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      <invstOrSec>
        <name>CMS Energy Corp.</name>
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      <invstOrSec>
        <name>Takeda Pharmaceutical Co. Ltd.</name>
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      <invstOrSec>
        <name>Centrica plc</name>
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        <name>Banco Santander SA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>GM Financial Consumer Automobile Receivables Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Dryden 41 Senior Loan Fund</name>
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      <invstOrSec>
        <name>Quanta Services, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Rabobank International</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ING Groep NV</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Atlas Senior Loan Fund XIII</name>
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        <name>Banco Santander SA</name>
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        <name>National Bank of Canada</name>
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        <name>Lloyds Bank Corporate Markets plc</name>
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        <name>Athene Global Funding</name>
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        <name>MUFG Bank Ltd.</name>
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        <name>Glencore Funding LLC</name>
        <lei>213800STG1QDNBY87K49</lei>
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        <name>Air Liquide Finance SA</name>
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        <title>Air Liquide Finance SA</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Entergy Corp.</name>
        <lei>4XM3TW50JULSLG8BNC79</lei>
        <title>Entergy Corp.</title>
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        <name>Fiserv, Inc.</name>
        <lei>GI7UBEJLXYLGR2C7GV83</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Constellation Brands, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Westlake Corp.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-08-15</maturityDt>
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        <name>UBS AG</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Equitable Financial Life Global Funding</name>
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        <name>EIDP, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-12-01</maturityDt>
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        <name>Hyundai Capital America</name>
        <lei>549300RIPPWJB5Z0FK07</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-07-11</maturityDt>
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        <name>Pricoa Global Funding I</name>
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          <maturityDt>2026-08-28</maturityDt>
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        <name>Enterprise Fleet Financing LLC</name>
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        <name>Westlake Corp.</name>
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        <name>KeyBank NA</name>
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        <name>Benefit Street Partners CLO II Ltd.</name>
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        <name>General Motors Financial Co., Inc.</name>
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        <name>Intercontinental Exchange, Inc.</name>
        <lei>5493000F4ZO33MV32P92</lei>
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        <name>NextEra Energy Capital Holdings, Inc.</name>
        <lei>UMI46YPGBLUE4VGNNT48</lei>
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        <name>Ballyrock CLO Ltd.</name>
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      <invstOrSec>
        <name>John Deere Capital Corp.</name>
        <lei>E0KSF7PFQ210NWI8Z391</lei>
        <title>John Deere Capital Corp.</title>
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      <invstOrSec>
        <name>Siemens Financieringsmaatschappij NV</name>
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        <name>Neuberger Berman Loan Advisers CLO 26 Ltd.</name>
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        <name>Spectra Energy Partners LP</name>
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        <name>Natixis SA</name>
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        <invCountry>FR</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-11-17</maturityDt>
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        <name>Florida Power &amp; Light Co.</name>
        <lei>A89MY1K3YLIGJMYWVX50</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-01-12</maturityDt>
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        <name>Bayer US Finance LLC</name>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-10-08</maturityDt>
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          <annualizedRt>3.37500000</annualizedRt>
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        <name>Morgan Stanley</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-01-28</maturityDt>
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        <name>National Australia Bank Ltd.</name>
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        <invCountry>AU</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-12-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <name>Fidelity National Information Services, Inc.</name>
        <lei>6WQI0GK1PRFVBA061U48</lei>
        <title>Fidelity National Information Services, Inc.</title>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.60000000</annualizedRt>
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        <name>Cox Communications, Inc.</name>
        <lei>5493001NEDZNIFRP2R92</lei>
        <title>Cox Communications, Inc.</title>
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        <balance>515000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>484496.58000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-09-15</maturityDt>
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          <annualizedRt>3.35000000</annualizedRt>
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        <name>Harriman Park CLO Ltd.</name>
        <lei>N/A</lei>
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        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Daimler Truck Finance North America LLC</name>
        <lei>5493003HSDTSCZRXBA58</lei>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-12-14</maturityDt>
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          <annualizedRt>2.00000000</annualizedRt>
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        <name>TransCanada PipeLines Ltd.</name>
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        <invCountry>CA</invCountry>
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        <name>Standard Chartered plc</name>
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        <invCountry>GB</invCountry>
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        <name>Svenska Handelsbanken AB</name>
        <lei>NHBDILHZTYCNBV5UYZ31</lei>
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        <name>VMware, Inc.</name>
        <lei>549300BUDHS3LRWBE814</lei>
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        <invCountry>US</invCountry>
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        <name>Mizuho Markets Cayman LP</name>
        <lei>549300KHUXLS6Q30KT26</lei>
        <title>Mizuho Markets Cayman LP</title>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-01-17</maturityDt>
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      <invstOrSec>
        <name>Credit Industriel et Commercial</name>
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      <invstOrSec>
        <name>Evergy, Inc.</name>
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      <invstOrSec>
        <name>Energy Transfer LP</name>
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        <name>NextEra Energy Capital Holdings, Inc.</name>
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        <name>Standard Chartered Bank</name>
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        <title>Standard Chartered Bank</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-02-21</maturityDt>
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      <invstOrSec>
        <name>Westlake Automobile Receivables Trust</name>
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        <name>Volkswagen Group of America Finance LLC</name>
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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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      <invstOrSec>
        <name>MUFG Bank Ltd.</name>
        <lei>C3GTMMZIHMY46P4OIX74</lei>
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        <invCountry>JP</invCountry>
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        <name>Citibank NA</name>
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        <name>NatWest Group plc</name>
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        <name>NextEra Energy Capital Holdings, Inc.</name>
        <lei>UMI46YPGBLUE4VGNNT48</lei>
        <title>NextEra Energy Capital Holdings, Inc.</title>
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        <name>Bank of America Corp.</name>
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        <name>Australia &amp; New Zealand Banking Group Ltd.</name>
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        <name>Cooperatieve Rabobank UA</name>
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        <invCountry>NL</invCountry>
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        <name>HSBC USA, Inc.</name>
        <lei>549300LBOHZ4QSIWU288</lei>
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        <name>BPCE SA</name>
        <lei>9695005MSX1OYEMGDF46</lei>
        <title>BPCE SA</title>
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        <balance>7000000.00000000</balance>
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        <invCountry>FR</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-10-20</maturityDt>
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        <name>Bell Canada Coupon STRIPS</name>
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        <name>Sound Point CLO II Ltd.</name>
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        <name>WEC Energy Group, Inc.</name>
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        <name>TCI-Symphony CLO Ltd.</name>
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      <invstOrSec>
        <name>American Tower Corp.</name>
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        <name>Consolidated Edison, Inc.</name>
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        <name>EIDP, Inc.</name>
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        <name>Mizuho Financial Group, Inc.</name>
        <lei>353800CI5L6DDAN5XZ33</lei>
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        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Australia &amp; New Zealand Banking Group Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Hyundai Capital America</name>
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        <name>New York Life Global Funding</name>
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        <name>Volkswagen Group of America Finance LLC</name>
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        <name>Element Fleet Management Corp.</name>
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        <name>Athene Global Funding</name>
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        <name>Principal Life Global Funding II</name>
        <lei>635400WSLKBQWSOIIT41</lei>
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        <name>Brighthouse Financial Global Funding</name>
        <lei>549300BLFX3KJ2IFOA78</lei>
        <title>Brighthouse Financial Global Funding</title>
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        <name>Hyundai Capital America</name>
        <lei>549300RIPPWJB5Z0FK07</lei>
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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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      <invstOrSec>
        <name>Capital One Financial Corp.</name>
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        <name>Banco Santander Chile</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Laboratory Corp. of America Holdings</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>General Dynamics Corp.</name>
        <lei>9C1X8XOOTYY2FNYTVH06</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Penske Truck Leasing Co. LP</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-11-01</maturityDt>
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          <annualizedRt>2.70000000</annualizedRt>
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      <invstOrSec>
        <name>Kookmin Bank</name>
        <lei>549300XXMOJSIW8P4769</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>American Express Co.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Volkswagen Auto Loan Enhanced Trust</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Neuberger Berman CLO XVI-S Ltd.</name>
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        <name>Sumitomo Mitsui Trust Bank Ltd.</name>
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        <name>Anchorage Capital CLO Ltd.</name>
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        <name>Bank of Montreal</name>
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        <name>ING Groep NV</name>
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        <name>Sumitomo Mitsui Banking Corp.</name>
        <lei>5U0XI89JRFVHWIBS4F54</lei>
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        <name>Volkswagen Group of America Finance LLC</name>
        <lei>5493002SQ1AVQBY41K40</lei>
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        <name>Bank of Montreal</name>
        <lei>NQQ6HPCNCCU6TUTQYE16</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Pinnacle West Capital Corp.</name>
        <lei>TWSEY0NEDUDCKS27AH81</lei>
        <title>Pinnacle West Capital Corp.</title>
        <cusip>723484AH4</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>1.30000000</annualizedRt>
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        <name>Kia Corp.</name>
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        <name>Magnetite VII Ltd.</name>
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      <invstOrSec>
        <name>Sound Point CLO XXII Ltd.</name>
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        <name>Sumitomo Mitsui Trust Bank Ltd.</name>
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        <name>American Honda Finance Corp.</name>
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        <name>Citigroup Global Markets, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Glencore Funding LLC</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-11-10</maturityDt>
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        <name>Jackson National Life Global Funding</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Standard Chartered plc</name>
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        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Palmer Square Loan Funding Ltd.</name>
        <lei>N/A</lei>
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        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Eni SpA</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-09-12</maturityDt>
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        <name>National Bank of Canada</name>
        <lei>BSGEFEIOM18Y80CKCV46</lei>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-08-06</maturityDt>
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        <name>Exelon Corp.</name>
        <lei>3SOUA6IRML7435B56G12</lei>
        <title>Exelon Corp.</title>
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        <name>Hyundai Capital America</name>
        <lei>549300RIPPWJB5Z0FK07</lei>
        <title>Hyundai Capital America</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>BPCE SA</name>
        <lei>9695005MSX1OYEMGDF46</lei>
        <title>BPCE SA</title>
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        <invCountry>FR</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-10-06</maturityDt>
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          <annualizedRt>0.00000000</annualizedRt>
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        <name>Morgan Stanley</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>Morgan Stanley</title>
        <cusip>6174468T9</cusip>
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        <balance>22354000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-11-10</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.78162880</annualizedRt>
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        <name>Mitsubishi UFJ Financial Group, Inc.</name>
        <lei>353800V2V8PUY9TK3E06</lei>
        <title>Mitsubishi UFJ Financial Group, Inc.</title>
        <cusip>606822AH7</cusip>
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        <balance>1247000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-09-13</maturityDt>
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          <annualizedRt>2.52700000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Palmer Square Loan Funding Ltd.</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Bank of America Corp.</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BNP Paribas SA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Capital One Financial Corp.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-12-06</maturityDt>
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      <invstOrSec>
        <name>Microchip Technology, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Corebridge Global Funding</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Credit Agricole Corporate and Investment Bank</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Galaxy XXII CLO Ltd.</name>
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        <name>OCP CLO Ltd.</name>
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      <invstOrSec>
        <name>Element Fleet Management Corp.</name>
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        <name>Brighthouse Financial Global Funding</name>
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        <name>Elmwood CLO 18 Ltd.</name>
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        <name>Hewlett Packard Enterprise Co.</name>
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        <name>Wells Fargo Securities LLC</name>
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        <name>Bank of America NA</name>
        <lei>B4TYDEB6GKMZO031MB27</lei>
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        <name>American Tower Corp.</name>
        <lei>5493006ORUSIL88JOE18</lei>
        <title>American Tower Corp.</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.95000000</annualizedRt>
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        <name>Hyundai Capital America</name>
        <lei>549300RIPPWJB5Z0FK07</lei>
        <title>Hyundai Capital America</title>
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        <name>Penske Truck Leasing Co. LP</name>
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        <name>RTX Corp.</name>
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        <name>Canadian Imperial Bank of Commerce</name>
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        <name>Entergy Louisiana LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Amgen, Inc.</name>
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        <name>BNP Paribas SA</name>
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        <name>Stryker Corp.</name>
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        <name>Mercedes-Benz Finance North America LLC</name>
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        <name>Mitsubishi UFJ Financial Group, Inc.</name>
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        <name>Reynolds American, Inc.</name>
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        <name>Southwestern Electric Power Co.</name>
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        <name>Symphony CLO XX Ltd.</name>
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        <name>Dell International LLC</name>
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        <name>Zimmer Biomet Holdings, Inc.</name>
        <lei>2P2YLDVPES3BXQ1FRB91</lei>
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      <invstOrSec>
        <name>Toyota Motor Credit Corp.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Charles Schwab Corp. (The)</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Jackson Financial, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-11-22</maturityDt>
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        <name>Bank Montana System</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-11-17</maturityDt>
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        <name>NextEra Energy Capital Holdings, Inc.</name>
        <lei>UMI46YPGBLUE4VGNNT48</lei>
        <title>NextEra Energy Capital Holdings, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Keurig Dr Pepper, Inc.</name>
        <lei>DYTQ8KRTKO7Y2BVU5K74</lei>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.13000000</annualizedRt>
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      <invstOrSec>
        <name>TransCanada PipeLines Ltd.</name>
        <lei>5BV01I6231JPDAPMGH09</lei>
        <title>TransCanada PipeLines Ltd.</title>
        <cusip>89355QWT9</cusip>
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          <isin value="US89355QWT92"/>
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        <curCd>USD</curCd>
        <valUSD>38756354.09000000</valUSD>
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        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-09-27</maturityDt>
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          <annualizedRt>0.00000000</annualizedRt>
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        <name>CNH Industrial Capital</name>
        <lei>N/A</lei>
        <title>Cnh Industrial Capital</title>
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          <other otherDesc="Inhouse Sedol" value="W05BF74"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-02-05</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>Ameren Corp.</name>
        <lei>XRZQ5S7HYJFPHJ78L959</lei>
        <title>Ameren Corp.</title>
        <cusip>023608AL6</cusip>
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        <balance>7702000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6923597.37000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.95000000</annualizedRt>
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      <invstOrSec>
        <name>Hyundai Auto Receivables Trust</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Daimler Truck Finance North America LLC</name>
        <lei>5493003HSDTSCZRXBA58</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Schlumberger Holdings Corp.</name>
        <lei>529900IKZG65COT1D505</lei>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Canadian Imperial Bank of Commerce</name>
        <lei>2IGI19DL77OX0HC3ZE78</lei>
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        <name>Dominion Energy, Inc.</name>
        <lei>ILUL7B6Z54MRYCF6H308</lei>
        <title>Dominion Energy, Inc., Series D</title>
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        <name>LyondellBasell Industries NV</name>
        <lei>BN6WCCZ8OVP3ITUUVN49</lei>
        <title>LyondellBasell Industries NV</title>
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        <name>Westpac Securities NZ Ltd.</name>
        <lei>549300W0N3O6Q4RCKE25</lei>
        <title>Westpac Securities NZ Ltd.</title>
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        <invCountry>NZ</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>JPMorgan Securities Lending Money Market Fund</name>
        <lei>5493002FD4HXUJXMRO62</lei>
        <title>JPMorgan Securities Lending Money Market Fund, Class Agency SL Shares</title>
        <cusip>46645V642</cusip>
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          <isin value="N/A"/>
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        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
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        <name>Banco Santander Chile</name>
        <lei>3YJP8HORPAEXJ80D6368</lei>
        <title>Banco Santander Chile</title>
        <cusip>05968GB77</cusip>
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        <name>3M Co.</name>
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        <name>Barclays plc</name>
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        <name>Kinder Morgan, Inc.</name>
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        <name>Niagara Mohawk Power Corp.</name>
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        <name>WFRBS Commercial Mortgage Trust</name>
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        <name>Wells Fargo Commercial Mortgage Trust</name>
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        <name>BMW Vehicle Owner Trust</name>
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        <name>Buckhorn Park CLO Ltd.</name>
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        <name>LCM XXV Ltd.</name>
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        <name>Banco Santander SA</name>
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        <name>Bayer US Finance II LLC</name>
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      <invstOrSec>
        <name>BAT Capital Corp.</name>
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        <name>GoldenTree Loan Management US CLO 12 Ltd.</name>
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        <name>Bank of Nova Scotia</name>
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        <name>Barclays Bank plc</name>
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        <name>Baxter International, Inc.</name>
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        <name>Hyundai Auto Lease Securitization Trust</name>
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          <maturityDt>2025-01-15</maturityDt>
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        <name>Natixis SA</name>
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        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-09-01</maturityDt>
          <couponKind>None</couponKind>
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        <name>TransCanada PipeLines Ltd.</name>
        <lei>5BV01I6231JPDAPMGH09</lei>
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        <invCountry>CA</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-12-20</maturityDt>
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        <name>Bank of Nova Scotia (The)</name>
        <lei>L3I9ZG2KFGXZ61BMYR72</lei>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-06-12</maturityDt>
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        <name>Hyundai Capital Services, Inc.</name>
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        <title>Hyundai Capital Services, Inc.</title>
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        <invCountry>KR</invCountry>
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        <name>Sempra</name>
        <lei>PBBKGKLRK5S5C0Y4T545</lei>
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        <name>American Express Co.</name>
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        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
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        <name>NXP BV</name>
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        <name>NatWest Markets plc</name>
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        <name>Goldman Sachs Group, Inc. (The)</name>
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        <name>Amgen, Inc.</name>
        <lei>62QBXGPJ34PQ72Z12S66</lei>
        <title>Amgen, Inc.</title>
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        <name>GM Financial Consumer Automobile Receivables Trust</name>
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          <maturityDt>2026-09-16</maturityDt>
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        <name>Citizens Bank NA</name>
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        <name>Neuberger Berman Loan Advisers CLO 37 Ltd.</name>
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        <name>Take-Two Interactive Software, Inc.</name>
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        <name>Aimco CLO Ltd.</name>
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        <name>Elmwood CLO X Ltd.</name>
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        <name>Macquarie Bank Ltd.</name>
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        <name>Gilead Sciences, Inc.</name>
        <lei>549300WTZWR07K8MNV44</lei>
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        <name>Skandinaviska Enskilda Banken AB</name>
        <lei>F3JS33DEI6XQ4ZBPTN86</lei>
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        <name>Hyundai Capital America</name>
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      <invstOrSec>
        <name>Sumitomo Mitsui Banking Corp.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>AT&amp;T, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Reliance Standard Life Global Funding II</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-02-02</maturityDt>
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      <invstOrSec>
        <name>L3Harris Technologies, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-12-15</maturityDt>
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        <name>VF Corp.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-04-23</maturityDt>
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        <name>Galaxy XIX CLO Ltd.</name>
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        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>British Telecommunications plc</name>
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        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-12-04</maturityDt>
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        <name>Lowe's Cos., Inc.</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-09-15</maturityDt>
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          <annualizedRt>3.37500000</annualizedRt>
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        <name>Octagon Investment Partners 35 Ltd.</name>
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        <curCd>USD</curCd>
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        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Daimler Truck Finance North America LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>United States of America</name>
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        <name>TD SYNNEX Corp.</name>
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        <title>TD SYNNEX Corp.</title>
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        <invCountry>US</invCountry>
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        <name>Anglo American Capital plc</name>
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        <invCountry>GB</invCountry>

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        <fairValLevel>2</fairValLevel>
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        <name>BPCE SA</name>
        <lei>9695005MSX1OYEMGDF46</lei>
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        <invCountry>FR</invCountry>
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          <maturityDt>2023-09-12</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Sherwin-Williams Co. (The)</name>
        <lei>Z15BMIOX8DDH0X2OBP21</lei>
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        <name>NextEra Energy Capital Holdings, Inc.</name>
        <lei>UMI46YPGBLUE4VGNNT48</lei>
        <title>NextEra Energy Capital Holdings, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-06-20</maturityDt>
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          <annualizedRt>4.20000000</annualizedRt>
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        <name>Enbridge, Inc.</name>
        <lei>98TPTUM4IVMFCZBCUR27</lei>
        <title>Enbridge, Inc.</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-06-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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        <name>ConocoPhillips Co.</name>
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        <name>Banco Bilbao Vizcaya Argentaria SA</name>
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        <name>Altria Group, Inc.</name>
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        <name>Ares CLO Ltd.</name>
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        <name>American Tower Corp.</name>
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        <name>Reliance Standard Life Global Funding II</name>
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        <name>Enel Finance International NV</name>
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        <name>Amgen, Inc.</name>
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        <name>Daimler Truck Finance North America LLC</name>
        <lei>5493003HSDTSCZRXBA58</lei>
        <title>Daimler Truck Finance North America LLC</title>
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        <name>Wells Fargo &amp; Co.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Province of Ontario Canada</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Hyundai Capital America</name>
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          <maturityDt>2024-02-01</maturityDt>
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        <name>Verizon Communications, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Hyundai Capital America</name>
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        <name>Fifth Third Bancorp</name>
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      <invstOrSec>
        <name>Hyundai Auto Receivables Trust</name>
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        <name>KKR CLO 13 Ltd.</name>
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        <name>Glencore Funding LLC</name>
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        <name>Palmer Square Loan Funding Ltd.</name>
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        <name>American Honda Finance Corp.</name>
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        <name>HSBC Holdings plc</name>
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        <name>Lloyds Bank plc</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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      <invstOrSec>
        <name>OSD CLO Ltd.</name>
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        <name>Aviation Capital Group LLC</name>
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        <name>Leidos, 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>Canadian Imperial Bank of Commerce</name>
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        <name>Banque Federative du Credit Mutuel SA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Cardinal Health, Inc.</name>
        <lei>CCU46N3GJMF4OK4N7U60</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Glencore Funding LLC</name>
        <lei>213800STG1QDNBY87K49</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Fiserv, Inc.</name>
        <lei>GI7UBEJLXYLGR2C7GV83</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Cooperatieve Rabobank UA</name>
        <lei>DG3RU1DBUFHT4ZF9WN62</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-02-20</maturityDt>
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        <name>AerCap Ireland Capital DAC</name>
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        <invCountry>IE</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-10-29</maturityDt>
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        <name>Macquarie Bank Ltd.</name>
        <lei>4ZHCHI4KYZG2WVRT8631</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Ares CLO Ltd.</name>
        <lei>549300BC3E2Y44TL8536</lei>
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        <cusip>00190YBB0</cusip>
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          <isin value="US00190YBB02"/>
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        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>OHA Credit Partners XIII Ltd.</name>
        <lei>549300EX32IF3NZCVL73</lei>
        <title>OHA Credit Partners Ltd., Series 2016-13A, Class XR</title>
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        <name>Magnetite XIX Ltd.</name>
        <lei>5493000OP4ZUZOOM1U45</lei>
        <title>Magnetite Ltd., Series 2017-19A, Class X</title>
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      <invstOrSec>
        <name>Aimco CLO Ltd.</name>
        <lei>5493004I93856WYBB035</lei>
        <title>AIMCO CLO Ltd., Series 2019-10A, Class AR</title>
        <cusip>00901AAJ6</cusip>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <annualizedRt>6.66717840</annualizedRt>
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        <name>American Electric Power Co., Inc.</name>
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        <name>Kookmin Bank</name>
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        <name>Kookmin Bank</name>
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        <name>Credit Industriel et Commercial</name>
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        <name>TELUS Corp.</name>
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        <name>HSBC USA, Inc.</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>Duke Energy Corp.</name>
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        <name>Honda Auto Receivables Owner Trust</name>
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        <name>Fifth Third Bancorp</name>
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      <invstOrSec>
        <name>Campbell Soup Co.</name>
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        <name>Bank of America Corp.</name>
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        <name>OCP CLO Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Enel Finance International NV</name>
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        <name>Athene Global Funding</name>
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      <invstOrSec>
        <name>Cooperatieve Rabobank UA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Royal Bank of Canada</name>
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        <fairValLevel>2</fairValLevel>
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        <name>TransCanada PipeLines Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>ICG US CLO Ltd.</name>
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      <invstOrSec>
        <name>Dryden 30 Senior Loan Fund</name>
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        <name>Volkswagen Group of America Finance LLC</name>
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        <name>Banque Federative du Credit Mutuel SA</name>
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        <name>Daimler Truck Finance North America LLC</name>
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        <name>National Bank of Canada</name>
        <lei>BSGEFEIOM18Y80CKCV46</lei>
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        <name>Standard Chartered Bank</name>
        <lei>RILFO74KP1CM8P6PCT96</lei>
        <title>Standard Chartered Bank</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Sculptor CLO XXVII Ltd.</name>
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      <invstOrSec>
        <name>Magna International, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Capital One Prime Auto Receivables Trust</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Voya CLO Ltd.</name>
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      <invstOrSec>
        <name>Venture 43 CLO Ltd.</name>
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      <invstOrSec>
        <name>Citibank NA</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Airbus SE</name>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Hyundai Capital America</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Bank of Nova Scotia (The)</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Citigroup Commercial Mortgage Trust</name>
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        <name>BPCE SA</name>
        <lei>9695005MSX1OYEMGDF46</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Pacific Life Global Funding II</name>
        <lei>6354003EUPCHXTWUU869</lei>
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      <invstOrSec>
        <name>HSBC USA, Inc.</name>
        <lei>549300LBOHZ4QSIWU288</lei>
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        <name>OCP CLO Ltd.</name>
        <lei>254900WK4JKXAXOKTL68</lei>
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        <name>Teledyne Technologies, Inc.</name>
        <lei>549300VSMO9KYQWDND94</lei>
        <title>Teledyne Technologies, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Daimler Truck Finance North America LLC</name>
        <lei>5493003HSDTSCZRXBA58</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Hyundai Auto Receivables Trust</name>
        <lei>N/A</lei>
        <title>Hyundai Auto Receivables Trust, Series 2021-A, Class A3</title>
        <cusip>44933LAC7</cusip>
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          <isin value="US44933LAC72"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-09-15</maturityDt>
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        <name>UBS Group AG</name>
        <lei>549300SZJ9VS8SGXAN81</lei>
        <title>UBS Group AG</title>
        <cusip>902613AR9</cusip>
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        <balance>56499000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Aimco CLO Ltd.</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Cigna Group (The)</name>
        <lei>549300VIWYMSIGT1U456</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>HSBC USA, Inc.</name>
        <lei>549300LBOHZ4QSIWU288</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-08-01</maturityDt>
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      <invstOrSec>
        <name>Penske Truck Leasing Co. LP</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-05-24</maturityDt>
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          <annualizedRt>5.75000000</annualizedRt>
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      <invstOrSec>
        <name>GTA Funding LLC</name>
        <lei>N/A</lei>
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          <isin value="US40060WAA09"/>
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        <balance>80139000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-01-10</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>Capital One Financial Corp.</name>
        <lei>ZUE8T73ROZOF6FLBAR73</lei>
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          <isin value="US14040HCL78"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-12-06</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Goldman Sachs Group, Inc. (The)</name>
        <lei>784F5XWPLTWKTBV3E584</lei>
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        <cusip>38141GXS8</cusip>
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          <isin value="US38141GXS82"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-02-12</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>Dell International LLC</name>
        <lei>N/A</lei>
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        <cusip>24703TAD8</cusip>
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        <balance>3129000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.02000000</annualizedRt>
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      <invstOrSec>
        <name>Corebridge Global Funding</name>
        <lei>54930057MDZ7KOVOTV71</lei>
        <title>Corebridge Global Funding</title>
        <cusip>00138CAU2</cusip>
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          <isin value="US00138CAU27"/>
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        <balance>34554000.00000000</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>2026-07-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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      <invstOrSec>
        <name>Svenska Handelsbanken AB</name>
        <lei>NHBDILHZTYCNBV5UYZ31</lei>
        <title>Svenska Handelsbanken AB</title>
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        <balance>137014000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>SE</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <name>Bank of Montreal</name>
        <lei>NQQ6HPCNCCU6TUTQYE16</lei>
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        <balance>14990000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-12-08</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Williams Cos., Inc. (The)</name>
        <lei>D71FAKCBLFS2O0RBPG08</lei>
        <title>Williams Cos., Inc. (The)</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-03-04</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.30000000</annualizedRt>
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      <invstOrSec>
        <name>OCP CLO Ltd.</name>
        <lei>254900M77QLN2EBJHE11</lei>
        <title>OCP CLO Ltd., Series 2017-13A, Class A1AR</title>
        <cusip>67097LAH9</cusip>
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          <isin value="US67097LAH96"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-07-15</maturityDt>
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          <annualizedRt>6.52956840</annualizedRt>
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        <name>Laboratory Corp. of America Holdings</name>
        <lei>OZ7UA8IXAIFILY2VZH07</lei>
        <title>Laboratory Corp. of America Holdings</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Carlisle Cos., Inc.</name>
        <lei>XR64VGX1ZPX6G7ZN7Z11</lei>
        <title>Carlisle Cos., Inc.</title>
        <cusip>142339AK6</cusip>
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          <isin value="US142339AK65"/>
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        <balance>2027000.00000000</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>2023-09-01</maturityDt>
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      <invstOrSec>
        <name>Palmer Square CLO Ltd.</name>
        <lei>549300EYS8N79JYSXL17</lei>
        <title>Palmer Square CLO Ltd., Series 2018-2A, Class A1A</title>
        <cusip>69688MAA3</cusip>
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        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-07-16</maturityDt>
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          <annualizedRt>6.66956880</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Galaxy XV CLO Ltd.</name>
        <lei>549300MJK1HWQWCLYA68</lei>
        <title>Galaxy CLO Ltd., Series 2013-15A, Class ARR</title>
        <cusip>36318WAK6</cusip>
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          <isin value="US36318WAK62"/>
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        <balance>30285894.31670000</balance>
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        <curCd>USD</curCd>
        <valUSD>30181831.98000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.53956920</annualizedRt>
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        <securityLending>
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        <name>TELUS Corp.</name>
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        <name>Hewlett Packard Enterprise Co.</name>
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        <name>Carvana Auto Receivables Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>General Mills, Inc.</name>
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        <name>Societe Generale SA</name>
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        <name>Australia &amp; New Zealand Banking Group Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Telstra Corp. Ltd.</name>
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        <name>Bank of Nova Scotia</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Dollar General Corp.</name>
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        <fairValLevel>2</fairValLevel>
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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>Sumitomo Mitsui Financial Group, Inc.</name>
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        <name>Toronto-Dominion Bank (The)</name>
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        <name>General Motors Financial Co., Inc.</name>
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        <name>Credit Agricole SA</name>
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        <name>Dewolf Park CLO Ltd.</name>
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        <name>Societe Generale SA</name>
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        <name>Bank of America Corp.</name>
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        <name>VF Corp.</name>
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        <name>Magnetite XXV Ltd.</name>
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        <name>DNB Bank ASA</name>
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        <name>Societe Generale SA</name>
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        <name>AbbVie, Inc.</name>
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        <name>Bayer US Finance II LLC</name>
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        <name>NatWest Group plc</name>
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        <name>Oracle Corp.</name>
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        <name>BPCE SA</name>
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        <name>Enel Finance America LLC</name>
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        <name>DNB Bank ASA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>ICG US CLO Ltd.</name>
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        <name>Emera US Finance LP</name>
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        <name>Wells Fargo &amp; Co.</name>
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        <name>Credit Agricole Corporate and Investment Bank</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Citigroup, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Nordea Bank Abp</name>
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        <name>Reliance Standard Life Global Funding II</name>
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        <name>PNC Financial Services Group, Inc. (The)</name>
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        <name>NiSource, Inc.</name>
        <lei>549300D8GOWWH0SJB189</lei>
        <title>NiSource, Inc.</title>
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        <name>Take-Two Interactive Software, Inc.</name>
        <lei>BOMSTHHJK882EWYX3334</lei>
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        <name>Pacific Life Global Funding II</name>
        <lei>6354003EUPCHXTWUU869</lei>
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        <name>Lloyds Bank Corporate Markets plc</name>
        <lei>213800MBWEIJDM5CU638</lei>
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        <invCountry>GB</invCountry>
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          <maturityDt>2023-12-14</maturityDt>
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        <name>American Honda Finance Corp.</name>
        <lei>B6Q2VFHD1797Q7NZ3E43</lei>
        <title>American Honda Finance Corp., Series A</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-04-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.60000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Stratus CLO Ltd.</name>
        <lei>N/A</lei>
        <title>Stratus CLO Ltd., Series 2021-1A, Class A</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Marlette Funding Trust</name>
        <lei>N/A</lei>
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          <isin value="US57109KAA34"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Carlyle Global Market Strategies CLO Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Neuberger Berman CLO XIV Ltd.</name>
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          <isin value="US64129JBE91"/>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-01-28</maturityDt>
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          <annualizedRt>6.65719920</annualizedRt>
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      <invstOrSec>
        <name>Berkshire Hathaway Energy Co.</name>
        <lei>549300JD0S5IZJE9LY15</lei>
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          <isin value="US59562VAY39"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.75000000</annualizedRt>
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      <invstOrSec>
        <name>WEC Energy Group, Inc.</name>
        <lei>549300IGLYTZUK3PVP70</lei>
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          <isin value="US92939UAC09"/>
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        <balance>15845000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.55000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Citibank NA</name>
        <lei>E57ODZWZ7FF32TWEFA76</lei>
        <title>Citibank NA</title>
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          <isin value="US17330QCV77"/>
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        <balance>16352000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-03-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.80000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Brookfield Corporate Treasury Ltd.</name>
        <lei>N/A</lei>
        <title>Brookfield Corporate Treasury Ltd.</title>
        <cusip>11271GW66</cusip>
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          <isin value="US11271GW666"/>
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        <balance>100000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>99907883.00000000</valUSD>
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        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-09-06</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Wells Fargo &amp; Co.</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
        <title>Wells Fargo &amp; Co.</title>
        <cusip>95000U3C5</cusip>
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          <isin value="US95000U3C57"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>488237.01000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.53999960</annualizedRt>
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      <invstOrSec>
        <name>Enel Finance International NV</name>
        <lei>0YQH6LCEF474UTUV4B96</lei>
        <title>Enel Finance International NV</title>
        <cusip>29278GAM0</cusip>
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          <isin value="US29278GAM06"/>
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        <balance>3005000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2665055.56000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>NL</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.37500000</annualizedRt>
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      <invstOrSec>
        <name>Sherwin-Williams Co. (The)</name>
        <lei>Z15BMIOX8DDH0X2OBP21</lei>
        <title>Sherwin-Williams Co. (The)</title>
        <cusip>824348BQ8</cusip>
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          <isin value="US824348BQ86"/>
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        <balance>13400000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-08-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.05000000</annualizedRt>
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        <name>DNB Bank ASA</name>
        <lei>549300GKFG0RYRRQ1414</lei>
        <title>DNB Bank ASA</title>
        <cusip>23344NX92</cusip>
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        <balance>45823000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>45820142.02000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-11-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.48000000</annualizedRt>
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        <name>Mizuho Financial Group, Inc.</name>
        <lei>353800CI5L6DDAN5XZ33</lei>
        <title>Mizuho Financial Group, Inc.</title>
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        <balance>63901000.00000000</balance>
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        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-09-08</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.84900000</annualizedRt>
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        <name>National Bank of Canada</name>
        <lei>BSGEFEIOM18Y80CKCV46</lei>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-03-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <name>Natixis SA</name>
        <lei>2549003L5ZG5M2ZSE107</lei>
        <title>Natixis SA</title>
        <cusip>63873QWD2</cusip>
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          <isin value="US63873QWD23"/>
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        <balance>85666000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>85642666.29000000</valUSD>
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        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-09-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.29000000</annualizedRt>
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        <name>FFCB Funding Corp.</name>
        <lei>254900C5LP6DN9OP9V83</lei>
        <title>FFCB Funding Corp.</title>
        <cusip>3133EN3A6</cusip>
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          <isin value="US3133EN3A69"/>
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        <balance>5200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5197582.73000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-09-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Porsche Financial Auto Securitization Trust</name>
        <lei>N/A</lei>
        <title>Porsche Financial Auto Securitization Trust, Series 2023-1A, Class A2</title>
        <cusip>73328QAB0</cusip>
        <identifiers>
          <isin value="US73328QAB05"/>
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        <balance>35740000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>35643995.21000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.42000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Volkswagen Group of America Finance LLC</name>
        <lei>5493002SQ1AVQBY41K40</lei>
        <title>Volkswagen Group of America Finance LLC</title>
        <cusip>928668AT9</cusip>
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          <isin value="US928668AT93"/>
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        <balance>1960000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1931708.34000000</valUSD>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>Toronto-Dominion Bank</name>
        <lei>PT3QB789TSUIDF371261</lei>
        <title>Toronto-Dominion Bank (The)</title>
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        <curCd>USD</curCd>
        <valUSD>88762044.48000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
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        <invCountry>CA</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-08-23</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>Cleveland Electric Illuminating Co. (The)</name>
        <lei>N/A</lei>
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        <valUSD>10757581.92000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-08-15</maturityDt>
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      <invstOrSec>
        <name>Neuberger Berman CLO XV</name>
        <lei>549300UTI4Y2IA4RUP16</lei>
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          <isin value="US64129KBE64"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-10-15</maturityDt>
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      <invstOrSec>
        <name>Lloyds Bank Corporate Markets plc</name>
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        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-10-20</maturityDt>
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      <invstOrSec>
        <name>Magnetite XVII Ltd.</name>
        <lei>5493003SVWF9GG13MZ22</lei>
        <title>Magnetite Ltd., Series 2016-17A, Class AR</title>
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          <isin value="US55954EAQ26"/>
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        <balance>8500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8490004.00000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-20</maturityDt>
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      <invstOrSec>
        <name>Benchmark Mortgage Trust</name>
        <lei>N/A</lei>
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          <isin value="US08161BAV53"/>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-04-10</maturityDt>
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          <annualizedRt>3.84800000</annualizedRt>
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      <invstOrSec>
        <name>KKR CLO Ltd.</name>
        <lei>549300LGO0WGOG6NE245</lei>
        <title>KKR CLO Ltd., Series 24, Class A1R</title>
        <cusip>48252RAL8</cusip>
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          <isin value="US48252RAL87"/>
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        <balance>10000000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-CBDO</assetCat>
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        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-04-20</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Wells Fargo &amp; Co.</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
        <title>Wells Fargo &amp; Co.</title>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-05-19</maturityDt>
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      <invstOrSec>
        <name>LSEGA Financing plc</name>
        <lei>2138009YFYTGEHZNNZ09</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>AT&amp;T, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Royal Bank of Canada</name>
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        <fairValLevel>2</fairValLevel>
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        <name>DNB Bank ASA</name>
        <lei>549300GKFG0RYRRQ1414</lei>
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        <balance>158329000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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        <name>Canadian Imperial Bank of Commerce</name>
        <lei>549300H8L46OOZOFHU82</lei>
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        <name>Commonwealth Bank of Australia</name>
        <lei>MSFSBD3QN1GSN7Q6C537</lei>
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        <name>Corebridge Global Funding</name>
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        <name>Federation des Caisses Desjardins du Quebec</name>
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        <title>Federation des Caisses Desjardins du Quebec</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Societe Generale SA</name>
        <lei>O2RNE8IBXP4R0TD8PU41</lei>
        <title>Societe Generale SA</title>
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        <invCountry>FR</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Penske Truck Leasing Co. LP</name>
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        <name>Canadian Imperial Bank of Commerce</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Banco Santander Chile</name>
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        <name>Goldman Sachs Group, Inc. (The)</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>KKR CLO Ltd.</name>
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        <name>Fox Corp.</name>
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        <name>Haleon UK Capital plc</name>
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        <name>Madison Park Funding XVIII Ltd.</name>
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        <name>National Australia Bank Ltd.</name>
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        <name>GoldenTree Loan Management US CLO 14 Ltd.</name>
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        <name>LCM XXIV Ltd.</name>
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        <name>Standard Chartered Bank</name>
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        <name>Campbell Soup Co.</name>
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        <name>Sumitomo Mitsui Trust Bank Ltd.</name>
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        <name>Magnetite VIII Ltd.</name>
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        <name>ERAC USA Finance LLC</name>
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        <name>Royal Bank of Canada</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Mercedes-Benz Auto Receivables Trust</name>
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        <name>HSBC USA, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Arizona Public Service Co.</name>
        <lei>YG6VT0TPHRH4TFVAQV64</lei>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-09-15</maturityDt>
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        <name>Baxter International, Inc.</name>
        <lei>J5OIVXX3P24RJRW5CK77</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>LCM 26 Ltd.</name>
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        <name>Newark BSL CLO 1 Ltd.</name>
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        <name>Mitsubishi UFJ Financial Group, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Rogers Communications, Inc.</name>
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        <name>Pioneer Natural Resources Co.</name>
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        <name>Credit Agricole SA</name>
        <lei>969500TJ5KRTCJQWXH05</lei>
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        <name>Mitsubishi UFJ Financial Group, Inc.</name>
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        <name>Suncor Energy, Inc.</name>
        <lei>549300W70ZOQDVLCHY06</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Westpac Banking Corp.</name>
        <lei>EN5TNI6CI43VEPAMHL14</lei>
        <title>Westpac Banking Corp.</title>
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      <invstOrSec>
        <name>Capital One Financial Corp.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Westpac Banking Corp.</name>
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        <invCountry>AU</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Morgan Stanley</name>
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        <title>Morgan Stanley</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-05-30</maturityDt>
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      <invstOrSec>
        <name>Citigroup Global Markets, Inc.</name>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>Apidos CLO XXXI</name>
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        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-04-15</maturityDt>
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      <invstOrSec>
        <name>American Express Co.</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-11-05</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CIFC Funding Ltd.</name>
        <lei>635400BTAKRBKGRV3X14</lei>
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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>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Royal Bank of Canada</name>
        <lei>ES7IP3U3RHIGC71XBU11</lei>
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        <balance>33530000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-10-26</maturityDt>
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        <name>Eversource Energy</name>
        <lei>SJ7XXD41SQU3ZNWUJ746</lei>
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        <curCd>USD</curCd>
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        <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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        <name>LCM XX LP</name>
        <lei>549300VQTTD2PAP2Y421</lei>
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        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-10-20</maturityDt>
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        <name>Wells Fargo Bank NA</name>
        <lei>KB1H1DSPRFMYMCUFXT09</lei>
        <title>Wells Fargo Bank NA</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>522 Funding CLO Ltd.</name>
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        <cusip>33834WAA0</cusip>
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          <isin value="US33834WAA09"/>
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        <invCountry>KY</invCountry>
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        <debtSec>
          <maturityDt>2030-04-20</maturityDt>
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      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>Morgan Stanley</title>
        <cusip>61747YEQ4</cusip>
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          <isin value="US61747YEQ44"/>
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        <balance>85300000.00000000</balance>
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        <invCountry>US</invCountry>
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          <maturityDt>2025-04-17</maturityDt>
          <couponKind>Variable</couponKind>
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        <name>Shire Acquisitions Investments Ireland DAC</name>
        <lei>549300XK5HGW68R8K327</lei>
        <title>Shire Acquisitions Investments Ireland DAC</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-09-23</maturityDt>
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        <name>Magellan Midstream Partners LP</name>
        <lei>MZF5TI8NFVZZNUSKDL39</lei>
        <title>Magellan Midstream Partners LP</title>
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        <balance>3435000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-03-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>AutoZone, Inc.</name>
        <lei>GA3JGKJ41LJKXDN23E90</lei>
        <title>AutoZone, Inc.</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-01</maturityDt>
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          <annualizedRt>3.75000000</annualizedRt>
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        <name>TELUS Corp.</name>
        <lei>L2TEUTQ8OSHMJWVLCE40</lei>
        <title>TELUS Corp.</title>
        <cusip>87974WX52</cusip>
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        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-10-05</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>Standard Chartered Bank</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Amphenol Corp.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>DTE Energy Co.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Australia &amp; New Zealand Banking Group Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>DTE Energy Co.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Banco Santander Chile</name>
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        <fairValLevel>2</fairValLevel>
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        <name>State Street Corp.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-11-20</maturityDt>
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      <invstOrSec>
        <name>Oracle Corp.</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>Brighthouse Financial Global Funding</name>
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        <name>GM Financial Automobile Leasing Trust</name>
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        <name>Palmer Square Loan Funding Ltd.</name>
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        <name>Australia &amp; New Zealand Banking Group Ltd.</name>
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        <name>Toronto-Dominion Bank (The)</name>
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        <name>DNB Bank ASA</name>
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        <name>Credit Agricole Corporate and Investment Bank</name>
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        <name>Bain Capital Credit CLO</name>
        <lei>549300B0VI605XM3L529</lei>
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      <invstOrSec>
        <name>Ballyrock CLO Ltd.</name>
        <lei>N/A</lei>
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        <name>Societe Generale SA</name>
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      <invstOrSec>
        <name>Svenska Handelsbanken AB</name>
        <lei>NHBDILHZTYCNBV5UYZ31</lei>
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        <invCountry>SE</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-01-09</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>Constellation Brands, Inc.</name>
        <lei>5493005GKEG8QCVY7037</lei>
        <title>Constellation Brands, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>KKR CLO Ltd.</name>
        <lei>254900VCKMCY079T6M57</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Kinder Morgan Energy Partners LP</name>
        <lei>549300PDHUGWPWGOT525</lei>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-05-01</maturityDt>
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      <invstOrSec>
        <name>Banco Santander SA</name>
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        <invCountry>ES</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-06-30</maturityDt>
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      <invstOrSec>
        <name>Ford Credit Auto Lease Trust</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Lloyds Bank Corporate Markets plc</name>
        <lei>213800MBWEIJDM5CU638</lei>
        <title>Lloyds Bank plc</title>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-08-15</maturityDt>
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      <invstOrSec>
        <name>Jackson National Life Global Funding</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Daimler Truck Finance North America LLC</name>
        <lei>5493003HSDTSCZRXBA58</lei>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Barclays plc</name>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>Daimler Truck Finance North America LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Saudi Arabian Oil Co.</name>
        <lei>5586006WD91QHB7J4X50</lei>
        <title>Saudi Arabian Oil Co.</title>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>SA</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>JPMorgan U.S. Government Money Market Fund</name>
        <lei>549300NQ5E5B7ZV4T516</lei>
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        <name>Symphony CLO XXIV Ltd.</name>
        <lei>5493007X3UVVYJ005O73</lei>
        <title>Symphony CLO Ltd., Series 2020-24A, Class A</title>
        <cusip>87167QAC2</cusip>
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        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>OSD CLO Ltd.</name>
        <lei>N/A</lei>
        <title>OSD CLO Ltd., Series 2023-27A, Class A</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Duke Energy Corp.</name>
        <lei>I1BZKREC126H0VB1BL91</lei>
        <title>Duke Energy Corp.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-02-22</maturityDt>
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      <invstOrSec>
        <name>Carlyle Global Market Strategies CLO Ltd.</name>
        <lei>5493007AYUHLOG0AMH17</lei>
        <title>Carlyle Global Market Strategies CLO Ltd., Series 2015-5A, Class A1RR</title>
        <cusip>14312JAY8</cusip>
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          <isin value="US14312JAY82"/>
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        <curCd>USD</curCd>
        <valUSD>7422645.16000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-20</maturityDt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Conagra Brands, Inc.</name>
        <lei>54930035UDEIH090K650</lei>
        <title>Conagra Brands, Inc.</title>
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        <name>BMW US Capital LLC</name>
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        <name>Goldman Sachs Group, Inc. (The)</name>
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        <name>TELUS Corp.</name>
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        <name>Enterprise Fleet Funding LLC</name>
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        <name>NextEra Energy Capital Holdings, Inc.</name>
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        <name>Morgan Stanley</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Santander Drive Auto Receivables Trust</name>
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        <name>Eversource Energy</name>
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        <name>Stanley Black &amp; Decker, Inc.</name>
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        <name>Mondelez International Holdings Netherlands BV</name>
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        <name>Mitsubishi UFJ Financial Group, Inc.</name>
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        <name>Bain Capital Credit CLO Ltd.</name>
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        <name>Standard Chartered plc</name>
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        <name>Santander Drive Auto Receivables Trust</name>
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        <name>Flatiron CLO 18 Ltd.</name>
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        <name>Hyundai Capital America</name>
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        <title>Hyundai Capital America</title>
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        <name>Greenwood Park CLO Ltd.</name>
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        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

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          <annualizedRt>6.59957040</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 Nova Scotia (The)</name>
        <lei>L3I9ZG2KFGXZ61BMYR72</lei>
        <title>Bank of Nova Scotia (The)</title>
        <cusip>0641598K5</cusip>
        <identifiers>
          <isin value="US0641598K52"/>
        </identifiers>
        <balance>8539000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7566373.32000000</valUSD>
        <pctVal>0.033249331383</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.30000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Banco Santander SA</name>
        <lei>5493006QMFDDMYWIAM13</lei>
        <title>Banco Santander SA</title>
        <cusip>05971KAD1</cusip>
        <identifiers>
          <isin value="US05971KAD19"/>
        </identifiers>
        <balance>11635000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>11318027.35000000</valUSD>
        <pctVal>0.049735431501</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-06-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.70600000</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>Danone SA</name>
        <lei>969500KMUQ2B6CBAF162</lei>
        <title>Danone SA</title>
        <cusip>23636TAD2</cusip>
        <identifiers>
          <isin value="US23636TAD28"/>
        </identifiers>
        <balance>56688000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>56392958.80000000</valUSD>
        <pctVal>0.247810687570</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-11-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.58900000</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>Thermo Fisher Scientific, Inc.</name>
        <lei>HCHV7422L5HDJZCRFL38</lei>
        <title>Thermo Fisher Scientific, Inc.</title>
        <cusip>883556CP5</cusip>
        <identifiers>
          <isin value="US883556CP55"/>
        </identifiers>
        <balance>26013000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>25855367.98000000</valUSD>
        <pctVal>0.113617668816</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-10-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.79700000</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>OCP CLO Ltd.</name>
        <lei>254900MN6N176YEZLX15</lei>
        <title>OCP CLO Ltd., Series 2020-18A, Class AR</title>
        <cusip>671078AN3</cusip>
        <identifiers>
          <isin value="US671078AN32"/>
        </identifiers>
        <balance>1750000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1737219.75000000</valUSD>
        <pctVal>0.007633960513</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.67775160</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>NTT Finance Corp.</name>
        <lei>3538007PR116187GD960</lei>
        <title>NTT Finance Corp.</title>
        <cusip>62954WAB1</cusip>
        <identifiers>
          <isin value="US62954WAB19"/>
        </identifiers>
        <balance>320000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>311769.27000000</valUSD>
        <pctVal>0.001370024889</pctVal>
        <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>American Express Co.</name>
        <lei>R4PP93JZOLY261QX3811</lei>
        <title>American Express Co.</title>
        <cusip>025816CP2</cusip>
        <identifiers>
          <isin value="US025816CP26"/>
        </identifiers>
        <balance>49917000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>46527254.33000000</valUSD>
        <pctVal>0.204457278561</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-03</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.30000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>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>8361211.82000000</valUSD>
        <pctVal>0.036742134020</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>Floating</couponKind>
          <annualizedRt>5.78308680</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>19821040.00000000</valUSD>
        <pctVal>0.087100688725</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>6.63957000</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>2992000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2949379.35000000</valUSD>
        <pctVal>0.012960620265</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>3.45800000</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>Mitsubishi UFJ Financial Group, Inc.</name>
        <lei>353800V2V8PUY9TK3E06</lei>
        <title>Mitsubishi UFJ Financial Group, Inc.</title>
        <cusip>606822BW3</cusip>
        <identifiers>
          <isin value="US606822BW35"/>
        </identifiers>
        <balance>26701000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>25518670.11000000</valUSD>
        <pctVal>0.112138098805</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-07-19</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.95300000</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>Voya CLO Ltd.</name>
        <lei>N/A</lei>
        <title>Voya CLO Ltd., Series 2017-3A, Class XR</title>
        <cusip>92915QAS2</cusip>
        <identifiers>
          <isin value="US92915QAS21"/>
        </identifiers>
        <balance>2095238.46000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2094211.79000000</valUSD>
        <pctVal>0.009202710314</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-04-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.43775040</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>2023-10-02</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>
