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        <name>STANDARD CHARTERED PLC</name>
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        <name>ENBRIDGE INC</name>
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        <name>PENSKE TRUCK LEASING CO L P / PTL FIN CORP</name>
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        <name>GALAXY XXII CLO LTD</name>
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      <invstOrSec>
        <name>BATTALION CLO XV LTD / BATTALION CLO XV LLC</name>
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        <cusip>07131AAT1</cusip>
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        <curCd>USD</curCd>
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        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>OBX 2020-EXP1 TR</name>
        <lei>N/A</lei>
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        <identifiers>
          <isin value="US67448TBD63"/>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2060-02-25</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>SANTANDER DRIVE AUTO RECEIVABLES TRUST 2025-2</name>
        <lei>N/A</lei>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>FISERV INC</name>
        <lei>GI7UBEJLXYLGR2C7GV83</lei>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>CHICAGO BOARD OF TRADE</name>
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        <cusip>N/A</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>KEURIG DR PEPPER INC</name>
        <lei>DYTQ8KRTKO7Y2BVU5K74</lei>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>FREDDIE MAC STACR REMIC TRUST 2021-DNA1</name>
        <lei>N/A</lei>
        <title>FREDDIE MAC STACR REMIC TRUST 2021-DNA1 M1B SOFR30A+240 02/25/2042 144A</title>
        <cusip>35564KRF8</cusip>
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        <curCd>USD</curCd>
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        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA 5.50% 4/36 #745418</title>
        <cusip>31403DDX4</cusip>
        <identifiers>
          <isin value="US31403DDX49"/>
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        <balance>6029.53680000</balance>
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        <curCd>USD</curCd>
        <valUSD>6165.91000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05500000</annualizedRt>
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      <invstOrSec>
        <name>ROGERS COMMUNICATIONS INC</name>
        <lei>5493000M6Z4XFIP6PF03</lei>
        <title>ROGERS COMMUNICATIONS INC 5% 02/15/2029</title>
        <cusip>775109DE8</cusip>
        <identifiers>
          <isin value="US775109DE81"/>
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        <balance>3080000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3105312.83000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>RENTOKIL TERMINIX FUNDING PLC</name>
        <lei>25490006YYBUKL2Q8A81</lei>
        <title>RENTOKIL TERMINIX FUNDING PLC 4.625% 04/23/2031 144A</title>
        <cusip>760129AA4</cusip>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>SG RESIDENTIAL MORTGAGE TRUST 2026-3</name>
        <lei>N/A</lei>
        <title>SG RESIDENTIAL MORTGAGE TRUST 2026-3 5.492% 04/25/2066 144A</title>
        <cusip>78398MAG2</cusip>
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        <curCd>USD</curCd>
        <valUSD>342600.51000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05492000</annualizedRt>
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        <name>JPMORGAN CHASE and CO</name>
        <lei>8I5DZWZKVSZI1NUHU748</lei>
        <title>JPMORGAN CHASE and CO 4.979%/VAR 07/22/2028</title>
        <cusip>46647PEL6</cusip>
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        <curCd>USD</curCd>
        <valUSD>3643668.48000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-22</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04979000</annualizedRt>
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        <name>BACARDI MARTINI BV</name>
        <lei>5493002XXBV8B88K2408</lei>
        <title>BACARDI MARTINI BV YCP 0% 06/26/2026</title>
        <cusip>05634FFS3</cusip>
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        <curCd>USD</curCd>
        <valUSD>2695925.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <name>GNMA II GTD PASS THRU CTF MULTIPLE ISSUER</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GNII II 3.5% 02/20/2052#</title>
        <cusip>36179WXL7</cusip>
        <identifiers>
          <isin value="US36179WXL70"/>
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        <curCd>USD</curCd>
        <valUSD>726655.33000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>FED HOME LOAN MTG CORP - GOLD</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FHLG 6.00% 9/35 #G01899</title>
        <cusip>3128LXDC1</cusip>
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          <isin value="US3128LXDC18"/>
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        <curCd>USD</curCd>
        <valUSD>9124.02000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>PEAC SOLUTIONS RECEIVABLES 2025-1 LLC</name>
        <lei>N/A</lei>
        <title>PEAC SOLUTIONS RECEIVABLES 2025-1 LLC 5.04% 07/20/2032 144A</title>
        <cusip>69392HAC7</cusip>
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          <isin value="US69392HAC79"/>
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        <curCd>USD</curCd>
        <valUSD>514396.51000000</valUSD>
        <pctVal>0.010838924871</pctVal>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05040000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>JACKSON FINANCIAL INC</name>
        <lei>213800WXW2KG1N4CO374</lei>
        <title>JACKSON FINANCIAL INC 5.17% 06/08/2027</title>
        <cusip>46817MAR8</cusip>
        <identifiers>
          <isin value="US46817MAR88"/>
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        <units>PA</units>
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        <name>FIAOT 2025-1A</name>
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        <name>ARES LX CLO LTD</name>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
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        <name>INVESCO U S CLO 2021-3 LTD / INVESCO U S CLO 2021-3 LLC</name>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
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        <name>GOLDMAN SACHS GROUP INC (THE)</name>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
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        <name>AUGUSTA SPINCO CORP</name>
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      <invstOrSec>
        <name>ANGEL OAK MORTGAGE TRUST LLC</name>
        <lei>N/A</lei>
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        <cusip>03465LAC9</cusip>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>CNO GLOBAL FUNDING</name>
        <lei>6354008GTNR4833ULD48</lei>
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        <identifiers>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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        <cusip>3138EQDZ2</cusip>
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          <isin value="US3138EQDZ25"/>
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        <curCd>USD</curCd>
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        <issuerCat>USGSE</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>RCKT TRUST 2025-1A</name>
        <lei>N/A</lei>
        <title>RCKT TRUST 2025-1A 4.9% 07/25/2034 144A</title>
        <cusip>74939RAA9</cusip>
        <identifiers>
          <isin value="US74939RAA95"/>
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        <balance>66524.12000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ARI FLEET LEASE TRUST</name>
        <lei>N/A</lei>
        <title>ARI FLEET LEASE TRUST 2026-A A3 4.46% 11/15/2034 144A</title>
        <cusip>04033DAC8</cusip>
        <identifiers>
          <isin value="US04033DAC83"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>DLLAA 2025-1 LLC</name>
        <lei>N/A</lei>
        <title>DLLAA 2025-1 LLC 4.7% 10/20/2027 144A</title>
        <cusip>233249AB7</cusip>
        <identifiers>
          <isin value="US233249AB70"/>
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        <curCd>USD</curCd>
        <valUSD>434041.27000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04700000</annualizedRt>
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      <invstOrSec>
        <name>HARTWICK PARK CLO LTD</name>
        <lei>N/A</lei>
        <title>HARTWICK PARK CLO LTD AR TSFR3M+116 01/20/2037 144A</title>
        <cusip>417403AN2</cusip>
        <identifiers>
          <isin value="US417403AN28"/>
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        <balance>2899000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>0.04835230</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA 6.00% 1/37 #906064</title>
        <cusip>31411ETV9</cusip>
        <identifiers>
          <isin value="US31411ETV91"/>
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        <balance>983.82440000</balance>
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        <curCd>USD</curCd>
        <valUSD>1021.69000000</valUSD>
        <pctVal>0.000021528180</pctVal>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>AFFIRM ASSET SECURITIZATION TRUST 2025-X2</name>
        <lei>N/A</lei>
        <title>SEAFFIRM ASSET SECURITIZATION TRUST 2025-X2 4.66% 10/15/2030 144A</title>
        <cusip>00835DAA0</cusip>
        <identifiers>
          <isin value="US00835DAA00"/>
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        <balance>1377618.26000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1378961.44000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>DEEPHAVEN RESIDENTIAL MTG TR 2026-INV2</name>
        <lei>N/A</lei>
        <title>DEEPHAVEN RESIDENTIAL MORTGAGE TRUST 2026-INV2 VAR 02/25/2071 144A</title>
        <cusip>24380UAA1</cusip>
        <identifiers>
          <isin value="US24380UAA16"/>
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        <balance>585503.10000000</balance>
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        <curCd>USD</curCd>
        <valUSD>585915.41000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2071-02-25</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>BX TR 2021-ACNT</name>
        <lei>N/A</lei>
        <title>BX TR 2021-ACNT TSFR1M+96.448 11/15/2026 144A</title>
        <cusip>05609QAA4</cusip>
        <identifiers>
          <isin value="US05609QAA40"/>
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        <balance>1351390.03000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1352169.51000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-11-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04591480</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GENERAL MTRS FINL CO INC</name>
        <lei>5493008B6JBRUJ90QL97</lei>
        <title>GENERAL MTRS FINL CO INC 5.4% 05/08/2027</title>
        <cusip>37045XEQ5</cusip>
        <identifiers>
          <isin value="US37045XEQ51"/>
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        <curCd>USD</curCd>
        <valUSD>3581592.76000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05400000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MOBILITY GLOBAL INC</name>
        <lei>2549005RG02MFEFPS959</lei>
        <title>MOBILITY GLOBAL INC 5.05% 06/15/2029 144A</title>
        <cusip>60744MAA4</cusip>
        <identifiers>
          <isin value="US60744MAA45"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>627968.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05050000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA ARM 5.77% 8/37 #949782</title>
        <cusip>31413MUF2</cusip>
        <identifiers>
          <isin value="US31413MUF21"/>
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        <balance>585.27260000</balance>
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        <curCd>USD</curCd>
        <valUSD>604.64000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>0.06280000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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        <name>YAMAHA MOTOR MASTER TRUST II</name>
        <lei>N/A</lei>
        <title>YAMAHA MOTOR MASTER TRUST II A B 4.64% 04/15/2031 144A</title>
        <cusip>98463GAJ7</cusip>
        <identifiers>
          <isin value="US98463GAJ76"/>
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        <balance>165000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>164085.34000000</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>2031-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04640000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NATWEST GROUP PLC</name>
        <lei>2138005O9XJIJN4JPN90</lei>
        <title>NATWEST GROUP PLC 4.892%/VAR 05/18/2029</title>
        <cusip>780097BG5</cusip>
        <identifiers>
          <isin value="US780097BG51"/>
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        <balance>3170000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3188484.27000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-18</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04892000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FORD MOTOR CREDIT CO LLC</name>
        <lei>UDSQCVRUX5BONN0VY111</lei>
        <title>FORD MOTOR CREDIT CO LLC 4.97% 04/06/2029</title>
        <cusip>345397J20</cusip>
        <identifiers>
          <isin value="US345397J200"/>
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        <balance>940000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>933996.77000000</valUSD>
        <pctVal>0.019680383951</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04970000</annualizedRt>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
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      <invstOrSec>
        <name>ALLY BANK/UTAH</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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      <invstOrSec>
        <name>AUTONATION INC DEL</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA 30YR 5% 07/01/2045#FM2792</title>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>HUMANA INC</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>MORGAN STANLEY</name>
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        <cusip>61747YGB5</cusip>
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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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        <name>CARVANA AUTO RECEIVABLES TRUST 2024-N2</name>
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        <title>CARVANA AUTO RECEIVABLES TRUST 2024-N2 C 5.82% 09/10/2030 144A</title>
        <cusip>14687VAE2</cusip>
        <identifiers>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>LSEG US FIN CORP</name>
        <lei>2138007FV67QQ13CGJ43</lei>
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        <cusip>50222CAE0</cusip>
        <identifiers>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>DEXT ABS 2025-2 LLC</name>
        <lei>N/A</lei>
        <title>DEXT ABS 2025-2 A3 LLC 4.31% 04/15/2036 144A</title>
        <cusip>252153AC5</cusip>
        <identifiers>
          <isin value="US252153AC57"/>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>DEEPHAVEN RESIDENTIAL MORTGAGE TRUST 2021-2</name>
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        <cusip>24381WAC2</cusip>
        <identifiers>
          <isin value="US24381WAC29"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>KKR CLO TRUST</name>
        <lei>N/A</lei>
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        <cusip>48254QAF1</cusip>
        <identifiers>
          <isin value="US48254QAF19"/>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>SFS AUTO RECEIVABLES SECURITIZATION TRUST 2026-1</name>
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        <name>NEUBERGER BERMAN LOAN ADVISERS CLO 51 LTD</name>
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          <isin value="US64135BAW90"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>JE</invCountry>
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        <name>HUNTINGTON BANCSHARES INC/OH</name>
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        <name>TOWD POINT MORTGAGE TRUST 2024-2</name>
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        <title>TOWD POINT MORTGAGE TRUST 2 A1B VAR 12/25/2064</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <couponKind>Variable</couponKind>
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        <name>SYSTIMA CAPITAL MANAGEMENT LLC</name>
        <lei>N/A</lei>
        <title>SYSTIMA CAPITAL MANAGEMENT LLC 4.959% 12/25/2046 144A</title>
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          <isin value="US90355PAJ57"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-CBDO</assetCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FNMA GTD MTG PASS THRU CTF</name>
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        <name>UBS GROUP AG</name>
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        <name>ATHENE GLOBAL FUNDING</name>
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        <name>BX 2025-VOLT</name>
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        <name>ELEMENT FLEET MANAGEMENT CORP</name>
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        <cusip>286181AP7</cusip>
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        <curCd>USD</curCd>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>VERUS SECURITIZATION TR 2023-7</name>
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        <issuerCat>CORP</issuerCat>
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        <name>GENERAL MTRS FINL CO INC</name>
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        <cusip>37045XFE1</cusip>
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        <curCd>USD</curCd>
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        <name>ALLY BANK/UTAH</name>
        <lei>N/A</lei>
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        <cusip>02009EAD8</cusip>
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        <curCd>USD</curCd>
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          <couponKind>Fixed</couponKind>
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        <name>FED HOME LOAN MTG CORP - GOLD</name>
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        <title>FHLG 30YR 3% 06/01/2052#SD8220</title>
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        <issuerCat>USGSE</issuerCat>
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        <name>PNC FINANCIAL SERVICES GRP INC</name>
        <lei>CFGNEKW0P8842LEUIA51</lei>
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        <cusip>693475BK0</cusip>
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        <name>BX COML MTG TR 2024-SLCT</name>
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        <cusip>12433JAE0</cusip>
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          <couponKind>Variable</couponKind>
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        <name>BAXTER INTERNATIONAL INC.</name>
        <lei>J5OIVXX3P24RJRW5CK77</lei>
        <title>BAXTER INTERNATIONAL INC 2.272% 12/01/2028</title>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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          <couponKind>Fixed</couponKind>
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        <name>ADVANCED INFO SERVICE PCL</name>
        <lei>529900DU2YW1NO5RMU78</lei>
        <title>ADVANCED INFO SERVICE PCL 4.26% 03/04/2031 REGS</title>
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          <isin value="XS3308142176"/>
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        <curCd>USD</curCd>
        <valUSD>960155.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>DEUTSCHE BANK AG NEW YORK BNCH</name>
        <lei>7LTWFZYICNSX8D621K86</lei>
        <title>DEUTSCHE BANK AG NEW YORK BNCH 2.552%/VAR 01/07/2028</title>
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        <curCd>USD</curCd>
        <valUSD>2570403.86000000</valUSD>
        <pctVal>0.054161359547</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-07</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.02552000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SHERWIN WILLIAMS CO</name>
        <lei>Z15BMIOX8DDH0X2OBP21</lei>
        <title>SHERWIN WILLIAMS CO 4.55% 03/01/2028</title>
        <cusip>824348BS4</cusip>
        <identifiers>
          <isin value="US824348BS43"/>
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        <name>OBX 2020-EXP2 TR</name>
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        <name>ALLY BK MIDVALE UTAH</name>
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        <name>CARVANA AUTO RECEIVABLES TRUST 2026-P2</name>
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        <name>VERIZON MASTER TRUST</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BANK OF AMERICA CORPORATION</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <name>EFMT 2026-NQM4</name>
        <lei>N/A</lei>
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        <cusip>26846KAF5</cusip>
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        <balance>422973.70850000</balance>
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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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      <invstOrSec>
        <name>FED HOME LOAN MTG CORP - GOLD</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>AERCAP IRELAND CAPITAL DAC / AERCAP GLOBAL AVIATION TRUST</name>
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          <isin value="US00774MAE57"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>BOEING CO</name>
        <lei>RVHJWBXLJ1RFUBSY1F30</lei>
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          <isin value="US097023DP72"/>
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        <balance>2365000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>NXP B V/NXP FDG LLC/NXP USA INC</name>
        <lei>N/A</lei>
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        <cusip>62954HAX6</cusip>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03150000</annualizedRt>
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      <invstOrSec>
        <name>GNMA II GTD PASS THRU CTF MULTIPLE ISSUER</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GNII II 4.50% 7/41 #005115</title>
        <cusip>36202FVG8</cusip>
        <identifiers>
          <isin value="US36202FVG89"/>
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        <balance>184563.38000000</balance>
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        <curCd>USD</curCd>
        <valUSD>181962.09000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-07-20</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>EFMT 2024-INV2</name>
        <lei>N/A</lei>
        <title>EFMT 2024-INV2 5.289% 10/25/2069 144A</title>
        <cusip>26844LAB4</cusip>
        <identifiers>
          <isin value="US26844LAB45"/>
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        <balance>445907.90100000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>445488.44000000</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>2069-10-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05289000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FORD MOTOR CREDIT CO LLC</name>
        <lei>UDSQCVRUX5BONN0VY111</lei>
        <title>FORD MOTOR CREDIT CO LLC 5.918% 03/20/2028</title>
        <cusip>345397G72</cusip>
        <identifiers>
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        <balance>775000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>786519.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05918000</annualizedRt>
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      <invstOrSec>
        <name>EFMT 2025-INV5</name>
        <lei>254900T82T5IHROYLP59</lei>
        <title>EFMT 2025-INV5 A1 5.077% 12/01/2070 144A</title>
        <cusip>28224UAE4</cusip>
        <identifiers>
          <isin value="US28224UAE47"/>
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        <balance>518502.74000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>517271.92000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2070-12-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.05077000</annualizedRt>
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      <invstOrSec>
        <name>HARDEES FDG LLC / CARLS JR FDG LLC</name>
        <lei>N/A</lei>
        <title>HARDEES FDG LLC / CARLS JR FDG LLC 3.981% 12/20/2050 144A</title>
        <cusip>411707AH5</cusip>
        <identifiers>
          <isin value="US411707AH55"/>
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        <balance>3779351.06250000</balance>
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        <curCd>USD</curCd>
        <valUSD>3655774.22000000</valUSD>
        <pctVal>0.077031358781</pctVal>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-12-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03981000</annualizedRt>
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      <invstOrSec>
        <name>VOLKSWAGEN GROUP AMER FIN LLC</name>
        <lei>5493002SQ1AVQBY41K40</lei>
        <title>VOLKSWAGEN GROUP AMER FIN LLC 6.2% 11/16/2028 144A</title>
        <cusip>928668CB6</cusip>
        <identifiers>
          <isin value="US928668CB67"/>
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        <curCd>USD</curCd>
        <valUSD>1166439.29000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-11-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06200000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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        <name>AT and T INC</name>
        <lei>549300Z40J86GGSTL398</lei>
        <title>AT and T INC 4.1% 02/15/2028</title>
        <cusip>00206RGL0</cusip>
        <identifiers>
          <isin value="US00206RGL06"/>
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        <balance>600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>597396.40000000</valUSD>
        <pctVal>0.012587827818</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04100000</annualizedRt>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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        <name>SIERRA TIMESHARE 2025-3 RECEIVABLES FDG LLC</name>
        <lei>N/A</lei>
        <title>SIERRA TIMESHARE 2025-3A RECEIVABLES FDG LLC 3A B 4.64% 08/22/2044 144A</title>
        <cusip>82650FAB3</cusip>
        <identifiers>
          <isin value="US82650FAB31"/>
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        <balance>193857.67000000</balance>
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        <curCd>USD</curCd>
        <valUSD>191640.79000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04640000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SALESFORCE INC</name>
        <lei>RCGZFPDMRW58VJ54VR07</lei>
        <title>SALESFORCE INC 4.65% 03/15/2029</title>
        <cusip>79466LAR5</cusip>
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        <balance>4435000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4444054.45000000</valUSD>
        <pctVal>0.093641327987</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04650000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>INTEL CORP</name>
        <lei>KNX4USFCNGPY45LOCE31</lei>
        <title>INTEL CORP 3.15% 05/11/2027</title>
        <cusip>458140AX8</cusip>
        <identifiers>
          <isin value="US458140AX85"/>
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        <balance>376000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>372312.90000000</valUSD>
        <pctVal>0.007845060130</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-11</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>J P MORGAN EXCHANGE-TRADED FD TR</name>
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        <name>SFS AUTO RECEIVABLES SECURITIZATION TR 2024-1</name>
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        <name>GARTNER INC</name>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
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        <name>VERDANT RECEIVABLES 2023-1 LLC</name>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
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        <name>FED HOME LOAN MTG CORP - GOLD</name>
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        <name>TRICON RESIDENTIAL 2024-SFR2 TR</name>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
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      </invstOrSec>
      <invstOrSec>
        <name>DOUBLELINE FDS TR</name>
        <lei>54930080M2JY1L0IFX13</lei>
        <title>DoubleLine Low Duration Bond N</title>
        <cusip>258620855</cusip>
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          <isin value="US2586208553"/>
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        <curCd>USD</curCd>
        <valUSD>219899073.43000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CROWN CASTLE INC</name>
        <lei>54930012H97VSM0I2R19</lei>
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        <cusip>22822VBA8</cusip>
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          <isin value="US22822VBA89"/>
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        <balance>600000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-11</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>LLOYDS BANKING GROUP PLC</name>
        <lei>549300PPXHEU2JF0AM85</lei>
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        <cusip>53944YAZ6</cusip>
        <identifiers>
          <isin value="US53944YAZ60"/>
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        <balance>1060000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1066566.34000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-05</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.05462000</annualizedRt>
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      <invstOrSec>
        <name>WHEELS FLEET LEASE FUNDING 1 LLC</name>
        <lei>549300BSFY0E0XXREF43</lei>
        <title>WHEELS FLEET LEASE FUNDING 1 LLC TSFR1M+67 01/18/2040 144A</title>
        <cusip>96328GCF2</cusip>
        <identifiers>
          <isin value="US96328GCF28"/>
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        <balance>2143400.42000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2146776.06000000</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>2040-01-18</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04295060</annualizedRt>
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      <invstOrSec>
        <name>HUMANA INC</name>
        <lei>529900YLDW34GJAO4J06</lei>
        <title>HUMANA INC 5.75% 03/01/2028</title>
        <cusip>444859BU5</cusip>
        <identifiers>
          <isin value="US444859BU54"/>
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        <balance>635000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>647188.16000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05750000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BOOZ ALLEN AND HAMILTON INC</name>
        <lei>549300D7XCH2480XU542</lei>
        <title>BOOZ ALLEN AND HAMILTON INC 3.875% 09/01/2028 144A</title>
        <cusip>09951LAA1</cusip>
        <identifiers>
          <isin value="US09951LAA17"/>
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        <balance>3293000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3222648.41000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03875000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>OBX 2026-NQM5 TR</name>
        <lei>254900U0G1G2KQEUQ447</lei>
        <title>OBX 2026-NQM5 TRUST VAR 01/25/2066 144A</title>
        <cusip>67124DAF8</cusip>
        <identifiers>
          <isin value="US67124DAF87"/>
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        <balance>737251.50000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>736745.60000000</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>2066-01-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.05321000</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>OZLM XIX LTD</name>
        <lei>N/A</lei>
        <title>OZLM XIX LTD 19A A1R3 TSFR3M+100 01/15/2035 144A</title>
        <cusip>67112CBN6</cusip>
        <identifiers>
          <isin value="US67112CBN65"/>
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        <balance>2155000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2153995.77000000</valUSD>
        <pctVal>0.045387163152</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-01-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04673100</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>ZAXBY'S FUNDING LLC</name>
        <lei>N/A</lei>
        <title>ZAXBY'S FUNDING LLC 21-1A A2 3.238% 07/30/2051 144A</title>
        <cusip>98920MAA0</cusip>
        <identifiers>
          <isin value="US98920MAA09"/>
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        <balance>733425.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>698466.44000000</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>2051-07-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03238000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FIRSTENERGY TRANSMISSION LLC</name>
        <lei>549300AINIIPOLYX2R63</lei>
        <title>FIRSTENERGY TRANSMISSION LLC 2.866% 09/15/2028 144A</title>
        <cusip>33767BAD1</cusip>
        <identifiers>
          <isin value="US33767BAD10"/>
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        <balance>168000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>161673.79000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>DEXT ABS 2025-1 LLC</name>
        <lei>N/A</lei>
        <title>DEXT ABS 2025-1 LLC 5.65% 02/15/2036 144A</title>
        <cusip>252154AF6</cusip>
        <identifiers>
          <isin value="US252154AF61"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2854727.19000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05650000</annualizedRt>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BAIRD FDS INC</name>
        <lei>5493001CJOVRFMYFIJ62</lei>
        <title>Baird Short-Term Bond Inst</title>
        <cusip>057071409</cusip>
        <identifiers>
          <isin value="US0570714099"/>
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        <balance>46253728.57300000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>438947884.16000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>JP MORGAN MORTGAGE TRUST SERIES 2025-NQM3</name>
        <lei>N/A</lei>
        <title>JP MORGAN MORTGAGE TRUST SERIES 2025-NQM3 5.495% 11/25/2065 144A</title>
        <cusip>46659QAC3</cusip>
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          <isin value="US46659QAC33"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>594363.30000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05495000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>DTE ELEC CO</name>
        <lei>9N0FWODEJVKHC2DYLO03</lei>
        <title>DTE ELEC CO 4.25% 05/14/2027</title>
        <cusip>23338VAW6</cusip>
        <identifiers>
          <isin value="US23338VAW63"/>
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        <balance>474000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>474923.54000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04250000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HYUNDAI CAPITAL AMERICA</name>
        <lei>549300RIPPWJB5Z0FK07</lei>
        <title>HYUNDAI CAP AMER 4.25% 01/08/2029 144A</title>
        <cusip>44891AED5</cusip>
        <identifiers>
          <isin value="US44891AED54"/>
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        <balance>910000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>899964.42000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04250000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>OBX 2020-EXP1 TR</name>
        <lei>N/A</lei>
        <title>OBX 2020-EXP1 TR TSFR1M+106.448 02/25/2060 144A</title>
        <cusip>67448TBF1</cusip>
        <identifiers>
          <isin value="US67448TBF12"/>
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        <balance>83741.07400000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>82844.41000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2060-02-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04648800</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>US BANCORP DEL</name>
        <lei>N1GZ7BBF3NP8GI976H15</lei>
        <title>US BANCORP DEL 5.775%/VAR 06/12/2029</title>
        <cusip>91159HJM3</cusip>
        <identifiers>
          <isin value="US91159HJM34"/>
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        <balance>2400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2458824.24000000</valUSD>
        <pctVal>0.051810248887</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-12</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.05775000</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>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>CARVANA AUTO RECEIVABLES TR 2022-N1</name>
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      <invstOrSec>
        <name>NEW RESIDENTIAL MORTGAGE LOAN TRUST 2025-NQM4</name>
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        <fairValLevel>2</fairValLevel>
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        <name>DEEPHAVEN RESIDENTIAL MTG TR 2021-1</name>
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        <cusip>24380VAB7</cusip>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ING GROEP NV</name>
        <lei>549300NYKK9MWM7GGW15</lei>
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        <cusip>456837BB8</cusip>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-28</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04017000</annualizedRt>
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      <invstOrSec>
        <name>AERCAP IRELAND CAPITAL DAC / AERCAP GLOBAL AVIATION TRUST</name>
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          <isin value="US00774MBT18"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>NXP B V/NXP FDG LLC/NXP USA INC</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04300000</annualizedRt>
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      <invstOrSec>
        <name>VOLKSWAGEN GROUP AMER FIN LLC</name>
        <lei>5493002SQ1AVQBY41K40</lei>
        <title>VOLKSWAGEN GROUP AMER FIN LLC 4.75% 11/13/2028 144A</title>
        <cusip>928668AU6</cusip>
        <identifiers>
          <isin value="US928668AU66"/>
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        <curCd>USD</curCd>
        <valUSD>869443.03000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04750000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>WELLS FARGO and CO</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
        <title>WELLS FARGO and CO NEW 6.303%/VAR 10/23/2029</title>
        <cusip>95000U3G6</cusip>
        <identifiers>
          <isin value="US95000U3G61"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2076843.48000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>BX COMMERCIAL MORTGAGE TRUST 2026-XL6</name>
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        <title>BX COMMERCIAL MORTGAGE TRUST 2026-XL6 TSFR1M+130 03/15/2043 144A</title>
        <cusip>12433NAA9</cusip>
        <identifiers>
          <isin value="US12433NAA90"/>
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        <balance>889500.50000000</balance>
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        <curCd>USD</curCd>
        <valUSD>888388.62000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <name>AMERICAN TOWER CORP</name>
        <lei>5493006ORUSIL88JOE18</lei>
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        <curCd>USD</curCd>
        <valUSD>972295.28000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <name>ELLINGTON FINL MTG TR 2019-2</name>
        <lei>N/A</lei>
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        <cusip>31573TAC2</cusip>
        <identifiers>
          <isin value="US31573TAC27"/>
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        <curCd>USD</curCd>
        <valUSD>23955.87000000</valUSD>
        <pctVal>0.000504777676</pctVal>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03046000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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        <name>BAT CAPITAL CORP</name>
        <lei>2138005GYEXN7XRHFA84</lei>
        <title>BAT CAPITAL CORP 2.259% 03/25/2028</title>
        <cusip>05526DBR5</cusip>
        <identifiers>
          <isin value="US05526DBR52"/>
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        <balance>2700000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2597648.18000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02259000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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        <name>ENEL FINANCE INTL NV</name>
        <lei>0YQH6LCEF474UTUV4B96</lei>
        <title>ENEL FINANCE INTL NV STEP 07/12/2026 144A</title>
        <cusip>29278GAM0</cusip>
        <identifiers>
          <isin value="US29278GAM06"/>
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        <curCd>USD</curCd>
        <valUSD>1599665.20000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-07-12</maturityDt>
          <couponKind>Variable</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>VOLKSWAGEN GROUP AMER FIN LLC</name>
        <lei>5493002SQ1AVQBY41K40</lei>
        <title>VOLKSWAGEN GROUP AMER FIN LLC 5.05% 03/27/2028 144A</title>
        <cusip>928668CP5</cusip>
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          <isin value="US928668CP53"/>
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        <curCd>USD</curCd>
        <valUSD>2836970.87000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-03-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05050000</annualizedRt>
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        <name>HYUNDAI AUTO LEASE SECURITIZATION TR 2025-C</name>
        <lei>N/A</lei>
        <title>HYUNDAI AUTO LEASE SECURITIZATION TR 2025-C A3 4.36% 07/17/2028 144A</title>
        <cusip>44935GAD4</cusip>
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          <isin value="US44935GAD43"/>
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        <curCd>USD</curCd>
        <valUSD>1701338.41000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04360000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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        <name>MARVELL TECHNOLOGY INC</name>
        <lei>254900WVU0BM7ZCJ9E93</lei>
        <title>MARVELL TECHNOLOGY INC 4.75% 07/15/2030</title>
        <cusip>573874AR5</cusip>
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          <isin value="US573874AR57"/>
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        <balance>645000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>647030.60000000</valUSD>
        <pctVal>0.013633677380</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <name>BAIRD FDS INC</name>
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        <name>PEAC SOLUTIONS RECEIVABLES 2025-1 LLC</name>
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        <name>ELLINGTON FINANCIAL MORTGAGE TRUST 2021-3</name>
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        <name>GABX LEASING LLC</name>
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        <name>STELLANTIS FINANCIAL UNDERWRITTEN ENHANCED LEASE TRUST 2025-C</name>
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        <title>STELLANTIS FINANCIAL UNDERWRITTEN ENHANCED LEASE TRUST 2025-CA A3 4.41% 04/20/2029 144A</title>
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        <name>GOLDMAN SACHS GROUP INC (THE)</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA 6.00% 6/36 #190370</title>
        <cusip>31368HMT7</cusip>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>REGAL REXNORD CORP</name>
        <lei>QH78R09VCJGQKPBPYU33</lei>
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        <issuerCat>CORP</issuerCat>
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        <name>AVOLON HOLDINGS FUNDING LTD</name>
        <lei>635400ZRKEX9L1BKCH30</lei>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>CHENANGO PARK CLO LTD</name>
        <lei>N/A</lei>
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        <cusip>16409TAS8</cusip>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Variable</couponKind>
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        <name>LLOYDS BANKING GROUP PLC</name>
        <lei>549300PPXHEU2JF0AM85</lei>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <name>AUTONATION FINANCE TRUST 2025-1</name>
        <lei>N/A</lei>
        <title>AUTONATION FINANCE TRUST 2025-1 4.72% 04/10/2028 144A</title>
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        <name>EFMT 2025-INV2</name>
        <lei>254900ZO1GLQXE3JWX68</lei>
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        <cusip>281914AA9</cusip>
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        <curCd>USD</curCd>
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        <name>WIND RIV 2022-1 CLO LTD / WIND RIV</name>
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        <cusip>97316YBE9</cusip>
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        <curCd>USD</curCd>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Variable</couponKind>
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        <name>STRATUS FUNDING CLO 2025-1 LTD</name>
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        <title>STRATUS FUNDING CLO 2025-1 LTD B TSFR3M+ 07/15/2033 144A</title>
        <cusip>863163AE1</cusip>
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          <isin value="US863163AE16"/>
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        <curCd>USD</curCd>
        <valUSD>619973.96000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>CELANESE US HLDGS LLC</name>
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        <name>PIMCO ETF TR</name>
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        <name>VERUS SECURITIZATION TR 2026-R2</name>
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      <invstOrSec>
        <name>FED HOME LOAN MTG CORP - GOLD</name>
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        <name>SEMPRA</name>
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          <couponKind>Fixed</couponKind>
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        <name>FED HOME LOAN MTG CORP - GOLD</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
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        <name>BAYVIEW OPPORTUNITY MASTER FUND VII 2024-CAR1 LLC</name>
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        <title>BAYVIEW OPPORTUNITY MASTER FUND VII 2024-CAR1 LLC SOFR30A+110 12/26/2031 144A</title>
        <cusip>07336QAA0</cusip>
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        <issuerCat>CORP</issuerCat>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>BLUEMOUNTAIN CLO 2018-3 LTD / BLUEMOUNTAIN CLO 2018-3 LLC</name>
        <lei>N/A</lei>
        <title>BLUEMOUNTAIN CLO 2018-3 LTD / BLUEMOUNTAIN CLO 2018-3 LLC A1R TSFR3M+119 10/25/2030 144A</title>
        <cusip>09630AAN6</cusip>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
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          <couponKind>Variable</couponKind>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA 6.00% 12/34 #735115</title>
        <cusip>31402QVG3</cusip>
        <identifiers>
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        <curCd>USD</curCd>
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        <issuerCat>USGSE</issuerCat>
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          <couponKind>Fixed</couponKind>
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        <name>WORKDAY INC</name>
        <lei>549300J0DYC0N31V7G13</lei>
        <title>WORKDAY INC 3.5% 04/01/2027</title>
        <cusip>98138HAG6</cusip>
        <identifiers>
          <isin value="US98138HAG65"/>
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        <balance>525000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03500000</annualizedRt>
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        <name>BANK OF NEW YORK MELLON EMPLOYEE BENEFIT COLLECTIVE INVT FD PLAN.</name>
        <lei>529900KCRBNFPP0PPX80</lei>
        <title>Morgan Stanley Instl Ultr-Shrt Inc IR</title>
        <cusip>617455696</cusip>
        <identifiers>
          <isin value="US6174556968"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
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        <name>IQVIA INC</name>
        <lei>549300PLWY28YB00C717</lei>
        <title>IQVIA INC 5.7% 05/15/2028</title>
        <cusip>46266TAC2</cusip>
        <identifiers>
          <isin value="US46266TAC27"/>
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        <balance>1720000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1749635.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <debtSec>
          <maturityDt>2028-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05700000</annualizedRt>
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        <name>REVVITY INC</name>
        <lei>549300IKL1SDPFI7N655</lei>
        <title>REVVITY INC 1.9% 09/15/2028</title>
        <cusip>714046AM1</cusip>
        <identifiers>
          <isin value="US714046AM14"/>
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        <balance>1504000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1416266.97000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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          <maturityDt>2028-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01900000</annualizedRt>
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        <name>HILTON GRAND VACATIONS TRUST 2023-1A</name>
        <lei>N/A</lei>
        <title>HILTON GRAND VACATIONS TRUST 2023-1A C 6.94% 01/25/2038 144A</title>
        <cusip>432917AC6</cusip>
        <identifiers>
          <isin value="US432917AC60"/>
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        <balance>73604.06000000</balance>
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        <curCd>USD</curCd>
        <valUSD>75494.97000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06940000</annualizedRt>
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        <name>PENSKE TRUCK LEASING CO L P / PTL FIN CORP</name>
        <lei>N/A</lei>
        <title>PENSKE TRUCK LEASING CO LP /CORP 1.7% 06/15/2026 144A</title>
        <cusip>709599BM5</cusip>
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          <isin value="US709599BM55"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>363618.99000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01700000</annualizedRt>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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        <name>FISERV INC</name>
        <lei>GI7UBEJLXYLGR2C7GV83</lei>
        <title>FISERV INC 3.5% 07/01/2029</title>
        <cusip>337738AU2</cusip>
        <identifiers>
          <isin value="US337738AU25"/>
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        <balance>1300000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1250608.32000000</valUSD>
        <pctVal>0.026351752705</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>AMRIZE FINANCE US LLC</name>
        <lei>529900FB2F1WKLFNGY62</lei>
        <title>AMRIZE FINANCE US LLC 4.7% 04/07/2028</title>
        <cusip>43475RAQ9</cusip>
        <identifiers>
          <isin value="US43475RAQ92"/>
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        <balance>2575000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2581906.54000000</valUSD>
        <pctVal>0.054403734217</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-07</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04700000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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        <name>FANNIE MAE</name>
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        <name>NEW RESIDENTIAL MTG LN TR 2026-NQM6</name>
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        <name>DELL EQUIPMENT FINANCE TRUST 2023-3</name>
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        <name>SFAST 2025-1A</name>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
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        <name>AERCAP IRELAND CAPITAL DAC / AERCAP GLOBAL AVIATION TRUST</name>
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        <name>TCO COML MTG TR 2024-DPM</name>
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        <name>DLLST 2024-1 LLC</name>
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        <name>GENERAL MTRS FINL CO INC</name>
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        <name>HILTON GRAND VACATIONS TRUST 2023-1A</name>
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        <name>HPEFS EQUIPMENT TRUST 2023-2</name>
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        <name>ANTHELION CLO 2025-1 LTD</name>
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        <name>EXTENDED STAY AMERICA TRUST 2025-ESH</name>
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        <name>GNMA II GTD PASS THRU CTF MULTIPLE ISSUER</name>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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      <invstOrSec>
        <name>FORD MOTOR CREDIT CO LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>GNMA II GTD PASS THRU CTF MULTIPLE ISSUER</name>
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        <name>ANGEL OAK MORTGAGE TRUST 2021-1</name>
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        <name>BETHP 2021</name>
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        <name>WELLS FARGO and CO</name>
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        <name>VERUS SECURITIZATION TRUST 2025-7</name>
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        <name>UST NOTES</name>
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        <name>JPMORGAN CHASE and CO</name>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
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        <name>EXETER SELECT AUTOMOBILE RECEIVABLES TR 2025-1</name>
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        <name>NASSAU 2020-I LTD</name>
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        <name>CLIP 2026-NQM1 TR</name>
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          <couponKind>Variable</couponKind>
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        <name>UBS AG STAMFORD BRH</name>
        <lei>254900R882POXXVAK772</lei>
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        <name>FREDDIE MAC STACR REMIC TRUST 2024-HQA1</name>
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        <name>INTEL CORP</name>
        <lei>KNX4USFCNGPY45LOCE31</lei>
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        <issuerCat>CORP</issuerCat>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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        <name>NATWEST MARKETS PLC</name>
        <lei>RR3QWICWWIPCS8A4S074</lei>
        <title>NATWEST MARKETS PLC 4.654% 03/27/2029 144A</title>
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        <name>EXETER AUTOMOBILE RECEIVABLES TR 2025-4</name>
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        <name>GNMA GUARANTEED PASS THRU CERT</name>
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        <name>GOLDMAN SACHS GROUP INC (THE)</name>
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        <name>EXTRA SPACE STORAGE LP</name>
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        <name>BX TRUST 2026-CIP</name>
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        <name>GALTON FDG MTG TR 2020-H1</name>
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        <name>CARMAX AUTO OWNER TR 2024-2</name>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
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        <name>FED HOME LOAN MTG CORP - GOLD</name>
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        <name>BENCHMARK 2024-V6 MTG TR</name>
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        <name>EFMT 2025-NQM6</name>
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        <name>BANCO SANTANDER SA</name>
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        <name>ATHENE GLOBAL FUNDING</name>
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        <name>FIDELITY NATIONAL INFORMATION SERVICES INC</name>
        <lei>6WQI0GK1PRFVBA061U48</lei>
        <title>FIDELITY NATL INFORMN SVCS INC 4.55% 03/10/2029</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>HSBC HOLDINGS PLC</name>
        <lei>MLU0ZO3ML4LN2LL2TL39</lei>
        <title>HSBC HOLDINGS PLC 7.39%/VAR 11/03/2028</title>
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          <isin value="US404280DR76"/>
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        <curCd>USD</curCd>
        <valUSD>2076647.88000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-03</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.07390000</annualizedRt>
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      <invstOrSec>
        <name>CHICAGO BOARD OF TRADE</name>
        <lei>549300EX04Q2QBFQTQ27</lei>
        <title>US ULTRA BOND CBT FUT SEP26 WNU6</title>
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        <identifiers>
          <ticker value="WNU6"/>
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        <units>NC</units>
        <curCd>USD</curCd>
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        <assetCat>DIR</assetCat>
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        <fairValLevel>1</fairValLevel>
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          <futrDeriv derivCat="FUT">
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      <invstOrSec>
        <name>MARATHON PETROLEUM CORP</name>
        <lei>3BNYRYQHD39K4LCKQF12</lei>
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        <cusip>56585ABD3</cusip>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>VERUS SECURITIZATION TRUST 2021-2</name>
        <lei>N/A</lei>
        <title>VERUS SECURITIZATION TRUST 2021-2 A1 1.031% 02/25/2066 144A</title>
        <cusip>92538FAA2</cusip>
        <identifiers>
          <isin value="US92538FAA21"/>
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        <balance>160228.06000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-CBDO</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2066-02-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01031000</annualizedRt>
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      <invstOrSec>
        <name>GOLDMAN SACHS GROUP INC (THE)</name>
        <lei>784F5XWPLTWKTBV3E584</lei>
        <title>GOLDMAN SACHS GROUP INC (THE) 1.542%/VAR 09/10/2027</title>
        <cusip>38141GYG3</cusip>
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          <isin value="US38141GYG36"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>OCWEN LOAN INVESTMENT TRUST</name>
        <lei>N/A</lei>
        <title>OCWEN LOAN INVESTMENT TRUST HB1 A VAR 06/25/2038 144A</title>
        <cusip>68278EAA9</cusip>
        <identifiers>
          <isin value="US68278EAA91"/>
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        <balance>238596.11000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>DRIVE 2025-1 A2</name>
        <lei>N/A</lei>
        <title>DRIVE 2025-1 A2 5.05% 08/15/2028</title>
        <cusip>262102AB2</cusip>
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          <isin value="US262102AB26"/>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>NAVIENT REFINANCE LOAN TRUST 2026-A</name>
        <lei>N/A</lei>
        <title>NAVIENT REFINANCE LOAN TRUST 2026-A 4.5% 01/18/2056 144A</title>
        <cusip>63943HAA8</cusip>
        <identifiers>
          <isin value="US63943HAA86"/>
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        <balance>395144.73000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>388397.67000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <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>BAYVIEW OPPORTUNITY MASTER FD VII 2025-EDU1 LLC</name>
        <lei>2549001VJ64UFK8PZA41</lei>
        <title>BAYVIEW OPPORTUNITY MASTER FD VII 2025-EDU1 LLC SOFR30A+130 07/27/2048 144A</title>
        <cusip>07337GAA1</cusip>
        <identifiers>
          <isin value="US07337GAA13"/>
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        <curCd>USD</curCd>
        <valUSD>271878.90000000</valUSD>
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        <issuerCat>CORP</issuerCat>
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          <maturityDt>2048-07-27</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>DELL INTERNATIONAL LLC / EMC CORP</name>
        <lei>N/A</lei>
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        <cusip>24703TAE6</cusip>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP</name>
        <lei>4NYF266XZC35SCTGX023</lei>
        <title>NATIONAL RURAL UTL COOP FIN 4.05% 02/09/2029</title>
        <cusip>63743HGE6</cusip>
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          <couponKind>Fixed</couponKind>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
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        <name>MARVELL TECHNOLOGY INC</name>
        <lei>254900WVU0BM7ZCJ9E93</lei>
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        <cusip>573874AN4</cusip>
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        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>SYMPHONY CLO 43 LTD</name>
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        <cusip>87170BAU0</cusip>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>KUBOTA CREDIT OWNER TRUST 2024-2</name>
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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>HUNTINGTON NATIONAL BANK</name>
        <lei>2WHM8VNJH63UN14OL754</lei>
        <title>HUNTINGTON NATL BK COLUMBUS OH 4.957% 03/21/2033 144A</title>
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        <balance>688107.33000000</balance>
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        <curCd>USD</curCd>
        <valUSD>689708.56000000</valUSD>
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        <name>HILTON GRAND VACATIONS TRUST 2025-1</name>
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        <name>AFFRM 2026-X1</name>
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        <name>AIMCO CLO SER 2018-B / AIMCO CLO SER 2018-B LLC</name>
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        <name>WORLD OMNI SELECT AUTO TR 2023-A</name>
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        <name>OHA CREDIT FUNDING 22 LTD</name>
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        <name>HEWLETT PACKARD ENTERPRISE CO</name>
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        <name>CITIGROUP MTG LN TR 2020-EXP2</name>
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        <name>GLENCORE FDG LLC</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>BINOM SECURITIZATION TRUST 2021-INV1</name>
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        <cusip>05552UAC8</cusip>
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        <name>GNMA II GTD PASS THRU CTF MULTIPLE ISSUER</name>
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        <cusip>36179TQS7</cusip>
        <identifiers>
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        <name>ATHENE GLOBAL FUNDING</name>
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          <couponKind>Fixed</couponKind>
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        <name>NXP B V/NXP FDG LLC/NXP USA INC</name>
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        <name>CONNECTICUT AVENUE SECURITIES TRUST 2025-R03</name>
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        <title>CONNECTICUT AVENUE SECURITIES TRUST 2025-R03 SOFR30A+145 03/25/2045 144A</title>
        <cusip>20754VAA5</cusip>
        <identifiers>
          <isin value="US20754VAA52"/>
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        <name>SDR COML MTG TR 2024-DSNY</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <name>SEQUOIA MTG TR 2018-CH2</name>
        <lei>N/A</lei>
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        <issuerCat>CORP</issuerCat>
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          <couponKind>Fixed</couponKind>
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        <name>NMEF FDG 2025-B LLC</name>
        <lei>N/A</lei>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <debtSec>
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          <couponKind>Fixed</couponKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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        <name>BNP PARIBAS</name>
        <lei>R0MUWSFPU8MPRO8K5P83</lei>
        <title>BNP PARIBAS 4.792%/VAR 05/09/2029 144A</title>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>DELL EQUIP FIN TR 2025-1</name>
        <lei>N/A</lei>
        <title>DELL EQUIP FIN TR 2025-1 C 5.25% 02/24/2031 144A</title>
        <cusip>24703UAJ2</cusip>
        <identifiers>
          <isin value="US24703UAJ25"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>COLT 2026-3 MTG LN TR</name>
        <lei>N/A</lei>
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          <isin value="US19689GAF90"/>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
          <annualizedRt>0.05119000</annualizedRt>
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      <invstOrSec>
        <name>ALLY BANK/UTAH</name>
        <lei>N/A</lei>
        <title>ALLY BANK/UTAH 4.976% 03/15/2034 144A</title>
        <cusip>02009EAC0</cusip>
        <identifiers>
          <isin value="US02009EAC03"/>
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        <balance>575000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>575326.83000000</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>2034-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>GNMA II GTD PASS THRU CTF MULTIPLE ISSUER</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GNII II 5% 05/01/2048#MA5194</title>
        <cusip>36179TXX8</cusip>
        <identifiers>
          <isin value="US36179TXX89"/>
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        <balance>13961.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
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        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>BINOM MORTGAGE LOAN TRUST 2026-NQM1</name>
        <lei>N/A</lei>
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        <cusip>09055CAE8</cusip>
        <identifiers>
          <isin value="US09055CAE84"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <name>BINOM SECURITIZATION TRUST 2021-INV1</name>
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        <title>BINOM SECURITIZATION TRUST 2021-INV1 A2 2.37% 06/25/2056 144A</title>
        <cusip>05552UAB0</cusip>
        <identifiers>
          <isin value="US05552UAB08"/>
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        <curCd>USD</curCd>
        <valUSD>586329.05000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <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>BX 2026-CLS</name>
        <lei>N/A</lei>
        <title>BX 2026-CLS B TSFR1M+ 05/15/2031 144A</title>
        <cusip>123915AC4</cusip>
        <identifiers>
          <isin value="US123915AC42"/>
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        <balance>185000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>185115.48000000</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>0.05327090</annualizedRt>
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      <invstOrSec>
        <name>CONAGRA BRANDS INC</name>
        <lei>54930035UDEIH090K650</lei>
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        <cusip>205887AR3</cusip>
        <identifiers>
          <isin value="US205887AR36"/>
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        <balance>630000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>660087.66000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>KEURIG DR PEPPER INC</name>
        <lei>DYTQ8KRTKO7Y2BVU5K74</lei>
        <title>KEURIG DR PEPPER INC 4.35% 05/15/2028</title>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>AVIS BUDGET RENT CAR FDG AESOP LLC</name>
        <lei>IHXLB8SL0QWSSG2VG640</lei>
        <title>AVIS BUDGET RENTCAR FDG AE LLC 4.46% 02/20/2030 144A</title>
        <cusip>05377RKX1</cusip>
        <identifiers>
          <isin value="US05377RKX16"/>
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        <balance>175000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>172340.30000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-02-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04460000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>DLLAD LLC</name>
        <lei>N/A</lei>
        <title>DLLAD LLC 4.46% 11/20/2028 144A</title>
        <cusip>23347BAB5</cusip>
        <identifiers>
          <isin value="US23347BAB53"/>
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        <balance>1283790.52000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1287114.90000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04460000</annualizedRt>
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      <invstOrSec>
        <name>DELL EQUIPMENT FINANCE TRUST 24-1</name>
        <lei>N/A</lei>
        <title>DELL EQUIPMENT FINANCE TRUST 24-1 D 6.12% 09/23/2030 144A</title>
        <cusip>24702GAL9</cusip>
        <identifiers>
          <isin value="US24702GAL95"/>
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        <balance>425000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>428285.55000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CVS HEALTH CORP</name>
        <lei>549300EJG376EN5NQE29</lei>
        <title>CVS HEALTH CORP 2.875% 06/01/2026</title>
        <cusip>126650CU2</cusip>
        <identifiers>
          <isin value="US126650CU24"/>
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        <curCd>USD</curCd>
        <valUSD>733000.00000000</valUSD>
        <pctVal>0.015445151311</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02875000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>EFMT 2026-NQM4</name>
        <lei>N/A</lei>
        <title>EFMT 2026-NQM4 A2 5.669% 04/25/2071 144A</title>
        <cusip>26846KAJ7</cusip>
        <identifiers>
          <isin value="US26846KAJ79"/>
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        <curCd>USD</curCd>
        <valUSD>2565967.86000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2071-04-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05669000</annualizedRt>
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        <securityLending>
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        <name>SBA TOWER TR</name>
        <lei>N/A</lei>
        <title>SBA TOWER TR 4.831% 10/15/2029 144A</title>
        <cusip>78403DBD1</cusip>
        <identifiers>
          <isin value="US78403DBD12"/>
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        <balance>2245000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2242522.42000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04831000</annualizedRt>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FED HOME LOAN MTG CORP - GOLD</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FHLG 30YR 6% 10/01/2054#SD7360</title>
        <cusip>3132DVE92</cusip>
        <identifiers>
          <isin value="US3132DVE922"/>
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        <balance>180600.04000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>185855.63000000</valUSD>
        <pctVal>0.003916191442</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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        <name>EXETER AUTOMOBILE RECEIVABLES TRUST</name>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
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        <name>TOWD PT MTG TR 2026-1</name>
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        <name>DLLMT 2026-1 LLC</name>
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        <name>CHESAPEAKE FUNDING II LLC</name>
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        <name>MORGAN STANLEY CAP I TR 2018-BOP</name>
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        <name>SBA TOWER TR</name>
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        <name>ERAC USA FIN LLC</name>
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        <name>DRYDEN 45 SENIOR LOAN FUND</name>
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        <name>DRYDEN 68 CLO LTD</name>
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        <name>CONNECTICUT AVENUE SECURITIES TRUST 2026-R03</name>
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        <name>WIND RIV 2022-1 CLO LTD / WIND RIV</name>
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        <name>AVIS BUDGET RENT CAR FDG AESOP LLC</name>
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        <issuerCat>CORP</issuerCat>
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        <name>JACK IN THE BOX FUNDING LLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>DAIMLER TRUCKS FINANCE NORTH AMERICA LLC</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BX COML MTG TR 2026-CSMO</name>
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        <cusip>12433LAE5</cusip>
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        <name>HUMANA INC</name>
        <lei>529900YLDW34GJAO4J06</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>BX COML MTG TR 2024-MDHS</name>
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        <name>FED HOME LOAN MTG CORP - GOLD</name>
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        <fairValLevel>2</fairValLevel>
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        <name>NYMT LN TR 2026-INV2</name>
        <lei>2549001JUTCEW5MVCO42</lei>
        <title>NYMT LN TR 2026-INV2 VAR 04/25/2061 144A</title>
        <cusip>62957XAE0</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>CONAGRA BRANDS INC</name>
        <lei>54930035UDEIH090K650</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>OSS 2024-H6 MTG TR</name>
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          <couponKind>Fixed</couponKind>
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        <name>SFS AUTO RECEIVABLES SECURITIZATION TRUST 2025-2</name>
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        <title>SFS AUTO RECEIVABLES SECURITIZATION TRUST 2025-2A A2 4.85% 11/20/2028 144A</title>
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        <name>DEUTSCHE BANK AG NEW YORK BNCH</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <name>UST NOTES</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>UST NOTES 3.875% 06/15/2028</title>
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        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>COLUMBIA PIPELINES HOLDING CO LLC</name>
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        <name>MORGAN STANLEY</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <name>IMPERIAL FUND MORTGAGE TRUST 2021-NQM2</name>
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        <name>FIRSTENERGY TRANSMISSION LLC</name>
        <lei>549300AINIIPOLYX2R63</lei>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA 30YR 5% 11/01/2055#CC1401</title>
        <cusip>3140Y7RX8</cusip>
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          <isin value="US3140Y7RX84"/>
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        <balance>331187.30000000</balance>
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        <name>FED HOME LOAN MTG CORP - GOLD</name>
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        <name>CARVANA AUTO RECEIVABLES TRUST 2025-P3</name>
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        <name>MVWOT 2023-2A</name>
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        <name>ELARA HGV TIMESHARE ISSUER 2025-A LLC</name>
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        <name>MA'ADEN SUKUK LTD</name>
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        <name>NYC TRUST 2026-9W57</name>
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        <name>QNB FINANCE LTD</name>
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        <name>FORD CR AUTO OWNER TR 2021-REV2</name>
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        <name>EXETER SELECT AUTOMOBILE RECEIVABLES TR 2025-2</name>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
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        <title>FNMA 6.50% 7/32 #545759</title>
        <cusip>31385JJC3</cusip>
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          <isin value="US31385JJC36"/>
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        <balance>12047.27800000</balance>
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        <curCd>USD</curCd>
        <valUSD>12514.21000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>GS MTG-BACKED SECS TR 2014-EB1</name>
        <lei>N/A</lei>
        <title>GS MTG-BACKED SECS TR 2014-EB1A 2A1 CSTR 07/25/2044 144A</title>
        <cusip>36250BAE6</cusip>
        <identifiers>
          <isin value="US36250BAE65"/>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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      </invstOrSec>
      <invstOrSec>
        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA ARM RFT1Y+183 8 4/38 #956679</title>
        <cusip>31413VJY4</cusip>
        <identifiers>
          <isin value="US31413VJY48"/>
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        <curCd>USD</curCd>
        <valUSD>4666.77000000</valUSD>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>BAT INTERNATIONAL FINANCE PLC</name>
        <lei>21380041YBGOQDFAC823</lei>
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        <identifiers>
          <isin value="US05530QAP54"/>
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        <balance>2975000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-16</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ING GROEP NV</name>
        <lei>549300NYKK9MWM7GGW15</lei>
        <title>ING GROEP NV 4.803%/VAR 03/23/2032</title>
        <cusip>456837BU6</cusip>
        <identifiers>
          <isin value="US456837BU63"/>
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        <balance>2920000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-03-23</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04803000</annualizedRt>
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      <invstOrSec>
        <name>PALMER SQUARE LN FDG 2025-2 LTD / PALMER SQUARE LN FDG 2025-2 LLC</name>
        <lei>N/A</lei>
        <title>PALMER SQUARE LN FDG LTD 2025-2A A1 TSFR3M+94 07/15/2033 144A</title>
        <cusip>69704AAA9</cusip>
        <identifiers>
          <isin value="US69704AAA97"/>
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        <curCd>USD</curCd>
        <valUSD>2251819.31000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-07-15</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>DELL EQUIPMENT FINANCE TRUST 24-1</name>
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        <title>DELL EQUIPMENT FINANCE TRUST 24-1 5.73% 03/22/2030 144A</title>
        <cusip>24702GAJ4</cusip>
        <identifiers>
          <isin value="US24702GAJ40"/>
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        <curCd>USD</curCd>
        <valUSD>1132814.70000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-03-22</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>STATE BANK OF INDIA LONDON BRANCH</name>
        <lei>5493001JZ37UBBZF6L49</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2281373089"/>
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        <balance>1850000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1844602.37000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01800000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ENTERPRISE FLEET FINANCING LLC 2024-1</name>
        <lei>N/A</lei>
        <title>ENTERPRISE FLEET FINANCING LLC 2024-1 5.23% 03/20/2030 144A</title>
        <cusip>29375PAB6</cusip>
        <identifiers>
          <isin value="US29375PAB67"/>
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        <balance>914525.78000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>918898.04000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05230000</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>BARCLAYS PLC</name>
        <lei>213800LBQA1Y9L22JB70</lei>
        <title>BARCLAYS PLC 5.086%/VAR 02/25/2029</title>
        <cusip>06738ECX1</cusip>
        <identifiers>
          <isin value="US06738ECX13"/>
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        <balance>1085000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1093456.35000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.05086000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>MASSMUTUAL GLOBAL FDG II</name>
        <lei>549300K1IE3K7YU6VG29</lei>
        <title>MASSMUTUAL GLOBAL FDG II 4% 01/22/2029 144A</title>
        <cusip>57629TCB1</cusip>
        <identifiers>
          <isin value="US57629TCB17"/>
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        <balance>788000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>778803.32000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>EQUITABLE AMERICA GLOBAL FUNDING</name>
        <lei>98450066CCBIACF06694</lei>
        <title>EQUITABLE AMERICA GLOBAL FUNDING 4.65% 06/09/2028 144A</title>
        <cusip>29446Q2A0</cusip>
        <identifiers>
          <isin value="US29446Q2A05"/>
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        <balance>3850000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3849846.92000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04650000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>STEEL DYNAMICS INC</name>
        <lei>549300HGGKEL4FYTTQ83</lei>
        <title>STEEL DYNAMICS INC 4% 12/15/2028</title>
        <cusip>858119BU3</cusip>
        <identifiers>
          <isin value="US858119BU36"/>
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        <balance>2790000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2756843.84000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>WELLS FARGO and CO</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
        <title>WELLS FARGO and CO NEW 3.526%/VAR 03/24/2028</title>
        <cusip>95000U2V4</cusip>
        <identifiers>
          <isin value="US95000U2V48"/>
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        <balance>3130000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3108352.26000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-24</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.03526000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CARMX 2023-3 A3</name>
        <lei>N/A</lei>
        <title>CARMX 2023-3 A3 5.61% 02/15/2029</title>
        <cusip>14319BAF9</cusip>
        <identifiers>
          <isin value="US14319BAF94"/>
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        <balance>975000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>986182.67000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05610000</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>
        <name>STELLANTIS FINL SVC US CORP</name>
        <lei>5493000KNKFDOC1BOW59</lei>
        <title>STELLANTIS FINL SVC US CORP 5.4% 06/15/2029 144A</title>
        <cusip>85855FAD5</cusip>
        <identifiers>
          <isin value="US85855FAD50"/>
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        <balance>443000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>444119.52000000</valUSD>
        <pctVal>0.009358108030</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05400000</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>BARCLAYS PLC</name>
        <lei>213800LBQA1Y9L22JB70</lei>
        <title>BARCLAYS PLC 7.385%/VAR 11/02/2028</title>
        <cusip>06738ECD5</cusip>
        <identifiers>
          <isin value="US06738ECD58"/>
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        <balance>2400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2489264.52000000</valUSD>
        <pctVal>0.052451660524</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-02</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.07385000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHEVRON PHIL CHEM LLC /CHEV LP</name>
        <lei>N/A</lei>
        <title>CHEVRON PHIL CHEM LLC /CHEV LP 3.4% 12/01/2026 144A</title>
        <cusip>166754AP6</cusip>
        <identifiers>
          <isin value="US166754AP65"/>
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        <balance>2600000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2590730.66000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03400000</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>BATTALION CLO XIX LTD</name>
        <lei>N/A</lei>
        <title>BATTALION CLO XIX LTD BR TSFR3M+160 04/15/2034 144A</title>
        <cusip>07133VAL0</cusip>
        <identifiers>
          <isin value="US07133VAL09"/>
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        <balance>2810000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2811275.74000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-04-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.05214670</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>DBC 2025-DBC MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>DBC 2025-DBC MORTGAGE TRUST TSFR1M+ 06/15/2038 144A</title>
        <cusip>23306HAA3</cusip>
        <identifiers>
          <isin value="US23306HAA32"/>
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        <balance>1110000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1110346.88000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-11-15</maturityDt>
          <couponKind>Variable</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MANUFACTURERS and TRADERS TRUST COMPANY</name>
        <lei>WWB2V0FCW3A0EE3ZJN75</lei>
        <title>MANUFACTURERS and TRADERS TR CO 4.762%/VAR 07/06/2028</title>
        <cusip>564760CC8</cusip>
        <identifiers>
          <isin value="US564760CC82"/>
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        <balance>940000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>941930.88000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-06</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04762000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>EQUATE PETROCHEMICAL CO KSC</name>
        <lei>635400J73BDO4TTGXD45</lei>
        <title>EQUATE PETROCHEMICAL CO KSC 4.25% 11/03/2026 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1513739760"/>
        </identifiers>
        <balance>1850000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1841083.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-03</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04250000</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>BMW US CAPITAL LLC</name>
        <lei>KK5MZM9DIXLXZL9DZL15</lei>
        <title>BMW US CAPITAL LLC 4.3% 03/17/2028 144A</title>
        <cusip>05565EDF9</cusip>
        <identifiers>
          <isin value="US05565EDF97"/>
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        <balance>2660000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2655389.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04300000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FREDDIE MAC STACR REMIC TRUST 2021-DNA1</name>
        <lei>N/A</lei>
        <title>STACR 2021-DNA1 30YR 0% 05/25/2046#</title>
        <cusip>35564UEZ6</cusip>
        <identifiers>
          <isin value="US35564UEZ66"/>
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        <balance>860000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>860806.25000000</valUSD>
        <pctVal>0.018138175690</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-05-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04642850</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>KEURIG DR PEPPER INC</name>
        <lei>DYTQ8KRTKO7Y2BVU5K74</lei>
        <title>KEURIG DR PEPPER INC CP 0% 06/22/2026</title>
        <cusip>49271KFN9</cusip>
        <identifiers>
          <isin value="US49271KFN90"/>
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        <balance>2710000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2702291.68000000</valUSD>
        <pctVal>0.056940387291</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HCA INC</name>
        <lei>L3CJ6J7LJ2DX62FTXD46</lei>
        <title>HCA INC 3.125% 03/15/2027</title>
        <cusip>404119CH0</cusip>
        <identifiers>
          <isin value="US404119CH01"/>
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        <balance>1700000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1685914.58000000</valUSD>
        <pctVal>0.035524155232</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03125000</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>EXETER AUTOMOBILE RECEIVABLES TRUST 25-3A</name>
        <lei>N/A</lei>
        <title>EXETER AUTOMOBILE RECEIVABLES TRUST 25-3A A2 4.94% 01/18/2028</title>
        <cusip>30166XAB0</cusip>
        <identifiers>
          <isin value="US30166XAB01"/>
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        <balance>94980.09000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>95015.39000000</valUSD>
        <pctVal>0.002002083322</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04830000</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>GENERAL MTRS FINL CO INC</name>
        <lei>5493008B6JBRUJ90QL97</lei>
        <title>GENERAL MTRS FINL CO INC 4.75% 04/06/2029</title>
        <cusip>37045XFQ4</cusip>
        <identifiers>
          <isin value="US37045XFQ43"/>
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        <balance>1330000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1333261.79000000</valUSD>
        <pctVal>0.028093356185</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04750000</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>FED HOME LOAN MTG CORP - GOLD</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FHLG 30YR 6% 05/01/2055#QY2115</title>
        <cusip>31426LK52</cusip>
        <identifiers>
          <isin value="US31426LK527"/>
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        <balance>179119.23000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>184051.85000000</valUSD>
        <pctVal>0.003878183727</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SABINE PASS LIQUEFACTION LLC</name>
        <lei>549300KJYBG7C6WJYZ11</lei>
        <title>SABINE PASS LIQUEFACTION LLC 4.2% 03/15/2028</title>
        <cusip>785592AU0</cusip>
        <identifiers>
          <isin value="US785592AU04"/>
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        <balance>308000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>306828.20000000</valUSD>
        <pctVal>0.006465222340</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04200000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HARLEY DAVIDSON FINANCIAL SERVICES INC</name>
        <lei>RLUFFFFW4GRYU77BTS24</lei>
        <title>HARLEY DAVIDSON FINL SVCS INC CP 0% 06/18/2026</title>
        <cusip>41282KFJ2</cusip>
        <identifiers>
          <ticker value="HDFUND"/>
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        <balance>2275000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2269783.65000000</valUSD>
        <pctVal>0.047826946681</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CNO GLOBAL FUNDING</name>
        <lei>6354008GTNR4833ULD48</lei>
        <title>CNO GLOBAL FUNDING 4.875% 12/10/2027 144A</title>
        <cusip>18977W2G4</cusip>
        <identifiers>
          <isin value="US18977W2G46"/>
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        <balance>410000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>410425.67000000</valUSD>
        <pctVal>0.008648139938</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04875000</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>FED HOME LOAN MTG CORP - GOLD</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FHLG 30YR 6% 02/01/2055#SL0205</title>
        <cusip>31427MGP0</cusip>
        <identifiers>
          <isin value="US31427MGP05"/>
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        <balance>2101198.70000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2154999.05000000</valUSD>
        <pctVal>0.045408303414</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06000000</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>HUNTINGTON INGALLS INDUSTRIES INC</name>
        <lei>5TZLZ6WJTBVJ0QWBG121</lei>
        <title>HUNTINGTON INGALLS INDUSTRIES INC 5.353% 01/15/2030</title>
        <cusip>446413BA3</cusip>
        <identifiers>
          <isin value="US446413BA37"/>
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        <balance>440000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>448569.30000000</valUSD>
        <pctVal>0.009451870002</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <name>ENTERPRISE FLEET FINANCING 2024-3 LLC</name>
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        <name>CORPORACION NACIONAL DEL COBRE DE CHILE</name>
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        <name>ARBYS FUNDING 2015-1A LLC</name>
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        <name>SYNOPSYS INC</name>
        <lei>QG7T915N9S0NY5UKNE63</lei>
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        <name>GM FINL CONSUMER AUTOMOBILE RECEIVABLES TR 2025-2</name>
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        <name>CROWN CASTLE INC</name>
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        <name>ANGEL OAK MORTGAGE TRUST LLC</name>
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        <name>GOLDMAN SACHS GROUP INC (THE)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>STARWOOD MTG RESIDENTIAL TR 2020-1</name>
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        <name>CIM TR 2021-R6</name>
        <lei>N/A</lei>
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        <name>JPMORGAN CHASE and CO</name>
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        <name>SANTANDER BANK NA - SBCLN</name>
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        <name>FORD MOTOR CREDIT CO LLC</name>
        <lei>UDSQCVRUX5BONN0VY111</lei>
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        <name>NSLT 2021-BA AFL</name>
        <lei>N/A</lei>
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          <couponKind>Fixed</couponKind>
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        <name>OBX 2019-EXP2 TR</name>
        <lei>N/A</lei>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
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          <couponKind>Variable</couponKind>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA 5.00% 6/35 #735591</title>
        <cusip>31402RF87</cusip>
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          <isin value="US31402RF871"/>
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        <issuerCat>USGSE</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ENBRIDGE INC</name>
        <lei>98TPTUM4IVMFCZBCUR27</lei>
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        <cusip>29250NBW4</cusip>
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          <isin value="US29250NBW48"/>
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        <balance>400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>402459.62000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>SMB PRIVATE ED LN TR 2020-PT-B</name>
        <lei>N/A</lei>
        <title>SMB PRIVATE EDUCATION LOAN TRUST 2020-PTB 1.6% 09/15/2054 144A</title>
        <cusip>78449DAB2</cusip>
        <identifiers>
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        <curCd>USD</curCd>
        <valUSD>652053.43000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01600000</annualizedRt>
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      <invstOrSec>
        <name>AES CORP</name>
        <lei>2NUNNB7D43COUIRE5295</lei>
        <title>AES CORP 5.45% 06/01/2028</title>
        <cusip>00130HCH6</cusip>
        <identifiers>
          <isin value="US00130HCH66"/>
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        <balance>2500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2526122.70000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05450000</annualizedRt>
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      <invstOrSec>
        <name>COREBRIDGE GLOBAL FUNDING</name>
        <lei>54930057MDZ7KOVOTV71</lei>
        <title>COREBRIDGE GBL FUNDING 4.25% 08/21/2028 144A</title>
        <cusip>00138CBG2</cusip>
        <identifiers>
          <isin value="US00138CBG24"/>
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        <balance>1095000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1086988.16000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-08-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04250000</annualizedRt>
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      <invstOrSec>
        <name>ENBRIDGE INC</name>
        <lei>98TPTUM4IVMFCZBCUR27</lei>
        <title>ENBRIDGE INC 4.6% 06/20/2028</title>
        <cusip>29250NCH6</cusip>
        <identifiers>
          <isin value="US29250NCH61"/>
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        <balance>4435000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4450019.79000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-06-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04600000</annualizedRt>
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      <invstOrSec>
        <name>REGIONS BANK OF ALABAMA</name>
        <lei>EQTWLK1G7ODGC2MGLV11</lei>
        <title>REGIONS BANK OF ALABAMA 4.755%/VAR 07/27/2029</title>
        <cusip>759187JX6</cusip>
        <identifiers>
          <isin value="US759187JX65"/>
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        <balance>1075000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1078255.93000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-27</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04755000</annualizedRt>
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      <invstOrSec>
        <name>CARMAX SELECT RECEIVABLES TRUST 2024-A</name>
        <lei>N/A</lei>
        <title>CARMAX SELECT RECEIVABLES TRUST 2024-A 5.62% 01/15/2030</title>
        <cusip>14319FAF0</cusip>
        <identifiers>
          <isin value="US14319FAF09"/>
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        <balance>1150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1167524.97000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05620000</annualizedRt>
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      <invstOrSec>
        <name>BX 2026-CLS</name>
        <lei>N/A</lei>
        <title>BX 2026-CLS C TSFR1M+235 05/15/2031 144A</title>
        <cusip>123915AE0</cusip>
        <identifiers>
          <isin value="US123915AE08"/>
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        <balance>105000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>105393.35000000</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>2043-05-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.05977090</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>MARRIOTT INTERNATIONAL INC/MD</name>
        <lei>225YDZ14ZO8E1TXUSU86</lei>
        <title>MARRIOTT INTERNATIONAL INC/MD 3.125% 06/15/2026</title>
        <cusip>571903AS2</cusip>
        <identifiers>
          <isin value="US571903AS22"/>
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        <balance>1628000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1627299.63000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03125000</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>CROWN CASTLE INC</name>
        <lei>54930012H97VSM0I2R19</lei>
        <title>CROWN CASTLE INC 4.8% 09/01/2028</title>
        <cusip>22822VBB6</cusip>
        <identifiers>
          <isin value="US22822VBB62"/>
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        <balance>835000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>839276.41000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04800000</annualizedRt>
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      <invstOrSec>
        <name>FED HOME LOAN MTG CORP - GOLD</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FHLG 6.00% 2/35 #G01777</title>
        <cusip>31283H6N0</cusip>
        <identifiers>
          <isin value="US31283H6N08"/>
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        <balance>26495.09560000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>27350.75000000</valUSD>
        <pctVal>0.000576311694</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>IMPERIAL BRANDS FINANCE PLC</name>
        <lei>2138008L3B3MCG1DFS50</lei>
        <title>IMPERIAL BRANDS FINANCE PLC 4.5% 06/30/2028 144A</title>
        <cusip>45262BAJ2</cusip>
        <identifiers>
          <isin value="US45262BAJ26"/>
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        <balance>3150000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3147063.03000000</valUSD>
        <pctVal>0.066312230128</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FORD CREDIT AUTO OWNER TRUST 2023-A</name>
        <lei>N/A</lei>
        <title>FORD CREDIT AUTO OWNER TRUST 2023-A 5.07% 01/15/2029</title>
        <cusip>344928AF3</cusip>
        <identifiers>
          <isin value="US344928AF38"/>
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        <balance>1495000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1504631.09000000</valUSD>
        <pctVal>0.031704304027</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05070000</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>HYUNDAI CAPITAL AMERICA</name>
        <lei>549300RIPPWJB5Z0FK07</lei>
        <title>HYUNDAI CAP AMER 5.6% 03/30/2028 144A</title>
        <cusip>44891ACD7</cusip>
        <identifiers>
          <isin value="US44891ACD72"/>
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        <balance>1190000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1209281.83000000</valUSD>
        <pctVal>0.025480956128</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05600000</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>STANDARD CHARTERED PLC</name>
        <lei>U4LOSYZ7YG4W3S5F2G91</lei>
        <title>STANDARD CHARTERED PLC 4.3% 02/19/2027 144A</title>
        <cusip>853254BF6</cusip>
        <identifiers>
          <isin value="US853254BF64"/>
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        <balance>327000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>326577.68000000</valUSD>
        <pctVal>0.006881366551</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-02-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04300000</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>HEINEKEN NV</name>
        <lei>724500K5PTPSST86UQ23</lei>
        <title>HEINEKEN NV 3.5% 01/29/2028 144A</title>
        <cusip>423012AF0</cusip>
        <identifiers>
          <isin value="US423012AF03"/>
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        <balance>4438000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4382305.98000000</valUSD>
        <pctVal>0.092340216852</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-29</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03500000</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>CAIXABANK SA</name>
        <lei>7CUNS533WID6K7DGFI87</lei>
        <title>CAIXABANK SA 6.684%/VAR 09/13/2027 144A</title>
        <cusip>12803RAB0</cusip>
        <identifiers>
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        <name>SANTANDER MORTGAGE ASSET RECEIVABLE TRUST 2025-NQM5</name>
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      <invstOrSec>
        <name>MTLRF 2025-1A</name>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
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        <name>BX TRUST 2025-ROIC</name>
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        <name>POST CLO 2022-1 LTD</name>
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        <name>GALTON FDG MTG TR 2019-1</name>
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        <name>BLP COML MTG 2024-INDS</name>
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        <name>FED HOME LOAN MTG CORP - GOLD</name>
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        <name>FED HOME LOAN MTG CORP - GOLD</name>
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        <name>GMF FLOORPLAN OWNER REVOLVING TR</name>
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        <name>MORGAN STANLEY RESIDENTIAL MORTGAGE LOAN TRUST 2026-NQM4</name>
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        <name>UTAH ACQUISITION SUB INC</name>
        <lei>254900JOFV74IJ7H9933</lei>
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        <name>HOTWIRE FUNDING LLC</name>
        <lei>254900ZCO90MCT7Y9348</lei>
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      </invstOrSec>
      <invstOrSec>
        <name>OWENS CORNING NEW</name>
        <lei>JO5M6676RDJIZ2U8X907</lei>
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          <isin value="US690742AN12"/>
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        <balance>690000.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>ARI FLEET LEASE TRUST</name>
        <lei>N/A</lei>
        <title>ARI FLEET LEASE TRUST 4.35% 11/15/2034 144A</title>
        <cusip>04033DAB0</cusip>
        <identifiers>
          <isin value="US04033DAB01"/>
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        <balance>1345000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1340348.18000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03960000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>IMPERIAL BRANDS FINANCE PLC</name>
        <lei>2138008L3B3MCG1DFS50</lei>
        <title>IMPERIAL BRANDS FINANCE PLC 6.125% 07/27/2027 144A</title>
        <cusip>45262BAF0</cusip>
        <identifiers>
          <isin value="US45262BAF04"/>
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        <balance>2739000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06125000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>VERUS SECURITIZATION TRUST</name>
        <lei>N/A</lei>
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        <cusip>92537QAF8</cusip>
        <identifiers>
          <isin value="US92537QAF81"/>
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        <balance>65802.69000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>60205.39000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2066-01-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01155000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ALIMENTATION COUCHE-TARD INC</name>
        <lei>549300OSW32RVX8CCZ87</lei>
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        <cusip>01626PAW6</cusip>
        <identifiers>
          <isin value="US01626PAW68"/>
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        <balance>2500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2479099.93000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-29</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04148000</annualizedRt>
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      <invstOrSec>
        <name>EQUITABLE FINANCIAL LIFE GLOBAL FUNDING</name>
        <lei>635400B4JJBON4TCHF02</lei>
        <title>EQUITABLE FINANCIAL LIFE GLOBAL FUNDING 1.8% 03/08/2028 144A</title>
        <cusip>29449WAF4</cusip>
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          <isin value="US29449WAF41"/>
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        <balance>1040000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>989436.59000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01800000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BOFA AUTO TRUST 2025-1</name>
        <lei>N/A</lei>
        <title>BOFA AUTO TRUST 2025-1 4.52% 11/22/2027 144A</title>
        <cusip>05594BAB2</cusip>
        <identifiers>
          <isin value="US05594BAB27"/>
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        <balance>165403.81000000</balance>
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        <curCd>USD</curCd>
        <valUSD>165522.35000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04520000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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        <name>ATHENE GLOBAL FUNDING</name>
        <lei>549300LM1QSI4MSIL320</lei>
        <title>ATHENE GLOBAL FUNDING 4.83% 05/09/2028 144A</title>
        <cusip>04685A4N8</cusip>
        <identifiers>
          <isin value="US04685A4N87"/>
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        <balance>590000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>588544.44000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04830000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BRAVO RESIDENTIAL FDG TR 2026-NQM3</name>
        <lei>N/A</lei>
        <title>BRAVO RESIDENTIAL FDG TR 2026-NQM3 STEP 11/25/2065 144A</title>
        <cusip>10571LAC5</cusip>
        <identifiers>
          <isin value="US10571LAC54"/>
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        <balance>599021.22000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>597346.06000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2065-11-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04922000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FREDDIE MAC STACR REMIC TRUST 2021-DNA1</name>
        <lei>N/A</lei>
        <title>FREDDIE MAC STACR REMIC TRUST 2021-DNA1 SOFR30A+185 11/25/2043 144A</title>
        <cusip>35564K3F4</cusip>
        <identifiers>
          <isin value="US35564K3F46"/>
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        <balance>246190.08000000</balance>
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        <curCd>USD</curCd>
        <valUSD>247722.24000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-11-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.05462100</annualizedRt>
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        <name>NTT FINANCE CORP</name>
        <lei>3538007PR116187GD960</lei>
        <title>NTT FINANCE CORP 4.567% 07/16/2027 144A</title>
        <cusip>62954WAP0</cusip>
        <identifiers>
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        <balance>690000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>691383.68000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04567000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <name>CARVANA AUTO RECEIVABLES TRUST 2026-P2</name>
        <lei>N/A</lei>
        <title>CARVANA AUTO RECEIVABLES TRUST 2026-P2 4.5% 04/10/2031</title>
        <cusip>14689CAC6</cusip>
        <identifiers>
          <isin value="US14689CAC64"/>
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        <balance>835000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>838291.07000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-04-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04770000</annualizedRt>
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        <name>CVS HEALTH CORP</name>
        <lei>549300EJG376EN5NQE29</lei>
        <title>CVS HEALTH CORP 5.4% 06/01/2029</title>
        <cusip>126650EB2</cusip>
        <identifiers>
          <isin value="US126650EB25"/>
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        <balance>940000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>961124.96000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05400000</annualizedRt>
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        <name>EQUITABLE HOLDINGS INC</name>
        <lei>549300FIBAKMNHPZ4009</lei>
        <title>EQUITABLE HOLDINGS INC 4.35% 04/20/2028</title>
        <cusip>054561AJ4</cusip>
        <identifiers>
          <isin value="US054561AJ49"/>
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        <balance>2500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2489764.23000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-04-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04350000</annualizedRt>
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      <invstOrSec>
        <name>SONIC CAP LLC / SONIC INDS LLC / SRI REAL ESTATE HLDG LLC / AMERS</name>
        <lei>N/A</lei>
        <title>SONIC CAP LLC/IND LLC/SRI RELS 4.336% 01/20/2050 144A</title>
        <cusip>83546DAJ7</cusip>
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          <isin value="US83546DAJ72"/>
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        <balance>725724.99000000</balance>
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        <curCd>USD</curCd>
        <valUSD>691703.29000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-01-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04336000</annualizedRt>
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      <invstOrSec>
        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA 5.00% 6/35 #735578</title>
        <cusip>31402RFT1</cusip>
        <identifiers>
          <isin value="US31402RFT14"/>
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        <balance>96507.57050000</balance>
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        <curCd>USD</curCd>
        <valUSD>97190.70000000</valUSD>
        <pctVal>0.002047919600</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>FEDERAL HOME LOAN MORTGAGE COR PORATION</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FHLM ARM 4.60% 6/38 #1G2860</title>
        <cusip>3128QTE91</cusip>
        <identifiers>
          <isin value="US3128QTE918"/>
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        <balance>6292.35280000</balance>
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        <name>OCTANE RECEIVABLE TRUST</name>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
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        <name>BANK5 2024-5YR12</name>
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        <name>WHEELS FLEET LEASE FUNDING 1 LLC</name>
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        <name>ICON INVESTMENTS SIX DESIGNATED ACTIVITY CO</name>
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        <name>HOME PARTNERS AMER 2022-1 TR</name>
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        <name>ELARA HGV TIMESHARE ISSUER 2023-A LLC</name>
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        <name>WESTERN-SOUTHERN GLOBAL FUNDING</name>
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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>CROWN CASTLE INC</name>
        <lei>54930012H97VSM0I2R19</lei>
        <title>CROWN CASTLE INC 5.6% 06/01/2029</title>
        <cusip>22822VBD2</cusip>
        <identifiers>
          <isin value="US22822VBD29"/>
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        <balance>515000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>527898.68000000</valUSD>
        <pctVal>0.011123431090</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05600000</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>BRIDGE COML MTG TR 2026-MF</name>
        <lei>N/A</lei>
        <title>BRIDGE COML MTG TR 2026-MF TSFR1M+125 06/15/2039 144A</title>
        <cusip>10804AAA2</cusip>
        <identifiers>
          <isin value="US10804AAA25"/>
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        <balance>2617000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2617000.00000000</valUSD>
        <pctVal>0.055143193698</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-06-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04850000</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>SOUND POINT CLO XXII LTD</name>
        <lei>N/A</lei>
        <title>SOUND POINT CLO XXII LTD BRR TSFR3M+165 01/20/2032 144A</title>
        <cusip>83611KAY8</cusip>
        <identifiers>
          <isin value="US83611KAY82"/>
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        <balance>250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>250186.25000000</valUSD>
        <pctVal>0.005271711442</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.05325230</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>CNH INDUSTRIAL CAPITAL LLC</name>
        <lei>549300PNSJ5B81UMVO28</lei>
        <title>CNH INDUSTRIAL CAPITAL LLC 4.55% 04/10/2028</title>
        <cusip>12592BAQ7</cusip>
        <identifiers>
          <isin value="US12592BAQ77"/>
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        <balance>1750000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1749333.62000000</valUSD>
        <pctVal>0.036860467195</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04550000</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>FED HOME LOAN MTG CORP - GOLD</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FHLG 30YR 5.5% 04/01/2055#SL0876</title>
        <cusip>31427M6N6</cusip>
        <identifiers>
          <isin value="US31427M6N68"/>
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        <balance>1315114.99000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1326699.57000000</valUSD>
        <pctVal>0.027955082678</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05500000</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>AIRBNB INC</name>
        <lei>549300HMUDNO0RY56D37</lei>
        <title>AIRBNB INC 4.4% 03/16/2029</title>
        <cusip>009066AC5</cusip>
        <identifiers>
          <isin value="US009066AC57"/>
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        <balance>1085000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1083091.04000000</valUSD>
        <pctVal>0.022821971345</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04400000</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>STELLANTIS FINANCIAL UNDERWRITTEN ENHANCED LEASE TRUST 2026-A</name>
        <lei>N/A</lei>
        <title>STELLANTIS FINANCIAL UNDERWRITTEN ENHANCED LEASE TRUST 2026-AA A3 4.56% 10/22/2029 144A</title>
        <cusip>85856FAD4</cusip>
        <identifiers>
          <isin value="US85856FAD42"/>
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        <balance>2473000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2466442.35000000</valUSD>
        <pctVal>0.051970771208</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04350000</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>GLENCORE FDG LLC</name>
        <lei>213800STG1QDNBY87K49</lei>
        <title>GLENCORE FDG LLC 5.338% 04/04/2027 144A</title>
        <cusip>378272BR8</cusip>
        <identifiers>
          <isin value="US378272BR82"/>
        </identifiers>
        <balance>2088000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2106741.72000000</valUSD>
        <pctVal>0.044391466082</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-04-04</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05338000</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>NAVIENT PRIVATE ED LN TR 2019-D</name>
        <lei>N/A</lei>
        <title>NAVIENT PRIVATE ED LN TR 2019-D 3.01% 12/15/2059 144A</title>
        <cusip>63941CAB9</cusip>
        <identifiers>
          <isin value="US63941CAB90"/>
        </identifiers>
        <balance>136759.92000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>132899.38000000</valUSD>
        <pctVal>0.002800342473</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2059-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03010000</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>CCG RECEIVABLES TRUST 2024-1</name>
        <lei>N/A</lei>
        <title>CCG RECEIVABLES TRUST 2024-1 C 5.22% 03/15/2032 144A</title>
        <cusip>12515PAD9</cusip>
        <identifiers>
          <isin value="US12515PAD96"/>
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        <balance>907000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>915455.87000000</valUSD>
        <pctVal>0.019289705908</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05220000</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>NATWEST GROUP PLC</name>
        <lei>2138005O9XJIJN4JPN90</lei>
        <title>NATWEST GROUP PLC 5.583%/VAR 03/01/2028</title>
        <cusip>639057AL2</cusip>
        <identifiers>
          <isin value="US639057AL28"/>
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        <balance>700000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>705853.59000000</valUSD>
        <pctVal>0.014873145294</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.05583000</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>BRAVO RESIDENTIAL FDG TR 2026-NQMR1</name>
        <lei>254900JHHISSQZL4TO83</lei>
        <title>BRAVO RESIDENTIAL FDG TR 2026-NQMR1 A1 VAR 08/25/2062 144A</title>
        <cusip>10570DAE0</cusip>
        <identifiers>
          <isin value="US10570DAE04"/>
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        <balance>808129.60000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>806619.85000000</valUSD>
        <pctVal>0.016996406048</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2062-08-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.05395000</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>CAPITAL ONE FINANCIAL CORP</name>
        <lei>ZUE8T73ROZOF6FLBAR73</lei>
        <title>CAPITAL ONE FIN CORP 7.149%/VAR 10/29/2027</title>
        <cusip>14040HDB8</cusip>
        <identifiers>
          <isin value="US14040HDB87"/>
        </identifiers>
        <balance>1080000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1091360.63000000</valUSD>
        <pctVal>0.022996221098</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-10-29</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.07149000</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>TARGA RES CORP</name>
        <lei>5493003QENHHS261UR94</lei>
        <title>TARGA RES CORP 4.35% 01/15/2029</title>
        <cusip>87612GAR2</cusip>
        <identifiers>
          <isin value="US87612GAR20"/>
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        <balance>980000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>976140.57000000</valUSD>
        <pctVal>0.020568402189</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04350000</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>BARCLAYS PLC</name>
        <lei>213800LBQA1Y9L22JB70</lei>
        <title>BARCLAYS PLC 4.972%/VAR 05/16/2029</title>
        <cusip>06738EBD6</cusip>
        <identifiers>
          <isin value="US06738EBD67"/>
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        <balance>960000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>965608.49000000</valUSD>
        <pctVal>0.020346479175</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-16</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04972000</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>HYUNDAI AUTO RECEIVABLES TRUST 2024-C</name>
        <lei>N/A</lei>
        <title>HYUNDAI AUTO RECEIVABLES TRUST 2024-C 4.53% 09/15/2027</title>
        <cusip>448976AB6</cusip>
        <identifiers>
          <isin value="US448976AB65"/>
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        <balance>191788.31000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>191864.68000000</valUSD>
        <pctVal>0.004042809022</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04530000</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>WORLD OMNI SELECT AUTO TRUST 2025-A</name>
        <lei>N/A</lei>
        <title>WORLD OMNI SELECT AUTO TRUST 2025-A 4.14% 05/15/2030</title>
        <cusip>98164UAC3</cusip>
        <identifiers>
          <isin value="US98164UAC36"/>
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        <balance>1574680.69000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1575104.12000000</valUSD>
        <pctVal>0.033189251656</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04140000</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>HEALTH CARE SVCS CORP</name>
        <lei>549300TMJ1FKCKECR148</lei>
        <title>HEALTH CARE SVCS CORP 5.2% 06/15/2029 144A</title>
        <cusip>42218SAK4</cusip>
        <identifiers>
          <isin value="US42218SAK42"/>
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        <balance>2085000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2107493.50000000</valUSD>
        <pctVal>0.044407306950</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05200000</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>FORD CR FLOORPLN MAST OWN TR A</name>
        <lei>5493001DTG5N7T8BG747</lei>
        <title>FORD CR FLOORPLN MAST OWN TR A 5.48% 04/15/2029 144A</title>
        <cusip>34528QJC9</cusip>
        <identifiers>
          <isin value="US34528QJC96"/>
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        <balance>550000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>555253.44000000</valUSD>
        <pctVal>0.011699827280</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05480000</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>AFFIRM MASTER TRUST</name>
        <lei>N/A</lei>
        <title>AFFIRM MASTER TRUST 5.06% 07/15/2033 144A</title>
        <cusip>00833BAH1</cusip>
        <identifiers>
          <isin value="US00833BAH15"/>
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        <balance>685000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>686996.84000000</valUSD>
        <pctVal>0.014475811929</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05060000</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>MADISON PK FDG XLV LTD / MADISON PK FDG XLV LLC</name>
        <lei>N/A</lei>
        <title>MADISON PK FDG XLV LTD / MADISON PK FDG XLV LLC ARR TSFR3M+108 07/15/2034 144A</title>
        <cusip>55820BAS6</cusip>
        <identifiers>
          <isin value="US55820BAS60"/>
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        <balance>2860000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2860795.08000000</valUSD>
        <pctVal>0.060280235853</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04753100</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>VERIZON MASTER TRUST</name>
        <lei>N/A</lei>
        <title>VERIZON MASTER TRUST 4.51% 03/20/2030</title>
        <cusip>92348KDY6</cusip>
        <identifiers>
          <isin value="US92348KDY64"/>
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        <balance>2155000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2161659.81000000</valUSD>
        <pctVal>0.045548653272</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-03-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04510000</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>STELLANTIS FINL SVC US CORP</name>
        <lei>5493000KNKFDOC1BOW59</lei>
        <title>STELLANTIS FINL SVC US CORP 4.95% 09/15/2028 144A</title>
        <cusip>85855FAA1</cusip>
        <identifiers>
          <isin value="US85855FAA12"/>
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        <balance>768000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>764983.18000000</valUSD>
        <pctVal>0.016119073622</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04950000</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>GREENSKY HOME IMPROVEMENT ISSUER TRUST 2025-2</name>
        <lei>N/A</lei>
        <title>GREENSKY HOME IMPROVEMENT ISSUER TRUST 2025-2 4.93% 06/25/2060 144A</title>
        <cusip>39571VAB4</cusip>
        <identifiers>
          <isin value="US39571VAB45"/>
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        <balance>54763.53000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>54926.02000000</valUSD>
        <pctVal>0.001157354283</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2060-06-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04930000</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>OCWEN LOAN INVESTMENT TRUST</name>
        <lei>N/A</lei>
        <title>OCWEN LOAN INVESTMENT TRUST 26-HB2 A VAR 05/25/2039 144A</title>
        <cusip>68279MAA0</cusip>
        <identifiers>
          <isin value="US68279MAA09"/>
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        <balance>490000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>480004.00000000</valUSD>
        <pctVal>0.010114235211</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-05-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.03000000</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>SANTANDER BK AUTO CR LINKED NTS SER 2024-B</name>
        <lei>N/A</lei>
        <title>SANTANDER BK AUTO CR LINKED NTS SER 2024-B 4.965% 01/18/2033 144A</title>
        <cusip>80280BAB4</cusip>
        <identifiers>
          <isin value="US80280BAB45"/>
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        <balance>177921.22000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>178723.47000000</valUSD>
        <pctVal>0.003765908645</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-01-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04965000</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>ATLASSIAN CORP PLC</name>
        <lei>549300V7ZY5P02D2MY38</lei>
        <title>ATLASSIAN CORP PLC 5.25% 05/15/2029</title>
        <cusip>049468AA9</cusip>
        <identifiers>
          <isin value="US049468AA91"/>
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        <balance>685000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>692875.85000000</valUSD>
        <pctVal>0.014599689417</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05250000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FIDELITY NATIONAL INFORMATION SERVICES INC</name>
        <lei>6WQI0GK1PRFVBA061U48</lei>
        <title>FIDELITY NATL INFORMN SVCS INC 4.8% 03/10/2031</title>
        <cusip>31620MCE4</cusip>
        <identifiers>
          <isin value="US31620MCE49"/>
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        <balance>740000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>734508.67000000</valUSD>
        <pctVal>0.015476940719</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04800000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SANTANDER BANK NA - SBCLN</name>
        <lei>N/A</lei>
        <title>SANTANDER BANK NA - SBCLN 24-A B 5.622% 06/15/2032 144A</title>
        <cusip>80290CCJ1</cusip>
        <identifiers>
          <isin value="US80290CCJ18"/>
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        <balance>174828.72000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>176580.64000000</valUSD>
        <pctVal>0.003720756757</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05622000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>POST ROAD EQUIPMENT FINANCE 2026-1 LLC</name>
        <lei>N/A</lei>
        <title>POST ROAD EQUIPMENT FINANCE 2026-1A B LLC 4.91% 02/15/2033 144A</title>
        <cusip>73747RAC9</cusip>
        <identifiers>
          <isin value="US73747RAC97"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>99747.40000000</valUSD>
        <pctVal>0.002101792204</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04910000</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>TAKE-TWO INTERACTV SOFTWR INC</name>
        <lei>BOMSTHHJK882EWYX3334</lei>
        <title>TAKE-TWO INTERACTV SOFTWR INC 4.95% 03/28/2028</title>
        <cusip>874054AK5</cusip>
        <identifiers>
          <isin value="US874054AK58"/>
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        <balance>1355000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1365440.13000000</valUSD>
        <pctVal>0.028771390742</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04950000</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>NEW RESIDENTIAL MORTGAGE LOAN TRUST 2025-NQM4</name>
        <lei>2138001CG5SYL78G3648</lei>
        <title>NEW RESIDENTIAL MORTGAGE LOAN TRUST 2025-NQM4 A1 5.35% 07/25/2065 144A</title>
        <cusip>64832FAC0</cusip>
        <identifiers>
          <isin value="US64832FAC05"/>
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        <balance>584414.41000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>585990.34000000</valUSD>
        <pctVal>0.012347489042</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2065-07-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05350000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA ARM RFT1Y+188.1 84 5/38#963117</title>
        <cusip>31414DPA8</cusip>
        <identifiers>
          <isin value="US31414DPA80"/>
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        <balance>4939.81490000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5135.32000000</valUSD>
        <pctVal>0.000108207086</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-05-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.06031000</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>TEXAS COML MTG TR 2025-TWR</name>
        <lei>N/A</lei>
        <title>TEXAS COML MTG TR 2025-TWR TSFR1M+129.313 04/15/2042 144A</title>
        <cusip>88231WAA3</cusip>
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      </invstOrSec>
      <invstOrSec>
        <name>EXETER AUTOMOBILE RECEIVABLES TR 2025-4</name>
        <lei>N/A</lei>
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        <cusip>30167KAD3</cusip>
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      <invstOrSec>
        <name>FED HOME LOAN MTG CORP - GOLD</name>
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        <curCd>USD</curCd>
        <valUSD>336227.00000000</valUSD>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02500000</annualizedRt>
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      <invstOrSec>
        <name>GENERAL MTRS FINL CO INC</name>
        <lei>5493008B6JBRUJ90QL97</lei>
        <title>GENERAL MTRS FINL CO INC 4.2% 10/27/2028</title>
        <cusip>37045XFL5</cusip>
        <identifiers>
          <isin value="US37045XFL55"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1488839.46000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-10-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04200000</annualizedRt>
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      <invstOrSec>
        <name>PALMER SQUARE LOAN FUNDING 2024-3 LTD</name>
        <lei>N/A</lei>
        <title>PALMER SQUARE LOAN FUNDING 2024-3 LTD 3A BR TSFR3M+145 08/08/2032 144A</title>
        <cusip>69690EAN9</cusip>
        <identifiers>
          <isin value="US69690EAN94"/>
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        <balance>680000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>679929.96000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-08-08</maturityDt>
          <couponKind>Variable</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>AVIS BUDGET RENT CAR FDG AESOP LLC</name>
        <lei>IHXLB8SL0QWSSG2VG640</lei>
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        <cusip>05377RKY9</cusip>
        <identifiers>
          <isin value="US05377RKY98"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>98491.87000000</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>2030-02-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04950000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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      <invstOrSec>
        <name>ECOLAB INC</name>
        <lei>82DYEISM090VG8LTLS26</lei>
        <title>ECOLAB INC 4.6% 06/15/2029</title>
        <cusip>278865BU3</cusip>
        <identifiers>
          <isin value="US278865BU33"/>
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        <balance>3030000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3043404.81000000</valUSD>
        <pctVal>0.064128032457</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04600000</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>GENERAL MTRS FINL CO INC</name>
        <lei>5493008B6JBRUJ90QL97</lei>
        <title>GENERAL MTRS FINL CO INC 5.35% 07/15/2027</title>
        <cusip>37045XEX0</cusip>
        <identifiers>
          <isin value="US37045XEX03"/>
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        <balance>1658000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1674873.66000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05350000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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        <name>CHENIERE ENERGY PARTNERS LP</name>
        <lei>5493005UEC8AZ34LDV29</lei>
        <title>CHENIERE ENERGY PARTNERS LP 4% 03/01/2031</title>
        <cusip>16411QAK7</cusip>
        <identifiers>
          <isin value="US16411QAK76"/>
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        <balance>1245000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1201009.56000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FED HOME LOAN MTG CORP - GOLD</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FHLG 15YR 3% 11/01/2034#SB0222</title>
        <cusip>3132CWG73</cusip>
        <identifiers>
          <isin value="US3132CWG737"/>
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        <balance>119261.25000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>114707.29000000</valUSD>
        <pctVal>0.002417014257</pctVal>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MAGNETITE XXIII LTD</name>
        <lei>N/A</lei>
        <title>MAGNETITE XXIII LTD AR2 TSFR3M+99 01/25/2035 144A</title>
        <cusip>55954NAS8</cusip>
        <identifiers>
          <isin value="US55954NAS80"/>
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        <balance>1780000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1780663.94000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>0.04656590</annualizedRt>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>GNMA GUARANTEED PASS THRU CERT</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GNMA II 4% 04/20/2050#BU2156</title>
        <cusip>3617N3MD5</cusip>
        <identifiers>
          <isin value="US3617N3MD53"/>
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        <balance>37965.60000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>35818.84000000</valUSD>
        <pctVal>0.000754744070</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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        <name>MERCEDES-BENZ FINANCE NORTH AMERICA LLC</name>
        <lei>549300423Z16BB673J12</lei>
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        <cusip>58769JBJ5</cusip>
        <identifiers>
          <isin value="US58769JBJ51"/>
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        <curCd>USD</curCd>
        <valUSD>2684468.55000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-03-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04125000</annualizedRt>
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        <name>LPL HOLDINGS INC</name>
        <lei>549300Z5YF8CCRMYUL26</lei>
        <title>LPL HOLDINGS INC 4.625% 11/15/2027 144A</title>
        <cusip>50212YAC8</cusip>
        <identifiers>
          <isin value="US50212YAC84"/>
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        <balance>470000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>468329.42000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04625000</annualizedRt>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>UBER TECHNOLOGIES INC</name>
        <lei>549300B2FTG34FILDR98</lei>
        <title>UBER TECHNOLOGIES INC 4.5% 08/15/2029 144A</title>
        <cusip>90353TAK6</cusip>
        <identifiers>
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        <balance>1842000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1827370.10000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04500000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SEB FUNDING LLC</name>
        <lei>N/A</lei>
        <title>SEB FUNDING LLC 6.665% 01/30/2056 144A</title>
        <cusip>78433DAD6</cusip>
        <identifiers>
          <isin value="US78433DAD66"/>
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        <balance>2030000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2011889.15000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06665000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MVW 2021-1W LLC</name>
        <lei>N/A</lei>
        <title>MVW 2021-1W LLC 1.94% 01/22/2041 144A</title>
        <cusip>55389TAC5</cusip>
        <identifiers>
          <isin value="US55389TAC53"/>
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        <balance>47082.23000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>45727.54000000</valUSD>
        <pctVal>0.000963531752</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-01-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01940000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>KKR CLO 40 LTD</name>
        <lei>N/A</lei>
        <title>KKR CLO 40 LTD AR TSFR3M+130 10/20/2034 144A</title>
        <cusip>48254UAE5</cusip>
        <identifiers>
          <isin value="US48254UAE55"/>
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        <balance>1980000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1981366.20000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-10-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04975230</annualizedRt>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>UST NOTES</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>UST NOTES 3.75% 04/30/2028</title>
        <cusip>91282CQL8</cusip>
        <identifiers>
          <isin value="US91282CQL80"/>
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        <balance>245102200.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>243953283.44000000</valUSD>
        <pctVal>5.140375682906</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03750000</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>CARVANA AUTO RECEIVABLES TRUST 2026-P1</name>
        <lei>N/A</lei>
        <title>CARVANA AUTO RECEIVABLES TRUST 2026-P1 C 5.28% 08/10/2032</title>
        <cusip>14689FAF2</cusip>
        <identifiers>
          <isin value="US14689FAF27"/>
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        <balance>1620000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1598645.32000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-08-10</maturityDt>
          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>MEDLINE BORROWER LP</name>
        <lei>254900QT3R363TVK6F09</lei>
        <title>MEDLINE BORROWER LP 3.875% 04/01/2029 144A</title>
        <cusip>62482BAA0</cusip>
        <identifiers>
          <isin value="US62482BAA08"/>
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        <balance>6025000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5863542.23000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03875000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MIZUHO FINANCIAL GROUP INC</name>
        <lei>353800CI5L6DDAN5XZ33</lei>
        <title>MIZUHO FINL GROUP INC 5.414%/VAR 09/13/2028</title>
        <cusip>60687YCL1</cusip>
        <identifiers>
          <isin value="US60687YCL11"/>
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        <balance>2500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2530590.40000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-13</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.05414000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA 30YR 2% 02/01/2052#FS2040</title>
        <cusip>3140XHHS9</cusip>
        <identifiers>
          <isin value="US3140XHHS99"/>
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        <balance>192875.29000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>155338.48000000</valUSD>
        <pctVal>0.003273160065</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02000000</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>GATX CORP</name>
        <lei>549300IHYHCQP2PIR591</lei>
        <title>GATX CORP 3.25% 09/15/2026</title>
        <cusip>361448AY9</cusip>
        <identifiers>
          <isin value="US361448AY97"/>
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        <balance>455000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>453474.62000000</valUSD>
        <pctVal>0.009555230725</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03250000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BETHP 2021</name>
        <lei>N/A</lei>
        <title>BETHP 2021 BR TSFR3M+150 10/15/2036 144A</title>
        <cusip>087598AL2</cusip>
        <identifiers>
          <isin value="US087598AL26"/>
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        <balance>2675000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2677771.30000000</valUSD>
        <pctVal>0.056423714740</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-10-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.05135630</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>JP MORGAN MORTGAGE TRUST 2025-HE3</name>
        <lei>529900FDW9QWEZPAFE21</lei>
        <title>JP MORGAN MORTGAGE TRUST 2025-HE3 A1 SOFR30A +135 03/25/2056 144A</title>
        <cusip>46660CAA5</cusip>
        <identifiers>
          <isin value="US46660CAA53"/>
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        <balance>370308.35000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>372258.02000000</valUSD>
        <pctVal>0.007843903745</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-03-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04975130</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FREDDIE MAC STACR REMIC TRUST 2021-DNA1</name>
        <lei>N/A</lei>
        <title>FREDDIE MAC STACR REMIC TRUST 2021-DNA1 SOFR30A+295 06/25/2042 144A</title>
        <cusip>35564KYN3</cusip>
        <identifiers>
          <isin value="US35564KYN35"/>
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        <balance>359878.38000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>364344.11000000</valUSD>
        <pctVal>0.007677148578</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-06-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.06562100</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>SANTANDER UK GROUP HOLDINGS PLC</name>
        <lei>549300F5XIFGNNW4CF72</lei>
        <title>SANTANDER UK GROUP HOLDINGS PLC 1.673%/VAR 06/14/2027</title>
        <cusip>80281LAQ8</cusip>
        <identifiers>
          <isin value="US80281LAQ86"/>
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        <balance>420000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>419545.93000000</valUSD>
        <pctVal>0.008840314284</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-14</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.01673000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>EXTENDED STAY AMERICA TRUST 2025-ESH</name>
        <lei>N/A</lei>
        <title>EXTENDED STAY AMERICA TRUST 2025-ESH VAR 10/15/2042 144A</title>
        <cusip>30227TAA8</cusip>
        <identifiers>
          <isin value="US30227TAA88"/>
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        <balance>1122050.33000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1123452.89000000</valUSD>
        <pctVal>0.023672441851</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-10-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04927090</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>STELLANTIS FINANCIAL UNDERWRITTEN ENHANCED LEASE TRUST 2026-A</name>
        <lei>N/A</lei>
        <title>STELLANTIS FINANCIAL UNDERWRITTEN ENHANCED LEASE TRUST 2026-AA C 4.8% 12/20/2030 144A</title>
        <cusip>85856FAG7</cusip>
        <identifiers>
          <isin value="US85856FAG72"/>
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        <balance>1160000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1156254.82000000</valUSD>
        <pctVal>0.024363616165</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-12-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04800000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FISERV INC</name>
        <lei>GI7UBEJLXYLGR2C7GV83</lei>
        <title>FISERV INC 4.55% 02/15/2031</title>
        <cusip>337738BP2</cusip>
        <identifiers>
          <isin value="US337738BP21"/>
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        <balance>940000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>921094.78000000</valUSD>
        <pctVal>0.019408524214</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04550000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FREEPORT-MCMORAN INC</name>
        <lei>549300IRDTHJQ1PVET45</lei>
        <title>FREEPORT-MCMORAN INC 4.375% 08/01/2028</title>
        <cusip>35671DCG8</cusip>
        <identifiers>
          <isin value="US35671DCG88"/>
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        <balance>160000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>159229.34000000</valUSD>
        <pctVal>0.003355144951</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04375000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MARBLE POINT CLO XV LTD</name>
        <lei>N/A</lei>
        <title>MARBLE POINT CLO XV LTD A1R2 TSFR3M+104 07/23/2032 144A</title>
        <cusip>56606YAW5</cusip>
        <identifiers>
          <isin value="US56606YAW57"/>
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        <balance>904914.55000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>904549.87000000</valUSD>
        <pctVal>0.019059903970</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-23</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04706060</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>VERUS SECURITIZATION TRUST</name>
        <lei>N/A</lei>
        <title>VERUS SECURITIZATION TRUST A2 1.052% 01/25/2066 144A</title>
        <cusip>92537QAE1</cusip>
        <identifiers>
          <isin value="US92537QAE17"/>
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        <balance>111358.39000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>101759.64000000</valUSD>
        <pctVal>0.002144192410</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2066-01-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01052000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FLATIRON CLO 28 LTD / FLATIRON CLO 28 LLC</name>
        <lei>N/A</lei>
        <title>FLATIRON CLO 28 LTD / FLATIRON CLO 28 LLC A1R TSFR3M+108 07/15/2036 144A</title>
        <cusip>33884EAQ4</cusip>
        <identifiers>
          <isin value="US33884EAQ44"/>
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        <balance>3497000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3497000.00000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-07-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04753100</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>DAIMLER TRUCKS FINANCE NORTH AMERICA LLC</name>
        <lei>5493003HSDTSCZRXBA58</lei>
        <title>DAIMLER TRUCKS FINANCE NORTH AMERICA LLC 4.15% 01/12/2029 144A</title>
        <cusip>233853BK5</cusip>
        <identifiers>
          <isin value="US233853BK59"/>
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        <balance>645000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>637688.22000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04150000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GNMA GUARANTEED PASS THRU CERT</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GNMA II 3.5% 08/20/2044#784101</title>
        <cusip>3622A2RW4</cusip>
        <identifiers>
          <isin value="US3622A2RW46"/>
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        <balance>127914.05000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>119212.03000000</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>2044-08-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>WILLIAMS COS INC</name>
        <lei>D71FAKCBLFS2O0RBPG08</lei>
        <title>WILLIAMS COS INC 4.8% 11/15/2029</title>
        <cusip>969457CL2</cusip>
        <identifiers>
          <isin value="US969457CL23"/>
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        <balance>895000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>902115.32000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04800000</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>ALLY BK MIDVALE UTAH</name>
        <lei>549300C04BJ0G297NC13</lei>
        <title>ALLY BK MIDVALE UTAH 4.942% 09/15/2033 144A</title>
        <cusip>02007G6R9</cusip>
        <identifiers>
          <isin value="US02007G6R95"/>
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        <balance>534729.22100000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>533534.05000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04942000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HSBC HOLDINGS PLC</name>
        <lei>MLU0ZO3ML4LN2LL2TL39</lei>
        <title>HSBC HOLDINGS PLC 5.13%/VAR 11/19/2028</title>
        <cusip>404280EM7</cusip>
        <identifiers>
          <isin value="US404280EM70"/>
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        <balance>1890000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1904159.63000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-19</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.05130000</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>BX TRUST 2025-DIME</name>
        <lei>N/A</lei>
        <title>BX TRUST 2025-DIME A TSFR1M+115 02/15/2035 144A</title>
        <cusip>05613UAA9</cusip>
        <identifiers>
          <isin value="US05613UAA97"/>
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        <balance>139000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>138305.00000000</valUSD>
        <pctVal>0.002914245091</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-02-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04777090</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>DTE ENERGY CO</name>
        <lei>549300IX8SD6XXD71I78</lei>
        <title>DTE ENERGY CO 5.2% 04/01/2030</title>
        <cusip>233331BN6</cusip>
        <identifiers>
          <isin value="US233331BN66"/>
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        <balance>1380000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1403449.03000000</valUSD>
        <pctVal>0.029572281890</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05200000</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>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA 30YR 5% 01/01/2056#FA4238</title>
        <cusip>3140W4V87</cusip>
        <identifiers>
          <isin value="US3140W4V873"/>
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        <balance>1530769.81000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1510660.55000000</valUSD>
        <pctVal>0.031831351670</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>EART 2025-5A</name>
        <lei>N/A</lei>
        <title>EART 2025-5A 4.28% 07/15/2030</title>
        <cusip>30166VAG3</cusip>
        <identifiers>
          <isin value="US30166VAG32"/>
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        <balance>840000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>837979.30000000</valUSD>
        <pctVal>0.017657185653</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04280000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SMB PRIVATE ED LN TR 2025-A</name>
        <lei>N/A</lei>
        <title>SMB PRIVATE ED LN TR 2025-A 5.13% 04/15/2054 144A</title>
        <cusip>83207EAA4</cusip>
        <identifiers>
          <isin value="US83207EAA47"/>
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        <balance>518708.43000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>519376.63000000</valUSD>
        <pctVal>0.010943861715</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05130000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>AIRBNB INC</name>
        <lei>549300HMUDNO0RY56D37</lei>
        <title>AIRBNB INC 4.65% 03/16/2031</title>
        <cusip>009066AD3</cusip>
        <identifiers>
          <isin value="US009066AD31"/>
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        <balance>325000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>324996.27000000</valUSD>
        <pctVal>0.006848044427</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04650000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MOSAIC CO</name>
        <lei>2YD5STGSJNMUB7H76907</lei>
        <title>MOSAIC CO NEW 4.35% 01/15/2029</title>
        <cusip>61945CAJ2</cusip>
        <identifiers>
          <isin value="US61945CAJ27"/>
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        <balance>980000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>971616.68000000</valUSD>
        <pctVal>0.020473078634</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04350000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA 5.00% 7/35 #735676</title>
        <cusip>31402RJV2</cusip>
        <identifiers>
          <isin value="US31402RJV24"/>
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        <balance>41682.06540000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>41963.52000000</valUSD>
        <pctVal>0.000884219530</pctVal>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MORGAN STANLEY RESIDENTIAL MORTGAGE LOAN TRUST 2025-DSC2</name>
        <lei>N/A</lei>
        <title>MORGAN STANLEY RESIDENTIAL MORTGAGE LOAN TRUST 2025-DSC2 A1 VAR 07/25/2070 144A</title>
        <cusip>61778XAA7</cusip>
        <identifiers>
          <isin value="US61778XAA72"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>143921.72000000</valUSD>
        <pctVal>0.003032595828</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2070-07-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.05443000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SCLP 2025-4</name>
        <lei>N/A</lei>
        <title>SCLP 2025-4 4.24% 08/25/2035 144A</title>
        <cusip>83405UAA8</cusip>
        <identifiers>
          <isin value="US83405UAA88"/>
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        <balance>1415989.35000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1415520.09000000</valUSD>
        <pctVal>0.029826632979</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-08-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04240000</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>PENSKE TRUCK LEASING CO L P / PTL FIN CORP</name>
        <lei>N/A</lei>
        <title>PENSKE TRUCK LEASING CO LP /CORP 3.4% 11/15/2026 144A</title>
        <cusip>709599AW4</cusip>
        <identifiers>
          <isin value="US709599AW47"/>
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        <balance>590000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
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        <name>FED HOME LOAN MTG CORP - GOLD</name>
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        <name>GNMA II GTD PASS THRU CTF MULTIPLE ISSUER</name>
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      <invstOrSec>
        <name>CUBESMART LP</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FREDDIE MAC STACR REMIC TRUST 2021-DNA1</name>
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      <invstOrSec>
        <name>ENTERPRISE FLEET FINANCING 2025-2 LLC</name>
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      <invstOrSec>
        <name>FOUNDRY JV HOLDCO LLC</name>
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      <invstOrSec>
        <name>CHENIERE CORPUS CHRISTI HOLDINGS LLC</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CLIP 2026-NQM1 TR</name>
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        <name>GNMA II GTD PASS THRU CTF MULTIPLE ISSUER</name>
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        <cusip>36179SQW0</cusip>
        <identifiers>
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        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>SYMPHONY CLO 37 LTD</name>
        <lei>N/A</lei>
        <title>SYMPHONY CLO 37 LTD AR2 TSFR3M+113 01/20/2037 144A</title>
        <cusip>87169VBG9</cusip>
        <identifiers>
          <isin value="US87169VBG95"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <name>PROGRESS RESIDENTIAL TRUST 2021-SFR8</name>
        <lei>N/A</lei>
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        <cusip>74333TAC3</cusip>
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          <isin value="US74333TAC36"/>
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        <issuerCat>CORP</issuerCat>
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          <couponKind>Fixed</couponKind>
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        <name>AFFIRM MASTER TRUST</name>
        <lei>N/A</lei>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04570000</annualizedRt>
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        <name>OBX 2025-NQM15 TRUST</name>
        <lei>254900Y3YIZHUWMEGC78</lei>
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        <cusip>67122CAD7</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA 15YR 3.5% 11/01/2026#AJ5340</title>
        <cusip>3138AW5A7</cusip>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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        <name>CARVANA AUTO RECEIVABLES TR 2025-P1</name>
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        <title>CARVANA AUTO RECEIVABLES TR 2025-P1 4.5% 06/12/2028</title>
        <cusip>14689MAB6</cusip>
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          <isin value="US14689MAB63"/>
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        <name>HSBC HOLDINGS PLC</name>
        <lei>MLU0ZO3ML4LN2LL2TL39</lei>
        <title>HSBC HOLDINGS PLC 4.398%/VAR 03/10/2030</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>DEEPHAVEN RESIDENTIAL MTG TR 2026-INV1</name>
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        <title>DEEPHAVEN RESIDENTIAL MORTGAGE TRUST 2026-INV1 A1 VAR 12/25/2070 144A</title>
        <cusip>24381GAA1</cusip>
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          <isin value="US24381GAA13"/>
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        <invCountry>US</invCountry>
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          <couponKind>Variable</couponKind>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA 30YR 5.5% 05/01/2054#CB8483</title>
        <cusip>3140QUM94</cusip>
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        <curCd>USD</curCd>
        <valUSD>138424.54000000</valUSD>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SANTANDER UK GROUP HOLDINGS PLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ENERGY TRANSFER LP</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MORGAN STANLEY</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>EMD FIN LLC</name>
        <lei>529900C8KS5G529A0B76</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>VERUS SECURITIZATION TR 2025-3</name>
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      <invstOrSec>
        <name>GNMA GUARANTEED PASS THRU CERT</name>
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        <cusip>36241L5Z5</cusip>
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        <name>BX COML MTG TR 2024-GPA3</name>
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        <title>BX COML MTG TR 2024-GPA3 A TSFR1M+149.25 12/15/2029 144A</title>
        <cusip>123910AA9</cusip>
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        <name>BANK OF AMERICA CORPORATION</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
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        <cusip>060505GQ1</cusip>
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        <issuerCat>CORP</issuerCat>
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        <name>EXETER SELECT AUTOMOBILE RECEIVABLES TR 2025-1</name>
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        <title>EXETER SELECT AUTOMOBILE RECEIVABLES TR 2025-1 4.83% 10/16/2028</title>
        <cusip>30185AAB7</cusip>
        <identifiers>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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        <cusip>31402RDF3</cusip>
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        <name>PLYM COMMERCIAL MORTGAGE TRUST 2026-IND</name>
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        <title>PLYM COMMERCIAL MORTGAGE TRUST 2026-IND A TSFR1M+125 03/15/2043 144A</title>
        <cusip>69292BAA5</cusip>
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        <issuerCat>CORP</issuerCat>
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          <couponKind>Variable</couponKind>
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        <name>EQUITABLE FINANCIAL LIFE GLOBAL FUNDING</name>
        <lei>635400B4JJBON4TCHF02</lei>
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        <issuerCat>CORP</issuerCat>
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          <couponKind>Fixed</couponKind>
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        <name>BOEING CO</name>
        <lei>RVHJWBXLJ1RFUBSY1F30</lei>
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        <issuerCat>CORP</issuerCat>
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          <couponKind>Fixed</couponKind>
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        <name>DLLST 2024-1 LLC</name>
        <lei>N/A</lei>
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          <isin value="US23346HAC16"/>
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        <issuerCat>CORP</issuerCat>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>COLUMBIA PIPELINES HOLDING CO LLC</name>
        <lei>N/A</lei>
        <title>COLUMBIA PIPELINES HOLDING CO LLC 6.042% 08/15/2028 144A</title>
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          <isin value="US19828AAB35"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06042000</annualizedRt>
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        <name>ELEMENT FLEET MANAGEMENT CORP</name>
        <lei>5493000PGBS1C22ELQ16</lei>
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        <cusip>286181AM4</cusip>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-03-13</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>AFFIRM MASTER TRUST</name>
        <lei>N/A</lei>
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        <identifiers>
          <isin value="US00833BAG32"/>
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        <balance>655000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>657612.21000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>TOYOTA LEASE OWNER TRUST 2025-A</name>
        <lei>N/A</lei>
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          <isin value="US89239NAB10"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>SANTANDER BANK NA - SBCLN</name>
        <lei>N/A</lei>
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        <cusip>80290CCK8</cusip>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05818000</annualizedRt>
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      <invstOrSec>
        <name>RCKT MTG TR 2024-CES-8</name>
        <lei>N/A</lei>
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        <cusip>749421AA1</cusip>
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          <isin value="US749421AA19"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>COOPERATIEVE RABOBANK UA</name>
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        <cusip>74977RDR2</cusip>
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          <isin value="US74977RDR21"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-22</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>BX 2026-ALOHA</name>
        <lei>N/A</lei>
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        <identifiers>
          <isin value="US12434HAA14"/>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>DELL EQUIP FIN TR 2024-2</name>
        <lei>N/A</lei>
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        <cusip>24704EAC2</cusip>
        <identifiers>
          <isin value="US24704EAC21"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-08-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04690000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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        <name>SIERRA TIMESHARE 2025-2 RECEIVABLES FUNDING LLC</name>
        <lei>N/A</lei>
        <title>SIERRA TIMESHARE 2025-2A B RECEIVABLES FUNDING LLC 4.93% 04/20/2044 144A</title>
        <cusip>82653HAB6</cusip>
        <identifiers>
          <isin value="US82653HAB69"/>
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        <balance>260617.73000000</balance>
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        <curCd>USD</curCd>
        <valUSD>258941.07000000</valUSD>
        <pctVal>0.005456185548</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-04-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04930000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>US BANK NA CINCINNATI OHIO</name>
        <lei>6BYL5QZYBDK8S7L73M02</lei>
        <title>US BANK NA CINCINNATI OHIO 4.535%/VAR 05/20/2029</title>
        <cusip>90331HPV9</cusip>
        <identifiers>
          <isin value="US90331HPV95"/>
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        <balance>3000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3001021.68000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04535000</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>HSBC HOLDINGS PLC</name>
        <lei>MLU0ZO3ML4LN2LL2TL39</lei>
        <title>HSBC HOLDINGS PLC 5.887%/VAR 08/14/2027</title>
        <cusip>404280DZ9</cusip>
        <identifiers>
          <isin value="US404280DZ92"/>
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        <balance>2600000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2607331.30000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-14</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.05887000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>VISTRA OPERATIONS CO LLC</name>
        <lei>549300ZH5GKBTJZ7NM23</lei>
        <title>VISTRA OPERATIONS CO LLC 4.55% 10/30/2028 144A</title>
        <cusip>92840VBD3</cusip>
        <identifiers>
          <isin value="US92840VBD38"/>
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        <balance>1345000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1339415.05000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04550000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PENSKE TRUCK LEASING CO L P / PTL FIN CORP</name>
        <lei>N/A</lei>
        <title>PENSKE TRUCK LEASING CO LP /CORP 4.4% 07/01/2027 144A</title>
        <cusip>709599BN3</cusip>
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          <isin value="US709599BN39"/>
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        <balance>129000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>128768.33000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04400000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HPEFS EQUIP TR 2024-2</name>
        <lei>N/A</lei>
        <title>HPEFS EQUIP TR 2024-2A D 5.82% 04/20/2032 144A</title>
        <cusip>40444MAL5</cusip>
        <identifiers>
          <isin value="US40444MAL54"/>
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        <curCd>USD</curCd>
        <valUSD>424768.76000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-04-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05820000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>LLOYDS BANKING GROUP PLC</name>
        <lei>549300PPXHEU2JF0AM85</lei>
        <title>LLOYDS BANKING GROUP PLC 4.818%/VAR 06/13/2029</title>
        <cusip>539439BD0</cusip>
        <identifiers>
          <isin value="US539439BD02"/>
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        <balance>960000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>965318.43000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-13</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04818000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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        <name>CARMAX AUTO OWNER TRUST 2024-3</name>
        <lei>N/A</lei>
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        <cusip>14319GAH4</cusip>
        <identifiers>
          <isin value="US14319GAH48"/>
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        <balance>255000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>258785.55000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05670000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ENTERPRISE FLEET FING 2026-2 LLC</name>
        <lei>N/A</lei>
        <title>ENTERPRISE FLEET FING 2026-2 LLC 4.59% 01/20/2033 144A</title>
        <cusip>29375HAD0</cusip>
        <identifiers>
          <isin value="US29375HAD08"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>499715.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-01-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04590000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FLATIRON CLO 23 LLC</name>
        <lei>N/A</lei>
        <title>FLATIRON CLO 23-1A AR LLC TSFR3M+124 04/17/2036 144A</title>
        <cusip>33883DAQ7</cusip>
        <identifiers>
          <isin value="US33883DAQ79"/>
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        <balance>2303000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2303635.63000000</valUSD>
        <pctVal>0.048540246754</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-04-17</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04920380</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CITIGROUP INC</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
        <title>CITIGROUP INC 3.52%/VAR 10/27/2028</title>
        <cusip>172967LS8</cusip>
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      <invstOrSec>
        <name>COLT 2024-6 MORTGAGE LOAN TRUST</name>
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      <invstOrSec>
        <name>WOODSIDE FIN LTD</name>
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        <fairValLevel>2</fairValLevel>
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        <name>SEQUOIA MTG TR 2018-CH3</name>
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        <fairValLevel>2</fairValLevel>
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        <name>BENCHMARK 2025-B41 MTG TR</name>
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        <cusip>081935AU2</cusip>
        <identifiers>
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      <invstOrSec>
        <name>AVOLON HOLDINGS FUNDING LTD</name>
        <lei>635400ZRKEX9L1BKCH30</lei>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>VISTRA OPERATIONS CO LLC</name>
        <lei>549300ZH5GKBTJZ7NM23</lei>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>HEWLETT PACKARD ENTERPRISE CO</name>
        <lei>549300BX44RGX6ANDV88</lei>
        <title>HEWLETT PACKARD ENTERPRISE CO 4.5% 03/23/2028</title>
        <cusip>42824CCC1</cusip>
        <identifiers>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>DEFT 2026-1A A2</name>
        <lei>N/A</lei>
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        <cusip>246921AJ9</cusip>
        <identifiers>
          <isin value="US246921AJ95"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-12-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04800000</annualizedRt>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA 30YR 2% 10/01/2050#MA4158</title>
        <cusip>31418DTQ5</cusip>
        <identifiers>
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        <curCd>USD</curCd>
        <valUSD>156717.28000000</valUSD>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
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        <name>BRIDGECREST LENDING AUTO SECURITIZATION TRUST 2026-2</name>
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        <cusip>10807VAE5</cusip>
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        <curCd>USD</curCd>
        <valUSD>858183.42000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
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          <couponKind>Fixed</couponKind>
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        <name>SANTANDER BANK NA - SBCLN</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
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        <name>ENERGY TRANSFER LP</name>
        <lei>MTLVN9N7JE8MIBIJ1H73</lei>
        <title>ENERGY TRANSFER LP 4.55% 01/15/2031</title>
        <cusip>29273VBJ8</cusip>
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          <isin value="US29273VBJ89"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04550000</annualizedRt>
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        <name>CNH INDUSTRIAL CAPITAL LLC</name>
        <lei>549300PNSJ5B81UMVO28</lei>
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        <cusip>12592BAT1</cusip>
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          <isin value="US12592BAT17"/>
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        <curCd>USD</curCd>
        <valUSD>800041.30000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04500000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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        <name>BX COML MTG TR 2024-GPA3</name>
        <lei>N/A</lei>
        <title>BX COML MTG TR 2024-GPA3 TSFR1M+164.233 12/15/2039 144A</title>
        <cusip>123910AC5</cusip>
        <identifiers>
          <isin value="US123910AC54"/>
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        <balance>560649.43000000</balance>
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        <curCd>USD</curCd>
        <valUSD>562051.05000000</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>Variable</couponKind>
          <annualizedRt>0.05269420</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CARMAX SELECT RECEIVABLES TRUST 2025-B</name>
        <lei>N/A</lei>
        <title>CARMAX SELECT RECEIVABLES TRUST 2025-B 4.83% 06/16/2031</title>
        <cusip>14320BAE9</cusip>
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          <isin value="US14320BAE92"/>
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        <balance>1429000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1427195.17000000</valUSD>
        <pctVal>0.030072640315</pctVal>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04830000</annualizedRt>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HSBC HOLDINGS PLC</name>
        <lei>MLU0ZO3ML4LN2LL2TL39</lei>
        <title>HSBC HOLDINGS PLC 4.899%/VAR 03/03/2029</title>
        <cusip>404280EQ8</cusip>
        <identifiers>
          <isin value="US404280EQ84"/>
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        <balance>2425000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2437997.85000000</valUSD>
        <pctVal>0.051371412945</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-03</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04899000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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        <name>NELNET STUDENT LN TR 2019-5</name>
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        <name>HUNTINGTON NATIONAL BANK</name>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
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        <name>CHICAGO BOARD OF TRADE</name>
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        <name>PNC FINANCIAL SERVICES GRP INC</name>
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        <name>TOYOTA AUTO RECEIVABLES 2025-B OWNER TR</name>
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        <name>OBX 2021-NQM1 TR</name>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
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        <name>DAIMLER TRUCKS FINANCE NORTH AMERICA LLC</name>
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        <name>ENTERPRISE FLEET FINANCING 2025-1 LLC</name>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
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        <name>GREENSKY HOME IMPROVEMENT 2025-3A</name>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
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        <name>SFS AUTO RECEIVABLES SECURITIZATION TR 2024-1</name>
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        <name>GCAT 2026-NQM2 TRUST</name>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
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        <name>GNMA II GTD PASS THRU CTF MULTIPLE ISSUER</name>
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        <name>MVW 2020-1 LLC</name>
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        <name>TRICON RESIDENTIAL 2024-SFR2 TR</name>
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        <name>FED HOME LOAN MTG CORP - GOLD</name>
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          <couponKind>Fixed</couponKind>
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        <name>ING GROEP NV</name>
        <lei>549300NYKK9MWM7GGW15</lei>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <name>BRIDGECREST LENDING AUTO SECURITIZATION TRUST 2026-1</name>
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        <name>ANGEL OAK MORTGAGE TRUST 2026-2</name>
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          <couponKind>Variable</couponKind>
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        <name>SOUTHWEST AIRLINES CO</name>
        <lei>UDTZ87G0STFETI6HGH41</lei>
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        <name>PACIFIC GAS and ELECTRIC CO</name>
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        <name>DEFT 2026-1A A2</name>
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        <name>SOUTH BOW USA INFRASTRUCTURE HOLDINGS LLC</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA 6.00% 4/40 #AE0349</title>
        <cusip>31419AL70</cusip>
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          <couponKind>Fixed</couponKind>
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        <name>WHEELS FLEET LEASE FUNDING 1 LLC</name>
        <lei>549300BSFY0E0XXREF43</lei>
        <title>WHEELS FLEET LEASE FUNDING 1 LLC 6.46% 08/18/2038 144A</title>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ALLY AUTO RECEIVABLES TRUST 2025-1</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>BA CR CARD TR</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>CARMAX AUTO OWNER TR 2023-2</name>
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          <couponKind>Fixed</couponKind>
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        <name>HCA INC</name>
        <lei>L3CJ6J7LJ2DX62FTXD46</lei>
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        <name>NAVIENT STUDENT LOAN TRUST 2023-A</name>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>VERDANT RECEIVABLES 2024-1 LLC</name>
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        <name>BANK OF AMERICA CORPORATION</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>ISHARES TR</name>
        <lei>549300G3FWQPUM47D181</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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        <valUSD>48149.88000000</valUSD>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>ROWE T PRICE SHORT TERM BD FD INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>NEXTERA ENERGY CAP HLDGS INC</name>
        <lei>UMI46YPGBLUE4VGNNT48</lei>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>ALLY AUTO RECEIVABLES TR 2023-A</name>
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        <title>ALLY AUTO RECEIVABLES TR 2023-A C 6.08% 01/17/2034 144A</title>
        <cusip>02008NAD9</cusip>
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          <isin value="US02008NAD93"/>
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        <curCd>USD</curCd>
        <valUSD>178103.34000000</valUSD>
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        <name>HYUNDAI CAPITAL AMERICA</name>
        <lei>549300RIPPWJB5Z0FK07</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>INTERNATIONAL FLAVORS and FRAGRANCES INC</name>
        <lei>BZLRL03D3GPGMOGFO832</lei>
        <title>INTERNATIONAL FLAVS and FRAG INC 2.3% 11/01/2030 144A</title>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
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        <name>GMF FLOORPLAN OWNER REVOLVING TR</name>
        <lei>N/A</lei>
        <title>GMF FLOORPLAN OWNER REVOLVING TR SOFR30A+55 03/15/2029 144A</title>
        <cusip>361886DX9</cusip>
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          <isin value="US361886DX94"/>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
          <annualizedRt>0.04242850</annualizedRt>
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      <invstOrSec>
        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA 30YR 6% 06/01/2054#CB8755</title>
        <cusip>3140QUWR3</cusip>
        <identifiers>
          <isin value="US3140QUWR36"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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        <name>NISOURCE INC</name>
        <lei>549300D8GOWWH0SJB189</lei>
        <title>NISOURCE INC 5.25% 03/30/2028</title>
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          <isin value="US65473PAN50"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CYRUSONE DATA CENTERS ISSUER I LLC</name>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GNMA II GTD PASS THRU CTF MULTIPLE ISSUER</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GNII II 4% 04/20/2050#BS6833</title>
        <cusip>3617MHSW7</cusip>
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        <curCd>USD</curCd>
        <valUSD>4100.04000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>AFFRM 2026-X1</name>
        <lei>N/A</lei>
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        <identifiers>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA 15YR 3% 12/01/2034#CA4885</title>
        <cusip>3140QCNB8</cusip>
        <identifiers>
          <isin value="US3140QCNB86"/>
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        <curCd>USD</curCd>
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          <couponKind>Fixed</couponKind>
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        <name>ENERGY TRANSFER LP</name>
        <lei>MTLVN9N7JE8MIBIJ1H73</lei>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>INTERNATIONAL FLAVORS and FRAGRANCES INC</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>APPLEBEE'S/IHOP FUNDING LLC</name>
        <lei>N/A</lei>
        <title>APPLEBEE'S/IHOP FUNDING LLC 7.824% 03/05/2053 144A</title>
        <cusip>03789XAF5</cusip>
        <identifiers>
          <isin value="US03789XAF50"/>
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        <curCd>USD</curCd>
        <valUSD>530200.86000000</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>Fixed</couponKind>
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      <invstOrSec>
        <name>BANK OF AMERICA CORPORATION</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
        <title>BANK OF AMERICA CORPORATION 4.948%/VAR 07/22/2028</title>
        <cusip>06051GKW8</cusip>
        <identifiers>
          <isin value="US06051GKW86"/>
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        <balance>2902000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2920416.90000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>GNMA GUARANTEED PASS THRU CERT</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GNMA II 4% 04/20/2050#BT2982</title>
        <cusip>3617MRJ39</cusip>
        <identifiers>
          <isin value="US3617MRJ391"/>
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        <curCd>USD</curCd>
        <valUSD>16291.36000000</valUSD>
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        <issuerCat>USGA</issuerCat>
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          <couponKind>Fixed</couponKind>
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        <name>AMERICAN EXPRESS CO</name>
        <lei>R4PP93JZOLY261QX3811</lei>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <name>DTE ENERGY CO</name>
        <lei>549300IX8SD6XXD71I78</lei>
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        <issuerCat>CORP</issuerCat>
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          <couponKind>Fixed</couponKind>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA 30YR 5% 02/01/2056#FA4437</title>
        <cusip>3140W44X2</cusip>
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        <curCd>USD</curCd>
        <valUSD>1114196.57000000</valUSD>
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          <couponKind>Fixed</couponKind>
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        <name>KUBOTA CREDIT OWNER TRUST 2025-2</name>
        <lei>N/A</lei>
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        <cusip>50117LAB4</cusip>
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        <issuerCat>CORP</issuerCat>
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          <couponKind>Fixed</couponKind>
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        <name>AMRIZE FINANCE US LLC</name>
        <lei>529900FB2F1WKLFNGY62</lei>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
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        <name>VERIZON MASTER TRUST</name>
        <lei>N/A</lei>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA 30YR 4.5% 07/01/2049#MA3694</title>
        <cusip>31418DC83</cusip>
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          <isin value="US31418DC833"/>
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        <curCd>USD</curCd>
        <valUSD>3237.46000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04500000</annualizedRt>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BANK OF MONTREAL QUE</name>
        <lei>NQQ6HPCNCCU6TUTQYE16</lei>
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        <name>HYUNDAI AUTO RECEIVABLES TRUST 25-B</name>
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        <cusip>44935XAB1</cusip>
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        <name>WELLS FARGO COML MTG TR 2024-GRP</name>
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        <name>IMPERIAL BRANDS FINANCE PLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>GNMA II GTD PASS THRU CTF MULTIPLE ISSUER</name>
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        <cusip>36179UMP4</cusip>
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        <name>PROGRESS RESIDENTIAL TRUST 2021-SFR8</name>
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        <name>MAGNETITE XXII LTD / MAGNETITE XXII LLC</name>
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        <name>SECURITIZED TERM AUTO RECEIVABLES TRUST</name>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
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          <couponKind>Fixed</couponKind>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA 15YR 3% 02/30#AS4509</title>
        <cusip>3138WEAK5</cusip>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
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        <name>USCLN 2023-1</name>
        <lei>N/A</lei>
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        <identifiers>
          <isin value="US90357PAV67"/>
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        <name>CSL FINANCE PLC</name>
        <lei>2549007CCNBNAF4HBC02</lei>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <name>HUNTINGTON BANK AUTO CREDIT-LINKED NOTES SERIES 2024-1</name>
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        <title>HUNTINGTON BANK AUTO CREDIT-LINKED NOTES SERIES 2024-1 2025-2 B2 SOFR30A+120 09/20/2033 144A</title>
        <cusip>44644NAP4</cusip>
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        <name>SOCIETE GENERALE</name>
        <lei>O2RNE8IBXP4R0TD8PU41</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>WORLD OMNI AUTO RECEIVABLES TRUST 2025-A</name>
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        <title>WORLD OMNI AUTO RECEIVABLES TRUST 2025-A 4.49% 04/17/2028</title>
        <cusip>98164YAB7</cusip>
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          <couponKind>Fixed</couponKind>
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        <name>FEDERAL HOME LOAN MORTGAGE COR PORATION</name>
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        <name>HOMES 2026-AFC1 TR</name>
        <lei>N/A</lei>
        <title>HOMES 2026-AFC1 A1 TRUST VAR 02/25/2061 144A</title>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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        <name>MORGAN STANLEY RESIDENTIAL MORTGAGE LOAN TRUST 2026-NQM4</name>
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        <title>MORGAN STANLEY RESIDENTIAL MORTGAGE LOAN TRUST 2026-NQM4 5.4% 03/25/2071 144A</title>
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        <curCd>USD</curCd>
        <valUSD>263858.37000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>FNMA GTD MTG PASS THRU CTF</name>
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        <fairValLevel>2</fairValLevel>
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        <name>BOEING CO</name>
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        <fairValLevel>2</fairValLevel>
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        <name>MVWOT 2023-2A</name>
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        <name>SANTANDER BK AUTO CR LINKED NTS SER 2024-B</name>
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        <name>HUNTINGTON BANK AUTO CREDIT-LINKED NOTES SERIES 2024-1</name>
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        <name>HARDEES FDG LLC / CARLS JR FDG LLC</name>
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        <name>BLUEMOUNTAIN CLO 2016-3 LTD</name>
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        <name>DAIMLER TRUCKS FINANCE NORTH AMERICA LLC</name>
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        <name>SONIC CAP LLC / SONIC INDS LLC / SRI REAL ESTATE HLDG LLC / AMERS</name>
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        <name>VAR ENERGI ASA</name>
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        <name>AMEREN CORP</name>
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        <name>TENGIZCHEVROIL FINANCE CO INTERNATIONAL LTD</name>
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        <name>BANK5 2024-5YR9</name>
        <lei>N/A</lei>
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        <name>ROC MORTGAGE TRUST 2024-RTL1</name>
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        <issuerCat>CORP</issuerCat>
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        <name>BANK OF MONTREAL QUE</name>
        <lei>NQQ6HPCNCCU6TUTQYE16</lei>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <name>DARDEN RESTAURANTS INC</name>
        <lei>CY1NFSCCB5GUXC7WZC70</lei>
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        <curCd>USD</curCd>
        <valUSD>1676737.02000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>OWENS CORNING NEW</name>
        <lei>JO5M6676RDJIZ2U8X907</lei>
        <title>OWENS CORNING NEW 3.4% 08/15/2026</title>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>JOHN DEERE OWNER TR 2024-C</name>
        <lei>N/A</lei>
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        <cusip>477911AC5</cusip>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>ANGEL OAK MTG TR 2025-5</name>
        <lei>N/A</lei>
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        <cusip>03466EAA8</cusip>
        <identifiers>
          <isin value="US03466EAA82"/>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05573000</annualizedRt>
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      <invstOrSec>
        <name>TOWD POINT MORTGAGE TRUST 2019-HY3</name>
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        <title>TOWD POINT MORTGAGE TRUST 2019-HY3 M1 TSFR1M+161.448 10/25/2059 144A</title>
        <cusip>89177XAD9</cusip>
        <identifiers>
          <isin value="US89177XAD93"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>COCA-COLA EUROPACIFIC PARTNERS PLC</name>
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          <isin value="US19123MAF05"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01500000</annualizedRt>
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      <invstOrSec>
        <name>VALLEY STREAM PK CLO LTD / VY STREAM PK CLO LLC</name>
        <lei>N/A</lei>
        <title>VALLEY STREAM PK CLO LTD / VY STREAM PK CLO LLC ARR TSFR3M+119 01/20/2037 144A</title>
        <cusip>92013AAT6</cusip>
        <identifiers>
          <isin value="US92013AAT60"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>CARMAX AUTO OWNER TR 2023-2</name>
        <lei>N/A</lei>
        <title>CARMAX AUTO OWNER TR 2023-2 D 6.55% 10/15/2029</title>
        <cusip>142921AH8</cusip>
        <identifiers>
          <isin value="US142921AH80"/>
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        <balance>635000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06550000</annualizedRt>
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      <invstOrSec>
        <name>LLOYDS BANKING GROUP PLC</name>
        <lei>549300PPXHEU2JF0AM85</lei>
        <title>LLOYDS BANKING GROUP PLC 3.574%/VAR 11/07/2028</title>
        <cusip>539439AQ2</cusip>
        <identifiers>
          <isin value="US539439AQ24"/>
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        <balance>2600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2567638.92000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-07</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.03574000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA ARM 5.52% 12/35 #848476</title>
        <cusip>31408DT95</cusip>
        <identifiers>
          <isin value="US31408DT952"/>
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        <balance>3144.94920000</balance>
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        <curCd>USD</curCd>
        <valUSD>3240.76000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>0.06095000</annualizedRt>
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      <invstOrSec>
        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA ARM 5.92% 12/36 #905196</title>
        <cusip>31411DUV9</cusip>
        <identifiers>
          <isin value="US31411DUV99"/>
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        <curCd>USD</curCd>
        <valUSD>822.46000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
          <annualizedRt>0.06415000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ONEOK INC</name>
        <lei>2T3D6M0JSY48PSZI1Q41</lei>
        <title>ONEOK INC 5.55% 11/01/2026</title>
        <cusip>682680BH5</cusip>
        <identifiers>
          <isin value="US682680BH51"/>
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        <balance>1440000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05550000</annualizedRt>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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        <name>SANTANDER HLDGS USA INC</name>
        <lei>549300SMVCQN2P0O6I58</lei>
        <title>SANTANDER HLDGS USA INC 2.49%/VAR 01/06/2028</title>
        <cusip>80282KBC9</cusip>
        <identifiers>
          <isin value="US80282KBC99"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>0.02490000</annualizedRt>
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        <name>GNMA II GTD PASS THRU CTF MULTIPLE ISSUER</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GNII II 3% 09/20/2047#MA4718</title>
        <cusip>36179TG33</cusip>
        <identifiers>
          <isin value="US36179TG338"/>
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        <balance>741440.99000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>TRUIST FINANCIAL CORP</name>
        <lei>549300DRQQI75D2JP341</lei>
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        <cusip>89788MAL6</cusip>
        <identifiers>
          <isin value="US89788MAL63"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <name>LINCOLN FINANCIAL GLOBAL FUNDING</name>
        <lei>984500OC010458395923</lei>
        <title>LINCOLN FINANCIAL GLOBAL FUNDING 5.3% 01/13/2030 144A</title>
        <cusip>53359KAA9</cusip>
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          <isin value="US53359KAA97"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SEB FUNDING LLC</name>
        <lei>N/A</lei>
        <title>SEB FUNDING LLC 1A A2 7.386% 04/30/2054 144A</title>
        <cusip>78433DAC8</cusip>
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          <isin value="US78433DAC83"/>
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        <curCd>USD</curCd>
        <valUSD>937316.43000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-04-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07386000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA 30YR 5.5% 02/01/2054#CB7985</title>
        <cusip>3140QT2T5</cusip>
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          <isin value="US3140QT2T57"/>
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        <balance>1277351.21000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1294431.06000000</valUSD>
        <pctVal>0.027275148135</pctVal>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05500000</annualizedRt>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>WELLS FARGO and CO</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
        <title>WELLS FARGO and CO NEW 5.707%/VAR 04/22/2028</title>
        <cusip>95000U3L5</cusip>
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          <isin value="US95000U3L56"/>
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        <balance>2500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2528491.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
          <annualizedRt>0.05707000</annualizedRt>
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      <invstOrSec>
        <name>LEIDOS INC</name>
        <lei>5493006I78VIN6J1BQ95</lei>
        <title>LEIDOS INC 4.1% 03/15/2029</title>
        <cusip>52532XAM7</cusip>
        <identifiers>
          <isin value="US52532XAM74"/>
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        <balance>2185000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2157035.85000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04100000</annualizedRt>
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      <invstOrSec>
        <name>CANYON CAPITAL CLO 2019-2 LTD</name>
        <lei>N/A</lei>
        <title>CANYON CAPITAL CLO 2019-2 LTD AR2 TSFR3M+101 10/15/2034 144A</title>
        <cusip>13887WAS9</cusip>
        <identifiers>
          <isin value="US13887WAS98"/>
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        <balance>990000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>988395.21000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-10-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04683100</annualizedRt>
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      <invstOrSec>
        <name>BFLD COML MTG TR 2025-5MW</name>
        <lei>N/A</lei>
        <title>BFLD COMMERCIAL MORTGAGE TRUST 2025-5MW C 5.45123% 10/10/2042 144A</title>
        <cusip>088921AC5</cusip>
        <identifiers>
          <isin value="US088921AC56"/>
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        <balance>300000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>299521.68000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-10-10</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.05451230</annualizedRt>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>FISERV INC</name>
        <lei>GI7UBEJLXYLGR2C7GV83</lei>
        <title>FISERV INC 5.375% 08/21/2028</title>
        <cusip>337738BG2</cusip>
        <identifiers>
          <isin value="US337738BG22"/>
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        <balance>1090000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1103877.06000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05375000</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>BATTALION CLO XII LTD</name>
        <lei>N/A</lei>
        <title>BATTALION CLO XII LTD CRR TSFR3M+155 05/17/2031 144A</title>
        <cusip>07133RBA2</cusip>
        <identifiers>
          <isin value="US07133RBA23"/>
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        <balance>1020000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1020221.34000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-05-17</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.05198940</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>EXELON CORP</name>
        <lei>3SOUA6IRML7435B56G12</lei>
        <title>EXELON CORP 5.15% 03/15/2029</title>
        <cusip>30161NBM2</cusip>
        <identifiers>
          <isin value="US30161NBM20"/>
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        <balance>605000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>615097.99000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05150000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PRINCIPAL LIFE GLOBAL FDG II</name>
        <lei>635400WSLKBQWSOIIT41</lei>
        <title>PRINCIPAL LIFE GLOBAL FDG II 4.65% 05/18/2029 144A</title>
        <cusip>74256L6U8</cusip>
        <identifiers>
          <isin value="US74256L6U88"/>
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        <balance>3000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2997338.25000000</valUSD>
        <pctVal>0.063157357164</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04650000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Fidelity Revere Street Trust</name>
        <lei>549300BDV45LJNXBZC55</lei>
        <title>Fidelity Cash Central Fund</title>
        <cusip>31635A105</cusip>
        <identifiers>
          <isin value="US31635A1051"/>
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        <balance>4903915.72700000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4904896.51000000</valUSD>
        <pctVal>0.103351799129</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>JPMORGAN CHASE and CO</name>
        <lei>8I5DZWZKVSZI1NUHU748</lei>
        <title>JPMORGAN CHASE and CO 4.851%/VAR 07/25/2028</title>
        <cusip>46647PDG8</cusip>
        <identifiers>
          <isin value="US46647PDG81"/>
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        <balance>2491000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2503359.07000000</valUSD>
        <pctVal>0.052748648870</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04851000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CENT TRUST 2025-CITY</name>
        <lei>N/A</lei>
        <title>CENT TRUST 2025-CITY A VAR 07/10/2040 144A</title>
        <cusip>12517TAA5</cusip>
        <identifiers>
          <isin value="US12517TAA51"/>
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        <balance>860000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>860660.31000000</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>2040-07-10</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.05090927</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>NAVIENT PRIVATE EDUCATION REFI LOAN TRUST 2024-A</name>
        <lei>N/A</lei>
        <title>NAVIENT PRIVATE EDUCATION REFI LOAN TRUST 2024-A 5.66% 10/15/2072 144A</title>
        <cusip>63943CAA9</cusip>
        <identifiers>
          <isin value="US63943CAA99"/>
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        <balance>231701.83720000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>234194.09000000</valUSD>
        <pctVal>0.004934738275</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2072-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05660000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HCA INC</name>
        <lei>L3CJ6J7LJ2DX62FTXD46</lei>
        <title>HCA INC 5.625% 09/01/2028</title>
        <cusip>404121AJ4</cusip>
        <identifiers>
          <isin value="US404121AJ49"/>
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        <balance>2185000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2225608.49000000</valUSD>
        <pctVal>0.046896125357</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05625000</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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        <name>NIAGARA MOHAWK POWER CORP</name>
        <lei>3T97Y9RR5EN5Y18QHB56</lei>
        <title>NIAGARA MOHAWK POWER CORP 4.647% 10/03/2030 144A</title>
        <cusip>653522DT6</cusip>
        <identifiers>
          <isin value="US653522DT66"/>
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        <balance>1105000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1099209.46000000</valUSD>
        <pctVal>0.023161604955</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-10-03</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04647000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SOCIETE GENERALE</name>
        <lei>O2RNE8IBXP4R0TD8PU41</lei>
        <title>SOCIETE GENERALE FRANCE 5.519%/VAR 01/19/2028 144A</title>
        <cusip>83368RBV3</cusip>
        <identifiers>
          <isin value="US83368RBV33"/>
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        <balance>1030000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1035766.43000000</valUSD>
        <pctVal>0.021824787495</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-19</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.05519000</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>BX COMMERCIAL MORTGAGE TRUST 2021-PAC</name>
        <lei>N/A</lei>
        <title>BX COMMERCIAL MORTGAGE TRUST 2021-PAC TSFR1M+80.358 21 10/15/2036 144A</title>
        <cusip>05609PAA6</cusip>
        <identifiers>
          <isin value="US05609PAA66"/>
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        <balance>1872000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1871415.00000000</valUSD>
        <pctVal>0.039432861992</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-10-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04430580</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GNMA II GTD PASS THRU CTF MULTIPLE ISSUER</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GNII II 4% 04/20/2050#BS6831</title>
        <cusip>3617MHSU1</cusip>
        <identifiers>
          <isin value="US3617MHSU16"/>
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        <balance>12448.81000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>11744.89000000</valUSD>
        <pctVal>0.000247478312</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-04-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</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>
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        <name>CIFC FDG 2022-II LTD / CIFC FDG 2022-II LLC</name>
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        <name>KKR CLO 34 LTD</name>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
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        <name>WINGSPIRE EQUIP FIN 2025-1 LLC</name>
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        <name>SFS AUTO RECEIVABLES SECURITIZATION TRUST 25-3A</name>
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        <name>YAMAHA MOTOR MASTER TRUST II</name>
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        <name>DEXT ABS 2025-2 LLC</name>
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        <name>NAVISTAR FINL DEALER NT MASTER OWNER TR II</name>
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        <name>VENTAS RLTY LTD PARTNERSHIP</name>
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        <name>CANADIAN IMPERIAL BANK OF COMMERCE</name>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>NEUBERGER BERMAN LN ADVISERS NBLA CLO 50 LTD / NEUBERGER BERMAN LN</name>
        <lei>N/A</lei>
        <title>NEUBERGER BERMAN CLO LTD 22-50A AR2 VAR 07/23/2036 144A</title>
        <cusip>64134VAY2</cusip>
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        <curCd>USD</curCd>
        <valUSD>3826866.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-07-23</maturityDt>
          <couponKind>Variable</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>GLOBAL PAYMENTS INC</name>
        <lei>549300NOMHGVQBX6S778</lei>
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        <cusip>37940XBA9</cusip>
        <identifiers>
          <isin value="US37940XBA90"/>
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        <balance>1860000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1854923.39000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04550000</annualizedRt>
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      <invstOrSec>
        <name>SANTANDER DRIVE AUTO RECEIVABLES TRUST 2026-1</name>
        <lei>N/A</lei>
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        <cusip>80288FAC5</cusip>
        <identifiers>
          <isin value="US80288FAC59"/>
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        <balance>670000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>665300.02000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03930000</annualizedRt>
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      <invstOrSec>
        <name>ENTERPRISE FLEET FINANCING 2024-4 LLC</name>
        <lei>N/A</lei>
        <title>ENTERPRISE FLEET FINANCING 2024-4 LLC 4.69% 07/20/2027 144A</title>
        <cusip>29374MAB4</cusip>
        <identifiers>
          <isin value="US29374MAB46"/>
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        <balance>1160782.49000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1163056.70000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04690000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>PENSKE TRUCK LEASING CO L P / PTL FIN CORP</name>
        <lei>N/A</lei>
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        <cusip>709599BW3</cusip>
        <identifiers>
          <isin value="US709599BW38"/>
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        <balance>1040000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1068914.23000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06050000</annualizedRt>
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      <invstOrSec>
        <name>TRANSCANADA PIPELINES LTD</name>
        <lei>5BV01I6231JPDAPMGH09</lei>
        <title>TRANSCANADA PIPELINES LTD 4.25% 05/15/2028</title>
        <cusip>89352HAW9</cusip>
        <identifiers>
          <isin value="US89352HAW97"/>
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        <balance>260000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>258933.34000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04250000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NAVIENT PRIVATE ED REFI LN TR 2019-G</name>
        <lei>N/A</lei>
        <title>NAVIENT PRIVATE ED REFI LN TR 2019-GA A 2.4% 10/15/2068 144A</title>
        <cusip>63941JAA6</cusip>
        <identifiers>
          <isin value="US63941JAA60"/>
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        <balance>82696.61450000</balance>
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        <curCd>USD</curCd>
        <valUSD>80683.80000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2068-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02400000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>THE BANK OF NOVA SCOTIA</name>
        <lei>L3I9ZG2KFGXZ61BMYR72</lei>
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        <cusip>06418GAP2</cusip>
        <identifiers>
          <isin value="US06418GAP28"/>
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        <balance>2902000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2925656.20000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-14</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04932000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MTG PASS THRU CTF CL A-1</name>
        <lei>N/A</lei>
        <title>MTG PASS THRU CTF CL A-1 VAR 01/25/2056 144A</title>
        <cusip>552747AA5</cusip>
        <identifiers>
          <isin value="US552747AA55"/>
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        <balance>29465.61000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>28977.56000000</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>2056-01-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.00852000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BANK OF IRELAND GROUP PLC</name>
        <lei>635400C8EK6DRI12LJ39</lei>
        <title>BANK IRELAND GROUP PLC 2.029%/VAR 09/30/2027 144A</title>
        <cusip>06279JAB5</cusip>
        <identifiers>
          <isin value="US06279JAB52"/>
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        <balance>2200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>0.02029000</annualizedRt>
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      <invstOrSec>
        <name>BARCLAYS PLC</name>
        <lei>213800LBQA1Y9L22JB70</lei>
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        <cusip>06738ECP8</cusip>
        <identifiers>
          <isin value="US06738ECP88"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>0.05674000</annualizedRt>
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      <invstOrSec>
        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA ARM 4.58% 7/35 #826362</title>
        <cusip>31407CB71</cusip>
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        <curCd>USD</curCd>
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        <issuerCat>USGSE</issuerCat>
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          <couponKind>Variable</couponKind>
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        <name>EFMT 2026-NQM1</name>
        <lei>254900H3V169GPKPIM43</lei>
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        <cusip>26846GAG2</cusip>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>Fidelity Colchester Street Trust</name>
        <lei>549300SHPEJB1OPRCV46</lei>
        <title>FIMM MM Government Portfolio - Instl Cl</title>
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          <isin value="US31607A7037"/>
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        <curCd>USD</curCd>
        <valUSD>123902900.28000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>ORANGE</name>
        <lei>969500MCOONR8990S771</lei>
        <title>ORANGE 4.25% 01/13/2031 144A</title>
        <cusip>685218AD1</cusip>
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          <isin value="US685218AD19"/>
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        <balance>1505000.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
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          <couponKind>Fixed</couponKind>
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        <name>BMO 2024-C8</name>
        <lei>N/A</lei>
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        <cusip>05593HAA2</cusip>
        <identifiers>
          <isin value="US05593HAA23"/>
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        <balance>316459.61000000</balance>
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        <curCd>USD</curCd>
        <valUSD>317736.84000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <name>SNF GROUP SACA</name>
        <lei>969500F7036FEDYPRV54</lei>
        <title>SNF GROUP SACA 5.626% 03/31/2031 144A</title>
        <cusip>784944AA8</cusip>
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          <isin value="US784944AA89"/>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>COREBRIDGE GLOBAL FUNDING</name>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>BARCLAYS PLC</name>
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        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>CREDIT AGRICOLE SA</name>
        <lei>969500TJ5KRTCJQWXH05</lei>
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        <identifiers>
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        <balance>955000.00000000</balance>
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        <invCountry>FR</invCountry>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>CITIGROUP INC</name>
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        <balance>1680000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-09-11</maturityDt>
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      </invstOrSec>
      <invstOrSec>
        <name>FED HOME LOAN MTG CORP - GOLD</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FHLG 30YR 5.5% 11/01/2053#SD4674</title>
        <cusip>3132DSFP2</cusip>
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        <curCd>USD</curCd>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-11-01</maturityDt>
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      <invstOrSec>
        <name>GNMA GUARANTEED PASS THRU CERT</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GNMA II 4% 10/20/2052#MA8346</title>
        <cusip>36179XHX7</cusip>
        <identifiers>
          <isin value="US36179XHX75"/>
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        <balance>750487.03000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <securityLending>
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      <invstOrSec>
        <name>BMO 2024-5C4 MTG TR</name>
        <lei>N/A</lei>
        <title>BMO 2024-5C4 MTG TR VAR 05/15/2057</title>
        <cusip>09660SAU4</cusip>
        <identifiers>
          <isin value="US09660SAU42"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1043685.20000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2057-05-15</maturityDt>
          <couponKind>Variable</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ROMARK CLO II LTD</name>
        <lei>N/A</lei>
        <title>ROMARK CLO II LTD A2R TSFR3M+165 07/25/2031 144A</title>
        <cusip>77587EAN8</cusip>
        <identifiers>
          <isin value="US77587EAN85"/>
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        <balance>2150000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2151143.80000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.05316590</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FED HOME LOAN MTG CORP - GOLD</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FHLG 30YR 5.5% 07/01/2055#SL1856</title>
        <cusip>31427PB29</cusip>
        <identifiers>
          <isin value="US31427PB293"/>
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        <balance>701639.09000000</balance>
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        <curCd>USD</curCd>
        <valUSD>708214.36000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05500000</annualizedRt>
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      <invstOrSec>
        <name>BMARK 2024-V8</name>
        <lei>N/A</lei>
        <title>BMARK 2024-V8 5.514% 07/15/2057</title>
        <cusip>08190AAA8</cusip>
        <identifiers>
          <isin value="US08190AAA88"/>
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        <balance>311105.74000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>314599.55000000</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>0.05514000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FORTRESS CREDIT BSL VIII LTD</name>
        <lei>N/A</lei>
        <title>FORTRESS CREDIT BSL VIII LTD A1AR TSFR3M+105 10/20/2032 144A</title>
        <cusip>34962DAN6</cusip>
        <identifiers>
          <isin value="US34962DAN66"/>
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        <balance>150170.27000000</balance>
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        <curCd>USD</curCd>
        <valUSD>150184.24000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-10-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04722140</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ALLY BK MIDVALE UTAH</name>
        <lei>549300C04BJ0G297NC13</lei>
        <title>ALLY BK MIDVALE UTAH 24-A C 6.022% 05/17/2032 144A</title>
        <cusip>02007GZ63</cusip>
        <identifiers>
          <isin value="US02007GZ635"/>
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        <balance>93648.75000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>94928.15000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-05-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06022000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <name>NYMT LOAN TRUST 2026-INV3</name>
        <lei>N/A</lei>
        <title>NYMT LOAN TRUST 2026-INV3 A1 5.307%/VAR 06/27/2061 144A</title>
        <cusip>67124MAC5</cusip>
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          <isin value="US67124MAC55"/>
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        <balance>2825000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2824994.35000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2061-06-27</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.05307000</annualizedRt>
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        <name>ONEOK INC</name>
        <lei>2T3D6M0JSY48PSZI1Q41</lei>
        <title>ONEOK INC 4.25% 09/24/2027</title>
        <cusip>682680CB7</cusip>
        <identifiers>
          <isin value="US682680CB72"/>
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        <balance>2520000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2514472.73000000</valUSD>
        <pctVal>0.052982826442</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-09-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04250000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PENSKE TRUCK LEASING CO L P / PTL FIN CORP</name>
        <lei>N/A</lei>
        <title>PENSKE TRUCK LEASING CO LP /CORP 5.35% 01/12/2027 144A</title>
        <cusip>709599BY9</cusip>
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          <isin value="US709599BY93"/>
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        <balance>515000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>517202.59000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-01-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05350000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FORD MOTOR CREDIT CO LLC</name>
        <lei>UDSQCVRUX5BONN0VY111</lei>
        <title>FORD MOTOR CREDIT CO LLC 5.303% 09/06/2029</title>
        <cusip>345397G23</cusip>
        <identifiers>
          <isin value="US345397G230"/>
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        <balance>400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>400536.87000000</valUSD>
        <pctVal>0.008439771572</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05303000</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>M and T BANK AUTO RECEIVABLES TRUST 2026-1</name>
        <lei>N/A</lei>
        <title>MTBAT 2026-1A A3 4.49% 06/16/2031 144A</title>
        <cusip>551922AC1</cusip>
        <identifiers>
          <isin value="US551922AC11"/>
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        <balance>2405000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2414986.52000000</valUSD>
        <pctVal>0.050886537811</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <name>AFFIRM MASTER TRUST</name>
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        <name>COX COMMUNICATIONS INC</name>
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        <name>ERAC USA FIN LLC</name>
        <lei>LTKX5ODQW6Z7BQ2K1V47</lei>
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        <name>WHEELS FLEET LEASE FUNDING 1 LLC</name>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
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        <cusip>31402CVW9</cusip>
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        <name>TRINITAS CLO VI LTD / TRINITAS CLO VI LLC</name>
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        <title>TRINITAS CLO VI LTD / TRINITAS CLO VI LLC 2017-6A AR4 TSFR3M+111 01/25/2034 144A</title>
        <cusip>89640YBQ6</cusip>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
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        <name>PENN COMMERCIAL MORTGAGE TRUST</name>
        <lei>N/A</lei>
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        <cusip>69382VAA2</cusip>
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        <issuerCat>CORP</issuerCat>
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        <name>CVS HEALTH CORP</name>
        <lei>549300EJG376EN5NQE29</lei>
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        <name>HYUNDAI CAPITAL AMERICA</name>
        <lei>549300RIPPWJB5Z0FK07</lei>
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        <name>LPL HOLDINGS INC</name>
        <lei>549300Z5YF8CCRMYUL26</lei>
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        <name>J P MORGAN MTG TR 2025-DSC1</name>
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        <cusip>46593TAA0</cusip>
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        <name>HPEFS EQUIP TR 2024-2</name>
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        <issuerCat>CORP</issuerCat>
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          <couponKind>Fixed</couponKind>
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        <name>CARMX 2023-3 A3</name>
        <lei>N/A</lei>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>PENSKE TRUCK LEASING CO L P / PTL FIN CORP</name>
        <lei>N/A</lei>
        <title>PENSKE TRUCK LEASING CO LP /CORP 5.55% 05/01/2028 144A</title>
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          <isin value="US709599BT09"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Maple Parent Holdings Corp</name>
        <lei>254900J6FBJ1E892Q074</lei>
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        <curCd>USD</curCd>
        <valUSD>1679654.26000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>HYUNDAI CAPITAL AMERICA</name>
        <lei>549300RIPPWJB5Z0FK07</lei>
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          <isin value="US44891AEJ25"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04600000</annualizedRt>
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      <invstOrSec>
        <name>DRIVE AUTO RECEIVABLES TR 2024-2</name>
        <lei>N/A</lei>
        <title>DRIVE AUTO RECEIVABLES TR 2024-2 4.67% 05/17/2032</title>
        <cusip>26207AAF0</cusip>
        <identifiers>
          <isin value="US26207AAF03"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-05-17</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ENTERPRISE FLEET FING 2026-2 LLC</name>
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          <isin value="US29375HAC25"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>APTARGROUP INC</name>
        <lei>VNPEQDQFAA7IY1T2PX43</lei>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>OCTANE RECEIVABLES TR 2025-RVM1</name>
        <lei>N/A</lei>
        <title>OCTANE RECEIVABLES TR 2025-RVM1 B 4.83% 12/20/2046 144A</title>
        <cusip>67571HAB6</cusip>
        <identifiers>
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        <curCd>USD</curCd>
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        <assetCat>ABS-CBDO</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ARI FLEET LEASE TRUST 2024-B</name>
        <lei>N/A</lei>
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        <cusip>04033HAB1</cusip>
        <identifiers>
          <isin value="US04033HAB15"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05540000</annualizedRt>
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      <invstOrSec>
        <name>COLT 2024-INV4 MTG LN TR</name>
        <lei>N/A</lei>
        <title>COLT 2024-INV4 A3 MORTGAGE LOAN TRUST VAR 05/25/2069 144A</title>
        <cusip>19688QAC5</cusip>
        <identifiers>
          <isin value="US19688QAC50"/>
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        <balance>922340.49000000</balance>
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        <curCd>USD</curCd>
        <valUSD>927909.58000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2069-05-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.06111000</annualizedRt>
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      <invstOrSec>
        <name>SANTANDER BANK NA - SBCLN</name>
        <lei>N/A</lei>
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        <cusip>80290CCA0</cusip>
        <identifiers>
          <isin value="US80290CCA09"/>
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        <curCd>USD</curCd>
        <valUSD>87476.81000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <name>CROWN CASTLE INC</name>
        <lei>54930012H97VSM0I2R19</lei>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>STATE STR INVT TR</name>
        <lei>549300CCOK7OZZUAS108</lei>
        <title>State Street Instl US Govt MMkt Premier</title>
        <cusip>857492706</cusip>
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          <isin value="US8574927062"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>DEUTSCHE BANK AG NEW YORK BNCH</name>
        <lei>7LTWFZYICNSX8D621K86</lei>
        <title>DEUTSCHE BANK AG NEW YORK BNCH 5.706%/VAR 02/08/2028</title>
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          <isin value="US251526CV96"/>
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        <curCd>USD</curCd>
        <valUSD>1008400.33000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
          <annualizedRt>0.05706000</annualizedRt>
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        <name>GALTON FDG MTG TR 2019-H1</name>
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        <identifiers>
          <isin value="US36418XAD93"/>
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        <curCd>USD</curCd>
        <valUSD>571967.58000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>COMM 2014-CCRE15 MTG TR</name>
        <lei>N/A</lei>
        <title>COMM 2014-CCRE15 MTG TR VAR 02/10/2047</title>
        <cusip>12591RBD1</cusip>
        <identifiers>
          <isin value="US12591RBD17"/>
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        <balance>320340.54000000</balance>
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        <curCd>USD</curCd>
        <valUSD>308690.62000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>HSBC HOLDINGS PLC</name>
        <lei>MLU0ZO3ML4LN2LL2TL39</lei>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-05-17</maturityDt>
          <couponKind>Variable</couponKind>
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        <name>AMERICAN EXPRESS CO</name>
        <lei>R4PP93JZOLY261QX3811</lei>
        <title>AMERICAN EXPRESS CO 4.444%/VAR 05/03/2030</title>
        <cusip>025816ET2</cusip>
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          <isin value="US025816ET20"/>
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        <curCd>USD</curCd>
        <valUSD>2212130.79000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-03</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04444000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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        <name>WHEELS FLEET LEASE FUNDING 1 LLC</name>
        <lei>549300BSFY0E0XXREF43</lei>
        <title>WHEELS FLEET LEASE FUNDING 1 LLC 24-1A A1 5.49% 02/18/2039 144A</title>
        <cusip>96328GBM8</cusip>
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          <isin value="US96328GBM87"/>
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        <balance>597051.31000000</balance>
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        <curCd>USD</curCd>
        <valUSD>602249.60000000</valUSD>
        <pctVal>0.012690090312</pctVal>
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        <name>INTERNATIONAL FLAVORS and FRAGRANCES INC</name>
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        <name>FED HOME LOAN MTG CORP - GOLD</name>
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        <name>AUXILIOR TERM FDG 2023-1 LLC</name>
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        <name>VOLKSWAGEN AUTO LEASE TRUST 2025-B</name>
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        <name>INTERNATIONAL FLAVORS and FRAGRANCES INC</name>
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        <name>SOUTHERN CALIFORNIA EDISON CO</name>
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        <name>VERUS SECURITIZATION TRUST 23-6</name>
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        <name>POST RD EQUIP FIN 2024-1</name>
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        <name>FEDERAL HOME LOAN MORTGAGE COR PORATION</name>
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        <name>HPEFS EQIPMENT TR 2024-1</name>
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        <name>GNMA II GTD PASS THRU CTF MULTIPLE ISSUER</name>
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        <name>CITIGROUP INC</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
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        <name>SOCIETE GENERALE</name>
        <lei>O2RNE8IBXP4R0TD8PU41</lei>
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        <name>CIFC FUNDING 2022-IV LTD</name>
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        <name>BX TR 2026-PNDA</name>
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        <name>HOMES 2026-NQM2 TRUST</name>
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        <name>BANK5 2026-5YR21</name>
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        <name>US BANCORP DEL</name>
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        <name>JPMORGAN CHASE and CO</name>
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        <name>SEQUOIA MTG TR 2018-CH2</name>
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        <name>NAVIENT PRIVATE ED REFI LN TR 2019-E</name>
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        <name>SFS AUTO RECEIVABLES SECURITIZATION TRUST 25-3A</name>
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        <name>NATWEST GROUP PLC</name>
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        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL HOME LOAN MORTGAGE COR PORATION</name>
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        <name>GATX CORP</name>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
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      <invstOrSec>
        <name>GNMA II GTD PASS THRU CTF MULTIPLE ISSUER</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GNII II 5% 02/20/2048#MA5022</title>
        <cusip>36179TSK2</cusip>
        <identifiers>
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        <curCd>USD</curCd>
        <valUSD>152225.04000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-02-20</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>FEDERAL HOME LOAN MORTGAGE COR PORATION</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FHLM ARM RFT1Y+208.3 2/38 #1J0889</title>
        <cusip>3128LU7A8</cusip>
        <identifiers>
          <isin value="US3128LU7A81"/>
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        <balance>8852.73860000</balance>
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        <curCd>USD</curCd>
        <valUSD>9217.96000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-02-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.06207000</annualizedRt>
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      <invstOrSec>
        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA 15YR 3.5% 06/01/2032#BE3725</title>
        <cusip>3140FPD71</cusip>
        <identifiers>
          <isin value="US3140FPD718"/>
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        <balance>9249.82000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9033.20000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03500000</annualizedRt>
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      <invstOrSec>
        <name>DELL INTERNATIONAL LLC / EMC CORP</name>
        <lei>N/A</lei>
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        <cusip>24703TAL0</cusip>
        <identifiers>
          <isin value="US24703TAL08"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2011324.04000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04750000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SCHWAB CHARLES CORP</name>
        <lei>549300VSGCJ7E698NM85</lei>
        <title>SCHWAB CHARLES CORP 4.744%/VAR 05/21/2030</title>
        <cusip>808513CQ6</cusip>
        <identifiers>
          <isin value="US808513CQ61"/>
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        <balance>1295000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1301814.82000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-21</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04744000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NAVISTAR FINL DEALER NT MASTER OWNER TR II</name>
        <lei>N/A</lei>
        <title>NAVISTAR FINL DEALER NT MASTER OWNER TR II 4.72% 09/25/2030 144A</title>
        <cusip>63938PCB3</cusip>
        <identifiers>
          <isin value="US63938PCB31"/>
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        <balance>70000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>69790.23000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04720000</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>BANK5 2024-5YR11</name>
        <lei>N/A</lei>
        <title>BANK5 2024-5YR11 AS 6.139% 11/15/2057</title>
        <cusip>06644WBL1</cusip>
        <identifiers>
          <isin value="US06644WBL19"/>
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        <balance>690000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>707640.20000000</valUSD>
        <pctVal>0.014910791218</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2057-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06139000</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>NEW RESIDENTIAL MORTGAGE LOAN TRUST 2025-NQM7</name>
        <lei>N/A</lei>
        <title>NEW RESIDENTIAL MORTGAGE LOAN TRUST 2025-NQM7 5.264% 10/26/2065 144A</title>
        <cusip>64831YAF3</cusip>
        <identifiers>
          <isin value="US64831YAF34"/>
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        <balance>442812.78000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>440629.00000000</valUSD>
        <pctVal>0.009284558768</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2065-10-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05264000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>JP MORGAN MORTGAGE TRUST SERIES 2026-HE1</name>
        <lei>N/A</lei>
        <title>JP MORGAN MORTGAGE TRUST SERIES 2026-HE1 SOFR30A+125 09/20/2056 144A</title>
        <cusip>46594RAA3</cusip>
        <identifiers>
          <isin value="US46594RAA32"/>
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        <balance>1995437.76000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2002563.67000000</valUSD>
        <pctVal>0.042196314997</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-09-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04875130</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>NYMT LN TR 2026-INV1</name>
        <lei>254900Y31NJCJWYHMA05</lei>
        <title>NYMT LOAN TRUST 2026-INV1 A1 VAR 02/25/2061 144A</title>
        <cusip>62957GAF4</cusip>
        <identifiers>
          <isin value="US62957GAF46"/>
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        <balance>365409.24000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>360963.93000000</valUSD>
        <pctVal>0.007605924306</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2061-02-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04766000</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>AFFIRM MASTER TRUST</name>
        <lei>N/A</lei>
        <title>AFFIRM MASTER TRUST 4.45% 10/16/2034 144A</title>
        <cusip>00833BAN8</cusip>
        <identifiers>
          <isin value="US00833BAN82"/>
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        <balance>550000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>546630.04000000</valUSD>
        <pctVal>0.011518122345</pctVal>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-10-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04450000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ONEOK INC</name>
        <lei>2T3D6M0JSY48PSZI1Q41</lei>
        <title>ONEOK INC 5.625% 01/15/2028 144A</title>
        <cusip>682680CM3</cusip>
        <identifiers>
          <isin value="US682680CM38"/>
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        <balance>720000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>729027.08000000</valUSD>
        <pctVal>0.015361437326</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05625000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FORTIVE CORP</name>
        <lei>549300MU9YQJYHDQEF63</lei>
        <title>FORTIVE CORP 3.15% 06/15/2026</title>
        <cusip>34959JAG3</cusip>
        <identifiers>
          <isin value="US34959JAG31"/>
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        <balance>1133000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1132448.05000000</valUSD>
        <pctVal>0.023861980196</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03150000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA 5.50% 7/34 #725594</title>
        <cusip>31402DC73</cusip>
        <identifiers>
          <isin value="US31402DC738"/>
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        <balance>23879.55530000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>24372.58000000</valUSD>
        <pctVal>0.000513558234</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BARCLAYS PLC</name>
        <lei>213800LBQA1Y9L22JB70</lei>
        <title>BARCLAYS PLC 4.836% 05/09/2028</title>
        <cusip>06738EAW5</cusip>
        <identifiers>
          <isin value="US06738EAW57"/>
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        <balance>1475000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1478047.65000000</valUSD>
        <pctVal>0.031144160435</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04836000</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>CARVANA AUTO RECEIVABLES TRUST 2024-N2</name>
        <lei>N/A</lei>
        <title>CARVANA AUTO RECEIVABLES TRUST 2024-N2 B 5.67% 09/10/2030 144A</title>
        <cusip>14687VAD4</cusip>
        <identifiers>
          <isin value="US14687VAD47"/>
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        <balance>815000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>820071.34000000</valUSD>
        <pctVal>0.017279844382</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05670000</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>CHARTER COMMUNICATIONS OPERATING LLC / CHARTER COMMUNICATIONS OPERATING CAPITAL</name>
        <lei>N/A</lei>
        <title>CHARTER COMMUNICATIONS OPERATING LLC / CHARTER COMMUNICATIONS OPERATING CAPITAL 5.05% 03/30/2029</title>
        <cusip>161175BR4</cusip>
        <identifiers>
          <isin value="US161175BR49"/>
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        <balance>1855000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1854190.53000000</valUSD>
        <pctVal>0.039069922640</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>ESART 2026-1 A3</name>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>PIMCO FDS PAC INVT MGMT SER</name>
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        <name>FOUNDRY JV HOLDCO LLC</name>
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        <name>DANSKE BANK A/S</name>
        <lei>MAES062Z21O4RZ2U7M96</lei>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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        <cusip>3140QPA56</cusip>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA 30YR 4% 09/01/2052#MA4732</title>
        <cusip>31418EHJ2</cusip>
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        <name>NYC COML MTG TR 2025-28L</name>
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        <cusip>67123JAC3</cusip>
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        <issuerCat>CORP</issuerCat>
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          <couponKind>Variable</couponKind>
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        <name>LSEG US FIN CORP</name>
        <lei>2138007FV67QQ13CGJ43</lei>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04250000</annualizedRt>
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        <name>CARMAX SELECT RECEIVABLES TRUST 2024-A</name>
        <lei>N/A</lei>
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        <cusip>14319FAE3</cusip>
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          <isin value="US14319FAE34"/>
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        <balance>270000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>272902.69000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>TRUIST FINANCIAL CORP</name>
        <lei>549300DRQQI75D2JP341</lei>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <name>FED HOME LOAN MTG CORP - GOLD</name>
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        <cusip>3132DWHT3</cusip>
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        <curCd>USD</curCd>
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        <name>JAPAN TOBACCO INC</name>
        <lei>353800Z0ENYBQO0XRJ31</lei>
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        <cusip>471105AC0</cusip>
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        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
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          <couponKind>Fixed</couponKind>
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        <name>EMERA US FINANCE LLC</name>
        <lei>N/A</lei>
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          <isin value="US29103HAC16"/>
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        <curCd>USD</curCd>
        <valUSD>2148962.79000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04500000</annualizedRt>
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        <name>BINOM MORTGAGE LOAN TRUST 2026-NQM1</name>
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        <title>BINOM MORTGAGE LOAN TRUST 2026-NQM1 5.314% 02/25/2066 144A</title>
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          <isin value="US09055CAF59"/>
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        <curCd>USD</curCd>
        <valUSD>373948.85000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <name>ORANGE</name>
        <lei>969500MCOONR8990S771</lei>
        <title>ORANGE 4% 01/13/2029 144A</title>
        <cusip>685218AH2</cusip>
        <identifiers>
          <isin value="US685218AH23"/>
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        <balance>978000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>967960.74000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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        <name>GLOBAL PAYMENTS INC</name>
        <lei>549300NOMHGVQBX6S778</lei>
        <title>GLOBAL PAYMENTS INC 4.5% 11/15/2028</title>
        <cusip>37940XAV4</cusip>
        <identifiers>
          <isin value="US37940XAV47"/>
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        <balance>495000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>490969.16000000</valUSD>
        <pctVal>0.010345283717</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
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        <name>LIFE FINANCIAL SERVICES TRUST 2022</name>
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        <name>COLUMBIA PIPELINES HOLDING CO LLC</name>
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        <name>CVS HEALTH CORP</name>
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        <name>MORGAN STANLEY</name>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
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        <name>MONONGAHELA PWR CO</name>
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        <name>COREBRIDGE GLOBAL FUNDING</name>
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        <name>MAGNETITE XXI LTD 2019-21A A</name>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
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        <name>NMEF FUNDING 2026-A LLC</name>
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        <name>ENTERPRISE FLEET FING 2023-3 LLC</name>
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        <name>SUMISHO AIR LEASE CORP</name>
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        <name>HUNTINGTON BANK AUTO CREDIT-LINKED NOTES SERIES 2024-1</name>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
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        <name>SYMPHONY CLO XXIII LTD</name>
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        <name>FED HOME LOAN MTG CORP - GOLD</name>
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        <name>WELLS FARGO COML MTG TR 2025-5C6</name>
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        <name>GOLDMAN SACHS GROUP INC (THE)</name>
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        <name>ENTERPRISE FLEET FINANCING 2024-3 LLC</name>
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        <name>SG RESIDENTIAL MORTGAGE TRUST 2026-3</name>
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        <name>CITIGROUP INC</name>
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        <name>BAYER US FINANCE II LLC</name>
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        <name>CVS HEALTH CORP</name>
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        <name>AERCAP IRELAND CAPITAL DAC / AERCAP GLOBAL AVIATION TRUST</name>
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        <name>GNMA II GTD PASS THRU CTF MULTIPLE ISSUER</name>
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        <name>NAVIENT PRIVNAVIENT PRIVATE ED REFI LN TR 2019-ATE EDUCATION REFI LOAN TRUST 2019-A</name>
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        <name>NELNET STUDENT LN TR 2021-C</name>
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        <name>ROLLS-ROYCE PLC</name>
        <lei>X57JK1U580XATGR67572</lei>
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        <name>CARMAX AUTO OWNER TRUST 2026-2</name>
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        <name>CARVANA AUTO RECEIVABLES TRUST 2026-P1</name>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
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        <name>AUTONATION FINANCE TRUST 2026-1</name>
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        <name>HILTON GRAND VACATIONS TRUST 2025-1</name>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
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        <name>BANK5 2024-5YR12</name>
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        <lei>549300GKFG0RYRRQ1414</lei>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
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        <name>KKR CLO TRUST</name>
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        <name>CRH AMERICA FINANCE INC</name>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
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        <name>GNMA II GTD PASS THRU CTF MULTIPLE ISSUER</name>
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        <name>EXETER AUTOMOBILE RECEIVABLES TR 2025-4</name>
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        <name>POST ROAD EQUIPMENT FINANCE 2026-1 LLC</name>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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      <invstOrSec>
        <name>KAZAKHSTAN TEMIR ZHOLY JSC</name>
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        <cusip>48669DAC6</cusip>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>DEUTSCHE BANK AG NEW YORK BNCH</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>MARS INC</name>
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        <balance>1080000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>REPUBLIC OF COLOMBIA</name>
        <lei>549300MHDRBVRF6B9117</lei>
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        <invCountry>CO</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>JPMORGAN CHASE and CO</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA 5.50% 5/39 #995838</title>
        <cusip>31416CHP4</cusip>
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        <curCd>USD</curCd>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>PROSUS NV</name>
        <lei>635400Z5LQ5F9OLVT688</lei>
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        <identifiers>
          <isin value="USN7163RAW36"/>
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        <curCd>USD</curCd>
        <valUSD>233935.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-01-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03257000</annualizedRt>
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        <name>FISERV INC</name>
        <lei>GI7UBEJLXYLGR2C7GV83</lei>
        <title>FISERV INC 4.2% 10/01/2028</title>
        <cusip>337738AR9</cusip>
        <identifiers>
          <isin value="US337738AR95"/>
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        <balance>1136000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1124038.94000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04200000</annualizedRt>
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        <name>HYUNDAI CAPITAL AMERICA</name>
        <lei>549300RIPPWJB5Z0FK07</lei>
        <title>HYUNDAI CAP AMER 4.85% 03/25/2027 144A</title>
        <cusip>44891ADP9</cusip>
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        <balance>615000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>617835.76000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-03-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04850000</annualizedRt>
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        <name>GREATAMERICA LEASING RECEIV- ABLES FDG LLC</name>
        <lei>N/A</lei>
        <title>GREATAMERICA LSNG REC FDS LLC 4.39% 12/17/2029 144A</title>
        <cusip>39154TCQ9</cusip>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2029-12-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04140000</annualizedRt>
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        <name>CENTENE CORP DEL</name>
        <lei>549300Z7JJ4TQSQGT333</lei>
        <title>CENTENE CORP 4.625% 12/15/2029</title>
        <cusip>15135BAT8</cusip>
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          <isin value="US15135BAT89"/>
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        <balance>1235000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1202850.11000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04625000</annualizedRt>
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        <name>STANDARD CHARTERED PLC</name>
        <lei>U4LOSYZ7YG4W3S5F2G91</lei>
        <title>STANDARD CHARTERED PLC 5.688%/VAR 05/14/2028 144A</title>
        <cusip>853254DB3</cusip>
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        <balance>1340000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1354554.29000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-05-14</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.05688000</annualizedRt>
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        <name>RCKTL 2025-2</name>
        <lei>N/A</lei>
        <title>RCKTL 2025-2 4.48% 11/25/2034 144A</title>
        <cusip>74939HAA1</cusip>
        <identifiers>
          <isin value="US74939HAA14"/>
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        <balance>166517.84000000</balance>
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        <curCd>USD</curCd>
        <valUSD>166719.68000000</valUSD>
        <pctVal>0.003512975012</pctVal>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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          <maturityDt>2034-11-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04480000</annualizedRt>
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        <name>PACIFIC GAS and ELECTRIC CO</name>
        <lei>1HNPXZSMMB7HMBMVBS46</lei>
        <title>PACIFIC GAS and ELECTRIC CO 3.3% 03/15/2027</title>
        <cusip>694308HS9</cusip>
        <identifiers>
          <isin value="US694308HS91"/>
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        <balance>266000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>263819.90000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03300000</annualizedRt>
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        <name>FED HOME LOAN MTG CORP - GOLD</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FHLG 30YR 6.5% 09/01/2054#QJ5643</title>
        <cusip>3133CWHU9</cusip>
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          <isin value="US3133CWHU90"/>
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        <balance>96292.49000000</balance>
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        <curCd>USD</curCd>
        <valUSD>100160.07000000</valUSD>
        <pctVal>0.002110487635</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06500000</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>
        <name>NAVIENT PRIVATE ED REFI LN TR 2020-D</name>
        <lei>N/A</lei>
        <title>NAVIENT STUDENT LOAN TRUST 1.69% 05/15/2069 144A</title>
        <cusip>63941HAA0</cusip>
        <identifiers>
          <isin value="US63941HAA05"/>
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        <balance>153424.27000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>146359.04000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>HPEFS EQIPMENT TR 2024-1</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SMB PRIVATE EDUCATION LOAN TRUST 2018-B</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>AMERICAN ELECTRIC POWER CO INC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>MVW 2021-1W LLC</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CONNECTICUT AVE SECS TR 2025-R06</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>CHENANGO PARK CLO LTD</name>
        <lei>N/A</lei>
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        <identifiers>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-15</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>OCWEN LOAN INVESTMENT TRUST</name>
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        <cusip>68278FAA6</cusip>
        <identifiers>
          <isin value="US68278FAA66"/>
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        <balance>124275.50000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-11-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.03000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>KKR CLO 18 LTD / KKR CLO 18 LLC</name>
        <lei>N/A</lei>
        <title>KKR CLO 18 LTD / KKR CLO 18 LLC 18 A1R2 TSFR3M+105 10/18/2035 144A</title>
        <cusip>48251JAS2</cusip>
        <identifiers>
          <isin value="US48251JAS24"/>
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        <balance>1908022.29000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1907955.51000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-10-18</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04725230</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>ALINEA CLO 2018-1 LTD</name>
        <lei>N/A</lei>
        <title>ALINEA CLO 2018-1 LTD BR TSFR3M+115 07/20/2031 144A</title>
        <cusip>016269AG7</cusip>
        <identifiers>
          <isin value="US016269AG79"/>
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        <curCd>USD</curCd>
        <valUSD>58968.52000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04825230</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GATX CORP</name>
        <lei>549300IHYHCQP2PIR591</lei>
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        <cusip>361448BP7</cusip>
        <identifiers>
          <isin value="US361448BP71"/>
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        <balance>1155000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1163150.08000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05400000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CFMT 2024-HB13 LLC</name>
        <lei>N/A</lei>
        <title>CFMT 2024-HB13 LLC VAR 05/25/2034 144A</title>
        <cusip>12530VAA3</cusip>
        <identifiers>
          <isin value="US12530VAA35"/>
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        <balance>178896.21000000</balance>
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        <curCd>USD</curCd>
        <valUSD>178896.21000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
          <annualizedRt>0.03000000</annualizedRt>
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      <invstOrSec>
        <name>FEDERAL HOME LOAN MORTGAGE COR PORATION</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FHLM ARM 5.55% 10/36 #1G2603</title>
        <cusip>3128QS3L8</cusip>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>BAYVIEW OPPORTUNITY MASTER FD VII 2025-EDU1 LLC</name>
        <lei>2549001VJ64UFK8PZA41</lei>
        <title>BAYVIEW OPPORTUNITY MASTER FUND VII 2025-EDU1 LLC SOFR30A+ 07/27/2048 144A</title>
        <cusip>07337GAB9</cusip>
        <identifiers>
          <isin value="US07337GAB95"/>
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        <curCd>USD</curCd>
        <valUSD>704273.96000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <name>CROWN CASTLE INC</name>
        <lei>54930012H97VSM0I2R19</lei>
        <title>CROWN CASTLE INC 3.8% 02/15/2028</title>
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          <isin value="US22822VAK70"/>
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        <balance>455000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>449420.87000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03800000</annualizedRt>
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      <invstOrSec>
        <name>MOLSON COORS BEVERAGE CO</name>
        <lei>54930073LBBH6ZCBE225</lei>
        <title>MOLSON COORS BEVERAGE CO 4.9% 07/08/2031</title>
        <cusip>60871RAS9</cusip>
        <identifiers>
          <isin value="US60871RAS94"/>
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        <balance>845000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>847823.31000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04900000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GALTON FDG MTG TR 2019-1</name>
        <lei>N/A</lei>
        <title>GALTON FUNDING MORTGAGE TRUST 2019-1 A32 4% 02/25/2059 144A</title>
        <cusip>36418WAQ2</cusip>
        <identifiers>
          <isin value="US36418WAQ24"/>
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        <balance>13281.87000000</balance>
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        <curCd>USD</curCd>
        <valUSD>12628.93000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2059-02-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</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>EXETER SELECT AUTOMOBILE RECEIVABLES TR 2025-2</name>
        <lei>N/A</lei>
        <title>EXETER SELECT AUTOMOBILE RECEIVABLES TR 2025-2 C 4.91% 12/15/2031</title>
        <cusip>30185EAE3</cusip>
        <identifiers>
          <isin value="US30185EAE32"/>
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        <balance>540000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>538974.38000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04910000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>MORGAN STANLEY BK AMER TR 2025-C35</name>
        <lei>N/A</lei>
        <title>MORGAN STANLEY BK AMER TR 2025-C35 4.609% 08/15/2058</title>
        <cusip>61779CAA2</cusip>
        <identifiers>
          <isin value="US61779CAA27"/>
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        <balance>132283.99000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>132055.79000000</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>2058-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04609000</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>DLLAA 2023-1A</name>
        <lei>N/A</lei>
        <title>DLLAA 2023-1A 5.64% 02/22/2028 144A</title>
        <cusip>23292HAC5</cusip>
        <identifiers>
          <isin value="US23292HAC51"/>
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        <balance>327402.34000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>329834.22000000</valUSD>
        <pctVal>0.006949985587</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05640000</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>LPL HOLDINGS INC</name>
        <lei>549300Z5YF8CCRMYUL26</lei>
        <title>LPL HOLDINGS INC 4.9% 04/03/2028</title>
        <cusip>50212YAN4</cusip>
        <identifiers>
          <isin value="US50212YAN40"/>
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        <balance>3105000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3115254.29000000</valUSD>
        <pctVal>0.065641983467</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-03</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04900000</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>BOEING CO</name>
        <lei>RVHJWBXLJ1RFUBSY1F30</lei>
        <title>BOEING CO 3.25% 03/01/2028</title>
        <cusip>097023BX2</cusip>
        <identifiers>
          <isin value="US097023BX25"/>
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        <balance>1683000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1648500.59000000</valUSD>
        <pctVal>0.034735799521</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03250000</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>HOMES 2025-NQM4 TRUST</name>
        <lei>N/A</lei>
        <title>HOMES 25-NQM4 A1 TRUST 5.22% 08/25/2070 144A</title>
        <cusip>403958AA9</cusip>
        <identifiers>
          <isin value="US403958AA97"/>
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        <balance>382318.79990000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>382117.78000000</valUSD>
        <pctVal>0.008051660205</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2070-08-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.05220000</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>AMUR EQUIPMENT FINANCE RECEIVABLES XIV LLC</name>
        <lei>N/A</lei>
        <title>AMUR EQUIPMENT FINANCE RECEIVABLES XIV LLC 5.38% 07/21/2031 144A</title>
        <cusip>03238BAD5</cusip>
        <identifiers>
          <isin value="US03238BAD55"/>
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        <balance>1553000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1568837.18000000</valUSD>
        <pctVal>0.033057200037</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05380000</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>AMERICAN HONDA FINANCE CORP</name>
        <lei>B6Q2VFHD1797Q7NZ3E43</lei>
        <title>AMERICAN HONDA FINANCE CORP 4.55% 04/10/2028</title>
        <cusip>02665WGV7</cusip>
        <identifiers>
          <isin value="US02665WGV72"/>
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        <balance>1367000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1366754.95000000</valUSD>
        <pctVal>0.028799095508</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04550000</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>FORD MOTOR CREDIT CO LLC</name>
        <lei>UDSQCVRUX5BONN0VY111</lei>
        <title>FORD MOTOR CREDIT CO LLC 5.8% 03/05/2027</title>
        <cusip>345397D83</cusip>
        <identifiers>
          <isin value="US345397D831"/>
        </identifiers>
        <balance>4170000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4202712.77000000</valUSD>
        <pctVal>0.088555981786</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-03-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05800000</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>SALESFORCE INC</name>
        <lei>RCGZFPDMRW58VJ54VR07</lei>
        <title>SALESFORCE INC 4.5% 03/15/2028</title>
        <cusip>79466LAQ7</cusip>
        <identifiers>
          <isin value="US79466LAQ77"/>
        </identifiers>
        <balance>1235000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1236102.66000000</valUSD>
        <pctVal>0.026046101800</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04500000</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>EQT CORP</name>
        <lei>4NT01YGM4X7ZX86ISY52</lei>
        <title>EQT CORP 3.9% 10/01/2027</title>
        <cusip>26884LAF6</cusip>
        <identifiers>
          <isin value="US26884LAF67"/>
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        <balance>581000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>577304.86000000</valUSD>
        <pctVal>0.012164476010</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03900000</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>REACH ABS TR 2026-2</name>
        <lei>N/A</lei>
        <title>REACH ABS TR 2026-2A A 4.47% 02/15/2035 144A</title>
        <cusip>754923AA8</cusip>
        <identifiers>
          <isin value="US754923AA87"/>
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        <balance>480000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>479986.37000000</valUSD>
        <pctVal>0.010113863727</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04340000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BARCLAYS PLC</name>
        <lei>213800LBQA1Y9L22JB70</lei>
        <title>BARCLAYS PLC 4.219%/VAR 05/24/2030</title>
        <cusip>06738EDG7</cusip>
        <identifiers>
          <isin value="US06738EDG70"/>
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        <balance>1245000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1225494.71000000</valUSD>
        <pctVal>0.025822580118</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-24</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04219000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CHEVRON PHIL CHEM LLC /CHEV LP</name>
        <lei>N/A</lei>
        <title>CHEVRON PHIL CHEM LLC /CHEV LP 3.7% 06/01/2028 144A</title>
        <cusip>166754AS0</cusip>
        <identifiers>
          <isin value="US166754AS05"/>
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        <balance>490000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>482225.82000000</valUSD>
        <pctVal>0.010161051508</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03700000</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>CBRE SERVICES INC</name>
        <lei>549300CTE3HOMEUMM603</lei>
        <title>CBRE SERVICES INC 5.1% 06/15/2030</title>
        <cusip>12505BAJ9</cusip>
        <identifiers>
          <isin value="US12505BAJ98"/>
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        <balance>725000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>726918.23000000</valUSD>
        <pctVal>0.015317001436</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05100000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA 30YR 3.5% 02/01/2048#BH9277</title>
        <cusip>3140GYJX8</cusip>
        <identifiers>
          <isin value="US3140GYJX82"/>
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        <balance>53109.49000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>48932.53000000</valUSD>
        <pctVal>0.001031064570</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03500000</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>SOUTHERN CALIFORNIA EDISON CO</name>
        <lei>9R1Z5I36FERIBVKW4P77</lei>
        <title>SOUTHERN CALIFORNIA EDISON CO CP 0% 06/18/2026</title>
        <cusip>8424C1FJ2</cusip>
        <identifiers>
          <ticker value="SOCAPP"/>
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        <balance>3310000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3302432.68000000</valUSD>
        <pctVal>0.069586046981</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>WINGSPIRE EQUIP FIN 2025-1 LLC</name>
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        <curCd>USD</curCd>
        <valUSD>99969.43000000</valUSD>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-09-20</maturityDt>
          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>CAPITAL ONE PRIME AUTO RECEIVABLES TRUST 2025-1</name>
        <lei>N/A</lei>
        <title>CAPITAL ONE PRIME AUTO RECEIVABLES TRUST 2025-1 A2A 4.39% 01/16/2029</title>
        <cusip>14043YAB1</cusip>
        <identifiers>
          <isin value="US14043YAB11"/>
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        <balance>2331686.09000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2329419.46000000</valUSD>
        <pctVal>0.049083541646</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03880000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>WOART 2025-B</name>
        <lei>N/A</lei>
        <title>WOART 2025-B 4.38% 08/15/2028</title>
        <cusip>98164TAB8</cusip>
        <identifiers>
          <isin value="US98164TAB89"/>
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        <balance>1213624.12000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1214821.48000000</valUSD>
        <pctVal>0.025597682912</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04380000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>AMERICAN HOMES 4 RENT LP</name>
        <lei>549300N4PXZ37U8QKI55</lei>
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        <cusip>02666TAA5</cusip>
        <identifiers>
          <isin value="US02666TAA51"/>
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        <balance>1810000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1799179.42000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04250000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ALLY BK MIDVALE UTAH</name>
        <lei>549300C04BJ0G297NC13</lei>
        <title>ALLY BK MIDVALE UTAH 2025-B C 4.697% 09/15/2033 144A</title>
        <cusip>02007G6Q1</cusip>
        <identifiers>
          <isin value="US02007G6Q13"/>
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        <balance>660772.53960000</balance>
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        <curCd>USD</curCd>
        <valUSD>659473.92000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04697000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BALBOA BAY LOAN FUNDING 2023-1 LTD</name>
        <lei>N/A</lei>
        <title>BALBOA BAY LOAN FUNDING LTD 2023-1A ARR TSFR3M+116 04/20/2036 144A</title>
        <cusip>05765DAR6</cusip>
        <identifiers>
          <isin value="US05765DAR61"/>
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        <balance>1285000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1285664.35000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>0.04835230</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>ISHARES U S ETF TR</name>
        <lei>549300BV2WH8444C2Y33</lei>
        <title>iShares Short Duration Bond Active ETF</title>
        <cusip>46431W507</cusip>
        <identifiers>
          <isin value="US46431W5076"/>
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        <balance>4228518.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>214808714.40000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>BLOX 2021-BLOX</name>
        <lei>N/A</lei>
        <title>BLOX 2021-BLOX A TSFR1M+86.448 09/15/2026 144A</title>
        <cusip>055522AA4</cusip>
        <identifiers>
          <isin value="US055522AA43"/>
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        <balance>2040000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2033167.02000000</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>
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          <couponKind>Variable</couponKind>
          <annualizedRt>0.04742480</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SANTANDER MORTGAGE ASSET RECEIVABLE TRUST 2025-CES1</name>
        <lei>254900WEZWXJLYHMU869</lei>
        <title>SANTANDER MORTGAGE ASSET RECEIVABLE TRUST 2025-CES1 5.036% 09/25/2055 144A</title>
        <cusip>802650AB7</cusip>
        <identifiers>
          <isin value="US802650AB74"/>
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        <balance>873292.65000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>866921.54000000</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>2055-09-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05036000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FLATIRON RR CLO 22 LLC</name>
        <lei>N/A</lei>
        <title>FLATIRON RR CLO 22 LLC AR TSFR3M+91 10/15/2034 144A</title>
        <cusip>33883QAQ8</cusip>
        <identifiers>
          <isin value="US33883QAQ82"/>
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        <balance>1900000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1899053.80000000</valUSD>
        <pctVal>0.040015243231</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-10-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04583100</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>COREBRIDGE GLOBAL FUNDING</name>
        <lei>54930057MDZ7KOVOTV71</lei>
        <title>COREBRIDGE GBL FUNDING 4.65% 08/20/2027 144A</title>
        <cusip>00138CBB3</cusip>
        <identifiers>
          <isin value="US00138CBB37"/>
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        <balance>525000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>525555.31000000</valUSD>
        <pctVal>0.011074053595</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04650000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>WELLFLEET CLO 2021-1 LTD</name>
        <lei>N/A</lei>
        <title>WELLFLEET CLO 2021-1 LTD BR TSFR3M+165 04/20/2034 144A</title>
        <cusip>94950CAQ9</cusip>
        <identifiers>
          <isin value="US94950CAQ96"/>
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        <balance>1510000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1510291.43000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-04-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.05325230</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BBCMS MTG TR 2026-5C40</name>
        <lei>N/A</lei>
        <title>BBCMS MTG TR 2026-5C40 A1 4.43094% 02/15/2031</title>
        <cusip>05557AAA1</cusip>
        <identifiers>
          <isin value="US05557AAA16"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>84808.05000000</valUSD>
        <pctVal>0.001787002953</pctVal>
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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>Fixed</couponKind>
          <annualizedRt>0.04430940</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ASPEN INSURANCE HLDS LTD</name>
        <lei>549300YX6HECG9XQCQ75</lei>
        <title>ASPEN INSURANCE HLDS LTD 5.75% 07/01/2030</title>
        <cusip>04530DAE2</cusip>
        <identifiers>
          <isin value="US04530DAE22"/>
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        <balance>490000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>505368.57000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05750000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HEALTHCARE REALTY HOLDINGS LP</name>
        <lei>549300IYGAS4GE6VDL07</lei>
        <title>HEALTHCARE REALTY HOLDINGS LP 3.75% 07/01/2027</title>
        <cusip>42225UAF1</cusip>
        <identifiers>
          <isin value="US42225UAF12"/>
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        <balance>1490000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1478786.54000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03750000</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>VOLKSWAGEN GROUP AMER FIN LLC</name>
        <lei>5493002SQ1AVQBY41K40</lei>
        <title>VOLKSWAGEN GROUP AMER FIN LLC 4.85% 08/15/2027 144A</title>
        <cusip>928668CL4</cusip>
        <identifiers>
          <isin value="US928668CL40"/>
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        <balance>1875000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1881522.84000000</valUSD>
        <pctVal>0.039645845783</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04850000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>EXETER AUTOMOBILE RECEIVABLES TR 2026-1</name>
        <lei>N/A</lei>
        <title>EXETER AUTO RECEIVBLES 2012-2 4.4% 10/15/2030</title>
        <cusip>30168HAD9</cusip>
        <identifiers>
          <isin value="US30168HAD98"/>
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        <balance>275000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>272559.49000000</valUSD>
        <pctVal>0.005743141288</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04220000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>AMERICAN TOWER CORP</name>
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        <cusip>03027XBJ8</cusip>
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        <curCd>USD</curCd>
        <valUSD>2572042.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01500000</annualizedRt>
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      <invstOrSec>
        <name>GENERAL MTRS FINL CO INC</name>
        <lei>5493008B6JBRUJ90QL97</lei>
        <title>GENERAL MTRS FINL CO INC 5.8% 01/07/2029</title>
        <cusip>37045XEN2</cusip>
        <identifiers>
          <isin value="US37045XEN21"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1028359.45000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05800000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MHP COML MTG TR 2021-STOR</name>
        <lei>N/A</lei>
        <title>MERIT 2021-STOR A TSFR1M+81.448 07/15/2038 144A</title>
        <cusip>55293BAB1</cusip>
        <identifiers>
          <isin value="US55293BAB18"/>
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        <balance>907000.00000000</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>
        <debtSec>
          <maturityDt>2038-07-15</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>FIFTH THIRD BANCORP</name>
        <lei>THRNG6BD57P9QWTQLG42</lei>
        <title>FIFTH THIRD BANCORP 4.566%/VAR 04/29/2032</title>
        <cusip>316773DN7</cusip>
        <identifiers>
          <isin value="US316773DN70"/>
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        <balance>1820000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-04-29</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA 30YR 4.5% 01/01/2050#CA5186</title>
        <cusip>3140QCXQ4</cusip>
        <identifiers>
          <isin value="US3140QCXQ46"/>
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        <balance>26320.27000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>25577.19000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>SMB PRIVATE EDUCATION LOAN TRUST 2020-B</name>
        <lei>N/A</lei>
        <title>SMB PRIVATE EDUCATION LOAN TRUST 2020-B 1.29% 07/15/2053 144A</title>
        <cusip>78449XAA0</cusip>
        <identifiers>
          <isin value="US78449XAA00"/>
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        <balance>99330.21610000</balance>
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        <curCd>USD</curCd>
        <valUSD>95298.36000000</valUSD>
        <pctVal>0.002008045825</pctVal>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01290000</annualizedRt>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NATIONAL FUEL GAS CO NJ</name>
        <lei>8JB38FFW1Y3C1HM8E841</lei>
        <title>NATIONAL FUEL GAS CO NJ 4.75% 05/15/2029</title>
        <cusip>636180BV2</cusip>
        <identifiers>
          <isin value="US636180BV21"/>
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        <balance>1120000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1120928.21000000</valUSD>
        <pctVal>0.023619243945</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04750000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CROWN CASTLE TOWERS LLC</name>
        <lei>N/A</lei>
        <title>CROWN CASTLE TOWERS LLC 4.241% 07/15/2048 144A</title>
        <cusip>22822RBH2</cusip>
        <identifiers>
          <isin value="US22822RBH21"/>
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        <balance>435000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>431357.53000000</valUSD>
        <pctVal>0.009089198253</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04241000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CLOVER CLO 2019-1 LTD.</name>
        <lei>N/A</lei>
        <title>CLOVER CLO 2019-1 LTD 19-1A ARR TSFR3M+100 04/18/2035 144A</title>
        <cusip>102875AA9</cusip>
        <identifiers>
          <isin value="US102875AA95"/>
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        <balance>1635000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1635518.30000000</valUSD>
        <pctVal>0.034462247770</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-04-18</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04675230</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>OPTN 2026-A</name>
        <lei>N/A</lei>
        <title>OPTN 2026-A A 0% 01/09/2034 144A</title>
        <cusip>68390VAA4</cusip>
        <identifiers>
          <isin value="US68390VAA44"/>
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        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>198459.94000000</valUSD>
        <pctVal>0.004181778720</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-01-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04320000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MPLX LP</name>
        <lei>5493000CZJ19CK4P3G36</lei>
        <title>MPLX LP 4% 03/15/2028</title>
        <cusip>55336VAR1</cusip>
        <identifiers>
          <isin value="US55336VAR15"/>
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        <balance>2600000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2580410.74000000</valUSD>
        <pctVal>0.054372215994</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NXP B V/NXP FDG LLC/NXP USA INC</name>
        <lei>N/A</lei>
        <title>NXP B V/NXP FDG LLC/NXP USA INC 4.4% 06/01/2027</title>
        <cusip>62954HBE7</cusip>
        <identifiers>
          <isin value="US62954HBE71"/>
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        <balance>155000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>155140.76000000</valUSD>
        <pctVal>0.003268993878</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04400000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SA GLOBAL SUKUK LTD</name>
        <lei>5493007DFAVKU7UOGR47</lei>
        <title>SA GLOBAL SUKUK LTD 4.125% 09/17/2030 144A</title>
        <cusip>78397PAG6</cusip>
        <identifiers>
          <isin value="US78397PAG63"/>
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        <balance>1890000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1835804.25000000</valUSD>
        <pctVal>0.038682502617</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04125000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>OBX 2025-NQM15 TRUST</name>
        <lei>254900Y3YIZHUWMEGC78</lei>
        <title>OBX 2025-NQM15 TRUST 5.143% 07/27/2065 144A</title>
        <cusip>67122CAC9</cusip>
        <identifiers>
          <isin value="US67122CAC91"/>
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        <balance>245435.26000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>245172.52000000</valUSD>
        <pctVal>0.005166066396</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2065-07-27</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.05143000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>STARWOOD MTG RESIDENTIAL TR 2019-INV1</name>
        <lei>N/A</lei>
        <title>STARWOOD MTG RESIDENTIAL TR 2019-INV1 2.916% 09/27/2049 144A</title>
        <cusip>85572JAC1</cusip>
        <identifiers>
          <isin value="US85572JAC18"/>
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        <balance>36880.74710000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>36703.14000000</valUSD>
        <pctVal>0.000773377286</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-09-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02916000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>OREILLY AUTOMOTIVE INC</name>
        <lei>549300K2RLMQL149Q332</lei>
        <title>OREILLY AUTOMOTIVE INC 4.35% 06/01/2028</title>
        <cusip>67103HAG2</cusip>
        <identifiers>
          <isin value="US67103HAG20"/>
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        <balance>723000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>722236.50000000</valUSD>
        <pctVal>0.015218352012</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04350000</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>UST NOTES</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>UST NOTES 3.5% 02/15/2029</title>
        <cusip>91282CQA2</cusip>
        <identifiers>
          <isin value="US91282CQA26"/>
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        <balance>8872700.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>8748620.79000000</valUSD>
        <pctVal>0.184343481398</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>GEORGIA POWER CO</name>
        <lei>D981X4Z4RWS7PDMJUZ03</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-06-15</maturityDt>
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      </invstOrSec>
      <invstOrSec>
        <name>BRAVO RESIDENTIAL FDG TR 2026-NQM4</name>
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        <cusip>10570XAE6</cusip>
        <identifiers>
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        <balance>585206.48000000</balance>
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        <curCd>USD</curCd>
        <valUSD>584007.86000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>FIDELITY NATIONAL INFORMATION SERVICES INC</name>
        <lei>6WQI0GK1PRFVBA061U48</lei>
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        <cusip>31620MCA2</cusip>
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          <isin value="US31620MCA27"/>
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        <balance>1160000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1157102.11000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-03-10</maturityDt>
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      <invstOrSec>
        <name>GM FINANCIAL AUTOMOBILE LEASING TRUST 2025-1</name>
        <lei>N/A</lei>
        <title>GM FINANCIAL AUTOMOBILE LEASING TRUST 2025-1 VAR 05/20/2027</title>
        <cusip>36271VAB3</cusip>
        <identifiers>
          <isin value="US36271VAB36"/>
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        <balance>908549.83000000</balance>
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        <curCd>USD</curCd>
        <valUSD>909272.22000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-05-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04540000</annualizedRt>
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      <invstOrSec>
        <name>CONAGRA BRANDS INC</name>
        <lei>54930035UDEIH090K650</lei>
        <title>CONAGRA BRANDS INC 4.85% 11/01/2028</title>
        <cusip>205887CC4</cusip>
        <identifiers>
          <isin value="US205887CC49"/>
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        <balance>625000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>626131.14000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04850000</annualizedRt>
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      <invstOrSec>
        <name>EFMT 2025-NQM5</name>
        <lei>254900XFNEJEC9OBKH62</lei>
        <title>EFMT 2025-NQM5 A1 VAR 11/25/2070 144A</title>
        <cusip>28225KAC9</cusip>
        <identifiers>
          <isin value="US28225KAC99"/>
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        <balance>248427.81000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>247654.65000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2070-11-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.05033000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>VIATRIS INC</name>
        <lei>254900ZZTSW7NL773X71</lei>
        <title>VIATRIS INC 2.3% 06/22/2027</title>
        <cusip>92556VAC0</cusip>
        <identifiers>
          <isin value="US92556VAC00"/>
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        <balance>2513000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2452078.07000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02300000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CHICAGO BOARD OF TRADE</name>
        <lei>549300EX04Q2QBFQTQ27</lei>
        <title>US 10YR NOTE FUT (CBT)SEP26 TYU6</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="TYU6"/>
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        <balance>-237.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-211414.67000000</valUSD>
        <pctVal>-0.00445474975</pctVal>
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        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
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              <counterpartyName>CHICAGO BOARD OF TRADE</counterpartyName>
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                <issuerName>UST NOTES</issuerName>
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      <invstOrSec>
        <name>FED HOME LOAN MTG CORP - GOLD</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FHLG 30YR 5% 06/01/2055#SL3158</title>
        <cusip>31427QQL9</cusip>
        <identifiers>
          <isin value="US31427QQL94"/>
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        <balance>15080.25000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>14898.06000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>GOLUB CAP PARTNERS STATIC 2024-1 LT</name>
        <lei>N/A</lei>
        <title>GOLUB CAP PARTNERS STATIC 2024-1A LT BR TSFR3M+150 07/20/2035 144A</title>
        <cusip>381929AQ1</cusip>
        <identifiers>
          <isin value="US381929AQ10"/>
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        <balance>2930000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2929876.94000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
          <annualizedRt>0.05175230</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>MVW 2023-1 LLC</name>
        <lei>N/A</lei>
        <title>MVW 2023-1 LLC 4.93% 10/20/2040 144A</title>
        <cusip>62848PAA8</cusip>
        <identifiers>
          <isin value="US62848PAA84"/>
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        <balance>385848.63000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>387085.47000000</valUSD>
        <pctVal>0.008156335135</pctVal>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-10-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04930000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>FREDDIE MAC STACR REMIC TRUST 2021-DNA1</name>
        <lei>N/A</lei>
        <title>FREDDIE MAC STACR REMIC TRUST 2021-DNA1 M2 SOFR30A+180 11/25/2041 144A</title>
        <cusip>35564KMH9</cusip>
        <identifiers>
          <isin value="US35564KMH94"/>
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        <balance>555000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>556733.49000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>0.05412100</annualizedRt>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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        <name>RGA GLOBAL FUNDING</name>
        <lei>549300Y22K5FOEBMSK42</lei>
        <title>RGA GLOBAL FUNDING 4.35% 08/25/2028 144A</title>
        <cusip>76209PAH6</cusip>
        <identifiers>
          <isin value="US76209PAH64"/>
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        <balance>5220000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5183892.42000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-08-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04350000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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        <name>ATHENE GLOBAL FUNDING</name>
        <lei>549300LM1QSI4MSIL320</lei>
        <title>ATHENE GLOBAL FUNDING 5.349% 07/09/2027 144A</title>
        <cusip>04685A3X7</cusip>
        <identifiers>
          <isin value="US04685A3X78"/>
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        <balance>860000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>864991.87000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05349000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SOUND POINT CLO XXXI LTD</name>
        <lei>N/A</lei>
        <title>SOUND POINT CLO XXXI LTD AR TSFR3M+ 10/25/2034 144A</title>
        <cusip>83615PAJ6</cusip>
        <identifiers>
          <isin value="US83615PAJ66"/>
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        <balance>2240000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2240000.00000000</valUSD>
        <pctVal>0.047199370991</pctVal>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-10-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.00000000</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>SOUTHERN CO GAS CAPITAL CORP</name>
        <lei>E8CD46SWUD2TSN8PA636</lei>
        <title>SOUTHERN CO GAS CAP 4.05% 09/15/2028</title>
        <cusip>8426EPAJ7</cusip>
        <identifiers>
          <isin value="US8426EPAJ78"/>
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        <balance>690000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>685611.52000000</valUSD>
        <pctVal>0.014446621646</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04050000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CANADIAN NATURAL RESOURCES LTD</name>
        <lei>549300T15RIMIKZC5Q38</lei>
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        <cusip>136385AX9</cusip>
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        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BOOZ ALLEN AND HAMILTON INC</name>
        <lei>549300D7XCH2480XU542</lei>
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        <cusip>09951LAB9</cusip>
        <identifiers>
          <isin value="US09951LAB99"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1465675.79000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>BX COML MTG TR 2024-SLCT</name>
        <lei>N/A</lei>
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        <cusip>12433JAC4</cusip>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>DTE ENERGY CO</name>
        <lei>549300IX8SD6XXD71I78</lei>
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        <identifiers>
          <isin value="US233331BJ54"/>
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        <curCd>USD</curCd>
        <valUSD>2368478.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04875000</annualizedRt>
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        <name>VENTAS RLTY LTD PARTNERSHIP</name>
        <lei>32SXKSJ72K64GM3HOU64</lei>
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          <isin value="US92277GAN79"/>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>BAIN CAPITAL CREDIT CLO 2020-5 LTD</name>
        <lei>N/A</lei>
        <title>BAIN CAPITAL CREDIT CLO 2020-5 LTD ARR TSFR3M+115 04/20/2034 144A</title>
        <cusip>05683FBE8</cusip>
        <identifiers>
          <isin value="US05683FBE88"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>ROCC 2024-CNTR E</name>
        <lei>N/A</lei>
        <title>ROCC 2024-CNTR A 5.38834% 11/13/2041 144A</title>
        <cusip>74970WAA8</cusip>
        <identifiers>
          <isin value="US74970WAA80"/>
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        <balance>750000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>T-MOBILE USA INC</name>
        <lei>549300V2JRLO5DIFGE82</lei>
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        <cusip>87264ABV6</cusip>
        <identifiers>
          <isin value="US87264ABV61"/>
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        <balance>1020000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>989917.12000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03375000</annualizedRt>
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      <invstOrSec>
        <name>BLUE OWL ASSET LEASING TRUST 2024-1 LLC</name>
        <lei>N/A</lei>
        <title>BLUE OWL ASSET LEASING TRUST 2024-1 LLC 5.41% 03/15/2030 144A</title>
        <cusip>095921AC6</cusip>
        <identifiers>
          <isin value="US095921AC69"/>
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        <balance>240000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>241657.46000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA 30YR 5% 03/01/2050#FS5079</title>
        <cusip>3140XLUD8</cusip>
        <identifiers>
          <isin value="US3140XLUD85"/>
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        <balance>887768.50000000</balance>
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        <curCd>USD</curCd>
        <valUSD>891642.10000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>BX 2025-VOLT</name>
        <lei>N/A</lei>
        <title>BX 2025-VOLT B TSFR1M+210 12/15/2044 144A</title>
        <cusip>05619PAC0</cusip>
        <identifiers>
          <isin value="US05619PAC05"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SANTANDER MORTGAGE ASSET RECEIVABLE TRUST 2025-NQM6</name>
        <lei>2549003RXF6LNJ2GP990</lei>
        <title>SANTANDER MORTGAGE ASSET RECEIVABLE TRUST 2025-NQM6 A1 VAR 11/25/2065 144A</title>
        <cusip>80265DAA1</cusip>
        <identifiers>
          <isin value="US80265DAA19"/>
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        <curCd>USD</curCd>
        <valUSD>224593.97000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <name>GNMA GUARANTEED PASS THRU CERT</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GNMA II 3.5% 07/20/2052#MA8149</title>
        <cusip>36179XBS4</cusip>
        <identifiers>
          <isin value="US36179XBS45"/>
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        <curCd>USD</curCd>
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        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
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        <name>CLARUS CAP FDG 2026-1 LLC</name>
        <lei>N/A</lei>
        <title>CLARUS CAP FDG 2026-1 LLC 1A B 5.01% 11/20/2034 144A</title>
        <cusip>18271RAC8</cusip>
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          <isin value="US18271RAC88"/>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>FIGRE TR 2026-HF3</name>
        <lei>N/A</lei>
        <title>FIGRE TR 2026-HF3 SOFR30A+140 03/25/2056 144A</title>
        <cusip>31684WAA5</cusip>
        <identifiers>
          <isin value="US31684WAA53"/>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>ALLY BK MIDVALE UTAH</name>
        <lei>549300C04BJ0G297NC13</lei>
        <title>ALLY BK MIDVALE UTAH 4.97% 09/15/2032 144A</title>
        <cusip>02007G4B6</cusip>
        <identifiers>
          <isin value="US02007G4B61"/>
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        <balance>127408.71000000</balance>
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        <curCd>USD</curCd>
        <valUSD>128167.86000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04970000</annualizedRt>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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        <name>HYUNDAI CAPITAL AMERICA</name>
        <lei>549300RIPPWJB5Z0FK07</lei>
        <title>HYUNDAI CAP AMER 4.875% 06/23/2027 144A</title>
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        <identifiers>
          <isin value="US44891ADU88"/>
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        <curCd>USD</curCd>
        <valUSD>3108322.49000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04875000</annualizedRt>
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        <fairValLevel>2</fairValLevel>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
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        <name>FREDDIE MAC STACR REMIC TRUST 2021-DNA1</name>
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        <name>JUNIPER VALLEY PARK CLO LLC</name>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
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        <name>BENCHMARK 2025-V19 MORTGAGE TRUST</name>
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        <name>GNMA II GTD PASS THRU CTF MULTIPLE ISSUER</name>
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        <name>BECTON DICKINSON and CO</name>
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        <name>NEXTERA ENERGY CAP HLDGS INC</name>
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        <name>OCTANE RECEIVABLES TRUST 2023-3</name>
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        <name>VOYA CLO 2022-1 LTD / VOYA CLO 2022-1 LLC</name>
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        <name>ELEMENT FLEET MANAGEMENT CORP</name>
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      <invstOrSec>
        <name>IQVIA INC</name>
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        <name>PACIFIC GAS and ELECTRIC CO</name>
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        <name>VOLKSWAGEN GROUP AMER FIN LLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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      <invstOrSec>
        <name>AUXILIOR TERM FUNDING 2024-1 LLC</name>
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        <name>FREEPORT-MCMORAN INC</name>
        <lei>549300IRDTHJQ1PVET45</lei>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>AMERICAN EXPRESS CO</name>
        <lei>R4PP93JZOLY261QX3811</lei>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <name>FED HOME LOAN MTG CORP - GOLD</name>
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        <cusip>31427GXA7</cusip>
        <identifiers>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
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        <name>FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FEDERAL HOME LN MTG MLT CTF GT 4.6% 06/25/2030</title>
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        <name>NRZT 2025-NQM6</name>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
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          <couponKind>Variable</couponKind>
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        <name>SBA TOWER TR</name>
        <lei>N/A</lei>
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        <issuerCat>CORP</issuerCat>
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          <couponKind>Fixed</couponKind>
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        <name>BATTALION CLO XII LTD</name>
        <lei>N/A</lei>
        <title>BATTALION CLO XII LTD BRR TSFR3M+120 05/17/2031 144A</title>
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        <curCd>USD</curCd>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <name>CORPORACION NACIONAL DEL COBRE DE CHILE</name>
        <lei>549300UVMBCBCIPSUI70</lei>
        <title>CORPORACION NACIONAL DEL COBRE DE CHILE 3% 09/30/2029 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="USP3143NBE33"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA 30YR 6% 07/01/2054#CB8858</title>
        <cusip>3140QUZY5</cusip>
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        <name>BUNGE LTD FIN CORP</name>
        <lei>549300QHC068L40NNM71</lei>
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        <curCd>USD</curCd>
        <valUSD>1689672.58000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>HPS LOAN MANAGEMENT 2024-19 LTD</name>
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        <curCd>USD</curCd>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MARBLE POINT CLO XXI LTD</name>
        <lei>N/A</lei>
        <title>MARBLE POINT CLO XXI LTD BR TSFR3M+150 10/17/2034 144A</title>
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        <curCd>USD</curCd>
        <valUSD>2100619.50000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-10-17</maturityDt>
          <couponKind>Variable</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>COX COMMUNICATIONS INC</name>
        <lei>5493001NEDZNIFRP2R92</lei>
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        <cusip>224044CR6</cusip>
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          <isin value="US224044CR68"/>
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        <curCd>USD</curCd>
        <valUSD>1193043.46000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>LCM 39 LTD</name>
        <lei>N/A</lei>
        <title>LCM 39 LTD A1R2 TSFR3M+104 10/15/2034 144A</title>
        <cusip>50204NBA5</cusip>
        <identifiers>
          <isin value="US50204NBA54"/>
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        <balance>2545000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2544910.93000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>0.04713100</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>ARES XXXIV CLO LTD</name>
        <lei>549300VDFIIXSFET0S73</lei>
        <title>ARES XXXIV CLO LTD X TSFR3M+100 07/17/2038 144A</title>
        <cusip>04015GAZ2</cusip>
        <identifiers>
          <isin value="US04015GAZ28"/>
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        <balance>1457142.86000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1457091.86000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-07-17</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04680380</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>CHENIERE ENERGY INC</name>
        <lei>MIHC87W9WTYSYZWV1J40</lei>
        <title>CHENIERE ENERGY INC 4.625% 10/15/2028</title>
        <cusip>16411RAK5</cusip>
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          <isin value="US16411RAK59"/>
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        <balance>280000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>279857.27000000</valUSD>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>VOLKSWAGEN GROUP AMER FIN LLC</name>
        <lei>5493002SQ1AVQBY41K40</lei>
        <title>VOLKSWAGEN GROUP AMER FIN LLC 5.7% 09/12/2026 144A</title>
        <cusip>928668BV3</cusip>
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          <isin value="US928668BV31"/>
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        <curCd>USD</curCd>
        <valUSD>1430675.40000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-12</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SFUEL 25-BA</name>
        <lei>N/A</lei>
        <title>SFUEL 25-BA 4.31% 05/22/2028 144A</title>
        <cusip>858933AB0</cusip>
        <identifiers>
          <isin value="US858933AB00"/>
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        <balance>2241025.54000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2243147.57000000</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>2028-05-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04310000</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>BARCLAYS PLC</name>
        <lei>213800LBQA1Y9L22JB70</lei>
        <title>BARCLAYS PLC 4.476%/VAR 11/11/2029</title>
        <cusip>06738EDD4</cusip>
        <identifiers>
          <isin value="US06738EDD40"/>
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        <balance>1205000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1197823.57000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-11</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04476000</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>EXETER SELECT AUTOMOBILE RECEIVABLES TR 2025-2</name>
        <lei>N/A</lei>
        <title>EXETER SELECT AUTOMOBILE RECEIVABLES TR 2025-2 4.54% 06/15/2029</title>
        <cusip>30185EAB9</cusip>
        <identifiers>
          <isin value="US30185EAB92"/>
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        <balance>708089.80000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>709244.77000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04540000</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>BMO 2026-C14 MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>BMO 2026-C14 MORTGAGE TRUST 4.3186% 02/15/2059</title>
        <cusip>096942AS6</cusip>
        <identifiers>
          <isin value="US096942AS64"/>
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        <balance>187882.87000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>185961.20000000</valUSD>
        <pctVal>0.003918415923</pctVal>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2059-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04359700</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>CENTENE CORP DEL</name>
        <lei>549300Z7JJ4TQSQGT333</lei>
        <title>CENTENE CORP 4.25% 12/15/2027</title>
        <cusip>15135BAR2</cusip>
        <identifiers>
          <isin value="US15135BAR24"/>
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        <balance>680000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>677918.66000000</valUSD>
        <pctVal>0.014284524256</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04250000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA 30YR 4.5% 10/01/2048#MA3496</title>
        <cusip>31418C3E2</cusip>
        <identifiers>
          <isin value="US31418C3E21"/>
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        <balance>5427.99000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5279.83000000</valUSD>
        <pctVal>0.000111252078</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04500000</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>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA 30YR 5% 01/01/2056#MA5944</title>
        <cusip>31418FTA5</cusip>
        <identifiers>
          <isin value="US31418FTA56"/>
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        <balance>744434.71000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>733026.84000000</valUSD>
        <pctVal>0.015445716860</pctVal>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FOCUS BRANDS FUNDING LLC</name>
        <lei>N/A</lei>
        <title>FOCUS BRANDS FUNDING LLC 5.093% 04/30/2047 144A</title>
        <cusip>34417MAB3</cusip>
        <identifiers>
          <isin value="US34417MAB37"/>
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        <balance>1915550.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1910830.85000000</valUSD>
        <pctVal>0.040263399192</pctVal>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-04-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05093000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>KEURIG DR PEPPER INC</name>
        <lei>DYTQ8KRTKO7Y2BVU5K74</lei>
        <title>KEURIG DR PEPPER INC 5.05% 03/15/2029</title>
        <cusip>49271VAT7</cusip>
        <identifiers>
          <isin value="US49271VAT70"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2031125.30000000</valUSD>
        <pctVal>0.042798141323</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05050000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CROSS 2026-NQM6 MTG TR</name>
        <lei>N/A</lei>
        <title>CROSS 2026-NQM6 5.521% 05/25/2071 144A</title>
        <cusip>22759CAF7</cusip>
        <identifiers>
          <isin value="US22759CAF77"/>
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        <balance>139004.10000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>138726.11000000</valUSD>
        <pctVal>0.002923118362</pctVal>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2071-05-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05521000</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>CHICAGO BOARD OF TRADE</name>
        <lei>549300EX04Q2QBFQTQ27</lei>
        <title>US 10YR ULTRA FUT SEP26 UXYU6</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="UXYU6"/>
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        <balance>-98.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-114217.28000000</valUSD>
        <pctVal>-0.00240668918</pctVal>
        <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">
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              <counterpartyName>CHICAGO BOARD OF TRADE</counterpartyName>
              <counterpartyLei>549300EX04Q2QBFQTQ27</counterpartyLei>
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            <payOffProf>Short</payOffProf>
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              <otherRefInst>
                <issuerName>UST NOTES</issuerName>
                <issueTitle>$US 10YR NOTE ULTRA FUT CONTRACT UNDERLYING</issueTitle>
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        <name>BNP PARIBAS</name>
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        <name>FORTRESS CREDIT BSL VII LTD</name>
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        <name>COOPERATIEVE RABOBANK UA</name>
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        <name>NATIONAL BANK OF CANADA</name>
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        <name>MERCHANTS FLEET FUNDING LLC</name>
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        <name>TOORAK MORTGAGE CORP 2018-1 LTD</name>
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        <name>BENCHMARK 2026-V20 MTG TR</name>
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        <name>BROWN and BROWN INC</name>
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        <name>CARVANA AUTO RECEIVABLES TR 2024-N1</name>
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        <cusip>14687QAE3</cusip>
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        <name>UST NOTES</name>
        <lei>254900HROIFWPRGM1V77</lei>
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        <name>CONSTELLATION ENERGY GENERATION LLC</name>
        <lei>S2PEWKCZFFECR4533P43</lei>
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        <cusip>210385AB6</cusip>
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        <name>COX COMMUNICATIONS INC</name>
        <lei>5493001NEDZNIFRP2R92</lei>
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        <name>FTAI MRE 2026-1 CAYMAN LTD</name>
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        <name>SBA TOWER TR</name>
        <lei>N/A</lei>
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        <name>RTX CORP</name>
        <lei>I07WOS4YJ0N7YRFE7309</lei>
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        <cusip>913017AT6</cusip>
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        <name>WELLS FARGO and CO</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
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        <valUSD>4392938.97000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-23</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04970000</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>STELLANTIS FINANCIAL UNDERWRITTEN ENHANCED LEASE TRUST 2026-A</name>
        <lei>N/A</lei>
        <title>STELLANTIS FINANCIAL UNDERWRITTEN ENHANCED LEASE TRUST 2026-AA B 4.61% 04/22/2030 144A</title>
        <cusip>85856FAF9</cusip>
        <identifiers>
          <isin value="US85856FAF99"/>
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        <balance>2645000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2637847.39000000</valUSD>
        <pctVal>0.055582472133</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04610000</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>HEALTHCARE REALTY HOLDINGS LP</name>
        <lei>549300IYGAS4GE6VDL07</lei>
        <title>HEALTHCARE REALTY HOLDINGS LP 3.625% 01/15/2028</title>
        <cusip>42225UAK0</cusip>
        <identifiers>
          <isin value="US42225UAK07"/>
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        <balance>859000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>844179.27000000</valUSD>
        <pctVal>0.017787826137</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03625000</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>STARWOOD MTG RESIDENTIAL TR 2021-2</name>
        <lei>N/A</lei>
        <title>STARWOOD MTG RESIDENTIAL TR 2021-2 0.943% 05/25/2065 144A</title>
        <cusip>85573HAA8</cusip>
        <identifiers>
          <isin value="US85573HAA86"/>
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        <balance>130156.79000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>126599.80000000</valUSD>
        <pctVal>0.002667603092</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2065-05-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00943000</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>CENCORA INC</name>
        <lei>AI8GXW8LG5WK7E9UD086</lei>
        <title>CENCORA INC 4.625% 12/15/2027</title>
        <cusip>03073EAV7</cusip>
        <identifiers>
          <isin value="US03073EAV74"/>
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        <balance>1180000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1185332.25000000</valUSD>
        <pctVal>0.024976310989</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04625000</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>GNMA II GTD PASS THRU CTF MULTIPLE ISSUER</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GNII II 3.5% 11/20/2050#MA6997</title>
        <cusip>36179VX21</cusip>
        <identifiers>
          <isin value="US36179VX214"/>
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        <balance>686875.65000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>629870.67000000</valUSD>
        <pctVal>0.013272097959</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-11-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03500000</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>BROADCOM INC</name>
        <lei>549300WV6GIDOZJTV909</lei>
        <title>BROADCOM INC 5.05% 07/12/2029</title>
        <cusip>11135FBX8</cusip>
        <identifiers>
          <isin value="US11135FBX87"/>
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        <balance>2400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2441865.86000000</valUSD>
        <pctVal>0.051452916356</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05050000</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>BANK OF AMERICA CORPORATION</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
        <title>BANK OF AMERICA CORPORATION 5.933%/VAR 09/15/2027</title>
        <cusip>06051GLV9</cusip>
        <identifiers>
          <isin value="US06051GLV94"/>
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        <balance>2200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2210762.84000000</valUSD>
        <pctVal>0.046583310473</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.05933000</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>LPL HOLDINGS INC</name>
        <lei>549300Z5YF8CCRMYUL26</lei>
        <title>LPL HOLDINGS INC 5.7% 05/20/2027</title>
        <cusip>50212YAJ3</cusip>
        <identifiers>
          <isin value="US50212YAJ38"/>
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        <balance>1298000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1312447.66000000</valUSD>
        <pctVal>0.027654778576</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05700000</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>MFA 2021-NQM2 TR</name>
        <lei>N/A</lei>
        <title>MFA 2021-NQM2 TR 1.317% 11/25/2064 144A</title>
        <cusip>55283WAB7</cusip>
        <identifiers>
          <isin value="US55283WAB72"/>
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        <balance>130895.56650000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>116829.82000000</valUSD>
        <pctVal>0.002461738400</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2064-11-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01317000</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>OBX 2020-INV1 TRUST</name>
        <lei>N/A</lei>
        <title>OBX 2020-INV1 TRUST 3.5% 12/25/2049 144A</title>
        <cusip>67113CAE6</cusip>
        <identifiers>
          <isin value="US67113CAE66"/>
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        <balance>67304.55640000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>59831.94000000</valUSD>
        <pctVal>0.001260727648</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-12-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03500000</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>PEEBLES PARK CLO LTD</name>
        <lei>254900NRUX0E104HOE86</lei>
        <title>PEEBLES PARK CLO LTD AR TSFR3M+ 04/21/2037 144A</title>
        <cusip>70537AAL6</cusip>
        <identifiers>
          <isin value="US70537AAL61"/>
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        <balance>645000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>645000.00000000</valUSD>
        <pctVal>0.013590890307</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-04-21</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04826230</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HPHT FINANCE 21 II LTD</name>
        <lei>254900SLH6EYTB8QK559</lei>
        <title>HPHT FINANCE 21 II LTD 1.5% 09/17/2026 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2387263440"/>
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        <balance>650000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>643925.46000000</valUSD>
        <pctVal>0.013568248516</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01500000</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>EXETER AUTOMOBILE RECEIVABLES TR 2026-1</name>
        <lei>N/A</lei>
        <title>EXETER AUTOMOBILE RECEIVABLES TR 2026-1 4.73% 05/17/2032</title>
        <cusip>30168HAE7</cusip>
        <identifiers>
          <isin value="US30168HAE71"/>
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        <balance>800000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>788916.24000000</valUSD>
        <pctVal>0.016623370666</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-05-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04400000</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>FED HOME LOAN MTG CORP - GOLD</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FHLG 30YR 4.5% 02/01/2053#SD8298</title>
        <cusip>3132DWGF4</cusip>
        <identifiers>
          <isin value="US3132DWGF41"/>
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        <balance>2064344.04000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1995741.35000000</valUSD>
        <pctVal>0.042052560884</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SOLVENTUM CORP</name>
        <lei>254900I70403OSGY4M28</lei>
        <title>SOLVENTUM CORP 5.45% 02/25/2027</title>
        <cusip>83444MAN1</cusip>
        <identifiers>
          <isin value="US83444MAN11"/>
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        <balance>792000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>796955.20000000</valUSD>
        <pctVal>0.016792760780</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-02-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05450000</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>CONNECTICUT AVE SECS TR 2026-R01</name>
        <lei>N/A</lei>
        <title>CONNECTICUT AVE SECS TR 2026-R01 SOFR30A+100 01/25/2046 144A</title>
        <cusip>20755BAB6</cusip>
        <identifiers>
          <isin value="US20755BAB62"/>
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        <balance>352026.47430000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>352063.33000000</valUSD>
        <pctVal>0.007418378448</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-01-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04612100</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>LLOYDS BANKING GROUP PLC</name>
        <lei>549300PPXHEU2JF0AM85</lei>
        <title>LLOYDS BANKING GROUP PLC 4.241%/VAR 02/10/2030</title>
        <cusip>53944YBG7</cusip>
        <identifiers>
          <isin value="US53944YBG70"/>
        </identifiers>
        <balance>1463000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1446903.83000000</valUSD>
        <pctVal>0.030487924402</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-10</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04241000</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>BECTON DICKINSON and CO</name>
        <lei>ICE2EP6D98PQUILVRZ91</lei>
        <title>BECTON DICKINSON and CO 5.081% 06/07/2029</title>
        <cusip>075887CU1</cusip>
        <identifiers>
          <isin value="US075887CU10"/>
        </identifiers>
        <balance>1050000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1059077.88000000</valUSD>
        <pctVal>0.022315986503</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-07</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05081000</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>MORGAN STANLEY BK NA SALT LAKE</name>
        <lei>G1MLHIS0N32I3QPILB75</lei>
        <title>MORGAN STANLEY BK NA SALT LAKE 4.788%/VAR 05/10/2030</title>
        <cusip>61778EUR0</cusip>
        <identifiers>
          <isin value="US61778EUR07"/>
        </identifiers>
        <balance>380000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>381077.18000000</valUSD>
        <pctVal>0.008029733569</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-10</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04788000</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>HOMES 2025-NQM2 TRUST</name>
        <lei>N/A</lei>
        <title>HOMES 2025-NQM2 TRUST 5.425% 02/25/2070 144A</title>
        <cusip>403966AA2</cusip>
        <identifiers>
          <isin value="US403966AA22"/>
        </identifiers>
        <balance>392758.54000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>393926.13000000</valUSD>
        <pctVal>0.008300475693</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2070-02-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05425000</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>WELLS FARGO and CO</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
        <title>WELLS FARGO and CO NEW 4.577%/VAR 05/20/2029</title>
        <cusip>95000U4H3</cusip>
        <identifiers>
          <isin value="US95000U4H36"/>
        </identifiers>
        <balance>2500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2498842.03000000</valUSD>
        <pctVal>0.052653469653</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04577000</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>SUMISHO AIR LEASE CORP</name>
        <lei>5493004NW4M4P8TMMK63</lei>
        <title>SUMISHO AIR LEASE CORP 5.3% 02/01/2028</title>
        <cusip>00914AAU6</cusip>
        <identifiers>
          <isin value="US00914AAU60"/>
        </identifiers>
        <balance>960000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>969231.98000000</valUSD>
        <pctVal>0.020422830268</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05300000</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>OCTANE RECEIVABLES TRUST 2024-3</name>
        <lei>N/A</lei>
        <title>OCTANE RECEIVABLES TRUST 2024-3 5.51% 10/20/2031 144A</title>
        <cusip>67571GAD4</cusip>
        <identifiers>
          <isin value="US67571GAD43"/>
        </identifiers>
        <balance>300000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>302309.46000000</valUSD>
        <pctVal>0.006370007302</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-10-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05510000</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>DEXT ABS 2025-1 LLC</name>
        <lei>N/A</lei>
        <title>DEXT ABS 2025-1 LLC 4.59% 08/16/2027 144A</title>
        <cusip>252154AB5</cusip>
        <identifiers>
          <isin value="US252154AB57"/>
        </identifiers>
        <balance>229525.39000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>229850.12000000</valUSD>
        <pctVal>0.004843205842</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04590000</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>BATTALION CLO X LTD / BATTALION CLO X LLC</name>
        <lei>N/A</lei>
        <title>BATTALION CLO X LTD 16-10A A2R3 TSFR3M+175 01/24/2035 144A</title>
        <cusip>07132JBN3</cusip>
        <identifiers>
          <isin value="US07132JBN37"/>
        </identifiers>
        <balance>1945000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1946421.80000000</valUSD>
        <pctVal>0.041013341359</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-01-24</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.05417090</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>WOART 2025-C</name>
        <lei>N/A</lei>
        <title>WOART 2025-C 4.19% 10/16/2028</title>
        <cusip>981936AB3</cusip>
        <identifiers>
          <isin value="US981936AB31"/>
        </identifiers>
        <balance>1789131.04000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1789810.55000000</valUSD>
        <pctVal>0.037713362568</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04190000</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>FLAGSTAR MTG TR 2020-1INV</name>
        <lei>N/A</lei>
        <title>FLAGSTAR MTG TR 2020-1INV TSFR1M+96.448 03/25/2050 144A</title>
        <cusip>33851YAL0</cusip>
        <identifiers>
          <isin value="US33851YAL02"/>
        </identifiers>
        <balance>172625.69000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>166851.81000000</valUSD>
        <pctVal>0.003515759143</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-03-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04548800</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>STRYKER CORP</name>
        <lei>5493002F0SC4JTBU5137</lei>
        <title>STRYKER CORP 4.7% 02/10/2028</title>
        <cusip>863667BK6</cusip>
        <identifiers>
          <isin value="US863667BK67"/>
        </identifiers>
        <balance>922000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>926479.41000000</valUSD>
        <pctVal>0.019521984548</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04700000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="As of March 2025, monthly returns presented in Item B.5.a. have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-06-30</ncom:dateSigned>
      <ncom:nameOfApplicant>Heather Bonner</ncom:nameOfApplicant>
      <ncom:signature>Heather Bonner</ncom:signature>
      <ncom:signerName>Heather Bonner</ncom:signerName>
      <ncom:title>President and Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
