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        <name>Venture Xxv CLO Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Toronto-Dominion Bank (The)</name>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-06-12</maturityDt>
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      <invstOrSec>
        <name>Banco Santander SA</name>
        <lei>5493006QMFDDMYWIAM13</lei>
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        <invCountry>ES</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-04-12</maturityDt>
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      <invstOrSec>
        <name>Santander UK plc</name>
        <lei>PTCQB104N23FMNK2RZ28</lei>
        <title>Santander UK plc</title>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-11-15</maturityDt>
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        <name>Takeda Pharmaceutical Co. Ltd.</name>
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        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Royal Bank of Canada</name>
        <lei>ES7IP3U3RHIGC71XBU11</lei>
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        <assetCat>DBT</assetCat>
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        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.75000000</annualizedRt>
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        <name>Martin Marietta Materials, Inc.</name>
        <lei>5299005MZ4WZECVATV08</lei>
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        <balance>12964000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Canadian Imperial Bank of Commerce</name>
        <lei>2IGI19DL77OX0HC3ZE78</lei>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-06-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.45000000</annualizedRt>
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      <invstOrSec>
        <name>Atlas Senior Loan Fund XIII</name>
        <lei>N/A</lei>
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        <cusip>04942VAW4</cusip>
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          <isin value="US04942VAW46"/>
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        <balance>24675000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-04-22</maturityDt>
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          <annualizedRt>1.21825080</annualizedRt>
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        <name>Lloyds Banking Group plc</name>
        <lei>549300PPXHEU2JF0AM85</lei>
        <title>Lloyds Banking Group plc</title>
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        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BlueMountain CLO Ltd.</name>
        <lei>54930003J8R1CBTM3M23</lei>
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        <cusip>09626UAU2</cusip>
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        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Ballyrock CLO Ltd.</name>
        <lei>N/A</lei>
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        <name>Athene Global Funding</name>
        <lei>549300LM1QSI4MSIL320</lei>
        <title>Athene Global Funding</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CarMax Auto Owner Trust</name>
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          <maturityDt>2024-01-16</maturityDt>
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        <name>Deutsche Bank AG</name>
        <lei>7LTWFZYICNSX8D621K86</lei>
        <title>Deutsche Bank AG</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Sound Point CLO XX Ltd.</name>
        <lei>549300RTEBF0FW35D815</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Nordea Bank Abp</name>
        <lei>529900ODI3047E2LIV03</lei>
        <title>Nordea Bank Abp</title>
        <cusip>65557CBE2</cusip>
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      <invstOrSec>
        <name>Santander UK plc</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>American Express Co.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>First Abu Dhabi Bank USA NV</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Westlake Chemical Corp.</name>
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        <name>UBS AG</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Cooperatieve Rabobank UA</name>
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        <name>Eversource Energy</name>
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        <name>Enel Finance America LLC</name>
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        <name>Intercontinental Exchange, Inc.</name>
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        <name>WFRBS Commercial Mortgage Trust</name>
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        <name>Citigroup Commercial Mortgage Trust</name>
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        <name>Cigna Corporate Services LLC</name>
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        <name>Nordea Bank Abp</name>
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        <name>Waste Management, Inc.</name>
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        <name>Philip Morris International, Inc.</name>
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        <name>Benefit Street Partners CLO II Ltd.</name>
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        <name>General Motors Financial Co., Inc.</name>
        <lei>5493008B6JBRUJ90QL97</lei>
        <title>General Motors Financial Co., Inc.</title>
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        <name>TWDC Enterprises 18 Corp.</name>
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        <name>Caterpillar Financial Services Corp.</name>
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        <name>Bank of Montreal</name>
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        <name>Siemens Financieringsmaatschappij NV</name>
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        <name>BNZ International Funding Ltd.</name>
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        <name>Barclays plc</name>
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        <name>Lloyds Bank Corporate Markets plc</name>
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        <name>Harriman Park CLO Ltd.</name>
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        <name>Toyota Motor Credit Corp.</name>
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        <name>Telstra Corp. Ltd.</name>
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        <name>Swiss Re Treasury US Corp.</name>
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        <name>Sound Point CLO II Ltd.</name>
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        <name>Honeywell International, Inc.</name>
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        <name>AIA Group Ltd.</name>
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        <name>National Rural Utilities Cooperative Finance Corp.</name>
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        <name>Pioneer Natural Resources Co.</name>
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        <name>Cooperatieve Rabobank UA</name>
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        <name>Metropolitan Life Global Funding I</name>
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        <name>Cigna Corp.</name>
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        <name>Volkswagen Group of America Finance LLC</name>
        <lei>5493002SQ1AVQBY41K40</lei>
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        <name>Oracle Corp.</name>
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        <name>UBS Commercial Mortgage Trust</name>
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      <invstOrSec>
        <name>Element Fleet Management Corp.</name>
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        <name>Athene Global Funding</name>
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      <invstOrSec>
        <name>UBS AG</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Toronto-Dominion Bank (The)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>HSBC Holdings plc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Moody's Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New York Life Global Funding</name>
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        <name>Metropolitan Life Global Funding I</name>
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        <name>EMD Finance LLC</name>
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        <name>National Bank of Canada</name>
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        <name>Bristol-Myers Squibb Co.</name>
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        <name>Mizuho Financial Group, Inc.</name>
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        <name>John Deere Capital Corp.</name>
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        <name>Exeter Automobile Receivables Trust</name>
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        <name>National Australia Bank Ltd.</name>
        <lei>549300E2IPL06NDXMZ63</lei>
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      <invstOrSec>
        <name>Ford Credit Auto Owner Trust</name>
        <lei>N/A</lei>
        <title>Ford Credit Auto Owner Trust, Series 2020-C, Class A2</title>
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          <isin value="US34533YAB65"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>OCP CLO Ltd.</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Neuberger Berman CLO XVI-S Ltd.</name>
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        <title>Neuberger Berman CLO XVI-S Ltd., Series 2017-16SA, Class XR</title>
        <cusip>64131TAL8</cusip>
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        <curCd>USD</curCd>
        <valUSD>4999990.00000000</valUSD>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Royal Bank of Canada</name>
        <lei>ES7IP3U3RHIGC71XBU11</lei>
        <title>Royal Bank of Canada</title>
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          <isin value="US78012KZD26"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-02-01</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>ING Groep NV</name>
        <lei>549300NYKK9MWM7GGW15</lei>
        <title>ING Groep NV</title>
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          <isin value="US456837AK90"/>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-10-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.10000000</annualizedRt>
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        <name>Eni Finance USA, Inc.</name>
        <lei>5493004C2UY8KKD61453</lei>
        <title>Eni Finance USA, Inc.</title>
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        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Reckitt Benckiser Treasury Services plc</name>
        <lei>213800LAXWIUOOBZ3908</lei>
        <title>Reckitt Benckiser Treasury Services plc</title>
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          <isin value="US75625QAC33"/>
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        <balance>30205000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>30679772.16000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-06-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.37500000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Citizens Bank NA</name>
        <lei>DRMSV1Q0EKMEXLAU1P80</lei>
        <title>Citizens Bank NA</title>
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          <isin value="US17401QAS03"/>
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        <balance>21626000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>21868103.07000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-02-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</annualizedRt>
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      <invstOrSec>
        <name>Kia Corp.</name>
        <lei>988400V8MJK9N7OI5X76</lei>
        <title>Kia Corp.</title>
        <cusip>49374JAB9</cusip>
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          <isin value="US49374JAB98"/>
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        <balance>12580000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>12626294.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-04-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.00000000</annualizedRt>
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      <invstOrSec>
        <name>Magnetite VII Ltd.</name>
        <lei>549300B54XJTQC6DWJ15</lei>
        <title>Magnetite VII Ltd., Series 2012-7A, Class A1R2</title>
        <cusip>55951PBA4</cusip>
        <identifiers>
          <isin value="US55951PBA49"/>
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        <balance>29853986.75000000</balance>
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        <curCd>USD</curCd>
        <valUSD>29881392.71000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.92612880</annualizedRt>
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      <invstOrSec>
        <name>Penske Truck Leasing Co. LP</name>
        <lei>N/A</lei>
        <title>Penske Truck Leasing Co. LP</title>
        <cusip>709599BC7</cusip>
        <identifiers>
          <isin value="US709599BC73"/>
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        <balance>2500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2657396.03000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.12500000</annualizedRt>
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      <invstOrSec>
        <name>Sound Point CLO XXII Ltd.</name>
        <lei>N/A</lei>
        <title>Sound Point CLO XXII Ltd., Series 2019-1A, Class AR</title>
        <cusip>83611KAL6</cusip>
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          <isin value="US83611KAL61"/>
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        <balance>19268000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>19263163.73000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.19305080</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Avery Point VI CLO Ltd.</name>
        <lei>N/A</lei>
        <title>Avery Point VI CLO Ltd., Series 2015-6A, Class AR2</title>
        <cusip>05363LBC6</cusip>
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          <isin value="US05363LBC63"/>
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        <balance>51497306.29000000</balance>
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        <curCd>USD</curCd>
        <valUSD>51491590.09000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-05</maturityDt>
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          <annualizedRt>1.02138120</annualizedRt>
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      <invstOrSec>
        <name>Royal Bank of Canada</name>
        <lei>ES7IP3U3RHIGC71XBU11</lei>
        <title>Royal Bank of Canada</title>
        <cusip>78015K7G3</cusip>
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          <isin value="US78015K7G34"/>
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        <balance>26338000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>26905176.19000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-04-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.60000000</annualizedRt>
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      <invstOrSec>
        <name>BPCE SA</name>
        <lei>9695005MSX1OYEMGDF46</lei>
        <title>BPCE SA</title>
        <cusip>05578AAQ1</cusip>
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          <isin value="US05578AAQ13"/>
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        <balance>86643000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>86732054.27000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-01-14</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.43287840</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Kookmin Bank</name>
        <lei>549300XXMOJSIW8P4769</lei>
        <title>Kookmin Bank</title>
        <cusip>48668MN41</cusip>
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        <balance>49869000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>49892447.41000000</valUSD>
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        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-12-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.37838160</annualizedRt>
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        <name>Natwest Group plc</name>
        <lei>2138005O9XJIJN4JPN90</lei>
        <title>Natwest Group plc</title>
        <cusip>780097BN0</cusip>
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          <isin value="US780097BN03"/>
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        <balance>133000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>136687.47000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-05-22</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.35900080</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>Barings CLO Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>AbbVie, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>OCP CLO Ltd.</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PNC Bank NA</name>
        <lei>AD6GFRVSDT01YPT1CS68</lei>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Standard Chartered plc</name>
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        <title>Standard Chartered plc</title>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-01-12</maturityDt>
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      <invstOrSec>
        <name>Bank of America Corp.</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
        <title>Bank of America Corp.</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-01-11</maturityDt>
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          <annualizedRt>3.30000000</annualizedRt>
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      <invstOrSec>
        <name>Dorchester Park CLO DAC</name>
        <lei>549300UGHN2HEE8W3M89</lei>
        <title>Dorchester Park CLO DAC, Series 2015-1A, Class AR</title>
        <cusip>25820NAA2</cusip>
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          <isin value="US25820NAA28"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-20</maturityDt>
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        <name>Bank of Nova Scotia</name>
        <lei>L3I9ZG2KFGXZ61BMYR72</lei>
        <title>Bank of Nova Scotia</title>
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        <curCd>USD</curCd>
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        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-02-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.21999960</annualizedRt>
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      <invstOrSec>
        <name>VMware, Inc.</name>
        <lei>549300BUDHS3LRWBE814</lei>
        <title>VMware, Inc.</title>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.60000000</annualizedRt>
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        <name>Daimler Finance North America LLC</name>
        <lei>549300423Z16BB673J12</lei>
        <title>Daimler Finance North America LLC</title>
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        <balance>57847000.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-02-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.02475080</annualizedRt>
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      <invstOrSec>
        <name>Sumitomo Mitsui Financial Group, Inc.</name>
        <lei>35380028MYWPB6AUO129</lei>
        <title>Sumitomo Mitsui Financial Group, Inc.</title>
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        <curCd>USD</curCd>
        <valUSD>7068668.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-10-18</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ING Groep NV</name>
        <lei>549300NYKK9MWM7GGW15</lei>
        <title>ING Groep NV</title>
        <cusip>456837AJ2</cusip>
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          <isin value="US456837AJ28"/>
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        <balance>28625000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>28763699.58000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-03-29</maturityDt>
          <couponKind>Floating</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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        <name>Morgan Stanley</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>Morgan Stanley</title>
        <cusip>6174468T9</cusip>
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          <isin value="US6174468T98"/>
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        <balance>21754000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>21790182.99000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-11-10</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.56000160</annualizedRt>
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        <name>BNP Paribas SA</name>
        <lei>R0MUWSFPU8MPRO8K5P83</lei>
        <title>BNP Paribas SA</title>
        <cusip>05581KAB7</cusip>
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          <isin value="US05581KAB70"/>
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        <balance>42459000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>45408366.03000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-01-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.80000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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        <name>Fifth Third Bank NA</name>
        <lei>QFROUN1UWUYU0DVIWD51</lei>
        <title>Fifth Third Bank NA</title>
        <cusip>31677QBC2</cusip>
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        <balance>20518000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>20518000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.87500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>Bell Telephone Co. of Canada or Bell Canada (The)</name>
        <lei>549300JYAVAQRV5MNZ86</lei>
        <title>Bell Telephone Co. of Canada or Bell Canada (The), Series US-3</title>
        <cusip>0778FPAC3</cusip>
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          <isin value="US0778FPAC34"/>
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        <balance>108200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>108597353.68000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-03-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.75000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Goldentree Loan Management US CLO 7 Ltd.</name>
        <lei>549300DO8S88M0JNL340</lei>
        <title>Goldentree Loan Management US CLO 7 Ltd., Series 2020-7A, Class XR</title>
        <cusip>38138LAJ7</cusip>
        <identifiers>
          <isin value="US38138LAJ70"/>
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        <balance>4375000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4374995.63000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-04-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.63425160</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Keurig Dr Pepper, Inc.</name>
        <lei>DYTQ8KRTKO7Y2BVU5K74</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>HSBC Holdings plc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>PNC Bank NA</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Raytheon Technologies Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Entergy Louisiana LLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>DZ Bank AG Deutsche Zentral-Genossenschaftsbank</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Daimler Finance North America LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Reynolds American, Inc.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>HSBC Holdings plc</name>
        <lei>MLU0ZO3ML4LN2LL2TL39</lei>
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        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Symphony CLO XX Ltd.</name>
        <lei>N/A</lei>
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        <name>Charles Schwab Corp. (The)</name>
        <lei>549300VSGCJ7E698NM85</lei>
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        <name>AIG Global Funding</name>
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        <name>Penske Truck Leasing Co. LP</name>
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        <name>Mitsubishi UFJ Financial Group, Inc.</name>
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        <name>Charles Schwab Corp. (The)</name>
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        <name>Apple, Inc.</name>
        <lei>HWUPKR0MPOU8FGXBT394</lei>
        <title>Apple, Inc.</title>
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        <name>ABB Finance USA, Inc.</name>
        <lei>5493002Y01YAFV45F528</lei>
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        <name>Guardian Life Global Funding</name>
        <lei>635400NHILJ5JEKILC36</lei>
        <title>Guardian Life Global Funding</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-04-25</maturityDt>
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          <annualizedRt>3.40000000</annualizedRt>
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        <name>Sumitomo Mitsui Financial Group, Inc.</name>
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        <name>Standard Chartered plc</name>
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        <name>American Honda Finance Corp.</name>
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        <name>LMREC LLC</name>
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        <name>Canadian Imperial Bank of Commerce</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Dominion Energy, Inc.</name>
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        <name>Bank of New York Mellon Corp. (The)</name>
        <lei>WFLLPEPC7FZXENRZV188</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Philip Morris International, Inc.</name>
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        <name>Toronto-Dominion Bank (The)</name>
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        <name>Credit Agricole SA</name>
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        <name>Huntington National Bank (The)</name>
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        <name>Principal Life Global Funding II</name>
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        <name>Shackleton CLO Ltd.</name>
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        <name>Bank of New York Mellon Corp. (The)</name>
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        <name>NextEra Energy Capital Holdings, Inc.</name>
        <lei>UMI46YPGBLUE4VGNNT48</lei>
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        <name>Palmer Square Loan Funding Ltd.</name>
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        <name>BNP Paribas SA</name>
        <lei>R0MUWSFPU8MPRO8K5P83</lei>
        <title>BNP Paribas SA</title>
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        <invCountry>FR</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>WFRBS Commercial Mortgage Trust</name>
        <lei>N/A</lei>
        <title>WFRBS Commercial Mortgage Trust, Series 2013-UBS1, Class AS</title>
        <cusip>92938JAG7</cusip>
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          <isin value="US92938JAG76"/>
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        <balance>6584641.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7067000.85000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-03-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.30599960</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cloud Pass-Through Trust</name>
        <lei>N/A</lei>
        <title>Cloud Pass-Through Trust, Series 2019-1A, Class CLOU</title>
        <cusip>18913AAA3</cusip>
        <identifiers>
          <isin value="US18913AAA34"/>
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        <balance>4217246.83000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4234485.67000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-12-05</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.55422960</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Macquarie Bank Ltd.</name>
        <lei>4ZHCHI4KYZG2WVRT8631</lei>
        <title>Macquarie Bank Ltd.</title>
        <cusip>55608PBC7</cusip>
        <identifiers>
          <isin value="US55608PBC77"/>
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        <balance>4920000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5022888.91000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-10-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.10000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Wells Fargo Commercial Mortgage Trust</name>
        <lei>N/A</lei>
        <title>Wells Fargo Commercial Mortgage Trust, Series 2018-C46, Class A2</title>
        <cusip>95001QAR2</cusip>
        <identifiers>
          <isin value="US95001QAR20"/>
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        <balance>11750000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>12278959.15000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.05800000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Banco Santander SA</name>
        <lei>5493006QMFDDMYWIAM13</lei>
        <title>Banco Santander SA</title>
        <cusip>05964HAD7</cusip>
        <identifiers>
          <isin value="US05964HAD70"/>
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        <balance>6000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6075418.44000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-02-23</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.22074920</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>First Abu Dhabi Bank PJSC</name>
        <lei>2138002Y3WMK6RZS8H90</lei>
        <title>First Abu Dhabi Bank PJSC</title>
        <cusip>31849MFV8</cusip>
        <identifiers>
          <isin value="US31849MFV81"/>
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        <balance>169935000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>169678398.15000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AE</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-06-29</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Buckhorn Park CLO Ltd.</name>
        <lei>N/A</lei>
        <title>Buckhorn Park CLO Ltd., Series 2019-1A, Class XR</title>
        <cusip>118382AN0</cusip>
        <identifiers>
          <isin value="US118382AN01"/>
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        <balance>5000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5000320.00000000</valUSD>
        <pctVal>0.028190315044</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-18</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.76200840</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ANZ New Zealand Int'l Ltd.</name>
        <lei>213800VD256NU2D97H12</lei>
        <title>ANZ New Zealand Int'l Ltd.</title>
        <cusip>00182EBL2</cusip>
        <identifiers>
          <isin value="US00182EBL20"/>
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        <balance>3630000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3718281.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NZ</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-02-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.90000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Nutrien Ltd.</name>
        <lei>5493002QQ7GD21OWF963</lei>
        <title>Nutrien Ltd.</title>
        <cusip>67077MAV0</cusip>
        <identifiers>
          <isin value="US67077MAV00"/>
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        <balance>22880000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>23383236.91000000</valUSD>
        <pctVal>0.131827726077</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-05-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.90000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="88423.60000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Exeter Automobile Receivables Trust</name>
        <lei>N/A</lei>
        <title>Exeter Automobile Receivables Trust, Series 2021-1A, Class A3</title>
        <cusip>30166RAC1</cusip>
        <identifiers>
          <isin value="US30166RAC16"/>
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        <balance>4283000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4283415.02000000</valUSD>
        <pctVal>0.024148618264</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.34000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Atrium IX</name>
        <lei>549300UTF8S11AHH4P70</lei>
        <title>Atrium IX, Series 9A, Class AR2</title>
        <cusip>55821CAA2</cusip>
        <identifiers>
          <isin value="US55821CAA27"/>
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        <balance>1500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1499625.00000000</valUSD>
        <pctVal>0.008454439155</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-28</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.11075120</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MassMutual Global Funding II</name>
        <lei>549300K1IE3K7YU6VG29</lei>
        <title>MassMutual Global Funding II</title>
        <cusip>57629WCU2</cusip>
        <identifiers>
          <isin value="US57629WCU27"/>
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        <balance>39446000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>39833261.11000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-06-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.85000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>AerCap Ireland Capital DAC</name>
        <lei>N/A</lei>
        <title>AerCap Ireland Capital DAC</title>
        <cusip>00774MAF2</cusip>
        <identifiers>
          <isin value="US00774MAF23"/>
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        <balance>20510000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>21658427.92000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-07-03</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.12500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Lloyds Banking Group plc</name>
        <lei>549300PPXHEU2JF0AM85</lei>
        <title>Lloyds Banking Group plc</title>
        <cusip>53944YAC7</cusip>
        <identifiers>
          <isin value="US53944YAC75"/>
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        <balance>7896000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7974455.84000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-01-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Voya CLO Ltd.</name>
        <lei>N/A</lei>
        <title>Voya CLO Ltd., Series 2020-3A, Class X</title>
        <cusip>92918NAA5</cusip>
        <identifiers>
          <isin value="US92918NAA54"/>
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        <balance>4000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3999996.00000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-10-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.78424920</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Air Lease Corp.</name>
        <lei>5493004NW4M4P8TMMK63</lei>
        <title>Air Lease Corp.</title>
        <cusip>00914AAN2</cusip>
        <identifiers>
          <isin value="US00914AAN28"/>
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        <balance>78375000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>78438145.17000000</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>2022-12-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.48882240</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Eaton Corp.</name>
        <lei>0NZWDMRCE180888QQE14</lei>
        <title>Eaton Corp.</title>
        <cusip>278062AC8</cusip>
        <identifiers>
          <isin value="US278062AC86"/>
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        <balance>4062000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4176751.50000000</valUSD>
        <pctVal>0.023547281103</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-11-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Metropolitan Life Global Funding I</name>
        <lei>635400MMSOCXNNNZDZ82</lei>
        <title>Metropolitan Life Global Funding I</title>
        <cusip>59217GCR8</cusip>
        <identifiers>
          <isin value="US59217GCR83"/>
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        <balance>7975000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
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        <name>Santander Drive Auto Receivables Trust</name>
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        <name>Norinchukin Bank</name>
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        <name>Banque Federative du Credit Mutuel SA</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ORIX Corp.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-07-18</maturityDt>
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        <name>Tesla Auto Lease Trust</name>
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        <name>Commonwealth Bank of Australia</name>
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        <name>Sumitomo Mitsui Financial Group, Inc.</name>
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        <name>ACRE Commercial Mortgage Ltd.</name>
        <lei>N/A</lei>
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        <name>HSBC USA, Inc.</name>
        <lei>549300LBOHZ4QSIWU288</lei>
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        <name>Bank of Nova Scotia (The)</name>
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        <name>Banco del Estado de Chile</name>
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        <name>Siemens Financieringsmaatschappij NV</name>
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        <name>Dryden 49 Senior Loan Fund</name>
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        <name>BPCE SA</name>
        <lei>9695005MSX1OYEMGDF46</lei>
        <title>BPCE SA</title>
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        <invCountry>FR</invCountry>
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      <invstOrSec>
        <name>Australia &amp; New Zealand Banking Group Ltd.</name>
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        <name>Penske Truck Leasing Co. LP</name>
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        <name>GM Financial Automobile Leasing Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Gilead Sciences, Inc.</name>
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        <name>Brighthouse Financial Global Funding</name>
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        <name>Bank of America Corp.</name>
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        <name>ERAC USA Finance LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Kookmin Bank</name>
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        <invCountry>KR</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>DBS Group Holdings Ltd.</name>
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        <title>DBS Group Holdings Ltd.</title>
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        <invCountry>SG</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>KeyBank NA</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-09-14</maturityDt>
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        <name>Neuberger Berman Loan Advisers CLO 37 Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>AbbVie, Inc.</name>
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        <name>UBS Group AG</name>
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        <invCountry>CH</invCountry>
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        <name>American Express Co.</name>
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        <name>Wells Fargo &amp; Co.</name>
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        <name>Banco Santander SA</name>
        <lei>5493006QMFDDMYWIAM13</lei>
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        <invCountry>ES</invCountry>
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        <name>National Australia Bank Ltd.</name>
        <lei>549300E2IPL06NDXMZ63</lei>
        <title>National Australia Bank Ltd.</title>
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        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2021-09-20</maturityDt>
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      <invstOrSec>
        <name>Conagra Brands, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Societe Generale SA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Walt Disney Co. (The)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Federation des Caisses Desjardins du Quebec</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Volkswagen Group of America Finance LLC</name>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>AIG Global Funding</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-12-15</maturityDt>
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        <name>NextEra Energy Capital Holdings, Inc.</name>
        <lei>UMI46YPGBLUE4VGNNT48</lei>
        <title>NextEra Energy Capital Holdings, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Elmwood CLO X Ltd.</name>
        <lei>N/A</lei>
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        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-10-20</maturityDt>
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      <invstOrSec>
        <name>Apidos CLO XXI</name>
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        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>CIFC Funding Ltd.</name>
        <lei>549300X1SKS4LNS5LQ62</lei>
        <title>CIFC Funding Ltd., Series 2017-1A, Class AR</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Bank of America Corp.</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
        <title>Bank of America Corp.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Fifth Third Bancorp</name>
        <lei>THRNG6BD57P9QWTQLG42</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-06-15</maturityDt>
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        <name>John Deere Capital Corp.</name>
        <lei>E0KSF7PFQ210NWI8Z391</lei>
        <title>John Deere Capital Corp.</title>
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        <name>Abbott Laboratories</name>
        <lei>HQD377W2YR662HK5JX27</lei>
        <title>Abbott Laboratories</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-03-15</maturityDt>
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        <name>UBS AG</name>
        <lei>BFM8T61CT2L1QCEMIK50</lei>
        <title>UBS AG</title>
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        <invCountry>CH</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>3M Co.</name>
        <lei>LUZQVYP4VS22CLWDAR65</lei>
        <title>3M Co.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-02-14</maturityDt>
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        <name>Mitsubishi UFJ Financial Group, Inc.</name>
        <lei>353800V2V8PUY9TK3E06</lei>
        <title>Mitsubishi UFJ Financial Group, Inc.</title>
        <cusip>606822AL8</cusip>
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        <balance>42869000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-02-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.99800000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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        <name>Morgan Stanley</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>Morgan Stanley</title>
        <cusip>61746BED4</cusip>
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        <name>Heineken NV</name>
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        <name>UBS AG</name>
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        <name>Octagon Investment Partners 35 Ltd.</name>
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        <name>American Express Co.</name>
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        <name>UBS Group AG</name>
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        <name>ING Groep NV</name>
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        <name>Morgan Stanley</name>
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        <name>LCM XIV LP</name>
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        <name>Clear Creek CLO</name>
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      <invstOrSec>
        <name>Roper Technologies, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CenterPoint Energy, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>AT&amp;T, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Walt Disney Co. (The)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Newark BSL CLO 2 Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Banque Federative du Credit Mutuel SA</name>
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        <invCountry>FR</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-11-21</maturityDt>
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        <name>VMware, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-08-21</maturityDt>
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        <name>Mizuho Financial Group, Inc.</name>
        <lei>353800CI5L6DDAN5XZ33</lei>
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        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-09-13</maturityDt>
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        <name>Avolon Holdings Funding Ltd.</name>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Capital One NA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Eni Finance USA, Inc.</name>
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        <name>Canadian Imperial Bank of Commerce</name>
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        <name>Enel Finance America LLC</name>
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        <name>PECO Energy Co.</name>
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        <name>Reliance Standard Life Global Funding II</name>
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        <name>UBS AG</name>
        <lei>BFM8T61CT2L1QCEMIK50</lei>
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      <invstOrSec>
        <name>Charles Schwab Corp. (The)</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-09-01</maturityDt>
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      <invstOrSec>
        <name>Sumitomo Mitsui Financial Group, Inc.</name>
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        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Barclays Bank plc</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Teledyne Technologies, Inc.</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.65000000</annualizedRt>
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      <invstOrSec>
        <name>Toronto-Dominion Bank (The)</name>
        <lei>PT3QB789TSUIDF371261</lei>
        <title>Toronto-Dominion Bank (The)</title>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-12-01</maturityDt>
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        <name>Hyundai Capital America</name>
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        <balance>30000000.00000000</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>2024-06-14</maturityDt>
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      <invstOrSec>
        <name>Bank of Montreal</name>
        <lei>NQQ6HPCNCCU6TUTQYE16</lei>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Oracle Corp.</name>
        <lei>1Z4GXXU7ZHVWFCD8TV52</lei>
        <title>Oracle Corp.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2021-09-15</maturityDt>
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          <annualizedRt>1.90000000</annualizedRt>
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        <name>Fifth Third Bancorp</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Eni Finance USA, Inc.</name>
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        <name>Mondelez International, Inc.</name>
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        <name>KKR CLO 13 Ltd.</name>
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        <name>Citigroup, Inc.</name>
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        <name>Palmer Square Loan Funding Ltd.</name>
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        <name>AT&amp;T, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Verizon Communications, Inc.</name>
        <lei>2S72QS2UO2OESLG6Y829</lei>
        <title>Verizon Communications, Inc.</title>
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        <name>HSBC Holdings plc</name>
        <lei>MLU0ZO3ML4LN2LL2TL39</lei>
        <title>HSBC Holdings plc</title>
        <cusip>404280CS6</cusip>
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        <balance>59681000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>59711131.74000000</valUSD>
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      <invstOrSec>
        <name>KKR CLO 28 Ltd.</name>
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      <invstOrSec>
        <name>Benefit Street Partners CLO Ltd.</name>
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        <name>BMW US Capital LLC</name>
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        <name>NatWest Markets plc</name>
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        <name>7-Eleven, Inc.</name>
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        <name>Shinhan Bank</name>
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        <invCountry>KR</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>KeyBank NA</name>
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          <annualizedRt>0.43300080</annualizedRt>
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      <invstOrSec>
        <name>CSAIL Commercial Mortgage Trust</name>
        <lei>N/A</lei>
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        <balance>2500000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>3.05380000</annualizedRt>
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      <invstOrSec>
        <name>Enel Finance America LLC</name>
        <lei>549300EGNLVUJX1DEC60</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ABN AMRO Funding USA LLC</name>
        <lei>549300WEQ09INLYV6558</lei>
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        <balance>3100000.00000000</balance>
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        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>American Express Co.</name>
        <lei>R4PP93JZOLY261QX3811</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Palmer Square Loan Funding Ltd.</name>
        <lei>549300KJI7MJ3X7YQQ90</lei>
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        <cusip>69700KAA1</cusip>
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        <balance>473736.15000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
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        <debtSec>
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      <invstOrSec>
        <name>Hyundai Auto Receivables Trust</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Symphony CLO XIV Ltd.</name>
        <lei>54930085JMJSZBQ6N270</lei>
        <title>Symphony CLO XIV Ltd., Series 2014-14A, Class AR</title>
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          <isin value="US87159QBV95"/>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

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          <annualizedRt>1.08288000</annualizedRt>
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        <name>Suncor Energy, Inc.</name>
        <lei>549300W70ZOQDVLCHY06</lei>
        <title>Suncor Energy, Inc.</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.80000000</annualizedRt>
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        <name>Credit Suisse AG</name>
        <lei>549300D0YARF5HYP1809</lei>
        <title>Credit Suisse AG</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-02-04</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>HSBC USA, Inc.</name>
        <lei>549300LBOHZ4QSIWU288</lei>
        <title>HSBC USA, Inc.</title>
        <cusip>40434PY91</cusip>
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        <balance>50000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>49978319.50000000</valUSD>
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        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>Brighthouse Financial Global Funding</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Bank of Nova Scotia</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Toyota Motor Credit Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Norinchukin Bank</name>
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        <name>Wells Fargo &amp; Co.</name>
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        <name>Commonwealth Bank of Australia</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-10-17</maturityDt>
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        <name>Eni Finance USA, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>AstraZeneca plc</name>
        <lei>PY6ZZQWO2IZFZC3IOL08</lei>
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        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Anthem, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>OHA Credit Partners XIII Ltd.</name>
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        <name>Glencore Funding LLC</name>
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        <name>Magnetite XIX Ltd.</name>
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        <name>Canadian Imperial Bank of Commerce</name>
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        <name>AIMCO CLO 10 Ltd.</name>
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        <name>Standard Chartered plc</name>
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        <name>American Electric Power Co., Inc.</name>
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        <name>Humana, Inc.</name>
        <lei>529900YLDW34GJAO4J06</lei>
        <title>Humana, Inc.</title>
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        <invCountry>US</invCountry>
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      </invstOrSec>
      <invstOrSec>
        <name>Palmer Square Loan Funding Ltd.</name>
        <lei>N/A</lei>
        <title>Palmer Square Loan Funding Ltd., Series 2019-4A, Class A1</title>
        <cusip>69689HAA3</cusip>
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          <isin value="US69689HAA32"/>
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        <balance>16719937.14000000</balance>
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        <curCd>USD</curCd>
        <valUSD>16690727.41000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Truist Financial Corp.</name>
        <lei>549300DRQQI75D2JP341</lei>
        <title>Truist Financial Corp.</title>
        <cusip>05531FBG7</cusip>
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          <isin value="US05531FBG72"/>
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        <balance>17689000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>18046902.24000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-06-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.05000000</annualizedRt>
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      <invstOrSec>
        <name>Cedar Funding XII CLO Ltd.</name>
        <lei>N/A</lei>
        <title>Cedar Funding XII CLO Ltd., Series 2020-12A, Class X</title>
        <cusip>15033TAA3</cusip>
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          <isin value="US15033TAA34"/>
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        <balance>3500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3499996.50000000</valUSD>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-10-25</maturityDt>
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      <invstOrSec>
        <name>Apidos CLO XXIV</name>
        <lei>549300PPHIOJQEKPJH29</lei>
        <title>Apidos CLO XXIV, Series 2016-24A, Class A1AL</title>
        <cusip>03759CAS9</cusip>
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          <isin value="US03759CAS98"/>
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        <balance>60000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>59984880.00000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-10-20</maturityDt>
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          <annualizedRt>1.08425160</annualizedRt>
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      <invstOrSec>
        <name>Natwest Group plc</name>
        <lei>2138005O9XJIJN4JPN90</lei>
        <title>Natwest Group plc</title>
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          <isin value="US780097BK63"/>
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        <balance>10045000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10887865.30000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-03-22</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.26899880</annualizedRt>
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      <invstOrSec>
        <name>Benefit Street Partners CLO III Ltd.</name>
        <lei>549300Y1V90IQ456QX97</lei>
        <title>Benefit Street Partners CLO III Ltd., Series 2013-IIIA, Class A1R2</title>
        <cusip>08180EBJ2</cusip>
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          <isin value="US08180EBJ29"/>
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        <balance>59446000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>59431019.61000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.13424840</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Morgan Stanley Bank of America Merrill Lynch Trust</name>
        <lei>N/A</lei>
        <title>Morgan Stanley Bank of America Merrill Lynch Trust, Series 2013-C8, Class A3</title>
        <cusip>61761QAD5</cusip>
        <identifiers>
          <isin value="US61761QAD51"/>
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        <balance>6689472.08000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6779937.16000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.86300000</annualizedRt>
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      <invstOrSec>
        <name>CK Hutchison International 17 Ltd.</name>
        <lei>254900TNOJOSKVTDPK87</lei>
        <title>CK Hutchison International 17 Ltd.</title>
        <cusip>12563UAA5</cusip>
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          <isin value="US12563UAA51"/>
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        <balance>3245000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3290105.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-04-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.87500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Dryden 36 Senior Loan Fund</name>
        <lei>549300XLLT7H0EYXK263</lei>
        <title>Dryden 36 Senior Loan Fund, Series 2014-36A, Class AR3</title>
        <cusip>26249KAZ4</cusip>
        <identifiers>
          <isin value="US26249KAZ49"/>
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        <balance>70815332.60000000</balance>
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        <curCd>USD</curCd>
        <valUSD>70890750.93000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.14612840</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Sumitomo Mitsui Banking Corp.</name>
        <lei>549300MS3WYYVQ4HXM15</lei>
        <title>Sumitomo Mitsui Banking Corp.</title>
        <cusip>86565B7A3</cusip>
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          <isin value="US86565B7A33"/>
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        <balance>47564000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>47603431.51000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-11-22</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.45074880</annualizedRt>
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      <invstOrSec>
        <name>Caterpillar Financial Services Corp.</name>
        <lei>EDBQKYOPJUCJKLOJDE72</lei>
        <title>Caterpillar Financial Services Corp.</title>
        <cusip>14913Q2E8</cusip>
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          <isin value="US14913Q2E80"/>
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        <balance>9656000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9930914.53000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-11-29</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.55000000</annualizedRt>
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      <invstOrSec>
        <name>Bank of America Corp.</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
        <title>Bank of America Corp.</title>
        <cusip>06051GJY6</cusip>
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          <isin value="US06051GJY61"/>
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        <balance>49982000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>49936329.95000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-06-14</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.52300080</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Banco Santander SA</name>
        <lei>5493006QMFDDMYWIAM13</lei>
        <title>Banco Santander SA</title>
        <cusip>05971KAE9</cusip>
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          <isin value="US05971KAE91"/>
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        <balance>10000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10543641.30000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-05-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.74600000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>OCP CLO Ltd.</name>
        <lei>N/A</lei>
        <title>OCP CLO Ltd., Series 2020-8RA, Class A1</title>
        <cusip>670898AC9</cusip>
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          <isin value="US670898AC92"/>
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        <balance>35000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>34991145.00000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-17</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.35388080</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Siemens Financieringsmaatschappij NV</name>
        <lei>TAFO772JB70PDRN5VS48</lei>
        <title>Siemens Financieringsmaatschappij NV</title>
        <cusip>82620KAQ6</cusip>
        <identifiers>
          <isin value="US82620KAQ67"/>
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        <balance>1227000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1231197.13000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-03-16</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.72799920</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Athene Global Funding</name>
        <lei>549300LM1QSI4MSIL320</lei>
        <title>Athene Global Funding</title>
        <cusip>04685A2S9</cusip>
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          <isin value="US04685A2S92"/>
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        <balance>33070000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>33267952.06000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-01-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.95000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BNZ International Funding Ltd.</name>
        <lei>549300HVMZ89HDMELW08</lei>
        <title>BNZ International Funding Ltd.</title>
        <cusip>05579HAJ1</cusip>
        <identifiers>
          <isin value="US05579HAJ14"/>
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        <balance>13260000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>13841979.54000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NZ</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.37500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NextEra Energy Capital Holdings, Inc.</name>
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      <invstOrSec>
        <name>UnitedHealth Group, Inc.</name>
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      <invstOrSec>
        <name>Banco del Estado de Chile</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Cooperatieve Rabobank UA</name>
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        <invCountry>NL</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-01-12</maturityDt>
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      <invstOrSec>
        <name>TransCanada PipeLines Ltd.</name>
        <lei>5BV01I6231JPDAPMGH09</lei>
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      <invstOrSec>
        <name>ICG US CLO Ltd.</name>
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      <invstOrSec>
        <name>Dryden 30 Senior Loan Fund</name>
        <lei>549300AS2O1RYPD2ED41</lei>
        <title>Dryden 30 Senior Loan Fund, Series 2013-30A, Class AR</title>
        <cusip>26249BAQ4</cusip>
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          <isin value="US26249BAQ41"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-11-15</maturityDt>
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      <invstOrSec>
        <name>National Rural Utilities Cooperative Finance Corp.</name>
        <lei>4NYF266XZC35SCTGX023</lei>
        <title>National Rural Utilities Cooperative Finance Corp.</title>
        <cusip>63743HEQ1</cusip>
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          <isin value="US63743HEQ11"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-09-15</maturityDt>
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          <annualizedRt>2.30000000</annualizedRt>
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      <invstOrSec>
        <name>Wells Fargo Bank NA</name>
        <lei>KB1H1DSPRFMYMCUFXT09</lei>
        <title>Wells Fargo Bank NA</title>
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          <isin value="US94988J5U79"/>
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        <balance>445000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>445202.37000000</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>2021-10-22</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.64824840</annualizedRt>
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      <invstOrSec>
        <name>Ryder System, Inc.</name>
        <lei>ZXJ6Y2OSPZXIVGRILD15</lei>
        <title>Ryder System, Inc.</title>
        <cusip>78355HKM0</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-06-01</maturityDt>
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          <annualizedRt>2.87500000</annualizedRt>
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        <name>Lloyds Banking Group plc</name>
        <lei>549300PPXHEU2JF0AM85</lei>
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        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-05-11</maturityDt>
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        <name>BX Commercial Mortgage Trust</name>
        <lei>N/A</lei>
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        <cusip>05608WAA2</cusip>
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          <isin value="US05608WAA27"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-06-15</maturityDt>
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        <name>New York Life Global Funding</name>
        <lei>635400DPNHEAUHB7ZI15</lei>
        <title>New York Life Global Funding</title>
        <cusip>64952WDR1</cusip>
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          <isin value="US64952WDR16"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-09-20</maturityDt>
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        <name>Bank of Nova Scotia (The)</name>
        <lei>L3I9ZG2KFGXZ61BMYR72</lei>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-09-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.45000000</annualizedRt>
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        <name>Metropolitan Life Global Funding I</name>
        <lei>635400MMSOCXNNNZDZ82</lei>
        <title>Metropolitan Life Global Funding I</title>
        <cusip>59217GAX7</cusip>
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          <isin value="US59217GAX79"/>
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        <balance>243000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>251792.43000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-01-10</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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        <name>Sculptor CLO XXVII Ltd.</name>
        <lei>N/A</lei>
        <title>Sculptor CLO XXVII Ltd., Series 27A, Class X</title>
        <cusip>81124UAA2</cusip>
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          <isin value="US81124UAA25"/>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <annualizedRt>2.62370160</annualizedRt>
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        <name>Hyundai Capital America</name>
        <lei>549300RIPPWJB5Z0FK07</lei>
        <title>Hyundai Capital America</title>
        <cusip>44891ABQ9</cusip>
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        <balance>27058000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>27225624.58000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-11-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.15000000</annualizedRt>
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      <invstOrSec>
        <name>Pfizer, Inc.</name>
        <lei>765LHXWGK1KXCLTFYQ30</lei>
        <title>Pfizer, Inc.</title>
        <cusip>717081EM1</cusip>
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        <balance>221000.00000000</balance>
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      <invstOrSec>
        <name>Venture 43 CLO Ltd.</name>
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      <invstOrSec>
        <name>Capital One Financial Corp.</name>
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        <name>Credit Suisse AG</name>
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        <name>APT Pipelines Ltd.</name>
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        <name>BX Trust</name>
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      <invstOrSec>
        <name>OCP CLO Ltd.</name>
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      <invstOrSec>
        <name>Magnetite XVIII Ltd.</name>
        <lei>549300BDVLRWS2SODX97</lei>
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      <invstOrSec>
        <name>Svensk Exportkredit AB</name>
        <lei>1FOLRR5RWTWWI397R131</lei>
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        <invCountry>SE</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Wells Fargo Bank NA</name>
        <lei>KB1H1DSPRFMYMCUFXT09</lei>
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        <name>JPMorgan Securities Lending Money Market Fund</name>
        <lei>5493002FD4HXUJXMRO62</lei>
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        <name>AIMCO CLO</name>
        <lei>N/A</lei>
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        <name>Citigroup Commercial Mortgage Trust</name>
        <lei>N/A</lei>
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        <name>US Bank NA</name>
        <lei>6BYL5QZYBDK8S7L73M02</lei>
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        <name>Guardian Life Global Funding</name>
        <lei>635400NHILJ5JEKILC36</lei>
        <title>Guardian Life Global Funding</title>
        <cusip>40139LAD5</cusip>
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        <name>CarMax Auto Owner Trust</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.27000000</annualizedRt>
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        <name>CIFC Funding Ltd.</name>
        <lei>254900RRJV30GDUWIX97</lei>
        <title>CIFC Funding Ltd., Series 2019-1A, Class AR</title>
        <cusip>12553DAJ6</cusip>
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          <isin value="US12553DAJ63"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1001318.00000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-04-20</maturityDt>
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          <annualizedRt>1.23424920</annualizedRt>
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      <invstOrSec>
        <name>NextEra Energy Capital Holdings, Inc.</name>
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        <title>NextEra Energy Capital Holdings, Inc.</title>
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      <invstOrSec>
        <name>Skandinaviska Enskilda Banken AB</name>
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        <invCountry>SE</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>International Business Machines Corp.</name>
        <lei>VGRQXHF3J8VDLUA7XE92</lei>
        <title>International Business Machines Corp.</title>
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          <isin value="US459200JC60"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Caisse des Depots et Consignations</name>
        <lei>969500Q2PFTTP0Y5QL44</lei>
        <title>Caisse des Depots et Consignations</title>
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          <isin value="US12800BAS16"/>
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        <balance>4500000.00000000</balance>
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        <assetCat>STIV</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>FR</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-01-26</maturityDt>
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        <name>Volkswagen Group of America Finance LLC</name>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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        <name>Banco Santander SA</name>
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        <name>BX Commercial Mortgage Trust</name>
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        <name>Duke Energy Progress LLC</name>
        <lei>0NIFZ782LS46WOC9QK20</lei>
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        <name>Mizuho Financial Group, Inc.</name>
        <lei>353800CI5L6DDAN5XZ33</lei>
        <title>Mizuho Financial Group, Inc.</title>
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        <invCountry>JP</invCountry>
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        <name>American Express Credit Corp.</name>
        <lei>9ET6B8VCXWW51H8Z3M54</lei>
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        <name>Saudi Arabian Oil Co.</name>
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        <name>JPMorgan U.S. Government Money Market Fund</name>
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        <name>Mississippi Power Co.</name>
        <lei>LNZ0J6YZ5SC6ILIRU850</lei>
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        <name>AbbVie, Inc.</name>
        <lei>FR5LCKFTG8054YNNRU85</lei>
        <title>AbbVie, Inc.</title>
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        <name>CarMax Auto Owner Trust</name>
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        <name>Exeter Automobile Receivables Trust</name>
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        <name>AIG Global Funding</name>
        <lei>54930057MDZ7KOVOTV71</lei>
        <title>AIG Global Funding</title>
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        <name>Nordea Bank Abp</name>
        <lei>529900ODI3047E2LIV03</lei>
        <title>Nordea Bank Abp</title>
        <cusip>65559CAC5</cusip>
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        <name>Nationwide Building Society</name>
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        <name>Jackson National Life Global Funding</name>
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        <name>OCP CLO Ltd.</name>
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        <name>BMW US Capital LLC</name>
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        <name>Caterpillar Financial Services Corp.</name>
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        <name>John Deere Capital Corp.</name>
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        <name>New York Life Global Funding</name>
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        <name>Santander Drive Auto Receivables Trust</name>
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        <name>Galaxy XV CLO Ltd.</name>
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        <name>Protective Life Global Funding</name>
        <lei>635400EVYITCJYWL2I50</lei>
        <title>Protective Life Global Funding</title>
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        <name>Siemens Financieringsmaatschappij NV</name>
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        <title>Siemens Financieringsmaatschappij NV</title>
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        <name>Treman Park CLO Ltd.</name>
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        <name>AIG Global Funding</name>
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      <invstOrSec>
        <name>Societe Generale SA</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Pfizer, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-03-11</maturityDt>
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      <invstOrSec>
        <name>Oracle Corp.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-10-15</maturityDt>
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          <annualizedRt>2.50000000</annualizedRt>
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        <name>Mizuho Financial Group, Inc.</name>
        <lei>353800CI5L6DDAN5XZ33</lei>
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        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-07-16</maturityDt>
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        <name>Australia &amp; New Zealand Banking Group Ltd.</name>
        <lei>JHE42UYNWWTJB8YTTU19</lei>
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        <invCountry>AU</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Atmos Energy Corp.</name>
        <lei>QVLWEGTD2S8GJMO8D383</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Nationwide Building Society</name>
        <lei>549300XFX12G42QIKN82</lei>
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        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Westpac Banking Corp.</name>
        <lei>EN5TNI6CI43VEPAMHL14</lei>
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        <invCountry>AU</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Hyundai Capital America</name>
        <lei>549300RIPPWJB5Z0FK07</lei>
        <title>Hyundai Capital America</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>General Motors Financial Co., Inc.</name>
        <lei>5493008B6JBRUJ90QL97</lei>
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        <name>BPCE SA</name>
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        <name>Magnetite XVI Ltd.</name>
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        <name>Mondelez International Holdings Netherlands BV</name>
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        <name>DBGS Mortgage Trust</name>
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        <name>Daimler Finance North America LLC</name>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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        <name>Bristol-Myers Squibb Co.</name>
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        <name>Coca-Cola Europacific Partners plc</name>
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        <name>Mizuho Financial Group, Inc.</name>
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        <name>Skandinaviska Enskilda Banken AB</name>
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        <name>AutoZone, Inc.</name>
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        <name>Standard Chartered plc</name>
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        <name>Magnetite XXV Ltd.</name>
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        <name>Exxon Mobil Corp.</name>
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        <name>Societe Generale SA</name>
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        <name>Telstra Corp. Ltd.</name>
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        <name>CenterPoint Energy Resources Corp.</name>
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        <name>Longfellow Place CLO Ltd.</name>
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        <name>American Honda Finance Corp.</name>
        <lei>B6Q2VFHD1797Q7NZ3E43</lei>
        <title>American Honda Finance Corp.</title>
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        <name>Natixis SA</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Santander Drive Auto Receivables Trust</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-09-15</maturityDt>
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      <invstOrSec>
        <name>Mitsubishi UFJ Financial Group, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>UnitedHealth Group, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Mitsubishi UFJ Financial Group, Inc.</name>
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        <title>Mitsubishi UFJ Financial Group, Inc.</title>
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          <isin value="US606822AT15"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-03-02</maturityDt>
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      <invstOrSec>
        <name>Credit Agricole SA</name>
        <lei>969500TJ5KRTCJQWXH05</lei>
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          <isin value="US22535WAE75"/>
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        <invCountry>FR</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>US Bancorp</name>
        <lei>N1GZ7BBF3NP8GI976H15</lei>
        <title>US Bancorp</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-01-24</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Wells Fargo Commercial Mortgage Trust</name>
        <lei>N/A</lei>
        <title>Wells Fargo Commercial Mortgage Trust, Series 2021-SAVE, Class A</title>
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          <isin value="US95003LAA89"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Citizens Bank NA</name>
        <lei>DRMSV1Q0EKMEXLAU1P80</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>ONE Gas, Inc.</name>
        <lei>549300HXDWI0LATTX840</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Mondelez International Holdings Netherlands BV</name>
        <lei>549300CW356R8I7N8D33</lei>
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        <invCountry>NL</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GS Mortgage Securities Corp. Trust</name>
        <lei>N/A</lei>
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        <balance>5000052.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>McDonald's Corp.</name>
        <lei>UE2136O97NLB5BYP9H04</lei>
        <title>McDonald's Corp.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Banco Santander SA</name>
        <lei>5493006QMFDDMYWIAM13</lei>
        <title>Banco Santander SA</title>
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        <invCountry>ES</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>OHA Credit Funding 7 Ltd.</name>
        <lei>N/A</lei>
        <title>OHA Credit Funding 7 Ltd., Series 2020-7A, Class X</title>
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      <invstOrSec>
        <name>THL Credit Wind River CLO Ltd.</name>
        <lei>N/A</lei>
        <title>THL Credit Wind River CLO Ltd., Series 2014-2A, Class AR</title>
        <cusip>88390AAT7</cusip>
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        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

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          <maturityDt>2031-01-15</maturityDt>
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        <name>Australia &amp; New Zealand Banking Group Ltd.</name>
        <lei>JHE42UYNWWTJB8YTTU19</lei>
        <title>Australia &amp; New Zealand Banking Group Ltd.</title>
        <cusip>05253JAQ4</cusip>
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        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-11-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.55000000</annualizedRt>
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      <invstOrSec>
        <name>John Deere Capital Corp.</name>
        <lei>E0KSF7PFQ210NWI8Z391</lei>
        <title>John Deere Capital Corp.</title>
        <cusip>24422ERH4</cusip>
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          <isin value="US24422ERH44"/>
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        <balance>7600000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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        <name>Analog Devices, Inc.</name>
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        <name>UBS Group AG</name>
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        <name>Canadian Imperial Bank of Commerce</name>
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        <name>Palmer Square Loan Funding Ltd.</name>
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        <name>CK Hutchison International 16 Ltd.</name>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Keurig Dr Pepper, Inc.</name>
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        <name>Principal Life Global Funding II</name>
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        <name>Neuberger Berman CLO XIV Ltd.</name>
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        <name>Berkshire Hathaway Energy Co.</name>
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        <name>WEC Energy Group, Inc.</name>
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        <name>American Honda Finance Corp.</name>
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        <name>Penske Truck Leasing Co. LP</name>
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        <name>BOC Aviation Ltd.</name>
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        <name>ONE Gas, Inc.</name>
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        <name>Mizuho Financial Group, Inc.</name>
        <lei>353800CI5L6DDAN5XZ33</lei>
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        <invCountry>JP</invCountry>
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        <name>3M Co.</name>
        <lei>LUZQVYP4VS22CLWDAR65</lei>
        <title>3M Co.</title>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Roper Technologies, Inc.</name>
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      <invstOrSec>
        <name>LVMH Moet Hennessy Louis Vuitton SE</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Chevron Phillips Chemical Co. LLC</name>
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      <invstOrSec>
        <name>Reliance Standard Life Global Funding II</name>
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        <name>Natwest Group plc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>State Street Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Bank of Montreal</name>
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        <fairValLevel>2</fairValLevel>
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        <name>BP Capital Markets plc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Jackson National Life Global Funding</name>
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        <name>AmerisourceBergen Corp.</name>
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        <name>Macquarie Bank Ltd.</name>
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        <name>National Bank of Canada</name>
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        <name>Mizuho Financial Group, Inc.</name>
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        <name>KeyBank NA</name>
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        <name>Benchmark Mortgage Trust</name>
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        <name>KKR CLO 24 Ltd.</name>
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        <name>Wells Fargo &amp; Co.</name>
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        <name>AT&amp;T, Inc.</name>
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        <name>BNP Paribas SA</name>
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        <name>Unilever Capital Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Magnetite XXVII Ltd.</name>
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        <name>Met Tower Global Funding</name>
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        <name>Viatris, Inc.</name>
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        <name>Federation des Caisses Desjardins du Quebec</name>
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        <name>UBS Group AG</name>
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        <name>Societe Generale SA</name>
        <lei>O2RNE8IBXP4R0TD8PU41</lei>
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        <name>Daimler Finance North America LLC</name>
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        <name>Emera US Finance LP</name>
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        <name>MP CLO III Ltd.</name>
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        <name>CIFC Funding Ltd.</name>
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        <name>Bank of Nova Scotia (The)</name>
        <lei>L3I9ZG2KFGXZ61BMYR72</lei>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-02-01</maturityDt>
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        <name>Palmer Square Loan Funding Ltd.</name>
        <lei>N/A</lei>
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        <invCountry>KY</invCountry>
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        <name>KeyBank NA</name>
        <lei>HUX2X73FUCYHUVH1BK78</lei>
        <title>KeyBank NA</title>
        <cusip>49327M2Z6</cusip>
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        <balance>500000.00000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-03-10</maturityDt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Bain Capital Credit CLO Ltd.</name>
        <lei>549300GXRBLOE2KMGY86</lei>
        <title>Bain Capital Credit CLO Ltd., Series 2016-2A, Class ARR</title>
        <cusip>056828AS5</cusip>
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        <name>OCP CLO Ltd.</name>
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        <name>Shinhan Bank</name>
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        <name>Reliance Standard Life Global Funding II</name>
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        <name>MUFG Union Bank NA</name>
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        <name>Truist Financial Corp.</name>
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        <name>BXMT Ltd.</name>
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        <name>Cargill, Inc.</name>
        <lei>QXZYQNMR4JZ5RIRN4T31</lei>
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        <name>Metropolitan Life Global Funding I</name>
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        <name>Cooperatieve Rabobank UA</name>
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        <name>Duke Energy Corp.</name>
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        <name>Air Lease Corp.</name>
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        <name>Bank of America Corp.</name>
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        <name>LCM XXIV Ltd.</name>
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        <name>GM Financial Consumer Automobile Receivables Trust</name>
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        <name>Capital One Financial Corp.</name>
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        <name>National Bank of Canada</name>
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        <name>Australia &amp; New Zealand Banking Group Ltd.</name>
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        <name>Svenska Handelsbanken AB</name>
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        <name>Credit Suisse AG</name>
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        <invCountry>CH</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Citizens Bank NA</name>
        <lei>DRMSV1Q0EKMEXLAU1P80</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Exeter Automobile Receivables Trust</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Newark BSL CLO 1 Ltd.</name>
        <lei>549300R0C043JWD1XY94</lei>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-12-21</maturityDt>
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      <invstOrSec>
        <name>AbbVie, Inc.</name>
        <lei>FR5LCKFTG8054YNNRU85</lei>
        <title>AbbVie, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>International Business Machines Corp.</name>
        <lei>VGRQXHF3J8VDLUA7XE92</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Credit Suisse AG</name>
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        <title>Credit Suisse AG</title>
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        <valUSD>50004147.00000000</valUSD>
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        <invCountry>CH</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2021-09-16</maturityDt>
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          <annualizedRt>0.31000000</annualizedRt>
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        <name>Mitsubishi UFJ Financial Group, Inc.</name>
        <lei>353800V2V8PUY9TK3E06</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Bank of America Corp.</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
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      <invstOrSec>
        <name>OCP CLO Ltd.</name>
        <lei>254900ZMV4RGFPV8TK42</lei>
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        <cusip>670881AL5</cusip>
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        <name>Morgan Stanley</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>Morgan Stanley</title>
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        <name>Credit Agricole Corporate and Investment Bank</name>
        <lei>254900BN8XS34XZDJ223</lei>
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      <invstOrSec>
        <name>Apidos CLO XXXI</name>
        <lei>549300IG6PHVJ3WBR394</lei>
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        <name>Daiwa Securities Group, Inc.</name>
        <lei>353800WRC7Y23PWFJG38</lei>
        <title>Daiwa Securities Group, Inc.</title>
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        <name>CIFC Funding Ltd.</name>
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        <name>Royal Bank of Canada</name>
        <lei>ES7IP3U3RHIGC71XBU11</lei>
        <title>Royal Bank of Canada</title>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Eversource Energy</name>
        <lei>SJ7XXD41SQU3ZNWUJ746</lei>
        <title>Eversource Energy, Series N</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>BNZ International Funding Ltd.</name>
        <lei>549300HVMZ89HDMELW08</lei>
        <title>BNZ International Funding Ltd.</title>
        <cusip>05579HAC6</cusip>
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        <name>Credit Suisse AG</name>
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        <name>Westpac Banking Corp.</name>
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        <name>522 Funding CLO Ltd.</name>
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        <name>Goldman Sachs Group, Inc. (The)</name>
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        <name>Daimler Finance North America LLC</name>
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        <name>Societe Generale SA</name>
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        <name>Triton Container International Ltd.</name>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Anthem, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Suncorp-Metway Ltd.</name>
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        <name>Lloyds Banking Group plc</name>
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        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Mitsubishi UFJ Financial Group, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BNZ International Funding Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Principal Life Global Funding II</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Banco Santander SA</name>
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        <invCountry>ES</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Morgan Stanley Capital I Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Avery Point VII CLO Ltd.</name>
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        <name>Citigroup, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Jackson National Life Global Funding</name>
        <lei>635400PQXLYXWJI5QD78</lei>
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        <name>Brighthouse Financial Global Funding</name>
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        <name>Palmer Square Loan Funding Ltd.</name>
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        <name>Toronto-Dominion Bank (The)</name>
        <lei>PT3QB789TSUIDF371261</lei>
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        <name>7-Eleven, Inc.</name>
        <lei>549300K23JPL0SS3LB18</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>NTT Finance Corp.</name>
        <lei>3538007PR116187GD960</lei>
        <title>NTT Finance Corp.</title>
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        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Boeing Co. (The)</name>
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        <name>Drive Auto Receivables Trust</name>
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        <name>ANZ New Zealand Int'l Ltd.</name>
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        <name>BlueMountain CLO Ltd.</name>
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        <name>Ballyrock CLO Ltd.</name>
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        <name>Toyota Motor Credit Corp.</name>
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        <name>CenterPoint Energy Resources Corp.</name>
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        <name>Marathon CLO XIII Ltd.</name>
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        <name>National Australia Bank Ltd.</name>
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        <name>BMW US Capital LLC</name>
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        <name>Starbucks Corp.</name>
        <lei>OQSJ1DU9TAOC51A47K68</lei>
        <title>Starbucks Corp.</title>
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        <name>Venture 36 CLO Ltd.</name>
        <lei>549300AZL7IWJJ04HD37</lei>
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        <name>National Australia Bank Ltd.</name>
        <lei>549300E2IPL06NDXMZ63</lei>
        <title>National Australia Bank Ltd.</title>
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        <invCountry>AU</invCountry>
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        <name>Credit Suisse Mortgage Capital Certificates</name>
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        <name>Credit Suisse AG</name>
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        <name>Saudi Arabian Oil Co.</name>
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        <name>Sumitomo Mitsui Banking Corp.</name>
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        <name>Cigna Corp.</name>
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        <name>NextEra Energy Capital Holdings, Inc.</name>
        <lei>UMI46YPGBLUE4VGNNT48</lei>
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        <name>US Bank NA</name>
        <lei>6BYL5QZYBDK8S7L73M02</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Exeter Automobile Receivables Trust</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Mitsubishi UFJ Financial Group, Inc.</name>
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        <balance>22890000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Dryden Senior Loan Fund</name>
        <lei>N/A</lei>
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          <isin value="US26245EAJ82"/>
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        <balance>40000000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>BPCE SA</name>
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        <invCountry>FR</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2021-12-02</maturityDt>
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      <invstOrSec>
        <name>Venture 33 CLO Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Glencore Funding LLC</name>
        <lei>213800STG1QDNBY87K49</lei>
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          <isin value="US378272AF53"/>
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        <balance>5620000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-05-30</maturityDt>
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      <invstOrSec>
        <name>AbbVie, Inc.</name>
        <lei>FR5LCKFTG8054YNNRU85</lei>
        <title>AbbVie, Inc.</title>
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          <isin value="US00287YBK47"/>
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        <balance>19800000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-11-19</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>BPCE SA</name>
        <lei>9695005MSX1OYEMGDF46</lei>
        <title>BPCE SA</title>
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        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-05-31</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.00074960</annualizedRt>
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      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>Morgan Stanley</title>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>2.75000000</annualizedRt>
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        <name>Nestle Holdings, Inc.</name>
        <lei>549300EAEU8YV8MQXP30</lei>
        <title>Nestle Holdings, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Enbridge US, Inc.</name>
        <lei>5493003FRODSVHJWFS32</lei>
        <title>Enbridge US, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>UBS Commercial Mortgage Trust</name>
        <lei>N/A</lei>
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        <name>Hyundai Capital America</name>
        <lei>549300RIPPWJB5Z0FK07</lei>
        <title>Hyundai Capital America</title>
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      <invstOrSec>
        <name>Palmer Square Loan Funding Ltd.</name>
        <lei>N/A</lei>
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          <isin value="US69701YAA01"/>
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        <name>Sumitomo Mitsui Financial Group, Inc.</name>
        <lei>35380028MYWPB6AUO129</lei>
        <title>Sumitomo Mitsui Financial Group, Inc.</title>
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        <name>Protective Life Global Funding</name>
        <lei>635400EVYITCJYWL2I50</lei>
        <title>Protective Life Global Funding</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Barclays Bank plc</name>
        <lei>G5GSEF7VJP5I7OUK5573</lei>
        <title>Barclays Bank plc</title>
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        <balance>10901000.00000000</balance>
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        <invCountry>GB</invCountry>
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        <name>TWDC Enterprises 18 Corp.</name>
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        <name>National Australia Bank Ltd.</name>
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        <name>Mizuho Financial Group, Inc.</name>
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        <name>Phillips 66</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Natwest Group plc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Bank of Nova Scotia (The)</name>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-06-15</maturityDt>
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        <name>Intel Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>GlaxoSmithKline Capital plc</name>
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        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Cooperatieve Rabobank UA</name>
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        <invCountry>NL</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Goldman Sachs Group, Inc. (The)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>American International Group, Inc.</name>
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        <name>Octagon Investment Partners 30 Ltd.</name>
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        <name>Lloyds Banking Group plc</name>
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        <name>National Bank of Canada</name>
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        <name>Commonwealth Bank of Australia</name>
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        <name>DH Europe Finance II SARL</name>
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        <name>Palmer Square Loan Funding Ltd.</name>
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        <name>Toyota Motor Credit Corp.</name>
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        <name>Wind River CLO Ltd.</name>
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        <name>Banque Federative du Credit Mutuel SA</name>
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        <name>Anchorage Capital CLO 9 Ltd.</name>
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        <name>Bank of Nova Scotia (The)</name>
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        <name>MassMutual Global Funding II</name>
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        <name>UnitedHealth Group, Inc.</name>
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        <name>Bank of Montreal</name>
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        <name>MUFG Union Bank NA</name>
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        <name>Volkswagen Group of America Finance LLC</name>
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        <name>Eni Finance USA, Inc.</name>
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        <name>US Bank NA</name>
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        <name>MUFG Americas Holdings Corp.</name>
        <lei>5493004K1ECE43Q0BX47</lei>
        <title>MUFG Americas Holdings Corp.</title>
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        <invCountry>US</invCountry>
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        <name>Atmos Energy Corp.</name>
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        <name>BP Capital Markets plc</name>
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        <name>Citigroup, Inc.</name>
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        <name>BX Commercial Mortgage Trust</name>
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        <name>Sumitomo Mitsui Financial Group, Inc.</name>
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        <name>American Express Co.</name>
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        <name>KeyBank NA</name>
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        <name>Palmer Square Loan Funding Ltd.</name>
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        <name>First Republic Bank</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Equitable Financial Life Global Funding</name>
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        <name>Morgan Stanley</name>
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        <name>LCM 29 Ltd.</name>
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        <name>Bank of America Corp.</name>
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        <name>Standard Chartered plc</name>
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        <name>Enbridge, Inc.</name>
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        <name>Southern Natural Gas Co. LLC</name>
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        <name>Viatris, Inc.</name>
        <lei>254900ZZTSW7NL773X71</lei>
        <title>Viatris, Inc.</title>
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        <name>Leidos, Inc.</name>
        <lei>5493006I78VIN6J1BQ95</lei>
        <title>Leidos, Inc.</title>
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        <curCd>USD</curCd>
        <valUSD>47674744.37000000</valUSD>
        <pctVal>0.268776011028</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.95000000</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>Honeywell International, Inc.</name>
        <lei>ISRPG12PN4EIEOEMW547</lei>
        <title>Honeywell International, Inc.</title>
        <cusip>438516BT2</cusip>
        <identifiers>
          <isin value="US438516BT21"/>
        </identifiers>
        <balance>3051000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3102241.61000000</valUSD>
        <pctVal>0.017489514337</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-08-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.15000000</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>Philip Morris International, Inc.</name>
        <lei>HL3H1H2BGXWVG3BSWR90</lei>
        <title>Philip Morris International, Inc.</title>
        <cusip>718172CD9</cusip>
        <identifiers>
          <isin value="US718172CD93"/>
        </identifiers>
        <balance>2620000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2681275.77000000</valUSD>
        <pctVal>0.015116234296</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-11-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.50000000</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>NatWest Markets plc</name>
        <lei>RR3QWICWWIPCS8A4S074</lei>
        <title>NatWest Markets plc</title>
        <cusip>63906AAA8</cusip>
        <identifiers>
          <isin value="US63906AAA88"/>
        </identifiers>
        <balance>25670000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>26584920.13000000</valUSD>
        <pctVal>0.149877862597</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-09-29</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2021-09-30</ncom:dateSigned>
      <ncom:nameOfApplicant>J.P. Morgan Exchange-Traded Fund Trust</ncom:nameOfApplicant>
      <ncom:signature>Timothy J. Clemens</ncom:signature>
      <ncom:signerName>Timothy J. Clemens</ncom:signerName>
      <ncom:title>Treasurer and Principal Financial Officer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
