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      <regZipOrPostalCode>02110</regZipOrPostalCode>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FANNIE MAE FNMA_17-57</name>
        <lei>N/A</lei>
        <title>FNMA_17-57</title>
        <cusip>3136AXPC3</cusip>
        <identifiers>
          <isin value="US3136AXPC33"/>
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        <balance>76321590.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6560252.800000000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-08-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.242000000000</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_17-72</name>
        <lei>N/A</lei>
        <title>FNMA_17-72</title>
        <cusip>3136AXU52</cusip>
        <identifiers>
          <isin value="US3136AXU525"/>
          <other otherDesc="Internal Id" value="3136AXU52"/>
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        <balance>66092654.680000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5320729.680000000000</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>2.242000000000</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_17-90</name>
        <lei>N/A</lei>
        <title>FNMA_17-90</title>
        <cusip>3136AYQT3</cusip>
        <identifiers>
          <isin value="US3136AYQT32"/>
          <other otherDesc="Internal Id" value="3136AYQT3"/>
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        <balance>17652380.800000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3770961.600000000000</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>2047-11-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.442000000000</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_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"/>
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        <balance>23530007.270000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4761384.030000000000</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>2049-07-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.342000000000</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_19-42</name>
        <lei>N/A</lei>
        <title>FNMA_19-42</title>
        <cusip>3136B5VK8</cusip>
        <identifiers>
          <isin value="US3136B5VK81"/>
          <other otherDesc="Internal Id" value="3136B5VK8"/>
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        <balance>25625222.100000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5219211.990000000000</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>2049-08-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.342000000000</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FREDDIE MAC FHLMC_3922</name>
        <lei>N/A</lei>
        <title>FHLMC_3922</title>
        <cusip>3137AFJS2</cusip>
        <identifiers>
          <isin value="US3137AFJS26"/>
          <other otherDesc="Internal Id" value="3137AFJS2"/>
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        <balance>9038635.860000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1281796.970000000000</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>2041-09-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.134600000000</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_4057</name>
        <lei>N/A</lei>
        <title>FHLMC_4057</title>
        <cusip>3137ARKJ4</cusip>
        <identifiers>
          <isin value="US3137ARKJ46"/>
          <other otherDesc="Internal Id" value="3137ARKJ4"/>
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        <balance>73673849.170000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3013783.520000000000</valUSD>
        <pctVal>0.1701000451</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>4.284600000000</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_12-4093</name>
        <lei>N/A</lei>
        <title>FHLMC_4093</title>
        <cusip>3137ASTF1</cusip>
        <identifiers>
          <isin value="US3137ASTF16"/>
          <other otherDesc="Internal Id" value="3137ASTF1"/>
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        <balance>19805017.890000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1845395.920000000000</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>2038-01-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.934600000000</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_4097</name>
        <lei>N/A</lei>
        <title>FHLMC_4097</title>
        <cusip>3137ATPX4</cusip>
        <identifiers>
          <isin value="US3137ATPX41"/>
          <other otherDesc="Internal Id" value="3137ATPX4"/>
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        <balance>2552198.500000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>387895.630000000000</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>4.284600000000</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>FREDDIE MAC FHLMC_4121</name>
        <lei>N/A</lei>
        <title>FHLMC_4121</title>
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          <isin value="US3137AV5Y95"/>
          <other otherDesc="Internal Id" value="3137AV5Y9"/>
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        <balance>1162691.580000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>92200.280000000000</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>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FREDDIE MAC FHLMC_4213</name>
        <lei>N/A</lei>
        <title>FHLMC_4213</title>
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          <isin value="US3137B2ZZ65"/>
          <other otherDesc="Internal Id" value="3137B2ZZ6"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>227250.260000000000</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>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FHLMC_4215</name>
        <lei>N/A</lei>
        <title>FHLMC_4215</title>
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          <isin value="US3137B34H83"/>
          <other otherDesc="Internal Id" value="3137B34H8"/>
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        <curCd>USD</curCd>
        <valUSD>388855.440000000000</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>
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        <securityLending>
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      <invstOrSec>
        <name>FHLMC_4223</name>
        <lei>N/A</lei>
        <title>FHLMC_4223</title>
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          <isin value="US3137B3L553"/>
          <other otherDesc="Internal Id" value="3137B3L55"/>
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        <curCd>USD</curCd>
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        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>FHR_4286</name>
        <lei>N/A</lei>
        <title>FHLMC_4286</title>
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          <isin value="US3137B6UF60"/>
          <other otherDesc="Internal Id" value="3137B6UF6"/>
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        <balance>2189799.300000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>454731.310000000000</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>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FANNIE MAE FHLMC_4620</name>
        <lei>N/A</lei>
        <title>FHLMC_4620</title>
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          <isin value="US3137BSAF08"/>
          <other otherDesc="Internal Id" value="3137BSAF0"/>
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        <balance>3454171.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>183563.630000000000</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>2042-11-15</maturityDt>
          <couponKind>Variable</couponKind>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>FREDDIE MAC FHLMC_4670</name>
        <lei>N/A</lei>
        <title>FHLMC_4670</title>
        <cusip>3137BWF66</cusip>
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          <other otherDesc="Internal Id" value="3137BWF66"/>
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        <balance>21143191.290000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4425322.790000000000</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>2047-03-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.334600000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FREDDIE MAC FHLMC_4704</name>
        <lei>N/A</lei>
        <title>FHLMC_4704</title>
        <cusip>3137F1HV3</cusip>
        <identifiers>
          <isin value="US3137F1HV30"/>
          <other otherDesc="Internal Id" value="3137F1HV3"/>
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        <balance>21231052.930000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4472346.780000000000</valUSD>
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      <invstOrSec>
        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_18-113</name>
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      <invstOrSec>
        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_18-78</name>
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      <invstOrSec>
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      <invstOrSec>
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      <invstOrSec>
        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_18-125</name>
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        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_18-124</name>
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        <isRestrictedSec>N</isRestrictedSec>

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

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_18-168</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_19-1</name>
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        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_19-23</name>
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        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_19-29</name>
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        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_19-45</name>
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      <invstOrSec>
        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_19-52</name>
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        <name>JP MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRUST JPMCC_15-UE</name>
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        <name>JP MORGAN CHASE COMMERCIAL MTGE</name>
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        <name>MORGAN STANLEY CAPITAL I TRUST MSC_19-MEAD</name>
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        <name>PRESTON RIDGE PARTNERS MORTGAGE TRUST PRPM_19-4A</name>
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      <invstOrSec>
        <name>PAGAYA AI DEBT SELECTION TRUST I PAID_19-1</name>
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        <name>PAGAYA AI DEBT SELECTION TRUST I PAID_19-3</name>
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        <name>FANNIE MAE</name>
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        <name>Morgan Stanley International</name>
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        <isRestrictedSec>N</isRestrictedSec>

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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PALMER SQUARE LOAN FUNDING LTD PSTAT_19-2A</name>
        <lei>N/A</lei>
        <title>PSTAT_19-2A</title>
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          <isin value="US69689PAC14"/>
          <other otherDesc="Internal Id" value="69689PAC1"/>
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        <curCd>USD</curCd>
        <valUSD>7999832.000000000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-04-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.565900000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PMT CREDIT RISK TRANSFER TRUST PMTCR_19-1R</name>
        <lei>N/A</lei>
        <title>PMTCR_19-1R</title>
        <cusip>73021CAA3</cusip>
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          <isin value="US73021CAA36"/>
          <other otherDesc="Internal Id" value="73021CAA3"/>
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        <balance>20097069.710000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>20081586.930000000000</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>
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          <couponKind>Variable</couponKind>
          <annualizedRt>3.804900000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Morgan Stanley International</name>
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        <cusip>000000000</cusip>
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          <ticker value="TYH0"/>
          <other otherDesc="Internal Id" value="TYH0C20"/>
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        <balance>-5152.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>755262.590000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Morgan Stanley International</counterpartyName>
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            <payOffProf>Short</payOffProf>
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                <issuerName>US 10YR NOTE MAR 20</issuerName>
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            <expDate>2020-03-20</expDate>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>9R7GPTSO7KV3UQJZQ078</lei>
        <title>ICE: (CDX.NA.HY.32.V1)</title>
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          <other otherDesc="Internal Id" value="Z91ZBY4A3"/>
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        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>USD</curCd>
        <valUSD>-13461379.570000000000</valUSD>
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        <assetCat>DCR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>Morgan Stanley</counterpartyName>
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      <invstOrSec>
        <name>PROGRESS RESIDENTIAL TRUST PROG_19-SFR3</name>
        <lei>N/A</lei>
        <title>PROG_19-SFR3</title>
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          <isin value="US74332WAL72"/>
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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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          <couponKind>Fixed</couponKind>
          <annualizedRt>3.867000000000</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>PROGRESS RESIDENTIAL TRUST PROG_19-SFR1</name>
        <lei>N/A</lei>
        <title>PROG_19-SFR1</title>
        <cusip>74333BAL2</cusip>
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          <isin value="US74333BAL27"/>
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        <balance>10000000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10271714.000000000000</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>2035-08-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.061000000000</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>PROGRESS RESIDENTIAL TRUST PROG_</name>
        <lei>N/A</lei>
        <title>PROG_17-SFR1</title>
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          <isin value="US74333JAN19"/>
          <other otherDesc="Internal Id" value="74333JAN1"/>
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        <balance>2802000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2849315.690000000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.261000000000</annualizedRt>
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      <invstOrSec>
        <name>PROGRESS RESIDENTIAL TRUST PROG_19-SFR2</name>
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        <title>PROG_19-SFR2</title>
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          <isin value="US74333NAL64"/>
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        <curCd>USD</curCd>
        <valUSD>10232512.000000000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.837000000000</annualizedRt>
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        <name>PROSPER MARKETPLACE ISSUANCE TRU</name>
        <lei>N/A</lei>
        <title>PMIT_17-1A</title>
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          <isin value="US74360JAC18"/>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
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          <couponKind>Fixed</couponKind>
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        <name>PROSPER MARKETPLACE ISSUANCE TRUST SERIES PMIT_17-3A</name>
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        <title>PMIT_17-3A</title>
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          <isin value="US74360LAC63"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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        <name>PMIT_17-2A</name>
        <lei>N/A</lei>
        <title>PMIT_17-2A</title>
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          <isin value="US74360TAC99"/>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>PROPER PASS-THRU TRUST II PPT2_19-ST2</name>
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          <isin value="US74361EAA55"/>
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        <name>PROSPER MARKETPLACE ISSUANCE TRUST SERIES PMIT_18-1A</name>
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        <name>PROSPER MARKETPLACE ISSUANCE TRUST SERIES PMIT_19-1A</name>
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        <name>PROSPER MARKETPLACE ISSUANCE TRUST PMIT_19-2A</name>
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      <invstOrSec>
        <name>PROSPER MARKETPLACE ISSUANCE TRUST SERIES PMIT_19-3A</name>
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        <curCd>USD</curCd>
        <valUSD>8544608.000000000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>PROSPER MARKETPLACE ISSUANCE TRUST SERIES PMIT_19-3A</name>
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        <title>PMIT_19-3A</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.940000000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>RCO MORTGAGE LLC RCO_18-2</name>
        <lei>N/A</lei>
        <title>RCO_18-2</title>
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        <curCd>USD</curCd>
        <valUSD>2563448.100000000000</valUSD>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>RCO MORTGAGE LLC RCO_18-VFS1</name>
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        <title>RCO_18-VFS1</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>
      <invstOrSec>
        <name>REDDING RIDGE ASSET MANAGEMENT RRAM_18-4A</name>
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        <title>RRAM_18-4A</title>
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        <balance>5000000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4562180.000000000000</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>7.750900000000</annualizedRt>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>RACEP_15-9A</name>
        <lei>N/A</lei>
        <title>RACEP_15-9A</title>
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        <curCd>USD</curCd>
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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>2030-10-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.650900000000</annualizedRt>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>RADNOR RE LTD RMIR_19-1</name>
        <lei>N/A</lei>
        <title>RMIR_19-1</title>
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          <isin value="US75049SAB97"/>
          <other otherDesc="Internal Id" value="75049SAB9"/>
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        <balance>10890000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10883477.980000000000</valUSD>
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        <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>
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        <securityLending>
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      <invstOrSec>
        <name>RMIR_19-2</name>
        <lei>N/A</lei>
        <title>RMIR_19-2</title>
        <cusip>75049TAB7</cusip>
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          <isin value="US75049TAB70"/>
          <other otherDesc="Internal Id" value="75049TAB7"/>
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        <balance>9716000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9719719.280000000000</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>3.458000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>RMIR_19-2</name>
        <lei>N/A</lei>
        <title>RMIR_19-2</title>
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          <isin value="US75049TAC53"/>
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        <balance>3000000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2993190.900000000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
          <annualizedRt>4.408000000000</annualizedRt>
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      <invstOrSec>
        <name>RESIDENTIAL MORTGAGE LOAN TRUST RMLT_19-3</name>
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        <title>RMLT_19-3</title>
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          <isin value="US76119NAD93"/>
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        <curCd>USD</curCd>
        <valUSD>6316722.090000000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>REDDING RIDGE ASSET MANAGMENT RR</name>
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        <title>RRAM_17-1A</title>
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          <isin value="US78108YAE23"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
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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>REDDING RIDGE ASSET MANAGMENT RR</name>
        <lei>N/A</lei>
        <title>RRAM_17-1A</title>
        <cusip>78109AAA1</cusip>
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        <balance>6280000.000000000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>8.500900000000</annualizedRt>
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      <invstOrSec>
        <name>SG RESIDENTIAL MORTGAGE TRUST SGR_19-3</name>
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        <title>SGR_19-3</title>
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          <isin value="US78432BAD10"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>SOCIAL PROFESSIONAL LOAN PROGRAM</name>
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        <title>SOFI_16-A</title>
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          <isin value="US78469P2039"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
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        <name>SOCIAL PROFESSIONAL LOAN PROGRAM</name>
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          <isin value="US78469P3029"/>
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      <invstOrSec>
        <name>SOCIAL PROFESSIONAL LOAN PROGRAM</name>
        <lei>N/A</lei>
        <title>SOFI_15-D</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>SOFI CONSUMER LOAN PROGRAM TRUST</name>
        <lei>N/A</lei>
        <title>SCLP_16-2</title>
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          <isin value="US83402Q1022"/>
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        <balance>379888.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10731836.000000000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2025-10-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.000000000000</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>SOFI CONSUMER LOAN PROGRAM TRUST</name>
        <lei>N/A</lei>
        <title>SCLP_16-4</title>
        <cusip>83402V101</cusip>
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          <isin value="US83402V1017"/>
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        <curCd>USD</curCd>
        <valUSD>7290000.000000000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2025-11-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.000000000000</annualizedRt>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SOCIAL PROFESSIONAL LOAN PROGRAM</name>
        <lei>N/A</lei>
        <title>SOFI_17-A</title>
        <cusip>83404F104</cusip>
        <identifiers>
          <isin value="US83404F1049"/>
          <other otherDesc="Internal Id" value="83404F104"/>
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        <balance>84403.000000000000</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>3</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.000000000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SCLR_19-1</name>
        <lei>N/A</lei>
        <title>SCLR_19-1</title>
        <cusip>83406KAA9</cusip>
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          <isin value="US83406KAA97"/>
          <other otherDesc="Internal Id" value="83406KAA9"/>
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        <balance>4167855.820000000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.000000000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SOFI CONSUMER LOAN PROGAM SCLP_18-4</name>
        <lei>N/A</lei>
        <title>SCLR_18-4</title>
        <cusip>83406LAA7</cusip>
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          <isin value="US83406LAA70"/>
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        <balance>4349318.560000000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>2.000000000000</annualizedRt>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>SCLR_19-3</name>
        <lei>N/A</lei>
        <title>SCLR_19-3</title>
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          <isin value="US83406MAA53"/>
          <other otherDesc="Internal Id" value="83406MAA5"/>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>2.000000000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SOFI CONSUMER LOAN PROGRAM TRUST SCLP_18-3</name>
        <lei>N/A</lei>
        <title>SCLR_18-3</title>
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          <isin value="US83406RAA41"/>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>2.000000000000</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>
        <name>SCLR_19-2</name>
        <lei>N/A</lei>
        <title>SCLR_19-2</title>
        <cusip>83406WAA3</cusip>
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          <isin value="US83406WAA36"/>
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        <balance>4380217.740000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4321084.800000000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>STAR_2018-IMC1</name>
        <lei>N/A</lei>
        <title>STAR_18-IMC1</title>
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          <isin value="US85572KAD63"/>
          <other otherDesc="Internal Id" value="85572KAD6"/>
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        <balance>3000000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3055551.000000000000</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>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>
      <invstOrSec>
        <name>TOORAK MORTGAGE CORP TRK_19-1</name>
        <lei>N/A</lei>
        <title>TRK_19-1</title>
        <cusip>89052KAA3</cusip>
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          <isin value="US89052KAA34"/>
          <other otherDesc="Internal Id" value="89052KAA3"/>
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        <balance>10000000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10098209.000000000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-03-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.458300000000</annualizedRt>
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        <securityLending>
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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>
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          <isin value="US89052LAA17"/>
          <other otherDesc="Internal Id" value="89052LAA1"/>
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        <balance>10000000.000000000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>UBS COMMERCIAL MORTGAGE TRUST UBSCM_18-NYCH</name>
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        <title>UBSCM_18-NYCH</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>UPGRADE RECEIVABLES TRUST UPGR_19-2A</name>
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        <title>UPGR_19-2A</title>
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          <isin value="US91532MAC10"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>VCAT_19-NPL1</name>
        <lei>N/A</lei>
        <title>VCAT_19-NPL1</title>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>VERICREST OPPORTUNITY LOAN TRANSFEREE VOLT_18-NPL8</name>
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        <name>VERICREST OPPORTUNITY LOAN TRANSFEREE VOLT_19-NPL1</name>
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      <invstOrSec>
        <name>VERICREST OPPORTUNITY LOAN TRANSFEREE VOLT_19-NPL5</name>
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        <name>WESTLAKE AUTOMOBILE RECEIVABLES TRUST WLAKE_19-3A</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>AVANT LOANS FUNDING TRUST AVNT_19-B</name>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>AVANT LOANS FUNDING TRUST AVNT_19-B</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>BARCLAYS COMMERCIAL MORTGAGE SECUIRITIES LLC BBCMS_18-BXH</name>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BARCLAYS COMMERCIAL MORTGAGE SECURITIES LLC BBCMS_19-BWAY</name>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BFLD TRUST BFLD_19-DPLO</name>
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          <isin value="US054970AS76"/>
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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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          <couponKind>Variable</couponKind>
          <annualizedRt>5.103500000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>BCAP LLC TRUST BCAP_10-RR11</name>
        <lei>N/A</lei>
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          <isin value="US05533JBT97"/>
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        <curCd>USD</curCd>
        <valUSD>455027.840000000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>4.529600000000</annualizedRt>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>BHMS MORTGAGE TRUST BHMS_18-ATLS</name>
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        <title>BHMS_18-ATLS</title>
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          <isin value="US05549GAL59"/>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
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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>BX COMMERCIAL MORTGAGE TRUST BX_19-ATL</name>
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          <isin value="US056058AN06"/>
          <other otherDesc="Internal Id" value="056058AN0"/>
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        <issuerCat>CORP</issuerCat>
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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>BALLYROCK LTD BALLY_18-1A</name>
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          <isin value="US05875HAC79"/>
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        <fairValLevel>2</fairValLevel>
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        <securityLending>
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        <name>BALLYROCK LTD BALLY_19-1A</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>BAYVIEW OPPORTUNITY MASTER FUND</name>
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        <name>BAYVIEW OPPORTUNITY MASTER FUND TRUST BOMFT_19-RN1</name>
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        <name>BELLEMEADE RE LTD BMIR_18-2A</name>
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        <name>BELLEMEADE RE LTD BMIR_18-2A</name>
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        <isRestrictedSec>N</isRestrictedSec>

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          <maturityDt>2028-08-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.308000000000</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>BELLEMEADE RE LT BMIR_19-3A</name>
        <lei>N/A</lei>
        <title>BMIR_19-3A</title>
        <cusip>07877GAB5</cusip>
        <identifiers>
          <isin value="US07877GAB59"/>
          <other otherDesc="Internal Id" value="07877GAB5"/>
        </identifiers>
        <balance>15000000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>15031009.500000000000</valUSD>
        <pctVal>0.8483606660</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BELLEMEADE RE LT BMIR_18-3A</name>
        <lei>N/A</lei>
        <title>BMIR_18-3A</title>
        <cusip>07877TAB7</cusip>
        <identifiers>
          <isin value="US07877TAB70"/>
          <other otherDesc="Internal Id" value="07877TAB7"/>
        </identifiers>
        <balance>6500000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6499992.850000000000</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>2027-10-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.254400000000</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>BRAEMAR HOTELS &amp; RESORTS TRUST BHR_18-PRME</name>
        <lei>N/A</lei>
        <title>BHR_18-PRME</title>
        <cusip>10482TAQ5</cusip>
        <identifiers>
          <isin value="US10482TAQ58"/>
          <other otherDesc="Internal Id" value="10482TAQ5"/>
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        <balance>14000000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>14052046.400000000000</valUSD>
        <pctVal>0.7931073054</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-06-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.665400000000</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>BRAVO RESIDENTIAL FUNDING TRUST BRAVO_19-NQM2</name>
        <lei>N/A</lei>
        <title>BRAVO_19-NQM2</title>
        <cusip>10569AAE9</cusip>
        <identifiers>
          <isin value="US10569AAE91"/>
          <other otherDesc="Internal Id" value="10569AAE9"/>
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        <balance>8550000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>8549817.030000000000</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>2059-11-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.954000000000</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>BX TRUST BX_18-GW</name>
        <lei>N/A</lei>
        <title>BX_18-GW</title>
        <cusip>12433UAS4</cusip>
        <identifiers>
          <isin value="US12433UAS42"/>
          <other otherDesc="Internal Id" value="12433UAS4"/>
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        <balance>7250000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7296233.250000000000</valUSD>
        <pctVal>0.4118044965</pctVal>
        <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>4.685400000000</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>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"/>
        </identifiers>
        <balance>5000000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5003114.000000000000</valUSD>
        <pctVal>0.2823792457</pctVal>
        <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>
          <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>12546DAN7</cusip>
        <identifiers>
          <isin value="US12546DAN75"/>
          <other otherDesc="Internal Id" value="12546DAN7"/>
        </identifiers>
        <balance>5803000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5808428.710000000000</valUSD>
        <pctVal>0.3278317700</pctVal>
        <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>COSMOPOLITAN HOTEL TRUST CHT_17-CSMO</name>
        <lei>N/A</lei>
        <title>CHT_17-CSMO</title>
        <cusip>12546DAQ0</cusip>
        <identifiers>
          <isin value="US12546DAQ07"/>
          <other otherDesc="Internal Id" value="12546DAQ0"/>
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        <balance>10203000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10215684.370000000000</valUSD>
        <pctVal>0.5765803551</pctVal>
        <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>5.506200000000</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>COLONY MORTGAGE CAPITAL LTD CLNY_19-IKPR</name>
        <lei>N/A</lei>
        <title>CLNY_19-IKPR</title>
        <cusip>12564NAN2</cusip>
        <identifiers>
          <isin value="US12564NAN21"/>
          <other otherDesc="Internal Id" value="12564NAN2"/>
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        <balance>6000000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5965747.800000000000</valUSD>
        <pctVal>0.3367109692</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-11-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.592000000000</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>COLONY MORTGAGE CAPITAL LTD CLNY_19-IKPR</name>
        <lei>N/A</lei>
        <title>CLNY_19-IKPR</title>
        <cusip>12564NAQ5</cusip>
        <identifiers>
          <isin value="US12564NAQ51"/>
          <other otherDesc="Internal Id" value="12564NAQ5"/>
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        <balance>13000000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>12925903.900000000000</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>2038-11-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.290000000000</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>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>6990000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6918664.950000000000</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>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CSMC_14-USA</name>
        <lei>N/A</lei>
        <title>CSMC_14-USA</title>
        <cusip>12649AAQ2</cusip>
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          <isin value="US12649AAQ22"/>
          <other otherDesc="Internal Id" value="12649AAQ2"/>
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        <balance>23525000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>22282708.270000000000</valUSD>
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        <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>
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      <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>13000000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>11892991.500000000000</valUSD>
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        <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>
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      <invstOrSec>
        <name>CAM MORTGAGE TRUST CAMMT_18-1</name>
        <lei>N/A</lei>
        <title>CAMMT_18-1</title>
        <cusip>13173TAB6</cusip>
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          <isin value="US13173TAB61"/>
          <other otherDesc="Internal Id" value="13173TAB6"/>
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        <balance>5434045.060000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5432187.700000000000</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>2065-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</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>CGMS_13-3A</name>
        <lei>N/A</lei>
        <title>CGMS_13-3A</title>
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        <identifiers>
          <isin value="US14310GAS93"/>
          <other otherDesc="Internal Id" value="14310GAS9"/>
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        <balance>4000000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3932224.000000000000</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>3.400900000000</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>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>5000000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4713420.000000000000</valUSD>
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        <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>
          <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>CARLYLE GLOBAL MARKET STRATEGIES</name>
        <lei>N/A</lei>
        <title>CGMS_15-4A</title>
        <cusip>14311NAS3</cusip>
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        <curCd>USD</curCd>
        <valUSD>7421962.500000000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-20</maturityDt>
          <couponKind>Variable</couponKind>
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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>CHMSR_18-GT1</name>
        <lei>N/A</lei>
        <title>CHMSR_18-GT1</title>
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          <isin value="US17026XAA90"/>
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        <balance>2000000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2005905.200000000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-05-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.572800000000</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>CHMSR_18-GT1</name>
        <lei>N/A</lei>
        <title>CHMSR_18-GT1</title>
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          <other otherDesc="Internal Id" value="17026XAB7"/>
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        <curCd>USD</curCd>
        <valUSD>4357008.290000000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>5.322800000000</annualizedRt>
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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>CITIGROUP MORTGAGE LOAN TRUST INC CMLTI_13-11</name>
        <lei>N/A</lei>
        <title>CMLTI_13-11</title>
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        <identifiers>
          <isin value="US17322BAN01"/>
          <other otherDesc="Internal Id" value="17322BAN0"/>
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        <balance>380430.350000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>380647.200000000000</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>2034-09-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.164600000000</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>CITIGROUP MORTGAGE LOAN TRUST IN</name>
        <lei>N/A</lei>
        <title>CMLTI_15-A</title>
        <cusip>17323MAB1</cusip>
        <identifiers>
          <isin value="US17323MAB19"/>
          <other otherDesc="Internal Id" value="17323MAB1"/>
        </identifiers>
        <balance>25679385.193200000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>360209.870000000000</valUSD>
        <pctVal>0.0203304964</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-06-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.000000000000</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>CITIGROUP MORTGAGE LOAN TRUST IN</name>
        <lei>N/A</lei>
        <title>CMLTI_15-A</title>
        <cusip>17323MAE5</cusip>
        <identifiers>
          <isin value="US17323MAE57"/>
          <other otherDesc="Internal Id" value="17323MAE5"/>
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        <balance>3804864.300000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3795437.750000000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-06-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.500000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CITIGROUP MORTGAGE LOAN TRUST IN</name>
        <lei>N/A</lei>
        <title>CMLTI_15-A</title>
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          <isin value="US17323MAQ87"/>
          <other otherDesc="Internal Id" value="17323MAQ8"/>
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        <balance>3970251.080000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>13922.880000000000</valUSD>
        <pctVal>0.0007858171</pctVal>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-06-25</maturityDt>
          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CITIGROUP MORTGAGE LOAN TRUST INC CMLTI_19-IMC1</name>
        <lei>N/A</lei>
        <title>CMLTI_19-IMC1</title>
        <cusip>17328BAD6</cusip>
        <identifiers>
          <isin value="US17328BAD64"/>
          <other otherDesc="Internal Id" value="17328BAD6"/>
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        <balance>5000000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4975033.000000000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-07-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.170000000000</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>43383175.425000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>43383175.430000000000</valUSD>
        <pctVal>2.4485766975</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>FANNIE MAE CONNECTICUT AVENUE SECURITIES CAS_19-HRP1</name>
        <lei>N/A</lei>
        <title>CAS_19-HRP1</title>
        <cusip>20754PAD2</cusip>
        <identifiers>
          <isin value="US20754PAD24"/>
          <other otherDesc="Internal Id" value="20754PAD2"/>
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        <balance>18400000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>18795600.000000000000</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>2039-11-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>10.958000000000</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>CONNS RECEIVABLES FUNDING CONN_19-B</name>
        <lei>N/A</lei>
        <title>CONN_19-B</title>
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          <isin value="US20824LAB18"/>
          <other otherDesc="Internal Id" value="20824LAB1"/>
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        <curCd>USD</curCd>
        <valUSD>7999649.600000000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-06-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.620000000000</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>CONNS RECEIVABLES FUNDING CONN_18-A</name>
        <lei>N/A</lei>
        <title>CONN_18-A</title>
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          <isin value="US20826JAB44"/>
          <other otherDesc="Internal Id" value="20826JAB4"/>
        </identifiers>
        <balance>7319461.190000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7362657.720000000000</valUSD>
        <pctVal>0.4155535400</pctVal>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.650000000000</annualizedRt>
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        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CONN FUNDING II LP CONN_19-A</name>
        <lei>N/A</lei>
        <title>CONN_19-A</title>
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          <isin value="US20827DAB64"/>
          <other otherDesc="Internal Id" value="20827DAB6"/>
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        <balance>6000000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6052125.600000000000</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>2023-10-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.360000000000</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>
