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        <name>FEDERAL HOME LOAN MORTGAGE CORP</name>
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        <name>The Sherwin-Williams Company</name>
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        <name>Halliburton Company</name>
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        <name>Virginia Electric and Power Company</name>
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        <name>Texas Instruments Inc.</name>
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        <name>TWDC ENTERPRISES 18 CORP</name>
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        <name>Elevance Health Inc.</name>
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        <name>HCA Inc.</name>
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        <name>United States Treasury Bonds</name>
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        <name>Verizon Communications Inc.</name>
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        <name>America Movil S.A.B. de C.V.</name>
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        <name>Sabine Pass Liquefaction, LLC</name>
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        <name>Alphabet Inc.</name>
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        <name>Equinor ASA</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Virginia Electric and Power Company</name>
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        <title>D 4 11/15/46 C</title>
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        <name>UnitedHealth Group Inc.</name>
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        <name>Occidental Petroleum Corp.</name>
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        <name>FEDERAL HOME LOAN BANKS</name>
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        <name>Teledyne Technologies Inc</name>
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        <name>Intel Corporation</name>
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        <name>Pepsico Inc</name>
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        <name>FedEx Corporation</name>
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        <name>United States Treasury Notes</name>
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        <name>Ford Motor Credit Company LLC</name>
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        <name>Elevance Health Inc.</name>
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        <name>Apple Inc.</name>
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        <name>AT&amp;T Inc</name>
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        <name>GATX Corporation</name>
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        <name>AT&amp;T Inc</name>
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        <name>DH Europe Finance II SARL</name>
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        <title>DHR 3.25 11/15/39</title>
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        <name>TR Finance LLC</name>
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        <name>Huntington Bancshares Incorporated</name>
        <lei>549300XTVCVV9I7B5T19</lei>
        <title>HBAN V6.208 08/21/29</title>
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        <name>Prudential Financial, Inc.</name>
        <lei>5PRBRS5FEH7NREC8OR45</lei>
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        <name>Sumitomo Mitsui Financial Group Inc.</name>
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        <name>The Progressive Corporation</name>
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        <name>Becton, Dickinson and Company</name>
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        <name>Caterpillar Financial Services Corp.</name>
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        <name>Amazon.com, Inc.</name>
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        <name>Salesforce Inc.</name>
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        <name>Shell Finance US Inc.</name>
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        <name>United States Treasury Bonds</name>
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        <name>FedEx Corporation</name>
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        <name>Wells Fargo &amp; Co.</name>
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        <name>Halliburton Company</name>
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        <name>Edison International</name>
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        <name>Prudential Financial, Inc.</name>
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        <name>Bank of Montreal</name>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Leidos Inc</name>
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        <name>Sempra</name>
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        <name>Sabine Pass Liquefaction, LLC</name>
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        <name>Centene Corp.</name>
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        <name>Toyota Motor Credit Corp.</name>
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        <name>Oracle Corp.</name>
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        <name>United States Treasury Notes</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>T 3.875 08/15/34</title>
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        <name>The Clorox Company</name>
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        <title>CLX 4.6 05/01/32</title>
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        <name>Hungary (Republic Of)</name>
        <lei>5299003F3UFKGCCMAP43</lei>
        <title>REPHUN 7.625 03/29/41 30Y</title>
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        <invCountry>HU</invCountry>
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        <name>AT&amp;T Inc</name>
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        <name>Amazon.com, Inc.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Nike, Inc.</name>
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        <name>McDonald's Corp.</name>
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        <name>Hess Corporation</name>
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        <name>Sumitomo Mitsui Financial Group Inc.</name>
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        <name>Ford Motor Credit Company LLC</name>
        <lei>UDSQCVRUX5BONN0VY111</lei>
        <title>F 6.798 11/07/28</title>
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        <name>HCA Inc.</name>
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        <name>Apple Inc.</name>
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        <name>Southern California Gas Co.</name>
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        <name>Prudential Financial, Inc.</name>
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        <name>Boardwalk Pipelines LP</name>
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        <name>Shell Finance US Inc.</name>
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        <name>FedEx Corporation</name>
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        <name>Saudi Arabia (Kingdom of)</name>
        <lei>635400FMICXSM3SI3H65</lei>
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        <name>AbbVie Inc.</name>
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        <name>TransCanada Pipelines Limited</name>
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        <name>JD.com Inc.</name>
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        <name>Jackson Financial Inc</name>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <name>TransCanada Pipelines Limited</name>
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        <name>Panama (Republic of)</name>
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        <name>AbbVie Inc.</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Morgan Stanley</name>
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        <name>Lowes Companies, Inc.</name>
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        <name>Trane Technologies Financing Ltd.</name>
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        <name>GlaxoSmithKline Capital Inc.</name>
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        <name>Aptiv PLC</name>
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        <name>Oman (Sultanate Of)</name>
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        <name>Apple Inc.</name>
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        <name>JPMorgan Chase &amp; Co.</name>
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        <name>The Progressive Corporation</name>
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        <name>Freeport-McMoRan Inc.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Dollar General Corporation</name>
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        <name>Government National Mortgage Association</name>
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        <name>Hungary (Republic Of)</name>
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        <name>United States Treasury Bonds</name>
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        <name>Pfizer Investment Enterprises Pte Ltd.</name>
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        <name>CHARTER COMMUNICATIONS OPERATING LLC</name>
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        <name>Marathon Petroleum Corp.</name>
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        <name>Enbridge Inc.</name>
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        <name>Oneok Inc.</name>
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        <name>Petroleos Mexicanos Sa De CV</name>
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        <name>Petroleos Mexicanos Sa De CV</name>
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        <name>Gallagher Aj &amp;Co</name>
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        <name>B.A.T. Capital Corporation</name>
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        <name>AT&amp;T Inc</name>
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        <name>The Procter &amp; Gamble Co.</name>
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        <name>FedEx Corporation</name>
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        <name>Tapestry Inc</name>
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        <name>Linde Inc.</name>
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        <name>Enbridge Inc.</name>
        <lei>98TPTUM4IVMFCZBCUR27</lei>
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        <name>Apple Inc.</name>
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        <name>Valero Energy Corp.</name>
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        <title>VLO 3.65 12/01/51</title>
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        <name>Potomac Electric Power Company</name>
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        <name>Comcast Corporation</name>
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        <name>Simon Property Group LP</name>
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        <name>United States Treasury Bonds</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>T 4.5 02/15/36</title>
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        <name>AbbVie Inc.</name>
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        <title>ABBV 4.45 05/14/46</title>
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        <name>Old Republic International Corporation</name>
        <lei>549300IV6O2YY2A1KH37</lei>
        <title>ORI 3.875 08/26/26</title>
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        <name>Petroleos Mexicanos Sa De CV</name>
        <lei>549300CAZKPF4HKMPX17</lei>
        <title>PEMEX 7.69 01/23/50</title>
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        <name>Black Hills Corporation</name>
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        <name>Uruguay (Republic Of)</name>
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        <name>Pfizer Investment Enterprises Pte Ltd.</name>
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        <name>Flex Ltd.</name>
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        <name>Abbott Laboratories</name>
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        <name>Toyota Motor Credit Corp.</name>
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        <name>Fifth Third Bancorp</name>
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        <name>Goldman Sachs Trust</name>
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        <name>B.A.T. Capital Corporation</name>
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        <name>Entergy Corporation</name>
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        <name>Kennametal Inc</name>
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        <name>SPECTRUM MANAGEMENT HOLDING COMPANY LLC</name>
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        <name>Piedmont Natural Gas Company, Inc.</name>
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        <name>Textron Inc.</name>
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        <name>Johnson &amp; Johnson</name>
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        <name>Bank of America Corp.</name>
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      <invstOrSec>
        <name>Las Vegas Sands Corp</name>
        <lei>549300DUOO1KXOHPM605</lei>
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      <invstOrSec>
        <name>Zoetis Inc.</name>
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        <name>Sempra</name>
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      <invstOrSec>
        <name>Eli Lilly &amp; Co.</name>
        <lei>FRDRIPF3EKNDJ2CQJL29</lei>
        <title>LLY 3.1 05/15/27</title>
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        <name>Simon Property Group LP</name>
        <lei>MR92GTD0MJTTTTQDVG45</lei>
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        <name>JPMorgan Chase &amp; Co.</name>
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        <name>KLA Corp.</name>
        <lei>549300H0BF5JCG96TJ81</lei>
        <title>KLAC 5 03/15/49</title>
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        <name>The Kroger Co.</name>
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        <name>Elevance Health Inc.</name>
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        <title>ELV 5.2 02/15/35</title>
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        <name>PNC Bank National Association Pittsburgh Pennsylvania</name>
        <lei>AD6GFRVSDT01YPT1CS68</lei>
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        <name>General Motors Financial Company Inc</name>
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        <name>Textron Inc.</name>
        <lei>3PPKBHUG1HD6BO7RNR87</lei>
        <title>TXT 3 06/01/30</title>
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        <name>Toyota Motor Credit Corp.</name>
        <lei>Z2VZBHUMB7PWWJ63I008</lei>
        <title>TOYOTA 3.65 01/08/29</title>
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        <name>Pfizer Investment Enterprises Pte Ltd.</name>
        <lei>5493000FQO8XF9C0RT95</lei>
        <title>PFE 4.75 05/19/33</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>G2 MA6994</title>
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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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          <maturityDt>2050-11-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</annualizedRt>
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      <invstOrSec>
        <name>W.w. Grainger Inc.</name>
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        <title>GWW 3.75 05/15/46</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>Bank of America Corp.</name>
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          <isin value="US06051GKC23"/>
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        <balance>84000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>74353.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-09-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.48200000</annualizedRt>
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      <invstOrSec>
        <name>Las Vegas Sands Corp</name>
        <lei>549300DUOO1KXOHPM605</lei>
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          <isin value="US517834AJ61"/>
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        <balance>160000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>162836.80000000</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>2027-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>United States Treasury Notes</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>T 1.625 09/30/26</title>
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        <balance>8503000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <maturityDt>2026-09-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.62500000</annualizedRt>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>G2-30YR-Multi</title>
        <cusip>21H040632</cusip>
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          <isin value="US21H0406320"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1923750.00000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Honeywell International Inc.</name>
        <lei>ISRPG12PN4EIEOEMW547</lei>
        <title>HON 4.75 02/01/32</title>
        <cusip>438516CZ7</cusip>
        <identifiers>
          <isin value="US438516CZ71"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>205929.10000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA-30YR</title>
        <cusip>01F052631</cusip>
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          <isin value="US01F0526313"/>
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        <balance>2000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2032187.50000000</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>
          <maturityDt>2056-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Broadcom Inc</name>
        <lei>549300WV6GIDOZJTV909</lei>
        <title>AVGO 3.137 11/15/35 144A</title>
        <cusip>11135FBP5</cusip>
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          <isin value="US11135FBP53"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>43605.74000000</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>2035-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.13700000</annualizedRt>
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      <invstOrSec>
        <name>ABB Finance (USA) Inc.</name>
        <lei>5493002Y01YAFV45F528</lei>
        <title>ABBNVX 4.375 05/08/42</title>
        <cusip>00037BAC6</cusip>
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          <isin value="US00037BAC63"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>90970.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-05-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
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        <name>Mexico (United Mexican States)</name>
        <lei>254900EGTWEU67VP6075</lei>
        <title>MEX 3.5 02/12/34</title>
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        <valUSD>219864.13000000</valUSD>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-02-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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        <name>JPMorgan Chase &amp; Co.</name>
        <lei>8I5DZWZKVSZI1NUHU748</lei>
        <title>JPM 5.5 10/15/40</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Marsh &amp; McLennan Companies, Inc.</name>
        <lei>549300XMP3KDCKJXIU47</lei>
        <title>MRSH 4.85 11/15/31</title>
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          <isin value="US571748CB69"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2031-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Uruguay (Republic Of)</name>
        <lei>549300RDR012H2V82H43</lei>
        <title>URUGUA 4.375 10/27/27</title>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>UY</invCountry>
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        <name>CHARTER COMMUNICATIONS OPERATING LLC</name>
        <lei>549300TPZNMN50BJ3745</lei>
        <title>CHTR 5.05 03/30/29</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
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        <name>Enbridge Inc.</name>
        <lei>98TPTUM4IVMFCZBCUR27</lei>
        <title>ENBCN 3.125 11/15/29</title>
        <cusip>29250NAZ8</cusip>
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        <balance>110000.00000000</balance>
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        <valUSD>106491.44000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.12500000</annualizedRt>
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        <name>Relx Capital Inc.</name>
        <lei>2R15C3RTKJN1RCBOV146</lei>
        <title>RELLN 3 05/22/30</title>
        <cusip>74949LAD4</cusip>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>95432.15000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-05-22</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>MPLX LP</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Elevance Health Inc.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Westlake Corporation</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Southern California Edison Company</name>
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        <cusip>842400FH1</cusip>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-02-01</maturityDt>
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        <name>W.w. Grainger Inc.</name>
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        <title>GWW 4.6 06/15/45</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-06-15</maturityDt>
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        <name>CHARTER COMMUNICATIONS OPERATING LLC</name>
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        <title>CHTR 5.125 07/01/49</title>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-07-01</maturityDt>
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      <invstOrSec>
        <name>Bristol-Myers Squibb Company</name>
        <lei>HLYYNH7UQUORYSJQCN42</lei>
        <title>BMY 4.125 06/15/39</title>
        <cusip>110122CQ9</cusip>
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          <isin value="US110122CQ99"/>
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        <balance>160000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>146731.14000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.12500000</annualizedRt>
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      <invstOrSec>
        <name>John Deere Capital Corp.</name>
        <lei>E0KSF7PFQ210NWI8Z391</lei>
        <title>DE 4.9 06/11/27 MTN</title>
        <cusip>24422EXR5</cusip>
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        <balance>110000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>111617.61000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-06-11</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Petroleos Mexicanos Sa De CV</name>
        <lei>549300CAZKPF4HKMPX17</lei>
        <title>PEMEX 10 02/07/33</title>
        <cusip>71654QDP4</cusip>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>234750.00000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-02-07</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>10.00000000</annualizedRt>
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      <invstOrSec>
        <name>Valero Energy Corp.</name>
        <lei>549300XTO5VR8SKV1V74</lei>
        <title>VLO 3.4 09/15/26</title>
        <cusip>91913YAU4</cusip>
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        <balance>84000.00000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Broadcom Inc</name>
        <lei>549300WV6GIDOZJTV909</lei>
        <title>AVGO 3.187 11/15/36 144A</title>
        <cusip>11135FBQ3</cusip>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-11-15</maturityDt>
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        <name>Home Depot Inc.</name>
        <lei>QEKMOTMBBKA8I816DO57</lei>
        <title>HD 1.375 03/15/31</title>
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        <name>JPMorgan Chase &amp; Co.</name>
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        <name>United States Treasury Bonds</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>T 2 08/15/51</title>
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        <name>Johnson Controls International PLC</name>
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        <title>JCI 4.5 02/15/47</title>
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        <name>Altria Group, Inc.</name>
        <lei>XSGZFLO9YTNO9VCQV219</lei>
        <title>MO 4.45 05/06/50</title>
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        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA-30YR</title>
        <cusip>01F040636</cusip>
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          <isin value="US01F0406367"/>
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          <maturityDt>2056-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>General Motors Financial Company Inc</name>
        <lei>5493008B6JBRUJ90QL97</lei>
        <title>GM 5.45 09/06/34</title>
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        <name>Morgan Stanley</name>
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        <name>American Tower Corporation</name>
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        <name>Entergy Texas Inc</name>
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        <name>Wells Fargo &amp; Co.</name>
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        <name>Analog Devices Inc.</name>
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        <name>United States Treasury Notes</name>
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        <name>Ovintiv Inc</name>
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        <name>Toyota Motor Credit Corp.</name>
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        <title>TOYOTA 1.9 09/12/31</title>
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        <name>SPECTRUM MANAGEMENT HOLDING COMPANY LLC</name>
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        <name>Ingredion Incorporated</name>
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        <name>Altria Group, Inc.</name>
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        <name>D.R. Horton, Inc.</name>
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        <name>Kyndryl Holdings Inc</name>
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        <title>KD 4.1 10/15/41</title>
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        <name>Federal National Mortgage Association</name>
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        <name>Flowserve Corporation</name>
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        <title>FLS 3.5 10/01/30</title>
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        <name>HSBC Holdings PLC</name>
        <lei>MLU0ZO3ML4LN2LL2TL39</lei>
        <title>HSBC V6.254 03/09/34</title>
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        <name>Citigroup Inc.</name>
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        <name>Valero Energy Corp.</name>
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        <name>KLA Corp.</name>
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        <name>Deere &amp; Company</name>
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        <name>Lowes Companies, Inc.</name>
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        <name>Government National Mortgage Association</name>
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        <name>Kyndryl Holdings Inc</name>
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        <name>Western Midstream Operating LP</name>
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        <name>Saudi Arabia (Kingdom of)</name>
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        <name>Sempra</name>
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        <name>Cenovus Energy Inc</name>
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        <name>Export-Import Bank of Korea</name>
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        <name>Kyndryl Holdings Inc</name>
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        <name>Healthpeak OP LLC</name>
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        <name>Northrop Grumman Corporation</name>
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        <name>BP Capital Markets America, Inc.</name>
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        <name>The Charles Schwab Corporation</name>
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          <maturityDt>2032-03-03</maturityDt>
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        <name>Perusahaan Penerbit Surat Berharga Syariah Indonesia III</name>
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        <issuerCat>NUSS</issuerCat>
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        <name>Eli Lilly &amp; Co.</name>
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        <title>LLY 3.375 03/15/29</title>
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        <name>United States Treasury Bonds</name>
        <lei>254900HROIFWPRGM1V77</lei>
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        <issuerCat>UST</issuerCat>
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          <maturityDt>2041-02-15</maturityDt>
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        <name>Wells Fargo &amp; Co.</name>
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        <cusip>95000U3E1</cusip>
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        <name>CHARTER COMMUNICATIONS OPERATING LLC</name>
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        <title>CHTR 2.8 04/01/31</title>
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        <name>Whirlpool Corp.</name>
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        <name>Verizon Communications Inc.</name>
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        <name>Simon Property Group LP</name>
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        <name>Northern Trust Corporation</name>
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        <name>Amazon.com, Inc.</name>
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        <title>AMZN 4.95 12/05/44</title>
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        <name>Enterprise Products Operating LLC</name>
        <lei>5493004LGN656HWLDA30</lei>
        <title>EPD 2.8 01/31/30</title>
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        <name>Lennox International Inc.</name>
        <lei>S7DWAC87RDMPBF77GJ92</lei>
        <title>LII 5.5 09/15/28</title>
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        <name>Wells Fargo &amp; Co.</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
        <title>WFC V5.389 04/24/34</title>
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        <name>International Business Machines Corp.</name>
        <lei>VGRQXHF3J8VDLUA7XE92</lei>
        <title>IBM 4.75 02/06/33</title>
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        <name>Apple Inc.</name>
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        <name>Northrop Grumman Corporation</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Ahold Finance USA LLC</name>
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        <name>Mizuho Financial Group Inc.</name>
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        <name>Elevance Health Inc.</name>
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        <name>International Business Machines Corp.</name>
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        <name>The Bank of New York Mellon Corp.</name>
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        <name>Enbridge Inc.</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Discovery Communications, LLC</name>
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        <name>Altria Group, Inc.</name>
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        <name>United States Treasury Bonds</name>
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        <name>PLAINS ALL AMERICAN PIPELINE LP</name>
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        <name>Abu Dhabi (Emirate of)</name>
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        <name>Korea Development Bank</name>
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        <name>Jackson Financial Inc</name>
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        <name>Oneok Inc.</name>
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        <name>Kraft Heinz Foods Company</name>
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        <name>Pulte Group Inc</name>
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        <name>Bank of America Corp.</name>
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          <maturityDt>2027-11-25</maturityDt>
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        <name>Emera US Finance LP</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-06-15</maturityDt>
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        <name>Cleco Corporate Holdings LLC</name>
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        <title>CNL 3.375 09/15/29</title>
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          <maturityDt>2029-09-15</maturityDt>
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        <name>Keurig Dr Pepper Inc</name>
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        <name>Cummins Inc.</name>
        <lei>ZUNI8PYC725B6H8JU438</lei>
        <title>CMI 5.15 02/20/34</title>
        <cusip>231021AW6</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>JPMorgan Chase &amp; Co.</name>
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        <title>JPM V4.603 10/22/30</title>
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        <fairValLevel>2</fairValLevel>
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        <name>PacifiCorp.</name>
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        <title>BRKHEC V7.375 09/15/55</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Crown Castle Inc.</name>
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        <title>CCI 5 01/11/28</title>
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        <fairValLevel>2</fairValLevel>
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        <name>United States Treasury Notes</name>
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        <name>PECO Energy Co.</name>
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        <title>EXC 4.8 10/15/43</title>
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        <name>NXP BV</name>
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        <name>Applovin Corp.</name>
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        <name>United States Treasury Notes</name>
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        <title>T 1.125 02/15/31</title>
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        <name>Walt Disney Company</name>
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        <name>Applied Materials Inc.</name>
        <lei>41BNNE1AFPNAZELZ6K07</lei>
        <title>AMAT 3.3 04/01/27</title>
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        <name>Cleco Power LLC</name>
        <lei>TM1ZH54SJKLNHFCBFK92</lei>
        <title>CNL 6 12/01/40</title>
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        <name>Public Service Electric &amp; Gas Co.</name>
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        <name>United States Treasury Notes</name>
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        <name>Alberta (Province Of)</name>
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        <name>Paramount Global</name>
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        <name>JPMorgan Chase &amp; Co.</name>
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        <name>DELL INTERNATIONAL LLC</name>
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        <title>DELL 5.75 02/01/33</title>
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        <name>Hyatt Hotels Corporation</name>
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        <name>T-Mobile USA, Inc.</name>
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        <name>Telefonica Europe B V</name>
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        <name>Union Pacific Corporation</name>
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        <name>DELL INTERNATIONAL LLC</name>
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        <name>United States Treasury Notes</name>
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        <name>HCA Inc.</name>
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        <name>HCA Inc.</name>
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        <name>Barclays PLC</name>
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        <name>Enbridge Inc.</name>
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        <title>ENBCN 3.4 08/01/51</title>
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        <name>United States Treasury Notes</name>
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        <name>Emerson Electric Co.</name>
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        <name>Amgen Inc.</name>
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        <name>Colombia (Republic Of)</name>
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        <name>International Business Machines Corp.</name>
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        <name>CBRE Services Inc</name>
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        <name>Applied Materials Inc.</name>
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        <name>Solventum Corp.</name>
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        <name>CHARTER COMMUNICATIONS OPERATING LLC</name>
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        <name>EOG Resources Inc.</name>
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        <name>Otis Worldwide Corp.</name>
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        <name>Coca-Cola Co (The)</name>
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        <name>Walt Disney Company</name>
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        <name>PacifiCorp.</name>
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        <name>Walt Disney Company</name>
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        <name>The Kroger Co.</name>
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        <name>Orange SA</name>
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        <name>Federal National Mortgage Association</name>
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        <name>PacifiCorp.</name>
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        <name>The Bank of New York Mellon Corp.</name>
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        <name>Morgan Stanley</name>
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        <name>Brown-Forman Corp.</name>
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        <name>Air Lease Corporation</name>
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        <name>Qatar Energy</name>
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        <name>Regeneron Pharmaceuticals, Inc.</name>
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        <name>The Kroger Co.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>BLACKROCK INC</name>
        <lei>529900VBK42Y5HHRMD23</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Apple Inc.</name>
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        <title>AAPL 3 06/20/27</title>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>3.00000000</annualizedRt>
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        <name>Eaton Corp.</name>
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        <name>Capital One Financial Corp.</name>
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        <name>Crown Castle Inc.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Eversource Energy</name>
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        <name>Waste Management, Inc.</name>
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        <name>Dupont De Nemours Inc</name>
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        <name>BP Capital Markets America, Inc.</name>
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        <name>Meta Platforms Inc</name>
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        <name>Morgan Stanley</name>
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        <name>CRH America Finance, Inc.</name>
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        <name>TC Pipelines, LP</name>
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        <name>American International Group Inc.</name>
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        <name>Philippines (Republic Of)</name>
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        <name>United States Treasury Notes</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>T 4 02/15/34</title>
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        <name>Romania (Republic Of)</name>
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        <name>Meta Platforms Inc</name>
        <lei>BQ4BKCS1HXDV9HN80Z93</lei>
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        <name>General Motors Company</name>
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        <title>GM 6.6 04/01/36</title>
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        <name>Simon Property Group LP</name>
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        <name>Roper Technologies Inc</name>
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        <name>Chevron USA Inc</name>
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        <title>CVX 4.405 02/26/27</title>
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        <name>Kraft Heinz Foods Company</name>
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        <name>The Charles Schwab Corporation</name>
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        <name>International Finance Corp.</name>
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        <title>IFC 4.25 07/02/29 GMTN</title>
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        <name>PacifiCorp.</name>
        <lei>SGY07Y7FNYBNLM6Z1M11</lei>
        <title>BRKHEC 5.3 02/15/31</title>
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        <name>Takeda Pharmaceutical Co Ltd.</name>
        <lei>549300ZLMVP4X0OGR454</lei>
        <title>TACHEM 5 11/26/28</title>
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        <name>Verizon Communications Inc.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Quebec (Province Of)</name>
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        <name>MasterCard Incorporated</name>
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        <name>AbbVie Inc.</name>
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        <name>Capital One Financial Corp.</name>
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        <name>European Investment Bank</name>
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        <name>Patterson-UTI Energy Inc.</name>
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        <name>Citizens Financial Group Inc</name>
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        <name>Pfizer Inc.</name>
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        <name>Otis Worldwide Corp.</name>
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        <name>Duke Energy Corp</name>
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        <name>American International Group Inc.</name>
        <lei>ODVCVCQG2BP6VHV36M30</lei>
        <title>AIG 4.375 06/30/50</title>
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        <name>Mylan Inc</name>
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        <title>VTRS 5.4 11/29/43</title>
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        <name>CHARTER COMMUNICATIONS OPERATING LLC</name>
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        <name>Transcontinental Gas Pipe Line Company, LLC</name>
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        <balance>40000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>HCA Inc.</name>
        <lei>L3CJ6J7LJ2DX62FTXD46</lei>
        <title>HCA 5.625 09/01/28</title>
        <cusip>404121AJ4</cusip>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>25726.50000000</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>2028-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
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      <invstOrSec>
        <name>eBay Inc.</name>
        <lei>OML71K8X303XQONU6T67</lei>
        <title>EBAY 3.65 05/10/51</title>
        <cusip>278642AZ6</cusip>
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          <isin value="US278642AZ62"/>
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        <balance>325000.00000000</balance>
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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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          <maturityDt>2051-05-10</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>GLP CAPITAL LP</name>
        <lei>2549005PXW31DRW8EC44</lei>
        <title>GLPI 4 01/15/31</title>
        <cusip>361841AQ2</cusip>
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          <isin value="US361841AQ25"/>
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        <balance>51000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>49102.47000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Fiserv Inc.</name>
        <lei>GI7UBEJLXYLGR2C7GV83</lei>
        <title>FISV 4.4 07/01/49</title>
        <cusip>337738AV0</cusip>
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          <isin value="US337738AV08"/>
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        <balance>140000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>110797.47000000</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>2049-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.40000000</annualizedRt>
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        <name>Peru (Republic Of)</name>
        <lei>254900STKLK2DBJJZ530</lei>
        <title>PERU 3.3 03/11/41</title>
        <cusip>715638DS8</cusip>
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        <balance>85000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>67113.41000000</valUSD>
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        <invCountry>PE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-03-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.30000000</annualizedRt>
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        <name>Republic Services, Inc.</name>
        <lei>NKNQHM6BLECKVOQP7O46</lei>
        <title>RSG 2.375 03/15/33</title>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.37500000</annualizedRt>
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      <invstOrSec>
        <name>Amgen Inc.</name>
        <lei>62QBXGPJ34PQ72Z12S66</lei>
        <title>AMGN 5.75 03/02/63</title>
        <cusip>031162DU1</cusip>
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        <balance>237000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2063-03-02</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Spire Missouri Inc</name>
        <lei>06LJQCOVPRXOPDHFC707</lei>
        <title>SR 3.3 06/01/51</title>
        <cusip>84859DAA5</cusip>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>3.30000000</annualizedRt>
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        <name>Qatar Energy</name>
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        <invCountry>QA</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Pacific Gas and Electric Company</name>
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        <name>Blue Owl Capital Corp.</name>
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        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FN FM9416</title>
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        <name>U.S. Bancorp.</name>
        <lei>N1GZ7BBF3NP8GI976H15</lei>
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        <name>Micron Technology Inc.</name>
        <lei>B3DXGBC8GAIYWI2Z0172</lei>
        <title>MU 5.875 02/09/33</title>
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        <name>Solventum Corp.</name>
        <lei>254900I70403OSGY4M28</lei>
        <title>SOLV 5.4 03/01/29</title>
        <cusip>83444MAP6</cusip>
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        <name>MPLX LP</name>
        <lei>5493000CZJ19CK4P3G36</lei>
        <title>MPLX 4.95 03/14/52</title>
        <cusip>55336VBT6</cusip>
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        <name>Dover Corporation</name>
        <lei>549300FMC2ALGA7N9E80</lei>
        <title>DOV 6.6 03/15/38</title>
        <cusip>260003AG3</cusip>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>56997.40000000</valUSD>
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        <name>Arch Capital Group Ltd.</name>
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        <name>United States Treasury Notes</name>
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        <name>Huntsman International LLC</name>
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        <name>Walt Disney Company</name>
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        <name>GLP CAPITAL LP</name>
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        <name>HCA Inc.</name>
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        <name>United States Treasury Notes</name>
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        <name>Hewlett Packard Enterprise Co.</name>
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        <title>HPE 6.35 10/15/45</title>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <name>Pepsico Inc</name>
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        <name>MasterCard Incorporated</name>
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        <name>American International Group Inc.</name>
        <lei>ODVCVCQG2BP6VHV36M30</lei>
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        <name>Berkshire Hathaway Finance Corporation</name>
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        <name>AT&amp;T Inc</name>
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        <name>Ford Motor Company</name>
        <lei>20S05OYHG0MQM4VUIC57</lei>
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        <name>Philippines (Republic Of)</name>
        <lei>529900RAHBALMYIJ3T08</lei>
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        <name>Voya Financial Inc</name>
        <lei>549300T065Z4KJ686G75</lei>
        <title>VOYA V4.7 01/23/48</title>
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        <name>JPMorgan Chase &amp; Co.</name>
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        <name>Citizens Financial Group Inc</name>
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        <name>Roper Technologies Inc</name>
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        <name>Arch Capital Group (U.S.) Inc.</name>
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        <name>NYU Hospitals Center</name>
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        <name>Wisconsin Power and Light Company</name>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <name>Federal Home Loan Banks</name>
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        <name>The Bank of New York Mellon Corp.</name>
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        <name>Constellation Energy Generation LLC</name>
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        <name>Berkshire Hathaway Finance Corporation</name>
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        <name>MPLX LP</name>
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        <name>WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP</name>
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        <name>Korea Development Bank</name>
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        <name>Extra Space Storage LP</name>
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        <name>Conagra Brands Inc</name>
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        <name>Boeing Co.</name>
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        <name>Apple Inc.</name>
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        <name>HCA Inc.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Phillips 66 Co.</name>
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        <name>American Honda Finance Corporation</name>
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        <name>Bank of America Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Willis North America Inc.</name>
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        <name>U.S. Bancorp.</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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          <maturityDt>2034-06-01</maturityDt>
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        <name>Anheuser-Busch InBev Worldwide Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Chevron USA Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Virginia Electric and Power Company</name>
        <lei>CQKUMNNZVDJLRYV2PT43</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>WELLTOWER OP LLC</name>
        <lei>T6IZ0MBEG5ACZDTR7D06</lei>
        <title>WELL 2.8 06/01/31</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>PLAINS ALL AMERICAN PIPELINE LP</name>
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        <title>PAA 4.7 06/15/44</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Cisco Systems, Inc.</name>
        <lei>549300LKFJ962MZ46593</lei>
        <title>CSCO 5.35 02/26/64</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Citigroup Inc.</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
        <title>C V4.658 05/24/28</title>
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        <name>Waste Management, Inc.</name>
        <lei>549300YX8JIID70NFS41</lei>
        <title>WM 4.15 07/15/49</title>
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        <name>Apollo Global Management Inc</name>
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        <title>APO 5.8 05/21/54</title>
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        <name>Southern California Edison Company</name>
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        <title>EIX 4.2 03/01/29 A</title>
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        <name>Citigroup Inc.</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
        <title>C V5.827 02/13/35</title>
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        <name>McDonald's Corp.</name>
        <lei>UE2136O97NLB5BYP9H04</lei>
        <title>MCD 4.875 12/09/45 MTN</title>
        <cusip>58013MFA7</cusip>
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        <name>MPLX LP</name>
        <lei>5493000CZJ19CK4P3G36</lei>
        <title>MPLX 2.65 08/15/30</title>
        <cusip>55336VBQ2</cusip>
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        <invCountry>US</invCountry>
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        <name>National Rural Utilities Cooperative Finance Corp.</name>
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        <name>Banco Santander SA</name>
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        <name>Universal Health Services, Inc.</name>
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        <name>Apple Inc.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Saudi Arabia (Kingdom of)</name>
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        <name>Emerson Electric Co.</name>
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        <name>Energy Transfer LP</name>
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        <name>Government National Mortgage Association</name>
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        <name>Williams Partners LP / Williams Partners Finance Corporation</name>
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        <name>Mylan Inc</name>
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        <name>Colgate-Palmolive Co.</name>
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        <name>Pfizer Inc.</name>
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        <name>Universal Health Services, Inc.</name>
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        <name>Wells Fargo &amp; Co.</name>
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        <name>United States Treasury Notes</name>
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        <name>Johnson &amp; Johnson</name>
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        <name>AXIS Specialty Finance PLC</name>
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        <name>Romania (Republic Of)</name>
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        <name>First Horizon Corporation</name>
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        <name>Bank of America Corp.</name>
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        <name>Cisco Systems, Inc.</name>
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        <name>Manufacturers &amp; Traders Trust Co.</name>
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        <name>Bio-Rad Laboratories, Inc.</name>
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        <name>BHP Billiton Finance (USA) Ltd.</name>
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        <name>Saudi Arabia (Kingdom of)</name>
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        <name>Intel Corporation</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>W.R. Berkley Corporation</name>
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        <title>WRB 4.75 08/01/44</title>
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        <name>DTE Electric Co.</name>
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        <name>ConocoPhillips Co.</name>
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        <title>COP 5.3 05/15/53</title>
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        <name>Bank of America Corp.</name>
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        <name>AvalonBay Communities, Inc.</name>
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        <name>Philip Morris International Inc.</name>
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        <title>PM 5.375 02/15/33</title>
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        <name>Shell International Finance B.V.</name>
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        <title>RDSALN 4.55 08/12/43</title>
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        <name>FEDERAL HOME LOAN BANKS</name>
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        <title>FR SD7555</title>
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        <name>Lockheed Martin Corporation</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>EQT Corporation</name>
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        <name>Republic Services, Inc.</name>
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        <name>Rio Tinto Finance (USA) Limited</name>
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        <name>Berkshire Hathaway Finance Corporation</name>
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        <name>Colombia (Republic Of)</name>
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        <name>Energy Transfer LP</name>
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        <name>Anheuser-Busch InBev Worldwide Inc.</name>
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        <name>Phillips 66 Co.</name>
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        <name>ConocoPhillips Co.</name>
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        <name>Jefferies Financial Group Inc</name>
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        <name>Duke Energy Progress LLC</name>
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        <name>Comcast Corporation</name>
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        <name>JPMorgan Chase &amp; Co.</name>
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        <name>Paychex Inc</name>
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        <name>Energy Transfer LP</name>
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        <name>Apple Inc.</name>
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        <name>Essential Utilities Inc</name>
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        <name>UDR Inc</name>
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        <name>Broadcom Inc</name>
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        <name>CVS Health Corp</name>
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        <name>Duke Energy Progress LLC</name>
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        <name>Abu Dhabi Developmental Holding Co. PJSC</name>
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        <name>United States Treasury Notes</name>
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        <name>Bank of America Corp.</name>
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        <name>Banco Santander SA</name>
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        <name>Toyota Motor Corp.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Meta Platforms Inc</name>
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        <name>Barclays PLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Wells Fargo &amp; Co.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>WELLTOWER OP LLC</name>
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        <title>WELL 4.25 04/15/28</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-04-15</maturityDt>
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        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>G2 MA8347</title>
        <cusip>36179XHY5</cusip>
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          <isin value="US36179XHY58"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Comcast Corporation</name>
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        <fairValLevel>2</fairValLevel>
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        <name>The Bank of New York Mellon Corp.</name>
        <lei>WFLLPEPC7FZXENRZV188</lei>
        <title>BK V4.706 02/01/34</title>
        <cusip>06406RBP1</cusip>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-02-01</maturityDt>
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        <name>Banco Santander SA</name>
        <lei>5493006QMFDDMYWIAM13</lei>
        <title>SANTAN V1.722 09/14/27</title>
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        <invCountry>ES</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-09-14</maturityDt>
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        <name>Duke Energy Progress LLC</name>
        <lei>0NIFZ782LS46WOC9QK20</lei>
        <title>DUK 3.45 03/15/29</title>
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        <fairValLevel>2</fairValLevel>
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        <name>The Cigna Group</name>
        <lei>549300VIWYMSIGT1U456</lei>
        <title>CI 4.375 10/15/28</title>
        <cusip>125523AH3</cusip>
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          <isin value="US125523AH38"/>
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        <balance>400000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
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        <name>JOHNSON CONTROLS INTERNATIONAL PLC</name>
        <lei>549300XQ6S1GYKGBL205</lei>
        <title>JCI 5.5 04/19/29</title>
        <cusip>477921AA8</cusip>
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        <balance>100000.00000000</balance>
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        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <name>RPM International Inc.</name>
        <lei>549300TJCKW4BRXPJ474</lei>
        <title>RPM 4.25 01/15/48</title>
        <cusip>749685AW3</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Prudential Financial, Inc.</name>
        <lei>5PRBRS5FEH7NREC8OR45</lei>
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        <name>Texas Instruments Inc.</name>
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        <title>TXN 4.9 03/14/33</title>
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        <name>Boeing Co.</name>
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        <title>BA 3.65 03/01/47</title>
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        <name>Micron Technology Inc.</name>
        <lei>B3DXGBC8GAIYWI2Z0172</lei>
        <title>MU 6.05 11/01/35</title>
        <cusip>595112CH4</cusip>
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        <name>PLAINS ALL AMERICAN PIPELINE LP</name>
        <lei>5521FA2ITF25TVH63740</lei>
        <title>PAA 3.55 12/15/29</title>
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        <name>U.S. Bancorp.</name>
        <lei>N1GZ7BBF3NP8GI976H15</lei>
        <title>USB V2.491 11/03/36</title>
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        <name>Keurig Dr Pepper Inc</name>
        <lei>DYTQ8KRTKO7Y2BVU5K74</lei>
        <title>KDP 3.2 05/01/30</title>
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        <name>United States Treasury Notes</name>
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        <name>United States Treasury Notes</name>
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        <name>Florida Power &amp; Light Co.</name>
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        <name>American Electric Power Co, Inc.</name>
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        <name>PLAINS ALL AMERICAN PIPELINE LP</name>
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        <name>Regal Rexnord Corporation</name>
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        <name>Phillips 66 Co.</name>
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        <name>John Deere Capital Corp.</name>
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        <name>HCA Inc.</name>
        <lei>L3CJ6J7LJ2DX62FTXD46</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Grupo Televisa S.A.B.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Meta Platforms Inc</name>
        <lei>BQ4BKCS1HXDV9HN80Z93</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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          <maturityDt>2041-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</annualizedRt>
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        <name>Regal Rexnord Corporation</name>
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        <title>RRX 6.3 02/15/30 *</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Bank of America Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>The Procter &amp; Gamble Co.</name>
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        <title>PG 2.85 08/11/27</title>
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        <fairValLevel>2</fairValLevel>
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        <name>United States Treasury Notes</name>
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        <title>T 3.625 09/30/30</title>
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        <issuerCat>UST</issuerCat>
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        <fairValLevel>1</fairValLevel>
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        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>G2 MA7589</title>
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        <issuerCat>USGA</issuerCat>
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        <name>Transcontinental Gas Pipe Line Company, LLC</name>
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        <title>WMB 5.4 08/15/41</title>
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        <name>Public Service Company of Colorado</name>
        <lei>5BANEF6PGSEK0SNMQF44</lei>
        <title>XEL 5.35 05/15/34</title>
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        <name>Southern California Edison Company</name>
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        <title>EIX 4.125 03/01/48 C</title>
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        <name>Union Pacific Corporation</name>
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        <title>UNP 3.7 03/01/29</title>
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        <name>Meta Platforms Inc</name>
        <lei>BQ4BKCS1HXDV9HN80Z93</lei>
        <title>META 4.95 05/15/33</title>
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        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FN BO9371</title>
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        <name>Essential Utilities Inc</name>
        <lei>549300ILTEOF3E3QY357</lei>
        <title>Essential Utilities Inc</title>
        <cusip>29670GAE2</cusip>
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        <name>Viatris Inc</name>
        <lei>254900ZZTSW7NL773X71</lei>
        <title>VTRS 4 06/22/50</title>
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        <issuerCat>CORP</issuerCat>
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        <name>Thermo Fisher Scientific Inc</name>
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        <name>Landwirtschaftliche Rentenbank</name>
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        <name>The Connecticut Light and Power Company</name>
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        <name>Bank of Montreal</name>
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        <name>Suzano Austria GmbH</name>
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        <name>AT&amp;T Inc</name>
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        <name>Home Depot Inc.</name>
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        <name>United States Treasury Notes</name>
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        <name>Jabil Inc</name>
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        <name>Paypal Holdings Inc.</name>
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        <name>Marsh &amp; McLennan Companies, Inc.</name>
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        <name>Paramount Global</name>
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        <name>Banco Santander SA</name>
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        <name>Florida Power &amp; Light Co.</name>
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        <name>Keysight Technologies, Inc.</name>
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        <name>Wells Fargo &amp; Co.</name>
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        <name>Raymond James Financial Inc.</name>
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        <name>Idaho Power Company</name>
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        <name>Viatris Inc</name>
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        <name>Federal National Mortgage Association</name>
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        <name>DELL INTERNATIONAL LLC</name>
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        <name>Duke Energy Progress LLC</name>
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        <name>Enbridge Inc.</name>
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        <name>Capital One Financial Corp.</name>
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        <name>Pfizer Inc.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Owens Corning</name>
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        <name>Gilead Sciences Inc.</name>
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        <name>National Rural Utilities Cooperative Finance Corp.</name>
        <lei>4NYF266XZC35SCTGX023</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>DELL INTERNATIONAL LLC</name>
        <lei>254900ZARLSVK41DKO78</lei>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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        <name>Visa Inc</name>
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        <title>V 0.75 08/15/27</title>
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        <curCd>USD</curCd>
        <valUSD>73928.66000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Wells Fargo &amp; Co.</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
        <title>WFC 4.15 01/24/29 MTN</title>
        <cusip>95000U2D4</cusip>
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          <isin value="US95000U2D40"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>25155.49000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-01-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.15000000</annualizedRt>
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        <name>Johnson &amp; Johnson</name>
        <lei>549300G0CFPGEF6X2043</lei>
        <title>JNJ 4.9 06/01/31</title>
        <cusip>478160CV4</cusip>
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          <isin value="US478160CV47"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>104933.80000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.90000000</annualizedRt>
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        <name>Duke Energy Indiana, LLC.</name>
        <lei>6URPHM2EAWGJ2C6ISB97</lei>
        <title>DUK 2.75 04/01/50</title>
        <cusip>26443TAC0</cusip>
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        <curCd>USD</curCd>
        <valUSD>77255.40000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.75000000</annualizedRt>
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        <name>Microchip Technology Incorporated</name>
        <lei>5493007PTFULNYZJ1R12</lei>
        <title>MCHP 5.05 03/15/29</title>
        <cusip>595017BE3</cusip>
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        <balance>446000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>458403.93000000</valUSD>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.05000000</annualizedRt>
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        <name>AT&amp;T Inc</name>
        <lei>549300Z40J86GGSTL398</lei>
        <title>T 2.55 12/01/33</title>
        <cusip>00206RMM1</cusip>
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          <isin value="US00206RMM15"/>
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        <balance>151000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.55000000</annualizedRt>
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        <name>Walmart Inc</name>
        <lei>Y87794H0US1R65VBXU25</lei>
        <title>WMT 5.25 09/01/35</title>
        <cusip>931142CB7</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <name>Verizon Communications Inc.</name>
        <lei>2S72QS2UO2OESLG6Y829</lei>
        <title>VZ 3.4 03/22/41</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-03-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.40000000</annualizedRt>
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        <name>Jefferies Financial Group Inc</name>
        <lei>549300HOF34RGOJ5YL07</lei>
        <title>JEF 6.25 01/15/36</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Medtronic, Inc.</name>
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        <title>MDT 4.375 03/15/35</title>
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        <name>Bunge Ltd Finance Corp.</name>
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        <name>Barclays PLC</name>
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        <title>BACR V7.437 11/02/33</title>
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        <name>United States Treasury Bonds</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>T 4.375 11/15/39</title>
        <cusip>912810QD3</cusip>
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        <name>Santander UK Group Holdings PLC</name>
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        <title>SANUK V2.896 03/15/32</title>
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        <name>Oracle Corp.</name>
        <lei>1Z4GXXU7ZHVWFCD8TV52</lei>
        <title>ORCL 5.55 02/06/53</title>
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        <name>Rio Tinto Alcan Inc.</name>
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        <name>Westpac Banking Corp.</name>
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        <name>DH Europe Finance II SARL</name>
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        <name>Verizon Communications Inc.</name>
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        <name>PNC Financial Services Group Inc.</name>
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        <name>AT&amp;T Inc</name>
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        <name>Principal Financial Group Inc.</name>
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        <name>Exelon Corp.</name>
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        <name>Enbridge Inc.</name>
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        <name>Kellanova</name>
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        <name>Deutsche Bank AG New York Branch</name>
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        <name>Comcast Corporation</name>
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        <name>Air Products &amp; Chemicals, Inc.</name>
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        <name>Marathon Petroleum Corp.</name>
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        <name>JPMorgan Chase &amp; Co.</name>
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        <name>Medtronic, Inc.</name>
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        <name>Home Depot Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Oracle Corp.</name>
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        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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        <name>GE Capital International Funding Company Unlimited Company</name>
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        <fairValLevel>2</fairValLevel>
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        <name>United States Treasury Notes</name>
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        <fairValLevel>1</fairValLevel>
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          <maturityDt>2035-05-15</maturityDt>
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        <name>Fidelity National Information Services Inc</name>
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        <title>FIS 2.25 03/01/31</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-03-01</maturityDt>
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        <name>Ovintiv Inc</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-05-15</maturityDt>
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          <annualizedRt>5.65000000</annualizedRt>
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        <name>The Toronto-Dominion Bank</name>
        <lei>PT3QB789TSUIDF371261</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>McDonald's Corp.</name>
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        <name>LYB International Finance III LLC</name>
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        <title>LYB 2.25 10/01/30</title>
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        <name>Public Service Electric &amp; Gas Co.</name>
        <lei>549300RUHPVD434XUK18</lei>
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        <name>Deutsche Bank AG New York Branch</name>
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        <name>FactSet Research Systems Inc.</name>
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        <title>FDS 2.9 03/01/27</title>
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        <name>Perusahaan Penerbit Surat Berharga Syariah Indonesia III</name>
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        <name>Florida Power &amp; Light Co.</name>
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        <title>NEE 5.125 06/01/41</title>
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        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FN BO1857</title>
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        <name>Unilever Capital Corporation</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Vale Canada Limited</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Fidelity National Financial, Inc.</name>
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        <name>Public Service Enterprise Group Incorporated</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Boeing Co.</name>
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        <name>MPLX LP</name>
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        <name>Home Depot Inc.</name>
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        <name>Broadridge Financial Solutions Inc.</name>
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        <title>BR 2.9 12/01/29</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Conagra Brands Inc</name>
        <lei>54930035UDEIH090K650</lei>
        <title>CAG 5.4 11/01/48</title>
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        <fairValLevel>2</fairValLevel>
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        <name>American Express Company</name>
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        <name>Visa Inc</name>
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        <name>Poland (Republic of)</name>
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        <name>Bank of America Corp.</name>
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        <name>Amgen Inc.</name>
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        <title>AMGN 5.15 03/02/28</title>
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        <name>Diageo Investment Corporation</name>
        <lei>S4G8DPIPDVCF6CB81Z61</lei>
        <title>DGELN 4.25 05/11/42</title>
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        <name>Intercontinental Exchange Inc</name>
        <lei>5493000F4ZO33MV32P92</lei>
        <title>ICE 2.65 09/15/40</title>
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        <name>Colombia (Republic Of)</name>
        <lei>549300MHDRBVRF6B9117</lei>
        <title>COLOM 5 06/15/45</title>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>CO</invCountry>
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        <name>Carlisle Companies Inc.</name>
        <lei>XR64VGX1ZPX6G7ZN7Z11</lei>
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        <name>Energy Transfer LP</name>
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        <name>Boeing Co.</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Abu Dhabi (Emirate of)</name>
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        <name>Boeing Co.</name>
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        <name>Walt Disney Company</name>
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        <name>Entergy Louisiana LLC</name>
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        <name>American Express Company</name>
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        <name>AEP Transmission Company, LLC</name>
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        <name>Oracle Corp.</name>
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        <name>Bank of America Corp.</name>
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        <name>AstraZeneca Finance LLC</name>
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        <name>Intercontinental Exchange Inc</name>
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        <name>Energy Transfer LP</name>
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        <name>Ford Motor Credit Company LLC</name>
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        <name>Government National Mortgage Association</name>
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        <name>Cardinal Health, Inc.</name>
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        <name>The Bank of New York Mellon Corp.</name>
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        <name>Energy Transfer LP</name>
        <lei>MTLVN9N7JE8MIBIJ1H73</lei>
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        <name>Pepsico Inc</name>
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        <name>Union Pacific Corporation</name>
        <lei>549300LMMRSZZCZ8CL11</lei>
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        <name>Microsoft Corp.</name>
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        <name>Comcast Corporation</name>
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        <name>The Procter &amp; Gamble Co.</name>
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        <name>Apple Inc.</name>
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        <name>Nokia Corp</name>
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        <name>Duke Energy Florida LLC</name>
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        <name>HCA Inc.</name>
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        <name>eBay Inc.</name>
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        <name>ORIX Corp.</name>
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        <name>State Street Corp.</name>
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        <name>The Procter &amp; Gamble Co.</name>
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        <name>Energy Transfer LP</name>
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        <name>Public Service Electric &amp; Gas Co.</name>
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        <name>Chevron USA Inc</name>
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        <name>Elevance Health Inc.</name>
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        <name>Bristol-Myers Squibb Company</name>
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        <name>NNN REIT Inc</name>
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        <name>NetApp Inc.</name>
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        <name>Citigroup Inc.</name>
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        <name>Exelon Corp.</name>
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        <name>Starbucks Corp.</name>
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        <name>Sands China Ltd.</name>
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        <name>AstraZeneca Finance LLC</name>
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        <name>State Street Corp.</name>
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        <name>Lloyds Banking Group PLC</name>
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        <name>Boeing Co.</name>
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        <name>Capital One Financial Corp.</name>
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        <name>Amgen Inc.</name>
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        <name>Coca-Cola Co (The)</name>
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        <name>Louisville Gas and Electric Company</name>
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        <name>Sharjah (Government of)</name>
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        <name>Comcast Corporation</name>
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        <name>CVS Health Corp</name>
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        <name>Equinor ASA</name>
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        <name>Vulcan Materials Company</name>
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        <name>Elevance Health Inc.</name>
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        <name>Ford Motor Credit Company LLC</name>
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        <name>United States Treasury Bonds</name>
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        <name>Chile (Republic Of)</name>
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        <name>JPMorgan Chase &amp; Co.</name>
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        <name>Equinix, Inc.</name>
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        <name>Oracle Corp.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Oracle Corp.</name>
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        <name>ORIX Corp.</name>
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        <name>ERP Operating Limited Partnership</name>
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        <name>Ingersoll Rand Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Emerson Electric Co.</name>
        <lei>FGLT0EWZSUIRRITFOA30</lei>
        <title>EMR 1.95 10/15/30</title>
        <cusip>291011BN3</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Nevada Power Company</name>
        <lei>MJZFGXRJ52U8U4MKJ519</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.45000000</annualizedRt>
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        <name>Kimberly-Clark Corporation</name>
        <lei>MP3J6QPYPGN75NVW2S34</lei>
        <title>KMB 6.625 08/01/37</title>
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          <isin value="US494368BC63"/>
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        <balance>125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>145188.81000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</annualizedRt>
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        <name>Indonesia (Republic of)</name>
        <lei>529900FWX0GRR7WG5W79</lei>
        <title>INDON 4.85 01/11/33</title>
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          <isin value="US455780DR40"/>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>ID</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-01-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.85000000</annualizedRt>
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        <name>International Finance Corp.</name>
        <lei>QKL54NQY28TCDAI75F60</lei>
        <title>IFC 0.75 10/08/26 GMTN</title>
        <cusip>45950KCX6</cusip>
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        <issuerCat>NUSS</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-10-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.75000000</annualizedRt>
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        <name>Honeywell International Inc.</name>
        <lei>ISRPG12PN4EIEOEMW547</lei>
        <title>HON 4.25 01/15/29</title>
        <cusip>438516CL8</cusip>
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          <isin value="US438516CL85"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>50636.43000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>G2 MA5933</title>
        <cusip>36179USW3</cusip>
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          <isin value="US36179USW35"/>
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        <valUSD>21741.66000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-05-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
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        <cusip>21H022630</cusip>
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          <isin value="US21H0226306"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2648437.50000000</valUSD>
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        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.50000000</annualizedRt>
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        <name>Boeing Co.</name>
        <lei>RVHJWBXLJ1RFUBSY1F30</lei>
        <title>BA 5.93 05/01/60</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2060-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.93000000</annualizedRt>
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        <name>Targa Resources Corp.</name>
        <lei>5493003QENHHS261UR94</lei>
        <title>TRGP 6.15 03/01/29</title>
        <cusip>87612GAE1</cusip>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.15000000</annualizedRt>
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        <name>Perusahaan Penerbit Surat Berharga Syariah Indonesia III</name>
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        <title>INDOIS 4.55 03/29/26 144A</title>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-03-29</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.55000000</annualizedRt>
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        <name>Novartis Capital Corporation</name>
        <lei>5493002KF87V5RSRQS84</lei>
        <title>NOVNVX 4 11/20/45</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-11-20</maturityDt>
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        <name>HSBC Holdings PLC</name>
        <lei>MLU0ZO3ML4LN2LL2TL39</lei>
        <title>HSBC V5.21 08/11/28</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-08-11</maturityDt>
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        <name>The University Of Chicago</name>
        <lei>54930099Y7GU6182V326</lei>
        <title>UNICHI 2.761 04/01/45 20B</title>
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        <name>Anheuser-Busch InBev Worldwide Inc.</name>
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        <title>ABIBB 3.5 06/01/30</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

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        <name>AERCAP IRELAND CAPITAL DAC</name>
        <lei>549300TI38531ODB1G63</lei>
        <title>AER 6.1 01/15/27</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
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          <maturityDt>2027-01-15</maturityDt>
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        <name>Home Depot Inc.</name>
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        <name>Ontario (Province Of)</name>
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        <name>Xylem, Inc.</name>
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        <name>AON GLOBAL LTD</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Entergy Louisiana LLC</name>
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        <name>Deutsche Telekom International Finance B.V.</name>
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        <name>Energy Transfer LP</name>
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        <name>Zimmer Biomet Holdings Inc</name>
        <lei>2P2YLDVPES3BXQ1FRB91</lei>
        <title>ZBH 4.45 08/15/45</title>
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        <name>Mizuho Financial Group Inc.</name>
        <lei>353800CI5L6DDAN5XZ33</lei>
        <title>MIZUHO V2.591 05/25/31</title>
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        <invCountry>JP</invCountry>
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        <name>Arizona Public Service Company</name>
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        <title>PNW 3.5 12/01/49</title>
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        <name>Targa Resources Corp.</name>
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        <name>United States Treasury Bonds</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>T 2.75 08/15/42</title>
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        <name>Qatar (State of)</name>
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        <name>Jefferies Financial Group Inc</name>
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        <name>Starbucks Corp.</name>
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        <name>Canadian Pacific Railway Company</name>
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        <title>CP 2.45 12/02/31</title>
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        <name>Reinsurance Group of America, Incorporated</name>
        <lei>LORM1GNEU1DKEW527V90</lei>
        <title>RGA 3.9 05/15/29</title>
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        <name>Intel Corporation</name>
        <lei>KNX4USFCNGPY45LOCE31</lei>
        <title>INTC 3.25 11/15/49</title>
        <cusip>458140BJ8</cusip>
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        <name>Oracle Corp.</name>
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        <name>McDonald's Corp.</name>
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        <name>Laboratory Corporation of America Holdings</name>
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        <name>General Motors Company</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Amazon.com, Inc.</name>
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        <name>Baker Hughes Holdings LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Federal National Mortgage Association</name>
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          <maturityDt>2049-12-01</maturityDt>
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        <name>Home Depot Inc.</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>3.30000000</annualizedRt>
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        <name>Government National Mortgage Association</name>
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        <fairValLevel>2</fairValLevel>
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        <name>United States Treasury Bonds</name>
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        <title>T 4.625 02/15/55</title>
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        <name>Spectra Energy Partners, LP</name>
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        <name>Intel Corporation</name>
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        <title>INTC 2.45 11/15/29</title>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <name>RTX Corp.</name>
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        <title>RTX 4.625 11/16/48</title>
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        <name>ING Groep N.V.</name>
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        <name>Thermo Fisher Scientific Inc</name>
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        <name>United States Treasury Bonds</name>
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        <name>Ecolab Inc.</name>
        <lei>82DYEISM090VG8LTLS26</lei>
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        <name>Bank of Montreal</name>
        <lei>NQQ6HPCNCCU6TUTQYE16</lei>
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        <invCountry>CA</invCountry>
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        <name>Honeywell International Inc.</name>
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        <name>NSTAR Electric Company</name>
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        <name>NSTAR Electric Company</name>
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        <name>Federal National Mortgage Association</name>
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        <name>United States Treasury Notes</name>
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        <name>Verizon Communications Inc.</name>
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        <name>Commonwealth Edison Company</name>
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        <name>Microsoft Corp.</name>
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        <name>Capital One Financial Corp.</name>
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        <name>Agilent Technologies Inc.</name>
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        <title>A 2.75 09/15/29</title>
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        <name>Targa Resources Corp.</name>
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        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FN FM8496</title>
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        <name>Southern Copper Corporation</name>
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        <name>Barclays PLC</name>
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        <name>Brookfield Finance Inc.</name>
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        <name>Novartis Capital Corporation</name>
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        <name>United States Treasury Bonds</name>
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        <name>SUNOCO LOGISTICS PARTNERS OPERATIONS LP</name>
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        <name>United States Treasury Bonds</name>
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        <name>Visa Inc</name>
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        <name>Intel Corporation</name>
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        <name>Invitation Homes Operating Partnership Lp</name>
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        <name>General Motors Financial Company Inc</name>
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        <name>Realty Income Corporation</name>
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        <name>Indonesia (Republic of)</name>
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        <name>Sands China Ltd.</name>
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        <name>United States Treasury Bonds</name>
        <lei>254900HROIFWPRGM1V77</lei>
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        <name>Hubbell Incorporated</name>
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        <name>Mexico (United Mexican States)</name>
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        <name>Microsoft Corp.</name>
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        <name>AbbVie Inc.</name>
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        <name>AbbVie Inc.</name>
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        <name>Quanta Services, Inc.</name>
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        <name>Ally Financial Inc.</name>
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        <name>Toyota Motor Credit Corp.</name>
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        <name>Public Service Electric &amp; Gas Co.</name>
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        <name>Enstar Finance Llc</name>
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        <name>Cenovus Energy Inc</name>
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        <name>Cooperatieve Rabobank U.A.</name>
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        <name>American Water Capital Corp</name>
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        <name>Dow Chemical Co. (The)</name>
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        <name>Westpac Banking Corp.</name>
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        <name>Camden Property Trust</name>
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        <name>United States Treasury Notes</name>
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        <name>Southern Company Gas Capital Corp.</name>
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        <name>Morgan Stanley</name>
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        <name>Wisconsin Electric Power Company</name>
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        <name>United States Treasury Notes</name>
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        <name>McDonald's Corp.</name>
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        <name>Humana Inc.</name>
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        <name>Ally Financial Inc.</name>
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        <name>Bank of Nova Scotia</name>
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        <name>B.A.T. Capital Corporation</name>
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        <name>Valero Energy Corp.</name>
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        <name>International Bank for Reconstruction &amp; Development</name>
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        <name>Cheniere Corpus Christi Holdings, LLC</name>
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        <name>Constellation Brands, Inc.</name>
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        <title>STZ 4.75 05/09/32</title>
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        <name>Bristol-Myers Squibb Company</name>
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        <name>Molson Coors Beverage Company</name>
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        <title>TAP 4.2 07/15/46</title>
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        <name>American Water Capital Corp</name>
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        <name>Equifax Inc.</name>
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        <title>EFX 2.35 09/15/31</title>
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        <name>JPMorgan Chase &amp; Co.</name>
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        <name>Occidental Petroleum Corp.</name>
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        <title>OXY 6.625 09/01/30</title>
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        <name>Affiliated Managers Group, Inc.</name>
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        <name>Deere &amp; Company</name>
        <lei>PWFTNG3EI0Y73OXWDH08</lei>
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        <name>Perusahaan Penerbit Surat Berharga Syariah Indonesia III</name>
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        <name>Bristol-Myers Squibb Company</name>
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        <name>Consolidated Edison Company of New York, Inc.</name>
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        <name>General Motors Financial Company Inc</name>
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        <name>Pepsico Inc</name>
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        <name>Norfolk Southern Corporation</name>
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        <name>The Toronto-Dominion Bank</name>
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        <name>Broadcom Inc</name>
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        <name>Kinder Morgan, Inc.</name>
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        <name>Abbott Laboratories</name>
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        <name>Verizon Communications Inc.</name>
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        <name>American Financial Group, Inc.</name>
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        <name>Exelon Corp.</name>
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        <name>Dupont De Nemours Inc</name>
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        <name>Pfizer Inc.</name>
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        <name>Valero Energy Corp.</name>
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        <name>Corning Incorporated</name>
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        <name>Paypal Holdings Inc.</name>
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        <name>Comcast Corporation</name>
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        <name>United States Treasury Bonds</name>
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        <name>Toyota Motor Credit Corp.</name>
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        <name>O'Reilly Automotive Inc.</name>
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        <name>Inter-American Development Bank</name>
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        <name>Apple Inc.</name>
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        <name>Exxon Mobil Corp.</name>
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        <name>Lowes Companies, Inc.</name>
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        <name>HSBC Holdings PLC</name>
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        <name>American Express Company</name>
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        <name>Atmos Energy Corp.</name>
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        <name>Exxon Mobil Corp.</name>
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        <name>DTE Electric Co.</name>
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        <name>Trane Technologies HoldCo Inc.</name>
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        <name>Oneok Inc.</name>
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        <name>General Motors Financial Company Inc</name>
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        <name>Comcast Corporation</name>
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        <name>Royal Bank of Canada</name>
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        <name>Government National Mortgage Association</name>
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        <name>Stryker Corporation</name>
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        <name>Cheniere Corpus Christi Holdings, LLC</name>
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        <name>Southern Co.</name>
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        <name>Amazon.com, Inc.</name>
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        <name>Telefonica Emisiones S.A.U.</name>
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        <name>Government National Mortgage Association</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Oracle Corp.</name>
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        <name>Mexico (United Mexican States)</name>
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        <name>McCormick &amp; Company, Incorporated</name>
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        <name>Sumitomo Mitsui Financial Group Inc.</name>
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        <name>United States Treasury Bonds</name>
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        <name>Oracle Corp.</name>
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        <name>Honda Motor Co Ltd.</name>
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        <name>Canadian Imperial Bank of Commerce</name>
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        <name>Bank of America Corp.</name>
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        <name>Oneok Partners Lp</name>
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        <name>United States Treasury Notes</name>
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        <name>Oneok Inc.</name>
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        <name>Bank of Montreal</name>
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        <name>Illinois Tool Works Inc.</name>
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        <name>Government National Mortgage Association</name>
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        <name>Bank of America Corp.</name>
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        <name>Archer-Daniels-Midland Co.</name>
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        <name>Evergy Metro Inc.</name>
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        <name>The Procter &amp; Gamble Co.</name>
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        <name>General Motors Financial Company Inc</name>
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        <title>GM 2.4 04/10/28</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-04-10</maturityDt>
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        <name>United States Treasury Notes</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>T 4.125 01/31/27</title>
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        <name>Citibank, N.A.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Ingredion Incorporated</name>
        <lei>PKSTQ48QDN0XSVS7YK88</lei>
        <title>INGR 6.625 04/15/37</title>
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          <isin value="US219023AC21"/>
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        <balance>50000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</annualizedRt>
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        <name>Hormel Foods Corp</name>
        <lei>MSD54751OJP1FS2ND863</lei>
        <title>HRL 3.05 06/03/51</title>
        <cusip>440452AJ9</cusip>
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        <balance>10000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-06-03</maturityDt>
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          <annualizedRt>3.05000000</annualizedRt>
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        <name>Cintas Corporation No. 2</name>
        <lei>549300QVUQTTKMTE0G41</lei>
        <title>CTAS 4 05/01/32</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>American Tower Corporation</name>
        <lei>5493006ORUSIL88JOE18</lei>
        <title>AMT 3.95 03/15/29</title>
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        <name>NiSource Inc.</name>
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        <title>NI V6.95 11/30/54</title>
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        <name>AstraZeneca Finance LLC</name>
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        <name>SUNCOR ENERGY INC</name>
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        <title>SUCN 6.85 06/01/39</title>
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        <name>Canadian Natural Resources Limited</name>
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        <title>CNQCN 6.25 03/15/38</title>
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        <name>United States Treasury Notes</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>T 4.25 01/31/30</title>
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        <name>Fifth Third Bancorp</name>
        <lei>THRNG6BD57P9QWTQLG42</lei>
        <title>FITB 2.55 05/05/27</title>
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        <name>MetLife Inc.</name>
        <lei>C4BXATY60WC6XEOZDX54</lei>
        <title>MET 4.125 08/13/42</title>
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        <name>Empresa de Transporte de Pasajeros Metro S.A.</name>
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        <name>McDonald's Corp.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Poland (Republic of)</name>
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        <name>Bank of Nova Scotia</name>
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        <name>B.A.T. Capital Corporation</name>
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        <name>The J M Smucker Company</name>
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        <name>The Allstate Corporation</name>
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        <name>Alabama Power Co.</name>
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        <name>United States Treasury Bonds</name>
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        <name>Oracle Corp.</name>
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        <name>Comcast Corporation</name>
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        <name>Costco Wholesale Corporation</name>
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        <name>California Institute of Technology</name>
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        <name>PNC Financial Services Group Inc.</name>
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        <name>MetLife Inc.</name>
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        <name>Southern Co.</name>
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        <name>T-Mobile USA, Inc.</name>
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        <name>Government National Mortgage Association</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Paramount Global</name>
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        <name>JOHNSON CONTROLS INTERNATIONAL PLC</name>
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        <name>Petroleos Mexicanos Sa De CV</name>
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        <name>Corning Incorporated</name>
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        <name>RTX Corp.</name>
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        <name>Atmos Energy Corp.</name>
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        <title>T 4.75 11/15/43</title>
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        <name>Mizuho Financial Group Inc.</name>
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        <name>Wisconsin Electric Power Company</name>
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        <name>Revvity Inc</name>
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        <name>NVIDIA Corp.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>United States Treasury Notes</name>
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        <name>Poland (Republic of)</name>
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        <name>NiSource Inc.</name>
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        <name>Morgan Stanley</name>
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        <name>Regions Financial Corporation</name>
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        <name>Quest Diagnostics Incorporated</name>
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        <name>HP Inc</name>
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        <name>Regency Centers, L.P.</name>
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        <name>PNC Financial Services Group Inc.</name>
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        <name>Paramount Global</name>
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        <name>Mitsubishi UFJ Financial Group Inc.</name>
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        <name>Archer-Daniels-Midland Co.</name>
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        <name>Oracle Corp.</name>
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        <name>Safehold GL Holdings LLC</name>
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        <name>T-Mobile USA, Inc.</name>
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        <name>Best Buy Co Inc.</name>
        <lei>HL5XPTVRV0O8TUN5LL90</lei>
        <title>BBY 4.45 10/01/28</title>
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        <name>Yale University</name>
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        <name>Honeywell International Inc.</name>
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        <title>HON 2.7 08/15/29</title>
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        <name>General Motors Company</name>
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        <name>Pilgrims Pride Corporation</name>
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        <name>Cheniere Energy Inc</name>
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        <name>CDW LLC</name>
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        <name>Costco Wholesale Corporation</name>
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        <name>Berkshire Hathaway Energy Company</name>
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        <name>Entergy Arkansas LLC</name>
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        <name>Yale University</name>
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        <name>Export-Import Bank of Korea</name>
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        <name>NSTAR Electric Company</name>
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        <name>Pfizer Inc.</name>
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        <name>Truist Financial Corp.</name>
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        <name>Pilgrims Pride Corporation</name>
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        <name>Comcast Corporation</name>
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        <name>FEDERAL HOME LOAN MORTGAGE CORP</name>
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        <name>Barclays PLC</name>
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        <name>Oracle Corp.</name>
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        <name>JPMorgan Chase &amp; Co.</name>
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        <name>Revvity Inc</name>
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        <name>Southern Company Gas Capital Corp.</name>
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        <name>TotalEnergies Capital International S.A.</name>
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        <name>Colombia (Republic Of)</name>
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        <name>Paccar Financial Corp</name>
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        <name>Fidelity National Information Services Inc</name>
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        <name>Atmos Energy Corp.</name>
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        <name>CDW LLC</name>
        <lei>549300RU2J599RPFD076</lei>
        <title>CDW 5.1 03/01/30</title>
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      <invstOrSec>
        <name>Truist Financial Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Oracle Corp.</name>
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        <name>U.S. Bancorp.</name>
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        <name>Axis Specialty Finance LLC</name>
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          <maturityDt>2029-07-15</maturityDt>
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        <name>Federal National Mortgage Association</name>
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        <name>Apple Inc.</name>
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          <maturityDt>2061-08-05</maturityDt>
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        <name>Abbott Laboratories</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-04-01</maturityDt>
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        <name>CHARTER COMMUNICATIONS OPERATING LLC</name>
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        <title>CHTR 6.384 10/23/35</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-10-23</maturityDt>
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        <name>Pilgrims Pride Corporation</name>
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        <name>Diamondback Energy Inc</name>
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        <title>FANG 5.9 04/18/64</title>
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        <name>The Toronto-Dominion Bank</name>
        <lei>PT3QB789TSUIDF371261</lei>
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        <name>Berkshire Hathaway Energy Company</name>
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        <name>Intel Corporation</name>
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        <title>INTC 5.625 02/10/43</title>
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        <name>Principal Financial Group Inc.</name>
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        <name>Florida Power &amp; Light Co.</name>
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        <title>NEE 5 08/01/34</title>
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        <name>State Street Corp.</name>
        <lei>549300ZFEEJ2IP5VME73</lei>
        <title>STT V5.684 11/21/29</title>
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        <name>U.S. Bancorp.</name>
        <lei>N1GZ7BBF3NP8GI976H15</lei>
        <title>USB V5.775 06/12/29</title>
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        <name>PNC Financial Services Group Inc.</name>
        <lei>CFGNEKW0P8842LEUIA51</lei>
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      <invstOrSec>
        <name>HSBC Holdings PLC</name>
        <lei>MLU0ZO3ML4LN2LL2TL39</lei>
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        <valUSD>381053.20000000</valUSD>
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        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-03-31</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Broadcom Inc</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-02-15</maturityDt>
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        <name>Albemarle Corp</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-06-01</maturityDt>
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        <name>United States Treasury Notes</name>
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        <title>T 3.875 04/30/30</title>
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          <isin value="US91282CMZ13"/>
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        <balance>3113500.00000000</balance>
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        <fairValLevel>1</fairValLevel>
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          <maturityDt>2030-04-30</maturityDt>
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          <annualizedRt>3.87500000</annualizedRt>
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        <name>DTE Electric Co.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-04-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Asian Development Bank</name>
        <lei>549300X0MVH42CY8Q105</lei>
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        <balance>450000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>446387.85000000</valUSD>
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          <maturityDt>2027-01-12</maturityDt>
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          <annualizedRt>2.62500000</annualizedRt>
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        <name>United States Treasury Bonds</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>T 4.25 08/15/54</title>
        <cusip>912810UC0</cusip>
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          <maturityDt>2054-08-15</maturityDt>
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        <name>NVIDIA Corp.</name>
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        <title>NVDA 2 06/15/31</title>
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          <maturityDt>2031-06-15</maturityDt>
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          <annualizedRt>2.00000000</annualizedRt>
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        <name>Government National Mortgage Association</name>
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        <title>G2 MA6660</title>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Mexico (United Mexican States)</name>
        <lei>254900EGTWEU67VP6075</lei>
        <title>MEX 4.75 03/08/44 MTN</title>
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        <invCountry>MX</invCountry>
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        <name>Prologis, L.P.</name>
        <lei>GL16H1DHB0QSHP25F723</lei>
        <title>PLD 2.25 04/15/30</title>
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        <name>Constellation Brands, Inc.</name>
        <lei>5493005GKEG8QCVY7037</lei>
        <title>STZ 3.15 08/01/29</title>
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        <name>Spire Inc</name>
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        <title>SR 4.7 08/15/44</title>
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        <name>Citigroup Inc.</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
        <title>C V3.887 01/10/28</title>
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        <name>Indonesia (Republic of)</name>
        <lei>529900FWX0GRR7WG5W79</lei>
        <title>INDON 3.55 03/31/32</title>
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        <invCountry>ID</invCountry>
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        <name>Jefferies Financial Group Inc</name>
        <lei>549300HOF34RGOJ5YL07</lei>
        <title>JEF 4.85 01/15/27</title>
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        <issuerCat>CORP</issuerCat>
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          <maturityDt>2027-01-15</maturityDt>
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        <name>Exelon Corp.</name>
        <lei>3SOUA6IRML7435B56G12</lei>
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        <name>United States Treasury Notes</name>
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        <name>Citigroup Inc.</name>
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        <name>United States Treasury Bonds</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>T 4.375 02/15/38</title>
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          <maturityDt>2038-02-15</maturityDt>
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        <name>GE Aerospace</name>
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        <name>TotalEnergies Capital International S.A.</name>
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        <title>TTEFP 3.455 02/19/29</title>
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        <name>Intel Corporation</name>
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        <title>INTC 4.875 02/10/28</title>
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        <name>Rogers Communications Inc.</name>
        <lei>5493000M6Z4XFIP6PF03</lei>
        <title>RCICN 5.3 02/15/34</title>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Bristol-Myers Squibb Company</name>
        <lei>HLYYNH7UQUORYSJQCN42</lei>
        <title>BMY 1.45 11/13/30</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Canadian National Railway Company</name>
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        <name>Paramount Global</name>
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        <name>JPMorgan Chase &amp; Co.</name>
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        <name>Duke Energy Carolinas LLC</name>
        <lei>MWIUSDMN17TCR56VW396</lei>
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        <name>Johnson &amp; Johnson</name>
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        <name>United States Treasury Notes</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>T 0.375 07/31/27</title>
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        <name>CSX Corporation</name>
        <lei>549300JVQR4N1MMP3Q88</lei>
        <title>CSX 4.1 11/15/32</title>
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        <name>Apple Inc.</name>
        <lei>HWUPKR0MPOU8FGXBT394</lei>
        <title>AAPL 4 05/12/28</title>
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        <name>Southern Co.</name>
        <lei>549300FC3G3YU2FBZD92</lei>
        <title>SO 4.4 07/01/46</title>
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        <assetCat>DBT</assetCat>
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        <name>Constellation Brands, Inc.</name>
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        <name>Intel Corporation</name>
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        <name>United States Treasury Notes</name>
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        <name>Government National Mortgage Association</name>
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        <name>The Allstate Corporation</name>
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        <name>Comcast Corporation</name>
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        <name>Saudi Arabian Oil Company</name>
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        <name>Broadcom Inc</name>
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        <name>Target Corp.</name>
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        <name>Oklahoma Gas and Electric Company</name>
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        <name>HEALTHPEAK OP LLC</name>
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        <name>Saudi Arabian Oil Company</name>
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        <name>The J M Smucker Company</name>
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        <name>Shell Finance US Inc.</name>
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        <name>Eli Lilly &amp; Co.</name>
        <lei>FRDRIPF3EKNDJ2CQJL29</lei>
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        <name>DTE Electric Co.</name>
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        <name>Pacific Gas and Electric Company</name>
        <lei>1HNPXZSMMB7HMBMVBS46</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Amazon.com, Inc.</name>
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        <name>Jacobs Engineering Group Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Export-Import Bank of Korea</name>
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        <issuerCat>NUSS</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>KIMCO REALTY OP LLC</name>
        <lei>549300EA7I6T15IBYS12</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Amazon.com, Inc.</name>
        <lei>ZXTILKJKG63JELOEG630</lei>
        <title>AMZN 1.5 06/03/30</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Energy Transfer LP</name>
        <lei>MTLVN9N7JE8MIBIJ1H73</lei>
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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>The Bank of New York Mellon Corp.</name>
        <lei>WFLLPEPC7FZXENRZV188</lei>
        <title>BK V4.942 02/11/31</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-02-11</maturityDt>
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        <name>Oneok Inc.</name>
        <lei>2T3D6M0JSY48PSZI1Q41</lei>
        <title>OKE 3.4 09/01/29</title>
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        <name>Panama (Republic of)</name>
        <lei>549300SHS4T08CL0LP14</lei>
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        <name>Caterpillar Inc</name>
        <lei>WRJR7GS4GTRECRRTVX92</lei>
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        <name>CSX Corporation</name>
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        <title>CSX 4.5 11/15/52</title>
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        <name>PartnerRe Finance B LLC</name>
        <lei>549300O0FAGHK2F79881</lei>
        <title>PRE V4.5 10/01/50</title>
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        <name>Broadcom Inc</name>
        <lei>549300WV6GIDOZJTV909</lei>
        <title>AVGO 3.469 04/15/34</title>
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        <name>KeyCorp</name>
        <lei>RKPI3RZGV1V1FJTH5T61</lei>
        <title>KEY V6.401 03/06/35</title>
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        <name>The Cigna Group</name>
        <lei>549300VIWYMSIGT1U456</lei>
        <title>CI 3.4 03/15/51</title>
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        <name>Oncor Electric Delivery Company LLC</name>
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        <name>Comcast Corporation</name>
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        <name>Target Corp.</name>
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        <name>Bank of America Corp.</name>
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        <name>Keyspan Corp</name>
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        <name>The Sherwin-Williams Company</name>
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        <name>L3 Harris Technologies Inc</name>
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        <name>Consumers Energy Company</name>
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        <name>Indonesia (Republic of)</name>
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        <name>Masco Corporation</name>
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        <name>Eli Lilly &amp; Co.</name>
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        <name>Alexandria Real Estate Equities, Inc.</name>
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        <name>PartnerRe Finance B LLC</name>
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        <name>CNO Financial Group, Inc.</name>
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        <name>Amazon.com, Inc.</name>
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        <name>Apple Inc.</name>
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        <name>Lennar Corp.</name>
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        <name>AT&amp;T Inc</name>
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        <name>W. P. Carey Inc</name>
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        <name>UnitedHealth Group Inc.</name>
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        <name>Shell Finance US Inc.</name>
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        <name>Energy Transfer LP</name>
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        <name>CHARTER COMMUNICATIONS OPERATING LLC</name>
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        <name>General Motors Financial Company Inc</name>
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        <name>Burlington Northern Santa Fe LLC</name>
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        <name>Comcast Corporation</name>
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        <name>American Airlines Pass Through Trust 2016-3A</name>
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        <title>AAL 3 10/15/28</title>
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        <name>PacifiCorp.</name>
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        <name>Altria Group, Inc.</name>
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        <name>Visa Inc</name>
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        <name>Walmart Inc</name>
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        <name>Centene Corp.</name>
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        <name>Mexico (United Mexican States)</name>
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        <name>Pepsico Inc</name>
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        <name>Vodafone Group PLC</name>
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        <name>Texas Instruments Inc.</name>
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        <name>MetLife Inc.</name>
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        <name>Bank of America Corp.</name>
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        <name>Government National Mortgage Association</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Trimble Inc</name>
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        <name>Anheuser-Busch InBev Finance Inc.</name>
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        <name>International Business Machines Corp.</name>
        <lei>VGRQXHF3J8VDLUA7XE92</lei>
        <title>IBM 4.8 02/10/30 ..</title>
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        <name>Kraft Heinz Foods Company</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Rogers Communications Inc.</name>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <name>Kinder Morgan Energy Partners LP</name>
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        <name>Altria Group, Inc.</name>
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        <name>Public Service Company of New Hampshire</name>
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        <name>Toll Brothers Finance Corp.</name>
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        <name>Comcast Corporation</name>
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        <name>Hess Corporation</name>
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        <name>Southern California Edison Company</name>
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        <name>Intuit Inc</name>
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        <name>Alphabet Inc.</name>
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        <name>Walmart Inc</name>
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        <name>Oneok Inc.</name>
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        <name>FedEx Corporation</name>
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        <name>CSX Corporation</name>
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        <name>MDC HOLDINGS INC</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>BP Capital Markets PLC</name>
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        <name>PLAINS ALL AMERICAN PIPELINE LP</name>
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        <name>Berkshire Hathaway Inc.</name>
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        <name>Enterprise Products Operating LLC</name>
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        <name>Illumina Inc</name>
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        <name>Biogen Inc</name>
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        <name>Hess Corporation</name>
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        <name>Bristol-Myers Squibb Company</name>
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        <name>Hasbro Inc</name>
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        <name>Bank of America Corp.</name>
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        <name>Wells Fargo &amp; Co.</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
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        <name>Federal National Mortgage Association</name>
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        <name>TransCanada Trust</name>
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        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FN CA8678</title>
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        <name>American Electric Power Co, Inc.</name>
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        <name>Duke Energy Corp</name>
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        <name>African Development Bank</name>
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        <name>United States Treasury Notes</name>
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        <name>Adobe Inc</name>
        <lei>FU4LY2G4933NH2E1CP29</lei>
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        <name>Halliburton Company</name>
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        <name>JPMorgan Chase &amp; Co.</name>
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        <name>Fifth Third Bancorp</name>
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        <name>Bank of America Corp.</name>
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        <name>Travelers Companies, Inc.</name>
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        <name>Pepsico Inc</name>
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        <name>Brighthouse Financial Inc.</name>
        <lei>5493003T8SZSHOGGAW52</lei>
        <title>BHF 4.7 06/22/47</title>
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        <name>Apple Inc.</name>
        <lei>HWUPKR0MPOU8FGXBT394</lei>
        <title>AAPL 2.65 05/11/50</title>
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        <name>Dominion Energy South Carolina Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Intuit Inc</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>CHARTER COMMUNICATIONS OPERATING LLC</name>
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        <balance>136000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-04-01</maturityDt>
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        <name>General Dynamics Corporation</name>
        <lei>9C1X8XOOTYY2FNYTVH06</lei>
        <title>GD 3.625 04/01/30</title>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-04-01</maturityDt>
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        <name>Fortive Corporation</name>
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        <title>FTV 4.3 06/15/46</title>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-06-15</maturityDt>
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          <annualizedRt>4.30000000</annualizedRt>
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        <name>Johnson &amp; Johnson</name>
        <lei>549300G0CFPGEF6X2043</lei>
        <title>JNJ 6.95 09/01/29</title>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>55419.25000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.95000000</annualizedRt>
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        <name>Apple Inc.</name>
        <lei>HWUPKR0MPOU8FGXBT394</lei>
        <title>AAPL 1.25 08/20/30</title>
        <cusip>037833DY3</cusip>
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        <curCd>USD</curCd>
        <valUSD>89933.10000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-08-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.25000000</annualizedRt>
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        <name>Bank of America Corp.</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
        <title>BAC V4.244 04/24/38</title>
        <cusip>06051GGM5</cusip>
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        <balance>394000.00000000</balance>
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        <valUSD>371050.88000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-04-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.24400000</annualizedRt>
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        <name>United States Treasury Notes</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>T 3.5 10/15/28</title>
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        <valUSD>963769.89000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <maturityDt>2028-10-15</maturityDt>
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          <annualizedRt>3.50000000</annualizedRt>
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        <name>Brighthouse Financial Inc.</name>
        <lei>5493003T8SZSHOGGAW52</lei>
        <title>BHF 5.625 05/15/30</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Elevance Health Inc.</name>
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        <title>ELV 2.55 03/15/31</title>
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        <name>Johnson &amp; Johnson</name>
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        <title>JNJ 1.3 09/01/30</title>
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        <name>Union Pacific Corporation</name>
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        <name>Gilead Sciences Inc.</name>
        <lei>549300WTZWR07K8MNV44</lei>
        <title>GILD 5.55 10/15/53</title>
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        <name>Pepsico Inc</name>
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        <title>PEP 4.8 07/17/34</title>
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        <name>Truist Financial Corp.</name>
        <lei>549300DRQQI75D2JP341</lei>
        <title>TFC V4.916 07/28/33 MTN</title>
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        <name>Carrier Global Corporation</name>
        <lei>549300JE3W6CWY2NAN77</lei>
        <title>CARR 3.377 04/05/40</title>
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        <invCountry>US</invCountry>
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        <name>General Mills, Inc.</name>
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        <name>Oracle Corp.</name>
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        <name>Equinix, Inc.</name>
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        <name>Gilead Sciences Inc.</name>
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        <name>Peru (Republic Of)</name>
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        <name>Anheuser-Busch InBev Finance Inc.</name>
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        <name>American Electric Power Co, Inc.</name>
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        <name>Simon Property Group LP</name>
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        <name>CVS Health Corp</name>
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        <name>MDC HOLDINGS INC</name>
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        <title>Sekisui House US Inc</title>
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        <name>Morgan Stanley</name>
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        <name>UNION PACIFIC RAILROAD CO</name>
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        <name>Chile (Republic Of)</name>
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        <name>JPMorgan Chase &amp; Co.</name>
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        <name>Kraft Heinz Foods Company</name>
        <lei>5493003STKEZ2S0RNU91</lei>
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        <name>CME Group Inc.</name>
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        <name>Target Corp.</name>
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        <name>Tennessee Gas Pipeline Company</name>
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        <name>MDC HOLDINGS INC</name>
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        <name>Enterprise Products Operating LLC</name>
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        <name>Alphabet Inc.</name>
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        <name>General Motors Financial Company Inc</name>
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        <name>Saudi Arabia (Kingdom of)</name>
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        <name>International Business Machines Corp.</name>
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        <name>Equinor ASA</name>
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        <name>Philip Morris International Inc.</name>
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        <title>PM 4.75 11/01/31</title>
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        <name>AbbVie Inc.</name>
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        <name>Oncor Electric Delivery Company LLC</name>
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        <name>Prudential Financial, Inc.</name>
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        <name>Amphenol Corporation</name>
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        <title>APH 2.2 09/15/31</title>
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        <name>AT&amp;T Inc</name>
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        <name>Northern States Power Company</name>
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        <name>United States Treasury Notes</name>
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        <name>Apple Inc.</name>
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        <name>Asian Development Bank</name>
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        <name>Israel (State Of)</name>
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        <name>CVS Health Corp</name>
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        <name>Intuit Inc</name>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TransCanada Trust</name>
        <lei>549300Y0MFCAXLBWUV51</lei>
        <title>TRPCN V5.3 03/15/77</title>
        <cusip>89356BAC2</cusip>
        <identifiers>
          <isin value="US89356BAC28"/>
        </identifiers>
        <balance>152000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>153007.00000000</valUSD>
        <pctVal>0.019607716884</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2077-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.30000000</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>Union Pacific Corporation</name>
        <lei>549300LMMRSZZCZ8CL11</lei>
        <title>UNP 2.891 04/06/36</title>
        <cusip>907818FQ6</cusip>
        <identifiers>
          <isin value="US907818FQ60"/>
        </identifiers>
        <balance>350000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>300905.15000000</valUSD>
        <pctVal>0.038560738987</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-04-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.89100000</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>Kraft Heinz Foods Company</name>
        <lei>5493003STKEZ2S0RNU91</lei>
        <title>KHC 5.2 07/15/45</title>
        <cusip>50077LAM8</cusip>
        <identifiers>
          <isin value="US50077LAM81"/>
        </identifiers>
        <balance>561000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>514733.77000000</valUSD>
        <pctVal>0.065962694733</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.20000000</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>Hershey Co. (The)</name>
        <lei>21X2CX66SU2BR6QTAD08</lei>
        <title>HSY 3.125 11/15/49</title>
        <cusip>427866BB3</cusip>
        <identifiers>
          <isin value="US427866BB38"/>
        </identifiers>
        <balance>42000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>29888.42000000</valUSD>
        <pctVal>0.003830175596</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.12500000</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>Alphabet Inc.</name>
        <lei>5493006MHB84DD0ZWV18</lei>
        <title>GOOGL 2.05 08/15/50</title>
        <cusip>02079KAF4</cusip>
        <identifiers>
          <isin value="US02079KAF49"/>
        </identifiers>
        <balance>125000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>69087.81000000</valUSD>
        <pctVal>0.008853544077</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.05000000</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>Waste Management, Inc.</name>
        <lei>549300YX8JIID70NFS41</lei>
        <title>WM 4.1 03/01/45</title>
        <cusip>94106LBC2</cusip>
        <identifiers>
          <isin value="US94106LBC28"/>
        </identifiers>
        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>86848.50000000</valUSD>
        <pctVal>0.011129561391</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.10000000</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>NOV Inc.</name>
        <lei>549300EHF3IW1AR6U008</lei>
        <title>NOV 3.95 12/01/42</title>
        <cusip>637071AK7</cusip>
        <identifiers>
          <isin value="US637071AK74"/>
        </identifiers>
        <balance>15000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>12117.48000000</valUSD>
        <pctVal>0.001552844753</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.95000000</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>Occidental Petroleum Corp.</name>
        <lei>IM7X0T3ECJW4C1T7ON55</lei>
        <title>OXY 6.45 09/15/36</title>
        <cusip>674599DF9</cusip>
        <identifiers>
          <isin value="US674599DF90"/>
        </identifiers>
        <balance>50000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>54562.50000000</valUSD>
        <pctVal>0.006992137957</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.45000000</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="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>2026-04-28</ncom:dateSigned>
      <ncom:nameOfApplicant>Goldman Sachs ETF Trust</ncom:nameOfApplicant>
      <ncom:signature>Allison Frachiolla</ncom:signature>
      <ncom:signerName>Allison Frachiolla</ncom:signerName>
      <ncom:title>Vice President Assistant Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
