation</name>
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          <maturityDt>2026-06-15</maturityDt>
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        <name>General Motors Company</name>
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        <title>GM 4.2 10/01/27</title>
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        <name>Fidelity National Information Services Inc</name>
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        <name>PNC Financial Services Group Inc.</name>
        <lei>CFGNEKW0P8842LEUIA51</lei>
        <title>PNC V5.582 06/12/29</title>
        <cusip>693475BR5</cusip>
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          <maturityDt>2029-06-12</maturityDt>
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        <name>WEC Energy Group Inc.</name>
        <lei>549300IGLYTZUK3PVP70</lei>
        <title>WEC 2.2 12/15/28</title>
        <cusip>92939UAG1</cusip>
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        <name>Amgen Inc.</name>
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        <title>AMGN 2.45 02/21/30</title>
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        <name>TransCanada Pipelines Limited</name>
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        <invCountry>CA</invCountry>
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        <name>Interstate Power &amp; Light Company</name>
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        <title>LNT 2.3 06/01/30</title>
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        <name>Federal Farm Credit Banks</name>
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        <title>FFCB 4.5 06/07/28</title>
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        <name>The Sherwin-Williams Company</name>
        <lei>Z15BMIOX8DDH0X2OBP21</lei>
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        <name>Texas Instruments Inc.</name>
        <lei>WDJNR2L6D8RWOEB8T652</lei>
        <title>TXN 1.75 05/04/30</title>
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        <name>CubeSmart LP</name>
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        <name>Hewlett Packard Enterprise Co.</name>
        <lei>549300BX44RGX6ANDV88</lei>
        <title>HPE 4.4 10/15/30</title>
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        <name>Starbucks Corp.</name>
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        <name>DOC DR LLC</name>
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        <name>Coterra Energy Inc</name>
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        <name>Bank of Nova Scotia</name>
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        <name>Lennar Corp.</name>
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        <name>eBay Inc.</name>
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        <name>JPMorgan Chase &amp; Co.</name>
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        <name>Webster Financial Corp.</name>
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        <name>Oracle Corp.</name>
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        <name>Amgen Inc.</name>
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        <name>United States Treasury Notes</name>
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        <name>Fox Corporation</name>
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        <name>CVS Health Corp</name>
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        <name>Philip Morris International Inc.</name>
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        <name>United States Treasury Notes</name>
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        <name>FREDDIE MAC STRUCTURED PASS THROUGH CERTIFICATES</name>
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        <name>Federal Home Loan Banks</name>
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        <name>The Cigna Group</name>
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        <name>Virginia Electric and Power Company</name>
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        <name>Lazard Group LLC</name>
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        <name>Federal Farm Credit Banks</name>
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        <name>Lennox International Inc.</name>
        <lei>S7DWAC87RDMPBF77GJ92</lei>
        <title>LII 5.5 09/15/28</title>
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        <name>The Cigna Group</name>
        <lei>549300VIWYMSIGT1U456</lei>
        <title>CI 3.05 10/15/27 *</title>
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        <name>Halliburton Company</name>
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        <title>HAL 2.92 03/01/30</title>
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        <name>Regency Centers, L.P.</name>
        <lei>5493008PTR2GAOYBXW28</lei>
        <title>REG 2.95 09/15/29</title>
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        <name>Union Electric Company</name>
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        <title>AEE 3.5 03/15/29</title>
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        <name>Dominion Energy Inc</name>
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        <title>D 2.85 08/15/26 D</title>
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        <name>Lincoln National Corp.</name>
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        <name>NatWest Group PLC</name>
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        <title>NWG V1.642 06/14/27</title>
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        <name>The Sherwin-Williams Company</name>
        <lei>Z15BMIOX8DDH0X2OBP21</lei>
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        <name>Amphenol Corporation</name>
        <lei>549300D3L3G0R4U4VT04</lei>
        <title>APH 2.8 02/15/30</title>
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        <name>eBay Inc.</name>
        <lei>OML71K8X303XQONU6T67</lei>
        <title>EBAY 2.7 03/11/30</title>
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      <invstOrSec>
        <name>DTE Energy Co.</name>
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        <name>Motorola Solutions Inc</name>
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        <name>Centene Corp.</name>
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        <name>CHICAGO BOARD OF TRADE</name>
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        <name>Microchip Technology Incorporated</name>
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        <name>United States Treasury Notes</name>
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        <name>Baxter International, Inc.</name>
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        <name>Alexandria Real Estate Equities, Inc.</name>
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        <name>BP Capital Markets America, Inc.</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Illumina Inc</name>
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        <name>Aflac Incorporated</name>
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        <name>PG&amp;E Wildfire Recovery Funding LLC</name>
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        <name>Lockheed Martin Corporation</name>
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        <name>BGC Group Inc</name>
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        <name>RTX Corp.</name>
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        <name>U.S. Bancorp.</name>
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        <name>Ameren Corp.</name>
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        <title>AEE 5.7 12/01/26</title>
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        <name>RTX Corp.</name>
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        <name>GATX Corporation</name>
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        <title>GMT 4 06/30/30</title>
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        <name>Marsh &amp; McLennan Companies, Inc.</name>
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        <name>MPLX LP</name>
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        <name>DTE Energy Co.</name>
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        <name>Centene Corp.</name>
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        <name>United States Treasury Notes</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>WASTE CONNECTIONS INC</name>
        <lei>549300HDLRTPBQU69P29</lei>
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        <curCd>USD</curCd>
        <valUSD>8576.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-02-01</maturityDt>
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        <name>Virginia Electric and Power Company</name>
        <lei>CQKUMNNZVDJLRYV2PT43</lei>
        <title>D 2.95 11/15/26 B</title>
        <cusip>927804FV1</cusip>
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        <balance>5000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4970.27000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.95000000</annualizedRt>
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        <name>United States Treasury Notes</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>T 3.875 06/15/28</title>
        <cusip>91282CNH0</cusip>
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          <isin value="US91282CNH06"/>
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        <balance>79600.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>80470.62000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-06-15</maturityDt>
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          <annualizedRt>3.87500000</annualizedRt>
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      <invstOrSec>
        <name>Smith &amp; Nephew PLC</name>
        <lei>213800ZTMDN8S67S1H61</lei>
        <title>SNLN 5.15 03/20/27</title>
        <cusip>83192PAC2</cusip>
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          <isin value="US83192PAC23"/>
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        <balance>44000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>44510.47000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-03-20</maturityDt>
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          <annualizedRt>5.15000000</annualizedRt>
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        <name>Vale Overseas Limited</name>
        <lei>254900BA3U6G5DNV5V04</lei>
        <title>VALEBZ 3.75 07/08/30</title>
        <cusip>91911TAQ6</cusip>
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          <isin value="US91911TAQ67"/>
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        <balance>6000.00000000</balance>
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        <valUSD>5823.72000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-07-08</maturityDt>
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        <name>South Bow USA Infrastructure Holdings LLC</name>
        <lei>254900Z1WAY7QFQ7O850</lei>
        <title>SOBOCN 5.026 10/01/29</title>
        <cusip>83007CAD4</cusip>
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          <isin value="US83007CAD48"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>30667.73000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.02600000</annualizedRt>
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      <invstOrSec>
        <name>Blackstone Private Credit Fund</name>
        <lei>549300ORP3TTCNXSYO43</lei>
        <title>BCRED 3.25 03/15/27</title>
        <cusip>09261HAK3</cusip>
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          <isin value="US09261HAK32"/>
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        <balance>23000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>22711.09000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</annualizedRt>
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      <invstOrSec>
        <name>United States Treasury Notes</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>T 3.25 06/30/29</title>
        <cusip>91282CEV9</cusip>
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          <isin value="US91282CEV90"/>
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        <balance>3100.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3084.26000000</valUSD>
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        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</annualizedRt>
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      <invstOrSec>
        <name>Arizona Public Service Company</name>
        <lei>YG6VT0TPHRH4TFVAQV64</lei>
        <title>PNW 2.6 08/15/29</title>
        <cusip>040555CZ5</cusip>
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          <isin value="US040555CZ51"/>
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        <balance>4000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3813.58000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.60000000</annualizedRt>
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      <invstOrSec>
        <name>American Tower Corporation</name>
        <lei>5493006ORUSIL88JOE18</lei>
        <title>AMT 5.5 03/15/28</title>
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          <isin value="US03027XBY58"/>
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        <balance>2000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2056.73000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-03-15</maturityDt>
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        <name>MPLX LP</name>
        <lei>5493000CZJ19CK4P3G36</lei>
        <title>MPLX 4.8 02/15/29</title>
        <cusip>55336VAS9</cusip>
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        <balance>20000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.80000000</annualizedRt>
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      <invstOrSec>
        <name>Huntington Bancshares Incorporated</name>
        <lei>549300XTVCVV9I7B5T19</lei>
        <title>HBAN V5.272 01/15/31</title>
        <cusip>446150BE3</cusip>
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          <isin value="US446150BE30"/>
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        <name>The Clorox Company</name>
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        <name>Blue Owl Credit Income Corp.</name>
        <lei>5493003I42XBWPE05N35</lei>
        <title>OCINCC 7.95 06/13/28</title>
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        <name>EATON VANCE CORP</name>
        <lei>4JJ8ORNW1AFZPSV8GJ79</lei>
        <title>Eaton Vance Corp</title>
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        <name>Steel Dynamics, Inc.</name>
        <lei>549300HGGKEL4FYTTQ83</lei>
        <title>STLD 3.45 04/15/30</title>
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        <name>Centene Corp.</name>
        <lei>549300Z7JJ4TQSQGT333</lei>
        <title>CNC 3 10/15/30</title>
        <cusip>15135BAW1</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Kraft Heinz Foods Company</name>
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        <name>Oracle Corp.</name>
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        <name>General Motors Financial Company Inc</name>
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        <name>United States Treasury Notes</name>
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        <title>T 4 05/31/30</title>
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        <name>The Mosaic Company</name>
        <lei>2YD5STGSJNMUB7H76907</lei>
        <title>MOS 5.375 11/15/28</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Edison International</name>
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        <name>Paramount Global</name>
        <lei>5KYC8KF17ROCY24M3H09</lei>
        <title>PARA 7.875 07/30/30</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-07-30</maturityDt>
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        <name>Idex Corporation</name>
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        <title>IEX 3 05/01/30</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Hubbell Incorporated</name>
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        <title>HUBB 3.5 02/15/28</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-02-15</maturityDt>
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        <name>Keurig Dr Pepper Inc</name>
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        <title>KDP 5.1 03/15/27 *</title>
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        <name>Nike, Inc.</name>
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        <title>NKE 2.375 11/01/26</title>
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        <name>Federal Home Loan Banks</name>
        <lei>2549001DPIFGXC1TOL40</lei>
        <title>FHLB 3.25 06/09/28</title>
        <cusip>3130AEB25</cusip>
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        <name>NextEra Energy Capital Holdings Inc</name>
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        <title>NEE 5.05 03/15/30</title>
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        <name>Sabine Pass Liquefaction, LLC</name>
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        <name>Federal Home Loan Banks</name>
        <lei>2549001DPIFGXC1TOL40</lei>
        <title>FHLB 3.25 11/16/28</title>
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        <name>General Mills, Inc.</name>
        <lei>2TGYMUGI08PO8X8L6150</lei>
        <title>GIS 3.2 02/10/27</title>
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        <name>Norfolk Southern Corporation</name>
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        <title>NSC 3.8 08/01/28</title>
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        <name>Boeing Co.</name>
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        <name>Centene Corp.</name>
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        <name>American National Group Inc.</name>
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        <name>U.S. Bancorp.</name>
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        <name>TELUS CORP</name>
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        <name>Bank of America Corp.</name>
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        <name>Capital One Financial Corp.</name>
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        <name>Oneok Inc.</name>
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        <name>United States Treasury Notes</name>
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        <name>Omega Healthcare Investors, Inc.</name>
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        <name>UnitedHealth Group Inc.</name>
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        <name>Blue Owl Credit Income Corp.</name>
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        <name>Tennessee Valley Authority</name>
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        <name>Axa SA</name>
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        <name>Blue Owl Technology Finance Corp.</name>
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        <title>OTF 6.1 03/15/28</title>
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        <name>Fidelity National Information Services Inc</name>
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        <title>FIS 3.75 05/21/29</title>
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        <name>Enel Americas SA</name>
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        <title>ENELIM 4 10/25/26</title>
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        <name>PepsiCo Singapore Financing I Pte. Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Air Products &amp; Chemicals, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Sempra</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Thermo Fisher Scientific Inc</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-10-15</maturityDt>
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        <name>Boeing Co.</name>
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        <title>BA 2.7 02/01/27</title>
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          <isin value="US097023CM50"/>
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        <fairValLevel>2</fairValLevel>
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        <name>American National Group Inc.</name>
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        <title>ANGINC 5.75 10/01/29</title>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-10-01</maturityDt>
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          <annualizedRt>5.75000000</annualizedRt>
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        <name>Federal Home Loan Banks</name>
        <lei>2549001DPIFGXC1TOL40</lei>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Bunge Ltd Finance Corp.</name>
        <lei>549300QHC068L40NNM71</lei>
        <title>BG 4.2 09/17/29</title>
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          <isin value="US120568BE94"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-09-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.20000000</annualizedRt>
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        <name>Huntington Bancshares Incorporated</name>
        <lei>549300XTVCVV9I7B5T19</lei>
        <title>HBAN V4.443 08/04/28</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Prudential Financial, Inc.</name>
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        <name>International Business Machines Corp.</name>
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        <title>IBM 6.5 01/15/28</title>
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        <name>STORE CAPITAL LLC</name>
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        <title>STOR 2.75 11/18/30</title>
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        <name>Boardwalk Pipelines LP</name>
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        <name>LYB International Finance III LLC</name>
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        <title>LYB 2.25 10/01/30</title>
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        <name>Golub Capital Private Credit Fund</name>
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        <title>GCRED 5.8 09/12/29</title>
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        <name>Equinix, Inc.</name>
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        <title>EQIX 2 05/15/28</title>
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        <name>Altria Group, Inc.</name>
        <lei>XSGZFLO9YTNO9VCQV219</lei>
        <title>MO 4.8 02/14/29</title>
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        <name>CMS Energy Corporation</name>
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        <name>Elevance Health Inc.</name>
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        <name>Healthcare Realty Holdings L.P</name>
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        <name>Shire Acquisitions Investments Ireland DAC</name>
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        <name>Enbridge Inc.</name>
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        <name>CNH Industrial Capital LLC</name>
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        <name>McDonald's Corp.</name>
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        <name>Broadridge Financial Solutions Inc.</name>
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        <name>Ameren Corp.</name>
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        <name>Blue Owl Credit Income Corp.</name>
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        <name>CHICAGO BOARD OF TRADE</name>
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        <name>Federal Home Loan Banks</name>
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        <name>Amgen Inc.</name>
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        <name>Broadcom Inc</name>
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        <name>Rexford Industrial Realty L P</name>
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        <name>PacifiCorp.</name>
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          <maturityDt>2029-06-15</maturityDt>
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        <name>Ares Strategic Income Fund</name>
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        <name>Choice Hotels International, Inc.</name>
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        <name>Mohawk Industries, Inc.</name>
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        <title>MHK 5.85 09/18/28</title>
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        <name>ERP Operating Limited Partnership</name>
        <lei>DX5HQV5MLU50FEWZ5072</lei>
        <title>EQR 2.5 02/15/30</title>
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        <balance>8000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-02-15</maturityDt>
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        <name>Ventas Realty Limited Partnership</name>
        <lei>32SXKSJ72K64GM3HOU64</lei>
        <title>VTR 3 01/15/30</title>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD</name>
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        <title>FHMS K507 A2</title>
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        <name>Franklin Bsp Capital Corp.</name>
        <lei>549300KJEVMKATLINB36</lei>
        <title>FRBP 6 10/02/30 144A</title>
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        <name>Goldman Sachs Private Credit Corp.</name>
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        <name>Sun Communities Operating Limited Partnership</name>
        <lei>549300PUNBPJCGT6X741</lei>
        <title>SUI 2.3 11/01/28</title>
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        <name>Morgan Stanley Direct Lending Fund</name>
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        <title>MSDL 4.5 02/11/27</title>
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        <name>Energy Transfer LP</name>
        <lei>MTLVN9N7JE8MIBIJ1H73</lei>
        <title>ET 5.25 07/01/29</title>
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        <name>TransCanada Pipelines Limited</name>
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        <invCountry>CA</invCountry>
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        <name>Golub Capital Private Credit Fund</name>
        <lei>254900B5KBW6OY1F9951</lei>
        <title>GCRED 5.875 05/01/30</title>
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        <name>Freeport-McMoRan Inc.</name>
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        <name>Paramount Global</name>
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        <name>Brookfield Finance Inc.</name>
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        <name>Nordson Corp</name>
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        <name>Prudential Financial, Inc.</name>
        <lei>5PRBRS5FEH7NREC8OR45</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Motorola Solutions Inc</name>
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        <title>MSI 2.3 11/15/30</title>
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        <name>Crown Castle Inc.</name>
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        <title>CCI 3.1 11/15/29</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Kraft Heinz Foods Company</name>
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        <title>KHC 4.625 01/30/29</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Schlumberger Holdings Corporation</name>
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        <title>SLB 4.5 05/15/28 144A</title>
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        <name>The Progressive Corporation</name>
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        <name>Global Payments Inc</name>
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        <title>GPN 3.2 08/15/29</title>
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        <name>Virginia Electric and Power Company</name>
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        <title>D 2.875 07/15/29 A</title>
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        <name>Federal Farm Credit Banks</name>
        <lei>254900C5LP6DN9OP9V83</lei>
        <title>FFCB 4.125 08/01/29</title>
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        <name>Tanger Properties Limited Partnership</name>
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        <name>JPMorgan Chase &amp; Co.</name>
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        <name>Avery Dennison Corporation</name>
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        <name>PPG Industries, Inc.</name>
        <lei>549300BKPEP01R3V6C59</lei>
        <title>PPG 2.8 08/15/29</title>
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        <name>American Tower Corporation</name>
        <lei>5493006ORUSIL88JOE18</lei>
        <title>AMT 2.75 01/15/27</title>
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        <fairValLevel>2</fairValLevel>
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        <name>BGC Group Inc</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-06-10</maturityDt>
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      <invstOrSec>
        <name>Conagra Brands Inc</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-11-01</maturityDt>
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      <invstOrSec>
        <name>Black Hills Corporation</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-01-15</maturityDt>
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        <name>AEP Texas Inc</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-05-15</maturityDt>
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        <name>American International Group Inc.</name>
        <lei>ODVCVCQG2BP6VHV36M30</lei>
        <title>AIG 4.85 05/07/30</title>
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        <name>Valero Energy Corp.</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.15000000</annualizedRt>
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        <name>Omega Healthcare Investors, Inc.</name>
        <lei>549300OJ7ENK42CZ8E73</lei>
        <title>OHI 3.625 10/01/29</title>
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        <balance>7000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-10-01</maturityDt>
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        <name>Toll Brothers Finance Corp.</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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          <maturityDt>2027-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Healthcare Realty Holdings L.P</name>
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        <title>HR 3.75 07/01/27</title>
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        <name>Carlisle Companies Inc.</name>
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        <title>CSL 2.75 03/01/30</title>
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        <name>Pinnacle West Capital Corp.</name>
        <lei>TWSEY0NEDUDCKS27AH81</lei>
        <title>PNW 5.15 05/15/30</title>
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        <name>Tyson Foods, Inc.</name>
        <lei>WD6L6041MNRW1JE49D58</lei>
        <title>TSN 5.4 03/15/29</title>
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        <name>FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD</name>
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        <title>FHMS K077 A2</title>
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        <name>Simon Property Group LP</name>
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        <title>SPG 4.375 10/01/30</title>
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        <name>Las Vegas Sands Corp</name>
        <lei>549300DUOO1KXOHPM605</lei>
        <title>LVS 3.9 08/08/29</title>
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        <name>Southern California Edison Company</name>
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        <title>EIX 5.3 03/01/28</title>
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        <name>Sysco Corporation</name>
        <lei>5RGWIFLMGH3YS7KWI652</lei>
        <title>SYY 5.75 01/17/29</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Freeport-McMoRan Inc.</name>
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        <name>Public Service Electric &amp; Gas Co.</name>
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        <name>NNN REIT Inc</name>
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        <name>Brixmor Operating Partnership LP</name>
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        <name>Entergy Corporation</name>
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        <name>Marathon Petroleum Corp.</name>
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        <name>Ovintiv Inc</name>
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        <name>S&amp;P Global Inc</name>
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        <name>Mohawk Industries, Inc.</name>
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        <name>Canadian Imperial Bank of Commerce</name>
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        <name>The Charles Schwab Corporation</name>
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        <name>Realty Income Corporation</name>
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        <name>HA Sustainable Infrastructure Capital Inc</name>
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        <name>Marathon Petroleum Corp.</name>
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        <name>Public Service Enterprise Group Incorporated</name>
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        <name>NetApp Inc.</name>
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        <name>Entergy Corporation</name>
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        <name>Centerpoint Energy Inc</name>
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        <name>Textron Inc.</name>
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        <name>Adobe Inc</name>
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        <name>Verisk Analytics, Inc.</name>
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        <name>Nokia Corp</name>
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        <name>United States Treasury Notes</name>
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        <name>Boston Properties LP</name>
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        <name>Dentsply Sirona Inc</name>
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        <name>Starbucks Corp.</name>
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        <name>United States Treasury Notes</name>
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        <name>Westpac Banking Corp.</name>
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        <name>Realty Income Corporation</name>
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        <name>Energy Transfer LP</name>
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        <name>Healthcare Realty Holdings L.P</name>
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        <name>Elevance Health Inc.</name>
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        <name>McDonald's Corp.</name>
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        <name>United States Treasury Notes</name>
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        <name>United States Treasury Notes</name>
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        <name>Mondelez International, Inc.</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Poland (Republic of)</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>The Kroger Co.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Targa Resources Corp.</name>
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          <maturityDt>2030-09-15</maturityDt>
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        <name>State Street Corp.</name>
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        <balance>8000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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        <name>Valero Energy Corp.</name>
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        <title>VLO 5.15 02/15/30</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-02-15</maturityDt>
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        <name>Stryker Corporation</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-06-15</maturityDt>
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        <name>Intercontinental Exchange Inc</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-06-15</maturityDt>
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        <name>John Deere Capital Corp.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-01-15</maturityDt>
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        <name>Extra Space Storage LP</name>
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          <maturityDt>2027-12-15</maturityDt>
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        <name>Bank of Montreal</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-01-14</maturityDt>
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        <name>Thermo Fisher Scientific Inc</name>
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        <name>United States Treasury Notes</name>
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        <name>Zoetis Inc.</name>
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        <name>Sempra</name>
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        <name>HF Sinclair Corp.</name>
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        <name>NNN REIT Inc</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <title>FHMS K740 A2</title>
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      <invstOrSec>
        <name>NextEra Energy Capital Holdings Inc</name>
        <lei>UMI46YPGBLUE4VGNNT48</lei>
        <title>NEE 2.75 11/01/29</title>
        <cusip>65339KBM1</cusip>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Oneok Inc.</name>
        <lei>2T3D6M0JSY48PSZI1Q41</lei>
        <title>OKE 4.4 10/15/29</title>
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        <balance>16000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>16132.81000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.40000000</annualizedRt>
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      <invstOrSec>
        <name>Textron Inc.</name>
        <lei>3PPKBHUG1HD6BO7RNR87</lei>
        <title>TXT 3 06/01/30</title>
        <cusip>883203CB5</cusip>
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          <isin value="US883203CB58"/>
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        <balance>11000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10536.71000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>General Motors Company</name>
        <lei>54930070NSV60J38I987</lei>
        <title>GM 5.625 04/15/30</title>
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          <isin value="US37045VBA70"/>
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        <balance>5000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5244.64000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
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      <invstOrSec>
        <name>BBCMS Mortgage Trust 2020-C6</name>
        <lei>N/A</lei>
        <title>BBCMS 2019-C3 A4</title>
        <cusip>05550MAU8</cusip>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>294870.01000000</valUSD>
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        <assetCat>ABS-O</assetCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-05-17</maturityDt>
          <couponKind>Variable</couponKind>
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        <name>Toyota Motor Credit Corp.</name>
        <lei>Z2VZBHUMB7PWWJ63I008</lei>
        <title>TOYOTA 3.65 01/08/29</title>
        <cusip>89236TFT7</cusip>
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        <balance>29000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>28956.67000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-01-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.65000000</annualizedRt>
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        <name>Baxter International, Inc.</name>
        <lei>J5OIVXX3P24RJRW5CK77</lei>
        <title>BAX 2.272 12/01/28</title>
        <cusip>071813CP2</cusip>
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        <balance>10000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9458.66000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.27200000</annualizedRt>
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        <name>TD Synnex Corp</name>
        <lei>5493004HI6PFLF46NS53</lei>
        <title>SNX 2.375 08/09/28</title>
        <cusip>87162WAH3</cusip>
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          <isin value="US87162WAH34"/>
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        <balance>4000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3833.16000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.37500000</annualizedRt>
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      <invstOrSec>
        <name>Sixth Street Lending Partners</name>
        <lei>549300S9P1HMDERGCR64</lei>
        <title>SIXSLP 6.125 07/15/30</title>
        <cusip>829932AF9</cusip>
        <identifiers>
          <isin value="US829932AF99"/>
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        <balance>27000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>27401.41000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Barclays PLC</name>
        <lei>213800LBQA1Y9L22JB70</lei>
        <title>BACR V2.645 06/24/31</title>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>186939.44000000</valUSD>
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        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-06-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.64500000</annualizedRt>
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        <name>NVR Inc</name>
        <lei>529900RWXR4JI3JYTV70</lei>
        <title>NVR 3 05/15/30</title>
        <cusip>62944TAF2</cusip>
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        <balance>8000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7654.13000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>Las Vegas Sands Corp</name>
        <lei>549300DUOO1KXOHPM605</lei>
        <title>LVS 5.9 06/01/27</title>
        <cusip>517834AJ6</cusip>
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        <balance>13000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.90000000</annualizedRt>
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        <name>Crown Castle Inc.</name>
        <lei>54930012H97VSM0I2R19</lei>
        <title>CCI 3.65 09/01/27</title>
        <cusip>22822VAH4</cusip>
        <identifiers>
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        <balance>48000.00000000</balance>
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        <invCountry>US</invCountry>
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          <annualizedRt>3.65000000</annualizedRt>
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        <name>S&amp;P Global Inc</name>
        <lei>Y6X4K52KMJMZE7I7MY94</lei>
        <title>SPGI 4.75 08/01/28</title>
        <cusip>78409VBF0</cusip>
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        <balance>26000.00000000</balance>
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        <valUSD>26557.12000000</valUSD>
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        <invCountry>US</invCountry>
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          <annualizedRt>4.75000000</annualizedRt>
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        <name>Wells Fargo &amp; Co.</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
        <title>WFC V5.198 01/23/30</title>
        <cusip>95000U3J0</cusip>
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        <balance>25000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <name>HCA Inc.</name>
        <lei>L3CJ6J7LJ2DX62FTXD46</lei>
        <title>HCA 5.25 03/01/30</title>
        <cusip>404119CZ0</cusip>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
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        <name>Weyerhaeuser Company</name>
        <lei>08IRJODWFYBI7QWRGS31</lei>
        <title>WY 4 04/15/30</title>
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        <balance>30000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2030-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Enbridge Inc.</name>
        <lei>98TPTUM4IVMFCZBCUR27</lei>
        <title>ENBCN 3.125 11/15/29</title>
        <cusip>29250NAZ8</cusip>
        <identifiers>
          <isin value="US29250NAZ87"/>
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        <name>American Tower Corporation</name>
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        <name>Merck &amp; Co., Inc</name>
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        <name>EQT Corporation</name>
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        <name>Nasdaq Inc</name>
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        <name>Bunge Ltd Finance Corp.</name>
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        <name>Amgen Inc.</name>
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        <name>AON CORP</name>
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        <name>Las Vegas Sands Corp</name>
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        <name>BAKER HUGHES HOLDINGS LLC</name>
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        <name>AT&amp;T Inc</name>
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        <name>Ingersoll Rand Inc</name>
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        <name>Packaging Corporation of America</name>
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        <name>Manulife Financial Corporation</name>
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        <name>Verizon Communications Inc.</name>
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        <name>Highwoods Realty Limited Partnership</name>
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        <name>United States Treasury Notes</name>
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        <name>Ares Strategic Income Fund</name>
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        <name>Iqvia Inc</name>
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        <name>Enact Holdings Inc</name>
        <lei>9845003CA5664B741N19</lei>
        <title>ACT 6.25 05/28/29</title>
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        <name>Pfizer Investment Enterprises Pte Ltd.</name>
        <lei>5493000FQO8XF9C0RT95</lei>
        <title>PFE 4.45 05/19/28</title>
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        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Bbcms Mortgage Trust 2017</name>
        <lei>N/A</lei>
        <title>BBCMS 2018-C2 A5</title>
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        <name>D.R. Horton, Inc.</name>
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        <title>DHI 1.3 10/15/26</title>
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        <name>PNC Financial Services Group Inc.</name>
        <lei>CFGNEKW0P8842LEUIA51</lei>
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        <name>Vulcan Materials Company</name>
        <lei>549300Q8LSNHAVWBNI21</lei>
        <title>VMC 3.9 04/01/27</title>
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        <name>Relx Capital Inc.</name>
        <lei>2R15C3RTKJN1RCBOV146</lei>
        <title>RELLN 4 03/18/29</title>
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        <name>FS KKR Capital Corp</name>
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        <title>FSK 6.125 01/15/30</title>
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        <name>Mississippi Power Company</name>
        <lei>LNZ0J6YZ5SC6ILIRU850</lei>
        <title>SO 3.95 03/30/28</title>
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        <name>GENPACT LUXEMBOURG SARL</name>
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        <title>G 1.75 04/10/26</title>
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        <invCountry>LU</invCountry>

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        <name>Ingersoll Rand Inc</name>
        <lei>5299004C02FMZCUOIR50</lei>
        <title>IR 5.4 08/14/28</title>
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        <name>National Rural Utilities Cooperative Finance Corp.</name>
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        <name>Xylem, Inc.</name>
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        <name>EQT Corporation</name>
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        <name>Goldman Sachs Group, Inc.</name>
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        <name>Commonwealth Edison Company</name>
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        <name>CSAIL 2017-Cx10 Commercial Mortgage Trust</name>
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        <name>Ingredion Incorporated</name>
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        <name>General Mills, Inc.</name>
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        <name>Entergy Mississippi LLC</name>
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        <name>Crown Castle Inc.</name>
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        <name>Ares Strategic Income Fund</name>
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        <name>Southwestern Electric Power Company</name>
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        <name>Oncor Electric Delivery Company LLC</name>
        <lei>549300SP2X2BS1KERD24</lei>
        <title>ONCRTX 4.65 11/01/29</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Canadian Pacific Railway Company</name>
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        <curCd>USD</curCd>
        <valUSD>7430.21000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Lear Corporation</name>
        <lei>549300UPNBTXA1SYTQ33</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-05-15</maturityDt>
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        <name>Ventas Realty Limited Partnership</name>
        <lei>32SXKSJ72K64GM3HOU64</lei>
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          <isin value="US92277GAN79"/>
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        <balance>6000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6058.63000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-01-15</maturityDt>
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          <annualizedRt>4.40000000</annualizedRt>
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      <invstOrSec>
        <name>The Charles Schwab Corporation</name>
        <lei>549300VSGCJ7E698NM85</lei>
        <title>SCHW V5.643 05/19/29</title>
        <cusip>808513CD5</cusip>
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        <balance>10000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10379.55000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-05-19</maturityDt>
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          <annualizedRt>5.64300000</annualizedRt>
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      <invstOrSec>
        <name>American Express Company</name>
        <lei>R4PP93JZOLY261QX3811</lei>
        <title>AXP V6.489 10/30/31</title>
        <cusip>025816DN6</cusip>
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          <isin value="US025816DN68"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>27389.47000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-10-30</maturityDt>
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      <invstOrSec>
        <name>Starbucks Corp.</name>
        <lei>OQSJ1DU9TAOC51A47K68</lei>
        <title>SBUX 4.85 02/08/27</title>
        <cusip>855244BG3</cusip>
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          <isin value="US855244BG38"/>
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        <balance>19000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>19157.07000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-02-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.85000000</annualizedRt>
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      <invstOrSec>
        <name>CommonSpirit Health</name>
        <lei>4SXHN5XW08IBO0UG2V58</lei>
        <title>CATMED 2.782 10/01/30</title>
        <cusip>20268JAF0</cusip>
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          <isin value="US20268JAF03"/>
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        <balance>12000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>11293.86000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.78200000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Las Vegas Sands Corp</name>
        <lei>549300DUOO1KXOHPM605</lei>
        <title>LVS 6 06/14/30</title>
        <cusip>517834AN7</cusip>
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        <balance>10000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10507.82000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>Verizon Communications Inc.</name>
        <lei>2S72QS2UO2OESLG6Y829</lei>
        <title>VZ 1.68 10/30/30</title>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>26922.43000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-10-30</maturityDt>
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        <name>Reinsurance Group of America, Incorporated</name>
        <lei>LORM1GNEU1DKEW527V90</lei>
        <title>RGA 3.9 05/15/29</title>
        <cusip>759351AN9</cusip>
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          <isin value="US759351AN90"/>
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        <balance>53000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.90000000</annualizedRt>
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      <invstOrSec>
        <name>Southwest Gas Corp</name>
        <lei>OQQR1IQTGBKH0UR88X59</lei>
        <title>SWX 5.45 03/23/28</title>
        <cusip>845011AH8</cusip>
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        <balance>32000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>32898.12000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-03-23</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CHARTER COMMUNICATIONS OPERATING LLC</name>
        <lei>549300TPZNMN50BJ3745</lei>
        <title>CHTR 3.75 02/15/28</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-02-15</maturityDt>
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        <name>Oracle Corp.</name>
        <lei>1Z4GXXU7ZHVWFCD8TV52</lei>
        <title>ORCL 2.3 03/25/28</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Agilent Technologies Inc.</name>
        <lei>QUIX8Y7A2WP0XRMW7G29</lei>
        <title>A 2.1 06/04/30</title>
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        <name>General Motors Financial Company Inc</name>
        <lei>5493008B6JBRUJ90QL97</lei>
        <title>GM 3.6 06/21/30</title>
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        <name>CBRE Services Inc</name>
        <lei>549300CTE3HOMEUMM603</lei>
        <title>CBG 5.5 04/01/29</title>
        <cusip>12505BAH3</cusip>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <name>BP Capital Markets America, Inc.</name>
        <lei>5493009NTB34VXE1T760</lei>
        <title>BPLN 4.234 11/06/28</title>
        <cusip>10373QAE0</cusip>
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        <balance>5000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>American Tower Corporation</name>
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        <name>Eli Lilly &amp; Co.</name>
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        <name>Piedmont Operating Partnership, L.P.</name>
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        <name>Omnicom Group Inc</name>
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        <name>Wells Fargo &amp; Co.</name>
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        <name>Hewlett Packard Enterprise Co.</name>
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        <name>Biogen Inc</name>
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        <title>BIIB 2.25 05/01/30</title>
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        <name>Cummins Inc.</name>
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        <title>CMI 1.5 09/01/30</title>
        <cusip>231021AT3</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>RTX Corp.</name>
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        <title>RTX 4.125 11/16/28</title>
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        <fairValLevel>2</fairValLevel>
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        <name>ORIX Corp.</name>
        <lei>35380016EMHNBOVYE123</lei>
        <title>ORIX 4.45 09/09/30</title>
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        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Healthpeak OP LLC</name>
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        <title>DOC 3.5 07/15/29</title>
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        <name>Rogers Communications Inc.</name>
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        <title>RCICN 3.2 03/15/27</title>
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        <invCountry>CA</invCountry>
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        <name>Northrop Grumman Corporation</name>
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        <title>NOC 4.65 07/15/30</title>
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        <name>BAKER HUGHES HOLDINGS LLC</name>
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        <title>BHI 2.061 12/15/26</title>
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        <name>Morgan Stanley</name>
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        <name>AT&amp;T Inc</name>
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        <title>T 4.3 02/15/30</title>
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        <name>Centerpoint Energy Houston Electric LLC</name>
        <lei>549300S8SEQBOJLKHW63</lei>
        <title>CNP 3 02/01/27 AA</title>
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        <name>United States Treasury Notes</name>
        <lei>254900HROIFWPRGM1V77</lei>
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        <name>Sempra</name>
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        <name>United States Treasury Bills</name>
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        <name>Cheniere Energy Partners Lp</name>
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        <name>Woodside Finance Ltd.</name>
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        <name>FIRST CITIZENS BANCSHARES INC</name>
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        <name>Spectra Energy Partners, LP</name>
        <lei>2HKVXE7U4NF5B6UGSU72</lei>
        <title>ENBCN 3.375 10/15/26</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Bank of Nova Scotia</name>
        <lei>L3I9ZG2KFGXZ61BMYR72</lei>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-09-15</maturityDt>
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        <name>Intel Corporation</name>
        <lei>KNX4USFCNGPY45LOCE31</lei>
        <title>INTC 2.45 11/15/29</title>
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        <name>Energy Transfer LP</name>
        <lei>MTLVN9N7JE8MIBIJ1H73</lei>
        <title>ET 5.2 04/01/30</title>
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        <name>Brookfield Finance Inc.</name>
        <lei>549300XH8D8K6OYWGD17</lei>
        <title>BNCN 4.85 03/29/29</title>
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        <name>Totalenergies Capital USA LLC</name>
        <lei>9845000979865101C194</lei>
        <title>TTEFP 4.248 01/13/31</title>
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        <name>Cencora Inc</name>
        <lei>AI8GXW8LG5WK7E9UD086</lei>
        <title>COR 2.8 05/15/30</title>
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        <name>BP Capital Markets America, Inc.</name>
        <lei>5493009NTB34VXE1T760</lei>
        <title>BPLN 3.937 09/21/28</title>
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        <name>CommonSpirit Health</name>
        <lei>4SXHN5XW08IBO0UG2V58</lei>
        <title>CATMED 3.347 10/01/29</title>
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        <name>Ecolab Inc.</name>
        <lei>82DYEISM090VG8LTLS26</lei>
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        <name>Bank of America Corp.</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
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        <name>Northern Trust Corporation</name>
        <lei>549300GLF98S992BC502</lei>
        <title>NTRS 1.95 05/01/30</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CBRE Services Inc</name>
        <lei>549300CTE3HOMEUMM603</lei>
        <title>CBG 4.8 06/15/30</title>
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          <isin value="US12505BAJ98"/>
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        <curCd>USD</curCd>
        <valUSD>19375.90000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Western Midstream Operating LP</name>
        <lei>L6D8A6MLSY454J2JXJ60</lei>
        <title>WES 4.65 07/01/26</title>
        <cusip>958254AF1</cusip>
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          <isin value="US958254AF13"/>
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        <balance>17000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>17005.06000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.65000000</annualizedRt>
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      <invstOrSec>
        <name>Wells Fargo &amp; Co.</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
        <title>WFC V6.303 10/23/29</title>
        <cusip>95000U3G6</cusip>
        <identifiers>
          <isin value="US95000U3G61"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>52753.28000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-10-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.30300000</annualizedRt>
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      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>MS V2.475 01/21/28</title>
        <cusip>61747YEK7</cusip>
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          <isin value="US61747YEK73"/>
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        <balance>55000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>54273.26000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.47500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Juniper Networks, Inc.</name>
        <lei>AUHIXNGG7U2U7JEHM527</lei>
        <title>JNPR 2 12/10/30</title>
        <cusip>48203RAP9</cusip>
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          <isin value="US48203RAP91"/>
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        <balance>10000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8985.88000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-12-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</annualizedRt>
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      <invstOrSec>
        <name>Mid-America Apartments, L.P.</name>
        <lei>549300FXWGE3QSYCUJ38</lei>
        <title>MAA 3.95 03/15/29</title>
        <cusip>59523UAQ0</cusip>
        <identifiers>
          <isin value="US59523UAQ04"/>
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        <balance>5000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5002.68000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.95000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Jackson Financial Inc</name>
        <lei>213800WXW2KG1N4CO374</lei>
        <title>JXN 5.17 06/08/27</title>
        <cusip>46817MAR8</cusip>
        <identifiers>
          <isin value="US46817MAR88"/>
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        <balance>5000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5065.82000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.17000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Continental Resources, Inc.</name>
        <lei>XXRTID9RYWOZ0UPIVR53</lei>
        <title>CLR 4.375 01/15/28</title>
        <cusip>212015AS0</cusip>
        <identifiers>
          <isin value="US212015AS02"/>
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        <balance>14000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>14025.11000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>United States Treasury Notes</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>T 3.75 12/31/28</title>
        <cusip>91282CJR3</cusip>
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          <isin value="US91282CJR34"/>
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        <balance>500.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>504.90000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.75000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FedEx Corporation</name>
        <lei>549300E707U7WNPZN687</lei>
        <title>FDX 3.1 08/05/29 *</title>
        <cusip>31428XDF0</cusip>
        <identifiers>
          <isin value="US31428XDF06"/>
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        <balance>8000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7794.65000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.10000000</annualizedRt>
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      <invstOrSec>
        <name>Northrop Grumman Corporation</name>
        <lei>RIMU48P07456QXSO0R61</lei>
        <title>NOC 4.6 02/01/29</title>
        <cusip>666807CK6</cusip>
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          <isin value="US666807CK64"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>25502.70000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.60000000</annualizedRt>
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      <invstOrSec>
        <name>General Motors Financial Company Inc</name>
        <lei>5493008B6JBRUJ90QL97</lei>
        <title>GM 4.9 10/06/29</title>
        <cusip>37045XEZ5</cusip>
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          <isin value="US37045XEZ50"/>
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        <balance>8000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8181.43000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.90000000</annualizedRt>
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        <name>Vulcan Materials Company</name>
        <lei>549300Q8LSNHAVWBNI21</lei>
        <title>VMC 3.5 06/01/30</title>
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        <balance>26000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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        <name>Phillips 66</name>
        <lei>5493005JBO5YSIGK1814</lei>
        <title>PSX 3.9 03/15/28</title>
        <cusip>718546AR5</cusip>
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        <balance>3000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.90000000</annualizedRt>
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        <name>Canadian Pacific Railway Company</name>
        <lei>54930036474DURYNB481</lei>
        <title>CP 4.8 03/30/30</title>
        <cusip>13645RBJ2</cusip>
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        <balance>3000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3089.08000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-03-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.80000000</annualizedRt>
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        <name>Lowes Companies, Inc.</name>
        <lei>WAFCR4OKGSC504WU3E95</lei>
        <title>LOW 3.65 04/05/29</title>
        <cusip>548661DR5</cusip>
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        <balance>33000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-04-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.65000000</annualizedRt>
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      <invstOrSec>
        <name>Morgan Stanley Direct Lending Fund</name>
        <lei>549300QEX22T2J8IB029</lei>
        <title>MSDL 6 05/19/30</title>
        <cusip>61774AAG8</cusip>
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          <isin value="US61774AAG85"/>
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        <balance>8000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8027.27000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-05-19</maturityDt>
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        <name>Mckesson Corp.</name>
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        <name>Prudential Financial, Inc.</name>
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        <name>Baxter International, Inc.</name>
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        <name>Panama (Republic of)</name>
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        <name>Southern Co.</name>
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        <name>Crown Castle Inc.</name>
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        <name>Genuine Parts Co</name>
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        <name>TELUS CORP</name>
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        <name>John Deere Capital Corp.</name>
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        <name>United States Treasury Notes</name>
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        <title>T 4 12/15/27</title>
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        <name>Xcel Energy Inc</name>
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        <name>Williams Companies Inc. (The)</name>
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        <name>Zimmer Biomet Holdings Inc</name>
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        <name>Laboratory Corporation of America Holdings</name>
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        <name>Bank of Nova Scotia</name>
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        <name>Pepsico Inc</name>
        <lei>FJSUNZKFNQ5YPJ5OT455</lei>
        <title>PEP 2.625 03/19/27</title>
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        <name>The Toronto-Dominion Bank</name>
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        <name>Weyerhaeuser Company</name>
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        <name>American Tower Corporation</name>
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        <name>Diamondback Energy Inc</name>
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        <name>Federal Realty OP LP</name>
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        <name>Dominion Energy Inc</name>
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        <name>Main Street Capital Corp.</name>
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        <name>Chubb INA Holdings LLC</name>
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        <name>Dominion Energy Inc</name>
        <lei>ILUL7B6Z54MRYCF6H308</lei>
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        <name>Air Lease Corporation</name>
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        <title>AL 3.25 10/01/29</title>
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        <name>Oracle Corp.</name>
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        <title>ORCL 4.45 09/26/30</title>
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        <name>Oracle Corp.</name>
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        <name>Nutrien Ltd</name>
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        <name>Edwards Lifesciences Corporation</name>
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        <name>Broadcom Inc</name>
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        <title>AVGO 4.6 07/15/30</title>
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        <name>United States Treasury Notes</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>T 4.125 11/30/29</title>
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        <name>J. B. Hunt Transport Services, Inc.</name>
        <lei>549300XCD1MPI1C5GK90</lei>
        <title>JBHT 4.9 03/15/30</title>
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        <name>Workday Inc</name>
        <lei>549300J0DYC0N31V7G13</lei>
        <title>WDAY 3.7 04/01/29</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Fifth Third Bancorp</name>
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        <name>JPMorgan Chase &amp; Co.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-11-19</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>BorgWarner Inc.</name>
        <lei>549300DSFX2IE88NSX47</lei>
        <title>BWA 4.95 08/15/29</title>
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          <isin value="US099724AP16"/>
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        <balance>4000.00000000</balance>
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        <valUSD>4109.76000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-08-15</maturityDt>
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          <annualizedRt>4.95000000</annualizedRt>
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        <name>Roper Technologies Inc</name>
        <lei>54930003T4SXCIWVXY35</lei>
        <title>ROP 2 06/30/30</title>
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        <balance>48000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-06-30</maturityDt>
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          <annualizedRt>2.00000000</annualizedRt>
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        <name>Hyatt Hotels Corporation</name>
        <lei>T27JQIMTYSH41TCD5186</lei>
        <title>H 5.75 04/23/30</title>
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        <balance>21000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-04-23</maturityDt>
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        <name>Boston Scientific Corporation</name>
        <lei>Y6ZDD9FP4P8JSSJMW954</lei>
        <title>BSX 2.65 06/01/30</title>
        <cusip>101137BA4</cusip>
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        <balance>11000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10411.10000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.65000000</annualizedRt>
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      <invstOrSec>
        <name>Highwoods Realty Limited Partnership</name>
        <lei>JUJNVZX73BIYHLR58F51</lei>
        <title>HIW 3.05 02/15/30</title>
        <cusip>431282AS1</cusip>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.05000000</annualizedRt>
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      <invstOrSec>
        <name>Applovin Corp.</name>
        <lei>549300LLVXMUAOL3SQ07</lei>
        <title>APP 5.125 12/01/29</title>
        <cusip>03831WAB4</cusip>
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          <isin value="US03831WAB46"/>
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        <valUSD>13280.47000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
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        <name>3M Company</name>
        <lei>LUZQVYP4VS22CLWDAR65</lei>
        <title>MMM 2.375 08/26/29</title>
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        <balance>9000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-08-26</maturityDt>
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          <annualizedRt>2.37500000</annualizedRt>
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        <name>Citigroup Inc.</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
        <title>C V4.503 09/11/31</title>
        <cusip>172967QF1</cusip>
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        <balance>71000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-09-11</maturityDt>
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        <name>Telefonica Europe B V</name>
        <lei>7245007FZS0M65WUGP67</lei>
        <title>TELEFO 8.25 09/15/30</title>
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        <name>HCA Inc.</name>
        <lei>L3CJ6J7LJ2DX62FTXD46</lei>
        <title>HCA 4.125 06/15/29</title>
        <cusip>404119BX6</cusip>
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        <name>Equifax Inc.</name>
        <lei>5493004MCF8JDC86VS77</lei>
        <title>EFX 4.8 09/15/29</title>
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        <name>The Charles Schwab Corporation</name>
        <lei>549300VSGCJ7E698NM85</lei>
        <title>SCHW V4.343 11/14/31</title>
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        <name>J. B. Hunt Transport Services, Inc.</name>
        <lei>549300XCD1MPI1C5GK90</lei>
        <title>JBHT 3.875 03/01/26</title>
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        <name>Deere &amp; Company</name>
        <lei>PWFTNG3EI0Y73OXWDH08</lei>
        <title>DE 3.1 04/15/30</title>
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        <name>Altria Group, Inc.</name>
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        <name>Goldman Sachs BDC, Inc.</name>
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        <name>Ryder System, Inc.</name>
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        <name>National Rural Utilities Cooperative Finance Corp.</name>
        <lei>4NYF266XZC35SCTGX023</lei>
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        <name>Elevance Health Inc.</name>
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        <name>AbbVie Inc.</name>
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        <name>Hormel Foods Corp</name>
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        <title>HRL 1.8 06/11/30</title>
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        <name>Canadian Natural Resources Limited</name>
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        <name>Philip Morris International Inc.</name>
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        <title>PM 1.75 11/01/30</title>
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        <name>Expedia Group Inc</name>
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        <name>Invitation Homes Operating Partnership Lp</name>
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        <name>Bank of Nova Scotia</name>
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        <name>Nutrien Ltd</name>
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        <name>Morgan Stanley</name>
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        <name>Kimberly-Clark Corporation</name>
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      <invstOrSec>
        <name>VICI Properties LP</name>
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        <name>Archer-Daniels-Midland Co.</name>
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        <name>United Parcel Service, Inc.</name>
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        <name>John Deere Capital Corp.</name>
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        <name>Federal Home Loan Banks</name>
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        <name>Ares Capital Corp.</name>
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        <name>PacifiCorp.</name>
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        <name>Phillips 66</name>
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        <title>PSX 2.15 12/15/30</title>
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        <name>Intel Corporation</name>
        <lei>KNX4USFCNGPY45LOCE31</lei>
        <title>INTC 3.9 03/25/30</title>
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        <name>American Express Company</name>
        <lei>R4PP93JZOLY261QX3811</lei>
        <title>AXP V5.532 04/25/30</title>
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        <name>Comcast Corporation</name>
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        <title>CMCSA 5.1 06/01/29</title>
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        <name>Essex Portfolio Lp</name>
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        <title>ESS 1.65 01/15/31</title>
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        <name>FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD</name>
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        <title>FHMS K079 A2</title>
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        <name>VICI Properties LP</name>
        <lei>254900X4QE7SGKQLLN38</lei>
        <title>VICI 4.95 02/15/30</title>
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        <name>Truist Financial Corp.</name>
        <lei>549300DRQQI75D2JP341</lei>
        <title>TFC V1.887 06/07/29 MTN</title>
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        <name>Western Alliance Bancorp</name>
        <lei>5493003VJXZ5JXT9S762</lei>
        <title>WAL V3 06/15/31</title>
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        <name>Micron Technology Inc.</name>
        <lei>B3DXGBC8GAIYWI2Z0172</lei>
        <title>MU 5.3 01/15/31</title>
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        <name>FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD</name>
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        <name>Laboratory Corporation of America Holdings</name>
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        <name>United States Treasury Bills</name>
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        <name>The Charles Schwab Corporation</name>
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        <name>Intel Corporation</name>
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        <name>Veralto Corp.</name>
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        <name>Hyatt Hotels Corporation</name>
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        <name>United States Treasury Notes</name>
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        <name>Mattel, Inc.</name>
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        <name>Capital One Financial Corp.</name>
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        <name>Sumitomo Mitsui Financial Group Inc.</name>
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        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Crown Castle Inc.</name>
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        <name>Williams Companies Inc. (The)</name>
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        <title>WMB 4.8 11/15/29</title>
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          <maturityDt>2029-11-15</maturityDt>
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      <invstOrSec>
        <name>GS Mortgage Securities Trust 2016-GS3</name>
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        <name>Utah Acquisition Sub Inc</name>
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        <name>Eversource Energy</name>
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          <maturityDt>2028-03-01</maturityDt>
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        <name>Pacific Gas and Electric Company</name>
        <lei>1HNPXZSMMB7HMBMVBS46</lei>
        <title>PCG 3.75 07/01/28</title>
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        <name>Waste Management, Inc.</name>
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        <name>General Motors Financial Company Inc</name>
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        <title>GM 5.55 07/15/29</title>
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        <name>Dupont De Nemours Inc</name>
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        <name>Home Depot Inc.</name>
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        <title>HD 3.95 09/15/30</title>
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        <name>FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FHMS K508 A2</title>
        <cusip>3137HAQ74</cusip>
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        <name>Citigroup Inc.</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
        <title>C V4.542 09/19/30</title>
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        <name>GE Aerospace</name>
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        <title>GE 4.3 07/29/30</title>
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        <name>Fortune Brands Innovations Inc</name>
        <lei>54930032LHW54PQUJD44</lei>
        <title>FBINUS 3.25 09/15/29</title>
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        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA 7.25 05/15/30</title>
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      <invstOrSec>
        <name>Veralto Corp.</name>
        <lei>635400FJE6GSOJUSNY27</lei>
        <title>VLTO 5.5 09/18/26</title>
        <cusip>92338CAB9</cusip>
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        <curCd>USD</curCd>
        <valUSD>10073.94000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-09-18</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>Blue Owl Credit Income Corp.</name>
        <lei>5493003I42XBWPE05N35</lei>
        <title>OCINCC 4.7 02/08/27 *</title>
        <cusip>69120VAF8</cusip>
        <identifiers>
          <isin value="US69120VAF85"/>
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        <balance>5000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4921.01000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-02-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.70000000</annualizedRt>
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      <invstOrSec>
        <name>Camden Property Trust</name>
        <lei>5493002MYX22OHYJBD89</lei>
        <title>CPT 3.15 07/01/29</title>
        <cusip>133131AX0</cusip>
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          <isin value="US133131AX02"/>
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        <balance>3000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2920.31000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.15000000</annualizedRt>
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      <invstOrSec>
        <name>American Electric Power Co, Inc.</name>
        <lei>1B4S6S7G0TW5EE83BO58</lei>
        <title>AEP V7.05 12/15/54 *</title>
        <cusip>025537AZ4</cusip>
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          <isin value="US025537AZ40"/>
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        <balance>3000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3168.31000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.05000000</annualizedRt>
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      <invstOrSec>
        <name>Ventas Realty Limited Partnership</name>
        <lei>32SXKSJ72K64GM3HOU64</lei>
        <title>VTR 3.25 10/15/26</title>
        <cusip>92277GAJ6</cusip>
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          <isin value="US92277GAJ67"/>
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        <balance>5000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4976.65000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-10-15</maturityDt>
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          <annualizedRt>3.25000000</annualizedRt>
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      <invstOrSec>
        <name>American Honda Finance Corporation</name>
        <lei>B6Q2VFHD1797Q7NZ3E43</lei>
        <title>HNDA 4.7 01/12/28</title>
        <cusip>02665WED9</cusip>
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          <isin value="US02665WED92"/>
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        <balance>28000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>28434.58000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.70000000</annualizedRt>
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      <invstOrSec>
        <name>Verizon Communications Inc.</name>
        <lei>2S72QS2UO2OESLG6Y829</lei>
        <title>VZ 5.401 07/02/37</title>
        <cusip>92343VHC1</cusip>
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          <isin value="US92343VHC19"/>
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        <balance>57000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>58633.19000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.40100000</annualizedRt>
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      <invstOrSec>
        <name>Kraft Heinz Foods Company</name>
        <lei>5493003STKEZ2S0RNU91</lei>
        <title>KHC 3.875 05/15/27</title>
        <cusip>50077LBC9</cusip>
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          <isin value="US50077LBC90"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>19966.47000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87500000</annualizedRt>
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      <invstOrSec>
        <name>Boston Properties LP</name>
        <lei>BVHHEFJI6SHNOKQT2572</lei>
        <title>BXP 6.75 12/01/27</title>
        <cusip>10112RBG8</cusip>
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          <isin value="US10112RBG83"/>
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        <balance>5000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5219.03000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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      <invstOrSec>
        <name>Genuine Parts Co</name>
        <lei>549300D46DQVEU651W04</lei>
        <title>GPC 1.875 11/01/30</title>
        <cusip>372460AA3</cusip>
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          <isin value="US372460AA38"/>
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        <balance>8000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7068.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.87500000</annualizedRt>
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      <invstOrSec>
        <name>Indiana Michigan Power Company</name>
        <lei>JHR9V15J0ZRG02MIRD06</lei>
        <title>AEP 3.85 05/15/28</title>
        <cusip>454889AS5</cusip>
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          <isin value="US454889AS52"/>
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        <balance>4000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4001.70000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-05-15</maturityDt>
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          <annualizedRt>3.85000000</annualizedRt>
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      <invstOrSec>
        <name>Avangrid Inc</name>
        <lei>549300OX0Q38NLSKPB49</lei>
        <title>AGR 3.8 06/01/29</title>
        <cusip>05351WAB9</cusip>
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        <balance>10000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.80000000</annualizedRt>
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        <name>W. P. Carey Inc</name>
        <lei>54930042CRNE713E3Q67</lei>
        <title>WPC 4.65 07/15/30</title>
        <cusip>92936UAN9</cusip>
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        <balance>8000.00000000</balance>
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          <maturityDt>2030-07-15</maturityDt>
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      <invstOrSec>
        <name>Ally Financial Inc.</name>
        <lei>549300JBN1OSM8YNAI90</lei>
        <title>ALLY 2.2 11/02/28</title>
        <cusip>02005NBP4</cusip>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>2.20000000</annualizedRt>
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        <name>Anheuser-Busch InBev Worldwide Inc.</name>
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        <title>ABIBB 4.75 01/23/29</title>
        <cusip>035240AQ3</cusip>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <name>Norfolk Southern Corporation</name>
        <lei>54930036C8MWP850MI84</lei>
        <title>NSC 5.05 08/01/30</title>
        <cusip>655844CR7</cusip>
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        <balance>24000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-08-01</maturityDt>
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        <name>Canadian Imperial Bank of Commerce</name>
        <lei>2IGI19DL77OX0HC3ZE78</lei>
        <title>CM V5.245 01/13/31</title>
        <cusip>13607PVQ4</cusip>
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        <balance>13000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-01-13</maturityDt>
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      <invstOrSec>
        <name>Cheniere Corpus Christi Holdings, LLC</name>
        <lei>549300I7CIEWU1BBLQ53</lei>
        <title>CHCOCH 3.7 11/15/29</title>
        <cusip>16412XAJ4</cusip>
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        <balance>9000.00000000</balance>
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        <name>Fiserv Inc.</name>
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        <name>Honeywell International Inc.</name>
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        <name>Block Financial Llc</name>
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          <maturityDt>2030-08-15</maturityDt>
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        <name>American Tower Corporation</name>
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        <name>Energy Transfer LP</name>
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        <name>BP Capital Markets America, Inc.</name>
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        <name>Bank 2017 Bnk8</name>
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          <maturityDt>2050-11-17</maturityDt>
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        <name>Oneok Inc.</name>
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        <name>Banco Santander SA</name>
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        <name>NXP BV</name>
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        <name>Sysco Corporation</name>
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        <name>O'Reilly Automotive Inc.</name>
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        <title>ORLY 3.9 06/01/29</title>
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        <name>Host Hotels &amp; Resorts, L.P.</name>
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        <name>MasterCard Incorporated</name>
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        <name>Markel Group Inc</name>
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        <name>American Honda Finance Corporation</name>
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        <title>HNDA 5.125 07/07/28 GMTN</title>
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        <name>CHARTER COMMUNICATIONS OPERATING LLC</name>
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        <name>Blue Owl Capital Corp.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GXO Logistics Inc.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Amgen Inc.</name>
        <lei>62QBXGPJ34PQ72Z12S66</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-22</maturityDt>
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      <invstOrSec>
        <name>AbbVie Inc.</name>
        <lei>FR5LCKFTG8054YNNRU85</lei>
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        <cusip>00287YBX6</cusip>
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          <isin value="US00287YBX67"/>
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        <balance>5000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-11-21</maturityDt>
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        <name>Pepsico Inc</name>
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          <isin value="US713448EZ78"/>
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        <balance>43000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-05-01</maturityDt>
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        <name>McCormick &amp; Company, Incorporated</name>
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        <title>MKC 2.5 04/15/30</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-04-15</maturityDt>
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        <name>Pacific Gas and Electric Company</name>
        <lei>1HNPXZSMMB7HMBMVBS46</lei>
        <title>PCG 4.55 07/01/30</title>
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        <curCd>USD</curCd>
        <valUSD>53250.58000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-07-01</maturityDt>
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          <annualizedRt>4.55000000</annualizedRt>
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      <invstOrSec>
        <name>Pfizer Inc.</name>
        <lei>765LHXWGK1KXCLTFYQ30</lei>
        <title>PFE 4.2 11/15/30</title>
        <cusip>717081FD0</cusip>
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          <isin value="US717081FD01"/>
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        <balance>50000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.20000000</annualizedRt>
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      <invstOrSec>
        <name>Baidu Inc.</name>
        <lei>254900AL64IANZYI1E02</lei>
        <title>BIDU 1.72 04/09/26</title>
        <cusip>056752AS7</cusip>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-04-09</maturityDt>
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          <annualizedRt>1.72000000</annualizedRt>
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        <name>Stryker Corporation</name>
        <lei>5493002F0SC4JTBU5137</lei>
        <title>SYK 4.25 09/11/29</title>
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        <balance>27000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-09-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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        <name>F&amp;G Annuities &amp; Life Inc.</name>
        <lei>N/A</lei>
        <title>FG 6.5 06/04/29</title>
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        <name>General Mills, Inc.</name>
        <lei>2TGYMUGI08PO8X8L6150</lei>
        <title>GIS 5.5 10/17/28</title>
        <cusip>370334CW2</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Constellation Brands, Inc.</name>
        <lei>5493005GKEG8QCVY7037</lei>
        <title>STZ 3.5 05/09/27</title>
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        <name>NSTAR Electric Company</name>
        <lei>54930080R72Y2Z31UR68</lei>
        <title>ES 3.25 05/15/29</title>
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        <name>Capital One Financial Corp.</name>
        <lei>ZUE8T73ROZOF6FLBAR73</lei>
        <title>COF V4.493 09/11/31</title>
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        <name>Ares Capital Corp.</name>
        <lei>WEQ82666OJYSI5GUAB47</lei>
        <title>ARCC 5.95 07/15/29</title>
        <cusip>04010LBG7</cusip>
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        <name>Athene Holding Ltd</name>
        <lei>549300H316CT32FQXI76</lei>
        <title>ATH 3.5 01/15/31</title>
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          <maturityDt>2031-01-15</maturityDt>
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      <invstOrSec>
        <name>Amrize Finance US LLC</name>
        <lei>529900FB2F1WKLFNGY62</lei>
        <title>AMRZ 4.95 04/07/30</title>
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        <name>American Water Capital Corp</name>
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        <name>Eli Lilly &amp; Co.</name>
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        <name>Huntington Ingalls Industries, Inc.</name>
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          <maturityDt>2030-05-01</maturityDt>
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        <name>Humana Inc.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-04-01</maturityDt>
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        <name>O'Reilly Automotive Inc.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-04-01</maturityDt>
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          <annualizedRt>4.20000000</annualizedRt>
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        <name>Global Payments Inc</name>
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        <title>GPN 2.15 01/15/27</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.15000000</annualizedRt>
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        <name>Morgan Stanley</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>MS V4.356 10/22/31 I</title>
        <cusip>61748UAM4</cusip>
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        <balance>36000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-10-22</maturityDt>
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        <name>Blue Owl Capital Corp.</name>
        <lei>2549000BD79OOCPF2L94</lei>
        <title>OBDC 2.625 01/15/27</title>
        <cusip>69121KAF1</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.62500000</annualizedRt>
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        <name>Synopsys Inc</name>
        <lei>QG7T915N9S0NY5UKNE63</lei>
        <title>SNPS 4.85 04/01/30</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-04-01</maturityDt>
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        <name>Omnicom Group Inc</name>
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        <title>OMC 2.45 04/30/30</title>
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        <name>Energy Transfer LP</name>
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        <title>ET 4.4 03/15/27</title>
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        <name>Assurant Inc.</name>
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        <title>AIZ 3.7 02/22/30</title>
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        <name>General Mills, Inc.</name>
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        <name>Conagra Brands Inc</name>
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        <title>CAG 5 08/01/30</title>
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        <name>Boston Properties LP</name>
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        <name>Dollar General Corporation</name>
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        <title>DG 3.5 04/03/30</title>
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        <name>Comcast Corporation</name>
        <lei>51M0QTTNCGUN7KFCFZ59</lei>
        <title>CMCSA 1.95 01/15/31</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Hasbro Inc</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Amcor Finance (USA) Inc.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Intel Corporation</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>AbbVie Inc.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</annualizedRt>
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        <name>Georgia Power Company</name>
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        <balance>3000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2876.44000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-09-15</maturityDt>
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          <annualizedRt>2.65000000</annualizedRt>
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        <name>Cheniere Corpus Christi Holdings, LLC</name>
        <lei>549300I7CIEWU1BBLQ53</lei>
        <title>CHCOCH 5.125 06/30/27</title>
        <cusip>16412XAG0</cusip>
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        <balance>29000.00000000</balance>
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        <valUSD>29286.80000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
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      <invstOrSec>
        <name>QUALCOMM Inc.</name>
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        <title>QCOM 2.15 05/20/30</title>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>18634.43000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-05-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.15000000</annualizedRt>
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        <name>Western Midstream Operating LP</name>
        <lei>L6D8A6MLSY454J2JXJ60</lei>
        <title>WES 4.05 02/01/30</title>
        <cusip>958667AC1</cusip>
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          <isin value="US958667AC17"/>
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        <balance>43000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>42495.99000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.05000000</annualizedRt>
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        <name>PUBLIC STORAGE OPERATING COMPANY</name>
        <lei>549300LMZF40TKJ6DM64</lei>
        <title>PSA 1.5 11/09/26</title>
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        <balance>32000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>31514.27000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-11-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.50000000</annualizedRt>
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        <name>Federal Home Loan Mortgage Corp.</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FHMS K087 A2</title>
        <cusip>3137FKUP9</cusip>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>USGSE</issuerCat>
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          <annualizedRt>3.77100000</annualizedRt>
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        <name>Kilroy Realty L.P.</name>
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        <title>KRC 3.05 02/15/30</title>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Canadian Imperial Bank of Commerce</name>
        <lei>2IGI19DL77OX0HC3ZE78</lei>
        <title>CM V4.631 09/11/30</title>
        <cusip>13607PHS6</cusip>
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        <balance>6000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6107.28000000</valUSD>
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        <invCountry>CA</invCountry>
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        <name>Rio Tinto Finance (USA) plc</name>
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        <title>RIOLN 4.875 03/14/30</title>
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        <invCountry>GB</invCountry>

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        <name>Otis Worldwide Corp.</name>
        <lei>549300ZLBKR8VSU25153</lei>
        <title>OTIS 2.565 02/15/30</title>
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        <name>SUNOCO LOGISTICS PARTNERS OPERATIONS LP</name>
        <lei>5493006LL0CKP8WQW329</lei>
        <title>ET 4 10/01/27</title>
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        <balance>56000.00000000</balance>
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        <name>Conagra Brands Inc</name>
        <lei>54930035UDEIH090K650</lei>
        <title>CAG 5.3 10/01/26</title>
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        <name>Morgan Stanley</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>MS V3.591 07/22/28</title>
        <cusip>61744YAK4</cusip>
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        <balance>70000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GLP CAPITAL LP</name>
        <lei>2549005PXW31DRW8EC44</lei>
        <title>GLPI 4 01/15/31</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>AutoNation, Inc.</name>
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        <name>Cadence Design Systems, Inc.</name>
        <lei>GCT7RXJOGLXPV0NXZY22</lei>
        <title>CDNS 4.3 09/10/29</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Morgan Stanley Bank Of America Merrill Lynch Trust 2016-C32</name>
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        <name>CNA Financial Corporation</name>
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        <name>Air Products &amp; Chemicals, Inc.</name>
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        <name>Boston Properties LP</name>
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          <maturityDt>2030-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Evergy Kansas Central Inc.</name>
        <lei>J75GNWGEO73W89ZV3S44</lei>
        <title>EVRG 3.1 04/01/27</title>
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        <balance>2000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>3.10000000</annualizedRt>
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        <name>Athene Holding Ltd</name>
        <lei>549300H316CT32FQXI76</lei>
        <title>ATH 4.125 01/12/28</title>
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          <couponKind>Fixed</couponKind>
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        <name>F&amp;G Annuities &amp; Life Inc.</name>
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        <title>FG 7.4 01/13/28</title>
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        <name>Royal Bank of Canada</name>
        <lei>ES7IP3U3RHIGC71XBU11</lei>
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        <name>Agree LP</name>
        <lei>549300DXY3G299V1BO77</lei>
        <title>ADC 2.9 10/01/30</title>
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        <name>3M Company</name>
        <lei>LUZQVYP4VS22CLWDAR65</lei>
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        <name>Commercial Mortgage Trust</name>
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        <name>Magna International Inc</name>
        <lei>95RWVLFZX6VGDZNNTN43</lei>
        <title>MGCN 2.45 06/15/30</title>
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        <name>BP Capital Markets America, Inc.</name>
        <lei>5493009NTB34VXE1T760</lei>
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        <name>Adobe Inc</name>
        <lei>FU4LY2G4933NH2E1CP29</lei>
        <title>ADBE 2.3 02/01/30</title>
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        <name>DTE Electric Co.</name>
        <lei>9N0FWODEJVKHC2DYLO03</lei>
        <title>DTE 4.85 12/01/26</title>
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        <name>Revvity Inc</name>
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        <name>Solventum Corp.</name>
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        <name>Bank of America Corp.</name>
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        <name>CGI Inc</name>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Transcontinental Gas Pipe Line Company, LLC</name>
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        <name>M&amp;T Bank Corporation</name>
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          <maturityDt>2031-07-08</maturityDt>
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        <name>Centerpoint Energy Houston Electric LLC</name>
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        <title>CNP 5.2 10/01/28</title>
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        <name>American Honda Finance Corporation</name>
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        <title>HNDA 3.5 02/15/28 GMTN</title>
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        <name>Realty Income Corporation</name>
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        <name>Kenvue Inc.</name>
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        <name>AutoNation, Inc.</name>
        <lei>N/A</lei>
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        <name>Honda Motor Co Ltd.</name>
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        <name>Truist Financial Corp.</name>
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        <name>OMNICOM GROUP INC</name>
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        <name>Commonwealth Edison Company</name>
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        <name>Federal Home Loan Banks</name>
        <lei>2549001DPIFGXC1TOL40</lei>
        <title>FHLB 4.75 02/04/30</title>
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        <name>Tampa Electric Company</name>
        <lei>WS423EPRKJIIJUITXD73</lei>
        <title>TE 4.9 03/01/29</title>
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        <name>Synchrony Financial</name>
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        <name>CMS Energy Corporation</name>
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        <name>Ryder System, Inc.</name>
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        <name>Philip Morris International Inc.</name>
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          <maturityDt>2030-04-30</maturityDt>
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        <name>GXO Logistics Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Boston Properties LP</name>
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        <name>Roper Technologies Inc</name>
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        <balance>3000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-09-15</maturityDt>
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        <name>Marriott International, Inc.</name>
        <lei>225YDZ14ZO8E1TXUSU86</lei>
        <title>MAR 4.9 04/15/29</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-04-15</maturityDt>
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        <name>Take-Two Interactive Software Inc.</name>
        <lei>BOMSTHHJK882EWYX3334</lei>
        <title>TTWO 5.4 06/12/29</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Sands China Ltd.</name>
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        <title>SANLTD 2.3 03/08/27</title>
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        <invCountry>KY</invCountry>

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        <fairValLevel>2</fairValLevel>
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        <name>PacifiCorp.</name>
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        <title>BRKHEC 2.7 09/15/30</title>
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        <name>Oaktree Specialty Lending Corp.</name>
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        <name>EOG Resources Inc.</name>
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        <name>American Tower Corporation</name>
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        <name>Citigroup Inc.</name>
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        <name>CSX Corporation</name>
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        <name>Oneok Inc.</name>
        <lei>2T3D6M0JSY48PSZI1Q41</lei>
        <title>OKE 5.8 11/01/30</title>
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        <name>United States Treasury Notes</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>T 4.25 12/31/26</title>
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        <name>Evergy Metro Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>BENCHMARK 2024-V6 MORTGAGE TRUST</name>
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        <name>Carrier Global Corporation</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-02-15</maturityDt>
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        <name>Marvell Technology Inc</name>
        <lei>254900WVU0BM7ZCJ9E93</lei>
        <title>MRVL 5.75 02/15/29</title>
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        <balance>8000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-15</maturityDt>
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        <name>TARGA RESOURCES PARTNERS LP</name>
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        <title>TRGP 5 01/15/28</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-01-15</maturityDt>
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        <name>Roper Technologies Inc</name>
        <lei>54930003T4SXCIWVXY35</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-12-15</maturityDt>
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        <name>Enterprise Products Operating LLC</name>
        <lei>5493004LGN656HWLDA30</lei>
        <title>EPD 4.6 01/15/31</title>
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        <balance>25000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-01-15</maturityDt>
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      <invstOrSec>
        <name>American Tower Corporation</name>
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        <title>AMT 3.95 03/15/29</title>
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        <balance>2000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.95000000</annualizedRt>
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        <name>Global Payments Inc</name>
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        <title>GPN 2.9 05/15/30</title>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.90000000</annualizedRt>
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        <name>Bank of Nova Scotia</name>
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        <title>BNS 2.7 08/03/26</title>
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        <balance>10000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-08-03</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Air Lease Corporation</name>
        <lei>5493004NW4M4P8TMMK63</lei>
        <title>AL 3 02/01/30 MTN</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-02-01</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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        <name>3M Company</name>
        <lei>LUZQVYP4VS22CLWDAR65</lei>
        <title>MMM 3.375 03/01/29 MTN</title>
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        <balance>5000.00000000</balance>
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        <name>Autozone, Inc.</name>
        <lei>GA3JGKJ41LJKXDN23E90</lei>
        <title>AZO 3.75 06/01/27</title>
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        <name>The Cigna Group</name>
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        <title>CI 4.5 09/15/30</title>
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        <name>Canadian Pacific Railway Company</name>
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        <title>CP 4 06/01/28</title>
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        <name>Lowes Companies, Inc.</name>
        <lei>WAFCR4OKGSC504WU3E95</lei>
        <title>LOW 4.8 04/01/26</title>
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        <name>Mexico (United Mexican States)</name>
        <lei>254900EGTWEU67VP6075</lei>
        <title>MEX 4.5 04/22/29</title>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>MX</invCountry>
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        <name>HCA Inc.</name>
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        <name>United States Treasury Notes</name>
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        <name>Enbridge Inc.</name>
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        <name>Lam Research Corporation</name>
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        <name>Southwest Airlines Co.</name>
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        <title>LUV 2.625 02/10/30</title>
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        <name>Netflix, Inc.</name>
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        <name>U.S. Bancorp.</name>
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        <name>Lowes Companies, Inc.</name>
        <lei>WAFCR4OKGSC504WU3E95</lei>
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        <name>Southwest Airlines Co.</name>
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        <title>LUV 5.125 06/15/27</title>
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        <name>Philip Morris International Inc.</name>
        <lei>HL3H1H2BGXWVG3BSWR90</lei>
        <title>PM 4.875 02/13/29</title>
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        <name>Autodesk Inc</name>
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        <name>F N B Corp (Pennsylvania)</name>
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        <name>Bank of Nova Scotia</name>
        <lei>L3I9ZG2KFGXZ61BMYR72</lei>
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        <name>Oneok Inc.</name>
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        <title>OKE 5.55 11/01/26</title>
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        <name>Atmos Energy Corp.</name>
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        <name>Quest Diagnostics Incorporated</name>
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        <title>DGX 2.95 06/30/30</title>
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        <name>Oracle Corp.</name>
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        <title>ORCL 2.95 04/01/30</title>
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        <name>Willis North America Inc.</name>
        <lei>5493004KVU1HWZCP0C66</lei>
        <title>WTW 2.95 09/15/29</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FS KKR Capital Corp</name>
        <lei>549300TYRSI1T21B1360</lei>
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        <curCd>USD</curCd>
        <valUSD>3952.73000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.87500000</annualizedRt>
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      <invstOrSec>
        <name>Regions Financial Corporation</name>
        <lei>CW05CS5KW59QTC0DG824</lei>
        <title>RF V5.722 06/06/30</title>
        <cusip>7591EPAU4</cusip>
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          <isin value="US7591EPAU41"/>
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        <balance>9000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9428.66000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-06</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>GENPACT UK FINCO PLC</name>
        <lei>213800YBG5J436VDT809</lei>
        <title>G 4.95 11/18/30</title>
        <cusip>37256EAA0</cusip>
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          <isin value="US37256EAA01"/>
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        <balance>8000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7912.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.95000000</annualizedRt>
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      <invstOrSec>
        <name>Broadcom Inc</name>
        <lei>549300WV6GIDOZJTV909</lei>
        <title>AVGO 4.3 01/15/31</title>
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        <curCd>USD</curCd>
        <valUSD>42375.44000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.30000000</annualizedRt>
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      <invstOrSec>
        <name>The Charles Schwab Corporation</name>
        <lei>549300VSGCJ7E698NM85</lei>
        <title>SCHW 4 02/01/29</title>
        <cusip>808513AZ8</cusip>
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          <isin value="US808513AZ88"/>
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        <balance>5000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Essent Group Ltd.</name>
        <lei>254900QUO860OUT6ZF83</lei>
        <title>ESNT 6.25 07/01/29</title>
        <cusip>29669JAA7</cusip>
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        <balance>4000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4198.66000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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        <name>Blackstone Secured Lending Fund</name>
        <lei>549300KM7KWQHVBNH962</lei>
        <title>BXSL 5.125 01/31/31</title>
        <cusip>09261XAL6</cusip>
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        <balance>10000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9697.03000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
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      <invstOrSec>
        <name>Ubs Commercial Mortgage Trust 2017 C1</name>
        <lei>N/A</lei>
        <title>UBSCM 2017-C1 A4</title>
        <cusip>90276EAE7</cusip>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>198329.82000000</valUSD>
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        <assetCat>ABS-O</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-06-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.46000000</annualizedRt>
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      <invstOrSec>
        <name>Duke Energy Corp</name>
        <lei>I1BZKREC126H0VB1BL91</lei>
        <title>DUK 4.85 01/05/27</title>
        <cusip>26441CCB9</cusip>
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          <isin value="US26441CCB90"/>
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        <balance>43000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>43346.68000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-01-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.85000000</annualizedRt>
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      <invstOrSec>
        <name>Citigroup Inc.</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
        <title>C V4.658 05/24/28</title>
        <cusip>172967NS6</cusip>
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        <balance>44000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>44331.25000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.65800000</annualizedRt>
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        <name>MPLX LP</name>
        <lei>5493000CZJ19CK4P3G36</lei>
        <title>MPLX 2.65 08/15/30</title>
        <cusip>55336VBQ2</cusip>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.65000000</annualizedRt>
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        <name>Duke Energy Carolinas LLC</name>
        <lei>MWIUSDMN17TCR56VW396</lei>
        <title>DUK 3.95 11/15/28</title>
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        <name>Southern California Edison Company</name>
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        <title>EIX 4.2 03/01/29 A</title>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.20000000</annualizedRt>
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        <name>Universal Health Services, Inc.</name>
        <lei>549300YGMGQDO0NMJD09</lei>
        <title>UHS 2.65 10/15/30</title>
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          <couponKind>Fixed</couponKind>
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        <name>VMware LLC</name>
        <lei>549300BUDHS3LRWBE814</lei>
        <title>VMW 1.4 08/15/26</title>
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        <name>Fiserv Inc.</name>
        <lei>GI7UBEJLXYLGR2C7GV83</lei>
        <title>FISV 4.75 03/15/30</title>
        <cusip>337738BM9</cusip>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>National Rural Utilities Cooperative Finance Corp.</name>
        <lei>4NYF266XZC35SCTGX023</lei>
        <title>NRUC 5.6 11/13/26 MTN</title>
        <cusip>63743HFK3</cusip>
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        <balance>5000.00000000</balance>
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        <valUSD>5054.62000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>M&amp;T Bank Corporation</name>
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        <name>The Allstate Corporation</name>
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        <name>Air Lease Corporation</name>
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        <name>Truist Financial Corp.</name>
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        <name>L3 Harris Technologies Inc</name>
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        <name>Howmet Aerospace Inc</name>
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        <name>The Estee Lauder Companies Inc.</name>
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        <title>EL 2.6 04/15/30</title>
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        <name>Santander Holdings USA Inc.</name>
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        <name>LKQ Corporation</name>
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        <name>VMware LLC</name>
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        <name>Sonoco Products Company</name>
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        <name>United States Treasury Notes</name>
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        <name>Simon Property Group LP</name>
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        <name>WELLTOWER OP LLC</name>
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        <name>Pfizer Inc.</name>
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        <name>Universal Health Services, Inc.</name>
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        <name>AES Corp.</name>
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        <name>Truist Financial Corp.</name>
        <lei>549300DRQQI75D2JP341</lei>
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        <name>Marriott International, Inc.</name>
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        <name>Edison International</name>
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        <name>Poland (Republic of)</name>
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        <name>Humana Inc.</name>
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        <name>Nike, Inc.</name>
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        <name>Phillips 66 Co.</name>
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        <name>Constellation Brands, Inc.</name>
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        <name>NiSource Inc.</name>
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        <name>Santander Holdings USA Inc.</name>
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        <name>Ohio Power Company</name>
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        <name>L3 Harris Technologies Inc</name>
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        <name>Mylan Inc</name>
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        <name>DCP Midstream Operating LP</name>
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        <name>Amdocs Limited</name>
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        <name>CDW LLC / CDW Finance Corp</name>
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        <name>Federal Home Loan Banks</name>
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        <name>HP Inc</name>
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        <name>Exelon Corp.</name>
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        <name>Nucor Corporation</name>
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        <name>The Charles Schwab Corporation</name>
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        <name>Alexandria Real Estate Equities, Inc.</name>
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        <name>FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD</name>
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        <name>Best Buy Co Inc.</name>
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        <name>The Bank of New York Mellon Corp.</name>
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        <name>Leidos Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Aflac Incorporated</name>
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        <fairValLevel>2</fairValLevel>
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        <name>HSBC Holdings PLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Truist Financial Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Aon Corp.</name>
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        <name>NiSource Inc.</name>
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        <title>NI 2.95 09/01/29</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-09-01</maturityDt>
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        <name>Helmerich &amp; Payne Inc</name>
        <lei>254900NAOGHJ88RZ4C73</lei>
        <title>HP 4.85 12/01/29</title>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-12-01</maturityDt>
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          <annualizedRt>4.85000000</annualizedRt>
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      <invstOrSec>
        <name>First Investors Auto Owner Trust 2022-1</name>
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        <cusip>32059WAC6</cusip>
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          <isin value="US32059WAC64"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
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          <maturityDt>2028-12-15</maturityDt>
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        <name>CVS Health Corp</name>
        <lei>549300EJG376EN5NQE29</lei>
        <title>CVS 1.75 08/21/30</title>
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        <fairValLevel>2</fairValLevel>
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        <name>JBS USA HOLDING LUX SARL</name>
        <lei>RB8RC03FUD8DSX57C193</lei>
        <title>JBS 3 02/02/29</title>
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        <invCountry>LU</invCountry>

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        <fairValLevel>2</fairValLevel>
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        <name>Goldman Sachs Group, Inc.</name>
        <lei>784F5XWPLTWKTBV3E584</lei>
        <title>GS V1.992 01/27/32</title>
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        <name>Ford Motor Credit Company LLC</name>
        <lei>UDSQCVRUX5BONN0VY111</lei>
        <title>F 5.73 09/05/30</title>
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        <name>Concentrix Corp.</name>
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        <title>CNXC 6.6 08/02/28</title>
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        <name>United States Treasury Notes</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>T 3.5 10/15/28</title>
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        <name>Duke Energy Florida Project Finance, LLC</name>
        <lei>N/A</lei>
        <title>DUK 2.538 09/01/29 2026</title>
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        <name>WELLTOWER OP LLC</name>
        <lei>T6IZ0MBEG5ACZDTR7D06</lei>
        <title>WELL 3.1 01/15/30</title>
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        <name>GlaxoSmithKline Capital PLC</name>
        <lei>549300U0LV41VX7LEP38</lei>
        <title>GSK 3.375 06/01/29</title>
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        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Equinix, Inc.</name>
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        <name>Philip Morris International Inc.</name>
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        <name>Franklin Resources Inc.</name>
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        <name>Truist Financial Corp.</name>
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        <name>Southern Co.</name>
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        <name>Blackstone Private Credit Fund</name>
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        <name>Stanley Black &amp; Decker, Inc.</name>
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        <title>SWK 4.25 11/15/28</title>
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        <name>DELL INTERNATIONAL LLC</name>
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        <name>Concentrix Corp.</name>
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        <name>Humana Inc.</name>
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        <name>JPMorgan Chase &amp; Co.</name>
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        <name>O'Reilly Automotive Inc.</name>
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        <title>ORLY 5.75 11/20/26</title>
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        <name>HPS Corporate Lending Fund</name>
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        <name>DELL INTERNATIONAL LLC</name>
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        <name>WELLTOWER OP LLC</name>
        <lei>T6IZ0MBEG5ACZDTR7D06</lei>
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        <name>Aon Corp.</name>
        <lei>LTS3U8DGK38SETRUWX71</lei>
        <title>AON 3.75 05/02/29</title>
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        <name>BHP Billiton Finance (USA) Ltd.</name>
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        <name>Golub Capital BDC Inc.</name>
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        <name>Bio-Rad Laboratories, Inc.</name>
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        <name>CDW LLC</name>
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        <name>DTE Electric Co.</name>
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        <name>CGI Inc</name>
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        <name>BP Capital Markets America, Inc.</name>
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        <name>Barings BDC Inc.</name>
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          <couponKind>Fixed</couponKind>
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        <name>The Hartford Insurance Group Inc.</name>
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        <name>Mastec, Inc.</name>
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        <name>Marriott International, Inc.</name>
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        <name>FIFTH THIRD FINANCIAL CORP</name>
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        <title>FITB 4 02/01/29</title>
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        <name>LPL Holdings Inc.</name>
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        <name>Jabil Inc</name>
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        <name>Exelon Corp.</name>
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        <title>EXC 5.15 03/15/29</title>
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        <name>Essential Utilities Inc</name>
        <lei>549300ILTEOF3E3QY357</lei>
        <title>Essential Utilities Inc</title>
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        <name>UDR Inc</name>
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        <name>Canadian Natural Resources Limited</name>
        <lei>549300T15RIMIKZC5Q38</lei>
        <title>CNQCN 2.95 07/15/30</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Hercules Capital Inc</name>
        <lei>549300UJ5OC256GR2B73</lei>
        <title>HTGC 3.375 01/20/27</title>
        <cusip>427096AJ1</cusip>
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          <isin value="US427096AJ17"/>
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        <balance>5000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4934.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-01-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.37500000</annualizedRt>
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      <invstOrSec>
        <name>American Tower Corporation</name>
        <lei>5493006ORUSIL88JOE18</lei>
        <title>AMT 5.8 11/15/28</title>
        <cusip>03027XCE8</cusip>
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          <isin value="US03027XCE85"/>
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        <balance>2000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2089.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.80000000</annualizedRt>
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      <invstOrSec>
        <name>Dow Chemical Co. (The)</name>
        <lei>ZQUIP1CSZO8LXRBSOU78</lei>
        <title>DOW 7.375 11/01/29</title>
        <cusip>260543BJ1</cusip>
        <identifiers>
          <isin value="US260543BJ10"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>38504.32000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.37500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Toyota Motor Corp.</name>
        <lei>5493006W3QUS5LMH6R84</lei>
        <title>TOYOTA 2.76 07/02/29</title>
        <cusip>892331AG4</cusip>
        <identifiers>
          <isin value="US892331AG44"/>
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        <balance>54000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>52203.19000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.76000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Southern California Edison Company</name>
        <lei>9R1Z5I36FERIBVKW4P77</lei>
        <title>EIX 3.65 03/01/28 B</title>
        <cusip>842400GJ6</cusip>
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          <isin value="US842400GJ61"/>
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        <balance>5000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4966.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.65000000</annualizedRt>
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      <invstOrSec>
        <name>ONE Gas, Inc.</name>
        <lei>549300HXDWI0LATTX840</lei>
        <title>OGS 5.1 04/01/29</title>
        <cusip>68235PAN8</cusip>
        <identifiers>
          <isin value="US68235PAN87"/>
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        <balance>21000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>21718.72000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.10000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Qorvo Inc</name>
        <lei>254900YAUJV2EUEVBR11</lei>
        <title>QRVO 4.375 10/15/29</title>
        <cusip>74736KAH4</cusip>
        <identifiers>
          <isin value="US74736KAH41"/>
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        <balance>4000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3941.92000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CSX Corporation</name>
        <lei>549300JVQR4N1MMP3Q88</lei>
        <title>CSX 2.4 02/15/30</title>
        <cusip>126408HQ9</cusip>
        <identifiers>
          <isin value="US126408HQ95"/>
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        <balance>5000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4721.79000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.40000000</annualizedRt>
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      <invstOrSec>
        <name>U.S. Bancorp.</name>
        <lei>N1GZ7BBF3NP8GI976H15</lei>
        <title>USB V5.775 06/12/29</title>
        <cusip>91159HJM3</cusip>
        <identifiers>
          <isin value="US91159HJM34"/>
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        <balance>21000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>21824.82000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.77500000</annualizedRt>
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      <invstOrSec>
        <name>Benchmark 2020-B16 Mortgage Trust</name>
        <lei>N/A</lei>
        <title>BMARK 2019-B9 A4</title>
        <cusip>08160JAD9</cusip>
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          <isin value="US08160JAD90"/>
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        <balance>169061.38000000</balance>
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        <curCd>USD</curCd>
        <valUSD>167610.08000000</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>2052-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.75080000</annualizedRt>
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      <invstOrSec>
        <name>Wells Fargo &amp; Co.</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
        <title>WFC V2.879 10/30/30 MTN</title>
        <cusip>95000U2G7</cusip>
        <identifiers>
          <isin value="US95000U2G70"/>
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        <balance>9000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8614.63000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-10-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.87900000</annualizedRt>
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      <invstOrSec>
        <name>Sumitomo Mitsui Financial Group Inc.</name>
        <lei>35380028MYWPB6AUO129</lei>
        <title>SUMIBK 3.544 01/17/28</title>
        <cusip>86562MAY6</cusip>
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          <isin value="US86562MAY66"/>
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        <balance>74000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>73609.05000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.54400000</annualizedRt>
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      <invstOrSec>
        <name>Rogers Communications Inc.</name>
        <lei>5493000M6Z4XFIP6PF03</lei>
        <title>RCICN 5 02/15/29</title>
        <cusip>775109DE8</cusip>
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          <isin value="US775109DE81"/>
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        <balance>38000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>38878.98000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>EPR Properties</name>
        <lei>549300YSSXFHMPOWZ492</lei>
        <title>EPR 4.75 11/15/30</title>
        <cusip>26884UAH2</cusip>
        <identifiers>
          <isin value="US26884UAH23"/>
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        <balance>9000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9023.06000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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        <name>Duke Energy Progress LLC</name>
        <lei>0NIFZ782LS46WOC9QK20</lei>
        <title>DUK 3.45 03/15/29</title>
        <cusip>26442UAH7</cusip>
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          <isin value="US26442UAH77"/>
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        <balance>5000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4944.39000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2029-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.45000000</annualizedRt>
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        <name>JOHNSON CONTROLS INTERNATIONAL PLC</name>
        <lei>549300XQ6S1GYKGBL205</lei>
        <title>JCI 5.5 04/19/29</title>
        <cusip>477921AA8</cusip>
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        <balance>18000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>18829.69000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-04-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Southwest Gas Corp</name>
        <lei>OQQR1IQTGBKH0UR88X59</lei>
        <title>SWX 3.7 04/01/28</title>
        <cusip>845011AA3</cusip>
        <identifiers>
          <isin value="US845011AA37"/>
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        <balance>19000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>18944.55000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.70000000</annualizedRt>
          <isDefault>N</isDefault>
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        <name>T-Mobile USA, Inc.</name>
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        <curCd>USD</curCd>
        <valUSD>12094.82000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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        <name>B.A.T. Capital Corporation</name>
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        <valUSD>15412.81000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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        <name>Koninklijke KPN N.V.</name>
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        <valUSD>9391.26000000</valUSD>
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          <couponKind>Fixed</couponKind>
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        <name>PLAINS ALL AMERICAN PIPELINE LP</name>
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        <valUSD>5882.86000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.55000000</annualizedRt>
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        <securityLending>
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        <name>The Campbells Co.</name>
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        <title>CPB 2.375 04/24/30</title>
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        <balance>13000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>12042.80000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.37500000</annualizedRt>
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      <invstOrSec>
        <name>FirstEnergy Corp.</name>
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        <valUSD>64143.33000000</valUSD>
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        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Keurig Dr Pepper Inc</name>
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        <title>KDP 3.2 05/01/30</title>
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        <valUSD>6705.33000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Prologis, L.P.</name>
        <lei>GL16H1DHB0QSHP25F723</lei>
        <title>PLD 2.25 04/15/30</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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          <maturityDt>2030-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>Applied Materials Inc.</name>
        <lei>41BNNE1AFPNAZELZ6K07</lei>
        <title>AMAT 4 01/15/31</title>
        <cusip>038222AT2</cusip>
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          <isin value="US038222AT25"/>
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        <balance>15000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>15016.11000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Oklahoma Gas and Electric Company</name>
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        <title>OGE 3.25 04/01/30</title>
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        <balance>9000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8750.48000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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    <signature>
      <ncom:dateSigned>2026-04-28</ncom:dateSigned>
      <ncom:nameOfApplicant>WisdomTree Trust</ncom:nameOfApplicant>
      <ncom:signature>Clint Martin</ncom:signature>
      <ncom:signerName>Clint Martin</ncom:signerName>
      <ncom:title>Assistant Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
