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        <name>Toronto-Dominion Bank (The)</name>
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        <name>Banco Santander SA</name>
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        <name>Takeda Pharmaceutical Co. Ltd.</name>
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        <name>Nordea Bank Abp</name>
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        <name>GM Financial Consumer Automobile Receivables Trust</name>
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        <name>DNB Bank ASA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Martin Marietta Materials, Inc.</name>
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        <name>E.ON SE</name>
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        <name>Atlas Senior Loan Fund XIII</name>
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        <name>Bank of America Corp.</name>
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        <name>National Bank of Canada</name>
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        <name>Athene Global Funding</name>
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        <name>ITC Holdings Corp.</name>
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        <name>Nordea Bank Abp</name>
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        <name>Air Liquide Finance SA</name>
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        <name>Santander UK plc</name>
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        <name>Constellation Brands, Inc.</name>
        <lei>5493005GKEG8QCVY7037</lei>
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      <invstOrSec>
        <name>American Express Co.</name>
        <lei>R4PP93JZOLY261QX3811</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Canadian Imperial Bank of Commerce</name>
        <lei>549300H8L46OOZOFHU82</lei>
        <title>Canadian Imperial Bank of Commerce</title>
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        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Westlake Corp.</name>
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        <title>Westlake Corp.</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>UBS AG</name>
        <lei>BFM8T61CT2L1QCEMIK50</lei>
        <title>UBS AG</title>
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        <assetCat>DBT</assetCat>
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        <invCountry>CH</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-08-09</maturityDt>
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      <invstOrSec>
        <name>Eversource Energy</name>
        <lei>SJ7XXD41SQU3ZNWUJ746</lei>
        <title>Eversource Energy, Series T</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-08-15</maturityDt>
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      <invstOrSec>
        <name>WFRBS Commercial Mortgage Trust</name>
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      <invstOrSec>
        <name>Citigroup Commercial Mortgage Trust</name>
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        <fairValLevel>3</fairValLevel>
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        <name>Nordea Bank Abp</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Glencore Funding LLC</name>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Benefit Street Partners CLO II Ltd.</name>
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        <name>General Motors Financial Co., Inc.</name>
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        <name>NextEra Energy Capital Holdings, Inc.</name>
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        <title>NextEra Energy Capital Holdings, Inc.</title>
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        <name>Ballyrock CLO Ltd.</name>
        <lei>N/A</lei>
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        <name>Bank of Montreal</name>
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        <name>DNB Bank ASA</name>
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        <name>Siemens Financieringsmaatschappij NV</name>
        <lei>TAFO772JB70PDRN5VS48</lei>
        <title>Siemens Financieringsmaatschappij NV</title>
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        <name>TELUS Corp.</name>
        <lei>L2TEUTQ8OSHMJWVLCE40</lei>
        <title>TELUS Corp.</title>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-02-21</maturityDt>
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        <name>Hyundai Capital America</name>
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        <name>Neuberger Berman Loan Advisers CLO 26 Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>HSBC Bank USA NA</name>
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        <name>Florida Power &amp; Light Co.</name>
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        <name>ERAC USA Finance LLC</name>
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        <name>Toronto-Dominion Bank (The)</name>
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        <name>Fidelity National Information Services, Inc.</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-03-01</maturityDt>
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        <name>TransCanada PipeLines Ltd.</name>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-10-20</maturityDt>
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      <invstOrSec>
        <name>Harriman Park CLO Ltd.</name>
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        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>ASB Bank Ltd.</name>
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        <name>Standard Chartered plc</name>
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        <name>BPCE SA</name>
        <lei>9695005MSX1OYEMGDF46</lei>
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        <name>Bank of New York Mellon Corp. (The)</name>
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        <name>Mitsubishi UFJ Financial Group, Inc.</name>
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        <name>NextEra Energy Capital Holdings, Inc.</name>
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        <name>Westlake Automobile Receivables Trust</name>
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        <name>Volkswagen Group of America Finance LLC</name>
        <lei>5493002SQ1AVQBY41K40</lei>
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        <name>Dell Equipment Finance Trust</name>
        <lei>N/A</lei>
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        <name>Enel Finance America LLC</name>
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      <invstOrSec>
        <name>MUFG Bank Ltd.</name>
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      <invstOrSec>
        <name>Capital One Prime Auto Receivables Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Bank of Montreal</name>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Lloyds Bank Trustee Services Ltd.</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>Mitsubishi UFJ Financial Group, Inc.</name>
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        <name>NatWest Group plc</name>
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        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Bank of America Corp.</name>
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        <name>International Flavors &amp; Fragrances, Inc.</name>
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        <name>Cooperatieve Rabobank UA</name>
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        <invCountry>NL</invCountry>
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        <name>DTE Energy Co.</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>TCI-Symphony CLO Ltd.</name>
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        <name>National Rural Utilities Cooperative Finance Corp.</name>
        <lei>4NYF266XZC35SCTGX023</lei>
        <title>National Rural Utilities Cooperative Finance Corp., Series D</title>
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          <maturityDt>2023-02-16</maturityDt>
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      <invstOrSec>
        <name>Nordea Bank Abp</name>
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        <invCountry>FI</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Consolidated Edison, Inc.</name>
        <lei>54930033SBW53OO8T749</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Union Pacific Corp.</name>
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        <title>Union Pacific Corp.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-06-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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      <invstOrSec>
        <name>Metropolitan Life Global Funding I</name>
        <lei>635400MMSOCXNNNZDZ82</lei>
        <title>Metropolitan Life Global Funding I</title>
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          <isin value="US59217GEH83"/>
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        <balance>12598000.00000000</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>2023-06-08</maturityDt>
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          <annualizedRt>0.90000000</annualizedRt>
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      <invstOrSec>
        <name>Cigna Corp.</name>
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        <title>Cigna Corp.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-07-15</maturityDt>
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        <name>Mizuho Financial Group, Inc.</name>
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        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>New York Life Global Funding</name>
        <lei>635400DPNHEAUHB7ZI15</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Volkswagen Group of America Finance LLC</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.25000000</annualizedRt>
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      <invstOrSec>
        <name>Westpac Securities NZ Ltd.</name>
        <lei>549300W0N3O6Q4RCKE25</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Element Fleet Management Corp.</name>
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        <title>Element Fleet Management Corp.</title>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>1.60000000</annualizedRt>
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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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        <name>UBS AG</name>
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        <invCountry>CH</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Toronto-Dominion Bank (The)</name>
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        <name>HSBC Holdings plc</name>
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        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Truist Financial Corp.</name>
        <lei>549300DRQQI75D2JP341</lei>
        <title>Truist Financial Corp.</title>
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        <invCountry>US</invCountry>
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        <name>Banque Federative du Credit Mutuel SA</name>
        <lei>VBHFXSYT7OG62HNT8T76</lei>
        <title>Banque Federative du Credit Mutuel SA</title>
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        <invCountry>FR</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Marlette Funding Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Norinchukin BK NY BR</name>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>American Express Co.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Mizuho Financial Group, Inc.</name>
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        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-07-10</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Neuberger Berman CLO XVI-S Ltd.</name>
        <lei>549300UHUHCR3388B324</lei>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Anchorage Capital CLO 9 Ltd.</name>
        <lei>5493009A4SIPWYPZDB35</lei>
        <title>Anchorage Capital CLO Ltd., Series 2016-9A, Class XR</title>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-15</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>ING Groep NV</name>
        <lei>549300NYKK9MWM7GGW15</lei>
        <title>ING Groep NV</title>
        <cusip>456837AK9</cusip>
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          <isin value="US456837AK90"/>
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        <balance>14532000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>NL</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-10-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.10000000</annualizedRt>
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      <invstOrSec>
        <name>Royal Bank of Canada</name>
        <lei>ES7IP3U3RHIGC71XBU11</lei>
        <title>Royal Bank of Canada</title>
        <cusip>78015DLF5</cusip>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-11-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>Kia Corp.</name>
        <lei>988400V8MJK9N7OI5X76</lei>
        <title>Kia Corp.</title>
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          <isin value="US49374JAB98"/>
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        <balance>12580000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>11897535.00000000</valUSD>
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        <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>Kellogg Co.</name>
        <lei>LONOZNOJYIBXOHXWDB86</lei>
        <title>Kellogg Co.</title>
        <cusip>487836BS6</cusip>
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        <balance>3269000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3230072.49000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.65000000</annualizedRt>
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        <name>Magnetite VII Ltd.</name>
        <lei>549300B54XJTQC6DWJ15</lei>
        <title>Magnetite Ltd., Series 2012-7A, Class A1R2</title>
        <cusip>55951PBA4</cusip>
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        <curCd>USD</curCd>
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        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.31200000</annualizedRt>
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        <name>Penske Truck Leasing Co. LP</name>
        <lei>N/A</lei>
        <title>Penske Truck Leasing Co. LP</title>
        <cusip>709599BC7</cusip>
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        <balance>4071000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4055454.52000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.12500000</annualizedRt>
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        <name>Citibank NA</name>
        <lei>E57ODZWZ7FF32TWEFA76</lei>
        <title>Citibank NA</title>
        <cusip>17305T5M0</cusip>
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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>2023-07-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.85000000</annualizedRt>
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      <invstOrSec>
        <name>Sound Point CLO XXII Ltd.</name>
        <lei>N/A</lei>
        <title>Sound Point CLO Ltd., Series 2019-1A, Class AR</title>
        <cusip>83611KAL6</cusip>
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          <isin value="US83611KAL61"/>
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        <balance>14268000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>14012345.98000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-20</maturityDt>
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          <annualizedRt>3.78986040</annualizedRt>
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      <invstOrSec>
        <name>Sumitomo Mitsui Trust Bank Ltd.</name>
        <lei>5493006GGLR4BTEL8O61</lei>
        <title>Sumitomo Mitsui Trust Bank Ltd.</title>
        <cusip>86563VAQ2</cusip>
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        <balance>20499000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>19816008.17000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>JP</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-09-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.80000000</annualizedRt>
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      <invstOrSec>
        <name>Societe Generale SA</name>
        <lei>O2RNE8IBXP4R0TD8PU41</lei>
        <title>Societe Generale SA</title>
        <cusip>83369CN42</cusip>
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        <balance>100500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>99391284.00000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-01-04</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</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>26010974.49000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <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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        <name>NatWest Group plc</name>
        <lei>2138005O9XJIJN4JPN90</lei>
        <title>NatWest Group plc</title>
        <cusip>780097BN0</cusip>
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        <balance>133000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>130650.50000000</valUSD>
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        <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>
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      <invstOrSec>
        <name>Barings CLO Ltd.</name>
        <lei>54930079SUKCXYW8DR07</lei>
        <title>Barings CLO Ltd., Series 2013-IA, Class AR</title>
        <cusip>06760EAA4</cusip>
        <identifiers>
          <isin value="US06760EAA47"/>
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        <balance>29025315.20000000</balance>
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        <name>Palmer Square Loan Funding Ltd.</name>
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        <name>VMware, Inc.</name>
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        <name>Sumitomo Mitsui Financial Group, Inc.</name>
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        <name>Morgan Stanley</name>
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        <name>Mitsubishi UFJ Financial Group, Inc.</name>
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        <name>Palmer Square Loan Funding Ltd.</name>
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        <name>Aetna, Inc.</name>
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        <name>BNP Paribas SA</name>
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        <name>Goldentree Loan Management US CLO 7 Ltd.</name>
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        <name>AIG Global Funding</name>
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        <name>Galaxy XXII CLO Ltd.</name>
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        <name>Penske Truck Leasing Co. LP</name>
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        <name>OCP CLO Ltd.</name>
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        <name>Brighthouse Financial Global Funding</name>
        <lei>549300BLFX3KJ2IFOA78</lei>
        <title>Brighthouse Financial Global Funding</title>
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        <name>Westpac Banking Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>NextEra Energy Capital Holdings, Inc.</name>
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      <invstOrSec>
        <name>Lloyds Bank Corporate Markets plc</name>
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        <name>Toronto-Dominion Bank (The)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Evergy Missouri West, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Exxon Mobil Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>ASB Bank Ltd.</name>
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        <name>Credit Suisse Group Funding Guernsey Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-09-15</maturityDt>
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        <name>Toyota Motor Credit Corp.</name>
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        <name>Caterpillar Financial Services Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Athene Global Funding</name>
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        <name>First Abu Dhabi Bank USA NV</name>
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        <name>Entergy Louisiana LLC</name>
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        <name>ASB Bank Ltd.</name>
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        <name>Mercedes-Benz Finance North America LLC</name>
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        <name>Reynolds American, Inc.</name>
        <lei>02S2RPPVO9RP4NEU2740</lei>
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        <name>HSBC Holdings plc</name>
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        <invCountry>GB</invCountry>
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        <name>Symphony CLO XX Ltd.</name>
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        <name>Charles Schwab Corp. (The)</name>
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        <name>Royal Bank of Canada</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Penske Truck Leasing Co. LP</name>
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        <name>Citigroup, Inc.</name>
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        <name>Charles Schwab Corp. (The)</name>
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        <name>Apple, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-09-11</maturityDt>
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        <name>Guardian Life Global Funding</name>
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        <fairValLevel>2</fairValLevel>
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        <name>EOG Resources, Inc.</name>
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        <name>American Honda Finance Corp.</name>
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        <name>Keurig Dr Pepper, Inc.</name>
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        <name>LMREC LLC</name>
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        <name>SREIT Trust</name>
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        <name>Canadian Imperial Bank of Commerce</name>
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        <name>Dominion Energy, Inc.</name>
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        <name>Bank of New York Mellon Corp. (The)</name>
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        <name>Westpac Banking Corp.</name>
        <lei>EN5TNI6CI43VEPAMHL14</lei>
        <title>Westpac Banking Corp.</title>
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        <name>Toronto-Dominion Bank (The)</name>
        <lei>PT3QB789TSUIDF371261</lei>
        <title>Toronto-Dominion Bank (The)</title>
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        <name>Caterpillar Financial Services Corp.</name>
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        <name>WFRBS Commercial Mortgage Trust</name>
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        <name>Cloud Pass-Through Trust</name>
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        <name>Macquarie Bank Ltd.</name>
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        <name>National Australia Bank Ltd.</name>
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        <name>Nutrien Ltd.</name>
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        <name>Wells Fargo Commercial Mortgage Trust</name>
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        <name>Banco Santander SA</name>
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        <name>American Honda Finance Corp.</name>
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        <name>Buckhorn Park CLO Ltd.</name>
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        <name>ANZ New Zealand Int'l Ltd.</name>
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        <name>Virginia Electric and Power Co.</name>
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        <name>Nutrien Ltd.</name>
        <lei>5493002QQ7GD21OWF963</lei>
        <title>Nutrien Ltd.</title>
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        <name>Allstate Corp. (The)</name>
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        <name>LCM XXV Ltd.</name>
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      <invstOrSec>
        <name>MassMutual Global Funding II</name>
        <lei>549300K1IE3K7YU6VG29</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>AerCap Ireland Capital DAC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Eversource Energy</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Air Lease Corp.</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Eaton Corp.</name>
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        <title>Eaton Corp.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GoldenTree Loan Management US CLO 12 Ltd.</name>
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        <cusip>38138FAA9</cusip>
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        <balance>4800000.00000000</balance>
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        <invCountry>JE</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
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          <annualizedRt>2.04004080</annualizedRt>
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      <invstOrSec>
        <name>Santander Drive Auto Receivables Trust</name>
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        <balance>2197631.79000000</balance>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-02-18</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>E.ON SE</name>
        <lei>Q9MAIUP40P25UFBFG033</lei>
        <title>E.ON SE</title>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-11-28</maturityDt>
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        <name>Skandinaviska Enskilda Banken AB</name>
        <lei>F3JS33DEI6XQ4ZBPTN86</lei>
        <title>Skandinaviska Enskilda Banken AB</title>
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        <invCountry>SE</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-09-26</maturityDt>
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      <invstOrSec>
        <name>Tesla Auto Lease Trust</name>
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          <isin value="US88167HAC07"/>
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        <balance>3353833.02000000</balance>
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        <fairValLevel>2</fairValLevel>
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        <name>M&amp;T Bank Corp.</name>
        <lei>549300WYXDDBYRASEG81</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Sumitomo Mitsui Financial Group, Inc.</name>
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        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>ACRE Commercial Mortgage Ltd.</name>
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          <isin value="US00489TAA43"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Bank of Nova Scotia (The)</name>
        <lei>L3I9ZG2KFGXZ61BMYR72</lei>
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        <name>Capital One Financial Corp.</name>
        <lei>ZUE8T73ROZOF6FLBAR73</lei>
        <title>Capital One Financial Corp.</title>
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        <name>Hyundai Capital Services, Inc.</name>
        <lei>549300MALMDAGL2ZJJ27</lei>
        <title>Hyundai Capital Services, Inc.</title>
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        <invCountry>KR</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Siemens Financieringsmaatschappij NV</name>
        <lei>TAFO772JB70PDRN5VS48</lei>
        <title>Siemens Financieringsmaatschappij NV</title>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>American Express Co.</name>
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      <invstOrSec>
        <name>Toronto-Dominion Bank (The)</name>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-06-02</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>World Omni Select Auto Trust</name>
        <lei>N/A</lei>
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          <isin value="US98163HAB50"/>
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        <curCd>USD</curCd>
        <valUSD>9750200.54000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-02-18</maturityDt>
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      <invstOrSec>
        <name>Australia &amp; New Zealand Banking Group Ltd.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-11-21</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>KeyBank NA</name>
        <lei>HUX2X73FUCYHUVH1BK78</lei>
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          <isin value="US49327M2T01"/>
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        <balance>5119000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-09-14</maturityDt>
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          <annualizedRt>2.30000000</annualizedRt>
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      <invstOrSec>
        <name>Neuberger Berman Loan Advisers CLO 37 Ltd.</name>
        <lei>5493006JG853WBZS5J73</lei>
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          <isin value="US64133GAR11"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>UBS Group AG</name>
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        <curCd>USD</curCd>
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        <invCountry>CH</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-07-30</maturityDt>
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      <invstOrSec>
        <name>American Express Co.</name>
        <lei>R4PP93JZOLY261QX3811</lei>
        <title>American Express Co.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-12-02</maturityDt>
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      <invstOrSec>
        <name>Wells Fargo &amp; Co.</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
        <title>Wells Fargo &amp; Co.</title>
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          <isin value="US95000U2C66"/>
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        <balance>294000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-01-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.75000000</annualizedRt>
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      <invstOrSec>
        <name>Credit Agricole Corporate and Investment Bank</name>
        <lei>254900BN8XS34XZDJ223</lei>
        <title>Credit Agricole Corporate and Investment Bank</title>
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        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-05-22</maturityDt>
          <couponKind>None</couponKind>
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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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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Toronto-Dominion Bank (The)</name>
        <lei>PT3QB789TSUIDF371261</lei>
        <title>Toronto-Dominion Bank (The)</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-01-13</maturityDt>
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        <name>Conagra Brands, Inc.</name>
        <lei>54930035UDEIH090K650</lei>
        <title>Conagra Brands, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Take-Two Interactive Software, Inc.</name>
        <lei>BOMSTHHJK882EWYX3334</lei>
        <title>Take-Two Interactive Software, Inc.</title>
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        <invCountry>US</invCountry>
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        <name>Federation des Caisses Desjardins du Quebec</name>
        <lei>549300B2Q47IR0CR5B54</lei>
        <title>Federation des Caisses Desjardins du Quebec</title>
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        <curCd>USD</curCd>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>AIG Global Funding</name>
        <lei>54930057MDZ7KOVOTV71</lei>
        <title>AIG Global Funding</title>
        <cusip>00138MAA4</cusip>
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        <balance>48943000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>48561388.98000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-12-15</maturityDt>
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          <annualizedRt>2.66875920</annualizedRt>
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      <invstOrSec>
        <name>Aimco CLO 12 Ltd.</name>
        <lei>N/A</lei>
        <title>Aimco CLO Ltd., Series 2020-12A, Class XR</title>
        <cusip>00140LAF1</cusip>
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          <isin value="US00140LAF13"/>
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        <balance>3800000.00000000</balance>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-17</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.33082080</annualizedRt>
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      <invstOrSec>
        <name>Elmwood CLO X Ltd.</name>
        <lei>N/A</lei>
        <title>Elmwood CLO Ltd., Series 2021-3A, Class A</title>
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        <name>Sumitomo Mitsui Banking Corp.</name>
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        <name>John Deere Capital Corp.</name>
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        <name>Symphony Static CLO I Ltd.</name>
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        <name>BNP Paribas SA</name>
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        <name>Heineken NV</name>
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        <name>Independence Plaza Trust</name>
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        <name>Walt Disney Co. (The)</name>
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        <name>Newark BSL CLO 2 Ltd.</name>
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        <name>Banque Federative du Credit Mutuel SA</name>
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        <name>CVS Health Corp.</name>
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        <name>Svenska Handelsbanken</name>
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        <name>Kroger Co. (The)</name>
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        <name>American Express Co.</name>
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        <name>DTE Energy Co.</name>
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        <name>DNB Bank ASA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>BX Commercial Mortgage Trust</name>
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      <invstOrSec>
        <name>Reliance Standard Life Global Funding II</name>
        <lei>N/A</lei>
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        <name>Wells Fargo &amp; Co.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Charles Schwab Corp. (The)</name>
        <lei>549300VSGCJ7E698NM85</lei>
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        <name>Hyundai Capital America</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Teledyne Technologies, Inc.</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>Hyundai Capital America</name>
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        <name>Bank of Montreal</name>
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        <name>Fifth Third Bancorp</name>
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        <name>Citizens Bank NA</name>
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        <name>KKR CLO 13 Ltd.</name>
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        <name>Oracle Corp.</name>
        <lei>1Z4GXXU7ZHVWFCD8TV52</lei>
        <title>Oracle Corp.</title>
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        <name>Palmer Square Loan Funding Ltd.</name>
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        <name>HSBC Holdings plc</name>
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        <name>Royal Bank of Canada</name>
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        <name>KKR CLO Ltd.</name>
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        <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>KeyBank NA</name>
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        <name>OHA Credit Funding 7 Ltd.</name>
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        <name>Bank of Montreal</name>
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        <name>Symphony CLO XIV Ltd.</name>
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        <name>Brighthouse Financial Global Funding</name>
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        <name>Toyota Motor Credit Corp.</name>
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        <name>Truist Bank</name>
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        <name>Wells Fargo &amp; Co.</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
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        <name>AerCap Ireland Capital DAC</name>
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        <invCountry>IE</invCountry>
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        <name>Commonwealth Bank of Australia</name>
        <lei>MSFSBD3QN1GSN7Q6C537</lei>
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        <name>Elevance Health, Inc.</name>
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        <name>OHA Credit Partners XIII Ltd.</name>
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        <name>Magnetite XIX Ltd.</name>
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        <name>Cooperatieve Rabobank UA</name>
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        <name>AIMCO CLO 10 Ltd.</name>
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        <name>American Electric Power Co., Inc.</name>
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        <name>Humana, Inc.</name>
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        <name>Palmer Square Loan Funding Ltd.</name>
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        <name>Apidos CLO XXIV</name>
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        <name>Benefit Street Partners CLO III Ltd.</name>
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        <name>Dryden 36 Senior Loan Fund</name>
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        <name>PNC Bank NA</name>
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        <name>Caterpillar Financial Services Corp.</name>
        <lei>EDBQKYOPJUCJKLOJDE72</lei>
        <title>Caterpillar Financial Services Corp.</title>
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        <name>Bank of America Corp.</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
        <title>Bank of America Corp.</title>
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        <name>BX Commercial Mortgage Trust</name>
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        <name>Booking Holdings, Inc.</name>
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        <name>Athene Global Funding</name>
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        <name>BNZ International Funding Ltd.</name>
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        <name>NextEra Energy Capital Holdings, Inc.</name>
        <lei>UMI46YPGBLUE4VGNNT48</lei>
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      <invstOrSec>
        <name>Cooperatieve Rabobank UA</name>
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        <title>Cooperatieve Rabobank UA</title>
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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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        <name>TransCanada PipeLines Ltd.</name>
        <lei>5BV01I6231JPDAPMGH09</lei>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ICG US CLO Ltd.</name>
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        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Sumitomo Mitsui Banking Corp.</name>
        <lei>549300MS3WYYVQ4HXM15</lei>
        <title>Sumitomo Mitsui Banking Corp.</title>
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        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Caterpillar Financial Services Corp.</name>
        <lei>EDBQKYOPJUCJKLOJDE72</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Credit Suisse AG</name>
        <lei>549300D0YARF5HYP1809</lei>
        <title>Credit Suisse AG</title>
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        <invCountry>CH</invCountry>
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        <name>National Rural Utilities Cooperative Finance Corp.</name>
        <lei>4NYF266XZC35SCTGX023</lei>
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        <name>Macquarie Bank Ltd.</name>
        <lei>4ZHCHI4KYZG2WVRT8631</lei>
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        <name>Lloyds Banking Group plc</name>
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        <name>Citizens Bank NA</name>
        <lei>DRMSV1Q0EKMEXLAU1P80</lei>
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        <name>BX Commercial Mortgage Trust</name>
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      <invstOrSec>
        <name>Bank of Nova Scotia (The)</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Metropolitan Life Global Funding I</name>
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      <invstOrSec>
        <name>Sculptor CLO XXVII Ltd.</name>
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      <invstOrSec>
        <name>Carvana Auto Receivables Trust</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-04-10</maturityDt>
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      <invstOrSec>
        <name>Hyundai Capital America</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>Voya CLO Ltd.</name>
        <lei>54930085W413OSH6FR69</lei>
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        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>Venture 43 CLO Ltd.</name>
        <lei>549300OLN5VHTMLSN650</lei>
        <title>Venture CLO Ltd., Series 2021-43A, Class X</title>
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        <balance>5000000.00000000</balance>
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        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-04-15</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Toyota Motor Credit Corp.</name>
        <lei>Z2VZBHUMB7PWWJ63I008</lei>
        <title>Toyota Motor Credit Corp.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-07-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.03000120</annualizedRt>
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      <invstOrSec>
        <name>Phillips 66</name>
        <lei>5493005JBO5YSIGK1814</lei>
        <title>Phillips 66</title>
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        <balance>5000000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Credit Suisse AG</name>
        <lei>549300D0YARF5HYP1809</lei>
        <title>Credit Suisse AG</title>
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        <balance>8715000.00000000</balance>
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        <invCountry>CH</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>APA Infrastructure Ltd.</name>
        <lei>261700SS8OEHDOCOUJ33</lei>
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        <invCountry>AU</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-03-23</maturityDt>
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          <annualizedRt>4.20000000</annualizedRt>
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        <name>BX Trust</name>
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          <isin value="US05609BCD91"/>
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        <name>Svensk Exportkredit AB</name>
        <lei>1FOLRR5RWTWWI397R131</lei>
        <title>Svensk Exportkredit AB</title>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>SE</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
          <annualizedRt>3.27092040</annualizedRt>
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      <invstOrSec>
        <name>Enbridge US, Inc.</name>
        <lei>5493003FRODSVHJWFS32</lei>
        <title>Enbridge US, Inc.</title>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>Citigroup Commercial Mortgage Trust</name>
        <lei>N/A</lei>
        <title>Citigroup Commercial Mortgage Trust, Series 2018-B2, Class A2</title>
        <cusip>17327FAB2</cusip>
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          <isin value="US17327FAB22"/>
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        <balance>6000000.00000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>3.78800000</annualizedRt>
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        <name>Mercedes-Benz Finance North America LLC</name>
        <lei>549300423Z16BB673J12</lei>
        <title>Mercedes-Benz Finance North America LLC</title>
        <cusip>233851DD3</cusip>
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          <isin value="US233851DD33"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>249576.42000000</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>2023-02-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.35000000</annualizedRt>
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        <name>BX Trust</name>
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        <name>CarMax Auto Owner Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Nordea Bank Abp</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Kia Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>NextEra Energy Capital Holdings, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>National Australia Bank Ltd.</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>Skandinaviska Enskilda Banken AB</name>
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        <invCountry>SE</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>International Business Machines Corp.</name>
        <lei>VGRQXHF3J8VDLUA7XE92</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>UBS Group AG</name>
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        <invCountry>CH</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Sumitomo Mitsui Banking Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Aimco CLO 12 Ltd.</name>
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        <name>Volkswagen Group of America Finance LLC</name>
        <lei>5493002SQ1AVQBY41K40</lei>
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        <name>BX Commercial Mortgage Trust</name>
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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>CarMax Auto Owner Trust</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Madison Park Funding XXXVI Ltd.</name>
        <lei>N/A</lei>
        <title>Madison Park Funding Ltd., Series 2019-36A, Class X</title>
        <cusip>55819PAL3</cusip>
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        <balance>1750000.00000000</balance>
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        <invCountry>KY</invCountry>
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        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2035-04-15</maturityDt>
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      <invstOrSec>
        <name>Bank of Montreal</name>
        <lei>NQQ6HPCNCCU6TUTQYE16</lei>
        <title>Bank of Montreal</title>
        <cusip>06368EA44</cusip>
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        <name>KNDL Mortgage Trust</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Laboratory Corp. of America Holdings</name>
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        <name>Fifth Third Bancorp</name>
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        <name>Raytheon Technologies Corp.</name>
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        <name>Bank of Nova Scotia</name>
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        <name>Carlisle Cos., Inc.</name>
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      <invstOrSec>
        <name>Galaxy XV CLO Ltd.</name>
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        <name>DNB Bank ASA</name>
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        <name>Protective Life Global Funding</name>
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        <name>Carvana Auto Receivables Trust</name>
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        <name>Societe Generale SA</name>
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        <name>Mizuho Financial Group, Inc.</name>
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        <name>NVIDIA Corp.</name>
        <lei>549300S4KLFTLO7GSQ80</lei>
        <title>NVIDIA Corp.</title>
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        <name>Oracle Corp.</name>
        <lei>1Z4GXXU7ZHVWFCD8TV52</lei>
        <title>Oracle Corp.</title>
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        <name>Macquarie Bank Ltd.</name>
        <lei>4ZHCHI4KYZG2WVRT8631</lei>
        <title>Macquarie Bank Ltd.</title>
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        <invCountry>AU</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Thermo Fisher Scientific, Inc.</name>
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        <name>Australia &amp; New Zealand Banking Group Ltd.</name>
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        <name>Barclays Bank plc</name>
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        <name>Credit Agricole SA</name>
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        <name>Macquarie Bank Ltd.</name>
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        <name>Raytheon Technologies Corp.</name>
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        <name>Atmos Energy Corp.</name>
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        <name>Nationwide Building Society</name>
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        <name>Hyundai Capital America</name>
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        <name>Natixis SA</name>
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        <name>Caterpillar Financial Services Corp.</name>
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        <name>General Motors Financial Co., Inc.</name>
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        <name>Zoetis, Inc.</name>
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        <name>JPMorgan U.S. Government Money Market Fund</name>
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        <name>Sumitomo Mitsui Financial Group, Inc.</name>
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        <name>Humana, Inc.</name>
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        <title>Humana, Inc.</title>
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        <name>Burlington Northern Santa Fe LLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Toronto-Dominion Bank</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Magnetite XVI Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Engie SA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>DBGS Mortgage Trust</name>
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        <name>Elevance Health, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Westlake Automobile Receivables Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Bank of America Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Coca-Cola Europacific Partners plc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Marsh &amp; McLennan Cos., Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Mizuho Financial Group, Inc.</name>
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        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Citigroup Global Markets, Inc.</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Cooperatieve Centrale Raiffeisen-Boerenleenbank BA</name>
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        <title>Cooperatieve Rabobank UA</title>
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        <invCountry>NL</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>CarMax Auto Owner Trust</name>
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        <name>AutoZone, Inc.</name>
        <lei>GA3JGKJ41LJKXDN23E90</lei>
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        <name>Standard Chartered plc</name>
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        <name>Magnetite XXV Ltd.</name>
        <lei>549300WFCL37N4TDUR08</lei>
        <title>Magnetite Ltd., Series 2020-25A, Class A</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Oversea-Chinese Banking Corp. Ltd.</name>
        <lei>5493007O3QFXCPOGWK22</lei>
        <title>Oversea-Chinese Banking Corp. Ltd.</title>
        <cusip>69033MQ67</cusip>
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        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Canadian Natural Resources Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Enel Finance America LLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Svenska Handelsbanken</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>HSBC USA, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Humana, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-12-01</maturityDt>
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      <invstOrSec>
        <name>Hyundai Capital America</name>
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        <title>Hyundai Capital America</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Bank of Montreal</name>
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        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-07-21</maturityDt>
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      <invstOrSec>
        <name>Societe Generale SA</name>
        <lei>O2RNE8IBXP4R0TD8PU41</lei>
        <title>Societe Generale SA</title>
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        <curCd>USD</curCd>
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        <invCountry>FR</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-03-28</maturityDt>
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      <invstOrSec>
        <name>CenterPoint Energy Resources Corp.</name>
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        <title>CenterPoint Energy Resources Corp.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Longfellow Place CLO Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Union Pacific Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>American Honda Finance Corp.</name>
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        <title>American Honda Finance Corp.</title>
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        <name>Standard Chartered Bank</name>
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        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Oracle Corp.</name>
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        <title>Oracle Corp.</title>
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        <name>Mitsubishi UFJ Financial Group, Inc.</name>
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        <name>Credit Agricole SA</name>
        <lei>969500TJ5KRTCJQWXH05</lei>
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        <name>Emera US Finance LP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Wells Fargo Commercial Mortgage Trust</name>
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      <invstOrSec>
        <name>ONE Gas, Inc.</name>
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        <name>Mondelez International Holdings Netherlands BV</name>
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      <invstOrSec>
        <name>GS Mortgage Securities Corp. Trust</name>
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          <isin value="US36260XAA46"/>
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      <invstOrSec>
        <name>Reliance Standard Life Global Funding II</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Natixis SA</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Banco Santander SA</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Bristol-Myers Squibb Co.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>HSBC Bank USA NA</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-08-10</maturityDt>
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      <invstOrSec>
        <name>Cooperatieve Rabobank UA</name>
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        <title>Cooperatieve Rabobank UA</title>
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        <fairValLevel>2</fairValLevel>
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        <name>TransCanada PipeLines Ltd.</name>
        <lei>5BV01I6231JPDAPMGH09</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Bank of New York Mellon Corp. (The)</name>
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        <name>Standard Chartered Bank</name>
        <lei>RILFO74KP1CM8P6PCT96</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Westpac Securities NZ Ltd.</name>
        <lei>549300W0N3O6Q4RCKE25</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Sumitomo Mitsui Banking Corp.</name>
        <lei>549300MS3WYYVQ4HXM15</lei>
        <title>Sumitomo Mitsui Banking Corp.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Marlette Funding Trust</name>
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      <invstOrSec>
        <name>Palmer Square Loan Funding Ltd.</name>
        <lei>N/A</lei>
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        <invCountry>KY</invCountry>
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      <invstOrSec>
        <name>Principal Life Global Funding II</name>
        <lei>635400WSLKBQWSOIIT41</lei>
        <title>Principal Life Global Funding II</title>
        <cusip>74256LED7</cusip>
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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>Sherwin-Williams Co. (The)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Equitable Financial Life Global Funding</name>
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        <name>ONE Gas, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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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>
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        <name>Enterprise Products Operating LLC</name>
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        <name>Chevron Phillips Chemical Co. LLC</name>
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        <name>Reliance Standard Life Global Funding II</name>
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        <name>Glencore Finance Canada Ltd.</name>
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        <name>Jackson National Life Global Funding</name>
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        <name>Neuberger Berman CLO XV</name>
        <lei>549300UTI4Y2IA4RUP16</lei>
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        <name>Morgan Stanley</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>Morgan Stanley</title>
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        <name>AmerisourceBergen Corp.</name>
        <lei>AI8GXW8LG5WK7E9UD086</lei>
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      <invstOrSec>
        <name>Magnetite XVII Ltd.</name>
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      <invstOrSec>
        <name>Banco Santander SA</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Benchmark Mortgage Trust</name>
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        <name>KKR CLO Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Lloyds Bank Corporate Markets plc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Wells Fargo &amp; Co.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Jackson National Life Global Funding</name>
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        <name>Westpac Securities NZ Ltd.</name>
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        <name>Federation des Caisses Desjardins du Quebec</name>
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        <name>Canadian Imperial Bank of Commerce</name>
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        <name>Carvana Auto Receivables Trust</name>
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        <name>AbbVie, Inc.</name>
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        <name>KeyBank NA</name>
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        <name>Toyota Motor Credit Corp.</name>
        <lei>Z2VZBHUMB7PWWJ63I008</lei>
        <title>Toyota Motor Credit Corp.</title>
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        <name>KKR CLO Ltd.</name>
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        <name>Bank of America Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Standard Chartered Bank</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Fox Corp.</name>
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        <name>PNC Financial Services Group, Inc. (The)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>OCP CLO Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Atlas Senior Loan Fund Ltd.</name>
        <lei>N/A</lei>
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        <cusip>04943EAA9</cusip>
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          <isin value="US04943EAA91"/>
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        <fairValLevel>3</fairValLevel>
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        <name>UBS Group AG</name>
        <lei>549300SZJ9VS8SGXAN81</lei>
        <title>UBS Group AG</title>
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        <invCountry>CH</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>Citigroup Global Markets Holdings, Inc.</name>
        <lei>82VOJDD5PTRDMVVMGV31</lei>
        <title>Citigroup Global Markets Holdings, Inc.</title>
        <cusip>17329FXG4</cusip>
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          <isin value="US17329FXG44"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Carlyle Global Market Strategies CLO Ltd.</name>
        <lei>N/A</lei>
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        <cusip>14311DBN5</cusip>
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        <name>BXMT 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>2037-11-15</maturityDt>
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          <annualizedRt>3.49701120</annualizedRt>
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      <invstOrSec>
        <name>Mitsubishi UFJ Trust &amp; Banking Corp.</name>
        <lei>JBONEPAGQXF4QP29B387</lei>
        <title>Mitsubishi UFJ Trust &amp; Banking Corp.</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-03-03</maturityDt>
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        <name>Principal Financial Group, Inc.</name>
        <lei>CUMYEZJOAF02RYZ1JJ85</lei>
        <title>Principal Financial Group, Inc.</title>
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        <name>Benefit Street Partners CLO X Ltd.</name>
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        <cusip>08181LAS6</cusip>
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        <name>NatWest Markets plc</name>
        <lei>RR3QWICWWIPCS8A4S074</lei>
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        <name>New York Life Global Funding</name>
        <lei>635400DPNHEAUHB7ZI15</lei>
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          <maturityDt>2023-05-05</maturityDt>
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          <annualizedRt>1.10000000</annualizedRt>
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        <name>JPMorgan U.S. Government Money Market Fund</name>
        <lei>8I5DZWZKVSZI1NUHU748</lei>
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        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
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        <name>AIG Global Funding</name>
        <lei>54930057MDZ7KOVOTV71</lei>
        <title>AIG Global Funding</title>
        <cusip>00138CAM0</cusip>
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          <isin value="US00138CAM01"/>
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        <balance>8310000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8107568.40000000</valUSD>
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        <name>GoldenTree Loan Management US CLO 14 Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>LCM XXIV Ltd.</name>
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        <name>Sumitomo Mitsui Trust Bank Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Magnetite VIII Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Capital One Financial Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>E.ON SE</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-11-25</maturityDt>
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        <name>PNC Financial Services Group, Inc. (The)</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>3.50000000</annualizedRt>
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        <name>National Bank of Canada</name>
        <lei>BSGEFEIOM18Y80CKCV46</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-02-01</maturityDt>
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          <annualizedRt>2.10000000</annualizedRt>
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        <name>Canadian Imperial Bank of Commerce</name>
        <lei>2IGI19DL77OX0HC3ZE78</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-07-26</maturityDt>
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          <annualizedRt>0.00000000</annualizedRt>
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        <name>Bunge Ltd. Finance Corp.</name>
        <lei>549300QHC068L40NNM71</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-09-25</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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        <name>Credit Suisse AG</name>
        <lei>549300D0YARF5HYP1809</lei>
        <title>Credit Suisse AG</title>
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        <balance>50000000.00000000</balance>
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        <invCountry>CH</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-08-09</maturityDt>
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        <name>Credit Industriel et Commercial</name>
        <lei>N4JDFKKH2FTD8RKFXO39</lei>
        <title>Credit Industriel et Commercial</title>
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        <balance>20180000.00000000</balance>
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        <invCountry>FR</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-02-09</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <name>Schlumberger Finance Canada Ltd.</name>
        <lei>549300P4EXZFF0LRNF59</lei>
        <title>Schlumberger Finance Canada Ltd.</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-11-20</maturityDt>
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        <name>Svenska Handelsbanken AB</name>
        <lei>NHBDILHZTYCNBV5UYZ31</lei>
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        <balance>86648000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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        <name>Newark BSL CLO 1 Ltd.</name>
        <lei>549300R0C043JWD1XY94</lei>
        <title>Newark BSL CLO Ltd., Series 2016-1A, Class A1R</title>
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        <curCd>USD</curCd>
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        <name>Toronto-Dominion Bank</name>
        <lei>PT3QB789TSUIDF371261</lei>
        <title>Toronto-Dominion Bank (The)</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-07-18</maturityDt>
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          <annualizedRt>4.07000000</annualizedRt>
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        <name>Hyundai Capital America</name>
        <lei>549300RIPPWJB5Z0FK07</lei>
        <title>Hyundai Capital America</title>
        <cusip>44891AAW7</cusip>
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        <balance>837000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>838088.64000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-06-08</maturityDt>
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      <invstOrSec>
        <name>Bank of America Corp.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NatWest Markets plc</name>
        <lei>RR3QWICWWIPCS8A4S074</lei>
        <title>NatWest Markets plc</title>
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        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>OCP CLO Ltd.</name>
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          <isin value="US670881AL58"/>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-10-20</maturityDt>
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      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>Morgan Stanley</title>
        <cusip>61747YEA9</cusip>
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          <isin value="US61747YEA91"/>
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        <balance>25000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>23368853.75000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-05-30</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.78999840</annualizedRt>
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      <invstOrSec>
        <name>Apidos CLO XXXI</name>
        <lei>549300IG6PHVJ3WBR394</lei>
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          <isin value="US03767VAG32"/>
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        <balance>28565000.00000000</balance>
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        <curCd>USD</curCd>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CIFC Funding Ltd.</name>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-16</maturityDt>
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          <annualizedRt>3.92028840</annualizedRt>
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      <invstOrSec>
        <name>Svenska Handelsbanken</name>
        <lei>NHBDILHZTYCNBV5UYZ31</lei>
        <title>Svenska Handelsbanken</title>
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          <isin value="US86959RYG90"/>
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        <balance>171141000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>169498618.01000000</valUSD>
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        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-03-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>National Australia Bank Ltd.</name>
        <lei>F8SB4JFBSYQFRQEH3Z21</lei>
        <title>National Australia Bank Ltd.</title>
        <cusip>63254GUP8</cusip>
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          <isin value="US63254GUP89"/>
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        <balance>193244000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>193310622.80000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-01-03</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.76999840</annualizedRt>
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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="US78015K7K46"/>
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        <balance>33530000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>33346270.02000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-10-26</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.73490920</annualizedRt>
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        <name>Eversource Energy</name>
        <lei>SJ7XXD41SQU3ZNWUJ746</lei>
        <title>Eversource Energy, Series N</title>
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          <isin value="US30040WAG33"/>
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        <balance>174000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>173237.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.80000000</annualizedRt>
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      <invstOrSec>
        <name>LCM XX LP</name>
        <lei>549300VQTTD2PAP2Y421</lei>
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        <cusip>50188WAE8</cusip>
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          <isin value="US50188WAE84"/>
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        <balance>8658790.92000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8591607.36000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-10-20</maturityDt>
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          <annualizedRt>3.74986080</annualizedRt>
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        <name>Goldman Sachs Group, Inc. (The)</name>
        <lei>784F5XWPLTWKTBV3E584</lei>
        <title>Goldman Sachs Group, Inc. (The)</title>
        <cusip>38141GXL3</cusip>
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          <isin value="US38141GXL30"/>
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        <curCd>USD</curCd>
        <valUSD>33117110.70000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-11-17</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.62699840</annualizedRt>
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      <invstOrSec>
        <name>522 Funding CLO Ltd.</name>
        <lei>N/A</lei>
        <title>522 Funding CLO Ltd., Series 2019-4A, Class AR</title>
        <cusip>33834WAA0</cusip>
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          <isin value="US33834WAA09"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

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        <debtSec>
          <maturityDt>2030-04-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.78986040</annualizedRt>
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      <invstOrSec>
        <name>Canadian Imperial Bank of Commerce</name>
        <lei>2IGI19DL77OX0HC3ZE78</lei>
        <title>Canadian Imperial Bank of Commerce</title>
        <cusip>13608BS21</cusip>
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        <balance>98836000.00000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-05-02</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
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      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>Morgan Stanley</title>
        <cusip>61747YEQ4</cusip>
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        <balance>95300000.00000000</balance>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-04-17</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.62000160</annualizedRt>
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      <invstOrSec>
        <name>TransCanada PipeLines Ltd.</name>
        <lei>5BV01I6231JPDAPMGH09</lei>
        <title>TransCanada PipeLines Ltd.</title>
        <cusip>89355QL79</cusip>
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          <isin value="US89355QL799"/>
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        <balance>36470000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>36255827.74000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-11-07</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Shire Acquisitions Investments Ireland DAC</name>
        <lei>549300XK5HGW68R8K327</lei>
        <title>Shire Acquisitions Investments Ireland DAC</title>
        <cusip>82481LAC3</cusip>
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          <isin value="US82481LAC37"/>
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        <balance>130000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>128260.58000000</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>2023-09-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.87500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>National Australia Bank Ltd.</name>
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      <invstOrSec>
        <name>CBAM Ltd.</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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      <invstOrSec>
        <name>Triton Container International Ltd.</name>
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        <invCountry>BM</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-08-01</maturityDt>
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      <invstOrSec>
        <name>Woori Bank</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Enel Finance America LLC</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-01-20</maturityDt>
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      <invstOrSec>
        <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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          <maturityDt>2022-11-09</maturityDt>
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      <invstOrSec>
        <name>Lloyds Banking Group plc</name>
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        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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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>State Street Corp.</name>
        <lei>549300ZFEEJ2IP5VME73</lei>
        <title>State Street Corp.</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>N/A</name>
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      <invstOrSec>
        <name>BNZ International Funding Ltd.</name>
        <lei>549300HVMZ89HDMELW08</lei>
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        <name>DuPont de Nemours, Inc.</name>
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        <name>Morgan Stanley Capital I Trust</name>
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        <name>Volvo Group Treasury US, Inc.</name>
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        <name>Brighthouse Financial Global Funding</name>
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        <name>GM Financial Automobile Leasing Trust</name>
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      <invstOrSec>
        <name>Bank of Montreal</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Palmer Square Loan Funding Ltd.</name>
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      <invstOrSec>
        <name>Toronto-Dominion Bank (The)</name>
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        <name>NTT Finance Corp.</name>
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        <name>Federation des Caisses Desjardins du Quebec</name>
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        <name>Bain Capital Credit CLO</name>
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        <name>Ballyrock CLO Ltd.</name>
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        <name>Principal Life Global Funding II</name>
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        <name>Toyota Motor Credit Corp.</name>
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        <name>KEB Hana Bank USA</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>Skandinaviska Enskilda Banken AB</name>
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        <name>Royal Bank of Canada</name>
        <lei>ES7IP3U3RHIGC71XBU11</lei>
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        <name>Gilead Sciences, Inc.</name>
        <lei>549300WTZWR07K8MNV44</lei>
        <title>Gilead Sciences, Inc.</title>
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        <name>Sumitomo Mitsui Banking Corp.</name>
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        <name>Altria Group, Inc.</name>
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        <name>Venture CLO Ltd.</name>
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        <name>Jackson National Life Global Funding</name>
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        <name>Citigroup, Inc.</name>
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        <name>Credit Suisse Mortgage Capital Certificates</name>
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        <name>Enel Finance America LLC</name>
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        <name>KKR CLO Ltd.</name>
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        <name>Banco Santander SA</name>
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        <name>Daimler Trucks Finance North America LLC</name>
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        <name>Barclays plc</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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      <invstOrSec>
        <name>Credit Suisse AG</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Saudi Arabian Oil Co.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Royal Bank of Canada</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Sumitomo Mitsui Banking Corp.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Symphony CLO XXIV Ltd.</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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      <invstOrSec>
        <name>Exeter Automobile Receivables Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Mizuho Bank Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Carlyle Global Market Strategies CLO Ltd.</name>
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        <name>Dryden Senior Loan Fund</name>
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        <name>Venture 33 CLO Ltd.</name>
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        <name>Bank of Montreal</name>
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        <name>Glencore Funding LLC</name>
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        <name>UBS Commercial Mortgage Trust</name>
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        <name>Hyundai Capital America</name>
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        <name>Palmer Square Loan Funding Ltd.</name>
        <lei>N/A</lei>
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        <name>Protective Life Global Funding</name>
        <lei>635400EVYITCJYWL2I50</lei>
        <title>Protective Life Global Funding</title>
        <cusip>74368CBD5</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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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>Banque Federative du Credit Mutuel SA</name>
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        <name>Anchorage Capital CLO 9 Ltd.</name>
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      <invstOrSec>
        <name>Citigroup Commercial Mortgage Trust</name>
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        <name>MUFG Union Bank NA</name>
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      <invstOrSec>
        <name>Enel Finance America LLC</name>
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        <name>Equinor ASA</name>
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      <invstOrSec>
        <name>Volkswagen Group of America Finance LLC</name>
        <lei>5493002SQ1AVQBY41K40</lei>
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        <name>Mitsubishi UFJ Financial Group, Inc.</name>
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        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Atmos Energy Corp.</name>
        <lei>QVLWEGTD2S8GJMO8D383</lei>
        <title>Atmos Energy Corp.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-03-09</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Standard Chartered plc</name>
        <lei>U4LOSYZ7YG4W3S5F2G91</lei>
        <title>Standard Chartered plc</title>
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        <balance>58195000.00000000</balance>
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        <invCountry>GB</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Sydney Airport Finance Co. Pty. Ltd.</name>
        <lei>549300MJAANHLHOVTO40</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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        <name>Citigroup, Inc.</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
        <title>Citigroup, Inc.</title>
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        <name>HSBC USA, Inc.</name>
        <lei>549300LBOHZ4QSIWU288</lei>
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        <name>American Express Co.</name>
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        <name>BMW Vehicle Lease Trust</name>
        <lei>N/A</lei>
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          <maturityDt>2023-11-27</maturityDt>
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        <name>First Republic Bank</name>
        <lei>YWC0TIKBQM2JV8L4IV08</lei>
        <title>First Republic Bank</title>
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        <name>NTT Finance Corp.</name>
        <lei>3538007PR116187GD960</lei>
        <title>NTT Finance Corp.</title>
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        <balance>320000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.58300000</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>Equitable Financial Life Global Funding</name>
        <lei>635400B4JJBON4TCHF02</lei>
        <title>Equitable Financial Life Global Funding</title>
        <cusip>29449WAH0</cusip>
        <identifiers>
          <isin value="US29449WAH07"/>
        </identifiers>
        <balance>63649000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>63557992.11000000</valUSD>
        <pctVal>0.296166884254</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-04-06</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.68705080</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>Morgan Stanley</title>
        <cusip>6174468W2</cusip>
        <identifiers>
          <isin value="US6174468W28"/>
        </identifiers>
        <balance>8363000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>8234045.30000000</valUSD>
        <pctVal>0.038368920419</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-01-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.52899840</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>LCM 29 Ltd.</name>
        <lei>N/A</lei>
        <title>LCM Ltd., Series 29A, Class AR</title>
        <cusip>50201MAQ6</cusip>
        <identifiers>
          <isin value="US50201MAQ69"/>
        </identifiers>
        <balance>20000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>19657100.00000000</valUSD>
        <pctVal>0.091597954359</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.58200000</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>Bank of America Corp.</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
        <title>Bank of America Corp.</title>
        <cusip>06051GHR3</cusip>
        <identifiers>
          <isin value="US06051GHR39"/>
        </identifiers>
        <balance>2392000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2352718.67000000</valUSD>
        <pctVal>0.010963174494</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-03-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.45800160</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>Standard Chartered plc</name>
        <lei>U4LOSYZ7YG4W3S5F2G91</lei>
        <title>Standard Chartered plc</title>
        <cusip>853254BV1</cusip>
        <identifiers>
          <isin value="US853254BV15"/>
        </identifiers>
        <balance>16742000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>16670436.49000000</valUSD>
        <pctVal>0.077680730156</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-10-14</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.31900040</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>Enbridge, Inc.</name>
        <lei>98TPTUM4IVMFCZBCUR27</lei>
        <title>Enbridge, Inc.</title>
        <cusip>29250NBD6</cusip>
        <identifiers>
          <isin value="US29250NBD66"/>
        </identifiers>
        <balance>22769000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>22695888.74000000</valUSD>
        <pctVal>0.105758071178</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-02-17</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.68210080</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>Southern Natural Gas Co. LLC</name>
        <lei>N/A</lei>
        <title>Southern Natural Gas Co. LLC</title>
        <cusip>84346LAC4</cusip>
        <identifiers>
          <isin value="US84346LAC46"/>
        </identifiers>
        <balance>4600000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4482983.36000000</valUSD>
        <pctVal>0.020889760198</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-04-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.62500000</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>Leidos, Inc.</name>
        <lei>5493006I78VIN6J1BQ95</lei>
        <title>Leidos, Inc.</title>
        <cusip>52532XAB1</cusip>
        <identifiers>
          <isin value="US52532XAB10"/>
        </identifiers>
        <balance>46063000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>45636032.84000000</valUSD>
        <pctVal>0.212654320995</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>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>2616564.50000000</valUSD>
        <pctVal>0.012192640605</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>25679510.74000000</valUSD>
        <pctVal>0.119661122583</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>
    <explntrNotes>








    </explntrNotes>
    <signature>
      <ncom:dateSigned>2022-09-30</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>
