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      <invstOrSec>
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        <name>LENDING CLUB RECEIVABLES TRUST LCRT_19-3</name>
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        <name>MORGAN STANLEY RESECURITIZATION PASS THROUGH TRUST MSRP_18-SC1</name>
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        <name>MORGAN STANLEY CAPITAL I TRUST MSC_19-MEAD</name>
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        <name>NRZ EXCESS SPREAD AND COLLATERALIZED NOTES NZES_18-FNT2-E</name>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>OAK HILL CREDIT PARTNERS OAKC_19-4A</name>
        <lei>N/A</lei>
        <title>OAKC_19-4A</title>
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          <isin value="US67098DAE31"/>
          <other otherDesc="Internal Id" value="67098DAE3"/>
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        <balance>9000000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8999631.000000000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-10-22</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.585500000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>OZLM FUNDING LTD OZLMF_12-1A</name>
        <lei>N/A</lei>
        <title>OZLMF_12-1A</title>
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          <isin value="US67107SAL34"/>
          <other otherDesc="Internal Id" value="67107SAL3"/>
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        <balance>4300000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3986349.400000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>8.623300000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>OZLM FUNDING LTD OZLMF_13-4A</name>
        <lei>N/A</lei>
        <title>OZLMF_13-4A</title>
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          <isin value="US67108HAN26"/>
          <other otherDesc="Internal Id" value="67108HAN2"/>
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        <balance>2750000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2543758.250000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
          <annualizedRt>9.203300000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>OZLM LTD OZLM_15-11A</name>
        <lei>N/A</lei>
        <title>OZLM_15-11A</title>
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        <identifiers>
          <isin value="US67109UAU60"/>
          <other otherDesc="Internal Id" value="67109UAU6"/>
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        <balance>7000000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6820002.000000000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-30</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.685500000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>OAKTOWN RE LTD OMIR_19-1A</name>
        <lei>N/A</lei>
        <title>OMIR_19-1A</title>
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        <identifiers>
          <isin value="US67400KAB61"/>
          <other otherDesc="Internal Id" value="67400KAB6"/>
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        <balance>5500000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5502015.200000000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.772800000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>PMT CREDIT RISK TRANSFER TRUST PMTCR_19-2R</name>
        <lei>N/A</lei>
        <title>PMTCR_19-2R</title>
        <cusip>69345WAA6</cusip>
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          <isin value="US69345WAA62"/>
          <other otherDesc="Internal Id" value="69345WAA6"/>
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        <balance>6820344.300000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6871687.170000000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-05-27</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.554900000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PNMAC GMSR ISSUER TRUST PNMSR_18-GT1</name>
        <lei>N/A</lei>
        <title>PNMSR_18-GT1</title>
        <cusip>69354WAC0</cusip>
        <identifiers>
          <isin value="US69354WAC01"/>
          <other otherDesc="Internal Id" value="69354WAC0"/>
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        <balance>18000000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>18109062.000000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-02-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.558000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PNMAC GMSR ISSUER TRUST PNMSR_18-GT2</name>
        <lei>N/A</lei>
        <title>PNMSR_18-GT2</title>
        <cusip>69354WAD8</cusip>
        <identifiers>
          <isin value="US69354WAD83"/>
          <other otherDesc="Internal Id" value="69354WAD8"/>
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        <balance>15000000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>15051108.000000000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-08-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.472700000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PRESTON RIDGE PARTNERS MORTGAGE PRPM_18-3A</name>
        <lei>N/A</lei>
        <title>PRPM_18-3A</title>
        <cusip>69358HAA3</cusip>
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          <isin value="US69358HAA32"/>
          <other otherDesc="Internal Id" value="69358HAA3"/>
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        <balance>9874027.260000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9985034.040000000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>4.483000000000</annualizedRt>
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      <invstOrSec>
        <name>PRESTON RIDGE PARTNERS MORTGAGE PRPM_17-3A</name>
        <lei>N/A</lei>
        <title>PRPM_17-3A</title>
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          <isin value="US69358JAA97"/>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PRPM_19-1A</name>
        <lei>N/A</lei>
        <title>PRPM_19-1A</title>
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          <isin value="US69359AAA79"/>
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        <balance>7570361.960000000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>PRESTON RIDGE PARTNERS MORTGAGE PRPM_18-2A</name>
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          <isin value="US69359JAA88"/>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>PRESTON RIDGE PARTNERS MORTGAGE PRPM_18-2A</name>
        <lei>N/A</lei>
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          <isin value="US69359JAB61"/>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>OMSR_2019-PLS1</name>
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        <title>OMSR_2019-PLS1</title>
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          <isin value="US69375JAA88"/>
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        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>PAGAYA AI DEBT SELECTION TRUST I PAID_19-3</name>
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        <curCd>USD</curCd>
        <valUSD>9690631.030000000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <securityLending>
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      <invstOrSec>
        <name>PALMER SQUARE LOAN FUNDING LTD PSTAT_19-2A</name>
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        <curCd>USD</curCd>
        <valUSD>6999853.000000000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PMT CREDIT RISK TRANSFER TRUST PMTCR_19-1R</name>
        <lei>N/A</lei>
        <title>PMTCR_19-1R</title>
        <cusip>73021CAA3</cusip>
        <identifiers>
          <isin value="US73021CAA36"/>
          <other otherDesc="Internal Id" value="73021CAA3"/>
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        <balance>12965851.430000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>12955862.540000000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-03-27</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.804900000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PROGRESS RESIDENTIAL TRUST PROG_19-SFR4</name>
        <lei>N/A</lei>
        <title>PROG_19-SFR4</title>
        <cusip>74331AAJ1</cusip>
        <identifiers>
          <isin value="US74331AAJ16"/>
          <other otherDesc="Internal Id" value="74331AAJ1"/>
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        <balance>11000000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10964014.600000000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-10-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.435000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PROGRESS RESIDENTIAL TRUST PROG_18-SFR3</name>
        <lei>N/A</lei>
        <title>PROG_18-SF3</title>
        <cusip>74331MAB2</cusip>
        <identifiers>
          <isin value="US74331MAB28"/>
          <other otherDesc="Internal Id" value="74331MAB2"/>
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        <balance>21000000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>21350177.100000000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-10-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.079000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PROGRESS RESIDENTIAL TRUST PROG_19-SFR1</name>
        <lei>N/A</lei>
        <title>PROG_19-SFR1</title>
        <cusip>74333BAJ7</cusip>
        <identifiers>
          <isin value="US74333BAJ70"/>
          <other otherDesc="Internal Id" value="74333BAJ7"/>
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        <balance>5470000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5599871.480000000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-08-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.466000000000</annualizedRt>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PROGRESS RESIDENTIAL TRUST PROG_</name>
        <lei>N/A</lei>
        <title>PROG_17-SFR1</title>
        <cusip>74333JAN1</cusip>
        <identifiers>
          <isin value="US74333JAN19"/>
          <other otherDesc="Internal Id" value="74333JAN1"/>
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        <balance>4000000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4067545.600000000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-08-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.261000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PROGRESS RESIDENTIAL TRUST PROG_19-SFR2</name>
        <lei>N/A</lei>
        <title>PROG_19-SFR2</title>
        <cusip>74333NAJ1</cusip>
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          <isin value="US74333NAJ19"/>
          <other otherDesc="Internal Id" value="74333NAJ1"/>
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        <balance>13650000.000000000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-05-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.142000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PROSPER MARKETPLACE ISSUANCE TRU</name>
        <lei>N/A</lei>
        <title>PMIT_17-1A</title>
        <cusip>74360JAC1</cusip>
        <identifiers>
          <isin value="US74360JAC18"/>
          <other otherDesc="Internal Id" value="74360JAC1"/>
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        <balance>5086637.380000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5159398.680000000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.800000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PMIT_17-2A</name>
        <lei>N/A</lei>
        <title>PMIT_17-2A</title>
        <cusip>74360TAC9</cusip>
        <identifiers>
          <isin value="US74360TAC99"/>
          <other otherDesc="Internal Id" value="74360TAC9"/>
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        <balance>9344872.850000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>9440979.260000000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.370000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PROSPER MARKETPLACE ISSUANCE TRUST SERIES PMIT_18-1A</name>
        <lei>N/A</lei>
        <title>PMIT_18-1A</title>
        <cusip>74361HAB6</cusip>
        <identifiers>
          <isin value="US74361HAB69"/>
          <other otherDesc="Internal Id" value="74361HAB6"/>
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        <balance>4152755.620000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4163117.160000000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-06-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.900000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PROSPER MARKETPLACE ISSUANCE TRUST SERIES PMIT_19-3A</name>
        <lei>N/A</lei>
        <title>PMIT_19-3A</title>
        <cusip>74362DAA6</cusip>
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          <isin value="US74362DAA63"/>
          <other otherDesc="Internal Id" value="74362DAA6"/>
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        <balance>3665627.490000000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>PROSPER MARKETPLACE ISSUANCE TRUST SERIES PMIT_19-3A</name>
        <lei>N/A</lei>
        <title>PMIT_19-3A</title>
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          <isin value="US74362DAB47"/>
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        <balance>4000000.000000000000</balance>
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        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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        <name>PROSPER MARKETPLACE ISSUANCE TRUST SERIES PMIT_19-3A</name>
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      <invstOrSec>
        <name>RBSSP RESECURITIZATION TRUST RBSSP_12-1</name>
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        <name>RCO MORTGAGE LLC RCO_18-2</name>
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        <name>RCO MORTGAGE LLC RCO_18-VFS1</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>RETL_19-RVP</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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      </invstOrSec>
      <invstOrSec>
        <name>REDDING RIDGE ASSET MANAGEMENT RRAM_18-4A</name>
        <lei>N/A</lei>
        <title>RRAM_18-4A</title>
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        <curCd>USD</curCd>
        <valUSD>26256200.000000000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>3.500900000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>REDDING RIDGE ASSET MANAGEMENT RRAM_18-4A</name>
        <lei>N/A</lei>
        <title>RRAM_18-4A</title>
        <cusip>74979KAA5</cusip>
        <identifiers>
          <isin value="US74979KAA51"/>
          <other otherDesc="Internal Id" value="74979KAA5"/>
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        <balance>7000000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6387052.000000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>7.750900000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>REDDING RIDGE ASSET MANAGEMENT RRAM_18-3A</name>
        <lei>N/A</lei>
        <title>RRAM_18-3A</title>
        <cusip>74988LAC8</cusip>
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          <isin value="US74988LAC81"/>
          <other otherDesc="Internal Id" value="74988LAC8"/>
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        <balance>6500000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6407999.000000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.400900000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>RADNOR RE LTD RMIR_19-1</name>
        <lei>N/A</lei>
        <title>RMIR_19-1</title>
        <cusip>75049SAB9</cusip>
        <identifiers>
          <isin value="US75049SAB97"/>
          <other otherDesc="Internal Id" value="75049SAB9"/>
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        <balance>3600000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3597843.960000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.658000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>RMIR_19-2</name>
        <lei>N/A</lei>
        <title>RMIR_19-2</title>
        <cusip>75049TAB7</cusip>
        <identifiers>
          <isin value="US75049TAB70"/>
          <other otherDesc="Internal Id" value="75049TAB7"/>
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        <balance>5000000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5001914.000000000000</valUSD>
        <pctVal>0.2515704829</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.458000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>RMLT_19-1</name>
        <lei>N/A</lei>
        <title>RMLT_19-1</title>
        <cusip>76119MAC3</cusip>
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          <isin value="US76119MAC38"/>
          <other otherDesc="Internal Id" value="76119MAC3"/>
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        <balance>3460281.380000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3503476.070000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-10-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.242000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>REDDING RIDGE ASSET MANAGMENT RR</name>
        <lei>N/A</lei>
        <title>RRAM_17-1A</title>
        <cusip>78108YAE2</cusip>
        <identifiers>
          <isin value="US78108YAE23"/>
          <other otherDesc="Internal Id" value="78108YAE2"/>
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        <balance>7800000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7786950.600000000000</valUSD>
        <pctVal>0.3916434634</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.700900000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SOCIAL PROFESSIONAL LOAN PROGRAM</name>
        <lei>N/A</lei>
        <title>SOFI_16-A</title>
        <cusip>78469P203</cusip>
        <identifiers>
          <isin value="US78469P2039"/>
          <other otherDesc="Internal Id" value="78469P203"/>
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        <balance>9.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1170000.000000000000</valUSD>
        <pctVal>0.0588449671</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2038-01-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SOCIAL PROFESSIONAL LOAN PROGRAM</name>
        <lei>N/A</lei>
        <title>SOFI_16-A</title>
        <cusip>78469P302</cusip>
        <identifiers>
          <isin value="US78469P3029"/>
          <other otherDesc="Internal Id" value="78469P302"/>
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        <balance>9.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2653387.740000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2038-01-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SOCIAL PROFESSIONAL LOAN PROGRAM</name>
        <lei>N/A</lei>
        <title>SOFI_15-D</title>
        <cusip>78470N106</cusip>
        <identifiers>
          <isin value="US78470N1063"/>
          <other otherDesc="Internal Id" value="78470N106"/>
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        <balance>6.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1480000.020000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2037-10-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SOCIAL PROFESSIONAL LOAN PROGRAM</name>
        <lei>N/A</lei>
        <title>SOFI_17-A</title>
        <cusip>83404F104</cusip>
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          <isin value="US83404F1049"/>
          <other otherDesc="Internal Id" value="83404F104"/>
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        <balance>53124.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2153381.340000000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2040-03-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.000000000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SOFI CONSUMER LOAN PROGRAM TRUST SCLP_18-3</name>
        <lei>N/A</lei>
        <title>SCLP_18-3</title>
        <cusip>83405XAC8</cusip>
        <identifiers>
          <isin value="US83405XAC83"/>
          <other otherDesc="Internal Id" value="83405XAC8"/>
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        <balance>8450000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>8733030.220000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.020000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SOUND POINT CLO LTD SNDPT_13-3RA</name>
        <lei>N/A</lei>
        <title>SNDPT_13-3RA</title>
        <cusip>83609YAE6</cusip>
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          <isin value="US83609YAE68"/>
          <other otherDesc="Internal Id" value="83609YAE6"/>
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        <balance>10000000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9735780.000000000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-18</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.753300000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>STAR_2018-IMC1</name>
        <lei>N/A</lei>
        <title>STAR_18-IMC1</title>
        <cusip>85572KAD6</cusip>
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          <isin value="US85572KAD63"/>
          <other otherDesc="Internal Id" value="85572KAD6"/>
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        <balance>4000000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4074068.000000000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-03-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.589000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TOORAK MORTGAGE CORP TRK_19-2</name>
        <lei>N/A</lei>
        <title>TRK_19-2</title>
        <cusip>89052LAA1</cusip>
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          <isin value="US89052LAA17"/>
          <other otherDesc="Internal Id" value="89052LAA1"/>
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        <balance>11000000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10986126.800000000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-09-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.721000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GENWORTH MORTGAGE INSURANCE CORPORATION TMIR_19-1</name>
        <lei>N/A</lei>
        <title>TMIR_2019-1</title>
        <cusip>89600TAA1</cusip>
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          <isin value="US89600TAA16"/>
          <other otherDesc="Internal Id" value="89600TAA1"/>
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        <balance>6800000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6799982.320000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-26</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.674000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>UBS COMMERCIAL MORTGAGE TRUST UBSCM_18-NYCH</name>
        <lei>N/A</lei>
        <title>UBSCM_18-NYCH</title>
        <cusip>90266HAL6</cusip>
        <identifiers>
          <isin value="US90266HAL69"/>
          <other otherDesc="Internal Id" value="90266HAL6"/>
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        <balance>6700000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6714950.380000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-02-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.865400000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <futrDeriv derivCat="FUT">
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              <counterpartyName>JPMorgan</counterpartyName>
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            <payOffProf>Short</payOffProf>
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      </invstOrSec>
      <invstOrSec>
        <name>Morgan Stanley</name>
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        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
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        <name>ASG_13-2</name>
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        <name>UMBS</name>
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          <isin value="US01F0304C94"/>
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        <name>UMBS</name>
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        <name>UMBS</name>
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        <name>ANGEL OAK MORTGAGE TRUST AOMT_17</name>
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        <name>ANGEL OAK MORTGAGE TRUST AOMT_17-3</name>
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        <name>ANGEL OAK MORTGAGE TRUST AOMT_17</name>
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        <name>ANGEL OAK MORTGAGE TRUST AOMT_16</name>
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        <name>ANGEL OAK MORTGAGE TRUST AOMT_18-2</name>
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        <name>ANGEL OAK MORTGAGE TRUST AOMT_19-2</name>
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        <name>APIDOS CLO APID_17-28A</name>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>8.550900000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ARROYO MORTGAGE TRUST ARRW_18-1</name>
        <lei>N/A</lei>
        <title>ARRW_18-1</title>
        <cusip>042856AB0</cusip>
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          <isin value="US042856AB04"/>
          <other otherDesc="Internal Id" value="042856AB0"/>
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        <balance>3671928.680000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3728912.970000000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-04-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.016000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ARROYO MORTGAGE TRUST ARRW_18-1</name>
        <lei>N/A</lei>
        <title>ARRW_18-1</title>
        <cusip>042856AC8</cusip>
        <identifiers>
          <isin value="US042856AC86"/>
          <other otherDesc="Internal Id" value="042856AC8"/>
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        <balance>7479854.670000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7595347.370000000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-04-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.218000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>AVANT LOANS FUNDING TRUST AVNT_18-B</name>
        <lei>N/A</lei>
        <title>AVNT_18-B</title>
        <cusip>05353TAB4</cusip>
        <identifiers>
          <isin value="US05353TAB44"/>
          <other otherDesc="Internal Id" value="05353TAB4"/>
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        <balance>9946000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10033108.060000000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.110000000000</annualizedRt>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>AVANT LOANS FUNDING TRUST AVNT_19-B</name>
        <lei>N/A</lei>
        <title>AVNT_19-B</title>
        <cusip>05354NAB6</cusip>
        <identifiers>
          <isin value="US05354NAB64"/>
          <other otherDesc="Internal Id" value="05354NAB6"/>
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        <balance>7450000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7460563.360000000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.150000000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BARCLAYS COMMERCIAL MORTGAGE SECUIRITIES LLC BBCMS_18-BXH</name>
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        <title>BBCMS_18-BXH</title>
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          <isin value="US05491RAN52"/>
          <other otherDesc="Internal Id" value="05491RAN5"/>
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        <balance>4490000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4490040.410000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-10-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.171300000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BFLD TRUST BFLD_19-DPLO</name>
        <lei>N/A</lei>
        <title>BFLD_19-DPLO</title>
        <cusip>054970AN8</cusip>
        <identifiers>
          <isin value="US054970AN89"/>
          <other otherDesc="Internal Id" value="054970AN8"/>
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        <balance>6000000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5988745.200000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-10-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.153500000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BALLYROCK LTD BALLY_19-1A</name>
        <lei>N/A</lei>
        <title>BALLY_19-1A</title>
        <cusip>05875JAB5</cusip>
        <identifiers>
          <isin value="US05875JAB52"/>
          <other otherDesc="Internal Id" value="05875JAB5"/>
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        <balance>7500000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7502977.500000000000</valUSD>
        <pctVal>0.3773610807</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.187200000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BAYVIEW OPPORTUNITY MASTER FUND</name>
        <lei>N/A</lei>
        <title>BOMFT_16-SPL2</title>
        <cusip>07331QAJ6</cusip>
        <identifiers>
          <isin value="US07331QAJ67"/>
          <other otherDesc="Internal Id" value="07331QAJ6"/>
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        <balance>6983050.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7546910.340000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-06-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.500000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BELLEMEADE RE LTD BMIR_19-1A</name>
        <lei>N/A</lei>
        <title>BMIR_19-1A</title>
        <cusip>07876RAB2</cusip>
        <identifiers>
          <isin value="US07876RAB24"/>
          <other otherDesc="Internal Id" value="07876RAB2"/>
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        <balance>10000000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>9953964.000000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.572800000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BELLEMEADE RE LTD BMIR_18-2A</name>
        <lei>N/A</lei>
        <title>BMIR_18-2A</title>
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          <isin value="US07877DAB29"/>
          <other otherDesc="Internal Id" value="07877DAB2"/>
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        <balance>12730000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>12751914.700000000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.058000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BELLEMEADE RE LTD BMIR_18-2A</name>
        <lei>N/A</lei>
        <title>BMIR_18-2A</title>
        <cusip>07877DAC0</cusip>
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          <isin value="US07877DAC02"/>
          <other otherDesc="Internal Id" value="07877DAC0"/>
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        <balance>8250000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8287467.380000000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.308000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>BELLEMEADE RE LT BMIR_19-3A</name>
        <lei>N/A</lei>
        <title>BMIR_19-3A</title>
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          <isin value="US07877GAB59"/>
          <other otherDesc="Internal Id" value="07877GAB5"/>
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        <balance>19000000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>19039278.700000000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.308000000000</annualizedRt>
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      <invstOrSec>
        <name>BELLEMEADE RE LT BMIR_18-3A</name>
        <lei>N/A</lei>
        <title>BMIR_18-3A</title>
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          <isin value="US07877TAB70"/>
          <other otherDesc="Internal Id" value="07877TAB7"/>
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        <balance>16000000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>15999982.400000000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>4.254400000000</annualizedRt>
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      <invstOrSec>
        <name>BRAEMAR HOTELS &amp; RESORTS TRUST BHR_18-PRME</name>
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        <title>BHR_18-PRME</title>
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          <isin value="US10482TAL61"/>
          <other otherDesc="Internal Id" value="10482TAL6"/>
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        <balance>6500000.000000000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>3.565400000000</annualizedRt>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>BX COMMERCIAL MORTGAGE TRUST 2018-BIOA BX_18-GW</name>
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        <title>BX_18-GW</title>
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          <isin value="US12433UAN54"/>
          <other otherDesc="Internal Id" value="12433UAN5"/>
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        <balance>7000000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7013083.700000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-05-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.735400000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>COSMOPOLITAN HOTEL TRUST CHT_17-CSMO</name>
        <lei>N/A</lei>
        <title>CHT_17-CSMO</title>
        <cusip>12546DAG2</cusip>
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          <isin value="US12546DAG25"/>
          <other otherDesc="Internal Id" value="12546DAG2"/>
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        <balance>4200000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4201313.340000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-11-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.165000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COSMOPOLITAN HOTEL TRUST CHT_17-CSMO</name>
        <lei>N/A</lei>
        <title>CHT_17-CSMO</title>
        <cusip>12546DAL1</cusip>
        <identifiers>
          <isin value="US12546DAL10"/>
          <other otherDesc="Internal Id" value="12546DAL1"/>
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        <balance>17000000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>17010587.600000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-11-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.015000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COSMOPOLITAN HOTEL TRUST CHT_17-CSMO</name>
        <lei>N/A</lei>
        <title>CHT_17-CSMO</title>
        <cusip>12546DAN7</cusip>
        <identifiers>
          <isin value="US12546DAN75"/>
          <other otherDesc="Internal Id" value="12546DAN7"/>
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        <balance>3675000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3678437.960000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-11-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.765000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CSMC_14-2R</name>
        <lei>N/A</lei>
        <title>CSMC_14-2R</title>
        <cusip>12648EFL1</cusip>
        <identifiers>
          <isin value="US12648EFL11"/>
          <other otherDesc="Internal Id" value="12648EFL1"/>
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        <balance>1341025.840000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1341025.840000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-04-27</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.194800000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CSMC_14-USA</name>
        <lei>N/A</lei>
        <title>CSMC_14-USA</title>
        <cusip>12649AAN9</cusip>
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          <isin value="US12649AAN90"/>
          <other otherDesc="Internal Id" value="12649AAN9"/>
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        <balance>11560000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>11442026.730000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.373300000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CSMC_14-USA</name>
        <lei>N/A</lei>
        <title>CSMC_14-USA</title>
        <cusip>12649AAQ2</cusip>
        <identifiers>
          <isin value="US12649AAQ22"/>
          <other otherDesc="Internal Id" value="12649AAQ2"/>
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        <balance>10400000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>9850804.080000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.373300000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CSMC_14-USA</name>
        <lei>N/A</lei>
        <title>CSMC_14-USA</title>
        <cusip>12649AAS8</cusip>
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          <isin value="US12649AAS87"/>
          <other otherDesc="Internal Id" value="12649AAS8"/>
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        <balance>5800000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5306103.900000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.373300000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CGMS_13-1A</name>
        <lei>N/A</lei>
        <title>CGMS_13-1A</title>
        <cusip>14310BAQ4</cusip>
        <identifiers>
          <isin value="US14310BAQ41"/>
          <other otherDesc="Internal Id" value="14310BAQ4"/>
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        <balance>5000000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4878165.000000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-14</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.259300000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CGMS_13-3A</name>
        <lei>N/A</lei>
        <title>CGMS_13-3A</title>
        <cusip>14310GAU4</cusip>
        <identifiers>
          <isin value="US14310GAU40"/>
          <other otherDesc="Internal Id" value="14310GAU4"/>
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        <balance>6750000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6363117.000000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.700900000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CARLYLE GLOBAL MARKET STRATEGIES</name>
        <lei>N/A</lei>
        <title>CGMS_13-4A</title>
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        <identifiers>
          <isin value="US14310KAW18"/>
          <other otherDesc="Internal Id" value="14310KAW1"/>
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        <balance>12500000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>12260300.000000000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.420900000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CHMSR_18-GT1</name>
        <lei>N/A</lei>
        <title>CHMSR_18-GT1</title>
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          <isin value="US17026XAA90"/>
          <other otherDesc="Internal Id" value="17026XAA9"/>
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        <balance>7000000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7020668.200000000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>4.572800000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CIM TRUST CIM_18-R4</name>
        <lei>N/A</lei>
        <title>CIM_18-R4</title>
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          <isin value="US17181FAA93"/>
          <other otherDesc="Internal Id" value="17181FAA9"/>
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        <curCd>USD</curCd>
        <valUSD>4024233.020000000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>CMLTI_09-11</name>
        <lei>N/A</lei>
        <title>CMLTI_09-11</title>
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          <isin value="US17314QAB32"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-02-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.215500000000</annualizedRt>
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      <invstOrSec>
        <name>CMLTI_14-A</name>
        <lei>N/A</lei>
        <title>CMLTI_14-A</title>
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          <isin value="US17322GAD16"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CMLTI_14-C</name>
        <lei>N/A</lei>
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          <isin value="US17323GAA67"/>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>CITIGROUP MORTGAGE LOAN TRUST IN</name>
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        <title>CMLTI_15-A</title>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>CITIGROUP MORTGAGE LOAN TRUST IN</name>
        <lei>N/A</lei>
        <title>CMLTI_15-RP2</title>
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          <isin value="US17323TAG58"/>
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        <curCd>USD</curCd>
        <valUSD>5143059.710000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.250000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>COLT FUNDING LLC COLT_18-1</name>
        <lei>N/A</lei>
        <title>COLT_18-1</title>
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          <isin value="US19687UAC71"/>
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        <balance>1056004.680000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1053236.570000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-02-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.084000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COLT FUNDING LLC COLT_18-2</name>
        <lei>N/A</lei>
        <title>COLT_18-2</title>
        <cusip>19687VAD3</cusip>
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          <isin value="US19687VAD38"/>
          <other otherDesc="Internal Id" value="19687VAD3"/>
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        <balance>5000000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5140950.500000000000</valUSD>
        <pctVal>0.2585633019</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-07-27</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.189000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COLUMBIA FUNDS/USA</name>
        <lei>N/A</lei>
        <title>COLUMBIA SHORT TERM CASH FUND</title>
        <cusip>19766H239</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="19766H239"/>
        </identifiers>
        <balance>39083221.159000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>39083221.160000000000</valUSD>
        <pctVal>1.9656844999</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CONNS RECEIVABLES FUNDING CONN_19-B</name>
        <lei>N/A</lei>
        <title>CONN_19-B</title>
        <cusip>20824LAA3</cusip>
        <identifiers>
          <isin value="US20824LAA35"/>
          <other otherDesc="Internal Id" value="20824LAA3"/>
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        <balance>12000000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>11999773.200000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-06-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.660000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CONSUMER LOAN UNDERLYING BOND CLUB_18-P1</name>
        <lei>N/A</lei>
        <title>CLUB_18-P1</title>
        <cusip>21051TAB6</cusip>
        <identifiers>
          <isin value="US21051TAB61"/>
          <other otherDesc="Internal Id" value="21051TAB6"/>
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        <balance>12310000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>12497256.030000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.070000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CONSUMER UNDERLYING BOND SECURITIZATION SERIES CUBS_18-1</name>
        <lei>N/A</lei>
        <title>CUBS_18-1</title>
        <cusip>21052GAB3</cusip>
        <identifiers>
          <isin value="US21052GAB32"/>
          <other otherDesc="Internal Id" value="21052GAB3"/>
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        <balance>5500000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5658120.050000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-02-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.170000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CONSUMER LOAN UNDERLYING BOND CLUB_18-P2</name>
        <lei>N/A</lei>
        <title>CLUB_18-P2</title>
        <cusip>21052NAB8</cusip>
        <identifiers>
          <isin value="US21052NAB82"/>
          <other otherDesc="Internal Id" value="21052NAB8"/>
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        <balance>8500000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>8644679.350000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.100000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GINNIE MAE II</name>
        <lei>N/A</lei>
        <title>GNMA2 30YR TBA(REG C)</title>
        <cusip>21H0306C3</cusip>
        <identifiers>
          <isin value="US21H0306C39"/>
          <other otherDesc="Internal Id" value="21H0306C3"/>
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        <balance>47000000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>48303515.860000000000</valUSD>
        <pctVal>2.4294177808</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-12-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GINNIE MAE II</name>
        <lei>N/A</lei>
        <title>GNMA2 30YR TBA(REG C)</title>
        <cusip>21H0326C9</cusip>
        <identifiers>
          <isin value="US21H0326C92"/>
          <other otherDesc="Internal Id" value="21H0326C9"/>
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        <balance>10500000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10851986.360000000000</valUSD>
        <pctVal>0.5457989579</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-12-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.500000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DEEPHAVEN RESIDENTIAL MORTGAGE TRUST DRMT_18-4A</name>
        <lei>N/A</lei>
        <title>DRMT_18-4A</title>
        <cusip>24381LAD4</cusip>
        <identifiers>
          <isin value="US24381LAD47"/>
          <other otherDesc="Internal Id" value="24381LAD4"/>
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        <balance>12000000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>12372789.600000000000</valUSD>
        <pctVal>0.6222875192</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-10-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.735000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>DEEPHAVEN RESIDENTIAL MORTGAGE TRUST DRMT_18-4A</name>
        <lei>N/A</lei>
        <title>DRMT_18-4A</title>
        <cusip>24381LAE2</cusip>
        <identifiers>
          <isin value="US24381LAE20"/>
          <other otherDesc="Internal Id" value="24381LAE2"/>
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        <balance>5205000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5398398.540000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-10-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.535000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>DEUTSCHE MORTGAGE SECURITIES INC</name>
        <lei>N/A</lei>
        <title>DMSI_03-1</title>
        <cusip>251563BL5</cusip>
        <identifiers>
          <isin value="US251563BL51"/>
          <other otherDesc="Internal Id" value="251563BL5"/>
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        <balance>183425.270000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>186382.930000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-04-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.500000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>EAGLE RE LTD EMIR_19-1</name>
        <lei>N/A</lei>
        <title>EMIR_19-1</title>
        <cusip>269822AB8</cusip>
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          <isin value="US269822AB87"/>
          <other otherDesc="Internal Id" value="269822AB8"/>
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        <balance>8700000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8713846.050000000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-25</maturityDt>
          <couponKind>Variable</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ENVA LLC ENVA_19-A</name>
        <lei>N/A</lei>
        <title>ENVA_19-A</title>
        <cusip>294021AA8</cusip>
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          <isin value="US294021AA85"/>
          <other otherDesc="Internal Id" value="294021AA8"/>
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        <balance>4500000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4500747.450000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.960000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FRESB MULTIFAMILY MORTGAGE PASS-THROUGH FRESB_18-SB45</name>
        <lei>N/A</lei>
        <title>FRESB_18-SB45</title>
        <cusip>30308AAH6</cusip>
        <identifiers>
          <isin value="US30308AAH68"/>
          <other otherDesc="Internal Id" value="30308AAH6"/>
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        <balance>13568831.660000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>14007517.420000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.160000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FREDDIE MAC GOLD</name>
        <lei>N/A</lei>
        <title>FGOLD 20YR GIANT</title>
        <cusip>3128CUTX4</cusip>
        <identifiers>
          <isin value="US3128CUTX43"/>
          <other otherDesc="Internal Id" value="3128CUTX4"/>
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        <balance>3620899.210000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3908144.890000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.500000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FREDDIE MAC GOLD</name>
        <lei>N/A</lei>
        <title>FGOLD 20YR</title>
        <cusip>3128DY6G7</cusip>
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          <isin value="US3128DY6G77"/>
          <other otherDesc="Internal Id" value="3128DY6G7"/>
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        <balance>11784.920000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>11897.710000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.500000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FREDDIE MAC GOLD</name>
        <lei>N/A</lei>
        <title>FGOLD 30YR</title>
        <cusip>3128K8QJ8</cusip>
        <identifiers>
          <isin value="US3128K8QJ86"/>
          <other otherDesc="Internal Id" value="3128K8QJ8"/>
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        <balance>826796.910000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>912353.280000000000</valUSD>
        <pctVal>0.0458866656</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FREDDIE MAC GOLD</name>
        <lei>N/A</lei>
        <title>FGOLD 30YR GIANT</title>
        <cusip>3128M7N77</cusip>
        <identifiers>
          <isin value="US3128M7N772"/>
          <other otherDesc="Internal Id" value="3128M7N77"/>
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        <balance>4368876.240000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4827097.740000000000</valUSD>
        <pctVal>0.2427781264</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FREDDIE MAC GOLD</name>
        <lei>N/A</lei>
        <title>FGOLD 30YR GIANT</title>
        <cusip>3128M95V0</cusip>
        <identifiers>
          <isin value="US3128M95V06"/>
          <other otherDesc="Internal Id" value="3128M95V0"/>
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        <balance>11732583.170000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>12398654.590000000000</valUSD>
        <pctVal>0.6235883948</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.500000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FREDDIE MAC GOLD</name>
        <lei>N/A</lei>
        <title>FGOLD 30YR GIANT</title>
        <cusip>3128MABS7</cusip>
        <identifiers>
          <isin value="US3128MABS75"/>
          <other otherDesc="Internal Id" value="3128MABS7"/>
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        <balance>24843321.910000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>26255349.500000000000</valUSD>
        <pctVal>1.3205086997</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.500000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FREDDIE MAC GOLD</name>
        <lei>N/A</lei>
        <title>FGOLD  15YR</title>
        <cusip>3128PQCU3</cusip>
        <identifiers>
          <isin value="US3128PQCU38"/>
          <other otherDesc="Internal Id" value="3128PQCU3"/>
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        <balance>66330.560000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>69793.260000000000</valUSD>
        <pctVal>0.0035102411</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FREDDIE MAC GOLD</name>
        <lei>N/A</lei>
        <title>FGOLD 30YR</title>
        <cusip>31292LGF6</cusip>
        <identifiers>
          <isin value="US31292LGF67"/>
          <other otherDesc="Internal Id" value="31292LGF6"/>
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        <balance>6926429.150000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7351815.520000000000</valUSD>
        <pctVal>0.3697584126</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.500000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FREDDIE MAC GOLD</name>
        <lei>N/A</lei>
        <title>FGOLD 30YR</title>
        <cusip>312934HK1</cusip>
        <identifiers>
          <isin value="US312934HK17"/>
          <other otherDesc="Internal Id" value="312934HK1"/>
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        <balance>699179.420000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>772953.300000000000</valUSD>
        <pctVal>0.0388755654</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FREDDIE MAC GOLD</name>
        <lei>N/A</lei>
        <title>FGOLD 30YR</title>
        <cusip>312940FU8</cusip>
        <identifiers>
          <isin value="US312940FU84"/>
          <other otherDesc="Internal Id" value="312940FU8"/>
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        <balance>1080019.470000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1194312.260000000000</valUSD>
        <pctVal>0.0600677485</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FREDDIEMAC STRIP FHSTR_264</name>
        <lei>N/A</lei>
        <title>FHLMC_264</title>
        <cusip>31325TL98</cusip>
        <identifiers>
          <isin value="US31325TL985"/>
          <other otherDesc="Internal Id" value="31325TL98"/>
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        <balance>9794635.050000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1639742.970000000000</valUSD>
        <pctVal>0.0824706164</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-07-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.184600000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FREDDIE_MAC FHLMC_304</name>
        <lei>N/A</lei>
        <title>FHLMC_304</title>
        <cusip>31325UQS8</cusip>
        <identifiers>
          <isin value="US31325UQS86"/>
          <other otherDesc="Internal Id" value="31325UQS8"/>
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        <balance>4013252.510000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>686967.130000000000</valUSD>
        <pctVal>0.0345509044</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FEDERAL HOME LOAN MORTGAGE CORPO</name>
        <lei>N/A</lei>
        <title>FHLMC_309</title>
        <cusip>31325USF4</cusip>
        <identifiers>
          <isin value="US31325USF48"/>
          <other otherDesc="Internal Id" value="31325USF4"/>
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        <balance>11373777.150000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2018554.280000000000</valUSD>
        <pctVal>0.1015228720</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-08-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.204600000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FREDDIE MAC FHLMC_318</name>
        <lei>N/A</lei>
        <title>FHLMC_318</title>
        <cusip>31325UVQ6</cusip>
        <identifiers>
          <isin value="US31325UVQ65"/>
          <other otherDesc="Internal Id" value="31325UVQ6"/>
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        <balance>10507810.980000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2351697.480000000000</valUSD>
        <pctVal>0.1182782572</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-11-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.184600000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FREDDIE MAC FHLMC_326</name>
        <lei>N/A</lei>
        <title>FHLMC_326</title>
        <cusip>31325VB86</cusip>
        <identifiers>
          <isin value="US31325VB867"/>
          <other otherDesc="Internal Id" value="31325VB86"/>
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        <balance>4859637.810000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>857710.040000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-03-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.234600000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FREDDIE MAC GOLD</name>
        <lei>N/A</lei>
        <title>FHLMC GOLD 30YR</title>
        <cusip>3132GDM90</cusip>
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          <isin value="US3132GDM900"/>
          <other otherDesc="Internal Id" value="3132GDM90"/>
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        <balance>2111624.360000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2269664.030000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FREDDIE MAC GOLD</name>
        <lei>N/A</lei>
        <title>FHLMC GOLD 30YR</title>
        <cusip>3132GGAE5</cusip>
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          <isin value="US3132GGAE52"/>
          <other otherDesc="Internal Id" value="3132GGAE5"/>
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        <balance>4836730.670000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5246107.590000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FREDDIE MAC GOLD</name>
        <lei>N/A</lei>
        <title>FHLMC GOLD 30YR</title>
        <cusip>3132GTUM7</cusip>
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          <isin value="US3132GTUM79"/>
          <other otherDesc="Internal Id" value="3132GTUM7"/>
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        <balance>3725000.120000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3953811.570000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.500000000000</annualizedRt>
          <isDefault>N</isDefault>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FREDDIE MAC GOLD</name>
        <lei>N/A</lei>
        <title>FHLMC GOLD 30YR  LTV &gt;125</title>
        <cusip>3132H3F73</cusip>
        <identifiers>
          <isin value="US3132H3F737"/>
          <other otherDesc="Internal Id" value="3132H3F73"/>
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        <balance>19477347.770000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>20447371.300000000000</valUSD>
        <pctVal>1.0283973438</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.500000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FREDDIE MAC GOLD</name>
        <lei>N/A</lei>
        <title>FHLMC GOLD 30YR  LTV &gt;125</title>
        <cusip>3132H7D84</cusip>
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      <invstOrSec>
        <name>FREDDIE MAC GOLD</name>
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      <invstOrSec>
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      <invstOrSec>
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      <invstOrSec>
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        <name>FANNIE MAE FNMA_12-144</name>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FANNIE MAE FNMA_13-6</name>
        <lei>N/A</lei>
        <title>FNMA_13-6</title>
        <cusip>3136ABP72</cusip>
        <identifiers>
          <isin value="US3136ABP729"/>
          <other otherDesc="Internal Id" value="3136ABP72"/>
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        <balance>7708709.610000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>644767.260000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-02-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.500000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FANNIE MAE FNMA_13-1</name>
        <lei>N/A</lei>
        <title>FNMA_13-1</title>
        <cusip>3136ABYL1</cusip>
        <identifiers>
          <isin value="US3136ABYL11"/>
          <other otherDesc="Internal Id" value="3136ABYL1"/>
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        <balance>4122674.180000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>761506.570000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>3.500000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FANNIE MAE FNMA_13-1</name>
        <lei>N/A</lei>
        <title>FNMA_13-1</title>
        <cusip>3136ABZP1</cusip>
        <identifiers>
          <isin value="US3136ABZP16"/>
          <other otherDesc="Internal Id" value="3136ABZP1"/>
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        <curCd>USD</curCd>
        <valUSD>176619.120000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>3.500000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FANNIE MAE FNMA_13-16</name>
        <lei>N/A</lei>
        <title>FNMA_13-16</title>
        <cusip>3136ACRR4</cusip>
        <identifiers>
          <isin value="US3136ACRR47"/>
          <other otherDesc="Internal Id" value="3136ACRR4"/>
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        <balance>8917271.520000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>716147.860000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-01-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.500000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FANNIE MAE FNMA_13-41</name>
        <lei>N/A</lei>
        <title>FNMA_13-41</title>
        <cusip>3136ADR84</cusip>
        <identifiers>
          <isin value="US3136ADR846"/>
          <other otherDesc="Internal Id" value="3136ADR84"/>
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        <balance>9529085.320000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>704319.470000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-05-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.500000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FNMA_13-97</name>
        <lei>N/A</lei>
        <title>FNMA_13-97</title>
        <cusip>3136AGDG4</cusip>
        <identifiers>
          <isin value="US3136AGDG42"/>
          <other otherDesc="Internal Id" value="3136AGDG4"/>
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        <balance>5688918.510000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>455531.620000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-06-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.392000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FANNIE MAE FNMA_14-93</name>
        <lei>N/A</lei>
        <title>FNMA_14-93</title>
        <cusip>3136AMDR7</cusip>
        <identifiers>
          <isin value="US3136AMDR74"/>
          <other otherDesc="Internal Id" value="3136AMDR7"/>
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        <balance>15909274.320000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2291816.880000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-01-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.442000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FANNIE MAE FNMA_16-42</name>
        <lei>N/A</lei>
        <title>FNMA_16-42</title>
        <cusip>3136AS2T2</cusip>
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          <isin value="US3136AS2T28"/>
          <other otherDesc="Internal Id" value="3136AS2T2"/>
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        <balance>27143536.820000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5833634.650000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-07-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.292000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FANNIE MAE FNMA_16-37</name>
        <lei>N/A</lei>
        <title>FNMA_16-37</title>
        <cusip>3136ASPK6</cusip>
        <identifiers>
          <isin value="US3136ASPK63"/>
          <other otherDesc="Internal Id" value="3136ASPK6"/>
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        <balance>18345416.640000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3740966.170000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>4.142000000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FANNIE MAE FNMA_16-101</name>
        <lei>N/A</lei>
        <title>FNMA_16-101</title>
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          <isin value="US3136AU3F60"/>
          <other otherDesc="Internal Id" value="3136AU3F6"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <securityLending>
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      <invstOrSec>
        <name>FANNIE MAE FNMA_17-3</name>
        <lei>N/A</lei>
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          <isin value="US3136AU5X58"/>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FANNIE MAE FNMA_17-T1</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>FANNIE MAE FNMA_17-51</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>FANNIE MAE FNMA_17-72</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>FANNIE MAE FNMA_17-72</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>FANNIE MAE ACES FNMA_17-M15</name>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FANNIE MAE FNMA_17-90</name>
        <lei>N/A</lei>
        <title>FNMA_17-90</title>
        <cusip>3136AYQT3</cusip>
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          <isin value="US3136AYQT32"/>
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        <curCd>USD</curCd>
        <valUSD>2959190.930000000000</valUSD>
        <pctVal>0.1488320453</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-11-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.442000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FANNIE MAE FNMA_19-33</name>
        <lei>N/A</lei>
        <title>FNMA_19-33</title>
        <cusip>3136B45D6</cusip>
        <identifiers>
          <isin value="US3136B45D69"/>
          <other otherDesc="Internal Id" value="3136B45D6"/>
        </identifiers>
        <balance>23530007.270000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4761384.030000000000</valUSD>
        <pctVal>0.2394730656</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-07-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.342000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FREDDIE MAC FHLMC_3800</name>
        <lei>N/A</lei>
        <title>FHLMC_3800</title>
        <cusip>3137A7H37</cusip>
        <identifiers>
          <isin value="US3137A7H371"/>
          <other otherDesc="Internal Id" value="3137A7H37"/>
        </identifiers>
        <balance>1546045.920000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>89304.560000000000</valUSD>
        <pctVal>0.0044915589</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.500000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FEDERAL HOME LOAN CORPORATION FHLMC_3913</name>
        <lei>N/A</lei>
        <title>FHLMC_3913</title>
        <cusip>3137AESM8</cusip>
        <identifiers>
          <isin value="US3137AESM89"/>
          <other otherDesc="Internal Id" value="3137AESM8"/>
        </identifiers>
        <balance>1692452.400000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>134750.010000000000</valUSD>
        <pctVal>0.0067772307</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-09-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.834600000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FREDDIE MAC FHLMC_4068</name>
        <lei>N/A</lei>
        <title>FHLMC_4068</title>
        <cusip>3137ARN93</cusip>
        <identifiers>
          <isin value="US3137ARN934"/>
          <other otherDesc="Internal Id" value="3137ARN93"/>
        </identifiers>
        <balance>6943880.350000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>427352.780000000000</valUSD>
        <pctVal>0.0214936413</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-09-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.157300000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FREDDIE MAC FHLMC_4107</name>
        <lei>N/A</lei>
        <title>FHLMC_4107</title>
        <cusip>3137AUG60</cusip>
        <identifiers>
          <isin value="US3137AUG601"/>
          <other otherDesc="Internal Id" value="3137AUG60"/>
        </identifiers>
        <balance>6086739.630000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>344264.780000000000</valUSD>
        <pctVal>0.0173147433</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-06-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.339200000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FREDDIE MAC FHLMC_4122</name>
        <lei>N/A</lei>
        <title>FHLMC_4122</title>
        <cusip>3137AUZB8</cusip>
        <identifiers>
          <isin value="US3137AUZB83"/>
          <other otherDesc="Internal Id" value="3137AUZB8"/>
        </identifiers>
        <balance>3932735.460000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>307720.820000000000</valUSD>
        <pctVal>0.0154767705</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FREDDIE MAC FHLMC_4121</name>
        <lei>N/A</lei>
        <title>FHLMC_4121</title>
        <cusip>3137AV5Y9</cusip>
        <identifiers>
          <isin value="US3137AV5Y95"/>
          <other otherDesc="Internal Id" value="3137AV5Y9"/>
        </identifiers>
        <balance>5634581.640000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>446816.690000000000</valUSD>
        <pctVal>0.0224725756</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.500000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FREDDIE MAC FHLMC_4120</name>
        <lei>N/A</lei>
        <title>FHLMC_4120</title>
        <cusip>3137AV7D3</cusip>
        <identifiers>
          <isin value="US3137AV7D31"/>
          <other otherDesc="Internal Id" value="3137AV7D3"/>
        </identifiers>
        <balance>5091639.820000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>331082.350000000000</valUSD>
        <pctVal>0.0166517350</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.500000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FREDDIE MAC FHLMC_4148</name>
        <lei>N/A</lei>
        <title>FHLMC_4148</title>
        <cusip>3137AWQZ1</cusip>
        <identifiers>
          <isin value="US3137AWQZ19"/>
          <other otherDesc="Internal Id" value="3137AWQZ1"/>
        </identifiers>
        <balance>4193847.280000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>358856.190000000000</valUSD>
        <pctVal>0.0180486160</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FREDDIE MAC FHLMC_4139</name>
        <lei>N/A</lei>
        <title>FHLMC_4139</title>
        <cusip>3137AWXC4</cusip>
        <identifiers>
          <isin value="US3137AWXC41"/>
          <other otherDesc="Internal Id" value="3137AWXC4"/>
        </identifiers>
        <balance>4053487.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>413510.400000000000</valUSD>
        <pctVal>0.0207974409</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.500000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FREDDIE MAC FHLMC_4147</name>
        <lei>N/A</lei>
        <title>FHLMC_4147</title>
        <cusip>3137AXDF7</cusip>
        <identifiers>
          <isin value="US3137AXDF74"/>
          <other otherDesc="Internal Id" value="3137AXDF7"/>
        </identifiers>
        <balance>6742110.510000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>683221.210000000000</valUSD>
        <pctVal>0.0343625040</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.500000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FREDDIE MAC FHLMC_4183</name>
        <lei>N/A</lei>
        <title>FHLMC_4183</title>
        <cusip>3137B07B4</cusip>
        <identifiers>
          <isin value="US3137B07B41"/>
          <other otherDesc="Internal Id" value="3137B07B4"/>
        </identifiers>
        <balance>3591848.830000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>298426.600000000000</valUSD>
        <pctVal>0.0150093192</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-04-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.384600000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FHLMC_4174</name>
        <lei>N/A</lei>
        <title>FHLMC_4174</title>
        <cusip>3137B0GB4</cusip>
        <identifiers>
          <isin value="US3137B0GB43"/>
          <other otherDesc="Internal Id" value="3137B0GB4"/>
        </identifiers>
        <balance>11411000.150000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>868672.660000000000</valUSD>
        <pctVal>0.0436897557</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-05-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.434600000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FREDDIE MAC FHLMC_4182</name>
        <lei>N/A</lei>
        <title>FHLMC_4182</title>
        <cusip>3137B0VK7</cusip>
        <identifiers>
          <isin value="US3137B0VK76"/>
          <other otherDesc="Internal Id" value="3137B0VK7"/>
        </identifiers>
        <balance>8111635.440000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>463825.750000000000</valUSD>
        <pctVal>0.0233280436</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.500000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FREDDIE MAC FHLMC_4177</name>
        <lei>N/A</lei>
        <title>FHLMC_4177</title>
        <cusip>3137B16F4</cusip>
        <identifiers>
          <isin value="US3137B16F46"/>
          <other otherDesc="Internal Id" value="3137B16F4"/>
        </identifiers>
        <balance>8813353.040000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1498835.830000000000</valUSD>
        <pctVal>0.0753837138</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FREDDIE MAC FHLMC_4213</name>
        <lei>N/A</lei>
        <title>FHLMC_4213</title>
        <cusip>3137B2ZZ6</cusip>
        <identifiers>
          <isin value="US3137B2ZZ65"/>
          <other otherDesc="Internal Id" value="3137B2ZZ6"/>
        </identifiers>
        <balance>5762346.100000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>311158.050000000000</valUSD>
        <pctVal>0.0156496455</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.500000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
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        <lei>N/A</lei>
        <title>FHLMC_4223</title>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FHR_4286</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>FREDDIE MAC FHLMC_4594</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FANNIE MAE FHLMC_4620</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FANNIE MAE</name>
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      <invstOrSec>
        <name>FANNIE MAE</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FANNIE MAE</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FANNIE MAE</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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        <name>FANNIE MAE</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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        <name>FANNIE MAE</name>
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        <name>FANNIE MAE</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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        <name>FANNIE MAE</name>
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        <name>FANNIE MAE</name>
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        <name>FANNIE MAE</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA 30YR</title>
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      </invstOrSec>
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      <invstOrSec>
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      <invstOrSec>
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      <invstOrSec>
        <name>FANNIE MAE FNMA_05-74</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FANNIE MAE FNMA_417</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>FANNIE MAE</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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        <name>FANNIE MAE</name>
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        <name>FANNIE MAE</name>
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        <name>FANNIE MAE</name>
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        <name>FANNIE MAE</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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      <invstOrSec>
        <name>FANNIE MAE</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA 30YR</title>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>FANNIE MAE</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA 30YR</title>
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        <valUSD>10865093.630000000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>FANNIE MAE</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>FANNIE MAE</name>
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      <invstOrSec>
        <name>FANNIE MAE</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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      <invstOrSec>
        <name>FANNIE MAE</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA 30YR UMBS</title>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FANNIE MAE</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA 30YR UMBS SUPER</title>
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        <curCd>USD</curCd>
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        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>FANNIE MAE</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA 15YR UMBS SUPER</title>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>FANNIE MAE</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA 30YR</title>
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        <curCd>USD</curCd>
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        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>FANNIE MAE</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA 30YR</title>
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          <isin value="US31412LMW71"/>
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        <curCd>USD</curCd>
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        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>FANNIE MAE</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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        <curCd>USD</curCd>
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        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FANNIE MAE</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA  30YR</title>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FANNIE MAE</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA  15YR</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>FANNIE MAE</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>FANNIE MAE</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA  30YR</title>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>FANNIE MAE</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA  30YR</title>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>FANNIE MAE</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA  30YR</title>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>FANNIE MAE</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA 30YR</title>
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        <balance>2597507.860000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2868760.850000000000</valUSD>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>FANNIE MAE</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FANNIE MAE</name>
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      <invstOrSec>
        <name>FANNIE MAE</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>FANNIE MAE</name>
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      <invstOrSec>
        <name>FANNIE MAE</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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      <invstOrSec>
        <name>FANNIE MAE</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA  30YR</title>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FANNIE MAE</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ELLINGTON FINANCIAL MORTGAGE TRUST EFMT_18-1</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>GCAT_19-NQM2</name>
        <lei>N/A</lei>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>GINNIE MAE II</name>
        <lei>N/A</lei>
        <title>GNMA2 30YR</title>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>GINNIE MAE I</name>
        <lei>N/A</lei>
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        <name>GINNIE MAE II</name>
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        <name>GINNIE MAE I</name>
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        <name>GINNIE MAE I</name>
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        <name>GINNIE MAE I</name>
        <lei>N/A</lei>
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        <name>GINNIE MAE I</name>
        <lei>N/A</lei>
        <title>GNMA 30YR</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>GINNIE MAE I</name>
        <lei>N/A</lei>
        <title>GNMA  30YR</title>
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        <valUSD>2670722.240000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
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      <invstOrSec>
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        <name>GOVERNMENT NATIONAL MORTGAGE ASS</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_18-105</name>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_18-139</name>
        <lei>N/A</lei>
        <title>GNMA_18-139</title>
        <cusip>38381ANK8</cusip>
        <identifiers>
          <isin value="US38381ANK87"/>
          <other otherDesc="Internal Id" value="38381ANK8"/>
        </identifiers>
        <balance>9128570.050000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1919937.280000000000</valUSD>
        <pctVal>0.0965629454</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-10-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.426400000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_19-21</name>
        <lei>N/A</lei>
        <title>GNMA_19-21</title>
        <cusip>38381B7M0</cusip>
        <identifiers>
          <isin value="US38381B7M06"/>
          <other otherDesc="Internal Id" value="38381B7M0"/>
        </identifiers>
        <balance>21779384.830000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3948613.360000000000</valUSD>
        <pctVal>0.1985948918</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-02-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.326400000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GNMA_19-6</name>
        <lei>N/A</lei>
        <title>GNMA_19-6</title>
        <cusip>38381BG65</cusip>
        <identifiers>
          <isin value="US38381BG658"/>
          <other otherDesc="Internal Id" value="38381BG65"/>
        </identifiers>
        <balance>26666579.830000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4277975.400000000000</valUSD>
        <pctVal>0.2151601041</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-01-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.326400000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_19-23</name>
        <lei>N/A</lei>
        <title>GNMA_19-23</title>
        <cusip>38381RRQ4</cusip>
        <identifiers>
          <isin value="US38381RRQ47"/>
          <other otherDesc="Internal Id" value="38381RRQ4"/>
        </identifiers>
        <balance>42903820.590000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6901448.510000000000</valUSD>
        <pctVal>0.3471072742</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-02-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.426400000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_19-23</name>
        <lei>N/A</lei>
        <title>GNMA_19-23</title>
        <cusip>38381RWR6</cusip>
        <identifiers>
          <isin value="US38381RWR64"/>
          <other otherDesc="Internal Id" value="38381RWR6"/>
        </identifiers>
        <balance>20179041.180000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3835119.600000000000</valUSD>
        <pctVal>0.1928867409</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-02-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.326400000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GNMA_19-43</name>
        <lei>N/A</lei>
        <title>GNMA_19-43</title>
        <cusip>38381T2U8</cusip>
        <identifiers>
          <isin value="US38381T2U86"/>
          <other otherDesc="Internal Id" value="38381T2U8"/>
        </identifiers>
        <balance>30152749.600000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5252795.930000000000</valUSD>
        <pctVal>0.2641885503</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-04-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.376400000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2019-12-20</ncom:dateSigned>
      <ncom:nameOfApplicant>Columbia Funds Series Trust II</ncom:nameOfApplicant>
      <ncom:signature>Martha Skinner</ncom:signature>
      <ncom:signerName>Martha Skinner</ncom:signerName>
      <ncom:title>Assistant Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
