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        <pctVal>0.1164049628</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Argentine Republic Government International Bond</name>
        <lei>N/A</lei>
        <title>ARGENTINE REPUBLIC GOVERNMENT SR UNSECURED 01/38 VAR</title>
        <cusip>040114HU7</cusip>
        <identifiers>
          <isin value="US040114HU71"/>
          <ticker value="ARGENT"/>
        </identifiers>
        <balance>90000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>64144.67</valUSD>
        <pctVal>0.0447309676</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>AR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-01-09</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Asbury Automotive Group Inc.</name>
        <lei>549300JH4DTA7U42GL91</lei>
        <title>ASBURY AUTOMOTIVE GROUP INC COMPANY GUAR 144A 11/29 4.625</title>
        <cusip>043436AW4</cusip>
        <identifiers>
          <isin value="US043436AW48"/>
          <ticker value="ABG"/>
        </identifiers>
        <balance>100000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>96548.76</valUSD>
        <pctVal>0.0673277992</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.625000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Asbury Automotive Group Inc.</name>
        <lei>549300JH4DTA7U42GL91</lei>
        <title>ASBURY AUTOMOTIVE GROUP INC COMPANY GUAR 144A 02/32 5</title>
        <cusip>043436AX2</cusip>
        <identifiers>
          <isin value="US043436AX21"/>
          <ticker value="ABG"/>
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        <balance>100000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>95146.85</valUSD>
        <pctVal>0.0663501842</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Lloyds Banking Group plc</name>
        <lei>549300PPXHEU2JF0AM85</lei>
        <title>LLOYDS BANKING GROUP PLC COMMON STOCK GBP.1</title>
        <cusip>087061008</cusip>
        <identifiers>
          <isin value="GB0008706128"/>
          <ticker value="LLOY LN"/>
        </identifiers>
        <balance>639899</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.728518"/>
        <valUSD>672863.75</valUSD>
        <pctVal>0.4692182005</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Blackstone Inc.</name>
        <lei>N/A</lei>
        <title>BLACKSTONE INC COMMON STOCK USD.00001</title>
        <cusip>09260D107</cusip>
        <identifiers>
          <isin value="US09260D1072"/>
          <ticker value="BX US"/>
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        <balance>827</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>123702.66</valUSD>
        <pctVal>0.0862634367</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Blackrock Inc.</name>
        <lei>N/A</lei>
        <title>BLACKROCK INC COMMON STOCK USD.01</title>
        <cusip>09290D101</cusip>
        <identifiers>
          <isin value="US09290D1019"/>
          <ticker value="BLK US"/>
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        <balance>449</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>471113.25</valUSD>
        <pctVal>0.3285284894</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BXP Inc.</name>
        <lei>549300OF70FSEUQBT254</lei>
        <title>BXP INC REIT USD.01</title>
        <cusip>101121101</cusip>
        <identifiers>
          <isin value="US1011211018"/>
          <ticker value="BXP US"/>
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        <balance>6764</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>456367.08</valUSD>
        <pctVal>0.3182453209</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Brandywine Operating Partnership L.P.</name>
        <lei>IXBXSCONLDQ1ZI73YU71</lei>
        <title>BRANDYWINE OPERATING PARTNERSH COMPANY GUAR 10/29 4.55</title>
        <cusip>105340AP8</cusip>
        <identifiers>
          <isin value="US105340AP80"/>
          <ticker value="BDN"/>
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        <balance>125000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>117733.16</valUSD>
        <pctVal>0.0821006355</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.550000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Oracle Corporation</name>
        <lei>1Z4GXXU7ZHVWFCD8TV52</lei>
        <title>ORACLE CORP COMMON STOCK USD.01</title>
        <cusip>68389X105</cusip>
        <identifiers>
          <isin value="US68389X1054"/>
          <ticker value="ORCL US"/>
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        <balance>441</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>96415.83</valUSD>
        <pctVal>0.0672351011</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GLP Pte. Ltd.</name>
        <lei>N/A</lei>
        <title>GLP PTE LTD SUBORDINATED REGS 12/99 VAR</title>
        <cusip>BP4634864</cusip>
        <identifiers>
          <isin value="XS2340147813"/>
          <ticker value="GLPSP"/>
        </identifiers>
        <balance>200000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>104700.31</valUSD>
        <pctVal>0.0730122421</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-17</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.500000000000</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>Novo Nordisk A/S</name>
        <lei>549300DAQ1CVT6CXN342</lei>
        <title>NOVO NORDISK A/S COMMON STOCK DKK.1</title>
        <cusip>BP6KMJ909</cusip>
        <identifiers>
          <isin value="DK0062498333"/>
          <ticker value="NOVOB DC"/>
        </identifiers>
        <balance>3364</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="6.33375"/>
        <valUSD>233105.04</valUSD>
        <pctVal>0.1625546441</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NatWest Group plc</name>
        <lei>N/A</lei>
        <title>NATWEST GROUP PLC SUBORDINATED REGS 11/31 VAR</title>
        <cusip>BP7725222</cusip>
        <identifiers>
          <isin value="XS2346516250"/>
          <ticker value="NWG"/>
        </identifiers>
        <balance>100000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.728518"/>
        <valUSD>132456.69</valUSD>
        <pctVal>0.0923680161</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-11-28</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.105000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PeopleCert Wisdom Issuer Plc</name>
        <lei>N/A</lei>
        <title>PEOPLECERT WISDOM ISSUER PLC SR SECURED REGS 09/26 5.75</title>
        <cusip>BQ7086573</cusip>
        <identifiers>
          <isin value="XS2370814043"/>
          <ticker value="PEOCER"/>
        </identifiers>
        <balance>100000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>117824.51</valUSD>
        <pctVal>0.0821643380</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.750000000000</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>Rumo Luxembourg S.a r.l.</name>
        <lei>N/A</lei>
        <title>RUMO LUXEMBOURG SARL COMPANY GUAR REGS 01/32 4.2</title>
        <cusip>BR4709845</cusip>
        <identifiers>
          <isin value="USL79090AD51"/>
          <ticker value="RAILBZ"/>
        </identifiers>
        <balance>200000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>179250</valUSD>
        <pctVal>0.1249990989</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.200000000000</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>Grifols S.A.</name>
        <lei>N/A</lei>
        <title>GRIFOLS SA COMPANY GUAR REGS 10/28 3.875</title>
        <cusip>BR5526230</cusip>
        <identifiers>
          <isin value="XS2393001891"/>
          <ticker value="GRFSM"/>
        </identifiers>
        <balance>100000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>112609.17</valUSD>
        <pctVal>0.0785274465</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.875000000000</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>Odido Group Holding B.V.</name>
        <lei>N/A</lei>
        <title>ODIDO GROUP HOLDING BV SR UNSECURED REGS 01/30 5.5</title>
        <cusip>BS9025179</cusip>
        <identifiers>
          <isin value="XS2417092132"/>
          <ticker value="TMOBNL"/>
        </identifiers>
        <balance>100000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>117760.65</valUSD>
        <pctVal>0.0821198055</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.500000000000</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>Smurfit WestRock Public Limited Company</name>
        <lei>N/A</lei>
        <title>SMURFIT WESTROCK PLC COMMON STOCK</title>
        <cusip>BSMR1R905</cusip>
        <identifiers>
          <isin value="IE00028FXN24"/>
          <ticker value="SWR LN"/>
        </identifiers>
        <balance>3255</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.728518"/>
        <valUSD>140784.98</valUSD>
        <pctVal>0.0981757079</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fuyao Glass Industry Group Co. Ltd.</name>
        <lei>549300AS5CSLWETN0P64</lei>
        <title>FUYAO GLASS INDUSTRY GROUP CO COMMON STOCK CNY1.0</title>
        <cusip>BWGCFG905</cusip>
        <identifiers>
          <isin value="CNE100001TR7"/>
          <ticker value="3606 HK"/>
        </identifiers>
        <balance>51382</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84995"/>
        <valUSD>367144.54</valUSD>
        <pctVal>0.2560264249</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AA Bond Co Limited</name>
        <lei>N/A</lei>
        <title>AA BOND CO LTD SR SECURED REGS 07/50 7.375</title>
        <cusip>BX4547523</cusip>
        <identifiers>
          <isin value="XS2491156902"/>
          <ticker value="AABOND"/>
        </identifiers>
        <balance>100000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.728518"/>
        <valUSD>144165.28</valUSD>
        <pctVal>0.1005329433</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Tryg A/S</name>
        <lei>N/A</lei>
        <title>TRYG A/S COMMON STOCK DKK5.0</title>
        <cusip>BXDZ97902</cusip>
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          <isin value="DK0060636678"/>
          <ticker value="TRYG DC"/>
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        <balance>8545</balance>
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        <currencyConditional curCd="DKK" exchangeRt="6.33375"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>Vertical Midco GmbH</name>
        <lei>N/A</lei>
        <title>TK ELEVATOR MIDCO GMBH 2025 EUR TERM LOAN B1</title>
        <cusip>D9000BAH5</cusip>
        <identifiers>
          <isin value="XAD9000BAH50"/>
          <ticker value="THYELE"/>
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        <balance>125000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>146557.67</valUSD>
        <pctVal>0.1022012646</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-30</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.209000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Accenture Public Limited Company</name>
        <lei>N/A</lei>
        <title>ACCENTURE PLC COMMON STOCK USD.0000225</title>
        <cusip>G1151C101</cusip>
        <identifiers>
          <isin value="IE00B4BNMY34"/>
          <ticker value="ACN US"/>
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        <balance>204</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>60973.56</valUSD>
        <pctVal>0.0425196098</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Seagate Technology Holdings Public Limited Company</name>
        <lei>N/A</lei>
        <title>SEAGATE TECHNOLOGY HOLDINGS PL COMMON STOCK USD.00001</title>
        <cusip>G7997R103</cusip>
        <identifiers>
          <isin value="IE00BKVD2N49"/>
          <ticker value="STX US"/>
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        <balance>3801</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>548598.33</valUSD>
        <pctVal>0.3825623258</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Garmin Ltd.</name>
        <lei>N/A</lei>
        <title>GARMIN LTD COMMON STOCK CHF.1</title>
        <cusip>H2906T109</cusip>
        <identifiers>
          <isin value="CH0114405324"/>
          <ticker value="GRMN US"/>
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        <balance>539</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>112500.08</valUSD>
        <pctVal>0.0784513731</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>LyondellBasell Industries N.V.</name>
        <lei>BN6WCCZ8OVP3ITUUVN49</lei>
        <title>LYONDELLBASELL INDUSTRIES NV COMMON STOCK EUR.04</title>
        <cusip>N53745100</cusip>
        <identifiers>
          <isin value="NL0009434992"/>
          <ticker value="LYB US"/>
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        <balance>8378</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>484751.08</valUSD>
        <pctVal>0.3380387626</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Darling Global Finance B.V.</name>
        <lei>N/A</lei>
        <title>DARLING GLOBAL FINANCE BV SR UNSECURED 144A 07/32 4.5</title>
        <cusip>YN4664366</cusip>
        <identifiers>
          <isin value="XS3101876236"/>
          <ticker value="DAR"/>
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        <balance>115000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
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        <pctVal>0.0958870354</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.500000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ENERGO - PRO a.s.</name>
        <lei>N/A</lei>
        <title>ENERGO-PRO AS LOCAL GOVT G 144A 05/30 8</title>
        <cusip>YO2984350</cusip>
        <identifiers>
          <isin value="XS3063695806"/>
          <ticker value="ENGPRO"/>
        </identifiers>
        <balance>100000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>121554.94</valUSD>
        <pctVal>0.0847657348</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CZ</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Trivium Packaging Finance B.V.</name>
        <lei>N/A</lei>
        <title>TRIVIUM PACKAGING FINANCE BV SR SECURED 144A 07/30 6.625</title>
        <cusip>YO6702337</cusip>
        <identifiers>
          <isin value="XS3080736617"/>
          <ticker value="TRIVIU"/>
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        <balance>100000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>121816.02</valUSD>
        <pctVal>0.0849477977</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.625000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Avantor Funding Inc.</name>
        <lei>N/A</lei>
        <title>AVANTOR FUNDING INC COMPANY GUAR 144A 11/29 3.875</title>
        <cusip>05352TAB5</cusip>
        <identifiers>
          <isin value="US05352TAB52"/>
          <ticker value="AVTR"/>
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        <balance>50000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>47340.07</valUSD>
        <pctVal>0.0330123631</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.875000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Avient Corporation</name>
        <lei>SM8L9RZYIB34LNTWO040</lei>
        <title>AVIENT CORP SR UNSECURED 144A 11/31 6.25</title>
        <cusip>05368VAB2</cusip>
        <identifiers>
          <isin value="US05368VAB27"/>
          <ticker value="AVNT"/>
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        <balance>65000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>65607.62</valUSD>
        <pctVal>0.0457511486</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.250000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Avis Budget Rental Car Funding (AESOP) LLC</name>
        <lei>IHXLB8SL0QWSSG2VG640</lei>
        <title>AVIS BUDGET RENTAL CAR FUNDING AESOP 2023 4A D 144A</title>
        <cusip>05377RJS4</cusip>
        <identifiers>
          <isin value="US05377RJS40"/>
          <ticker value="AESOP"/>
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        <balance>130000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>130791.32</valUSD>
        <pctVal>0.0912066786</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.310000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Avis Budget Rental Car Funding (AESOP) LLC</name>
        <lei>IHXLB8SL0QWSSG2VG640</lei>
        <title>AVIS BUDGET RENTAL CAR FUNDING AESOP 2023 3A D 144A</title>
        <cusip>05377RKH6</cusip>
        <identifiers>
          <isin value="US05377RKH65"/>
          <ticker value="AESOP"/>
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        <balance>100000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>100855.21</valUSD>
        <pctVal>0.0703308807</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.320000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Avis Budget Rental Car Funding (AESOP) LLC</name>
        <lei>IHXLB8SL0QWSSG2VG640</lei>
        <title>AVIS BUDGET RENTAL CAR FUNDING AESOP 2023 5A D 144A</title>
        <cusip>05377RKJ2</cusip>
        <identifiers>
          <isin value="US05377RKJ22"/>
          <ticker value="AESOP"/>
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        <balance>100000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>100974.25</valUSD>
        <pctVal>0.0704138927</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.350000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
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      <invstOrSec>
        <name>BandG Foods Inc.</name>
        <lei>549300TRW1LZMDJZAQ78</lei>
        <title>BandG FOODS INC SR SECURED 144A 09/28 8</title>
        <cusip>05508WAC9</cusip>
        <identifiers>
          <isin value="US05508WAC91"/>
          <ticker value="BGS"/>
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        <balance>15000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>14441.8</valUSD>
        <pctVal>0.0100709176</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>LBM Acquisition LLC</name>
        <lei>N/A</lei>
        <title>LBM ACQUISITION LLC COMPANY GUAR 144A 01/29 6.25</title>
        <cusip>05552BAA4</cusip>
        <identifiers>
          <isin value="US05552BAA44"/>
          <ticker value="USLBMH"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>52050</valUSD>
        <pctVal>0.0362968095</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.250000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Legal and General Group PLC</name>
        <lei>N/A</lei>
        <title>LEGAL and GENERAL GROUP PLC COMMON STOCK GBP.025</title>
        <cusip>056039902</cusip>
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          <isin value="GB0005603997"/>
          <ticker value="LGEN LN"/>
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        <balance>97639</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.728518"/>
        <valUSD>341632.49</valUSD>
        <pctVal>0.2382357233</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BX TRUST 2021-ARIA BX 2021 ARIA G 144A</name>
        <lei>N/A</lei>
        <title>BX TRUST 2021-ARIA BX 2021 ARIA G 144A</title>
        <cusip>05608RAQ8</cusip>
        <identifiers>
          <isin value="US05608RAQ83"/>
          <ticker value="BX"/>
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        <balance>665000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>659614.7</valUSD>
        <pctVal>0.4599790411</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-10-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.568580000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BAIN CAPITAL CREDIT CLO 2020-2 BCC 2020 2A ER 144A</name>
        <lei>N/A</lei>
        <title>BAIN CAPITAL CREDIT CLO 2020-2 BCC 2020 2A ER 144A</title>
        <cusip>05683JAJ0</cusip>
        <identifiers>
          <isin value="US05683JAJ07"/>
          <ticker value="BCC"/>
        </identifiers>
        <balance>500000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>493319.5</valUSD>
        <pctVal>0.3440139078</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-19</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>11.141080000000</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>Baker Hughes Company</name>
        <lei>N/A</lei>
        <title>BAKER HUGHES CO COMMON STOCK USD.0001</title>
        <cusip>05722G100</cusip>
        <identifiers>
          <isin value="US05722G1004"/>
          <ticker value="BKR US"/>
        </identifiers>
        <balance>6338</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>242998.92</valUSD>
        <pctVal>0.1694540922</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BARCLAYS MORTGAGE TRUST 2022-R BARC 2022 RPL1 B 144A</name>
        <lei>N/A</lei>
        <title>BARCLAYS MORTGAGE TRUST 2022-R BARC 2022 RPL1 B 144A</title>
        <cusip>06745CAB6</cusip>
        <identifiers>
          <isin value="US06745CAB63"/>
          <ticker value="BARC"/>
        </identifiers>
        <balance>570000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>553300.94</valUSD>
        <pctVal>0.3858416676</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.250000000000</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>Bausch Health Companies Inc.</name>
        <lei>B3BS7ACMDUWISF18KY76</lei>
        <title>BAUSCH HEALTH COS INC SR SECURED 144A 06/28 4.875</title>
        <cusip>071734AN7</cusip>
        <identifiers>
          <isin value="US071734AN72"/>
          <ticker value="BHCCN"/>
        </identifiers>
        <balance>100000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>84354.5</valUSD>
        <pctVal>0.0588241924</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.875000000000</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>Rio Tinto plc</name>
        <lei>N/A</lei>
        <title>RIO TINTO PLC COMMON STOCK GBP.1</title>
        <cusip>071887004</cusip>
        <identifiers>
          <isin value="GB0007188757"/>
          <ticker value="RIO LN"/>
        </identifiers>
        <balance>9292</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.728518"/>
        <valUSD>540832.18</valUSD>
        <pctVal>0.3771466396</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Punch Finance PLC</name>
        <lei>N/A</lei>
        <title>PUNCH FINANCE PLC SR SECURED 144A 12/30 7.875</title>
        <cusip>YO7653620</cusip>
        <identifiers>
          <isin value="XS3081707138"/>
          <ticker value="PUBLN"/>
        </identifiers>
        <balance>115000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.728518"/>
        <valUSD>160648.06</valUSD>
        <pctVal>0.1120271283</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-12-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.875000000000</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>SNF Group</name>
        <lei>N/A</lei>
        <title>SNF GROUP SACA SR UNSECURED 144A 03/32 4.5</title>
        <cusip>YQ2575385</cusip>
        <identifiers>
          <isin value="XS3021202000"/>
          <ticker value="SNFF"/>
        </identifiers>
        <balance>100000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>121008.66</valUSD>
        <pctVal>0.0843847892</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.500000000000</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>Belron UK Finance PLC</name>
        <lei>N/A</lei>
        <title>BELRON UK FINANCE PLC SR SECURED 144A 10/29 5.75</title>
        <cusip>080782AA3</cusip>
        <identifiers>
          <isin value="US080782AA38"/>
          <ticker value="BELRON"/>
        </identifiers>
        <balance>200000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>201668.66</valUSD>
        <pctVal>0.1406326403</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.750000000000</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>Brandywine Operating Partnership L.P.</name>
        <lei>IXBXSCONLDQ1ZI73YU71</lei>
        <title>BRANDYWINE OPERATING PARTNERSH COMPANY GUAR 03/28 8.3</title>
        <cusip>105340AR4</cusip>
        <identifiers>
          <isin value="US105340AR47"/>
          <ticker value="BDN"/>
        </identifiers>
        <balance>50000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>53608.65</valUSD>
        <pctVal>0.0373837263</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.300000000000</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>Arena Luxembourg Finance S.a r.l.</name>
        <lei>N/A</lei>
        <title>ARENA LUXEMBOURG FINANCE SARL SR SECURED 144A 05/30 VAR</title>
        <cusip>YQ6771154</cusip>
        <identifiers>
          <isin value="XS3038490507"/>
          <ticker value="EMPARQ"/>
        </identifiers>
        <balance>140000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>166149.94</valUSD>
        <pctVal>0.1158638370</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.823000000000</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>Romania</name>
        <lei>N/A</lei>
        <title>ROMANIAN GOVERNMENT INTERNATIO SR UNSECURED 144A 07/32 5.875</title>
        <cusip>YQ7564442</cusip>
        <identifiers>
          <isin value="XS3021376259"/>
          <ticker value="ROMANI"/>
        </identifiers>
        <balance>185000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>218479.71</valUSD>
        <pctVal>0.1523557427</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>RO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.875000000000</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>Brandywine Operating Partnership L.P.</name>
        <lei>IXBXSCONLDQ1ZI73YU71</lei>
        <title>BRANDYWINE OPERATING PARTNERSH COMPANY GUAR 04/29 8.875</title>
        <cusip>105340AS2</cusip>
        <identifiers>
          <isin value="US105340AS20"/>
          <ticker value="BDN"/>
        </identifiers>
        <balance>75000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>81200.13</valUSD>
        <pctVal>0.0566245081</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.875000000000</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>Brazilian Government International Bond</name>
        <lei>N/A</lei>
        <title>BRAZILIAN GOVERNMENT INTERNATI SR UNSECURED 03/34 6.125</title>
        <cusip>105756CH1</cusip>
        <identifiers>
          <isin value="US105756CH10"/>
          <ticker value="BRAZIL"/>
        </identifiers>
        <balance>200000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>197912.05</valUSD>
        <pctVal>0.1380129870</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.125000000000</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>Bristol-Myers Squibb Company</name>
        <lei>HLYYNH7UQUORYSJQCN42</lei>
        <title>BRISTOL-MYERS SQUIBB CO COMMON STOCK USD.1</title>
        <cusip>110122108</cusip>
        <identifiers>
          <isin value="US1101221083"/>
          <ticker value="BMY US"/>
        </identifiers>
        <balance>10670</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>493914.3</valUSD>
        <pctVal>0.3444286886</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Broadcom Inc.</name>
        <lei>N/A</lei>
        <title>BROADCOM INC COMMON STOCK</title>
        <cusip>11135F101</cusip>
        <identifiers>
          <isin value="US11135F1012"/>
          <ticker value="AVGO US"/>
        </identifiers>
        <balance>543</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>149677.95</valUSD>
        <pctVal>0.1043771764</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Buckeye Partners L.P.</name>
        <lei>549300C1PQJLVEIUBK50</lei>
        <title>BUCKEYE PARTNERS LP SR UNSECURED 11/43 5.85</title>
        <cusip>118230AM3</cusip>
        <identifiers>
          <isin value="US118230AM30"/>
          <ticker value="BPL"/>
        </identifiers>
        <balance>115000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>101355.99</valUSD>
        <pctVal>0.0706800972</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.850000000000</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>Buckeye Partners L.P.</name>
        <lei>549300C1PQJLVEIUBK50</lei>
        <title>BUCKEYE PARTNERS LP SR UNSECURED 144A 07/29 6.875</title>
        <cusip>118230AV3</cusip>
        <identifiers>
          <isin value="US118230AV39"/>
          <ticker value="BPL"/>
        </identifiers>
        <balance>100000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>103602.2</valUSD>
        <pctVal>0.0722464806</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.875000000000</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>Buckeye Partners L.P.</name>
        <lei>549300C1PQJLVEIUBK50</lei>
        <title>BUCKEYE PARTNERS LP SR UNSECURED 144A 02/30 6.75</title>
        <cusip>118230AW1</cusip>
        <identifiers>
          <isin value="US118230AW12"/>
          <ticker value="BPL"/>
        </identifiers>
        <balance>25000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>25950.92</valUSD>
        <pctVal>0.0180967454</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.750000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Builders FirstSource Inc.</name>
        <lei>549300W0SKP6L3H7DP63</lei>
        <title>BUILDERS FIRSTSOURCE INC COMPANY GUAR 144A 03/30 5</title>
        <cusip>12008RAN7</cusip>
        <identifiers>
          <isin value="US12008RAN70"/>
          <ticker value="BLDR"/>
        </identifiers>
        <balance>95000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>93254.13</valUSD>
        <pctVal>0.0650303053</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Barry Callebaut Services N.V.</name>
        <lei>N/A</lei>
        <title>BARRY CALLEBAUT SERVICES NV COMPANY GUAR REGS 08/31 4.25</title>
        <cusip>YR4094805</cusip>
        <identifiers>
          <isin value="BE6360449621"/>
          <ticker value="BARY"/>
        </identifiers>
        <balance>200000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>237005.24</valUSD>
        <pctVal>0.1652744292</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-08-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.250000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SRI LANKA GOVERNMENT INTERNATI SR UNSECURED 144A 05/36 VAR</name>
        <lei>N/A</lei>
        <title>SRI LANKA GOVERNMENT INTERNATI SR UNSECURED 144A 05/36 VAR</title>
        <cusip>YS0722613</cusip>
        <identifiers>
          <isin value="XS2966241874"/>
          <ticker value="SRILAN"/>
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        <balance>75000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>60935.25</valUSD>
        <pctVal>0.0424928945</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>LK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-05-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.600000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Builders FirstSource Inc.</name>
        <lei>549300W0SKP6L3H7DP63</lei>
        <title>BUILDERS FIRSTSOURCE INC COMPANY GUAR 144A 02/32 4.25</title>
        <cusip>12008RAP2</cusip>
        <identifiers>
          <isin value="US12008RAP29"/>
          <ticker value="BLDR"/>
        </identifiers>
        <balance>95000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>88013.68</valUSD>
        <pctVal>0.0613759034</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.250000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BX TRUST 2025-GW BX 2025 GW E 144A</name>
        <lei>N/A</lei>
        <title>BX TRUST 2025-GW BX 2025 GW E 144A</title>
        <cusip>12433GAJ5</cusip>
        <identifiers>
          <isin value="US12433GAJ58"/>
          <ticker value="BX"/>
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        <balance>230000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>230431.25</valUSD>
        <pctVal>0.1606900899</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-07-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.950000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CCO Holdings LLC/CCO Holdings Capital Corp.</name>
        <lei>N/A</lei>
        <title>CCO HOLDINGS LLC / CCO HOLDING SR UNSECURED 144A 02/28 5</title>
        <cusip>1248EPBX0</cusip>
        <identifiers>
          <isin value="US1248EPBX05"/>
          <ticker value="CHTR"/>
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        <balance>50000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>49539.25</valUSD>
        <pctVal>0.0345459504</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CCO Holdings LLC/CCO Holdings Capital Corp.</name>
        <lei>N/A</lei>
        <title>CCO HOLDINGS LLC / CCO HOLDING SR UNSECURED 144A 08/30 4.5</title>
        <cusip>1248EPCE1</cusip>
        <identifiers>
          <isin value="US1248EPCE15"/>
          <ticker value="CHTR"/>
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        <balance>65000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>61969.67</valUSD>
        <pctVal>0.0432142422</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.500000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CCO Holdings LLC/CCO Holdings Capital Corp.</name>
        <lei>N/A</lei>
        <title>CCO HOLDINGS LLC / CCO HOLDING SR UNSECURED 144A 02/32 4.75</title>
        <cusip>1248EPCQ4</cusip>
        <identifiers>
          <isin value="US1248EPCQ45"/>
          <ticker value="CHTR"/>
        </identifiers>
        <balance>395000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>374668.13</valUSD>
        <pctVal>0.2612729631</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.750000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHS/Community Health Systems Inc.</name>
        <lei>5493007X5NC5XI1BB106</lei>
        <title>CHS/COMMUNITY HEALTH SYSTEMS I SR SECURED 144A 05/30 5.25</title>
        <cusip>12543DBM1</cusip>
        <identifiers>
          <isin value="US12543DBM11"/>
          <ticker value="CYH"/>
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        <balance>85000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>75373.54</valUSD>
        <pctVal>0.0525613645</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.250000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CME Group Inc.</name>
        <lei>LCZ7XYGSLJUHFXXNXD88</lei>
        <title>CME GROUP INC COMMON STOCK USD.01</title>
        <cusip>12572Q105</cusip>
        <identifiers>
          <isin value="US12572Q1058"/>
          <ticker value="CME US"/>
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        <balance>2218</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>611325.16</valUSD>
        <pctVal>0.4263045698</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CP Atlas Buyer Inc.</name>
        <lei>N/A</lei>
        <title>CP ATLAS BUYER INC SR UNSECURED 144A 12/28 7</title>
        <cusip>12597YAA7</cusip>
        <identifiers>
          <isin value="US12597YAA73"/>
          <ticker value="AMBATH"/>
        </identifiers>
        <balance>60000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>55532.82</valUSD>
        <pctVal>0.0387255367</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.000000000000</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>BandM European Value Retail S.A.</name>
        <lei>N/A</lei>
        <title>BandM EUROPEAN VALUE RETAIL SA SR SECURED REGS 11/31 6.5</title>
        <cusip>YT3413317</cusip>
        <identifiers>
          <isin value="XS2942371274"/>
          <ticker value="BMELN"/>
        </identifiers>
        <balance>175000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.728518"/>
        <valUSD>241895.97</valUSD>
        <pctVal>0.1686849555</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-11-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.500000000000</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>AccorInvest Group S.A.</name>
        <lei>N/A</lei>
        <title>ACCORINVEST GROUP SA SR SECURED REGS 11/31 5.5</title>
        <cusip>YU6511783</cusip>
        <identifiers>
          <isin value="XS2926264529"/>
          <ticker value="ACCINV"/>
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        <balance>100000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>119862.29</valUSD>
        <pctVal>0.0835853737</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.500000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Qiagen N.V.</name>
        <lei>54930036WK3GMCN17Z57</lei>
        <title>QIAGEN NV SR UNSECURED REGS 09/31 2.5</title>
        <cusip>YV5575746</cusip>
        <identifiers>
          <isin value="DE000A3L06J9"/>
          <ticker value="QGEN"/>
        </identifiers>
        <balance>200000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>212407.54</valUSD>
        <pctVal>0.1481213450</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-09-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.500000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>Y</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>QIAGEN NV</name>
              <title>QIAGEN NV</title>
              <curCd>USD</curCd>
              <identifiers>
                <isin value="NL0015002CX3"/>
                <ticker value="QGEN"/>
                <other otherDesc="BLOOMBERG" value="EQ0018663100001000"/>
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          <currencyInfos>
            <currencyInfo convRatio="3123.906600000000" curCd="USD"/>
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          <delta>XXXX</delta>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FIBERCOP S.p.A.</name>
        <lei>N/A</lei>
        <title>FIBERCOP SPA SR SECURED REGS 11/33 6.375</title>
        <cusip>YW1227464</cusip>
        <identifiers>
          <isin value="XS2806382938"/>
          <ticker value="FIBCOP"/>
        </identifiers>
        <balance>200000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>194218</valUSD>
        <pctVal>0.1354369595</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.375000000000</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>Rossini S.a r.l.</name>
        <lei>N/A</lei>
        <title>ROSSINI SARL SR SECURED REGS 12/29 6.75</title>
        <cusip>YW2572314</cusip>
        <identifiers>
          <isin value="XS2854303729"/>
          <ticker value="ROSINI"/>
        </identifiers>
        <balance>100000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>124298.88</valUSD>
        <pctVal>0.0866792078</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.750000000000</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>TeamSystem S.P.A.</name>
        <lei>N/A</lei>
        <title>TEAMSYSTEM SPA SR SECURED REGS 07/31 VAR</title>
        <cusip>YW4172816</cusip>
        <identifiers>
          <isin value="XS2864287466"/>
          <ticker value="TITANL"/>
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        <balance>125000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>147387.54</valUSD>
        <pctVal>0.1027799704</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-31</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.779000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Constellium SE</name>
        <lei>N/A</lei>
        <title>CONSTELLIUM SE SR UNSECURED REGS 08/32 5.375</title>
        <cusip>YW6709409</cusip>
        <identifiers>
          <isin value="XS2870878456"/>
          <ticker value="CSTM"/>
        </identifiers>
        <balance>100000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>119292.79</valUSD>
        <pctVal>0.0831882357</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.375000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Crown European Holdings</name>
        <lei>N/A</lei>
        <title>CROWN EUROPEAN HOLDINGS SACA COMPANY GUAR REGS 01/30 4.5</title>
        <cusip>YW7614376</cusip>
        <identifiers>
          <isin value="XS2872799734"/>
          <ticker value="CCK"/>
        </identifiers>
        <balance>150000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>182846.92</valUSD>
        <pctVal>0.1275073932</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.500000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bertrand Franchise Finance</name>
        <lei>N/A</lei>
        <title>BERTRAND FRANCHISE FINANCE SAS SR SECURED REGS 07/30 6.5</title>
        <cusip>YX3582567</cusip>
        <identifiers>
          <isin value="XS2831585786"/>
          <ticker value="BERFRA"/>
        </identifiers>
        <balance>125000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>149148.64</valUSD>
        <pctVal>0.1040080647</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.500000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Q-Park Holding I B.V.</name>
        <lei>N/A</lei>
        <title>Q-PARK HOLDING I BV SR SECURED REGS 02/30 5.125</title>
        <cusip>YX8645922</cusip>
        <identifiers>
          <isin value="XS2848642984"/>
          <ticker value="QPARKH"/>
        </identifiers>
        <balance>100000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>121388.95</valUSD>
        <pctVal>0.0846499825</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.125000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Lion/Polaris Lux 4 S.A.</name>
        <lei>N/A</lei>
        <title>LION/POLARIS LUX 4 SA SR SECURED REGS 07/29 VAR</title>
        <cusip>YX9560757</cusip>
        <identifiers>
          <isin value="XS2852970529"/>
          <ticker value="PICSUR"/>
        </identifiers>
        <balance>100000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>118325.14</valUSD>
        <pctVal>0.0825134498</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.564000000000</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>Boels Topholding B.V.</name>
        <lei>N/A</lei>
        <title>BOELS TOPHOLDING BV SR SECURED REGS 05/30 5.75</title>
        <cusip>ZB4936868</cusip>
        <identifiers>
          <isin value="XS2806449190"/>
          <ticker value="BOELST"/>
        </identifiers>
        <balance>200000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>244223.55</valUSD>
        <pctVal>0.1703080819</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.750000000000</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 S.A.</name>
        <lei>N/A</lei>
        <title>OCP SA SR UNSECURED REGS 05/34 6.75</title>
        <cusip>ZB6265712</cusip>
        <identifiers>
          <isin value="XS2810168737"/>
          <ticker value="OCPMR"/>
        </identifiers>
        <balance>200000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>207158.2</valUSD>
        <pctVal>0.1444607438</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-05-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.750000000000</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>Iliad Holding</name>
        <lei>N/A</lei>
        <title>ILIAD HOLDING SASU SR SECURED REGS 04/31 6.875</title>
        <cusip>ZB7801333</cusip>
        <identifiers>
          <isin value="XS2810807094"/>
          <ticker value="ILDFP"/>
        </identifiers>
        <balance>100000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>125614.17</valUSD>
        <pctVal>0.0875964187</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.875000000000</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>Verisure Holding AB</name>
        <lei>N/A</lei>
        <title>VERISURE HOLDING AB SR SECURED REGS 05/30 5.5</title>
        <cusip>ZB7814146</cusip>
        <identifiers>
          <isin value="XS2816753979"/>
          <ticker value="VERISR"/>
        </identifiers>
        <balance>150000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>183429.3</valUSD>
        <pctVal>0.1279135130</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.500000000000</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>CPUK Finance Limited</name>
        <lei>N/A</lei>
        <title>CPUK FINANCE LTD SECURED REGS 08/29 7.875</title>
        <cusip>ZB9440890</cusip>
        <identifiers>
          <isin value="XS2818818507"/>
          <ticker value="CPKLN"/>
        </identifiers>
        <balance>100000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.728518"/>
        <valUSD>142539.09</valUSD>
        <pctVal>0.0993989278</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.875000000000</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>Forvia SE</name>
        <lei>N/A</lei>
        <title>FORVIA SE SR UNSECURED REGS 06/29 5.125</title>
        <cusip>ZD3727868</cusip>
        <identifiers>
          <isin value="XS2774391580"/>
          <ticker value="EOFP"/>
        </identifiers>
        <balance>150000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>178195.45</valUSD>
        <pctVal>0.1242637137</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.125000000000</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>Forvia SE</name>
        <lei>N/A</lei>
        <title>FORVIA SE SR UNSECURED REGS 06/31 5.5</title>
        <cusip>ZD3727876</cusip>
        <identifiers>
          <isin value="XS2774392638"/>
          <ticker value="EOFP"/>
        </identifiers>
        <balance>200000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>232565.61</valUSD>
        <pctVal>0.1621784752</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.500000000000</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>Heathrow Finance PLC</name>
        <lei>N/A</lei>
        <title>HEATHROW FINANCE PLC SR SECURED REGS 03/31 6.625</title>
        <cusip>ZD6400794</cusip>
        <identifiers>
          <isin value="XS2782148261"/>
          <ticker value="HTHROW"/>
        </identifiers>
        <balance>100000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.728518"/>
        <valUSD>136520.99</valUSD>
        <pctVal>0.0952022356</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.625000000000</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>ARZ TRUST 2024-BILT ARZ 2024 BILT F 144A</name>
        <lei>N/A</lei>
        <title>ARZ TRUST 2024-BILT ARZ 2024 BILT F 144A</title>
        <cusip>00218TAN4</cusip>
        <identifiers>
          <isin value="US00218TAN46"/>
          <ticker value="ARZ"/>
        </identifiers>
        <balance>200000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>207710.56</valUSD>
        <pctVal>0.1448459293</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.268000000000</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>AbbVie Inc.</name>
        <lei>FR5LCKFTG8054YNNRU85</lei>
        <title>ABBVIE INC COMMON STOCK USD.01</title>
        <cusip>00287Y109</cusip>
        <identifiers>
          <isin value="US00287Y1091"/>
          <ticker value="ABBV US"/>
        </identifiers>
        <balance>3786</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>702757.32</valUSD>
        <pctVal>0.4900643333</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ACRISURE LLC / ACRISURE FINANC SR SECURED 144A 02/29 4.25</name>
        <lei>N/A</lei>
        <title>ACRISURE LLC / ACRISURE FINANC SR SECURED 144A 02/29 4.25</title>
        <cusip>00489LAF0</cusip>
        <identifiers>
          <isin value="US00489LAF04"/>
          <ticker value="ACRISU"/>
        </identifiers>
        <balance>100000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>95972.26</valUSD>
        <pctVal>0.0669257797</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.250000000000</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>ACRISURE LLC / ACRISURE FINANC SR SECURED 144A 07/32 6.75</name>
        <lei>N/A</lei>
        <title>ACRISURE LLC / ACRISURE FINANC SR SECURED 144A 07/32 6.75</title>
        <cusip>004961AA6</cusip>
        <identifiers>
          <isin value="US004961AA64"/>
          <ticker value="ACRISU"/>
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        <balance>55000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>55779.52</valUSD>
        <pctVal>0.0388975718</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.750000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Adient Global Holdings Ltd</name>
        <lei>N/A</lei>
        <title>ADIENT GLOBAL HOLDINGS LTD COMPANY GUAR 144A 02/33 7.5</title>
        <cusip>00687YAD7</cusip>
        <identifiers>
          <isin value="US00687YAD76"/>
          <ticker value="ADNT"/>
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        <balance>20000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>20452.02</valUSD>
        <pctVal>0.0142621148</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.500000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Aegea Finance S.a.r.l.</name>
        <lei>N/A</lei>
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        <cusip>00775CAB2</cusip>
        <identifiers>
          <isin value="US00775CAB28"/>
          <ticker value="AEGEBZ"/>
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        <balance>200000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>199956.64</valUSD>
        <pctVal>0.1394387717</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.750000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>AFFIRM ASSET SECURITIZATION TR AFFRM 2024 B E 144A</name>
        <lei>N/A</lei>
        <title>AFFIRM ASSET SECURITIZATION TR AFFRM 2024 B E 144A</title>
        <cusip>00835AAE8</cusip>
        <identifiers>
          <isin value="US00835AAE82"/>
          <ticker value="AFFRM"/>
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        <balance>850000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>848847.66</valUSD>
        <pctVal>0.5919397077</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.350000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Alexandria Real Estate Equities Inc.</name>
        <lei>MGCJBT4MKTQBVLNUIS88</lei>
        <title>ALEXANDRIA REAL ESTATE EQUITIE REIT USD.01</title>
        <cusip>015271109</cusip>
        <identifiers>
          <isin value="US0152711091"/>
          <ticker value="ARE US"/>
        </identifiers>
        <balance>6562</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>476598.06</valUSD>
        <pctVal>0.3323532945</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ALLIANT HOLDINGS INTERMEDIATE SR SECURED 144A 10/27 4.25</name>
        <lei>N/A</lei>
        <title>ALLIANT HOLDINGS INTERMEDIATE SR SECURED 144A 10/27 4.25</title>
        <cusip>01883LAB9</cusip>
        <identifiers>
          <isin value="US01883LAB99"/>
          <ticker value="ALIANT"/>
        </identifiers>
        <balance>84000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>82454.49</valUSD>
        <pctVal>0.0574992298</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.250000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Allied Universal Holdco LLC</name>
        <lei>N/A</lei>
        <title>ALLIED UNIVERSAL HOLDCO LLC SR SECURED 144A 02/31 7.875</title>
        <cusip>019576AD9</cusip>
        <identifiers>
          <isin value="US019576AD90"/>
          <ticker value="UNSEAM"/>
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        <balance>50000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>52234.6</valUSD>
        <pctVal>0.0364255394</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.875000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Altria Group Inc.</name>
        <lei>XSGZFLO9YTNO9VCQV219</lei>
        <title>ALTRIA GROUP INC COMMON STOCK USD.333</title>
        <cusip>02209S103</cusip>
        <identifiers>
          <isin value="US02209S1033"/>
          <ticker value="MO US"/>
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        <balance>13134</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>770046.42</valUSD>
        <pctVal>0.5369880536</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Amentum Holdings Inc.</name>
        <lei>N/A</lei>
        <title>AMENTUM HOLDINGS INC COMPANY GUAR 144A 08/32 7.25</title>
        <cusip>02352BAA3</cusip>
        <identifiers>
          <isin value="US02352BAA35"/>
          <ticker value="AMNTEC"/>
        </identifiers>
        <balance>130000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>133789.89</valUSD>
        <pctVal>0.0932977166</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.250000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BAE Systems PLC</name>
        <lei>8SVCSVKSGDWMW2QHOH83</lei>
        <title>BAE SYSTEMS PLC COMMON STOCK GBP.025</title>
        <cusip>026349902</cusip>
        <identifiers>
          <isin value="GB0002634946"/>
          <ticker value="BA/ LN"/>
        </identifiers>
        <balance>2734</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.728518"/>
        <valUSD>70955.12</valUSD>
        <pctVal>0.0494802012</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>British American Tobacco P.L.C.</name>
        <lei>N/A</lei>
        <title>BRITISH AMERICAN TOBACCO PLC COMMON STOCK GBP.25</title>
        <cusip>028758902</cusip>
        <identifiers>
          <isin value="GB0002875804"/>
          <ticker value="BATS LN"/>
        </identifiers>
        <balance>7740</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.728518"/>
        <valUSD>368008.46</valUSD>
        <pctVal>0.2566288752</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Amgen Inc.</name>
        <lei>62QBXGPJ34PQ72Z12S66</lei>
        <title>AMGEN INC COMMON STOCK USD.0001</title>
        <cusip>031162100</cusip>
        <identifiers>
          <isin value="US0311621009"/>
          <ticker value="AMGN US"/>
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        <balance>549</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>153286.29</valUSD>
        <pctVal>0.1068934344</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Analog Devices Inc.</name>
        <lei>GYVOE5EZ4GDAVTU4CQ61</lei>
        <title>ANALOG DEVICES INC COMMON STOCK USD.167</title>
        <cusip>032654105</cusip>
        <identifiers>
          <isin value="US0326541051"/>
          <ticker value="ADI US"/>
        </identifiers>
        <balance>816</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>194224.32</valUSD>
        <pctVal>0.1354413667</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Annaly Capital Management Inc.</name>
        <lei>2DTL0G3FPRYUT58TI025</lei>
        <title>ANNALY CAPITAL MANAGEMENT IN REIT USD.01</title>
        <cusip>035710839</cusip>
        <identifiers>
          <isin value="US0357108390"/>
          <ticker value="NLY US"/>
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        <balance>18241</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>343295.62</valUSD>
        <pctVal>0.2393954988</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Apollo Global Management Inc.</name>
        <lei>N/A</lei>
        <title>APOLLO GLOBAL MANAGEMENT INC COMMON STOCK USD.0001</title>
        <cusip>03769M106</cusip>
        <identifiers>
          <isin value="US03769M1062"/>
          <ticker value="APO US"/>
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        <balance>456</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>64692.72</valUSD>
        <pctVal>0.0451131476</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Apple Inc.</name>
        <lei>HWUPKR0MPOU8FGXBT394</lei>
        <title>APPLE INC COMMON STOCK USD.00001</title>
        <cusip>037833100</cusip>
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          <isin value="US0378331005"/>
          <ticker value="AAPL US"/>
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        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>291751.74</valUSD>
        <pctVal>0.2034516296</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ares Management Corporation</name>
        <lei>N/A</lei>
        <title>ARES MANAGEMENT CORP COMMON STOCK</title>
        <cusip>03990B101</cusip>
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          <isin value="US03990B1017"/>
          <ticker value="ARES US"/>
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        <balance>2500</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>433000</valUSD>
        <pctVal>0.3019504035</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ASHTON WOODS USA LLC / ASHTON SR UNSECURED 144A 08/29 4.625</name>
        <lei>N/A</lei>
        <title>ASHTON WOODS USA LLC / ASHTON SR UNSECURED 144A 08/29 4.625</title>
        <cusip>045086AM7</cusip>
        <identifiers>
          <isin value="US045086AM71"/>
          <ticker value="ASHWOO"/>
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        <balance>125000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>119375</valUSD>
        <pctVal>0.0832455645</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.625000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Avantor Funding Inc.</name>
        <lei>N/A</lei>
        <title>AVANTOR FUNDING INC COMPANY GUAR 144A 07/28 4.625</title>
        <cusip>05352TAA7</cusip>
        <identifiers>
          <isin value="US05352TAA79"/>
          <ticker value="AVTR"/>
        </identifiers>
        <balance>100000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>98195.91</valUSD>
        <pctVal>0.0684764310</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.625000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Marvell Technology Inc.</name>
        <lei>N/A</lei>
        <title>MARVELL TECHNOLOGY INC COMMON STOCK USD.002</title>
        <cusip>573874104</cusip>
        <identifiers>
          <isin value="US5738741041"/>
          <ticker value="MRVL US"/>
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        <balance>1898</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>146905.2</valUSD>
        <pctVal>0.1024436130</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Merck and Co. Inc.</name>
        <lei>4YV9Y5M8S0BRK1RP0397</lei>
        <title>MERCK and CO INC COMMON STOCK USD.5</title>
        <cusip>58933Y105</cusip>
        <identifiers>
          <isin value="US58933Y1055"/>
          <ticker value="MRK US"/>
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        <balance>8399</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>664864.84</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Gjensidige Forsikring ASA</name>
        <lei>N/A</lei>
        <title>GJENSIDIGE FORSIKRING ASA COMMON STOCK NOK2.0</title>
        <cusip>B4PH0C901</cusip>
        <identifiers>
          <isin value="NO0010582521"/>
          <ticker value="GJF NO"/>
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        <balance>6860</balance>
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        <pctVal>0.1212686795</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>New China Life Insurance Company Ltd.</name>
        <lei>N/A</lei>
        <title>NEW CHINA LIFE INSURANCE CO LT COMMON STOCK CNY1.0</title>
        <cusip>B5730Z908</cusip>
        <identifiers>
          <isin value="CNE100001922"/>
          <ticker value="1336 HK"/>
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        <balance>128212</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Vodacom Group</name>
        <lei>N/A</lei>
        <title>VODACOM GROUP LTD COMMON STOCK</title>
        <cusip>B65B4D905</cusip>
        <identifiers>
          <isin value="ZAE000132577"/>
          <ticker value="VOD SJ"/>
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        <balance>40778</balance>
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        <currencyConditional curCd="ZAR" exchangeRt="17.70375"/>
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        <pctVal>0.2203362917</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>The Shanghai Commercial and Savings Bank Ltd.</name>
        <lei>N/A</lei>
        <title>SHANGHAI COMMERCIAL and SAVINGS COMMON STOCK TWD10.0</title>
        <cusip>B7LV1N902</cusip>
        <identifiers>
          <isin value="TW0005876007"/>
          <ticker value="5876 TT"/>
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        <balance>419988</balance>
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        <currencyConditional curCd="TWD" exchangeRt="29.212"/>
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        <pctVal>0.4649430360</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>AAC Technologies Holdings Inc.</name>
        <lei>N/A</lei>
        <title>AAC TECHNOLOGIES HOLDINGS INC COMMON STOCK USD.01</title>
        <cusip>B85LKS908</cusip>
        <identifiers>
          <isin value="KYG2953R1149"/>
          <ticker value="2018 HK"/>
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        <balance>19406</balance>
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        <currencyConditional curCd="HKD" exchangeRt="7.84995"/>
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        <pctVal>0.0704084394</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>The Sage Group PLC.</name>
        <lei>N/A</lei>
        <title>SAGE GROUP PLC/THE COMMON STOCK GBP.01051948</title>
        <cusip>B8C3BL905</cusip>
        <identifiers>
          <isin value="GB00B8C3BL03"/>
          <ticker value="SGE LN"/>
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        <balance>26839</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.728518"/>
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        <pctVal>0.3214067486</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Focus Media Information Technology Co. Ltd.</name>
        <lei>N/A</lei>
        <title>FOCUS MEDIA INFORMATION TECHNO COMMON STOCK CNY1.0</title>
        <cusip>BD5CND907</cusip>
        <identifiers>
          <isin value="CNE000001KK2"/>
          <ticker value="002027 C2"/>
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        <balance>653332</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Redeia Corporacion S.A.</name>
        <lei>5493009HMD0C90GUV498</lei>
        <title>REDEIA CORP SA COMMON STOCK EUR.5</title>
        <cusip>BD6FXN906</cusip>
        <identifiers>
          <isin value="ES0173093024"/>
          <ticker value="RED SM"/>
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        <balance>32216</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>National Grid plc</name>
        <lei>8R95QZMKZLJX5Q2XR704</lei>
        <title>NATIONAL GRID PLC COMMON STOCK GBP.1243129</title>
        <cusip>BDR05C901</cusip>
        <identifiers>
          <isin value="GB00BDR05C01"/>
          <ticker value="NG/ LN"/>
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        <balance>63627</balance>
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        <pctVal>0.6512916857</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Wiwynn Corporation</name>
        <lei>N/A</lei>
        <title>WIWYNN CORP COMMON STOCK TWD10.0</title>
        <cusip>BF4QXG904</cusip>
        <identifiers>
          <isin value="TW0006669005"/>
          <ticker value="6669 TT"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Shandong Gold Mining Co. Ltd.</name>
        <lei>N/A</lei>
        <title>SHANDONG GOLD MINING CO LTD COMMON STOCK CNY1.0</title>
        <cusip>BFD209909</cusip>
        <identifiers>
          <isin value="CNE1000036N7"/>
          <ticker value="1787 HK"/>
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        <balance>40090</balance>
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        <currencyConditional curCd="HKD" exchangeRt="7.84995"/>
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        <pctVal>0.0980893766</pctVal>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Phoenix Group Holdings plc</name>
        <lei>N/A</lei>
        <title>PHOENIX GROUP HOLDINGS PLC COMMON STOCK GBP.1</title>
        <cusip>BGXQNP901</cusip>
        <identifiers>
          <isin value="GB00BGXQNP29"/>
          <ticker value="PHNX LN"/>
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        <currencyConditional curCd="GBP" exchangeRt="0.728518"/>
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        <pctVal>0.1918745931</pctVal>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>Evolution AB</name>
        <lei>N/A</lei>
        <title>EVOLUTION AB COMMON STOCK SEK.003</title>
        <cusip>BJXSCH901</cusip>
        <identifiers>
          <isin value="SE0012673267"/>
          <ticker value="EVO SS"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>RATCH Group Public Company Limited</name>
        <lei>N/A</lei>
        <title>RATCH GROUP PCL FOREIGN SH. THB10.0 A</title>
        <cusip>BK1W1W903</cusip>
        <identifiers>
          <isin value="TH0637010Y18"/>
          <ticker value="RATCH/F TB"/>
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        <balance>330619</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="32.50875"/>
        <valUSD>246025.44</valUSD>
        <pctVal>0.1715646210</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TK Elevator Holdco GmbH</name>
        <lei>N/A</lei>
        <title>TK ELEVATOR HOLDCO GMBH SR UNSECURED REGS 07/28 6.625</title>
        <cusip>BK2282626</cusip>
        <identifiers>
          <isin value="XS2198191962"/>
          <ticker value="THYELE"/>
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        <balance>90000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
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        <pctVal>0.0741142495</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ELO</name>
        <lei>N/A</lei>
        <title>ELO SACA SR UNSECURED REGS 07/27 3.25</title>
        <cusip>BK4723809</cusip>
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          <isin value="FR0013524865"/>
          <ticker value="ELOFR"/>
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        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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      <invstOrSec>
        <name>Vz Vendor Financing Ii B.V.</name>
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        <title>VZ VENDOR FINANCING II BV SR UNSECURED REGS 01/29 2.875</title>
        <cusip>BM9454034</cusip>
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          <isin value="XS2272845798"/>
          <ticker value="ZIGGO"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <securityLending>
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      <invstOrSec>
        <name>Shenergy Company Limited</name>
        <lei>N/A</lei>
        <title>SHENERGY CO LTD COMMON STOCK CNY1.0</title>
        <cusip>BP3R5V909</cusip>
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          <isin value="CNE0000005Q7"/>
          <ticker value="600642 C1"/>
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        <currencyConditional curCd="CNY" exchangeRt="7.1655"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <securityLending>
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        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CIFC FUNDING 2013-IV LTD CIFC 2013 4A ER2 144A</name>
        <lei>N/A</lei>
        <title>CIFC FUNDING 2013-IV LTD CIFC 2013 4A ER2 144A</title>
        <cusip>12549HAN5</cusip>
        <identifiers>
          <isin value="US12549HAN52"/>
          <ticker value="CIFC"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>490064.85</valUSD>
        <pctVal>0.3417442937</pctVal>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-27</maturityDt>
          <couponKind>Floating</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
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        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COMM 2014-CCRE19 Mortgage Trust</name>
        <lei>N/A</lei>
        <title>COMM 2014-CCRE19 MORTGAGE TRUS COMM 2014 CR19 D 144A</title>
        <cusip>12592GAG8</cusip>
        <identifiers>
          <isin value="US12592GAG82"/>
          <ticker value="COMM"/>
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        <balance>374784.47</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>359793.09</valUSD>
        <pctVal>0.2508999277</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>CNA Financial Corporation</name>
        <lei>549300YX2GSZD7YG1R84</lei>
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        <name>CSC Holdings LLC</name>
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        <name>CSMC 2020-NQM1 TRUST CSMC 2020 NQM1 B1 144A</name>
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        <title>CSMC 2020-NQM1 TRUST CSMC 2020 NQM1 B1 144A</title>
        <cusip>126401AE8</cusip>
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        <curCd>USD</curCd>
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          <maturityDt>2065-05-25</maturityDt>
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      <invstOrSec>
        <name>CP Atlas Buyer Inc.</name>
        <lei>N/A</lei>
        <title>CP ATLAS BUYER INC 2021 TERM LOAN B</title>
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          <isin value="US12658HAG74"/>
          <ticker value="AMBATH"/>
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        <curCd>USD</curCd>
        <valUSD>198479.42</valUSD>
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        <assetCat>LON</assetCat>
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        <name>CVS Health Corporation</name>
        <lei>549300EJG376EN5NQE29</lei>
        <title>CVS HEALTH CORP COMMON STOCK USD.01</title>
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          <isin value="US1266501006"/>
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        <assetCat>EC</assetCat>
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        <name>COMM 2024-CBM MORTGAGE TRUST COMM 2024 CBM D 144A</name>
        <lei>N/A</lei>
        <title>COMM 2024-CBM MORTGAGE TRUST COMM 2024 CBM D 144A</title>
        <cusip>12674GAL8</cusip>
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          <isin value="US12674GAL86"/>
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        <curCd>USD</curCd>
        <valUSD>557219.09</valUSD>
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        <issuerCat>CORP</issuerCat>
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        <name>Coterra Energy Inc.</name>
        <lei>FCNMH6O7VWU7LHXMK351</lei>
        <title>COTERRA ENERGY INC COMMON STOCK USD.1</title>
        <cusip>127097103</cusip>
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          <isin value="US1270971039"/>
          <ticker value="CTRA US"/>
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        <balance>2501</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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      <invstOrSec>
        <name>Caesars Entertainment Inc.</name>
        <lei>N/A</lei>
        <title>CAESARS ENTERTAINMENT INC COMPANY GUAR 144A 10/29 4.625</title>
        <cusip>12769GAA8</cusip>
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          <isin value="US12769GAA85"/>
          <ticker value="CZR"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Caesars Entertainment Inc.</name>
        <lei>N/A</lei>
        <title>CAESARS ENTERTAINMENT INC COMPANY GUAR 144A 10/32 6</title>
        <cusip>12769GAD2</cusip>
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          <isin value="US12769GAD25"/>
          <ticker value="CZR"/>
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        <curCd>USD</curCd>
        <valUSD>122588.99</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>The Campbell's Company</name>
        <lei>5493007JDSMX8Z5Z1902</lei>
        <title>THE CAMPBELL'S COMPANY COMMON STOCK USD.0375</title>
        <cusip>134429109</cusip>
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          <isin value="US1344291091"/>
          <ticker value="CPB US"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <name>CARLYLE GLOBAL MARKET STRATEGI CGMS 2016 1A DR3 144A</name>
        <lei>N/A</lei>
        <title>CARLYLE GLOBAL MARKET STRATEGI CGMS 2016 1A DR3 144A</title>
        <cusip>14312KAS8</cusip>
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          <isin value="US14312KAS87"/>
          <ticker value="CGMS"/>
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        <curCd>USD</curCd>
        <valUSD>557717.64</valUSD>
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        <invCountry>KY</invCountry>
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        <name>Chevron Corporation</name>
        <lei>N/A</lei>
        <title>CHEVRON CORP COMMON STOCK USD.75</title>
        <cusip>166764100</cusip>
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          <ticker value="CVX US"/>
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        <assetCat>EC</assetCat>
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        <name>Chunghwa Telecom Co. Ltd.</name>
        <lei>N/A</lei>
        <title>CHUNGHWA TELECOM CO LTD ADR</title>
        <cusip>17133Q502</cusip>
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          <ticker value="CHT US"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
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        <name>Cimpress Public Limited Company</name>
        <lei>N/A</lei>
        <title>CIMPRESS PLC COMPANY GUAR 144A 09/32 7.375</title>
        <cusip>17186HAH5</cusip>
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          <ticker value="CMPR"/>
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        <valUSD>143175.36</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
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        <name>Cinemark USA Inc.</name>
        <lei>54930008H2137JSCPQ09</lei>
        <title>CINEMARK USA INC COMPANY GUAR 144A 07/28 5.25</title>
        <cusip>172441BF3</cusip>
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          <isin value="US172441BF30"/>
          <ticker value="CNK"/>
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        <name>Clear Channel Outdoor Holdings Inc.</name>
        <lei>N/A</lei>
        <title>CLEAR CHANNEL OUTDOOR HOLDINGS COMPANY GUAR 144A 06/29 7.5</title>
        <cusip>18453HAD8</cusip>
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          <isin value="US18453HAD89"/>
          <ticker value="CCO"/>
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        <curCd>USD</curCd>
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          <couponKind>Fixed</couponKind>
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        <name>Clear Channel Outdoor Holdings Inc.</name>
        <lei>N/A</lei>
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        <cusip>18453HAF3</cusip>
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          <isin value="US18453HAF38"/>
          <ticker value="CCO"/>
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          <isLoanByFund>N</isLoanByFund>
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        <name>Clearway Energy Operating LLC</name>
        <lei>549300Z3NFMM54NWBB87</lei>
        <title>CLEARWAY ENERGY OPERATING LLC COMPANY GUAR 144A 03/28 4.75</title>
        <cusip>18539UAC9</cusip>
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          <isin value="US18539UAC99"/>
          <ticker value="CWENA"/>
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        <curCd>USD</curCd>
        <valUSD>49404.31</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Clearway Energy Operating LLC</name>
        <lei>549300Z3NFMM54NWBB87</lei>
        <title>CLEARWAY ENERGY OPERATING LLC COMPANY GUAR 144A 02/31 3.75</title>
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          <ticker value="CWENA"/>
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        <curCd>USD</curCd>
        <valUSD>183643.58</valUSD>
        <pctVal>0.1280629401</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Clydesdale Acquisition Holdings Inc.</name>
        <lei>N/A</lei>
        <title>CLYDESDALE ACQUISITION HOLDING SR SECURED 144A 04/29 6.625</title>
        <cusip>18972EAA3</cusip>
        <identifiers>
          <isin value="US18972EAA38"/>
          <ticker value="NOVHOL"/>
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        <curCd>USD</curCd>
        <valUSD>25362.12</valUSD>
        <pctVal>0.0176861487</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Clydesdale Acquisition Holdings Inc.</name>
        <lei>N/A</lei>
        <title>CLYDESDALE ACQUISITION HOLDING SR SECURED 144A 01/30 6.875</title>
        <cusip>18972EAC9</cusip>
        <identifiers>
          <isin value="US18972EAC93"/>
          <ticker value="NOVHOL"/>
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        <curCd>USD</curCd>
        <valUSD>40891.11</valUSD>
        <pctVal>0.0285152128</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.875000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>The Coca-Cola Company</name>
        <lei>UWJKFUJFZ02DKWI3RY53</lei>
        <title>COCA-COLA CO/THE COMMON STOCK USD.25</title>
        <cusip>191216100</cusip>
        <identifiers>
          <isin value="US1912161007"/>
          <ticker value="KO US"/>
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        <balance>6875</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>486406.25</valUSD>
        <pctVal>0.3391929872</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Colombia Government International Bond</name>
        <lei>N/A</lei>
        <title>COLOMBIA GOVERNMENT INTERNATIO SR UNSECURED 01/30 3</title>
        <cusip>195325DR3</cusip>
        <identifiers>
          <isin value="US195325DR36"/>
          <ticker value="COLOM"/>
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        <balance>200000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>172740.76</valUSD>
        <pctVal>0.1204599127</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COMM 2015-LC19 MORTGAGE TRUST COMM 2015 LC19 D 144A</name>
        <lei>N/A</lei>
        <title>COMM 2015-LC19 MORTGAGE TRUST COMM 2015 LC19 D 144A</title>
        <cusip>200474AE4</cusip>
        <identifiers>
          <isin value="US200474AE49"/>
          <ticker value="COMM"/>
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        <balance>150000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>135759.41</valUSD>
        <pctVal>0.0946711516</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-02-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.867000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Conagra Brands Inc.</name>
        <lei>54930035UDEIH090K650</lei>
        <title>CONAGRA BRANDS INC COMMON STOCK USD5.0</title>
        <cusip>205887102</cusip>
        <identifiers>
          <isin value="US2058871029"/>
          <ticker value="CAG US"/>
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        <balance>16100</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>329567</valUSD>
        <pctVal>0.2298219137</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Connecticut Avenue Securities Trust 2022-R04</name>
        <lei>N/A</lei>
        <title>CONNECTICUT AVENUE SECURITIES CAS 2022 R04 1B2 144A</title>
        <cusip>20753YAL6</cusip>
        <identifiers>
          <isin value="US20753YAL65"/>
          <ticker value="CAS"/>
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        <balance>370000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>411940.43</valUSD>
        <pctVal>0.2872646167</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-03-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>13.805170000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Connecticut Avenue Securities Trust 2022-R05</name>
        <lei>N/A</lei>
        <title>CONNECTICUT AVENUE SECURITIES CAS 2022 R05 2B2 144A</title>
        <cusip>20754DAJ6</cusip>
        <identifiers>
          <isin value="US20754DAJ63"/>
          <ticker value="CAS"/>
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        <balance>500000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>540865.3</valUSD>
        <pctVal>0.3771697357</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-04-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>11.305170000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FANNIE MAE CONNECTICUT AVENUE CAS 2021 R02 2B2 144A</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FANNIE MAE CONNECTICUT AVENUE CAS 2021 R02 2B2 144A</title>
        <cusip>20754KAJ0</cusip>
        <identifiers>
          <isin value="US20754KAJ07"/>
          <ticker value="CAS"/>
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        <balance>500000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>524553.25</valUSD>
        <pctVal>0.3657946085</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-11-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.505170000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Connecticut Avenue Securities Trust 2022-R07</name>
        <lei>N/A</lei>
        <title>CONNECTICUT AVENUE SECURITIES CAS 2022 R07 1B2 144A</title>
        <cusip>20754MAL1</cusip>
        <identifiers>
          <isin value="US20754MAL19"/>
          <ticker value="CAS"/>
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        <balance>500000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>585023.85</valUSD>
        <pctVal>0.4079634816</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-06-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>16.306210000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Connecticut Avenue Securities Trust 2021-R01</name>
        <lei>N/A</lei>
        <title>CONNECTICUT AVENUE SECURITIES CAS 2021 R01 1B2 144A</title>
        <cusip>20754RAJ5</cusip>
        <identifiers>
          <isin value="US20754RAJ59"/>
          <ticker value="CAS"/>
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        <balance>490000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>511518.5</valUSD>
        <pctVal>0.3567048902</pctVal>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-10-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.305170000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Reworld Holding Corporation</name>
        <lei>40XIFLS8XDQGGHGPGC04</lei>
        <title>REWORLD HOLDING CORP COMPANY GUAR 09/30 5</title>
        <cusip>22282EAJ1</cusip>
        <identifiers>
          <isin value="US22282EAJ10"/>
          <ticker value="CVA"/>
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        <balance>80000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>75611.23</valUSD>
        <pctVal>0.0527271164</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Reworld Holding Corporation</name>
        <lei>40XIFLS8XDQGGHGPGC04</lei>
        <title>REWORLD HOLDING CORP COMPANY GUAR 144A 12/29 4.875</title>
        <cusip>22303XAA3</cusip>
        <identifiers>
          <isin value="US22303XAA37"/>
          <ticker value="CVA"/>
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        <balance>55000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>52323.91</valUSD>
        <pctVal>0.0364878193</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.875000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Credit Acceptance Corporation</name>
        <lei>N/A</lei>
        <title>CREDIT ACCEPTANCE CORP COMPANY GUAR 144A 12/28 9.25</title>
        <cusip>225310AQ4</cusip>
        <identifiers>
          <isin value="US225310AQ40"/>
          <ticker value="CACC"/>
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        <balance>100000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>105864.2</valUSD>
        <pctVal>0.0738238751</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.250000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Credit Acceptance Corporation</name>
        <lei>N/A</lei>
        <title>CREDIT ACCEPTANCE CORP COMPANY GUAR 144A 03/30 6.625</title>
        <cusip>225310AS0</cusip>
        <identifiers>
          <isin value="US225310AS06"/>
          <ticker value="CACC"/>
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        <balance>50000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>50616.75</valUSD>
        <pctVal>0.0352973397</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.625000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DT Midstream Inc.</name>
        <lei>N/A</lei>
        <title>DT MIDSTREAM INC COMPANY GUAR 144A 06/31 4.375</title>
        <cusip>23345MAB3</cusip>
        <identifiers>
          <isin value="US23345MAB37"/>
          <ticker value="DTMINC"/>
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        <balance>150000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>143637.68</valUSD>
        <pctVal>0.1001650241</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.375000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DIAMOND FOREIGN ASSET CO / DIA SECURED 144A 10/30 8.5</name>
        <lei>N/A</lei>
        <title>DIAMOND FOREIGN ASSET CO / DIA SECURED 144A 10/30 8.5</title>
        <cusip>25260WAD3</cusip>
        <identifiers>
          <isin value="US25260WAD39"/>
          <ticker value="DO"/>
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        <balance>125000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>130154.63</valUSD>
        <pctVal>0.0907626860</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>SOLD CHF/BOUGHT USD</name>
        <lei>N/A</lei>
        <title>SOLD CHF/BOUGHT USD</title>
        <cusip>N/A</cusip>
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          <other otherDesc="TRADE ID" value="25FFKBBSPRZ"/>
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        <balance>1</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-99661.29</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <fwdDeriv derivCat="FWD">
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              <counterpartyName>GOLDMAN SACHS INTERNATIONAL</counterpartyName>
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            <amtCurSold>2615000.000000000000</amtCurSold>
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        </derivativeInfo>
        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>SOLD EUR/BOUGHT USD</name>
        <lei>N/A</lei>
        <title>SOLD EUR/BOUGHT USD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="TRADE ID" value="25FFKBBW7TH"/>
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        <balance>1</balance>
        <units>NC</units>
        <curCd>USD</curCd>
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        <assetCat>DFE</assetCat>
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        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
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          <fwdDeriv derivCat="FWD">
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              <counterpartyName>DEUTSCHE BANK AG</counterpartyName>
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            <amtCurSold>8032000.000000000000</amtCurSold>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>SOLD JPY/BOUGHT USD</name>
        <lei>N/A</lei>
        <title>SOLD JPY/BOUGHT USD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="TRADE ID" value="25FFKBBZ8HL"/>
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        <balance>1</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-3331.94</valUSD>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
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              <counterpartyName>MORGAN STANLEY AND CO. INTERNATIONAL PLC</counterpartyName>
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            <amtCurSold>253000000.000000000000</amtCurSold>
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      </invstOrSec>
      <invstOrSec>
        <name>BOUGHT CHF/SOLD USD</name>
        <lei>N/A</lei>
        <title>BOUGHT CHF/SOLD USD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="TRADE ID" value="25FLKBB430J"/>
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        <balance>1</balance>
        <units>NC</units>
        <currencyConditional curCd="CHF" exchangeRt="N/A"/>
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        <pctVal>0.0299574270</pctVal>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>MORGAN STANLEY AND CO. INTERNATIONAL PLC</counterpartyName>
              <counterpartyLei>4PQUHN3JPFGFNF3BB653</counterpartyLei>
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            <amtCurSold>1598533.610000000000</amtCurSold>
            <curSold>USD</curSold>
            <amtCurPur>1290000.000000000000</amtCurPur>
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            <unrealizedAppr>42959.260000000000</unrealizedAppr>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SOLD EUR/BOUGHT USD</name>
        <lei>N/A</lei>
        <title>SOLD EUR/BOUGHT USD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="TRADE ID" value="25FNKBB71RF"/>
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        <balance>1</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-176925.73</valUSD>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>DEUTSCHE BANK AG</counterpartyName>
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            <amtCurSold>7003300.000000000000</amtCurSold>
            <curSold>EUR</curSold>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SOLD GBP/BOUGHT USD</name>
        <lei>N/A</lei>
        <title>SOLD GBP/BOUGHT USD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="TRADE ID" value="25FNKBBLZFZ"/>
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        <balance>1</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-39713.54</valUSD>
        <pctVal>-0.0276940402</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>GOLDMAN SACHS INTERNATIONAL</counterpartyName>
              <counterpartyLei>W22LROWP2IHZNBB6K528</counterpartyLei>
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            <amtCurSold>1298400.000000000000</amtCurSold>
            <curSold>GBP</curSold>
            <amtCurPur>1742763.120000000000</amtCurPur>
            <curPur>USD</curPur>
            <settlementDt>2025-07-31</settlementDt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SOLD EUR/BOUGHT USD</name>
        <lei>N/A</lei>
        <title>SOLD EUR/BOUGHT USD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="TRADE ID" value="25FNKBBSB4B"/>
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        <balance>1</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-3570.75</valUSD>
        <pctVal>-0.0024900448</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>STATE STREET BANK AND TRUST COMPANY</counterpartyName>
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            <amtCurSold>115000.000000000000</amtCurSold>
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            <amtCurPur>132153.190000000000</amtCurPur>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Dow Inc.</name>
        <lei>N/A</lei>
        <title>DOW INC COMMON STOCK USD.01</title>
        <cusip>260557103</cusip>
        <identifiers>
          <isin value="US2605571031"/>
          <ticker value="DOW US"/>
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        <balance>17747</balance>
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        <curCd>USD</curCd>
        <valUSD>469940.56</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>EchoStar Corporation</name>
        <lei>549300EE20907QZ9GT38</lei>
        <title>ECHOSTAR CORP SR SECURED 11/30 6.75</title>
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          <isin value="US278768AA44"/>
          <ticker value="SATS"/>
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        <balance>147784</balance>
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        <curCd>USD</curCd>
        <valUSD>134872.17</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-30</maturityDt>
          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>EchoStar Corporation</name>
        <lei>549300EE20907QZ9GT38</lei>
        <title>ECHOSTAR CORP SR SECURED 11/29 10.75</title>
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          <isin value="US278768AC00"/>
          <ticker value="SATS"/>
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        <balance>30000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>30900</valUSD>
        <pctVal>0.0215479618</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-30</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>Ecopetrol S.A.</name>
        <lei>N/A</lei>
        <title>ECOPETROL SA SR UNSECURED 01/36 8.375</title>
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          <isin value="US279158AV11"/>
          <ticker value="ECOPET"/>
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        <balance>50000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>48243.33</valUSD>
        <pctVal>0.0336422470</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-01-19</maturityDt>
          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Ecopetrol S.A.</name>
        <lei>N/A</lei>
        <title>ECOPETROL SA SR UNSECURED 02/32 7.75</title>
        <cusip>279158AW9</cusip>
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          <isin value="US279158AW93"/>
          <ticker value="ECOPET"/>
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        <balance>125000</balance>
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        <curCd>USD</curCd>
        <valUSD>122844.01</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.750000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Edison International</name>
        <lei>N/A</lei>
        <title>EDISON INTERNATIONAL COMMON STOCK</title>
        <cusip>281020107</cusip>
        <identifiers>
          <isin value="US2810201077"/>
          <ticker value="EIX US"/>
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        <balance>1953</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>100774.8</valUSD>
        <pctVal>0.0702748072</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Emerson Electric Co.</name>
        <lei>FGLT0EWZSUIRRITFOA30</lei>
        <title>EMERSON ELECTRIC CO COMMON STOCK USD.5</title>
        <cusip>291011104</cusip>
        <identifiers>
          <isin value="US2910111044"/>
          <ticker value="EMR US"/>
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        <balance>617</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>82264.61</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Enerflex Ltd.</name>
        <lei>54930014N7872VUS3F89</lei>
        <title>ENERFLEX LTD SR SECURED 144A 10/27 9</title>
        <cusip>29269RAA3</cusip>
        <identifiers>
          <isin value="US29269RAA32"/>
          <ticker value="EFXCN"/>
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        <balance>60000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>61869.6</valUSD>
        <pctVal>0.0431444589</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Eversource Energy</name>
        <lei>SJ7XXD41SQU3ZNWUJ746</lei>
        <title>EVERSOURCE ENERGY COMMON STOCK USD5.0</title>
        <cusip>30040W108</cusip>
        <identifiers>
          <isin value="US30040W1080"/>
          <ticker value="ES US"/>
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        <balance>2527</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>160767.74</valUSD>
        <pctVal>0.1121105865</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Extra Space Storage Inc.</name>
        <lei>N/A</lei>
        <title>EXTRA SPACE STORAGE INC REIT USD.01</title>
        <cusip>30225T102</cusip>
        <identifiers>
          <isin value="US30225T1025"/>
          <ticker value="EXR US"/>
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        <balance>535</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>78880.4</valUSD>
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      <invstOrSec>
        <name>EXTENDED STAY AMERICA TRUST 20 ESA 2021 ESH F 144A</name>
        <lei>N/A</lei>
        <title>EXTENDED STAY AMERICA TRUST 20 ESA 2021 ESH F 144A</title>
        <cusip>30227FAN0</cusip>
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        <valUSD>407420.68</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>
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      <invstOrSec>
        <name>Exxon Mobil Corporation</name>
        <lei>J3WHBG0MTS7O8ZVMDC91</lei>
        <title>EXXON MOBIL CORP COMMON STOCK</title>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FMG Resources (August 2006) Pty Ltd</name>
        <lei>549300EFD6S2NFE9D745</lei>
        <title>FMG RESOURCES AUGUST 2006 PTY COMPANY GUAR 144A 04/30 5.875</title>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>FREDDIE MAC MULTIFAMILY STRUCT FHMS K759 X3</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FREDDIE MAC MULTIFAMILY STRUCT FHMS K759 X3</title>
        <cusip>3137HJZV2</cusip>
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          <ticker value="FHMS"/>
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        <curCd>USD</curCd>
        <valUSD>521002.09</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2057-02-25</maturityDt>
          <couponKind>Variable</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>Ford Motor Company</name>
        <lei>20S05OYHG0MQM4VUIC57</lei>
        <title>FORD MOTOR CO COMMON STOCK USD.01</title>
        <cusip>345370860</cusip>
        <identifiers>
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          <ticker value="F US"/>
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        <balance>7818</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Fortress Intermediate 3 Inc.</name>
        <lei>N/A</lei>
        <title>FORTRESS INTERMEDIATE 3 INC SR SECURED 144A 06/31 7.5</title>
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          <isin value="US34966MAA09"/>
          <ticker value="PSDO"/>
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        <curCd>USD</curCd>
        <valUSD>151904.47</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Franklin Resources Inc.</name>
        <lei>RIFQSET379FOGTEFKS80</lei>
        <title>FRANKLIN RESOURCES INC COMMON STOCK USD.1</title>
        <cusip>354613101</cusip>
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          <ticker value="BEN US"/>
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        <curCd>USD</curCd>
        <valUSD>739827</valUSD>
        <pctVal>0.5159146909</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>Freedom Mortgage Corporation</name>
        <lei>549300LYRWPSYPK6S325</lei>
        <title>FREEDOM MORTGAGE CORP SR UNSECURED 144A 10/28 12</title>
        <cusip>35640YAK3</cusip>
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          <isin value="US35640YAK38"/>
          <ticker value="FREMOR"/>
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        <balance>65000</balance>
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        <curCd>USD</curCd>
        <valUSD>69902.51</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>12.000000000000</annualizedRt>
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      <invstOrSec>
        <name>Freedom Mortgage Holdings LLC</name>
        <lei>N/A</lei>
        <title>FREEDOM MORTGAGE HOLDINGS LLC SR UNSECURED 144A 02/29 9.25</title>
        <cusip>35641AAA6</cusip>
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          <ticker value="FREMOR"/>
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        <curCd>USD</curCd>
        <valUSD>67514.2</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.250000000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Freedom Mortgage Holdings LLC</name>
        <lei>N/A</lei>
        <title>FREEDOM MORTGAGE HOLDINGS LLC SR UNSECURED 144A 04/32 8.375</title>
        <cusip>35641AAC2</cusip>
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          <ticker value="FREMOR"/>
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        <balance>65000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.375000000000</annualizedRt>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Gaming and Leisure Properties Inc.</name>
        <lei>5493006GWRDBCZYWTM57</lei>
        <title>GAMING AND LEISURE PROPERTIES REIT</title>
        <cusip>36467J108</cusip>
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          <ticker value="GLPI US"/>
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        <balance>11648</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>543728.64</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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        <name>Garda World Security Corp</name>
        <lei>549300ZF1NDXLMCHNO20</lei>
        <title>GARDA WORLD SECURITY CORP SR UNSECURED 144A 08/32 8.25</title>
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          <isin value="US36485MAN92"/>
          <ticker value="GWCN"/>
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        <balance>65000</balance>
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        <curCd>USD</curCd>
        <valUSD>66703.2</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>8.250000000000</annualizedRt>
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      <invstOrSec>
        <name>Garda World Security Corp</name>
        <lei>549300ZF1NDXLMCHNO20</lei>
        <title>GARDA WORLD SECURITY CORP SR UNSECURED 144A 11/32 8.375</title>
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          <ticker value="GWCN"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>General Mills Inc.</name>
        <lei>2TGYMUGI08PO8X8L6150</lei>
        <title>GENERAL MILLS INC COMMON STOCK USD.1</title>
        <cusip>370334104</cusip>
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          <ticker value="GIS US"/>
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        <curCd>USD</curCd>
        <valUSD>345158.22</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Genuine Parts Company</name>
        <lei>N/A</lei>
        <title>GENUINE PARTS CO COMMON STOCK USD1.0</title>
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          <isin value="US3724601055"/>
          <ticker value="GPC US"/>
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        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>290052.21</valUSD>
        <pctVal>0.2022664708</pctVal>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Gilead Sciences Inc.</name>
        <lei>549300WTZWR07K8MNV44</lei>
        <title>GILEAD SCIENCES INC COMMON STOCK USD.001</title>
        <cusip>375558103</cusip>
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          <isin value="US3755581036"/>
          <ticker value="GILD US"/>
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        <balance>2393</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
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      <invstOrSec>
        <name>GO DADDY OPERATING CO LLC / GD COMPANY GUAR 144A 03/29 3.5</name>
        <lei>N/A</lei>
        <title>GO DADDY OPERATING CO LLC / GD COMPANY GUAR 144A 03/29 3.5</title>
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          <isin value="US38016LAC90"/>
          <ticker value="GDDY"/>
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        <curCd>USD</curCd>
        <valUSD>51971.98</valUSD>
        <pctVal>0.0362424026</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>GREAT CANADIAN GAMING CORP/RAP SR SECURED 144A 11/29 8.75</name>
        <lei>N/A</lei>
        <title>GREAT CANADIAN GAMING CORP/RAP SR SECURED 144A 11/29 8.75</title>
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          <isin value="US389925AA64"/>
          <ticker value="GCCN"/>
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        <curCd>USD</curCd>
        <valUSD>53835.06</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.750000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Bouygues</name>
        <lei>N/A</lei>
        <title>BOUYGUES SA COMMON STOCK EUR1.0</title>
        <cusip>400212908</cusip>
        <identifiers>
          <isin value="FR0000120503"/>
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        <assetCat>EC</assetCat>
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        <invCountry>FR</invCountry>
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      <invstOrSec>
        <name>HP Inc.</name>
        <lei>WHKXQACZ14C5XRO8LW03</lei>
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          <isin value="US40434L1052"/>
          <ticker value="HPQ US"/>
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        <curCd>USD</curCd>
        <valUSD>638528.3</valUSD>
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        <assetCat>EC</assetCat>
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      <invstOrSec>
        <name>Generali</name>
        <lei>549300X5UKJVE386ZB61</lei>
        <title>GENERALI COMMON STOCK</title>
        <cusip>405671009</cusip>
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          <isin value="IT0000062072"/>
          <ticker value="G IM"/>
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        <balance>7467</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
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      <invstOrSec>
        <name>Healthpeak Properties Inc.</name>
        <lei>N/A</lei>
        <title>HEALTHPEAK PROPERTIES INC REIT USD1.0</title>
        <cusip>42250P103</cusip>
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          <isin value="US42250P1030"/>
          <ticker value="DOC US"/>
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        <balance>14758</balance>
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        <curCd>USD</curCd>
        <valUSD>258412.58</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Hertz Vehicle Financing III LLC</name>
        <lei>N/A</lei>
        <title>HERTZ VEHICLE FINANCING III LL HERTZ 2023 3A D 144A</title>
        <cusip>42806MCD9</cusip>
        <identifiers>
          <isin value="US42806MCD92"/>
          <ticker value="HERTZ"/>
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        <balance>500000</balance>
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        <curCd>USD</curCd>
        <valUSD>511705.45</valUSD>
        <pctVal>0.3568352589</pctVal>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-02-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.430000000000</annualizedRt>
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      <invstOrSec>
        <name>Hertz Vehicle Financing III LLC</name>
        <lei>N/A</lei>
        <title>HERTZ VEHICLE FINANCING III LL HERTZ 2025 1A D 144A</title>
        <cusip>42806MCW7</cusip>
        <identifiers>
          <isin value="US42806MCW73"/>
          <ticker value="HERTZ"/>
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        <balance>250000</balance>
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        <curCd>USD</curCd>
        <valUSD>249254.63</valUSD>
        <pctVal>0.1738164806</pctVal>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2029-09-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.980000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Hightower Holding LLC</name>
        <lei>N/A</lei>
        <title>HIGHTOWER HOLDING LLC SR UNSECURED 144A 01/30 9.125</title>
        <cusip>43118DAB6</cusip>
        <identifiers>
          <isin value="US43118DAB64"/>
          <ticker value="HIGTOW"/>
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        <balance>150000</balance>
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        <curCd>USD</curCd>
        <valUSD>159080.72</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.125000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>The Home Depot Inc.</name>
        <lei>QEKMOTMBBKA8I816DO57</lei>
        <title>HOME DEPOT INC/THE COMMON STOCK USD.05</title>
        <cusip>437076102</cusip>
        <identifiers>
          <isin value="US4370761029"/>
          <ticker value="HD US"/>
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        <balance>907</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>332542.48</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Service Properties Trust</name>
        <lei>N/A</lei>
        <title>SERVICE PROPERTIES TRUST SR UNSECURED 02/30 4.375</title>
        <cusip>44106MAY8</cusip>
        <identifiers>
          <isin value="US44106MAY84"/>
          <ticker value="SVC"/>
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        <balance>100000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>84090.12</valUSD>
        <pctVal>0.0586398283</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.375000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Service Properties Trust</name>
        <lei>N/A</lei>
        <title>SERVICE PROPERTIES TRUST SR UNSECURED 10/29 4.95</title>
        <cusip>44106MBB7</cusip>
        <identifiers>
          <isin value="US44106MBB72"/>
          <ticker value="SVC"/>
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        <balance>50000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>43629.68</valUSD>
        <pctVal>0.0304249411</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.950000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HUB International Ltd</name>
        <lei>549300JQT6ATTUNS5E06</lei>
        <title>HUB INTERNATIONAL LTD SR SECURED 144A 06/30 7.25</title>
        <cusip>44332PAH4</cusip>
        <identifiers>
          <isin value="US44332PAH47"/>
          <ticker value="HBGCN"/>
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        <balance>50000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>52251.75</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.250000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HUB International Ltd</name>
        <lei>549300JQT6ATTUNS5E06</lei>
        <title>HUB INTERNATIONAL LTD SR UNSECURED 144A 01/32 7.375</title>
        <cusip>44332PAJ0</cusip>
        <identifiers>
          <isin value="US44332PAJ03"/>
          <ticker value="HBGCN"/>
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        <balance>50000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>52316.42</valUSD>
        <pctVal>0.0364825961</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.375000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Hudson Pacific Properties L.P.</name>
        <lei>N/A</lei>
        <title>HUDSON PACIFIC PROPERTIES LP COMPANY GUAR 04/29 4.65</title>
        <cusip>44409MAB2</cusip>
        <identifiers>
          <isin value="US44409MAB28"/>
          <ticker value="HPP"/>
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        <balance>220000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>197661.9</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.650000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Insight Enterprises Inc.</name>
        <lei>N/A</lei>
        <title>INSIGHT ENTERPRISES INC COMPANY GUAR 144A 05/32 6.625</title>
        <cusip>45765UAC7</cusip>
        <identifiers>
          <isin value="US45765UAC71"/>
          <ticker value="NSIT"/>
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        <balance>100000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>103013.6</valUSD>
        <pctVal>0.0718360233</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.625000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>International Business Machines Corporation</name>
        <lei>VGRQXHF3J8VDLUA7XE92</lei>
        <title>INTERNATIONAL BUSINESS MACHINE COMMON STOCK USD.2</title>
        <cusip>459200101</cusip>
        <identifiers>
          <isin value="US4592001014"/>
          <ticker value="IBM US"/>
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        <balance>4110</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1211545.8</valUSD>
        <pctVal>0.8448654576</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>International Paper Company</name>
        <lei>824LMFJDH41EY779Q875</lei>
        <title>INTERNATIONAL PAPER CO COMMON STOCK USD1.0</title>
        <cusip>460146103</cusip>
        <identifiers>
          <isin value="US4601461035"/>
          <ticker value="IP US"/>
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        <balance>1423</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>66639.09</valUSD>
        <pctVal>0.0464704391</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>The Interpublic Group of Companies Inc.</name>
        <lei>5493008IUOJ5VWTRC333</lei>
        <title>INTERPUBLIC GROUP OF COS INC/T COMMON STOCK USD.1</title>
        <cusip>460690100</cusip>
        <identifiers>
          <isin value="US4606901001"/>
          <ticker value="IPG US"/>
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        <balance>5861</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>143477.28</valUSD>
        <pctVal>0.1000531699</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>IQVIA Inc.</name>
        <lei>N/A</lei>
        <title>IQVIA INC COMPANY GUAR 144A 06/32 6.25</title>
        <cusip>46266TAG3</cusip>
        <identifiers>
          <isin value="US46266TAG31"/>
          <ticker value="IQV"/>
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        <balance>165000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>169326</valUSD>
        <pctVal>0.1180786467</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>6.250000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>JPMorgan Chase and Co.</name>
        <lei>8I5DZWZKVSZI1NUHU748</lei>
        <title>JPMORGAN CHASE and CO COMMON STOCK USD1.0</title>
        <cusip>46625H100</cusip>
        <identifiers>
          <isin value="US46625H1005"/>
          <ticker value="JPM US"/>
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        <balance>5366</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1555657.06</valUSD>
        <pctVal>1.0848297389</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bank VTB (Publichnoye Aktsionernoye Obshchestvo)</name>
        <lei>N/A</lei>
        <title>VTB BANK PJSC DEPOSITORY RECEIPT</title>
        <cusip>46630Q202</cusip>
        <identifiers>
          <isin value="US46630Q2021"/>
          <ticker value="VTBR"/>
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        <balance>55420</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>0.06</valUSD>
        <pctVal>0.0000000418</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>JPMBB Commercial Mortgage Securities Trust 2014-C23</name>
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        <name>Telenor ASA</name>
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        <name>Johnson and Johnson</name>
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        <name>SAP SE</name>
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        <name>KeyCorp</name>
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        <name>Kimberly-Clark Corporation</name>
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        <name>The Kraft Heinz Company</name>
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        <name>Hellenic Telecommunications Organization S.A.</name>
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        <name>Vital Energy Inc.</name>
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        <name>Allianz SE</name>
        <lei>N/A</lei>
        <title>ALLIANZ SE COMMON STOCK</title>
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        <name>Endesa SA</name>
        <lei>549300LHK07F2CHV4X31</lei>
        <title>ENDESA SA COMMON STOCK EUR1.2</title>
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        <name>Level 3 Financing Inc.</name>
        <lei>N/A</lei>
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        <name>Level 3 Financing Inc.</name>
        <lei>N/A</lei>
        <title>LEVEL 3 FINANCING INC SECURED 144A 10/30 3.875</title>
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        <name>Muenchener Rueckversicherungs-Gesellschaft Aktiengesellschaft in Muenchen</name>
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        <title>MUENCHENER RUECKVERSICHERUNGS- COMMON STOCK</title>
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        <name>Lockheed Martin Corporation</name>
        <lei>DPRBOZP0K5RM2YE8UU08</lei>
        <title>LOCKHEED MARTIN CORP COMMON STOCK USD1.0</title>
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          <ticker value="LMT US"/>
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        <name>Banco Bilbao Vizcaya Argentaria S.A.</name>
        <lei>K8MS7FD7N5Z2WQ51AZ71</lei>
        <title>BANCO BILBAO VIZCAYA ARGENTARI COMMON STOCK EUR.49</title>
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          <ticker value="BBVA SM"/>
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        <invCountry>ES</invCountry>
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        <name>MandT Bank Corporation</name>
        <lei>N/A</lei>
        <title>MandT BANK CORP COMMON STOCK USD.5</title>
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          <ticker value="MTB US"/>
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        <name>Mercedes-Benz Group AG</name>
        <lei>N/A</lei>
        <title>MERCEDES-BENZ GROUP AG COMMON STOCK</title>
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        <invCountry>DE</invCountry>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>M/I Homes Inc.</name>
        <lei>N/A</lei>
        <title>M/I HOMES INC COMPANY GUAR 02/30 3.95</title>
        <cusip>55305BAV3</cusip>
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          <ticker value="MHO"/>
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        <curCd>USD</curCd>
        <valUSD>51446.43</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.950000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Swisscom AG</name>
        <lei>5493005SL9HHOXS3B739</lei>
        <title>SWISSCOM AG COMMON STOCK CHF1.0</title>
        <cusip>553397902</cusip>
        <identifiers>
          <isin value="CH0008742519"/>
          <ticker value="SCMN SW"/>
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        <balance>201</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.79345"/>
        <valUSD>142727.78</valUSD>
        <pctVal>0.0995305098</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>WarnerMedia Holdings Inc.</name>
        <lei>N/A</lei>
        <title>WARNERMEDIA HOLDINGS INC COMPANY GUAR 03/52 5.141</title>
        <cusip>55903VBE2</cusip>
        <identifiers>
          <isin value="US55903VBE20"/>
          <ticker value="WBD"/>
        </identifiers>
        <balance>100000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>69750</valUSD>
        <pctVal>0.0486398167</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.141000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MAGNETITE XLV LTD MAGNE 2025 45A SUB 144A</name>
        <lei>N/A</lei>
        <title>MAGNETITE XLV LTD MAGNE 2025 45A SUB 144A</title>
        <cusip>55956DAE9</cusip>
        <identifiers>
          <isin value="US55956DAE94"/>
          <ticker value="MAGNE"/>
        </identifiers>
        <balance>250000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>223439.5</valUSD>
        <pctVal>0.1558144277</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-04-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CEZ a. s.</name>
        <lei>N/A</lei>
        <title>CEZ AS COMMON STOCK CZK100.0</title>
        <cusip>562403907</cusip>
        <identifiers>
          <isin value="CZ0005112300"/>
          <ticker value="CEZ CP"/>
        </identifiers>
        <balance>12238</balance>
        <units>NS</units>
        <currencyConditional curCd="CZK" exchangeRt="20.9903"/>
        <valUSD>718734.42</valUSD>
        <pctVal>0.5012058848</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CZ</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sanofi</name>
        <lei>549300E9PC51EN656011</lei>
        <title>SANOFI SA COMMON STOCK EUR2.0</title>
        <cusip>567173901</cusip>
        <identifiers>
          <isin value="FR0000120578"/>
          <ticker value="SAN FP"/>
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        <balance>1232</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>119274.55</valUSD>
        <pctVal>0.0831755162</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Siemens Aktiengesellschaft</name>
        <lei>W38RGI023J3WT1HWRP32</lei>
        <title>SIEMENS AG COMMON STOCK</title>
        <cusip>572797900</cusip>
        <identifiers>
          <isin value="DE0007236101"/>
          <ticker value="SIE GR"/>
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        <balance>1119</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>287424.48</valUSD>
        <pctVal>0.2004340363</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Deutsche Bank Aktiengesellschaft</name>
        <lei>7LTWFZYICNSX8D621K86</lei>
        <title>DEUTSCHE BANK AG COMMON STOCK</title>
        <cusip>575035902</cusip>
        <identifiers>
          <isin value="DE0005140008"/>
          <ticker value="DBK GR"/>
        </identifiers>
        <balance>24139</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>715611.03</valUSD>
        <pctVal>0.4990278043</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Bayerische Motoren Werke Aktiengesellschaft</name>
        <lei>YEH5ZCD6E441RHVHD759</lei>
        <title>BAYERISCHE MOTOREN WERKE AG PREFERENCE</title>
        <cusip>575603907</cusip>
        <identifiers>
          <isin value="DE0005190037"/>
          <ticker value="BMW3 GR"/>
        </identifiers>
        <balance>1327</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>110201.85</valUSD>
        <pctVal>0.0768487138</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Matador Resources Company</name>
        <lei>N/A</lei>
        <title>MATADOR RESOURCES CO COMPANY GUAR 144A 04/32 6.5</title>
        <cusip>576485AG1</cusip>
        <identifiers>
          <isin value="US576485AG13"/>
          <ticker value="MTDR"/>
        </identifiers>
        <balance>100000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>100052.08</valUSD>
        <pctVal>0.0697708220</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.500000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mauser Packaging Solutions Holding Company</name>
        <lei>549300DNGHXL0OMHW304</lei>
        <title>MAUSER PACKAGING SOLUTIONS HOL SECURED 144A 04/27 9.25</title>
        <cusip>57763RAC1</cusip>
        <identifiers>
          <isin value="US57763RAC16"/>
          <ticker value="BWY"/>
        </identifiers>
        <balance>25000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>24824.71</valUSD>
        <pctVal>0.0173113885</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.250000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mauser Packaging Solutions Holding Company</name>
        <lei>549300DNGHXL0OMHW304</lei>
        <title>MAUSER PACKAGING SOLUTIONS HOL SR SECURED 144A 04/27 7.875</title>
        <cusip>57763RAD9</cusip>
        <identifiers>
          <isin value="US57763RAD98"/>
          <ticker value="BWY"/>
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        <balance>75000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>76229.4</valUSD>
        <pctVal>0.0531581942</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.875000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>McAfee Corp.</name>
        <lei>N/A</lei>
        <title>MCAFEE CORP SR UNSECURED 144A 02/30 7.375</title>
        <cusip>579063AB4</cusip>
        <identifiers>
          <isin value="US579063AB46"/>
          <ticker value="MCFE"/>
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        <balance>320000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>302202.8</valUSD>
        <pctVal>0.2107396245</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.375000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>McDonald's Corporation</name>
        <lei>UE2136O97NLB5BYP9H04</lei>
        <title>MCDONALD'S CORP COMMON STOCK USD.01</title>
        <cusip>580135101</cusip>
        <identifiers>
          <isin value="US5801351017"/>
          <ticker value="MCD US"/>
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        <balance>1235</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>360829.95</valUSD>
        <pctVal>0.2516229769</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Medtronic Public Limited Company</name>
        <lei>549300GX3ZBSQWUXY261</lei>
        <title>MEDTRONIC PLC COMMON STOCK USD.1</title>
        <cusip>585055106</cusip>
        <identifiers>
          <isin value="IE00BTN1Y115"/>
          <ticker value="MDT US"/>
        </identifiers>
        <balance>1121</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>97717.57</valUSD>
        <pctVal>0.0681428630</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Metlen Energy and Metals SA</name>
        <lei>N/A</lei>
        <title>METLEN ENERGY and METALS SA COMMON STOCK EUR.97</title>
        <cusip>589866904</cusip>
        <identifiers>
          <isin value="GRS393503008"/>
          <ticker value="MYTIL GA"/>
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        <balance>12881</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>698281.71</valUSD>
        <pctVal>0.4869432889</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Meritage Homes Corporation</name>
        <lei>N/A</lei>
        <title>MERITAGE HOMES CORP COMPANY GUAR 05/28 1.75</title>
        <cusip>59001ABF8</cusip>
        <identifiers>
          <isin value="US59001ABF84"/>
          <ticker value="MTH"/>
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        <balance>50000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>48411.25</valUSD>
        <pctVal>0.0337593452</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>Y</isContngtConvrtbl>
          <dbtSecRefInstruments>
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              <name>Meritage Homes Corp.</name>
              <title>Meritage Homes Corp.</title>
              <curCd>USD</curCd>
              <identifiers>
                <isin value="US59001A1025"/>
                <ticker value="MTH"/>
                <other otherDesc="BLOOMBERG" value="EQ0010074500001000"/>
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          <currencyInfos>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Microsoft Corporation</name>
        <lei>INR2EJN1ERAN0W5ZP974</lei>
        <title>MICROSOFT CORP COMMON STOCK USD.00000625</title>
        <cusip>594918104</cusip>
        <identifiers>
          <isin value="US5949181045"/>
          <ticker value="MSFT US"/>
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        <balance>1100</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>547151</valUSD>
        <pctVal>0.3815530374</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Microchip Technology Incorporated</name>
        <lei>5493007PTFULNYZJ1R12</lei>
        <title>MICROCHIP TECHNOLOGY INC COMMON STOCK USD.001</title>
        <cusip>595017104</cusip>
        <identifiers>
          <isin value="US5950171042"/>
          <ticker value="MCHP US"/>
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        <balance>3093</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>217654.41</valUSD>
        <pctVal>0.1517802238</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Koninklijke KPN N.V.</name>
        <lei>549300YO0JZHAL7FVP81</lei>
        <title>KONINKLIJKE KPN NV COMMON STOCK EUR.04</title>
        <cusip>595607904</cusip>
        <identifiers>
          <isin value="NL0000009082"/>
          <ticker value="KPN NA"/>
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        <balance>139100</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>678556.29</valUSD>
        <pctVal>0.4731878650</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Zurich Insurance Group Ltd</name>
        <lei>N/A</lei>
        <title>ZURICH INSURANCE GROUP AG COMMON STOCK CHF.1</title>
        <cusip>598381903</cusip>
        <identifiers>
          <isin value="CH0011075394"/>
          <ticker value="ZURN SW"/>
        </identifiers>
        <balance>613</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.79345"/>
        <valUSD>428930.1</valUSD>
        <pctVal>0.2991122789</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Accton Technology Corporation</name>
        <lei>N/A</lei>
        <title>ACCTON TECHNOLOGY CORP COMMON STOCK TWD10.0</title>
        <cusip>600521900</cusip>
        <identifiers>
          <isin value="TW0002345006"/>
          <ticker value="2345 TT"/>
        </identifiers>
        <balance>3565</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.212"/>
        <valUSD>89102.73</valUSD>
        <pctVal>0.0621353471</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Amano Corporation</name>
        <lei>N/A</lei>
        <title>AMANO CORP COMMON STOCK</title>
        <cusip>602730004</cusip>
        <identifiers>
          <isin value="JP3124400007"/>
          <ticker value="6436 JP"/>
        </identifiers>
        <balance>9477</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="144.005"/>
        <valUSD>294482.16</valUSD>
        <pctVal>0.2053556744</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>athenahealth Group Inc.</name>
        <lei>N/A</lei>
        <title>ATHENAHEALTH GROUP INC SR UNSECURED 144A 02/30 6.5</title>
        <cusip>60337JAA4</cusip>
        <identifiers>
          <isin value="US60337JAA43"/>
          <ticker value="ATHENA"/>
        </identifiers>
        <balance>225000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>221459.74</valUSD>
        <pctVal>0.1544338518</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.500000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ANZ Group Holdings Limited</name>
        <lei>N/A</lei>
        <title>ANZ GROUP HOLDINGS LTD COMMON STOCK</title>
        <cusip>606558005</cusip>
        <identifiers>
          <isin value="AU000000ANZ3"/>
          <ticker value="ANZ AU"/>
        </identifiers>
        <balance>3366</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.51941"/>
        <valUSD>64549.06</valUSD>
        <pctVal>0.0450129670</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Trend Micro Incorporated</name>
        <lei>N/A</lei>
        <title>TREND MICRO INC/JAPAN COMMON STOCK</title>
        <cusip>612528901</cusip>
        <identifiers>
          <isin value="JP3637300009"/>
          <ticker value="4704 JP"/>
        </identifiers>
        <balance>1048</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="144.005"/>
        <valUSD>72485.81</valUSD>
        <pctVal>0.0505476203</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hyundai Motor Company</name>
        <lei>N/A</lei>
        <title>HYUNDAI MOTOR CO PREFERENCE</title>
        <cusip>614827905</cusip>
        <identifiers>
          <isin value="KR7005382007"/>
          <ticker value="005387 KS"/>
        </identifiers>
        <balance>1198</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1349.6"/>
        <valUSD>140685.51</valUSD>
        <pctVal>0.0981063430</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Samsung Fire and Marine Insurance Co. Ltd.</name>
        <lei>N/A</lei>
        <title>SAMSUNG FIRE and MARINE INSURANC PREFERENCE</title>
        <cusip>615526902</cusip>
        <identifiers>
          <isin value="KR7000811000"/>
          <ticker value="000815 KS"/>
        </identifiers>
        <balance>515</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1349.6"/>
        <valUSD>123581.49</valUSD>
        <pctVal>0.0861789394</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Canon Inc.</name>
        <lei>N/A</lei>
        <title>CANON INC COMMON STOCK</title>
        <cusip>617232004</cusip>
        <identifiers>
          <isin value="JP3242800005"/>
          <ticker value="7751 JP"/>
        </identifiers>
        <balance>14120</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="144.005"/>
        <valUSD>409532.47</valUSD>
        <pctVal>0.2855854378</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Infosys Limited</name>
        <lei>N/A</lei>
        <title>INFOSYS LTD COMMON STOCK INR5.0</title>
        <cusip>620512905</cusip>
        <identifiers>
          <isin value="INE009A01021"/>
          <ticker value="INFO IN"/>
        </identifiers>
        <balance>10731</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="85.76"/>
        <valUSD>200684.03</valUSD>
        <pctVal>0.1399460135</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Lenovo Group Limited</name>
        <lei>N/A</lei>
        <title>LENOVO GROUP LTD COMMON STOCK</title>
        <cusip>621808906</cusip>
        <identifiers>
          <isin value="HK0992009065"/>
          <ticker value="992 HK"/>
        </identifiers>
        <balance>56220</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84995"/>
        <valUSD>67924.6</valUSD>
        <pctVal>0.0473668831</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Rio Tinto Limited</name>
        <lei>N/A</lei>
        <title>RIO TINTO LTD COMMON STOCK</title>
        <cusip>622010007</cusip>
        <identifiers>
          <isin value="AU000000RIO1"/>
          <ticker value="RIO AU"/>
        </identifiers>
        <balance>2741</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.51941"/>
        <valUSD>194036.01</valUSD>
        <pctVal>0.1353100497</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Australian Pipeline Limited</name>
        <lei>549300T9RBSX164T8H40</lei>
        <title>APA GROUP STAPLED SECURITY</title>
        <cusip>624730909</cusip>
        <identifiers>
          <isin value="AU000000APA1"/>
          <ticker value="APA AU"/>
        </identifiers>
        <balance>47907</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.51941"/>
        <valUSD>257584.63</valUSD>
        <pctVal>0.1796253648</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Medline Borrower LP</name>
        <lei>N/A</lei>
        <title>MEDLINE BORROWER LP SR SECURED 144A 04/29 3.875</title>
        <cusip>62482BAA0</cusip>
        <identifiers>
          <isin value="US62482BAA08"/>
          <ticker value="MEDIND"/>
        </identifiers>
        <balance>175000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>167867.19</valUSD>
        <pctVal>0.1170613528</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.875000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Delta Electronics Inc.</name>
        <lei>N/A</lei>
        <title>DELTA ELECTRONICS INC COMMON STOCK TWD10.0</title>
        <cusip>626073902</cusip>
        <identifiers>
          <isin value="TW0002308004"/>
          <ticker value="2308 TT"/>
        </identifiers>
        <balance>11558</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.212"/>
        <valUSD>163556.65</valUSD>
        <pctVal>0.1140554191</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Otsuka Corporation</name>
        <lei>N/A</lei>
        <title>OTSUKA CORP COMMON STOCK</title>
        <cusip>626705909</cusip>
        <identifiers>
          <isin value="JP3188200004"/>
          <ticker value="4768 JP"/>
        </identifiers>
        <balance>14763</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="144.005"/>
        <valUSD>300742.74</valUSD>
        <pctVal>0.2097214589</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PT Indofood Sukses Makmur Tbk</name>
        <lei>N/A</lei>
        <title>INDOFOOD SUKSES MAKMUR TBK PT COMMON STOCK IDR100.0</title>
        <cusip>628397903</cusip>
        <identifiers>
          <isin value="ID1000057003"/>
          <ticker value="INDF IJ"/>
        </identifiers>
        <balance>1407248</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="16235"/>
        <valUSD>704650.89</valUSD>
        <pctVal>0.4913848050</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NCL Corporation Ltd.</name>
        <lei>UNZWILHE4KMRP9K2L524</lei>
        <title>NCL CORP LTD COMPANY GUAR 02/27 2.5</title>
        <cusip>62886HBK6</cusip>
        <identifiers>
          <isin value="US62886HBK68"/>
          <ticker value="NCLH"/>
        </identifiers>
        <balance>50000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>49925</valUSD>
        <pctVal>0.0348149513</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.500000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>Y</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>NCL Corp., Ltd.</name>
              <title>NCL Corp., Ltd.</title>
              <curCd>USD</curCd>
              <identifiers>
                <isin value="BMG667211046"/>
                <ticker value="NCLH"/>
                <other otherDesc="BLOOMBERG" value="EQ0096699900001000"/>
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          </dbtSecRefInstruments>
          <currencyInfos>
            <currencyInfo convRatio="28.976500000000" curCd="USD"/>
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          <delta>XXXX</delta>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NCL Corporation Ltd.</name>
        <lei>UNZWILHE4KMRP9K2L524</lei>
        <title>NCL CORP LTD SR UNSECURED 144A 03/30 6.25</title>
        <cusip>62886HBP5</cusip>
        <identifiers>
          <isin value="US62886HBP55"/>
          <ticker value="NCLH"/>
        </identifiers>
        <balance>50000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>50426.72</valUSD>
        <pctVal>0.0351648232</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.250000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Taiwan Mobile Co. Ltd.</name>
        <lei>N/A</lei>
        <title>TAIWAN MOBILE CO LTD COMMON STOCK TWD10.0</title>
        <cusip>629049909</cusip>
        <identifiers>
          <isin value="TW0003045001"/>
          <ticker value="3045 TT"/>
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        <balance>169912</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.212"/>
        <valUSD>668612.79</valUSD>
        <pctVal>0.4662538146</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Elite Material Co. Ltd.</name>
        <lei>N/A</lei>
        <title>ELITE MATERIAL CO LTD COMMON STOCK TWD10.0</title>
        <cusip>631612900</cusip>
        <identifiers>
          <isin value="TW0002383007"/>
          <ticker value="2383 TT"/>
        </identifiers>
        <balance>4512</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.212"/>
        <valUSD>136436.85</valUSD>
        <pctVal>0.0951435610</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Nationstar Mortgage Holdings Inc.</name>
        <lei>N/A</lei>
        <title>NATIONSTAR MORTGAGE HOLDINGS I COMPANY GUAR 144A 08/29 6.5</title>
        <cusip>63861CAG4</cusip>
        <identifiers>
          <isin value="US63861CAG42"/>
          <ticker value="COOP"/>
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        <balance>99000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>101123.95</valUSD>
        <pctVal>0.0705182852</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.500000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>NEUBERGER BERMAN LOAN ADVISERS NEUB 2024 59A E 144A</name>
        <lei>N/A</lei>
        <title>NEUBERGER BERMAN LOAN ADVISERS NEUB 2024 59A E 144A</title>
        <cusip>640973AA1</cusip>
        <identifiers>
          <isin value="US640973AA12"/>
          <ticker value="NEUB"/>
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        <balance>500000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>499212</valUSD>
        <pctVal>0.3481230134</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-01-23</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.096780000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>E. Sun Financial Holding Company Ltd.</name>
        <lei>N/A</lei>
        <title>E.SUN FINANCIAL HOLDING CO LTD COMMON STOCK TWD10.0</title>
        <cusip>643391907</cusip>
        <identifiers>
          <isin value="TW0002884004"/>
          <ticker value="2884 TT"/>
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        <balance>607533</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.212"/>
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        <pctVal>0.4762250746</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Honda Motor Co. Ltd.</name>
        <lei>549300P7ZYCQJ36CCS16</lei>
        <title>HONDA MOTOR CO LTD COMMON STOCK</title>
        <cusip>643514003</cusip>
        <identifiers>
          <isin value="JP3854600008"/>
          <ticker value="7267 JP"/>
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        <balance>29855</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="144.005"/>
        <valUSD>287887.16</valUSD>
        <pctVal>0.2007566839</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Asia Vital Components Co. Ltd.</name>
        <lei>N/A</lei>
        <title>ASIA VITAL COMPONENTS CO LTD COMMON STOCK TWD10.0</title>
        <cusip>654489905</cusip>
        <identifiers>
          <isin value="TW0003017000"/>
          <ticker value="3017 TT"/>
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        <balance>7557</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.212"/>
        <valUSD>193024.25</valUSD>
        <pctVal>0.1346045039</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>NJ 2025-WBRK WBRK 2025 WBRK E 144A</name>
        <lei>N/A</lei>
        <title>NJ 2025-WBRK WBRK 2025 WBRK E 144A</title>
        <cusip>65486BAL5</cusip>
        <identifiers>
          <isin value="US65486BAL53"/>
          <ticker value="WBRK"/>
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        <balance>335000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>307935.95</valUSD>
        <pctVal>0.2147376082</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-03-05</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.277696000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Noble Finance II LLC</name>
        <lei>N/A</lei>
        <title>NOBLE FINANCE II LLC COMPANY GUAR 144A 04/30 8</title>
        <cusip>65505PAA5</cusip>
        <identifiers>
          <isin value="US65505PAA57"/>
          <ticker value="NEFINA"/>
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        <balance>100000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>101822.29</valUSD>
        <pctVal>0.0710052692</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Suncorp Group Limited</name>
        <lei>549300BVOKRTHDIWVT46</lei>
        <title>SUNCORP GROUP LTD COMMON STOCK</title>
        <cusip>658508007</cusip>
        <identifiers>
          <isin value="AU000000SUN6"/>
          <ticker value="SUN AU"/>
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        <balance>6065</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.51941"/>
        <valUSD>86436.2</valUSD>
        <pctVal>0.0602758556</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Mizuho Financial Group Inc.</name>
        <lei>N/A</lei>
        <title>MIZUHO FINANCIAL GROUP INC COMMON STOCK</title>
        <cusip>659101901</cusip>
        <identifiers>
          <isin value="JP3885780001"/>
          <ticker value="8411 JP"/>
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        <balance>7302</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="144.005"/>
        <valUSD>202702.97</valUSD>
        <pctVal>0.1413539113</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FirstRand Limited</name>
        <lei>N/A</lei>
        <title>FIRSTRAND LTD COMMON STOCK ZAR.01</title>
        <cusip>660699901</cusip>
        <identifiers>
          <isin value="ZAE000066304"/>
          <ticker value="FSR SJ"/>
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        <balance>99317</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="17.70375"/>
        <valUSD>424564.24</valUSD>
        <pctVal>0.2960677681</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Murata Manufacturing Co. Ltd.</name>
        <lei>N/A</lei>
        <title>MURATA MANUFACTURING CO LTD COMMON STOCK</title>
        <cusip>661040006</cusip>
        <identifiers>
          <isin value="JP3914400001"/>
          <ticker value="6981 JP"/>
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        <balance>5708</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="144.005"/>
        <valUSD>84368.14</valUSD>
        <pctVal>0.0588337042</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PT Bank Mandiri (Persero) Tbk.</name>
        <lei>549300RSKQN4Z5ZSGH94</lei>
        <title>BANK MANDIRI PERSERO TBK PT COMMON STOCK IDR125.0</title>
        <cusip>665104907</cusip>
        <identifiers>
          <isin value="ID1000095003"/>
          <ticker value="BMRI IJ"/>
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        <balance>207666</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="16235"/>
        <valUSD>62379.62</valUSD>
        <pctVal>0.0435001188</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Gen Digital Inc.</name>
        <lei>YF6ZV0M6AU4FY94MK914</lei>
        <title>GEN DIGITAL INC COMMON STOCK USD.01</title>
        <cusip>668771108</cusip>
        <identifiers>
          <isin value="US6687711084"/>
          <ticker value="GEN US"/>
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        <balance>9551</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>280799.4</valUSD>
        <pctVal>0.1958140696</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Gen Digital Inc.</name>
        <lei>YF6ZV0M6AU4FY94MK914</lei>
        <title>GEN DIGITAL INC COMPANY GUAR 144A 09/27 6.75</title>
        <cusip>668771AK4</cusip>
        <identifiers>
          <isin value="US668771AK49"/>
          <ticker value="GEN"/>
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        <balance>75000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>76328.03</valUSD>
        <pctVal>0.0532269733</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.750000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NOVA Chemicals Corporation</name>
        <lei>N/A</lei>
        <title>NOVA CHEMICALS CORP SR SECURED 144A 11/28 8.5</title>
        <cusip>66977WAT6</cusip>
        <identifiers>
          <isin value="US66977WAT62"/>
          <ticker value="NCX"/>
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        <balance>50000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>52807.25</valUSD>
        <pctVal>0.0368248740</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.500000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Novelis Corporation</name>
        <lei>549300G5F3W3B52WYL23</lei>
        <title>NOVELIS CORP COMPANY GUAR 144A 01/30 4.75</title>
        <cusip>670001AE6</cusip>
        <identifiers>
          <isin value="US670001AE60"/>
          <ticker value="HNDLIN"/>
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        <balance>55000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>52700.27</valUSD>
        <pctVal>0.0367502720</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.750000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NVIDIA Corporation</name>
        <lei>549300S4KLFTLO7GSQ80</lei>
        <title>NVIDIA CORP COMMON STOCK USD.001</title>
        <cusip>67066G104</cusip>
        <identifiers>
          <isin value="US67066G1040"/>
          <ticker value="NVDA US"/>
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        <balance>2333</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>368590.67</valUSD>
        <pctVal>0.2570348765</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NYC COMMERCIAL MORTGAGE TRUST NYC 2025 3BP E 144A</name>
        <lei>N/A</lei>
        <title>NYC COMMERCIAL MORTGAGE TRUST NYC 2025 3BP E 144A</title>
        <cusip>67120UAN7</cusip>
        <identifiers>
          <isin value="US67120UAN72"/>
          <ticker value="NYC"/>
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        <balance>310000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>305778.11</valUSD>
        <pctVal>0.2132328492</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-02-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.851450000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Northern Star Resources Ltd</name>
        <lei>N/A</lei>
        <title>NORTHERN STAR RESOURCES LTD COMMON STOCK</title>
        <cusip>671745909</cusip>
        <identifiers>
          <isin value="AU000000NST8"/>
          <ticker value="NST AU"/>
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        <balance>8338</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.51941"/>
        <valUSD>102992.13</valUSD>
        <pctVal>0.0718210513</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Zijin Mining Group Company Limited</name>
        <lei>N/A</lei>
        <title>ZIJIN MINING GROUP CO LTD COMMON STOCK CNY.1</title>
        <cusip>672529906</cusip>
        <identifiers>
          <isin value="CNE100000502"/>
          <ticker value="2899 HK"/>
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        <balance>60533</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84995"/>
        <valUSD>155679.41</valUSD>
        <pctVal>0.1085622648</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>E Ink Holdings Inc.</name>
        <lei>N/A</lei>
        <title>E INK HOLDINGS INC COMMON STOCK TWD10.0</title>
        <cusip>674428909</cusip>
        <identifiers>
          <isin value="TW0008069006"/>
          <ticker value="8069 TT"/>
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        <balance>13582</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.212"/>
        <valUSD>102799.9</valUSD>
        <pctVal>0.0716870007</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Samsung Electronics Co. Ltd.</name>
        <lei>N/A</lei>
        <title>SAMSUNG ELECTRONICS CO LTD PREFERENCE</title>
        <cusip>677381907</cusip>
        <identifiers>
          <isin value="KR7005931001"/>
          <ticker value="005935 KS"/>
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        <balance>15554</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1349.6"/>
        <valUSD>570597.03</valUSD>
        <pctVal>0.3979030102</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sankyo Co. Ltd.</name>
        <lei>N/A</lei>
        <title>SANKYO CO LTD COMMON STOCK</title>
        <cusip>677543001</cusip>
        <identifiers>
          <isin value="JP3326410002"/>
          <ticker value="6417 JP"/>
        </identifiers>
        <balance>16273</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="144.005"/>
        <valUSD>301193.28</valUSD>
        <pctVal>0.2100356407</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>1011778 B.C. Unlimited Liability Company / New Red Finance Inc.</name>
        <lei>N/A</lei>
        <title>1011778 BC ULC / NEW RED FINAN SECURED 144A 01/28 4.375</title>
        <cusip>68245XAJ8</cusip>
        <identifiers>
          <isin value="US68245XAJ81"/>
          <ticker value="BCULC"/>
        </identifiers>
        <balance>100000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>98065.04</valUSD>
        <pctVal>0.0683851695</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.375000000000</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>ONEOK Inc.</name>
        <lei>2T3D6M0JSY48PSZI1Q41</lei>
        <title>ONEOK INC COMMON STOCK USD.01</title>
        <cusip>682680103</cusip>
        <identifiers>
          <isin value="US6826801036"/>
          <ticker value="OKE US"/>
        </identifiers>
        <balance>7879</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>643162.77</valUSD>
        <pctVal>0.4485063693</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shanghai Baosight Software Co.Ltd.</name>
        <lei>N/A</lei>
        <title>SHANGHAI BAOSIGHT SOFTWARE CO COMMON STOCK CNY1.0</title>
        <cusip>683542906</cusip>
        <identifiers>
          <isin value="CNE000000GG0"/>
          <ticker value="900926 CH"/>
        </identifiers>
        <balance>375841</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>509420.53</valUSD>
        <pctVal>0.3552418812</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Open Text Holdings Inc.</name>
        <lei>N/A</lei>
        <title>OPEN TEXT HOLDINGS INC COMPANY GUAR 144A 02/30 4.125</title>
        <cusip>683720AA4</cusip>
        <identifiers>
          <isin value="US683720AA42"/>
          <ticker value="OTEXCN"/>
        </identifiers>
        <balance>225000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>212650.88</valUSD>
        <pctVal>0.1482910370</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.125000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Stockland</name>
        <lei>N/A</lei>
        <title>STOCKLAND REIT</title>
        <cusip>685085003</cusip>
        <identifiers>
          <isin value="AU000000SGP0"/>
          <ticker value="SGP AU"/>
        </identifiers>
        <balance>285695</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.51941"/>
        <valUSD>1009680.17</valUSD>
        <pctVal>0.7040954612</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SCSK Corporation</name>
        <lei>N/A</lei>
        <title>SCSK CORP COMMON STOCK</title>
        <cusip>685847006</cusip>
        <identifiers>
          <isin value="JP3400400002"/>
          <ticker value="9719 JP"/>
        </identifiers>
        <balance>5287</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="144.005"/>
        <valUSD>159284.97</valUSD>
        <pctVal>0.1110765842</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PACCAR Inc</name>
        <lei>KDTEY8BWE486IKZ3CC07</lei>
        <title>PACCAR INC COMMON STOCK USD1.0</title>
        <cusip>693718108</cusip>
        <identifiers>
          <isin value="US6937181088"/>
          <ticker value="PCAR US"/>
        </identifiers>
        <balance>7558</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>718463.48</valUSD>
        <pctVal>0.5010169461</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Pret 2024-NPL6 LLC</name>
        <lei>N/A</lei>
        <title>PRET 2024-NPL6 LLC PRET 2024 NPL6 A2 144A</title>
        <cusip>69381QAB2</cusip>
        <identifiers>
          <isin value="US69381QAB23"/>
          <ticker value="PRET"/>
        </identifiers>
        <balance>260000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>258088.58</valUSD>
        <pctVal>0.1799767918</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-10-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>8.715600000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PRET 2025-RPL3 TRUST PRET 2025 RPL3 M1 144A</name>
        <lei>N/A</lei>
        <title>PRET 2025-RPL3 TRUST PRET 2025 RPL3 M1 144A</title>
        <cusip>69382RAF0</cusip>
        <identifiers>
          <isin value="US69382RAF01"/>
          <ticker value="PRET"/>
        </identifiers>
        <balance>550000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>487193.08</valUSD>
        <pctVal>0.3397416792</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2065-04-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.150000000000</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>Pret 2025-Npl2 LLC</name>
        <lei>N/A</lei>
        <title>PRET 2025-NPL2 LLC PRET 2025 NPL2 A2 144A</title>
        <cusip>69392JAB5</cusip>
        <identifiers>
          <isin value="US69392JAB52"/>
          <ticker value="PRET"/>
        </identifiers>
        <balance>290000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>287651.12</valUSD>
        <pctVal>0.2005920826</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-03-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>8.232200000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PALMER SQUARE CLO 2021-4 LTD PLMRS 2021 4A ER 144A</name>
        <lei>N/A</lei>
        <title>PALMER SQUARE CLO 2021-4 LTD PLMRS 2021 4A ER 144A</title>
        <cusip>69702GAG5</cusip>
        <identifiers>
          <isin value="US69702GAG55"/>
          <ticker value="PLMRS"/>
        </identifiers>
        <balance>550000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>550000</valUSD>
        <pctVal>0.3835397735</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-07-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.04561</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Paychex Inc.</name>
        <lei>N/A</lei>
        <title>PAYCHEX INC COMMON STOCK USD.01</title>
        <cusip>704326107</cusip>
        <identifiers>
          <isin value="US7043261079"/>
          <ticker value="PAYX US"/>
        </identifiers>
        <balance>2179</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>316957.34</valUSD>
        <pctVal>0.2210286298</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PEBBLEBROOK HOTEL LP / PEB FIN COMPANY GUAR 144A 10/29 6.375</name>
        <lei>N/A</lei>
        <title>PEBBLEBROOK HOTEL LP / PEB FIN COMPANY GUAR 144A 10/29 6.375</title>
        <cusip>70510LAA7</cusip>
        <identifiers>
          <isin value="US70510LAA70"/>
          <ticker value="PEB"/>
        </identifiers>
        <balance>120000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>120644.76</valUSD>
        <pctVal>0.0841310253</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.375000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Petroleos Mexicanos</name>
        <lei>549300CAZKPF4HKMPX17</lei>
        <title>PETROLEOS MEXICANOS COMPANY GUAR 06/35 6.625</title>
        <cusip>706451BG5</cusip>
        <identifiers>
          <isin value="US706451BG56"/>
          <ticker value="PEMEX"/>
        </identifiers>
        <balance>135000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>113775.16</valUSD>
        <pctVal>0.0793405438</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.625000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AXA</name>
        <lei>F5WCUMTUM4RKZ1MAIE39</lei>
        <title>AXA SA COMMON STOCK EUR2.29</title>
        <cusip>708842901</cusip>
        <identifiers>
          <isin value="FR0000120628"/>
          <ticker value="CS FP"/>
        </identifiers>
        <balance>15918</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>781653.91</valUSD>
        <pctVal>0.5450824792</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PennyMac Financial Services Inc.</name>
        <lei>N/A</lei>
        <title>PENNYMAC FINANCIAL SERVICES IN COMPANY GUAR 144A 02/29 4.25</title>
        <cusip>70932MAB3</cusip>
        <identifiers>
          <isin value="US70932MAB37"/>
          <ticker value="PFSI"/>
        </identifiers>
        <balance>75000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>72117.08</valUSD>
        <pctVal>0.0502904882</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.250000000000</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>PennyMac Financial Services Inc.</name>
        <lei>N/A</lei>
        <title>PENNYMAC FINANCIAL SERVICES IN COMPANY GUAR 144A 09/31 5.75</title>
        <cusip>70932MAC1</cusip>
        <identifiers>
          <isin value="US70932MAC10"/>
          <ticker value="PFSI"/>
        </identifiers>
        <balance>70000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>68641.9</valUSD>
        <pctVal>0.0478670887</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.750000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>PennyMac Financial Services Inc.</name>
        <lei>N/A</lei>
        <title>PENNYMAC FINANCIAL SERVICES IN COMPANY GUAR 144A 11/30 7.125</title>
        <cusip>70932MAE7</cusip>
        <identifiers>
          <isin value="US70932MAE75"/>
          <ticker value="PFSI"/>
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        <balance>25000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>25909.63</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.125000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PennyMac Financial Services Inc.</name>
        <lei>N/A</lei>
        <title>PENNYMAC FINANCIAL SERVICES IN COMPANY GUAR 144A 02/33 6.875</title>
        <cusip>70932MAF4</cusip>
        <identifiers>
          <isin value="US70932MAF41"/>
          <ticker value="PFSI"/>
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        <balance>70000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>71750</valUSD>
        <pctVal>0.0500345068</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.875000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PennyMac Financial Services Inc.</name>
        <lei>N/A</lei>
        <title>PENNYMAC FINANCIAL SERVICES IN COMPANY GUAR 144A 05/32 6.875</title>
        <cusip>70932MAG2</cusip>
        <identifiers>
          <isin value="US70932MAG24"/>
          <ticker value="PFSI"/>
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        <balance>10000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10224.7</valUSD>
        <pctVal>0.0071301439</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.875000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>OPAP S.A.</name>
        <lei>N/A</lei>
        <title>OPAP SA COMMON STOCK EUR.3</title>
        <cusip>710725904</cusip>
        <identifiers>
          <isin value="GRS419003009"/>
          <ticker value="OPAP GA"/>
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        <balance>23422</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>531110.98</valUSD>
        <pctVal>0.3703676090</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Permian Resources Operating LLC</name>
        <lei>N/A</lei>
        <title>PERMIAN RESOURCES OPERATING LL COMPANY GUAR 144A 01/32 7</title>
        <cusip>71424VAA8</cusip>
        <identifiers>
          <isin value="US71424VAA89"/>
          <ticker value="PR"/>
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        <balance>75000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>77751.15</valUSD>
        <pctVal>0.0542193790</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Permian Resources Operating LLC</name>
        <lei>N/A</lei>
        <title>PERMIAN RESOURCES OPERATING LL COMPANY GUAR 144A 02/33 6.25</title>
        <cusip>71424VAB6</cusip>
        <identifiers>
          <isin value="US71424VAB62"/>
          <ticker value="PR"/>
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        <balance>25000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>25232</valUSD>
        <pctVal>0.0175954101</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.250000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Eni SpA</name>
        <lei>BUCRF72VH5RBN7X3VL35</lei>
        <title>ENI SPA COMMON STOCK</title>
        <cusip>714505906</cusip>
        <identifiers>
          <isin value="IT0003132476"/>
          <ticker value="ENI IM"/>
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        <balance>10139</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>163786.65</valUSD>
        <pctVal>0.1142158084</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Petroleos Mexicanos</name>
        <lei>549300CAZKPF4HKMPX17</lei>
        <title>PETROLEOS MEXICANOS COMPANY GUAR 06/44 5.5</title>
        <cusip>71654QBE1</cusip>
        <identifiers>
          <isin value="US71654QBE17"/>
          <ticker value="PEMEX"/>
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        <balance>150000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>100952.97</valUSD>
        <pctVal>0.0703990532</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-06-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.500000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Petroleos Mexicanos</name>
        <lei>549300CAZKPF4HKMPX17</lei>
        <title>PETROLEOS MEXICANOS COMPANY GUAR 09/47 6.75</title>
        <cusip>71654QCC4</cusip>
        <identifiers>
          <isin value="US71654QCC42"/>
          <ticker value="PEMEX"/>
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        <balance>125000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>90536.36</valUSD>
        <pctVal>0.0631350818</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-09-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.750000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Petroleos Mexicanos</name>
        <lei>549300CAZKPF4HKMPX17</lei>
        <title>PETROLEOS MEXICANOS COMPANY GUAR 01/30 6.84</title>
        <cusip>71654QDC3</cusip>
        <identifiers>
          <isin value="US71654QDC33"/>
          <ticker value="PEMEX"/>
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        <balance>160000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>154575.12</valUSD>
        <pctVal>0.1077921937</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.840000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Petroleos Mexicanos</name>
        <lei>549300CAZKPF4HKMPX17</lei>
        <title>PETROLEOS MEXICANOS COMPANY GUAR 01/50 7.69</title>
        <cusip>71654QDD1</cusip>
        <identifiers>
          <isin value="US71654QDD16"/>
          <ticker value="PEMEX"/>
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        <balance>50000</balance>
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        <curCd>USD</curCd>
        <valUSD>39329.26</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-01-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.690000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Pfizer Inc.</name>
        <lei>765LHXWGK1KXCLTFYQ30</lei>
        <title>PFIZER INC COMMON STOCK USD.05</title>
        <cusip>717081103</cusip>
        <identifiers>
          <isin value="US7170811035"/>
          <ticker value="PFE US"/>
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        <balance>36625</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>887790</valUSD>
        <pctVal>0.6190959554</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Philip Morris International Inc.</name>
        <lei>HL3H1H2BGXWVG3BSWR90</lei>
        <title>PHILIP MORRIS INTERNATIONAL IN COMMON STOCK</title>
        <cusip>718172109</cusip>
        <identifiers>
          <isin value="US7181721090"/>
          <ticker value="PM US"/>
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        <balance>6435</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1172006.55</valUSD>
        <pctVal>0.8172929576</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Public Power Corporation S.A.</name>
        <lei>N/A</lei>
        <title>PUBLIC POWER CORP SA COMMON STOCK EUR2.48</title>
        <cusip>726829906</cusip>
        <identifiers>
          <isin value="GRS434003000"/>
          <ticker value="PPC GA"/>
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        <balance>41351</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
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        <pctVal>0.4712516795</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Planet Financial Group LLC</name>
        <lei>N/A</lei>
        <title>PLANET FINANCIAL GROUP LLC COMPANY GUAR 144A 12/29 10.5</title>
        <cusip>72702AAB3</cusip>
        <identifiers>
          <isin value="US72702AAB35"/>
          <ticker value="PLNFIN"/>
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        <balance>30000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>30000</valUSD>
        <pctVal>0.0209203513</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>10.500000000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PRET 2025-NPL6 LLC PRET 2025 NPL6 A2 144A</name>
        <lei>N/A</lei>
        <title>PRET 2025-NPL6 LLC PRET 2025 NPL6 A2 144A</title>
        <cusip>740936AB5</cusip>
        <identifiers>
          <isin value="US740936AB56"/>
          <ticker value="PRET"/>
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        <balance>105000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>105010.27</valUSD>
        <pctVal>0.0732283912</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-06-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>8.715000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>T. Rowe Price Group Inc.</name>
        <lei>N/A</lei>
        <title>T ROWE PRICE GROUP INC COMMON STOCK USD.2</title>
        <cusip>74144T108</cusip>
        <identifiers>
          <isin value="US74144T1088"/>
          <ticker value="TROW US"/>
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        <balance>7111</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>686211.5</valUSD>
        <pctVal>0.4785261878</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>The Procter and Gamble Company</name>
        <lei>2572IBTT8CCZW6AU4141</lei>
        <title>PROCTER and GAMBLE CO/THE COMMON STOCK</title>
        <cusip>742718109</cusip>
        <identifiers>
          <isin value="US7427181091"/>
          <ticker value="PG US"/>
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        <balance>3124</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>497715.68</valUSD>
        <pctVal>0.3470795621</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Swiss Life Holding Ltd</name>
        <lei>5493000KUC3Z24U77V93</lei>
        <title>SWISS LIFE HOLDING AG COMMON STOCK CHF.1</title>
        <cusip>743780900</cusip>
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        <name>Prudential Financial Inc.</name>
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      <invstOrSec>
        <name>PRPM 2024-7 LLC PRPM 2024 7 A2 144A</name>
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        <name>QUALCOMM Incorporated</name>
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        <name>ROCK TRUST 2024-CNTR ROCC 2024 CNTR E 144A</name>
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          <isin value="US74970WAJ99"/>
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        <curCd>USD</curCd>
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        <name>RFR TRUST 2025-SGRM RFR 2025 SGRM E 144A</name>
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        <curCd>USD</curCd>
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        <name>RCO IX MORTGAGE LLC 2025-2 RCO 2025 2 A2 144A</name>
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          <ticker value="RCO"/>
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        <name>Regions Financial Corporation</name>
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        <name>Rexford Industrial Realty L.P.</name>
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      <invstOrSec>
        <name>Rocket Software Inc.</name>
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        <name>Rockies Express Pipeline LLC</name>
        <lei>W2ZGZGZKY5GGNY6F3V51</lei>
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      <invstOrSec>
        <name>Scripps Escrow Inc.</name>
        <lei>N/A</lei>
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          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Scripps Escrow II Inc.</name>
        <lei>N/A</lei>
        <title>SCRIPPS ESCROW II INC SR SECURED 144A 01/29 3.875</title>
        <cusip>81105DAA3</cusip>
        <identifiers>
          <isin value="US81105DAA37"/>
          <ticker value="SSP"/>
        </identifiers>
        <balance>65000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>56584.45</valUSD>
        <pctVal>0.0394588857</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.875000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Service Corporation International</name>
        <lei>549300RKVM2ME20JHZ15</lei>
        <title>SERVICE CORP INTERNATIONAL/US SR UNSECURED 08/30 3.375</title>
        <cusip>817565CF9</cusip>
        <identifiers>
          <isin value="US817565CF96"/>
          <ticker value="SCI"/>
        </identifiers>
        <balance>200000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>183825.26</valUSD>
        <pctVal>0.1281896338</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.375000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Simon Property Group Inc.</name>
        <lei>N/A</lei>
        <title>SIMON PROPERTY GROUP INC REIT USD.0001</title>
        <cusip>828806109</cusip>
        <identifiers>
          <isin value="US8288061091"/>
          <ticker value="SPG US"/>
        </identifiers>
        <balance>1490</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>239532.4</valUSD>
        <pctVal>0.1670367317</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>The J. M. Smucker Company</name>
        <lei>5493000WDH6A0LHDJD55</lei>
        <title>J M SMUCKER CO/THE COMMON STOCK</title>
        <cusip>832696405</cusip>
        <identifiers>
          <isin value="US8326964058"/>
          <ticker value="SJM US"/>
        </identifiers>
        <balance>574</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>56366.8</valUSD>
        <pctVal>0.0393071086</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>South Africa Government International Bond</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF SOUTH AFRICA GOVER SR UNSECURED 04/32 5.875</title>
        <cusip>836205BC7</cusip>
        <identifiers>
          <isin value="US836205BC70"/>
          <ticker value="SOAF"/>
        </identifiers>
        <balance>200000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>195641.13</valUSD>
        <pctVal>0.1364293721</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-04-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.875000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Specialty Building Products Holdings LLC</name>
        <lei>N/A</lei>
        <title>SPECIALTY BLDG PRODUCTS HLDGSO 2021 TERM LOAN B</title>
        <cusip>84748EAF7</cusip>
        <identifiers>
          <isin value="US84748EAF79"/>
          <ticker value="SBPLLC"/>
        </identifiers>
        <balance>99742.93</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>95036.06</valUSD>
        <pctVal>0.0662729253</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.177</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>SPECIALTY BUILDING PRODUCTS HO SR SECURED 144A 10/29 7.75</name>
        <lei>N/A</lei>
        <title>SPECIALTY BUILDING PRODUCTS HO SR SECURED 144A 10/29 7.75</title>
        <cusip>84749AAC1</cusip>
        <identifiers>
          <isin value="US84749AAC18"/>
          <ticker value="SBPLLC"/>
        </identifiers>
        <balance>75000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>73706.37</valUSD>
        <pctVal>0.0513987717</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.750000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>OneMain Finance Corporation</name>
        <lei>5493008I795YYBFWFU90</lei>
        <title>ONEMAIN FINANCE CORP COMPANY GUAR 11/29 5.375</title>
        <cusip>85172FAR0</cusip>
        <identifiers>
          <isin value="US85172FAR01"/>
          <ticker value="OMF"/>
        </identifiers>
        <balance>75000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>73773.42</valUSD>
        <pctVal>0.0514455287</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.375000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Spirit AeroSystems Inc.</name>
        <lei>N/A</lei>
        <title>SPIRIT AEROSYSTEMS INC SR SECURED 144A 11/29 9.375</title>
        <cusip>85205TAN0</cusip>
        <identifiers>
          <isin value="US85205TAN00"/>
          <ticker value="SPR"/>
        </identifiers>
        <balance>50000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>53050.55</valUSD>
        <pctVal>0.0369945381</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.375000000000</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>Stanley Black and Decker Inc.</name>
        <lei>549300DJ09SMTO561131</lei>
        <title>STANLEY BLACK and DECKER INC COMMON STOCK USD2.5</title>
        <cusip>854502101</cusip>
        <identifiers>
          <isin value="US8545021011"/>
          <ticker value="SWK US"/>
        </identifiers>
        <balance>2149</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>145594.75</valUSD>
        <pctVal>0.1015297772</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Star Parent Inc.</name>
        <lei>N/A</lei>
        <title>STAR PARENT INC SR SECURED 144A 10/30 9</title>
        <cusip>855170AA4</cusip>
        <identifiers>
          <isin value="US855170AA41"/>
          <ticker value="SYNH"/>
        </identifiers>
        <balance>150000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>157772.82</valUSD>
        <pctVal>0.1100220939</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sunnova Helios IV Issuer LLC</name>
        <lei>N/A</lei>
        <title>SUNNOVA HELIOS IV ISSUER LLC SNVA 2020 AA A 144A</title>
        <cusip>86746CAA9</cusip>
        <identifiers>
          <isin value="US86746CAA99"/>
          <ticker value="SNVA"/>
        </identifiers>
        <balance>223583.08</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>194266.71</valUSD>
        <pctVal>0.1354709272</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-06-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.980000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sunoco LP</name>
        <lei>N/A</lei>
        <title>SUNOCO LP COMPANY GUAR 144A 07/33 6.25</title>
        <cusip>86765KAD1</cusip>
        <identifiers>
          <isin value="US86765KAD19"/>
          <ticker value="SUN"/>
        </identifiers>
        <balance>75000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>76252.41</valUSD>
        <pctVal>0.0531742401</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.250000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sunoco LP and Sunoco Finance Corp.</name>
        <lei>N/A</lei>
        <title>SUNOCO LP / SUNOCO FINANCE COR COMPANY GUAR 04/30 4.5</title>
        <cusip>86765LAZ0</cusip>
        <identifiers>
          <isin value="US86765LAZ04"/>
          <ticker value="SUN"/>
        </identifiers>
        <balance>50000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>48075.07</valUSD>
        <pctVal>0.0335249117</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.500000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Talos Production Inc.</name>
        <lei>N/A</lei>
        <title>TALOS PRODUCTION INC SECURED 144A 02/29 9</title>
        <cusip>87485LAD6</cusip>
        <identifiers>
          <isin value="US87485LAD64"/>
          <ticker value="TALO"/>
        </identifiers>
        <balance>25000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>25596.6</valUSD>
        <pctVal>0.0178496621</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.000000000000</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>Talos Production Inc.</name>
        <lei>N/A</lei>
        <title>TALOS PRODUCTION INC SECURED 144A 02/31 9.375</title>
        <cusip>87485LAE4</cusip>
        <identifiers>
          <isin value="US87485LAE48"/>
          <ticker value="TALO"/>
        </identifiers>
        <balance>100000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>102095.97</valUSD>
        <pctVal>0.0711961186</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.375000000000</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>Taylor Morrison Communities Inc.</name>
        <lei>N/A</lei>
        <title>TAYLOR MORRISON COMMUNITIES IN COMPANY GUAR 144A 01/28 5.75</title>
        <cusip>87724RAB8</cusip>
        <identifiers>
          <isin value="US87724RAB87"/>
          <ticker value="TMHC"/>
        </identifiers>
        <balance>50000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>50750.2</valUSD>
        <pctVal>0.0353904004</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.750000000000</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>Telecom Italia Capital S.A.</name>
        <lei>549300777DJZOR5C4L39</lei>
        <title>TELECOM ITALIA CAPITAL SA COMPANY GUAR 07/36 7.2</title>
        <cusip>87927VAR9</cusip>
        <identifiers>
          <isin value="US87927VAR96"/>
          <ticker value="TITIM"/>
        </identifiers>
        <balance>60000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>63866.46</valUSD>
        <pctVal>0.0445369593</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-07-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.200000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>The Toronto-Dominion Bank</name>
        <lei>PT3QB789TSUIDF371261</lei>
        <title>TORONTO-DOMINION BANK/THE COMMON STOCK</title>
        <cusip>891160509</cusip>
        <identifiers>
          <isin value="CA8911605092"/>
          <ticker value="TD CN"/>
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        <balance>9085</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.36175"/>
        <valUSD>668223.68</valUSD>
        <pctVal>0.4659824706</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TransDigm Inc.</name>
        <lei>88Q84GB3X55CF5OC7582</lei>
        <title>TRANSDIGM INC COMPANY GUAR 05/29 4.875</title>
        <cusip>893647BQ9</cusip>
        <identifiers>
          <isin value="US893647BQ97"/>
          <ticker value="TDG"/>
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        <balance>85000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>83519.39</valUSD>
        <pctVal>0.0582418326</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.875000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TransDigm Inc.</name>
        <lei>88Q84GB3X55CF5OC7582</lei>
        <title>TRANSDIGM INC SR SECURED 144A 12/31 7.125</title>
        <cusip>893647BT3</cusip>
        <identifiers>
          <isin value="US893647BT37"/>
          <ticker value="TDG"/>
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        <balance>50000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>52385.9</valUSD>
        <pctVal>0.0365310477</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.125000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Transocean Inc.</name>
        <lei>DOL4HJ22ADYSIWES4H94</lei>
        <title>TRANSOCEAN INC SR SECURED 144A 02/30 8.75</title>
        <cusip>893830BX6</cusip>
        <identifiers>
          <isin value="US893830BX61"/>
          <ticker value="RIG"/>
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        <balance>240000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>246802.56</valUSD>
        <pctVal>0.1721065417</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.750000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TRICON RESIDENTIAL 2025-SFR1 T TCN 2025 SFR1 E 144A</name>
        <lei>N/A</lei>
        <title>TRICON RESIDENTIAL 2025-SFR1 T TCN 2025 SFR1 E 144A</title>
        <cusip>895974AE3</cusip>
        <identifiers>
          <isin value="US895974AE33"/>
          <ticker value="TCN"/>
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        <balance>140000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>139425.64</valUSD>
        <pctVal>0.0972277789</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-03-17</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.811760000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Truist Financial Corporation</name>
        <lei>549300DRQQI75D2JP341</lei>
        <title>TRUIST FINANCIAL CORP COMMON STOCK USD5.0</title>
        <cusip>89832Q109</cusip>
        <identifiers>
          <isin value="US89832Q1094"/>
          <ticker value="TFC US"/>
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        <balance>15543</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>668193.57</valUSD>
        <pctVal>0.4659614736</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>UKG Inc.</name>
        <lei>N/A</lei>
        <title>UKG INC SR SECURED 144A 02/31 6.875</title>
        <cusip>90279XAA0</cusip>
        <identifiers>
          <isin value="US90279XAA00"/>
          <ticker value="ULTI"/>
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        <balance>125000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>129696.88</valUSD>
        <pctVal>0.0904434763</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.875000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>U.S. Bancorp</name>
        <lei>N1GZ7BBF3NP8GI976H15</lei>
        <title>US BANCORP COMMON STOCK USD.01</title>
        <cusip>902973304</cusip>
        <identifiers>
          <isin value="US9029733048"/>
          <ticker value="USB US"/>
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        <balance>14365</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>650016.25</valUSD>
        <pctVal>0.4532856096</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sunrise FinCo I B.V.</name>
        <lei>N/A</lei>
        <title>SUNRISE FINCO I BV SR SECURED 144A 07/31 4.875</title>
        <cusip>90320BAA7</cusip>
        <identifiers>
          <isin value="US90320BAA70"/>
          <ticker value="SUNN"/>
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        <balance>200000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>189150</valUSD>
        <pctVal>0.1319028148</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.875000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>United Parcel Service Inc.</name>
        <lei>D01LMJZU09ULLNCY6Z23</lei>
        <title>UNITED PARCEL SERVICE INC COMMON STOCK USD.01</title>
        <cusip>911312106</cusip>
        <identifiers>
          <isin value="US9113121068"/>
          <ticker value="UPS US"/>
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        <balance>3210</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>324017.4</valUSD>
        <pctVal>0.2259519276</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>United Rentals (North America) Inc.</name>
        <lei>NGIZXNT70J2LYT3FBI09</lei>
        <title>UNITED RENTALS NORTH AMERICA I COMPANY GUAR 01/30 5.25</title>
        <cusip>911365BL7</cusip>
        <identifiers>
          <isin value="US911365BL76"/>
          <ticker value="URI"/>
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        <balance>75000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>75198.98</valUSD>
        <pctVal>0.0524396359</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.250000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>United Rentals (North America) Inc.</name>
        <lei>NGIZXNT70J2LYT3FBI09</lei>
        <title>UNITED RENTALS NORTH AMERICA I COMPANY GUAR 144A 03/34 6.125</title>
        <cusip>911365BR4</cusip>
        <identifiers>
          <isin value="US911365BR47"/>
          <ticker value="URI"/>
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        <balance>50000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>51501.15</valUSD>
        <pctVal>0.0359140716</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.125000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>United States Treasury Note/Bond</name>
        <lei>N/A</lei>
        <title>UNITED STATES TREASURY NOTE/BO 07/27 2.75</title>
        <cusip>91282CFB2</cusip>
        <identifiers>
          <isin value="US91282CFB28"/>
          <ticker value="T"/>
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        <balance>325000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>318665.04</valUSD>
        <pctVal>0.2222194859</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.750000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>United Wholesale Mortgage LLC</name>
        <lei>N/A</lei>
        <title>UNITED WHOLESALE MORTGAGE LLC SR UNSECURED 144A 04/29 5.5</title>
        <cusip>913229AA8</cusip>
        <identifiers>
          <isin value="US913229AA80"/>
          <ticker value="UWMLLC"/>
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        <balance>140000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>135891.71</valUSD>
        <pctVal>0.0947634103</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.500000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Univision Communications Inc.</name>
        <lei>549300YQDE2JSGTL8V47</lei>
        <title>UNIVISION COMMUNICATIONS INC SR SECURED 144A 07/31 8.5</title>
        <cusip>914906AZ5</cusip>
        <identifiers>
          <isin value="US914906AZ55"/>
          <ticker value="UVN"/>
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        <balance>100000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>100110.77</valUSD>
        <pctVal>0.0698117492</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.500000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>VOLT CV LLC VOLT 2021 CF2 A2 144A</name>
        <lei>N/A</lei>
        <title>VOLT CV LLC VOLT 2021 CF2 A2 144A</title>
        <cusip>91835GAB0</cusip>
        <identifiers>
          <isin value="US91835GAB05"/>
          <ticker value="VOLT"/>
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        <balance>517997.2</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>510109.04</valUSD>
        <pctVal>0.3557220103</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-11-27</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.316000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Velocity Vehicle Group LLC</name>
        <lei>N/A</lei>
        <title>VELOCITY VEHICLE GROUP LLC SR UNSECURED 144A 06/29 8</title>
        <cusip>92262TAA4</cusip>
        <identifiers>
          <isin value="US92262TAA43"/>
          <ticker value="VLCYVG"/>
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        <balance>60000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>59951.54</valUSD>
        <pctVal>0.0418069092</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Verizon Communications Inc.</name>
        <lei>2S72QS2UO2OESLG6Y829</lei>
        <title>VERIZON COMMUNICATIONS INC COMMON STOCK USD.1</title>
        <cusip>92343V104</cusip>
        <identifiers>
          <isin value="US92343V1044"/>
          <ticker value="VZ US"/>
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        <balance>21069</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>911655.63</valUSD>
        <pctVal>0.6357385342</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Paramount Global</name>
        <lei>5KYC8KF17ROCY24M3H09</lei>
        <title>PARAMOUNT GLOBAL SR UNSECURED 04/36 6.875</title>
        <cusip>925524AX8</cusip>
        <identifiers>
          <isin value="US925524AX89"/>
          <ticker value="PARA"/>
        </identifiers>
        <balance>100000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>102406.23</valUSD>
        <pctVal>0.0714124768</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-04-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.875000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Viking Cruises Ltd</name>
        <lei>N/A</lei>
        <title>VIKING CRUISES LTD COMPANY GUAR 144A 07/31 9.125</title>
        <cusip>92676XAG2</cusip>
        <identifiers>
          <isin value="US92676XAG25"/>
          <ticker value="VIKCRU"/>
        </identifiers>
        <balance>75000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>80775.08</valUSD>
        <pctVal>0.0563281016</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.125000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VOLT CVI LLC VOLT 2021 NP12 A2 144A</name>
        <lei>N/A</lei>
        <title>VOLT CVI LLC VOLT 2021 NP12 A2 144A</title>
        <cusip>92873KAB2</cusip>
        <identifiers>
          <isin value="US92873KAB26"/>
          <ticker value="VOLT"/>
        </identifiers>
        <balance>516078.4</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>508971.59</valUSD>
        <pctVal>0.3549288151</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-12-26</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.438100000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VOYA CLO 2018-3 LTD VOYA 2018 3A D 144A</name>
        <lei>N/A</lei>
        <title>VOYA CLO 2018-3 LTD VOYA 2018 3A D 144A</title>
        <cusip>92917KAE4</cusip>
        <identifiers>
          <isin value="US92917KAE47"/>
          <ticker value="VOYA"/>
        </identifiers>
        <balance>250000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>250375</valUSD>
        <pctVal>0.1745977651</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-10-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.517710000000</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>W.P. Carey Inc.</name>
        <lei>54930042CRNE713E3Q67</lei>
        <title>WP CAREY INC REIT USD.001</title>
        <cusip>92936U109</cusip>
        <identifiers>
          <isin value="US92936U1097"/>
          <ticker value="WPC US"/>
        </identifiers>
        <balance>4099</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>255695.62</valUSD>
        <pctVal>0.1783080730</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wells Fargo and Company</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
        <title>WELLS FARGO and CO COMMON STOCK USD1.666</title>
        <cusip>949746101</cusip>
        <identifiers>
          <isin value="US9497461015"/>
          <ticker value="WFC US"/>
        </identifiers>
        <balance>893</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>71547.16</valUSD>
        <pctVal>0.0498930573</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BASF SE</name>
        <lei>N/A</lei>
        <title>BASF SE COMMON STOCK</title>
        <cusip>ACI0054Q2</cusip>
        <identifiers>
          <isin value="DE000BASF111"/>
          <ticker value="BAS GR"/>
        </identifiers>
        <balance>1766</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>87345.49</valUSD>
        <pctVal>0.0609099445</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Coal India Limited</name>
        <lei>N/A</lei>
        <title>COAL INDIA LTD COMMON STOCK INR10.0</title>
        <cusip>ACI00AD24</cusip>
        <identifiers>
          <isin value="INE522F01014"/>
          <ticker value="COAL IN"/>
        </identifiers>
        <balance>54227</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="85.76"/>
        <valUSD>247939.75</valUSD>
        <pctVal>0.1728995555</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Swiss Re AG</name>
        <lei>N/A</lei>
        <title>SWISS RE AG COMMON STOCK CHF.1</title>
        <cusip>ACI00MQT5</cusip>
        <identifiers>
          <isin value="CH0126881561"/>
          <ticker value="SREN SW"/>
        </identifiers>
        <balance>1255</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.79345"/>
        <valUSD>217098.73</valUSD>
        <pctVal>0.1513927231</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SandP500 EMINI FUT 0925</name>
        <lei>N/A</lei>
        <title>SandP500 EMINI FUT 0925</title>
        <cusip>ADI2QYC37</cusip>
        <identifiers>
          <isin value="BBG01GZSXGL8"/>
          <ticker value="ESU5"/>
        </identifiers>
        <balance>17</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>187961.74</valUSD>
        <pctVal>0.1310741876</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>CHICAGO MERCANTILE EXCHANGE</counterpartyName>
              <counterpartyLei>SNZ2OJLFK8MNNCLQOF39</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>S and P 500 Index</indexName>
                <indexIdentifier>SPX</indexIdentifier>
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            <expDate>2025-09-19</expDate>
            <notionalAmt>5127725.760000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>187961.740000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SandP MID 400 EMINI 0925</name>
        <lei>N/A</lei>
        <title>SandP MID 400 EMINI 0925</title>
        <cusip>ADI2S5WJ1</cusip>
        <identifiers>
          <isin value="BBG01NC8QNB6"/>
          <ticker value="FAU5"/>
        </identifiers>
        <balance>7</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>66098.55</valUSD>
        <pctVal>0.0460934962</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>CHICAGO MERCANTILE EXCHANGE</counterpartyName>
              <counterpartyLei>SNZ2OJLFK8MNNCLQOF39</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>S and P Midcap 400 Index</indexName>
                <indexIdentifier>MID</indexIdentifier>
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            </descRefInstrmnt>
            <expDate>2025-09-19</expDate>
            <notionalAmt>2121751.450000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>66098.550000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EURO-BOBL FUTURE 0925</name>
        <lei>N/A</lei>
        <title>EURO-BOBL FUTURE 0925</title>
        <cusip>ADI2TGYP0</cusip>
        <identifiers>
          <isin value="DE000F1NGF61"/>
          <ticker value="OEU5"/>
        </identifiers>
        <balance>5</balance>
        <units>NC</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>2268.32066643736</valUSD>
        <pctVal>0.0015818022</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>EUREX ZURICH</counterpartyName>
              <counterpartyLei>529900LN3S50JPU47S06</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Euro-bobl 5yr 6%</issuerName>
                <issueTitle>Euro-bobl 5yr 6%</issueTitle>
                <identifiers>
                  <other otherDesc="NOTIONAL BOND" value="Euro-bobl 5yr 6%"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-09-08</expDate>
            <notionalAmt>-590425.650000000000</notionalAmt>
            <curCd>EUR</curCd>
            <unrealizedAppr>2268.320666437360</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EURO-SCHATZ FUT 0925</name>
        <lei>N/A</lei>
        <title>EURO-SCHATZ FUT 0925</title>
        <cusip>ADI2VGT08</cusip>
        <identifiers>
          <isin value="DE000F1NGF79"/>
          <ticker value="DUU5"/>
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        <balance>7</balance>
        <units>NC</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>1230.38123194791</valUSD>
        <pctVal>0.0008580003</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>EUREX ZURICH</counterpartyName>
              <counterpartyLei>529900LN3S50JPU47S06</counterpartyLei>
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            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Euro-Schatz 2yr 6%</issuerName>
                <issueTitle>Euro-Schatz 2yr 6%</issueTitle>
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                  <other otherDesc="NOTIONAL BOND" value="Euro-Schatz 2yr 6%"/>
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            <expDate>2025-09-08</expDate>
            <notionalAmt>-751759.510000000000</notionalAmt>
            <curCd>EUR</curCd>
            <unrealizedAppr>1230.381231947910</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>US LONG BONDCBT 0925</name>
        <lei>N/A</lei>
        <title>US LONG BONDCBT 0925</title>
        <cusip>ADI2VWY64</cusip>
        <identifiers>
          <isin value="US912810TW80"/>
          <ticker value="USU5"/>
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        <balance>1</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>3826.63</valUSD>
        <pctVal>0.0026684815</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>CHICAGO BOARD OF TRADE</counterpartyName>
              <counterpartyLei>549300EX04Q2QBFQTQ27</counterpartyLei>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>US 20yr 6%</issuerName>
                <issueTitle>US 20yr 6%</issueTitle>
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                  <other otherDesc="NOTIONAL BOND" value="US 20yr 6%"/>
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            <expDate>2025-09-19</expDate>
            <notionalAmt>111454.620000000000</notionalAmt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>US 10YR ULTRA FUT 0925</name>
        <lei>N/A</lei>
        <title>US 10YR ULTRA FUT 0925</title>
        <cusip>ADI2VX3V1</cusip>
        <identifiers>
          <isin value="US91282CMM00"/>
          <ticker value="UXYU5"/>
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        <balance>2</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-3909.09</valUSD>
        <pctVal>-0.0027259845</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>CHICAGO BOARD OF TRADE</counterpartyName>
              <counterpartyLei>549300EX04Q2QBFQTQ27</counterpartyLei>
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            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>US 10yr 6%</issuerName>
                <issueTitle>US 10yr 6%</issueTitle>
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                  <other otherDesc="NOTIONAL BOND" value="US 10yr 6%"/>
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            <expDate>2025-09-19</expDate>
            <notionalAmt>-224434.660000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-3909.090000000000</unrealizedAppr>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LONG GILT FUTURE 0925</name>
        <lei>N/A</lei>
        <title>LONG GILT FUTURE 0925</title>
        <cusip>ADI2W1VB3</cusip>
        <identifiers>
          <isin value="GB00MP6FM953"/>
          <ticker value="G U5"/>
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        <balance>3</balance>
        <units>NC</units>
        <currencyConditional curCd="GBP" exchangeRt="0.728518"/>
        <valUSD>-5329.16139340414</valUSD>
        <pctVal>-0.0037162643</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>ICE FUTURES EUROPE - FINANCIAL PRODUCTS DIVISION</counterpartyName>
              <counterpartyLei>549300UF4R84F48NCH34</counterpartyLei>
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            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>UK 10yr 4.0%</issuerName>
                <issueTitle>UK 10yr 4.0%</issueTitle>
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                  <other otherDesc="NOTIONAL BOND" value="UK 10yr 4.0%"/>
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            </descRefInstrmnt>
            <expDate>2025-09-26</expDate>
            <notionalAmt>-275417.610000000000</notionalAmt>
            <curCd>GBP</curCd>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>US 2YR NOTE CBT 0925</name>
        <lei>N/A</lei>
        <title>US 2YR NOTE CBT 0925</title>
        <cusip>ADI2W3V11</cusip>
        <identifiers>
          <isin value="US91282CKV27"/>
          <ticker value="TUU5"/>
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        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>16108.67</valUSD>
        <pctVal>0.0112333012</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
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              <counterpartyName>CHICAGO BOARD OF TRADE</counterpartyName>
              <counterpartyLei>549300EX04Q2QBFQTQ27</counterpartyLei>
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            <payOffProf>Long</payOffProf>
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                <issuerName>US 2yr 6%</issuerName>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>Heathrow Finance PLC</name>
        <lei>N/A</lei>
        <title>HEATHROW FINANCE PLC SR SECURED REGS 03/27 VAR</title>
        <cusip>AN7380107</cusip>
        <identifiers>
          <isin value="XS1622694617"/>
          <ticker value="HTHROW"/>
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        <currencyConditional curCd="GBP" exchangeRt="0.728518"/>
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        <pctVal>0.0928720013</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-03-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.875000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Banca Monte dei Paschi di Siena S.p.A.</name>
        <lei>J4CP7MHCXR8DAQMKIL78</lei>
        <title>BANCA MONTE DEI PASCHI DI SIEN SUBORDINATED REGS 01/28 VAR</title>
        <cusip>AQ6127833</cusip>
        <identifiers>
          <isin value="XS1752894292"/>
          <ticker value="MONTE"/>
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        <balance>100000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>128860.44</valUSD>
        <pctVal>0.0898601890</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-18</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>7.708000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GOLD TRIPARTY MORTGAGE REPO - 01Jul25</name>
        <lei>N/A</lei>
        <title>GOLD TRIPARTY MORTGAGE REPO - 01Jul25</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Custodian Identifier" value="ARP19BBK2"/>
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        <balance>8300000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>8300000</valUSD>
        <pctVal>5.7879638542</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>RA</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <repurchaseAgrmt>
          <transCat>Repurchase</transCat>
          <notClearedCentCparty isCleared="N">
            <counterpartyInfos>
              <counterpartyInfo lei="N/A" name="GOLDMAN SACHS + CO LLC"/>
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          </notClearedCentCparty>
          <isTriParty>Y</isTriParty>
          <repurchaseRt>4.400000000000000</repurchaseRt>
          <maturityDt>2025-07-01</maturityDt>
          <repurchaseCollaterals>
            <repurchaseCollateral>
              <principalAmt>241149.54293733</principalAmt>
              <principalCd>USD</principalCd>
              <collateralVal>221878.59</collateralVal>
              <collateralCd>USD</collateralCd>
              <invstCat>AMBS</invstCat>
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            <repurchaseCollateral>
              <principalAmt>8195933.17686272</principalAmt>
              <principalCd>USD</principalCd>
              <collateralVal>8244121.62</collateralVal>
              <collateralCd>USD</collateralCd>
              <invstCat>AMBS</invstCat>
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          </repurchaseCollaterals>
        </repurchaseAgrmt>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Petroleos Mexicanos</name>
        <lei>549300CAZKPF4HKMPX17</lei>
        <title>PETROLEOS MEXICANOS COMPANY GUAR REGS 02/29 4.75</title>
        <cusip>AS6869968</cusip>
        <identifiers>
          <isin value="XS1824424706"/>
          <ticker value="PEMEX"/>
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        <balance>100000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>112482.07</valUSD>
        <pctVal>0.0784388139</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.750000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ARDAGH PACKAGING FINANCE PLC / SR SECURED REGS 08/26 2.125</name>
        <lei>N/A</lei>
        <title>ARDAGH PACKAGING FINANCE PLC / SR SECURED REGS 08/26 2.125</title>
        <cusip>AZ8578629</cusip>
        <identifiers>
          <isin value="XS2036387525"/>
          <ticker value="ARGID"/>
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        <balance>100000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>112322.48</valUSD>
        <pctVal>0.0783275246</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.125000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Terna S.p.A.</name>
        <lei>N/A</lei>
        <title>TERNA - RETE ELETTRICA NAZIONA COMMON STOCK EUR.22</title>
        <cusip>B01BN5908</cusip>
        <identifiers>
          <isin value="IT0003242622"/>
          <ticker value="TRN IM"/>
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        <balance>107176</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>1101872.81</valUSD>
        <pctVal>0.7683855417</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ACS Actividades de Construccion y Servicios SA.</name>
        <lei>N/A</lei>
        <title>ACS ACTIVIDADES DE CONSTRUCCIO COMMON STOCK EUR.5</title>
        <cusip>B01FLQ905</cusip>
        <identifiers>
          <isin value="ES0167050915"/>
          <ticker value="ACS SM"/>
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        <balance>9653</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>670957.03</valUSD>
        <pctVal>0.4678885587</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>King Slide Works Co. Ltd.</name>
        <lei>N/A</lei>
        <title>KING SLIDE WORKS CO LTD COMMON STOCK TWD10.0</title>
        <cusip>B01H72900</cusip>
        <identifiers>
          <isin value="TW0002059003"/>
          <ticker value="2059 TT"/>
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        <balance>1718</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.212"/>
        <valUSD>119594.65</valUSD>
        <pctVal>0.0833987363</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Admiral Group plc</name>
        <lei>N/A</lei>
        <title>ADMIRAL GROUP PLC COMMON STOCK GBP.001</title>
        <cusip>B02J63904</cusip>
        <identifiers>
          <isin value="GB00B02J6398"/>
          <ticker value="ADM LN"/>
        </identifiers>
        <balance>8569</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.728518"/>
        <valUSD>384804.32</valUSD>
        <pctVal>0.2683413850</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Singapore Telecommunications Limited</name>
        <lei>N/A</lei>
        <title>SINGAPORE TELECOMMUNICATIONS COMMON STOCK</title>
        <cusip>B02PY2901</cusip>
        <identifiers>
          <isin value="SG1T75931496"/>
          <ticker value="ST SP"/>
        </identifiers>
        <balance>213957</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2715"/>
        <valUSD>645034.67</valUSD>
        <pctVal>0.4498117295</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Grupo Aeroportuario del Pacifico S.A.B. de C.V.</name>
        <lei>N/A</lei>
        <title>GRUPO AEROPORTUARIO DEL PACIFI COMMON STOCK</title>
        <cusip>B0ZV10902</cusip>
        <identifiers>
          <isin value="MX01GA000004"/>
          <ticker value="GAPB MM"/>
        </identifiers>
        <balance>29771</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="18.7645"/>
        <valUSD>681522.6</valUSD>
        <pctVal>0.4752564066</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Unilever PLC</name>
        <lei>549300MKFYEKVRWML317</lei>
        <title>UNILEVER PLC COMMON STOCK GBP.00031111</title>
        <cusip>B10RZP905</cusip>
        <identifiers>
          <isin value="GB00B10RZP78"/>
          <ticker value="ULVR LN"/>
        </identifiers>
        <balance>3124</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.728518"/>
        <valUSD>190645.85</valUSD>
        <pctVal>0.1329459384</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Norsk Hydro ASA</name>
        <lei>549300N1SDN71ZZ8BO45</lei>
        <title>NORSK HYDRO ASA COMMON STOCK NOK1.098</title>
        <cusip>B11HK3901</cusip>
        <identifiers>
          <isin value="NO0005052605"/>
          <ticker value="NHY NO"/>
        </identifiers>
        <balance>28501</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="10.0794"/>
        <valUSD>163208.08</valUSD>
        <pctVal>0.1138123455</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TotalEnergies SE</name>
        <lei>N/A</lei>
        <title>TOTALENERGIES SE COMMON STOCK EUR2.5</title>
        <cusip>B15C55900</cusip>
        <identifiers>
          <isin value="FR0000120271"/>
          <ticker value="TTE FP"/>
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        <balance>6061</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>370464.54</valUSD>
        <pctVal>0.2583416105</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Lotes Co. Ltd.</name>
        <lei>N/A</lei>
        <title>LOTES CO LTD COMMON STOCK TWD10.0</title>
        <cusip>B1GJFG908</cusip>
        <identifiers>
          <isin value="TW0003533006"/>
          <ticker value="3533 TT"/>
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        <balance>1622</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.212"/>
        <valUSD>75104.34</valUSD>
        <pctVal>0.0523736392</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Zhaojin Mining Industry Company Limited</name>
        <lei>N/A</lei>
        <title>ZHAOJIN MINING INDUSTRY CO LTD COMMON STOCK CNY1.0</title>
        <cusip>B1H508901</cusip>
        <identifiers>
          <isin value="CNE1000004R6"/>
          <ticker value="1818 HK"/>
        </identifiers>
        <balance>34121</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84995"/>
        <valUSD>89689.74</valUSD>
        <pctVal>0.0625446956</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Aker BP ASA</name>
        <lei>549300NFTY73920OYK69</lei>
        <title>AKER BP ASA COMMON STOCK NOK1.0</title>
        <cusip>B1L95G905</cusip>
        <identifiers>
          <isin value="NO0010345853"/>
          <ticker value="AKRBP NO"/>
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        <balance>2742</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="10.0794"/>
        <valUSD>70070.13</valUSD>
        <pctVal>0.0488630578</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Vinci SA</name>
        <lei>N/A</lei>
        <title>VINCI SA COMMON STOCK EUR2.5</title>
        <cusip>B1XH02900</cusip>
        <identifiers>
          <isin value="FR0000125486"/>
          <ticker value="DG FP"/>
        </identifiers>
        <balance>2562</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>377819.11</valUSD>
        <pctVal>0.2634702834</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Sunny Optical Technology (Group) Company Limited</name>
        <lei>N/A</lei>
        <title>SUNNY OPTICAL TECHNOLOGY GROUP COMMON STOCK HKD.1</title>
        <cusip>B1YBT0905</cusip>
        <identifiers>
          <isin value="KYG8586D1097"/>
          <ticker value="2382 HK"/>
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        <balance>13886</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84995"/>
        <valUSD>123328.19</valUSD>
        <pctVal>0.0860023019</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CaixaBank S.A.</name>
        <lei>7CUNS533WID6K7DGFI87</lei>
        <title>CAIXABANK SA COMMON STOCK EUR1.0</title>
        <cusip>B283W9907</cusip>
        <identifiers>
          <isin value="ES0140609019"/>
          <ticker value="CABK SM"/>
        </identifiers>
        <balance>12911</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>111871.41</valUSD>
        <pctVal>0.0780129732</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Iberdrola S.A.</name>
        <lei>5QK37QC7NWOJ8D7WVQ45</lei>
        <title>IBERDROLA SA COMMON STOCK EUR.75</title>
        <cusip>B288C9908</cusip>
        <identifiers>
          <isin value="ES0144580Y14"/>
          <ticker value="IBE SM"/>
        </identifiers>
        <balance>79773</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>1534675.72</valUSD>
        <pctVal>1.0701985055</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Getlink S.E.</name>
        <lei>N/A</lei>
        <title>GETLINK SE COMMON STOCK EUR.4</title>
        <cusip>B292JQ905</cusip>
        <identifiers>
          <isin value="FR0010533075"/>
          <ticker value="GET FP"/>
        </identifiers>
        <balance>34966</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>674984.47</valUSD>
        <pctVal>0.4706970740</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BYD Electronic (International) Company Limited</name>
        <lei>N/A</lei>
        <title>BYD ELECTRONIC INTERNATIONAL C COMMON STOCK</title>
        <cusip>B29SHS906</cusip>
        <identifiers>
          <isin value="HK0285041858"/>
          <ticker value="285 HK"/>
        </identifiers>
        <balance>16886</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84995"/>
        <valUSD>68729.93</valUSD>
        <pctVal>0.0479284760</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MS and Ad Insurance Group Holdings Inc.</name>
        <lei>N/A</lei>
        <title>MSandAD INSURANCE GROUP HOLDINGS COMMON STOCK</title>
        <cusip>B2Q4CS905</cusip>
        <identifiers>
          <isin value="JP3890310000"/>
          <ticker value="8725 JP"/>
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        <balance>10796</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="144.005"/>
        <valUSD>241351.07</valUSD>
        <pctVal>0.1683049722</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Ardonagh Finco Limited</name>
        <lei>N/A</lei>
        <title>ARDONAGH FINCO LTD SR SECURED 144A 02/31 6.875</title>
        <cusip>ZF8323114</cusip>
        <identifiers>
          <isin value="XS2765489484"/>
          <ticker value="ARDGRP"/>
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        <balance>100000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>120816.57</valUSD>
        <pctVal>0.0842508362</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.875000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GTCR W Dutch Finance Sub B.V.</name>
        <lei>N/A</lei>
        <title>BOOST NEWCO BORROWER LLC/GTCR SR SECURED REGS 01/31 8.5</title>
        <cusip>ZI9728067</cusip>
        <identifiers>
          <isin value="XS2696111389"/>
          <ticker value="WRLDPY"/>
        </identifiers>
        <balance>100000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.728518"/>
        <valUSD>147095.43</valUSD>
        <pctVal>0.1025762689</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.500000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Admiral Group plc</name>
        <lei>N/A</lei>
        <title>ADMIRAL GROUP PLC SUBORDINATED REGS 01/34 8.5</title>
        <cusip>ZJ3146215</cusip>
        <identifiers>
          <isin value="XS2643776680"/>
          <ticker value="ADMLN"/>
        </identifiers>
        <balance>100000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.728518"/>
        <valUSD>156300.61</valUSD>
        <pctVal>0.1089954556</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-01-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.500000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EMRLD BORROWER LP / EMERALD CO SR SECURED REGS 12/30 6.375</name>
        <lei>N/A</lei>
        <title>EMRLD BORROWER LP / EMERALD CO SR SECURED REGS 12/30 6.375</title>
        <cusip>ZK4799381</cusip>
        <identifiers>
          <isin value="XS2621830681"/>
          <ticker value="EMECLI"/>
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        <balance>100000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>123813.06</valUSD>
        <pctVal>0.0863404236</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.375000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Olympus Water US Holding Corporation</name>
        <lei>N/A</lei>
        <title>OLYMPUS WATER US HOLDING CORP SR SECURED REGS 11/28 9.625</title>
        <cusip>ZK7335050</cusip>
        <identifiers>
          <isin value="XS2628988730"/>
          <ticker value="SOLEIN"/>
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        <balance>200000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>247369.64</valUSD>
        <pctVal>0.1725019922</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.625000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>House of HR Group B.V.</name>
        <lei>N/A</lei>
        <title>HOUSE OF HR GROUP BV SR SECURED REGS 11/29 9</title>
        <cusip>ZN8820971</cusip>
        <identifiers>
          <isin value="XS2541618299"/>
          <ticker value="HOUSEH"/>
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        <balance>100000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>116366.41</valUSD>
        <pctVal>0.0811475391</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-03</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.000000000000</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>Altice France SA</name>
        <lei>5493001ZMCICV4N02J21</lei>
        <title>ALTICE SA SR SECURED REGS 01/29 4.125</title>
        <cusip>ZO4980280</cusip>
        <identifiers>
          <isin value="XS2232102876"/>
          <ticker value="SFRFP"/>
        </identifiers>
        <balance>200000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>197978.17</valUSD>
        <pctVal>0.1380590954</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.125000000000</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>Peach Property Finance GmbH</name>
        <lei>N/A</lei>
        <title>PEACH PROPERTY FINANCE GMBH SR UNSECURED REGS 11/25 4.375</title>
        <cusip>ZO9233867</cusip>
        <identifiers>
          <isin value="XS2247301794"/>
          <ticker value="PEANSW"/>
        </identifiers>
        <balance>160000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>182817.94</valUSD>
        <pctVal>0.1274871842</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.375000000000</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>Heimstaden Bostad AB</name>
        <lei>N/A</lei>
        <title>HEIMSTADEN BOSTAD AB SR UNSECURED REGS 01/26 1.125</title>
        <cusip>ZP4820616</cusip>
        <identifiers>
          <isin value="XS2105772201"/>
          <ticker value="HEIBOS"/>
        </identifiers>
        <balance>100000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>116444.03</valUSD>
        <pctVal>0.0812016671</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-01-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.125000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Arena Luxembourg Finance S.a r.l.</name>
        <lei>N/A</lei>
        <title>ARENA LUXEMBOURG FINANCE SARL SR SECURED REGS 02/28 1.875</title>
        <cusip>ZP6096611</cusip>
        <identifiers>
          <isin value="XS2111944133"/>
          <ticker value="EMPARQ"/>
        </identifiers>
        <balance>100000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>112603.99</valUSD>
        <pctVal>0.0785238342</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.875000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ANGOLAN GOVERNMENT INTERNATION SR UNSECURED REGS 11/29 8</name>
        <lei>N/A</lei>
        <title>ANGOLAN GOVERNMENT INTERNATION SR UNSECURED REGS 11/29 8</title>
        <cusip>ZQ6807692</cusip>
        <identifiers>
          <isin value="XS2083302419"/>
          <ticker value="ANGOL"/>
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        <balance>200000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>180956.38</valUSD>
        <pctVal>0.1261890345</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>AO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.000000000000</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>Cinemark USA Inc.</name>
        <lei>54930008H2137JSCPQ09</lei>
        <title>CINEMARK USA INC COMPANY GUAR 144A 08/32 7</title>
        <cusip>172441BH9</cusip>
        <identifiers>
          <isin value="US172441BH95"/>
          <ticker value="CNK"/>
        </identifiers>
        <balance>50000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>51908.25</valUSD>
        <pctVal>0.0361979608</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.000000000000</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>Cisco Systems Inc.</name>
        <lei>N/A</lei>
        <title>CISCO SYSTEMS INC COMMON STOCK USD.001</title>
        <cusip>17275R102</cusip>
        <identifiers>
          <isin value="US17275R1023"/>
          <ticker value="CSCO US"/>
        </identifiers>
        <balance>17434</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1209570.92</valUSD>
        <pctVal>0.8434882848</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Digital Realty Trust Inc.</name>
        <lei>N/A</lei>
        <title>DIGITAL REALTY TRUST INC REIT USD.01</title>
        <cusip>253868103</cusip>
        <identifiers>
          <isin value="US2538681030"/>
          <ticker value="DLR US"/>
        </identifiers>
        <balance>634</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>110525.22</valUSD>
        <pctVal>0.0770742143</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Dominion Energy Inc.</name>
        <lei>ILUL7B6Z54MRYCF6H308</lei>
        <title>DOMINION ENERGY INC COMMON STOCK</title>
        <cusip>25746U109</cusip>
        <identifiers>
          <isin value="US25746U1097"/>
          <ticker value="D US"/>
        </identifiers>
        <balance>1761</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>99531.72</valUSD>
        <pctVal>0.0694079515</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Grupo Mexico S.A.B. de C.V.</name>
        <lei>N/A</lei>
        <title>GRUPO MEXICO SAB DE CV COMMON STOCK</title>
        <cusip>264367905</cusip>
        <identifiers>
          <isin value="MXP370841019"/>
          <ticker value="GMEXICOB MM"/>
        </identifiers>
        <balance>57971</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="18.7645"/>
        <valUSD>349874.27</valUSD>
        <pctVal>0.2439830877</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Duke Energy Corporation</name>
        <lei>I1BZKREC126H0VB1BL91</lei>
        <title>DUKE ENERGY CORP COMMON STOCK USD.001</title>
        <cusip>26441C204</cusip>
        <identifiers>
          <isin value="US26441C2044"/>
          <ticker value="DUK US"/>
        </identifiers>
        <balance>2619</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>309042</valUSD>
        <pctVal>0.2155089067</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ECAF I LTD ECAF 2015 1A A2 144A</name>
        <lei>N/A</lei>
        <title>ECAF I LTD ECAF 2015 1A A2 144A</title>
        <cusip>26827EAC9</cusip>
        <identifiers>
          <isin value="US26827EAC93"/>
          <ticker value="ECAF"/>
        </identifiers>
        <balance>509789.24</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>456285.84</valUSD>
        <pctVal>0.3181886686</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.947000000000</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>EOG Resources Inc.</name>
        <lei>XWTZDRYZPBUHIQBKDB46</lei>
        <title>EOG RESOURCES INC COMMON STOCK USD.01</title>
        <cusip>26875P101</cusip>
        <identifiers>
          <isin value="US26875P1012"/>
          <ticker value="EOG US"/>
        </identifiers>
        <balance>1585</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>189581.85</valUSD>
        <pctVal>0.1322039633</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FREDDIE MAC MULTIFAMILY STRUCT MSCR 2021 MN3 B1 144A</name>
        <lei>N/A</lei>
        <title>FREDDIE MAC MULTIFAMILY STRUCT MSCR 2021 MN3 B1 144A</title>
        <cusip>35563GAC3</cusip>
        <identifiers>
          <isin value="US35563GAC33"/>
          <ticker value="MSCR"/>
        </identifiers>
        <balance>500000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>529375.35</valUSD>
        <pctVal>0.3691572760</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-11-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>11.155170000000</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>FREDDIE MAC MSCR TRUST MN8 MSCR 2024 MN8 M2 144A</name>
        <lei>N/A</lei>
        <title>FREDDIE MAC MSCR TRUST MN8 MSCR 2024 MN8 M2 144A</title>
        <cusip>35563RAB1</cusip>
        <identifiers>
          <isin value="US35563RAB15"/>
          <ticker value="MSCR"/>
        </identifiers>
        <balance>400000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>417525.64</valUSD>
        <pctVal>0.2911594352</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-05-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.555170000000</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>Freddie Mac Stacr Remic Trust 2020-HQA2</name>
        <lei>N/A</lei>
        <title>FREDDIE MAC STACR REMIC TRUST STACR 2020 HQA2 B2 144A</title>
        <cusip>35565LBE5</cusip>
        <identifiers>
          <isin value="US35565LBE56"/>
          <ticker value="STACR"/>
        </identifiers>
        <balance>600000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>726557.46</valUSD>
        <pctVal>0.5066612429</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-03-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>12.019650000000</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>Freddie Mac Mscr Trust Mn6</name>
        <lei>N/A</lei>
        <title>FREDDIE MAC MSCR TRUST MN6 MSCR 2023 MN6 B1 144A</title>
        <cusip>355920AB5</cusip>
        <identifiers>
          <isin value="US355920AB51"/>
          <ticker value="MSCR"/>
        </identifiers>
        <balance>500000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>566227.5</valUSD>
        <pctVal>0.3948559402</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-05-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>13.555170000000</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>Giga-Byte Technology Co. Ltd.</name>
        <lei>N/A</lei>
        <title>GIGABYTE TECHNOLOGY CO LTD COMMON STOCK TWD10.0</title>
        <cusip>612918904</cusip>
        <identifiers>
          <isin value="TW0002376001"/>
          <ticker value="2376 TT"/>
        </identifiers>
        <balance>8640</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.212"/>
        <valUSD>83956.54</valUSD>
        <pctVal>0.0585466770</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Obic Co. Ltd.</name>
        <lei>N/A</lei>
        <title>OBIC CO LTD COMMON STOCK</title>
        <cusip>613674902</cusip>
        <identifiers>
          <isin value="JP3173400007"/>
          <ticker value="4684 JP"/>
        </identifiers>
        <balance>2284</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="144.005"/>
        <valUSD>88813.48</valUSD>
        <pctVal>0.0619336400</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Quanta Computer Inc.</name>
        <lei>N/A</lei>
        <title>QUANTA COMPUTER INC COMMON STOCK TWD10.0</title>
        <cusip>614101905</cusip>
        <identifiers>
          <isin value="TW0002382009"/>
          <ticker value="2382 TT"/>
        </identifiers>
        <balance>15125</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.212"/>
        <valUSD>142271.35</valUSD>
        <pctVal>0.0992122206</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BHP Group Limited</name>
        <lei>WZE1WSENV6JSZFK0JC28</lei>
        <title>BHP GROUP LTD COMMON STOCK</title>
        <cusip>614469005</cusip>
        <identifiers>
          <isin value="AU000000BHP4"/>
          <ticker value="BHP AU"/>
        </identifiers>
        <balance>3116</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.51941"/>
        <valUSD>74963.47</valUSD>
        <pctVal>0.0522754042</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hyundai Motor Company</name>
        <lei>N/A</lei>
        <title>HYUNDAI MOTOR CO PREFERENCE</title>
        <cusip>645102906</cusip>
        <identifiers>
          <isin value="KR7005381009"/>
          <ticker value="005385 KS"/>
        </identifiers>
        <balance>1936</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1349.6"/>
        <valUSD>221080.03</valUSD>
        <pctVal>0.1541690630</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kyocera Corporation</name>
        <lei>N/A</lei>
        <title>KYOCERA CORP COMMON STOCK</title>
        <cusip>649926003</cusip>
        <identifiers>
          <isin value="JP3249600002"/>
          <ticker value="6971 JP"/>
        </identifiers>
        <balance>7520</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="144.005"/>
        <valUSD>90317.87</valUSD>
        <pctVal>0.0629827189</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tokio Marine Holdings Inc.</name>
        <lei>N/A</lei>
        <title>TOKIO MARINE HOLDINGS INC COMMON STOCK</title>
        <cusip>651312902</cusip>
        <identifiers>
          <isin value="JP3910660004"/>
          <ticker value="8766 JP"/>
        </identifiers>
        <balance>10106</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="144.005"/>
        <valUSD>428302.68</valUSD>
        <pctVal>0.2986747507</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BYD Company Limited</name>
        <lei>N/A</lei>
        <title>BYD CO LTD COMMON STOCK CNY1.0</title>
        <cusip>653665901</cusip>
        <identifiers>
          <isin value="CNE100000296"/>
          <ticker value="1211 HK"/>
        </identifiers>
        <balance>3660</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84995"/>
        <valUSD>56986.28</valUSD>
        <pctVal>0.0397390999</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sekisui House Ltd.</name>
        <lei>N/A</lei>
        <title>SEKISUI HOUSE LTD COMMON STOCK</title>
        <cusip>679390005</cusip>
        <identifiers>
          <isin value="JP3420600003"/>
          <ticker value="1928 JP"/>
        </identifiers>
        <balance>23882</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="144.005"/>
        <valUSD>525626.75</valUSD>
        <pctVal>0.3665432084</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shimadzu Corporation</name>
        <lei>N/A</lei>
        <title>SHIMADZU CORP COMMON STOCK</title>
        <cusip>680436003</cusip>
        <identifiers>
          <isin value="JP3357200009"/>
          <ticker value="7701 JP"/>
        </identifiers>
        <balance>2265</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="144.005"/>
        <valUSD>55997.57</valUSD>
        <pctVal>0.0390496278</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Omnicom Group Inc.</name>
        <lei>HKUPACFHSSASQK8HLS17</lei>
        <title>OMNICOM GROUP INC COMMON STOCK USD.15</title>
        <cusip>681919106</cusip>
        <identifiers>
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          <ticker value="OMC US"/>
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        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>293011.62</valUSD>
        <pctVal>0.2043302007</pctVal>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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      <invstOrSec>
        <name>ON Semiconductor Corporation</name>
        <lei>ZV20P4CNJVT8V1ZGJ064</lei>
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        <cusip>682189AU9</cusip>
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          <isin value="US682189AU93"/>
          <ticker value="ON"/>
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        <balance>50000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>46210</valUSD>
        <pctVal>0.0322243144</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.500000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>Y</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>ON Semiconductor Corp.</name>
              <title>ON Semiconductor Corp.</title>
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                <isin value="US6821891057"/>
                <ticker value="ON"/>
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            <currencyInfo convRatio="9.627700000000" curCd="USD"/>
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          <delta>XXXX</delta>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Sumitomo Corporation</name>
        <lei>V82KK8NH1P0JS71FJC05</lei>
        <title>SUMITOMO CORP COMMON STOCK</title>
        <cusip>685894008</cusip>
        <identifiers>
          <isin value="JP3404600003"/>
          <ticker value="8053 JP"/>
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        <balance>8094</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="144.005"/>
        <valUSD>208879.51</valUSD>
        <pctVal>0.1456610908</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Tokyo Electron Limited</name>
        <lei>549300H5LSF8DP3RIJ34</lei>
        <title>TOKYO ELECTRON LTD COMMON STOCK</title>
        <cusip>689567006</cusip>
        <identifiers>
          <isin value="JP3571400005"/>
          <ticker value="8035 JP"/>
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        <balance>1130</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="144.005"/>
        <valUSD>216405.56</valUSD>
        <pctVal>0.1509093445</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Toyota Motor Corporation</name>
        <lei>5493006W3QUS5LMH6R84</lei>
        <title>TOYOTA MOTOR CORP COMMON STOCK</title>
        <cusip>690064001</cusip>
        <identifiers>
          <isin value="JP3633400001"/>
          <ticker value="7203 JP"/>
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        <balance>26011</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="144.005"/>
        <valUSD>447987.06</valUSD>
        <pctVal>0.3124015555</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Owens-Brockway Glass Container Inc.</name>
        <lei>V2UQUCDZJ9WY98W8QU33</lei>
        <title>OWENS-BROCKWAY GLASS CONTAINER COMPANY GUAR 144A 06/32 7.375</title>
        <cusip>69073TAV5</cusip>
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          <isin value="US69073TAV52"/>
          <ticker value="OI"/>
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        <balance>135000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>137542.19</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.375000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Roche Holding AG</name>
        <lei>N/A</lei>
        <title>ROCHE HOLDING AG COMMON STOCK</title>
        <cusip>711038901</cusip>
        <identifiers>
          <isin value="CH0012032048"/>
          <ticker value="ROG SW"/>
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        <balance>1793</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.79345"/>
        <valUSD>585270.45</valUSD>
        <pctVal>0.4081354469</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Nestle S.A.</name>
        <lei>KY37LUS27QQX7BB93L28</lei>
        <title>NESTLE SA COMMON STOCK CHF.1</title>
        <cusip>712387901</cusip>
        <identifiers>
          <isin value="CH0038863350"/>
          <ticker value="NESN SW"/>
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        <balance>1633</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.79345"/>
        <valUSD>162363.21</valUSD>
        <pctVal>0.1132231796</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PepsiCo Inc.</name>
        <lei>FJSUNZKFNQ5YPJ5OT455</lei>
        <title>PEPSICO INC COMMON STOCK USD.017</title>
        <cusip>713448108</cusip>
        <identifiers>
          <isin value="US7134481081"/>
          <ticker value="PEP US"/>
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        <balance>2966</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>391630.64</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Performance Food Group Inc.</name>
        <lei>N/A</lei>
        <title>PERFORMANCE FOOD GROUP INC COMPANY GUAR 144A 08/29 4.25</title>
        <cusip>71376LAE0</cusip>
        <identifiers>
          <isin value="US71376LAE02"/>
          <ticker value="PFGC"/>
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        <balance>100000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>96424.89</valUSD>
        <pctVal>0.0672414190</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.250000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>WELLS FARGO COMMERCIAL MORTGAG WFCM 2015 C30 D 144A</name>
        <lei>N/A</lei>
        <title>WELLS FARGO COMMERCIAL MORTGAG WFCM 2015 C30 D 144A</title>
        <cusip>94989NAL1</cusip>
        <identifiers>
          <isin value="US94989NAL10"/>
          <ticker value="WFCM"/>
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        <balance>532500</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>515810.23</valUSD>
        <pctVal>0.3596977069</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-09-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.644467000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Windsor Holdings III LLC</name>
        <lei>N/A</lei>
        <title>WINDSOR HOLDINGS III LLC SR SECURED 144A 06/30 8.5</title>
        <cusip>97360AAA5</cusip>
        <identifiers>
          <isin value="US97360AAA51"/>
          <ticker value="UNVR"/>
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        <balance>135000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>144669.69</valUSD>
        <pctVal>0.1008846911</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.500000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>WORLDWIDE PLAZA TRUST 2017-WWP WPT 2017 WWP A 144A</name>
        <lei>N/A</lei>
        <title>WORLDWIDE PLAZA TRUST 2017-WWP WPT 2017 WWP A 144A</title>
        <cusip>98162JAA4</cusip>
        <identifiers>
          <isin value="US98162JAA43"/>
          <ticker value="WPT"/>
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        <balance>300000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>211499.97</valUSD>
        <pctVal>0.1474884556</pctVal>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-11-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.526300000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>X-Caliber Funding LLC</name>
        <lei>N/A</lei>
        <title>X-CALIBER FUNDING LLC XCAL 2025 VFN1 A 144A</title>
        <cusip>98373XBZ2</cusip>
        <identifiers>
          <isin value="US98373XBZ24"/>
          <ticker value="XCAL"/>
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        <balance>100000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>100000</valUSD>
        <pctVal>0.0697345043</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.13024</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>YUM! Brands Inc.</name>
        <lei>549300JE8XHZZ7OHN517</lei>
        <title>YUM! BRANDS INC SR UNSECURED 144A 01/30 4.75</title>
        <cusip>988498AL5</cusip>
        <identifiers>
          <isin value="US988498AL59"/>
          <ticker value="YUM"/>
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        <balance>50000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>49528.78</valUSD>
        <pctVal>0.0345386492</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.750000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Bank of Baroda</name>
        <lei>549300CQ6M9Q0TJEZR23</lei>
        <title>BANK OF BARODA COMMON STOCK INR2.0</title>
        <cusip>ACI0BHS88</cusip>
        <identifiers>
          <isin value="INE028A01039"/>
          <ticker value="BOB IN"/>
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        <balance>236344</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="85.76"/>
        <valUSD>685018.25</valUSD>
        <pctVal>0.4776940808</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Atlas Arteria Limited</name>
        <lei>N/A</lei>
        <title>ATLAS ARTERIA LTD STAPLED SECURITY</title>
        <cusip>ACI1308Z4</cusip>
        <identifiers>
          <isin value="AU0000013559"/>
          <ticker value="ALX AU"/>
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        <balance>45379</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.51941"/>
        <valUSD>152086.26</valUSD>
        <pctVal>0.1060565995</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JDE Peet's N.V.</name>
        <lei>N/A</lei>
        <title>JDE PEET'S NV COMMON STOCK EUR.01</title>
        <cusip>ACI1MNCX3</cusip>
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          <isin value="NL0014332678"/>
          <ticker value="JDEP NA"/>
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        <balance>24064</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
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        <pctVal>0.4793395571</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Standard Bank Group</name>
        <lei>N/A</lei>
        <title>STANDARD BANK GROUP LTD COMMON STOCK ZAR.1</title>
        <cusip>B030GJ908</cusip>
        <identifiers>
          <isin value="ZAE000109815"/>
          <ticker value="SBK SJ"/>
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        <balance>10577</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="17.70375"/>
        <valUSD>135804.72</valUSD>
        <pctVal>0.0947027483</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Powszechna Kasa Oszczednosci Bank Polski Spolka Akcyjna</name>
        <lei>P4GTT6GF1W40CVIMFR43</lei>
        <title>POWSZECHNA KASA OSZCZEDNOSCI B COMMON STOCK PLN1.0</title>
        <cusip>B03NGS908</cusip>
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          <isin value="PLPKO0000016"/>
          <ticker value="PKO PW"/>
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        <units>NS</units>
        <currencyConditional curCd="PLN" exchangeRt="3.60435"/>
        <valUSD>81510.68</valUSD>
        <pctVal>0.0568410686</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KONE Oyj</name>
        <lei>N/A</lei>
        <title>KONE OYJ COMMON STOCK</title>
        <cusip>B09M9D905</cusip>
        <identifiers>
          <isin value="FI0009013403"/>
          <ticker value="KNEBV FH"/>
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        <balance>7988</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>526255.46</valUSD>
        <pctVal>0.3669816362</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sanlam Limited</name>
        <lei>N/A</lei>
        <title>SANLAM LTD COMMON STOCK ZAR.01</title>
        <cusip>B0L675905</cusip>
        <identifiers>
          <isin value="ZAE000070660"/>
          <ticker value="SLM SJ"/>
        </identifiers>
        <balance>70922</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="17.70375"/>
        <valUSD>355294.42</valUSD>
        <pctVal>0.2477628025</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kaixo Bondco Telecom SA</name>
        <lei>N/A</lei>
        <title>KAIXO BONDCO TELECOM SA SR SECURED REGS 09/29 5.125</title>
        <cusip>BR7071730</cusip>
        <identifiers>
          <isin value="XS2397198487"/>
          <ticker value="LORCAT"/>
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        <balance>200000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>238897.34</valUSD>
        <pctVal>0.1665938758</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.125000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Eolo S.P.A.</name>
        <lei>N/A</lei>
        <title>EOLO SPA SR SECURED REGS 10/28 4.875</title>
        <cusip>BR7686255</cusip>
        <identifiers>
          <isin value="XS2394823418"/>
          <ticker value="EOLOSP"/>
        </identifiers>
        <balance>100000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>110543.53</valUSD>
        <pctVal>0.0770869826</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.875000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Teva Pharmaceutical Finance Netherlands II B.V.</name>
        <lei>N/A</lei>
        <title>TEVA PHARMACEUTICAL FINANCE NE COMPANY GUAR 05/30 4.375</title>
        <cusip>BS1759429</cusip>
        <identifiers>
          <isin value="XS2406607171"/>
          <ticker value="TEVA"/>
        </identifiers>
        <balance>200000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>239893.85</valUSD>
        <pctVal>0.1672887871</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.375000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Odido Holding B.V.</name>
        <lei>N/A</lei>
        <title>ODIDO HOLDING BV SR SECURED REGS 01/29 3.75</title>
        <cusip>BS9025161</cusip>
        <identifiers>
          <isin value="XS2417090789"/>
          <ticker value="TMOBNL"/>
        </identifiers>
        <balance>150000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>174848.99</valUSD>
        <pctVal>0.1219300764</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.750000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Samhallsbyggnadsbolaget i Norden Holding AB</name>
        <lei>N/A</lei>
        <title>SAMHALLSBYGGNADSBOLAGET I NORD COMPANY GUAR REGS 08/26 2.375</title>
        <cusip>YS1283565</cusip>
        <identifiers>
          <isin value="XS2962827155"/>
          <ticker value="SBBBSS"/>
        </identifiers>
        <balance>100000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>112487.15</valUSD>
        <pctVal>0.0784423564</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-04</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.375000000000</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>Matterhorn Telecom S.A.</name>
        <lei>N/A</lei>
        <title>MATTERHORN TELECOM SA SR SECURED REGS 01/30 4.5</title>
        <cusip>YS6354452</cusip>
        <identifiers>
          <isin value="XS2985311518"/>
          <ticker value="MATTER"/>
        </identifiers>
        <balance>125000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>150288.89</valUSD>
        <pctVal>0.1048032124</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.500000000000</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>Iliad Holding</name>
        <lei>N/A</lei>
        <title>ILIAD HOLDING SASU SR SECURED REGS 04/30 5.375</title>
        <cusip>YT3446697</cusip>
        <identifiers>
          <isin value="XS2943818059"/>
          <ticker value="ILDFP"/>
        </identifiers>
        <balance>275000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>332849.93</valUSD>
        <pctVal>0.2321112486</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.375000000000</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>Grifols S.A.</name>
        <lei>N/A</lei>
        <title>GRIFOLS SA SR SECURED REGS 05/30 7.125</title>
        <cusip>YT9448788</cusip>
        <identifiers>
          <isin value="XS2961445090"/>
          <ticker value="GRFSM"/>
        </identifiers>
        <balance>250000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>306570.68</valUSD>
        <pctVal>0.2137855439</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.125000000000</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>United Group B.V</name>
        <lei>N/A</lei>
        <title>UNITED GROUP BV SR SECURED REGS 02/31 6.75</title>
        <cusip>ZF4880653</cusip>
        <identifiers>
          <isin value="XS2758078930"/>
          <ticker value="ADRBID"/>
        </identifiers>
        <balance>150000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>180981.17</valUSD>
        <pctVal>0.1262063217</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.750000000000</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>Goldstory SAS</name>
        <lei>N/A</lei>
        <title>GOLDSTORY SAS SR SECURED REGS 02/30 6.75</title>
        <cusip>ZF6562655</cusip>
        <identifiers>
          <isin value="XS2761223127"/>
          <ticker value="THOEUR"/>
        </identifiers>
        <balance>150000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>183426.84</valUSD>
        <pctVal>0.1279117976</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.750000000000</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>Cirsa Finance International S.a.r.l.</name>
        <lei>N/A</lei>
        <title>CIRSA FINANCE INTERNATIONAL SA SR SECURED REGS 03/29 6.5</title>
        <cusip>ZF6567639</cusip>
        <identifiers>
          <isin value="XS2760863329"/>
          <ticker value="LHMCFI"/>
        </identifiers>
        <balance>100000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>122950.61</valUSD>
        <pctVal>0.0857389984</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.500000000000</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>WE Soda Investments Holding Plc</name>
        <lei>N/A</lei>
        <title>WE SODA INVESTMENTS HOLDING PL SR SECURED REGS 02/31 9.375</title>
        <cusip>ZF8260845</cusip>
        <identifiers>
          <isin value="USG95448AC32"/>
          <ticker value="WESODA"/>
        </identifiers>
        <balance>200000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>209118</valUSD>
        <pctVal>0.1458274006</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.375000000000</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>Hudson Pacific Properties L.P.</name>
        <lei>N/A</lei>
        <title>HUDSON PACIFIC PROPERTIES LP COMPANY GUAR 01/30 3.25</title>
        <cusip>44409MAC0</cusip>
        <identifiers>
          <isin value="US44409MAC01"/>
          <ticker value="HPP"/>
        </identifiers>
        <balance>25000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>20440.2</valUSD>
        <pctVal>0.0142538721</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.250000000000</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>Hudson Pacific Properties L.P.</name>
        <lei>N/A</lei>
        <title>HUDSON PACIFIC PROPERTIES LP COMPANY GUAR 02/28 5.95</title>
        <cusip>44409MAD8</cusip>
        <identifiers>
          <isin value="US44409MAD83"/>
          <ticker value="HPP"/>
        </identifiers>
        <balance>50000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>48734.66</valUSD>
        <pctVal>0.0339848736</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.950000000000</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>Huntington Bancshares Incorporated</name>
        <lei>549300XTVCVV9I7B5T19</lei>
        <title>HUNTINGTON BANCSHARES INC/OH COMMON STOCK USD.01</title>
        <cusip>446150104</cusip>
        <identifiers>
          <isin value="US4461501045"/>
          <ticker value="HBAN US"/>
        </identifiers>
        <balance>7596</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>127308.96</valUSD>
        <pctVal>0.0887782721</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Imola Merger Corporation</name>
        <lei>N/A</lei>
        <title>IMOLA MERGER CORP SR SECURED 144A 05/29 4.75</title>
        <cusip>45258LAA5</cusip>
        <identifiers>
          <isin value="US45258LAA52"/>
          <ticker value="IM"/>
        </identifiers>
        <balance>105000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>101376.7</valUSD>
        <pctVal>0.0706945392</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.750000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LABL Inc.</name>
        <lei>N/A</lei>
        <title>LABL INC SR SECURED 144A 10/31 8.625</title>
        <cusip>50168QAF2</cusip>
        <identifiers>
          <isin value="US50168QAF28"/>
          <ticker value="LABL"/>
        </identifiers>
        <balance>105000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>89813.66</valUSD>
        <pctVal>0.0626311106</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.625000000000</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>LBM Acquisition LLC</name>
        <lei>N/A</lei>
        <title>LBM ACQUISITION LLC 2024 INCREMENTAL TERM LOAN B</title>
        <cusip>50179JAH1</cusip>
        <identifiers>
          <isin value="US50179JAH14"/>
          <ticker value="USLBMH"/>
        </identifiers>
        <balance>99497.48</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>92657.03</valUSD>
        <pctVal>0.0646139205</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-06</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.162</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>UPM-Kymmene Oyj</name>
        <lei>N/A</lei>
        <title>UPM-KYMMENE OYJ COMMON STOCK</title>
        <cusip>505125906</cusip>
        <identifiers>
          <isin value="FI0009005987"/>
          <ticker value="UPM FH"/>
        </identifiers>
        <balance>7641</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>208660.56</valUSD>
        <pctVal>0.1455084071</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Vital Energy Inc.</name>
        <lei>549300X0PTWU2QSLSL14</lei>
        <title>VITAL ENERGY INC COMPANY GUAR 144A 07/29 7.75</title>
        <cusip>516806AH9</cusip>
        <identifiers>
          <isin value="US516806AH93"/>
          <ticker value="VTLE"/>
        </identifiers>
        <balance>75000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>66235.07</valUSD>
        <pctVal>0.0461886977</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.750000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ORLEN S.A.</name>
        <lei>N/A</lei>
        <title>ORLEN SA COMMON STOCK PLN1.25</title>
        <cusip>581006905</cusip>
        <identifiers>
          <isin value="PLPKN0000018"/>
          <ticker value="PKN PW"/>
        </identifiers>
        <balance>19937</balance>
        <units>NS</units>
        <currencyConditional curCd="PLN" exchangeRt="3.60435"/>
        <valUSD>454393.56</valUSD>
        <pctVal>0.3168690965</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Piedmont Operating Partnership LP</name>
        <lei>549300WKGDPAS39FBD10</lei>
        <title>PIEDMONT OPERATING PARTNERSHIP COMPANY GUAR 07/29 6.875</title>
        <cusip>720198AJ9</cusip>
        <identifiers>
          <isin value="US720198AJ95"/>
          <ticker value="PDM"/>
        </identifiers>
        <balance>150000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>157991.95</valUSD>
        <pctVal>0.1101749031</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.875000000000</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>Snam S.p.A.</name>
        <lei>N/A</lei>
        <title>SNAM SPA COMMON STOCK</title>
        <cusip>725147904</cusip>
        <identifiers>
          <isin value="IT0003153415"/>
          <ticker value="SRG IM"/>
        </identifiers>
        <balance>22505</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>136238.29</valUSD>
        <pctVal>0.0950050962</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Planet Financial Group LLC</name>
        <lei>N/A</lei>
        <title>PLANET FINANCIAL GROUP LLC COMPANY GUAR 144A 12/29 10.5</title>
        <cusip>72702AAA5</cusip>
        <identifiers>
          <isin value="US72702AAA51"/>
          <ticker value="PLNFIN"/>
        </identifiers>
        <balance>60000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>60057</valUSD>
        <pctVal>0.0418804512</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>10.500000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SM Energy Company</name>
        <lei>84BUTVXV5ODI6BXNMH43</lei>
        <title>SM ENERGY CO SR UNSECURED 144A 08/32 7</title>
        <cusip>78454LAY6</cusip>
        <identifiers>
          <isin value="US78454LAY65"/>
          <ticker value="SM"/>
        </identifiers>
        <balance>115000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>113320.15</valUSD>
        <pctVal>0.0790232448</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.000000000000</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>SANTANDER BANK AUTO CREDIT-LIN SBCLN 2024 A F 144A</name>
        <lei>N/A</lei>
        <title>SANTANDER BANK AUTO CREDIT-LIN SBCLN 2024 A F 144A</title>
        <cusip>80290CCN2</cusip>
        <identifiers>
          <isin value="US80290CCN20"/>
          <ticker value="SBCLN"/>
        </identifiers>
        <balance>682032.23</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>692974.35</valUSD>
        <pctVal>0.4832422277</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>10.171000000000</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>Publichnoe Aktcionernoe Obshchestvo Sberbank Rossii</name>
        <lei>549300WE6TAF5EEWQS81</lei>
        <title>SBERBANK OF RUSSIA PJSC ADR</title>
        <cusip>80585Y308</cusip>
        <identifiers>
          <isin value="US80585Y3080"/>
          <ticker value="SBRCY US"/>
        </identifiers>
        <balance>3353</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>0</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mativ Holdings Inc.</name>
        <lei>549300Z1FU4IDULG1R21</lei>
        <title>MATIV HOLDINGS INC COMPANY GUAR 144A 10/29 8</title>
        <cusip>808541AC0</cusip>
        <identifiers>
          <isin value="US808541AC08"/>
          <ticker value="MATV"/>
        </identifiers>
        <balance>75000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>67955.74</valUSD>
        <pctVal>0.0473885984</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tenet Healthcare Corporation</name>
        <lei>0W9AIBT6U6ADJ2I8HK17</lei>
        <title>TENET HEALTHCARE CORP SR SECURED 06/28 4.625</title>
        <cusip>88033GDH0</cusip>
        <identifiers>
          <isin value="US88033GDH02"/>
          <ticker value="THC"/>
        </identifiers>
        <balance>150000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>148119.2</valUSD>
        <pctVal>0.1032901898</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.625000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tenet Healthcare Corporation</name>
        <lei>0W9AIBT6U6ADJ2I8HK17</lei>
        <title>TENET HEALTHCARE CORP SR SECURED 06/30 6.125</title>
        <cusip>88033GDQ0</cusip>
        <identifiers>
          <isin value="US88033GDQ01"/>
          <ticker value="THC"/>
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        <balance>50000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>50869.21</valUSD>
        <pctVal>0.0354733914</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.125000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TEXAS COMMERCIAL MORTGAGE TRUS TEXAS 2025 TWR D 144A</name>
        <lei>N/A</lei>
        <title>TEXAS COMMERCIAL MORTGAGE TRUS TEXAS 2025 TWR D 144A</title>
        <cusip>88231WAG0</cusip>
        <identifiers>
          <isin value="US88231WAG06"/>
          <ticker value="TEXAS"/>
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        <balance>255000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>255318.24</valUSD>
        <pctVal>0.1780449090</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-04-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.402360000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Texas Instruments Incorporated</name>
        <lei>WDJNR2L6D8RWOEB8T652</lei>
        <title>TEXAS INSTRUMENTS INC COMMON STOCK USD1.0</title>
        <cusip>882508104</cusip>
        <identifiers>
          <isin value="US8825081040"/>
          <ticker value="TXN US"/>
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        <balance>4588</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>952560.56</valUSD>
        <pctVal>0.6642633844</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CDS HSBC HOLDINGS plc P 100 20300620</name>
        <lei>N/A</lei>
        <title>CDS HSBC HOLDINGS plc P 100 20300620</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Custodian Identifier" value="99D10NIX5"/>
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        <balance>191000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>-1130.48</valUSD>
        <pctVal>-0.0007883346</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>Intercontinental Exchange</counterpartyName>
              <counterpartyLei>5493000F4ZO33MV32P92</counterpartyLei>
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            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>HSBC Holdings PLC</issuerName>
                <issueTitle>HSBC Holdings PLC</issueTitle>
                <identifiers>
                  <isin value="US404280AF65"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <otherRecDesc fixedOrFloating="Other">Buying protection on reference asset</otherRecDesc>
            <fixedPmntDesc amount="68.75" curCd="USD" fixedOrFloating="Fixed" fixedRt="1.000000000000"/>
            <terminationDt>2030-06-20</terminationDt>
            <upfrontPmnt>0.000000000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>476.640000000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>191000</notionalAmt>
            <curCd>EUR</curCd>
            <unrealizedAppr>-653.84</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CDS VOLKSWAGEN AKTIENGESELLSCHAFT P 100 20300620</name>
        <lei>N/A</lei>
        <title>CDS VOLKSWAGEN AKTIENGESELLSCHAFT P 100 20300620</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Custodian Identifier" value="99D10MSI9"/>
        </identifiers>
        <balance>97000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.848932"/>
        <valUSD>1130.95</valUSD>
        <pctVal>0.0007886624</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>Intercontinental Exchange</counterpartyName>
              <counterpartyLei>5493000F4ZO33MV32P92</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Volkswagen AG</issuerName>
                <issueTitle>Volkswagen AG</issueTitle>
                <identifiers>
                  <isin value="XS2604697891"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <otherRecDesc fixedOrFloating="Other">Buying protection on reference asset</otherRecDesc>
            <fixedPmntDesc amount="34.91" curCd="USD" fixedOrFloating="Fixed" fixedRt="1.000000000000"/>
            <terminationDt>2030-06-20</terminationDt>
            <upfrontPmnt>760.890000000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.000000000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>97000</notionalAmt>
            <curCd>EUR</curCd>
            <unrealizedAppr>370.06</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Returns are reported without deduction of sales loads and redemption fees, if applicable." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2025-07-30</ncom:dateSigned>
      <ncom:nameOfApplicant>John Hancock Diversified Income Fund</ncom:nameOfApplicant>
      <ncom:signature>/s/Salvatore Schiavone</ncom:signature>
      <ncom:signerName>Salvatore Schiavone</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
