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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </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"/>
        </identifiers>
        <balance>10796</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64"/>
        <valUSD>253457.79</valUSD>
        <pctVal>0.1723102741</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>Fresnillo plc</name>
        <lei>549300JXWH1UV5J0XV81</lei>
        <title>FRESNILLO PLC COMMON STOCK USD.5</title>
        <cusip>B2QPKJ909</cusip>
        <identifiers>
          <isin value="GB00B2QPKJ12"/>
          <ticker value="FRES LN"/>
        </identifiers>
        <balance>4032</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.741867"/>
        <valUSD>179788.68</valUSD>
        <pctVal>0.1222272029</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </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"/>
        </identifiers>
        <balance>12804</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.7827"/>
        <valUSD>89714.76</valUSD>
        <pctVal>0.0609915161</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>Agricultural Bank of China Limited</name>
        <lei>549300E7TSGLCOVSY746</lei>
        <title>AGRICULTURAL BANK OF CHINA LTD COMMON STOCK CNY1.0</title>
        <cusip>B60LZR903</cusip>
        <identifiers>
          <isin value="CNE100000Q43"/>
          <ticker value="1288 HK"/>
        </identifiers>
        <balance>852087</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.7827"/>
        <valUSD>633887.5</valUSD>
        <pctVal>0.4309409029</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>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>40326</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="16.56"/>
        <valUSD>344842.59</valUSD>
        <pctVal>0.2344371471</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>
      <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>6164</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>988705.6</valUSD>
        <pctVal>0.6721597822</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>Phillips 66</name>
        <lei>N/A</lei>
        <title>PHILLIPS 66 COMMON STOCK</title>
        <cusip>718546104</cusip>
        <identifiers>
          <isin value="US7185461040"/>
          <ticker value="PSX US"/>
        </identifiers>
        <balance>1308</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>168784.32</valUSD>
        <pctVal>0.1147460192</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>Rockies Express Pipeline LLC</name>
        <lei>W2ZGZGZKY5GGNY6F3V51</lei>
        <title>ROCKIES EXPRESS PIPELINE LLC SR UNSECURED 144A 03/33 6.75</title>
        <cusip>77340RAU1</cusip>
        <identifiers>
          <isin value="US77340RAU14"/>
          <ticker value="ROCKIE"/>
        </identifiers>
        <balance>120000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>126638.42</valUSD>
        <pctVal>0.0860936287</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-03-15</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>Rogers Communications Inc.</name>
        <lei>N/A</lei>
        <title>ROGERS COMMUNICATIONS INC COMMON STOCK</title>
        <cusip>775109200</cusip>
        <identifiers>
          <isin value="CA7751092007"/>
          <ticker value="RCI/B CN"/>
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        <balance>17110</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.37255"/>
        <valUSD>645855.6</valUSD>
        <pctVal>0.4390772738</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>
        </securityLending>
      </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"/>
        </identifiers>
        <balance>119000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>113055.37</valUSD>
        <pctVal>0.0768593532</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>
        </securityLending>
      </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"/>
        </identifiers>
        <balance>22712</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>925059.76</valUSD>
        <pctVal>0.6288909123</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>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>80313</valUSD>
        <pctVal>0.0545998410</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>VMED 02 UK Financing I PLC</name>
        <lei>N/A</lei>
        <title>VMED O2 UK FINANCING I PLC SR SECURED 144A 01/33 6.75</title>
        <cusip>92858RAE0</cusip>
        <identifiers>
          <isin value="US92858RAE09"/>
          <ticker value="VMED"/>
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        <balance>200000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>198207.04</valUSD>
        <pctVal>0.1347487066</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-01-15</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>US 5YR NOTE CBT 0326</name>
        <lei>N/A</lei>
        <title>US 5YR NOTE CBT 0326</title>
        <cusip>ADI30KNN7</cusip>
        <identifiers>
          <isin value="US91282CNG23"/>
          <ticker value="FVH6"/>
        </identifiers>
        <balance>10</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-4361.66</valUSD>
        <pctVal>-0.0029652228</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
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              <counterpartyName>CHICAGO BOARD OF TRADE</counterpartyName>
              <counterpartyLei>549300EX04Q2QBFQTQ27</counterpartyLei>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>US 5yr 6%</issuerName>
                <issueTitle>US 5yr 6%</issueTitle>
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                  <other otherDesc="NOTIONAL BOND" value="US 5yr 6%"/>
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            <expDate>2026-03-31</expDate>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>US 2YR NOTE CBT 0326</name>
        <lei>N/A</lei>
        <title>US 2YR NOTE CBT 0326</title>
        <cusip>ADI30KNP2</cusip>
        <identifiers>
          <isin value="US91282CMB45"/>
          <ticker value="TUH6"/>
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        <balance>14</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-1767.78</valUSD>
        <pctVal>-0.0012018043</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>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>US 2yr 6%</issuerName>
                <issueTitle>US 2yr 6%</issueTitle>
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                  <other otherDesc="NOTIONAL BOND" value="US 2yr 6%"/>
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            <expDate>2026-03-31</expDate>
            <notionalAmt>2924814.650000000000</notionalAmt>
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        <securityLending>
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      </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"/>
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        <balance>530270.77</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>531496.28</valUSD>
        <pctVal>0.3613314457</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>9.438100000000</annualizedRt>
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          <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>Aktiebolaget Volvo</name>
        <lei>549300HGV012CNC8JD22</lei>
        <title>VOLVO AB COMMON STOCK SEK1.26</title>
        <cusip>928856301</cusip>
        <identifiers>
          <isin value="SE0000115446"/>
          <ticker value="VOLVB SS"/>
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        <currencyConditional curCd="SEK" exchangeRt="9.2065"/>
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        <pctVal>0.1115747442</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>US 10YR ULTRA FUT 0326</name>
        <lei>N/A</lei>
        <title>US 10YR ULTRA FUT 0326</title>
        <cusip>ADI30KQQ7</cusip>
        <identifiers>
          <isin value="US91282CNT44"/>
          <ticker value="UXYH6"/>
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        <balance>1</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-298.29</valUSD>
        <pctVal>-0.0002027889</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
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              <counterpartyName>CHICAGO BOARD OF TRADE</counterpartyName>
              <counterpartyLei>549300EX04Q2QBFQTQ27</counterpartyLei>
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            <payOffProf>Long</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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            <curCd>USD</curCd>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LONG GILT FUTURE 0326</name>
        <lei>N/A</lei>
        <title>LONG GILT FUTURE 0326</title>
        <cusip>ADI30KQR5</cusip>
        <identifiers>
          <isin value="GB00N0Y66697"/>
          <ticker value="G H6"/>
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        <name>W.P. Carey Inc.</name>
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        <name>LUXCO3 SHARES COMMON STOCK</name>
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        <name>Wells Fargo and Company</name>
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        <name>MSCI EMGMKT 0326</name>
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              <counterpartyName>ICE FUTURES U.S.</counterpartyName>
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            <payOffProf>Short</payOffProf>
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        <name>MSCI EAFE 0326</name>
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        <cusip>ADI2VCBR7</cusip>
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          <isin value="BBG01FZG1KL2"/>
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              <counterpartyName>ICE FUTURES U.S.</counterpartyName>
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        <name>EURO-BOBL FUTURE 0326</name>
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              <counterpartyName>EUREX ZURICH</counterpartyName>
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                <issuerName>Euro-bobl 5yr 6%</issuerName>
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        <name>Chugai Pharmaceutical Co. Ltd.</name>
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        <name>Infosys Limited</name>
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        <name>Rio Tinto Limited</name>
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        <name>Australian Pipeline Limited</name>
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        <name>Medline Borrower LP</name>
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        <name>Delta Electronics Inc.</name>
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        <name>Otsuka Corporation</name>
        <lei>N/A</lei>
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        <name>Gold Fields Limited</name>
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        <name>NCL Corporation Ltd.</name>
        <lei>UNZWILHE4KMRP9K2L524</lei>
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        <name>NCL Corporation Ltd.</name>
        <lei>UNZWILHE4KMRP9K2L524</lei>
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            <dbtSecRefInstrument>
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              <title>NCL Corp., Ltd.</title>
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                <isin value="BMG667211046"/>
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      <invstOrSec>
        <name>Elite Material Co. Ltd.</name>
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          <isin value="TW0002383007"/>
          <ticker value="2383 TT"/>
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          <isLoanByFund>N</isLoanByFund>
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      <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>
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          <isin value="XS2942371274"/>
          <ticker value="BMELN"/>
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        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.741867"/>
        <valUSD>232124.28</valUSD>
        <pctVal>0.1578069402</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>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="0.850919"/>
        <valUSD>308239.42</valUSD>
        <pctVal>0.2095529159</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>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>198187.5</valUSD>
        <pctVal>0.1347354226</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="0.850919"/>
        <valUSD>123478.51</valUSD>
        <pctVal>0.0839454013</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"/>
        </identifiers>
        <balance>125000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.850919"/>
        <valUSD>147906.1</valUSD>
        <pctVal>0.1005522088</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>5.526000000000</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="0.850919"/>
        <valUSD>182285.05</valUSD>
        <pctVal>0.1239243305</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>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="0.741867"/>
        <valUSD>135550.23</valUSD>
        <pctVal>0.0921522171</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>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="0.850919"/>
        <valUSD>181025.47</valUSD>
        <pctVal>0.1230680199</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>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="0.850919"/>
        <valUSD>122161.7</valUSD>
        <pctVal>0.0830501837</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>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="0.741867"/>
        <valUSD>143966.51</valUSD>
        <pctVal>0.0978739253</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>
        </debtSec>
        <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="0.741867"/>
        <valUSD>156194.14</valUSD>
        <pctVal>0.1061867346</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>
        </debtSec>
        <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"/>
        </identifiers>
        <balance>100000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.850919"/>
        <valUSD>122330.14</valUSD>
        <pctVal>0.0831646956</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>
        </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="0.850919"/>
        <valUSD>117434.3</valUSD>
        <pctVal>0.0798363168</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>
        </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 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="0.850919"/>
        <valUSD>115208.64</valUSD>
        <pctVal>0.0783232282</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>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <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"/>
        </identifiers>
        <balance>50000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>52477.7</valUSD>
        <pctVal>0.0356763423</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>
          <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 04/29 4.65</title>
        <cusip>44409MAB2</cusip>
        <identifiers>
          <isin value="US44409MAB28"/>
          <ticker value="HPP"/>
        </identifiers>
        <balance>220000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>203360.3</valUSD>
        <pctVal>0.1382520894</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>4.650000000000</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>21098.18</valUSD>
        <pctVal>0.0143433476</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>49249.64</valUSD>
        <pctVal>0.0334817840</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>Mexico Government International Bond</name>
        <lei>N/A</lei>
        <title>MEXICO GOVERNMENT INTERNATIONA SR UNSECURED 03/34 4.5</title>
        <cusip>91087BBN9</cusip>
        <identifiers>
          <isin value="XS3185370973"/>
          <ticker value="MEX"/>
        </identifiers>
        <balance>130000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.850919"/>
        <valUSD>152169.35</valUSD>
        <pctVal>0.1034505288</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-03-19</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>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"/>
        </identifiers>
        <balance>75000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>76028.5</valUSD>
        <pctVal>0.0516870745</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>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </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"/>
        </identifiers>
        <balance>50000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>52083.65</valUSD>
        <pctVal>0.0354084521</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>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VZ Secured Financing B.V.</name>
        <lei>N/A</lei>
        <title>VZ SECURED FINANCING BV SR SECURED 144A 01/33 7.5</title>
        <cusip>91845AAB1</cusip>
        <identifiers>
          <isin value="US91845AAB17"/>
          <ticker value="ZIGGO"/>
        </identifiers>
        <balance>200000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>202605.56</valUSD>
        <pctVal>0.1377389883</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.500000000000</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>Hewlett Packard Enterprise Company</name>
        <lei>549300BX44RGX6ANDV88</lei>
        <title>HEWLETT PACKARD ENTERPRISE CO COMMON STOCK USD.01</title>
        <cusip>42824C109</cusip>
        <identifiers>
          <isin value="US42824C1099"/>
          <ticker value="HPE US"/>
        </identifiers>
        <balance>14066</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>337865.32</valUSD>
        <pctVal>0.2296937328</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>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"/>
        </identifiers>
        <balance>150000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>158891.7</valUSD>
        <pctVal>0.1080206388</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <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"/>
        </identifiers>
        <balance>653</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>224697.3</valUSD>
        <pctVal>0.1527577959</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>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"/>
        </identifiers>
        <balance>100000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>84732.97</valUSD>
        <pctVal>0.0576047052</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>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </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"/>
        </identifiers>
        <balance>50000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>43338.8</valUSD>
        <pctVal>0.0294633694</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>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <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"/>
        </identifiers>
        <balance>50000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>52496.26</valUSD>
        <pctVal>0.0356889601</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>7.250000000000</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>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>275000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>283618.56</valUSD>
        <pctVal>0.1928147160</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-06-11</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>6262</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1430804.38</valUSD>
        <pctVal>0.9727153972</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>Ardagh Group S.A.</name>
        <lei>N/A</lei>
        <title>ARDAGH GROUP SA SR SECURED 144A 12/30 9.5</title>
        <cusip>039959AA9</cusip>
        <identifiers>
          <isin value="US039959AA98"/>
          <ticker value="ARGID"/>
        </identifiers>
        <balance>59716</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>64769.04</valUSD>
        <pctVal>0.0440324641</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.500000000000</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>The Bank of Nova Scotia</name>
        <lei>L3I9ZG2KFGXZ61BMYR72</lei>
        <title>BANK OF NOVA SCOTIA/THE COMMON STOCK</title>
        <cusip>064149107</cusip>
        <identifiers>
          <isin value="CA0641491075"/>
          <ticker value="BNS CN"/>
        </identifiers>
        <balance>9442</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.37255"/>
        <valUSD>696378.03</valUSD>
        <pctVal>0.4734243489</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>
        </securityLending>
      </invstOrSec>
      <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"/>
        </identifiers>
        <balance>6248</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.498464"/>
        <valUSD>73345.78</valUSD>
        <pctVal>0.0498632591</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>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"/>
        </identifiers>
        <balance>5606</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64"/>
        <valUSD>204588.48</valUSD>
        <pctVal>0.1390870530</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>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"/>
        </identifiers>
        <balance>62275</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="16.56"/>
        <valUSD>341266.39</valUSD>
        <pctVal>0.2320059099</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>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"/>
        </identifiers>
        <balance>3729</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64"/>
        <valUSD>77070.78</valUSD>
        <pctVal>0.0523956562</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>NEC Corporation</name>
        <lei>5493000QYMPFRTEY4K28</lei>
        <title>NEC CORP COMMON STOCK</title>
        <cusip>664040003</cusip>
        <identifiers>
          <isin value="JP3733000008"/>
          <ticker value="6701 JP"/>
        </identifiers>
        <balance>1759</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64"/>
        <valUSD>59516.62</valUSD>
        <pctVal>0.0404616686</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>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"/>
        </identifiers>
        <balance>9428</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>256347.32</valUSD>
        <pctVal>0.1742746868</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>Apple Inc.</name>
        <lei>HWUPKR0MPOU8FGXBT394</lei>
        <title>APPLE INC COMMON STOCK USD.00001</title>
        <cusip>037833100</cusip>
        <identifiers>
          <isin value="US0378331005"/>
          <ticker value="AAPL US"/>
        </identifiers>
        <balance>2265</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>615762.9</valUSD>
        <pctVal>0.4186191084</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>
        <identifiers>
          <isin value="US03990B1017"/>
          <ticker value="ARES US"/>
        </identifiers>
        <balance>2138</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>345564.94</valUSD>
        <pctVal>0.2349282282</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>WarnerMedia Holdings Inc.</name>
        <lei>N/A</lei>
        <title>WARNERMEDIA HOLDINGS INC COMPANY GUAR 03/42 5.05</title>
        <cusip>55903VBW2</cusip>
        <identifiers>
          <isin value="US55903VBW28"/>
          <ticker value="WBD"/>
        </identifiers>
        <balance>100000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>70375</valUSD>
        <pctVal>0.0478436095</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.050000000000</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>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>188987.25</valUSD>
        <pctVal>0.1284807417</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>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MakeMyTrip Limited</name>
        <lei>N/A</lei>
        <title>MAKEMYTRIP LTD SR UNSECURED 144A 07/30 0.0000</title>
        <cusip>56087FAC8</cusip>
        <identifiers>
          <isin value="US56087FAC86"/>
          <ticker value="MMYT"/>
        </identifiers>
        <balance>75000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>73425</valUSD>
        <pctVal>0.0499171159</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>N</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>MakeMyTrip Ltd.</name>
              <title>MakeMyTrip Ltd.</title>
              <curCd>USD</curCd>
              <identifiers>
                <isin value="MU0295S00016"/>
                <ticker value="MMYT"/>
                <other otherDesc="BLOOMBERG" value="EQ0000000010672479"/>
              </identifiers>
            </dbtSecRefInstrument>
          </dbtSecRefInstruments>
          <currencyInfos>
            <currencyInfo convRatio="8.230500000000" curCd="USD"/>
          </currencyInfos>
          <delta>XXXX</delta>
        </debtSec>
        <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"/>
        </identifiers>
        <balance>2500</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.850919"/>
        <valUSD>241887.9</valUSD>
        <pctVal>0.1644446215</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>Siemens Aktiengesellschaft</name>
        <lei>W38RGI023J3WT1HWRP32</lei>
        <title>SIEMENS AG COMMON STOCK</title>
        <cusip>572797900</cusip>
        <identifiers>
          <isin value="DE0007236101"/>
          <ticker value="SIE GR"/>
        </identifiers>
        <balance>2411</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.850919"/>
        <valUSD>675264.12</valUSD>
        <pctVal>0.4590703075</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>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"/>
        </identifiers>
        <balance>912</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>77501.76</valUSD>
        <pctVal>0.0526886528</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>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="0.850919"/>
        <valUSD>141405.56</valUSD>
        <pctVal>0.0961328938</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>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="0.850919"/>
        <valUSD>176357.31</valUSD>
        <pctVal>0.1198944267</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>
        </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="0.850919"/>
        <valUSD>118340.69</valUSD>
        <pctVal>0.0804525153</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>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="0.741867"/>
        <valUSD>143184.29</valUSD>
        <pctVal>0.0973421423</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.375000000000</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>UniCredit S.p.A.</name>
        <lei>549300TRUWO2CD2G5692</lei>
        <title>UNICREDIT SPA COMMON STOCK</title>
        <cusip>BYMXPS901</cusip>
        <identifiers>
          <isin value="IT0005239360"/>
          <ticker value="UCG IM"/>
        </identifiers>
        <balance>3410</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.850919"/>
        <valUSD>282439.02</valUSD>
        <pctVal>0.1920128198</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>TK Elevator 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"/>
        </identifiers>
        <balance>125000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.850919"/>
        <valUSD>148042.88</valUSD>
        <pctVal>0.1006451971</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>5.121</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>Ardagh Group S.A.</name>
        <lei>N/A</lei>
        <title>ARDAGH GROUP SA SECURED 144A 12/30 12</title>
        <cusip>DA3732660</cusip>
        <identifiers>
          <isin value="XS3215484315"/>
          <ticker value="ARGID"/>
        </identifiers>
        <balance>100000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.850919"/>
        <valUSD>107653.33</valUSD>
        <pctVal>0.0731868403</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>12.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>Y</isPaidKind>
        </debtSec>
        <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 11/34 5.75</title>
        <cusip>DA6782860</cusip>
        <identifiers>
          <isin value="XS3239891339"/>
          <ticker value="COLOM"/>
        </identifiers>
        <balance>125000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.850919"/>
        <valUSD>142107.29</valUSD>
        <pctVal>0.0966099566</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-11-26</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>Colombia Government International Bond</name>
        <lei>N/A</lei>
        <title>COLOMBIA GOVERNMENT INTERNATIO SR UNSECURED 11/38 6.5</title>
        <cusip>DA6782878</cusip>
        <identifiers>
          <isin value="XS3239891503"/>
          <ticker value="COLOM"/>
        </identifiers>
        <balance>125000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.850919"/>
        <valUSD>141803.4</valUSD>
        <pctVal>0.0964033606</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-11-26</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>
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      </invstOrSec>
      <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>2214</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>594016.2</valUSD>
        <pctVal>0.4038348722</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>
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      <invstOrSec>
        <name>Eaton Corporation Public Limited Company</name>
        <lei>549300VDIGTMXUNT7H71</lei>
        <title>EATON CORP PLC COMMON STOCK USD.01</title>
        <cusip>G29183103</cusip>
        <identifiers>
          <isin value="IE00B8KQN827"/>
          <ticker value="ETN US"/>
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        <balance>238</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>75805.38</valUSD>
        <pctVal>0.0515353890</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>
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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"/>
        </identifiers>
        <balance>1161</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>319727.79</valUSD>
        <pctVal>0.2173631480</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>Connecticut Avenue Securities Trust 2022-R06</name>
        <lei>N/A</lei>
        <title>CONNECTICUT AVENUE SECURITIES CAS 2022 R06 1B2 144A</title>
        <cusip>20754NAR6</cusip>
        <identifiers>
          <isin value="US20754NAR61"/>
          <ticker value="CAS"/>
        </identifiers>
        <balance>500000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>557732.2</valUSD>
        <pctVal>0.3791676249</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-05-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>14.474190000000</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>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>505880.21</valUSD>
        <pctVal>0.3439166641</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>9.874190000000</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>Corning Incorporated</name>
        <lei>549300X2937PB0CJ7I56</lei>
        <title>CORNING INC COMMON STOCK USD.5</title>
        <cusip>219350105</cusip>
        <identifiers>
          <isin value="US2193501051"/>
          <ticker value="GLW US"/>
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        <balance>1474</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>129063.44</valUSD>
        <pctVal>0.0877422498</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>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>40000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>38447.18</valUSD>
        <pctVal>0.0261378596</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>
        <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>104515.88</valUSD>
        <pctVal>0.0710538821</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>50098.62</valUSD>
        <pctVal>0.0340589529</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>
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      <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"/>
        </identifiers>
        <balance>150000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>146856.23</valUSD>
        <pctVal>0.0998384672</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>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>571</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>88339.41</valUSD>
        <pctVal>0.0600565007</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>DIRECTV FINANCING LLC / DIRECT SR SECURED 144A 02/31 10</name>
        <lei>N/A</lei>
        <title>DIRECTV FINANCING LLC / DIRECT SR SECURED 144A 02/31 10</title>
        <cusip>25461LAD4</cusip>
        <identifiers>
          <isin value="US25461LAD47"/>
          <ticker value="DTV"/>
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        <balance>69000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>70521.57</valUSD>
        <pctVal>0.0479432534</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>10.000000000000</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>Gilead Sciences Inc.</name>
        <lei>549300WTZWR07K8MNV44</lei>
        <title>GILEAD SCIENCES INC COMMON STOCK USD.001</title>
        <cusip>375558103</cusip>
        <identifiers>
          <isin value="US3755581036"/>
          <ticker value="GILD US"/>
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        <balance>2425</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>297644.5</valUSD>
        <pctVal>0.2023500851</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>goeasy Ltd.</name>
        <lei>5493009DJVZG2P8YV435</lei>
        <title>GOEASY LTD COMPANY GUAR 144A 02/31 6.875</title>
        <cusip>380355AR8</cusip>
        <identifiers>
          <isin value="US380355AR89"/>
          <ticker value="GSYCN"/>
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        <balance>90000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>84185.05</valUSD>
        <pctVal>0.0572322083</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Graham Holdings Company</name>
        <lei>N/A</lei>
        <title>GRAHAM HOLDINGS CO COMPANY GUAR 144A 12/33 5.625</title>
        <cusip>384637AC8</cusip>
        <identifiers>
          <isin value="US384637AC88"/>
          <ticker value="GHC"/>
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        <balance>285000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>287741.13</valUSD>
        <pctVal>0.1956173964</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.625000000000</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>
      <invstOrSec>
        <name>AGL CLO 16 Ltd.</name>
        <lei>N/A</lei>
        <title>AGL CLO 16 LTD AGL 2021 16A ER 144A</title>
        <cusip>00120MAC0</cusip>
        <identifiers>
          <isin value="US00120MAC01"/>
          <ticker value="AGL"/>
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        <balance>495000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>456060.33</valUSD>
        <pctVal>0.3100472093</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-01-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.534440000000</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>ATandT Inc.</name>
        <lei>549300Z40J86GGSTL398</lei>
        <title>ATandT INC COMMON STOCK USD1.0</title>
        <cusip>00206R102</cusip>
        <identifiers>
          <isin value="US00206R1023"/>
          <ticker value="T US"/>
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        <balance>5768</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>143277.12</valUSD>
        <pctVal>0.0974052516</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>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"/>
        </identifiers>
        <balance>75000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>76117.2</valUSD>
        <pctVal>0.0517473761</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>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <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"/>
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        <balance>6152</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64"/>
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        <pctVal>0.0678834569</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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      <invstOrSec>
        <name>Sekisui House Ltd.</name>
        <lei>N/A</lei>
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        <assetCat>EC</assetCat>
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      <invstOrSec>
        <name>Hulic Co.Ltd.</name>
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          <isin value="JP3360800001"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
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      <invstOrSec>
        <name>Omnicom Group Inc.</name>
        <lei>HKUPACFHSSASQK8HLS17</lei>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Palmer Square CLO 2018-1 Ltd.</name>
        <lei>N/A</lei>
        <title>PALMER SQUARE CLO 2018-1 LTD PLMRS 2018 1A DR 144A</title>
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        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <maturityDt>2037-04-18</maturityDt>
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      <invstOrSec>
        <name>Yokogawa Electric Corporation</name>
        <lei>N/A</lei>
        <title>YOKOGAWA ELECTRIC CORP COMMON STOCK</title>
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          <isin value="JP3955000009"/>
          <ticker value="6841 JP"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
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      <invstOrSec>
        <name>Paychex Inc.</name>
        <lei>N/A</lei>
        <title>PAYCHEX INC COMMON STOCK USD.01</title>
        <cusip>704326107</cusip>
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          <isin value="US7043261079"/>
          <ticker value="PAYX US"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <name>RFR TRUST 2025-SGRM RFR 2025 SGRM E 144A</name>
        <lei>N/A</lei>
        <title>RFR TRUST 2025-SGRM RFR 2025 SGRM E 144A</title>
        <cusip>74984NAL8</cusip>
        <identifiers>
          <isin value="US74984NAL82"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>RAD CLO 12 LTD RAD 2021 12A DR 144A</name>
        <lei>N/A</lei>
        <title>RAD CLO 12 LTD RAD 2021 12A DR 144A</title>
        <cusip>75009QAG0</cusip>
        <identifiers>
          <isin value="US75009QAG01"/>
          <ticker value="RAD"/>
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        <balance>555000</balance>
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        <curCd>USD</curCd>
        <valUSD>554912.87</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-07-30</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>RCO IX MORTGAGE LLC 2025-2 RCO 2025 2 A2 144A</name>
        <lei>N/A</lei>
        <title>RCO IX MORTGAGE LLC 2025-2 RCO 2025 2 A2 144A</title>
        <cusip>754930AB1</cusip>
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          <isin value="US754930AB12"/>
          <ticker value="RCO"/>
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        <valUSD>206146.18</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <maturityDt>2030-04-25</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>RTX Corporation</name>
        <lei>I07WOS4YJ0N7YRFE7309</lei>
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          <ticker value="RTX US"/>
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        <curCd>USD</curCd>
        <valUSD>266847</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>Tronox Incorporated</name>
        <lei>N/A</lei>
        <title>TRONOX INC SR SECURED 144A 09/30 9.125</title>
        <cusip>897051AD0</cusip>
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          <isin value="US897051AD02"/>
          <ticker value="TROX"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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          <maturityDt>2030-09-30</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>U.S. Bancorp</name>
        <lei>N1GZ7BBF3NP8GI976H15</lei>
        <title>US BANCORP COMMON STOCK USD.01</title>
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          <ticker value="USB US"/>
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        <valUSD>274590.56</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <name>Sunrise FinCo I B.V.</name>
        <lei>N/A</lei>
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        <cusip>90320BAA7</cusip>
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          <isin value="US90320BAA70"/>
          <ticker value="SUNN"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Exxon Mobil Corporation</name>
        <lei>J3WHBG0MTS7O8ZVMDC91</lei>
        <title>EXXON MOBIL CORP COMMON STOCK</title>
        <cusip>30231G102</cusip>
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          <ticker value="XOM US"/>
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        <assetCat>EC</assetCat>
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        <name>FMG Resources (August 2006) Pty Ltd</name>
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        <title>FORTESCUE TREASURY PTY LTD COMPANY GUAR 144A 04/30 5.875</title>
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        <invCountry>AU</invCountry>
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          <couponKind>Fixed</couponKind>
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        <name>Fairfax Financial Holdings Limited</name>
        <lei>GLS7OQD0WOEDI8YAP031</lei>
        <title>FAIRFAX FINANCIAL HOLDINGS LTD COMMON STOCK</title>
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          <ticker value="FFH CN"/>
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        <invCountry>CA</invCountry>
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        <name>Forvia SE</name>
        <lei>N/A</lei>
        <title>FORVIA SE SR UNSECURED 144A 06/30 8</title>
        <cusip>31209DAA3</cusip>
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        <name>FREDDIE MAC MULTIFAMILY STRUCT FHMS K759 X3</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FREDDIE MAC MULTIFAMILY STRUCT FHMS K759 X3</title>
        <cusip>3137HJZV2</cusip>
        <identifiers>
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          <ticker value="FHMS"/>
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        <valUSD>493543.36</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>Freddie Mac STACR REMIC Trust 2022-DNA1</name>
        <lei>N/A</lei>
        <title>FREDDIE MAC STACR REMIC TRUST STACR 2022 DNA1 B2 144A</title>
        <cusip>35564KQZ5</cusip>
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          <isin value="US35564KQZ56"/>
          <ticker value="STACR"/>
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        <curCd>USD</curCd>
        <valUSD>342131.3</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-01-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.974190000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      </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>574820</valUSD>
        <pctVal>0.3907845632</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>13.124190000000</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>eircom Finance Designated Activity Company</name>
        <lei>N/A</lei>
        <title>EIRCOM FINANCE DAC SR SECURED REGS 04/31 5</title>
        <cusip>YO0380494</cusip>
        <identifiers>
          <isin value="XS3028067729"/>
          <ticker value="EIRCOM"/>
        </identifiers>
        <balance>200000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.850919"/>
        <valUSD>238826.28</valUSD>
        <pctVal>0.1623632154</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</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>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="0.850919"/>
        <valUSD>123745.76</valUSD>
        <pctVal>0.0841270881</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>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sacyr S.A.</name>
        <lei>N/A</lei>
        <title>SACYR SA SR UNSECURED REGS 05/30 4.75</title>
        <cusip>YO3085827</cusip>
        <identifiers>
          <isin value="XS3071337847"/>
          <ticker value="SCYRSM"/>
        </identifiers>
        <balance>100000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.850919"/>
        <valUSD>120665.61</valUSD>
        <pctVal>0.0820330846</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-29</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.750000000000</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>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="0.741867"/>
        <valUSD>157810.07</valUSD>
        <pctVal>0.1072853054</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>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="0.850919"/>
        <valUSD>122561.54</valUSD>
        <pctVal>0.0833220101</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>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </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="0.850919"/>
        <valUSD>182879.98</valUSD>
        <pctVal>0.1243287866</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>
        </debtSec>
        <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="0.850919"/>
        <valUSD>147361.53</valUSD>
        <pctVal>0.1001819894</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>
        </debtSec>
        <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="0.850919"/>
        <valUSD>121285.33</valUSD>
        <pctVal>0.0824543939</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>
        </debtSec>
        <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="0.850919"/>
        <valUSD>118879.71</valUSD>
        <pctVal>0.0808189617</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>5.641000000000</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="0.850919"/>
        <valUSD>242987.25</valUSD>
        <pctVal>0.1651920016</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>Iliad Holding</name>
        <lei>N/A</lei>
        <title>ILIAD HOLDING SAS SR SECURED REGS 04/31 6.875</title>
        <cusip>ZB7801333</cusip>
        <identifiers>
          <isin value="XS2810807094"/>
          <ticker value="ILIADH"/>
        </identifiers>
        <balance>100000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.850919"/>
        <valUSD>125314.1</valUSD>
        <pctVal>0.0851933054</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="0.850919"/>
        <valUSD>182712.7</valUSD>
        <pctVal>0.1242150632</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>Postal Savings Bank of China Co. Ltd.</name>
        <lei>N/A</lei>
        <title>POSTAL SAVINGS BANK OF CHINA C COMMON STOCK CNY1.0</title>
        <cusip>BL61XF906</cusip>
        <identifiers>
          <isin value="CNE100003PZ4"/>
          <ticker value="601658 C1"/>
        </identifiers>
        <balance>815600</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.98815"/>
        <valUSD>636299.07</valUSD>
        <pctVal>0.4325803801</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>Atlas Copco AB</name>
        <lei>N/A</lei>
        <title>ATLAS COPCO AB COMMON STOCK SEK.639</title>
        <cusip>BLDBN5909</cusip>
        <identifiers>
          <isin value="SE0017486897"/>
          <ticker value="ATCOB SS"/>
        </identifiers>
        <balance>5057</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.2065"/>
        <valUSD>80844.77</valUSD>
        <pctVal>0.0549613586</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ARDAGH METAL PACKAGING FINANCE SR UNSECURED REGS 09/29 3</name>
        <lei>N/A</lei>
        <title>ARDAGH METAL PACKAGING FINANCE SR UNSECURED REGS 09/29 3</title>
        <cusip>BO2884316</cusip>
        <identifiers>
          <isin value="XS2310511717"/>
          <ticker value="AMPBEV"/>
        </identifiers>
        <balance>100000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.850919"/>
        <valUSD>111693.3</valUSD>
        <pctVal>0.0759333660</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.000000000000</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>Canary Wharf Group Investment Holdings PLC</name>
        <lei>N/A</lei>
        <title>CANARY WHARF GROUP INVESTMENT SR SECURED REGS 04/28 3.375</title>
        <cusip>BO8280592</cusip>
        <identifiers>
          <isin value="XS2327414731"/>
          <ticker value="CWHARF"/>
        </identifiers>
        <balance>100000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.741867"/>
        <valUSD>126778.61</valUSD>
        <pctVal>0.0861889352</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.375000000000</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>ALLIED UNIVERSAL HOLDCO LLC/AL SR SECURED REGS 06/28 4.875</name>
        <lei>N/A</lei>
        <title>ALLIED UNIVERSAL HOLDCO LLC/AL SR SECURED REGS 06/28 4.875</title>
        <cusip>BP3350785</cusip>
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          <isin value="XS2342058034"/>
          <ticker value="UNSEAM"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <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"/>
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        <balance>200000</balance>
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        <curCd>USD</curCd>
        <valUSD>134275.86</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-05-17</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.500000000000</annualizedRt>
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      <invstOrSec>
        <name>Novo Nordisk A/S</name>
        <lei>549300DAQ1CVT6CXN342</lei>
        <title>NOVO NORDISK A/S COMMON STOCK DKK.1</title>
        <cusip>BP6KMJ909</cusip>
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          <ticker value="NOVOB DC"/>
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        <balance>4258</balance>
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        <currencyConditional curCd="DKK" exchangeRt="6.35565"/>
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        <pctVal>0.1468173022</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
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      <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"/>
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        <balance>100000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.741867"/>
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        <pctVal>0.0901850306</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>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Schroders plc</name>
        <lei>N/A</lei>
        <title>SCHRODERS PLC COMMON STOCK GBP.2</title>
        <cusip>BP9LHF908</cusip>
        <identifiers>
          <isin value="GB00BP9LHF23"/>
          <ticker value="SDR LN"/>
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        <balance>47679</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.741867"/>
        <valUSD>260635.45</valUSD>
        <pctVal>0.1771899211</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>Aviva PLC</name>
        <lei>YF0Y5B0IB8SM0ZFG9G81</lei>
        <title>AVIVA PLC COMMON STOCK GBP.3289474</title>
        <cusip>BPQY8M906</cusip>
        <identifiers>
          <isin value="GB00BPQY8M80"/>
          <ticker value="AV/ LN"/>
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        <balance>13981</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.741867"/>
        <valUSD>128554.16</valUSD>
        <pctVal>0.0873960218</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>Rumo Luxembourg Sarl</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"/>
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        <balance>200000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>183080</valUSD>
        <pctVal>0.1244647678</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>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </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"/>
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        <balance>100000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.850919"/>
        <valUSD>116300.32</valUSD>
        <pctVal>0.0790653939</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>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Smurfit Westrock plc</name>
        <lei>N/A</lei>
        <title>SMURFIT WESTROCK PLC COMMON STOCK</title>
        <cusip>G8267P108</cusip>
        <identifiers>
          <isin value="IE00028FXN24"/>
          <ticker value="SW US"/>
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        <balance>3777</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>146056.59</valUSD>
        <pctVal>0.0992948414</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>TE Connectivity plc</name>
        <lei>N/A</lei>
        <title>TE CONNECTIVITY PLC COMMON STOCK USD.01</title>
        <cusip>G87052109</cusip>
        <identifiers>
          <isin value="IE000IVNQZ81"/>
          <ticker value="TEL US"/>
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        <balance>2658</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>604721.58</valUSD>
        <pctVal>0.4111127979</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>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>109336.15</valUSD>
        <pctVal>0.0743308855</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>
        </securityLending>
      </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>8982</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>388920.6</valUSD>
        <pctVal>0.2644030597</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>Altice France</name>
        <lei>5493001ZMCICV4N02J21</lei>
        <title>ALTICE SA SR SECURED 144A 10/31 5.5</title>
        <cusip>YK2666930</cusip>
        <identifiers>
          <isin value="XS3161792745"/>
          <ticker value="SFRFP"/>
        </identifiers>
        <balance>154020</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.850919"/>
        <valUSD>171783.26</valUSD>
        <pctVal>0.1167848130</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-10-15</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>Olympus Water US Holding Corporation</name>
        <lei>N/A</lei>
        <title>OLYMPUS WATER US HOLDING CORP SR SECURED 144A 02/33 6.125</title>
        <cusip>YK4056627</cusip>
        <identifiers>
          <isin value="XS3193933820"/>
          <ticker value="SOLEIN"/>
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        <balance>190000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.850919"/>
        <valUSD>221322.82</valUSD>
        <pctVal>0.1504636956</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>6.125000000000</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>CPI Property Group S.A.</name>
        <lei>N/A</lei>
        <title>CPI PROPERTY GROUP SA SR UNSECURED REGS 07/30 4.75</title>
        <cusip>YM3916033</cusip>
        <identifiers>
          <isin value="XS3126635039"/>
          <ticker value="CPIPGR"/>
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        <balance>200000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.850919"/>
        <valUSD>226200.77</valUSD>
        <pctVal>0.1537799121</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-22</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>SW (Finance) I PLC</name>
        <lei>N/A</lei>
        <title>SW FINANCE I PLC SR SECURED REGS 08/32 6.875</title>
        <cusip>YM8052412</cusip>
        <identifiers>
          <isin value="XS3142034969"/>
          <ticker value="SWSFIN"/>
        </identifiers>
        <balance>200000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.741867"/>
        <valUSD>279625.66</valUSD>
        <pctVal>0.1901001903</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-08-07</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>ZF Europe Finance B.V.</name>
        <lei>N/A</lei>
        <title>ZF EUROPE FINANCE BV COMPANY GUAR REGS 06/30 7</title>
        <cusip>YN0901978</cusip>
        <identifiers>
          <isin value="XS3091660194"/>
          <ticker value="ZFFNGR"/>
        </identifiers>
        <balance>100000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.850919"/>
        <valUSD>123695.12</valUSD>
        <pctVal>0.0840926611</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.000000000000</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>Darling Global Finance B.V.</name>
        <lei>N/A</lei>
        <title>DARLING GLOBAL FINANCE BV COMPANY GUAR 144A 07/32 4.5</title>
        <cusip>YN4664366</cusip>
        <identifiers>
          <isin value="XS3101876236"/>
          <ticker value="DAR"/>
        </identifiers>
        <balance>115000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.850919"/>
        <valUSD>136447.96</valUSD>
        <pctVal>0.0927625282</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>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bellis Acquisition Company PLC</name>
        <lei>N/A</lei>
        <title>BELLIS ACQUISITION CO PLC SR SECURED REGS 07/31 8</title>
        <cusip>YN4668672</cusip>
        <identifiers>
          <isin value="XS3099155932"/>
          <ticker value="ASSDLN"/>
        </identifiers>
        <balance>200000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.850919"/>
        <valUSD>227552.14</valUSD>
        <pctVal>0.1546986250</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-01</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>Komatsu Ltd.</name>
        <lei>5493004LQ0B4T7QPQV17</lei>
        <title>KOMATSU LTD COMMON STOCK</title>
        <cusip>649658002</cusip>
        <identifiers>
          <isin value="JP3304200003"/>
          <ticker value="6301 JP"/>
        </identifiers>
        <balance>3573</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64"/>
        <valUSD>113380.02</valUSD>
        <pctVal>0.0770800626</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>14032</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64"/>
        <valUSD>518708.3</valUSD>
        <pctVal>0.3526376891</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>NextEra Energy Inc.</name>
        <lei>N/A</lei>
        <title>NEXTERA ENERGY INC COMMON STOCK USD.01</title>
        <cusip>65339F101</cusip>
        <identifiers>
          <isin value="US65339F1012"/>
          <ticker value="NEE US"/>
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        <balance>1236</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>99226.08</valUSD>
        <pctVal>0.0674576743</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>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>4656</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="31.4205"/>
        <valUSD>223463.08</valUSD>
        <pctVal>0.1519187260</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>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>320527.7</valUSD>
        <pctVal>0.2179069574</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>6.075190000000</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>Sumitomo Mitsui Financial Group Inc.</name>
        <lei>N/A</lei>
        <title>SUMITOMO MITSUI FINANCIAL GROU COMMON STOCK</title>
        <cusip>656302908</cusip>
        <identifiers>
          <isin value="JP3890350006"/>
          <ticker value="8316 JP"/>
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        <balance>2022</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64"/>
        <valUSD>65030.38</valUSD>
        <pctVal>0.0442101330</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>Bausch Health Companies Inc.</name>
        <lei>B3BS7ACMDUWISF18KY76</lei>
        <title>BAUSCH HEALTH COS INC COMPANY GUAR 144A 02/29 6.25</title>
        <cusip>071734AK3</cusip>
        <identifiers>
          <isin value="US071734AK34"/>
          <ticker value="BHCCN"/>
        </identifiers>
        <balance>36000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>28980</valUSD>
        <pctVal>0.0197017095</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-15</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>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>89500</valUSD>
        <pctVal>0.0608455141</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>
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        <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 09/28 11</title>
        <cusip>071734AQ0</cusip>
        <identifiers>
          <isin value="US071734AQ04"/>
          <ticker value="BHCCN"/>
        </identifiers>
        <balance>50000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>51792</valUSD>
        <pctVal>0.0352101773</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>11.000000000000</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>BELLEMEADE RE 2025-1 LTD BMIR 2025 1 M1C 144A</name>
        <lei>N/A</lei>
        <title>BELLEMEADE RE 2025-1 LTD BMIR 2025 1 M1C 144A</title>
        <cusip>07876NAC9</cusip>
        <identifiers>
          <isin value="US07876NAC92"/>
          <ticker value="BMIR"/>
        </identifiers>
        <balance>360000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>362167.96</valUSD>
        <pctVal>0.2462155945</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-10-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.124190000000</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 SECURED 144A 04/29 6.875</title>
        <cusip>12543DBJ8</cusip>
        <identifiers>
          <isin value="US12543DBJ81"/>
          <ticker value="CYH"/>
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        <balance>50000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>44500</valUSD>
        <pctVal>0.0302527975</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>
          <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>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>79831.38</valUSD>
        <pctVal>0.0542724174</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>CHS/Community Health Systems Inc.</name>
        <lei>5493007X5NC5XI1BB106</lei>
        <title>CHS/COMMUNITY HEALTH SYSTEMS I SR SECURED 144A 01/32 10.875</title>
        <cusip>12543DBN9</cusip>
        <identifiers>
          <isin value="US12543DBN93"/>
          <ticker value="CYH"/>
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        <balance>34000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>37108.96</valUSD>
        <pctVal>0.0252280866</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>10.875000000000</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>CHS/Community Health Systems Inc.</name>
        <lei>5493007X5NC5XI1BB106</lei>
        <title>CHS/COMMUNITY HEALTH SYSTEMS I SR SECURED 144A 01/34 9.75</title>
        <cusip>12543DBQ2</cusip>
        <identifiers>
          <isin value="US12543DBQ25"/>
          <ticker value="CYH"/>
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        <balance>35000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>36761.5</valUSD>
        <pctVal>0.0249918700</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.750000000000</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>Clear Channel Outdoor Holdings Inc.</name>
        <lei>N/A</lei>
        <title>CLEAR CHANNEL OUTDOOR HOLDINGS SR SECURED 144A 02/31 7.125</title>
        <cusip>18453HAG1</cusip>
        <identifiers>
          <isin value="US18453HAG11"/>
          <ticker value="CCO"/>
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        <balance>25000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>26178.59</valUSD>
        <pctVal>0.0177972041</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>7.125000000000</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>
        <name>Clear Channel Outdoor Holdings Inc.</name>
        <lei>N/A</lei>
        <title>CLEAR CHANNEL OUTDOOR HOLDINGS SR SECURED 144A 03/33 7.5</title>
        <cusip>18453HAH9</cusip>
        <identifiers>
          <isin value="US18453HAH93"/>
          <ticker value="CCO"/>
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        <balance>25000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>26407.28</valUSD>
        <pctVal>0.0179526763</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.500000000000</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>Clearway Energy Operating LLC</name>
        <lei>549300Z3NFMM54NWBB87</lei>
        <title>CLEARWAY ENERGY OPERATING LLC COMPANY GUAR 144A 03/28 4.75</title>
        <cusip>18539UAC9</cusip>
        <identifiers>
          <isin value="US18539UAC99"/>
          <ticker value="CWENA"/>
        </identifiers>
        <balance>50000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>49891.06</valUSD>
        <pctVal>0.0339178457</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>4.750000000000</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>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>6636</balance>
        <units>NS</units>
        <currencyConditional curCd="PLN" exchangeRt="3.59"/>
        <valUSD>177159.53</valUSD>
        <pctVal>0.1204398064</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>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>1280</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>619033.6</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <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>1475</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>93987</valUSD>
        <pctVal>0.0638959478</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>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"/>
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        <balance>602</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.7921"/>
        <valUSD>455534.69</valUSD>
        <pctVal>0.3096898592</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>
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      <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"/>
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        <balance>3565</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="31.4205"/>
        <valUSD>134532.31</valUSD>
        <pctVal>0.0914601962</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>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>13464</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64"/>
        <valUSD>362982.92</valUSD>
        <pctVal>0.2467696354</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>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"/>
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        <balance>156000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>155530.52</valUSD>
        <pctVal>0.1057355804</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>
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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>Mitsubishi Ufj Financial GroupInc.</name>
        <lei>N/A</lei>
        <title>MITSUBISHI UFJ FINANCIAL GROUP COMMON STOCK</title>
        <cusip>633517909</cusip>
        <identifiers>
          <isin value="JP3902900004"/>
          <ticker value="8306 JP"/>
        </identifiers>
        <balance>3982</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64"/>
        <valUSD>63198.6</valUSD>
        <pctVal>0.0429648191</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>FUJIFILM Holdings Corporation</name>
        <lei>N/A</lei>
        <title>FUJIFILM HOLDINGS CORP COMMON STOCK</title>
        <cusip>635652001</cusip>
        <identifiers>
          <isin value="JP3814000000"/>
          <ticker value="4901 JP"/>
        </identifiers>
        <balance>5844</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64"/>
        <valUSD>124000.39</valUSD>
        <pctVal>0.0843001953</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>Fujikura Ltd.</name>
        <lei>N/A</lei>
        <title>FUJIKURA LTD COMMON STOCK</title>
        <cusip>635670003</cusip>
        <identifiers>
          <isin value="JP3811000003"/>
          <ticker value="5803 JP"/>
        </identifiers>
        <balance>667</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64"/>
        <valUSD>73967.25</valUSD>
        <pctVal>0.0502857581</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>Nippon Building Fund Inc.</name>
        <lei>N/A</lei>
        <title>NIPPON BUILDING FUND INC REIT</title>
        <cusip>639680909</cusip>
        <identifiers>
          <isin value="JP3027670003"/>
          <ticker value="8951 JP"/>
        </identifiers>
        <balance>724</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64"/>
        <valUSD>659877.27</valUSD>
        <pctVal>0.4486097399</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>NetApp Inc.</name>
        <lei>QTX3D84DZDD5JYOCYH15</lei>
        <title>NETAPP INC COMMON STOCK USD.001</title>
        <cusip>64110D104</cusip>
        <identifiers>
          <isin value="US64110D1046"/>
          <ticker value="NTAP US"/>
        </identifiers>
        <balance>535</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>57293.15</valUSD>
        <pctVal>0.0389500689</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>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"/>
        </identifiers>
        <balance>28706</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64"/>
        <valUSD>281739.95</valUSD>
        <pctVal>0.1915375653</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>Hon Hai Precision Industry Co. Ltd.</name>
        <lei>N/A</lei>
        <title>HON HAI PRECISION INDUSTRY CO COMMON STOCK TWD10.0</title>
        <cusip>643856909</cusip>
        <identifiers>
          <isin value="TW0002317005"/>
          <ticker value="2317 TT"/>
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        <balance>14468</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="31.4205"/>
        <valUSD>106055.05</valUSD>
        <pctVal>0.0721002686</pctVal>
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        <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>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="1440.55"/>
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        <pctVal>0.1886220522</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>Japan Tobacco Inc.</name>
        <lei>N/A</lei>
        <title>JAPAN TOBACCO INC COMMON STOCK</title>
        <cusip>647453901</cusip>
        <identifiers>
          <isin value="JP3726800000"/>
          <ticker value="2914 JP"/>
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        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64"/>
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        <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>Fortress Intermediate 3 Inc.</name>
        <lei>N/A</lei>
        <title>FORTRESS INTERMEDIATE 3 INC SR SECURED 144A 06/31 7.5</title>
        <cusip>34966MAA0</cusip>
        <identifiers>
          <isin value="US34966MAA09"/>
          <ticker value="PSDO"/>
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        <balance>145000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>151298.8</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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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>Franklin Resources Inc.</name>
        <lei>RIFQSET379FOGTEFKS80</lei>
        <title>FRANKLIN RESOURCES INC COMMON STOCK USD.1</title>
        <cusip>354613101</cusip>
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          <isin value="US3546131018"/>
          <ticker value="BEN US"/>
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        <balance>24788</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>592185.32</valUSD>
        <pctVal>0.4025901701</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 MSCR Trust MN3</name>
        <lei>N/A</lei>
        <title>FREDDIE MAC MSCR TRUST MN3 MSCR 2021 MN3 B1 144A</title>
        <cusip>35563GAC3</cusip>
        <identifiers>
          <isin value="US35563GAC33"/>
          <ticker value="MSCR"/>
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        <balance>500000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>529486.75</valUSD>
        <pctVal>0.3599652905</pctVal>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <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>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"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>416949.32</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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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>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>
        <identifiers>
          <isin value="US35641AAA60"/>
          <ticker value="FREMOR"/>
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        <balance>65000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>68175.12</valUSD>
        <pctVal>0.0463480472</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
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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>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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          <isin value="US35641AAC27"/>
          <ticker value="FREMOR"/>
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        <balance>65000</balance>
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        <curCd>USD</curCd>
        <valUSD>68423.21</valUSD>
        <pctVal>0.0465167082</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.375000000000</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>Gaming and Leisure Properties Inc.</name>
        <lei>5493006GWRDBCZYWTM57</lei>
        <title>GAMING AND LEISURE PROPERTIES REIT</title>
        <cusip>36467J108</cusip>
        <identifiers>
          <isin value="US36467J1088"/>
          <ticker value="GLPI US"/>
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        <balance>15193</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>678975.17</valUSD>
        <pctVal>0.4615932208</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>Garda World Security Corporation</name>
        <lei>549300ZF1NDXLMCHNO20</lei>
        <title>GARDA WORLD SECURITY CORP SR UNSECURED 144A 08/32 8.25</title>
        <cusip>36485MAN9</cusip>
        <identifiers>
          <isin value="US36485MAN92"/>
          <ticker value="GWCN"/>
        </identifiers>
        <balance>65000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>66061.06</valUSD>
        <pctVal>0.0449108286</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.250000000000</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>Garda World Security Corporation</name>
        <lei>549300ZF1NDXLMCHNO20</lei>
        <title>GARDA WORLD SECURITY CORP SR UNSECURED 144A 11/32 8.375</title>
        <cusip>36485MAP4</cusip>
        <identifiers>
          <isin value="US36485MAP41"/>
          <ticker value="GWCN"/>
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        <balance>100000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>101861.3</valUSD>
        <pctVal>0.0692491974</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.375000000000</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>General Mills Inc.</name>
        <lei>2TGYMUGI08PO8X8L6150</lei>
        <title>GENERAL MILLS INC COMMON STOCK USD.1</title>
        <cusip>370334104</cusip>
        <identifiers>
          <isin value="US3703341046"/>
          <ticker value="GIS US"/>
        </identifiers>
        <balance>6662</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>309783</valUSD>
        <pctVal>0.2106023004</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>GENMAB A/S/GENMAB FINANCE LLC SR SECURED 144A 12/32 6.25</name>
        <lei>N/A</lei>
        <title>GENMAB A/S/GENMAB FINANCE LLC SR SECURED 144A 12/32 6.25</title>
        <cusip>37230JAA0</cusip>
        <identifiers>
          <isin value="US37230JAA07"/>
          <ticker value="GMABDC"/>
        </identifiers>
        <balance>490000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>502174.8</valUSD>
        <pctVal>0.3413975851</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-12-15</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Genuine Parts Company</name>
        <lei>N/A</lei>
        <title>GENUINE PARTS CO COMMON STOCK USD1.0</title>
        <cusip>372460105</cusip>
        <identifiers>
          <isin value="US3724601055"/>
          <ticker value="GPC US"/>
        </identifiers>
        <balance>2421</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>297686.16</valUSD>
        <pctVal>0.2023784071</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>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>214637.23</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>190409.86</valUSD>
        <pctVal>0.1294478862</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>76823.82</valUSD>
        <pctVal>0.0522277634</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</name>
        <lei>N/A</lei>
        <title>SUNOCO LP COMPANY GUAR 144A 03/31 5.625</title>
        <cusip>86765KAF6</cusip>
        <identifiers>
          <isin value="US86765KAF66"/>
          <ticker value="SUN"/>
        </identifiers>
        <balance>75000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>75549.53</valUSD>
        <pctVal>0.0513614524</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.625000000000</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>TerraForm Power Operating LLC</name>
        <lei>5493000S2OLR3UT5BE13</lei>
        <title>TERRAFORM POWER OPERATING LLC COMPANY GUAR 144A 01/28 5</title>
        <cusip>88104LAE3</cusip>
        <identifiers>
          <isin value="US88104LAE39"/>
          <ticker value="TERP"/>
        </identifiers>
        <balance>75000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>74931.16</valUSD>
        <pctVal>0.0509410609</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-31</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>TransDigm Inc.</name>
        <lei>88Q84GB3X55CF5OC7582</lei>
        <title>TRANSDIGM INC SR SECURED 144A 01/34 6.25</title>
        <cusip>893647BZ9</cusip>
        <identifiers>
          <isin value="US893647BZ96"/>
          <ticker value="TDG"/>
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        <balance>15000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>15565.22</valUSD>
        <pctVal>0.0105818303</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-01-31</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>TransDigm Inc.</name>
        <lei>88Q84GB3X55CF5OC7582</lei>
        <title>TRANSDIGM INC SR SUBORDINA 144A 01/34 6.75</title>
        <cusip>893647CA3</cusip>
        <identifiers>
          <isin value="US893647CA37"/>
          <ticker value="TDG"/>
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        <balance>55000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>57292.63</valUSD>
        <pctVal>0.0389497154</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-01-31</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>
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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>139998.99</valUSD>
        <pctVal>0.0951766538</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>6.250120000000</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>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>1910</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64"/>
        <valUSD>66109.83</valUSD>
        <pctVal>0.0449439843</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>TDK Corporation</name>
        <lei>N/A</lei>
        <title>TDK CORP COMMON STOCK</title>
        <cusip>686930009</cusip>
        <identifiers>
          <isin value="JP3538800008"/>
          <ticker value="6762 JP"/>
        </identifiers>
        <balance>10554</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64"/>
        <valUSD>149315.31</valUSD>
        <pctVal>0.1015102435</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>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>1082</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64"/>
        <valUSD>240990.88</valUSD>
        <pctVal>0.1638347931</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>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>27364</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64"/>
        <valUSD>587699.18</valUSD>
        <pctVal>0.3995403210</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>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"/>
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        <balance>75000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>73351.85</valUSD>
        <pctVal>0.0498673857</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>
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        <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"/>
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        <balance>70000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>70337.89</valUSD>
        <pctVal>0.0478183807</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>
          <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 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>26280.73</valUSD>
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        <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>
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          <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 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>73076.69</valUSD>
        <pctVal>0.0496803215</pctVal>
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        <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>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Enel SpA</name>
        <lei>WOCMU6HCI0OJWNPRZS33</lei>
        <title>ENEL SPA COMMON STOCK EUR1.0</title>
        <cusip>714456902</cusip>
        <identifiers>
          <isin value="IT0003128367"/>
          <ticker value="ENEL IM"/>
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        <balance>10481</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.850919"/>
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        <pctVal>0.0740849881</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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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>4455</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.850919"/>
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        <pctVal>0.0574119983</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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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>113016</valUSD>
        <pctVal>0.0768325879</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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      <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>60000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>60930.1</valUSD>
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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>ASURION LLC AND ASURION CO-ISS SR SECURED 144A 12/32 8</name>
        <lei>N/A</lei>
        <title>ASURION LLC AND ASURION CO-ISS SR SECURED 144A 12/32 8</title>
        <cusip>045941AA9</cusip>
        <identifiers>
          <isin value="US045941AA96"/>
          <ticker value="ASUCOR"/>
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        <balance>105000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>108949.2</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>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"/>
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        <balance>100000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>99456.65</valUSD>
        <pctVal>0.0676144246</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>
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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>
        <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>150000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>143438.3</valUSD>
        <pctVal>0.0975148280</pctVal>
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        <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>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <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>66810.71</valUSD>
        <pctVal>0.0454204692</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>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <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>801</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>123466.14</valUSD>
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        <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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      <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"/>
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        <balance>40215</balance>
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        <currencyConditional curCd="ZAR" exchangeRt="16.56"/>
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        <pctVal>0.1624624718</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Torrent Pharmaceuticals Limited</name>
        <lei>N/A</lei>
        <title>TORRENT PHARMACEUTICALS LTD COMMON STOCK INR5.0</title>
        <cusip>B0XPSB904</cusip>
        <identifiers>
          <isin value="INE685A01028"/>
          <ticker value="TRP IN"/>
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        <balance>15166</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="89.8794"/>
        <valUSD>648573.24</valUSD>
        <pctVal>0.4409248291</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Arkema</name>
        <lei>N/A</lei>
        <title>ARKEMA SA COMMON STOCK EUR10.0</title>
        <cusip>B0Z5YZ906</cusip>
        <identifiers>
          <isin value="FR0010313833"/>
          <ticker value="AKE FP"/>
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        <balance>1070</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.850919"/>
        <valUSD>65209.71</valUSD>
        <pctVal>0.0443320484</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Inpex Corporation</name>
        <lei>N/A</lei>
        <title>INPEX CORP COMMON STOCK</title>
        <cusip>B10RB1904</cusip>
        <identifiers>
          <isin value="JP3294460005"/>
          <ticker value="1605 JP"/>
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        <balance>32570</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64"/>
        <valUSD>651417.03</valUSD>
        <pctVal>0.4428581460</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>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"/>
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        <balance>90000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>69840</valUSD>
        <pctVal>0.0474798961</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>
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      <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"/>
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        <balance>100000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>98315.18</valUSD>
        <pctVal>0.0668384097</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>
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      </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>97179.79</valUSD>
        <pctVal>0.0660665283</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Endesa SA</name>
        <lei>549300LHK07F2CHV4X31</lei>
        <title>ENDESA SA COMMON STOCK EUR1.2</title>
        <cusip>527178909</cusip>
        <identifiers>
          <isin value="ES0130670112"/>
          <ticker value="ELE SM"/>
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        <balance>18330</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.850919"/>
        <valUSD>659525.88</valUSD>
        <pctVal>0.4483708516</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>Level 3 Financing Inc.</name>
        <lei>N/A</lei>
        <title>LEVEL 3 FINANCING INC COMPANY GUAR 144A 07/29 3.75</title>
        <cusip>527298BT9</cusip>
        <identifiers>
          <isin value="US527298BT90"/>
          <ticker value="LVLT"/>
        </identifiers>
        <balance>65000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>59183.15</valUSD>
        <pctVal>0.0402349630</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>3.750000000000</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>Muenchener Rueckversicherungs-Gesellschaft Aktiengesellschaft in Muenchen</name>
        <lei>N/A</lei>
        <title>MUENCHENER RUECKVERSICHERUNGS- COMMON STOCK</title>
        <cusip>529412900</cusip>
        <identifiers>
          <isin value="DE0008430026"/>
          <ticker value="MUV2 GR"/>
        </identifiers>
        <balance>599</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.850919"/>
        <valUSD>394193.72</valUSD>
        <pctVal>0.2679879278</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>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>101416.49</valUSD>
        <pctVal>0.0689467985</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>
        </debtSec>
        <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 04/30 7.875</title>
        <cusip>57763RAE7</cusip>
        <identifiers>
          <isin value="US57763RAE71"/>
          <ticker value="BWY"/>
        </identifiers>
        <balance>75000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>74408.28</valUSD>
        <pctVal>0.0505855871</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>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>Mauser Packaging Solutions Holding Company</name>
        <lei>549300DNGHXL0OMHW304</lei>
        <title>MAUSER PACKAGING SOLUTIONS HOL SECURED 144A 04/30 9.25</title>
        <cusip>57763RAF4</cusip>
        <identifiers>
          <isin value="US57763RAF47"/>
          <ticker value="BWY"/>
        </identifiers>
        <balance>25000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>24000</valUSD>
        <pctVal>0.0163161155</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>9.250000000000</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>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"/>
        </identifiers>
        <balance>198000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>172671.36</valUSD>
        <pctVal>0.1173885773</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>
        </debtSec>
        <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"/>
        </identifiers>
        <balance>288</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>88021.44</valUSD>
        <pctVal>0.0598403326</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>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"/>
        </identifiers>
        <balance>3157</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>313142.83</valUSD>
        <pctVal>0.2128864410</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>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"/>
        </identifiers>
        <balance>140000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>138996.68</valUSD>
        <pctVal>0.0944952453</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>
          <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>UnitedHealth Group Incorporated</name>
        <lei>549300GHBMY8T5GXDE41</lei>
        <title>UNITEDHEALTH GROUP INC COMMON STOCK USD.01</title>
        <cusip>91324P102</cusip>
        <identifiers>
          <isin value="US91324P1021"/>
          <ticker value="UNH US"/>
        </identifiers>
        <balance>1043</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>344304.73</valUSD>
        <pctVal>0.2340714894</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>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"/>
        </identifiers>
        <balance>100000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>104462.9</valUSD>
        <pctVal>0.0710178643</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>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Univision Communications Inc.</name>
        <lei>549300YQDE2JSGTL8V47</lei>
        <title>UNIVISION COMMUNICATIONS INC SR SECURED 144A 08/32 9.375</title>
        <cusip>914906BA9</cusip>
        <identifiers>
          <isin value="US914906BA95"/>
          <ticker value="UVN"/>
        </identifiers>
        <balance>45000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>48366.59</valUSD>
        <pctVal>0.0328814529</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>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>USA COMPRESSION PARTNERS LP / COMPANY GUAR 144A 10/33 6.25</name>
        <lei>N/A</lei>
        <title>USA COMPRESSION PARTNERS LP / COMPANY GUAR 144A 10/33 6.25</title>
        <cusip>91740PAH1</cusip>
        <identifiers>
          <isin value="US91740PAH10"/>
          <ticker value="USAC"/>
        </identifiers>
        <balance>75000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>75899.25</valUSD>
        <pctVal>0.0515992054</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.250000000000</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>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="0.850919"/>
        <valUSD>108705.74</valUSD>
        <pctVal>0.0739023088</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>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BCP V Modular Services Finance II PLC</name>
        <lei>N/A</lei>
        <title>BCP V MODULAR SERVICES FINANCE SR SECURED REGS 11/28 6.125</title>
        <cusip>BR7688137</cusip>
        <identifiers>
          <isin value="XS2397447538"/>
          <ticker value="MODULA"/>
        </identifiers>
        <balance>100000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.741867"/>
        <valUSD>126652.49</valUSD>
        <pctVal>0.0861031940</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-30</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>AngloGold Ashanti plc</name>
        <lei>N/A</lei>
        <title>ANGLOGOLD ASHANTI PLC COMMON STOCK</title>
        <cusip>BRF6FX903</cusip>
        <identifiers>
          <isin value="GB00BRXH2664"/>
          <ticker value="ANG SJ"/>
        </identifiers>
        <balance>1439</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="16.56"/>
        <valUSD>123926.34</valUSD>
        <pctVal>0.0842498532</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>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>400000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.850919"/>
        <valUSD>482099.58</valUSD>
        <pctVal>0.3277496847</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>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <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"/>
        </identifiers>
        <balance>1157</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.7921"/>
        <valUSD>477806.46</valUSD>
        <pctVal>0.3248310580</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>Nestle S.A.</name>
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        <cusip>712387901</cusip>
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          <isin value="CH0038863350"/>
          <ticker value="NESN SW"/>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>
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      <invstOrSec>
        <name>PepsiCo Inc.</name>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Performance Food Group Inc.</name>
        <lei>N/A</lei>
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          <isin value="US71376LAE02"/>
          <ticker value="PFGC"/>
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        <valUSD>97768.26</valUSD>
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      <invstOrSec>
        <name>Permian Resources Operating LLC</name>
        <lei>N/A</lei>
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        <cusip>71424VAA8</cusip>
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          <isin value="US71424VAA89"/>
          <ticker value="PR"/>
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        <curCd>USD</curCd>
        <valUSD>78175.23</valUSD>
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      <invstOrSec>
        <name>Permian Resources Operating LLC</name>
        <lei>N/A</lei>
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          <isin value="US71424VAB62"/>
          <ticker value="PR"/>
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        <curCd>USD</curCd>
        <valUSD>25644.15</valUSD>
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        <assetCat>DBT</assetCat>
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          <maturityDt>2033-02-01</maturityDt>
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      <invstOrSec>
        <name>Pfizer Inc.</name>
        <lei>765LHXWGK1KXCLTFYQ30</lei>
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          <isin value="US7170811035"/>
          <ticker value="PFE US"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BASF SE</name>
        <lei>N/A</lei>
        <title>BASF SE COMMON STOCK</title>
        <cusip>ACI0054Q2</cusip>
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          <isin value="DE000BASF111"/>
          <ticker value="BAS GR"/>
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        <assetCat>EC</assetCat>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Swiss Re AG</name>
        <lei>N/A</lei>
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        <cusip>ACI00MQT5</cusip>
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          <isin value="CH0126881561"/>
          <ticker value="SREN SW"/>
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        <currencyConditional curCd="CHF" exchangeRt="0.7921"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Evonik Industries AG</name>
        <lei>41GUOJQTALQHLF39XJ34</lei>
        <title>EVONIK INDUSTRIES AG COMMON STOCK</title>
        <cusip>ACI0559Y5</cusip>
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          <isin value="DE000EVNK013"/>
          <ticker value="EVK GR"/>
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        <balance>5585</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.850919"/>
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        <pctVal>0.0592546452</pctVal>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Industria de Diseno Textil SA</name>
        <lei>549300TTCXZOGZM2EY83</lei>
        <title>INDUSTRIA DE DISENO TEXTIL SA COMMON STOCK EUR.03</title>
        <cusip>ACI08XL68</cusip>
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          <isin value="ES0148396007"/>
          <ticker value="ITX SM"/>
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        <balance>1395</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.850919"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Samsung CandT Corporation</name>
        <lei>N/A</lei>
        <title>SAMSUNG CandT CORP COMMON STOCK KRW100.0</title>
        <cusip>ACI0B34K8</cusip>
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          <isin value="KR7028260008"/>
          <ticker value="028260 KS"/>
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        <balance>4014</balance>
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        <currencyConditional curCd="KRW" exchangeRt="1440.55"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <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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        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.850919"/>
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        <pctVal>0.4425389076</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Banca Monte dei Paschi di Siena S.p.A.</name>
        <lei>J4CP7MHCXR8DAQMKIL78</lei>
        <title>BANCA MONTE DEI PASCHI DI SIEN COMMON STOCK</title>
        <cusip>ACI28SXK1</cusip>
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          <isin value="IT0005508921"/>
          <ticker value="BMPS IM"/>
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        <balance>6732</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.850919"/>
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        <pctVal>0.0487286908</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Contemporary Amperex Technology Co.Ltd.</name>
        <lei>N/A</lei>
        <title>CONTEMPORARY AMPEREX TECHNOLOG COMMON STOCK CNY1.0</title>
        <cusip>ACI2X39J8</cusip>
        <identifiers>
          <isin value="CNE100006WS8"/>
          <ticker value="3750 HK"/>
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        <balance>985</balance>
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        <currencyConditional curCd="HKD" exchangeRt="7.7827"/>
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        <assetCat>EC</assetCat>
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        <invCountry>CN</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CPI Property Group S.A.</name>
        <lei>N/A</lei>
        <title>CPI PROPERTY GROUP SA JR SUBORDINA REGS 12/99 VAR</title>
        <cusip>ACI2Y6729</cusip>
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          <isin value="XS3099834676"/>
          <ticker value="CPIPGR"/>
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        <balance>100000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.850919"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>SandP500 EMINI FUT 0326</name>
        <lei>N/A</lei>
        <title>SandP500 EMINI FUT 0326</title>
        <cusip>ADI2TSML6</cusip>
        <identifiers>
          <isin value="BBG01HZQ8FZ5"/>
          <ticker value="ESH6"/>
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        <units>NC</units>
        <curCd>USD</curCd>
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      <invstOrSec>
        <name>TOPIX INDX FUTR 0326</name>
        <lei>N/A</lei>
        <title>TOPIX INDX FUTR 0326</title>
        <cusip>ADI2TSMM4</cusip>
        <identifiers>
          <isin value="BBG01R87XK04"/>
          <ticker value="TPH6"/>
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        <assetCat>DE</assetCat>
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        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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              <counterpartyName>OSAKA SECURITIES EXCHANGE</counterpartyName>
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            <payOffProf>Short</payOffProf>
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                <indexName>Tokyo Stock Price Index</indexName>
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      <invstOrSec>
        <name>EURO STOXX 50 0326</name>
        <lei>N/A</lei>
        <title>EURO STOXX 50 0326</title>
        <cusip>ADI2TSNC5</cusip>
        <identifiers>
          <isin value="DE000C7PXYX3"/>
          <ticker value="VGH6"/>
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            <payOffProf>Short</payOffProf>
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      <invstOrSec>
        <name>EURO-SCHATZ FUT 0326</name>
        <lei>N/A</lei>
        <title>EURO-SCHATZ FUT 0326</title>
        <cusip>ADI302MG3</cusip>
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          <isin value="DE000F2MGDE7"/>
          <ticker value="DUH6"/>
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        <assetCat>DIR</assetCat>
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        <invCountry>DE</invCountry>
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              <counterpartyName>EUREX ZURICH</counterpartyName>
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            <payOffProf>Short</payOffProf>
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      <invstOrSec>
        <name>EURO-BUND FUTURE 0326</name>
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          <ticker value="RXH6"/>
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          <futrDeriv derivCat="FUT">
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              <counterpartyName>EUREX ZURICH</counterpartyName>
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                <issuerName>Euro-Bund 10yr 6%</issuerName>
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      <invstOrSec>
        <name>US LONG BONDCBT 0326</name>
        <lei>N/A</lei>
        <title>US LONG BONDCBT 0326</title>
        <cusip>ADI30KFY2</cusip>
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          <isin value="US912810TW80"/>
          <ticker value="USH6"/>
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          <futrDeriv derivCat="FUT">
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              <counterpartyName>CHICAGO BOARD OF TRADE</counterpartyName>
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              <otherRefInst>
                <issuerName>US 20yr 6%</issuerName>
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                  <other otherDesc="NOTIONAL BOND" value="US 20yr 6%"/>
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      <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>
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          <isin value="XS2397198487"/>
          <ticker value="LORCAT"/>
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        <currencyConditional curCd="EUR" exchangeRt="0.850919"/>
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        <invCountry>ES</invCountry>
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      <invstOrSec>
        <name>ASHTON WOODS USA LLC / ASHTON SR UNSECURED 144A 08/29 4.625</name>
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        <cusip>045086AM7</cusip>
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          <isin value="US045086AM71"/>
          <ticker value="ASHWOO"/>
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        <curCd>USD</curCd>
        <valUSD>119174.03</valUSD>
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          <maturityDt>2029-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>AVID AUTOMOBILE RECEIVABLES 07/32 7.8</name>
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        <title>AVID AUTOMOBILE RECEIVABLES 07/32 7.8</title>
        <cusip>05368WAA2</cusip>
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          <isin value="US05368WAA27"/>
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        <curCd>USD</curCd>
        <valUSD>453684.28</valUSD>
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          <couponKind>Fixed</couponKind>
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      <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>133429.22</valUSD>
        <pctVal>0.0907102736</pctVal>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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        <debtSec>
          <maturityDt>2029-06-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.310000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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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>
        <cusip>18539UAD7</cusip>
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          <ticker value="CWENA"/>
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        <curCd>USD</curCd>
        <valUSD>186777.48</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <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>
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          <isin value="US18972EAA38"/>
          <ticker value="NOVHOL"/>
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        <curCd>USD</curCd>
        <valUSD>76308.68</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
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      <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>
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          <isin value="US18972EAC93"/>
          <ticker value="NOVHOL"/>
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        <units>PA</units>
        <curCd>USD</curCd>
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        <pctVal>0.0278733640</pctVal>
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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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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>The Coca-Cola Company</name>
        <lei>UWJKFUJFZ02DKWI3RY53</lei>
        <title>COCA-COLA CO/THE COMMON STOCK USD.25</title>
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          <isin value="US1912161007"/>
          <ticker value="KO US"/>
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        <curCd>USD</curCd>
        <valUSD>480631.25</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
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      <invstOrSec>
        <name>Comcast Corporation</name>
        <lei>51M0QTTNCGUN7KFCFZ59</lei>
        <title>COMCAST CORP COMMON STOCK USD.01</title>
        <cusip>20030N101</cusip>
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          <ticker value="CMCSA US"/>
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        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>477193.85</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
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          <isLoanByFund>N</isLoanByFund>
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        <name>EchoStar Corporation</name>
        <lei>549300EE20907QZ9GT38</lei>
        <title>ECHOSTAR CORP SR SECURED 11/29 10.75</title>
        <cusip>278768AC0</cusip>
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          <isin value="US278768AC00"/>
          <ticker value="SATS"/>
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        <curCd>USD</curCd>
        <valUSD>154812.17</valUSD>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>10.750000000000</annualizedRt>
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          <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>
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          <ticker value="PEMEX"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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          <couponKind>Fixed</couponKind>
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        <name>Petroleos Mexicanos</name>
        <lei>549300CAZKPF4HKMPX17</lei>
        <title>PETROLEOS MEXICANOS COMPANY GUAR 01/50 7.69</title>
        <cusip>71654QDD1</cusip>
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          <ticker value="PEMEX"/>
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      <invstOrSec>
        <name>Piedmont Operating Partnership LP</name>
        <lei>549300WKGDPAS39FBD10</lei>
        <title>PIEDMONT OPERATING PARTNERSHIP COMPANY GUAR 07/29 6.875</title>
        <cusip>720198AJ9</cusip>
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          <ticker value="PDM"/>
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        <curCd>USD</curCd>
        <valUSD>159183.48</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Piedmont Operating Partnership LP</name>
        <lei>549300WKGDPAS39FBD10</lei>
        <title>PIEDMONT OPERATING PARTNERSHIP COMPANY GUAR 01/33 5.625</title>
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          <ticker value="PDM"/>
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        <assetCat>DBT</assetCat>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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        <name>Snam S.p.A.</name>
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        <assetCat>EC</assetCat>
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      <invstOrSec>
        <name>SOLD AUD/BOUGHT USD</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
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          <fwdDeriv derivCat="FWD">
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              <counterpartyName>MORGAN STANLEY AND CO. INTERNATIONAL PLC</counterpartyName>
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      <invstOrSec>
        <name>Planet Financial Group LLC</name>
        <lei>N/A</lei>
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          <isin value="US72702AAA51"/>
          <ticker value="PLNFIN"/>
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      <invstOrSec>
        <name>Pret 2025-NPL7 LLC</name>
        <lei>N/A</lei>
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          <isin value="US740934AB09"/>
          <ticker value="PRET"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-07-25</maturityDt>
          <couponKind>Variable</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>Pret 2025-Npl6 LLC</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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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>PRET 2025-NPL3 LLC</name>
        <lei>N/A</lei>
        <title>PRET 2025-NPL3 LLC PRET 2025 NPL3 A2 144A</title>
        <cusip>74143HAB1</cusip>
        <identifiers>
          <isin value="US74143HAB15"/>
          <ticker value="PRET"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-04-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>8.835800000000</annualizedRt>
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      <invstOrSec>
        <name>Energizer Holdings Inc.</name>
        <lei>5493000D6NN0V57UME20</lei>
        <title>ENERGIZER HOLDINGS INC COMPANY GUAR 144A 06/28 4.75</title>
        <cusip>29272WAC3</cusip>
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          <isin value="US29272WAC38"/>
          <ticker value="ENR"/>
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        <curCd>USD</curCd>
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      <invstOrSec>
        <name>Evergy Inc.</name>
        <lei>N/A</lei>
        <title>EVERGY INC COMMON STOCK</title>
        <cusip>30034W106</cusip>
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          <isin value="US30034W1062"/>
          <ticker value="EVRG US"/>
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        <assetCat>EC</assetCat>
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      <invstOrSec>
        <name>PRET 2025-NPL5 LLC</name>
        <lei>N/A</lei>
        <title>PRET 2025-NPL5 LLC PRET 2025 NPL5 A2 144A</title>
        <cusip>74143LAB2</cusip>
        <identifiers>
          <isin value="US74143LAB27"/>
          <ticker value="PRET"/>
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        <balance>405000</balance>
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        <curCd>USD</curCd>
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        <debtSec>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>PRET 2025-NPL13 LLC PRET 2025 NPL13 A2 144A</name>
        <lei>N/A</lei>
        <title>PRET 2025-NPL13 LLC PRET 2025 NPL13 A2 144A</title>
        <cusip>74143UAB2</cusip>
        <identifiers>
          <isin value="US74143UAB26"/>
          <ticker value="PRET"/>
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        <issuerCat>CORP</issuerCat>
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          <couponKind>Variable</couponKind>
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        <name>Eversource Energy</name>
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        <name>Exeter Select Automobile Receivables Trust 2025-2</name>
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        <name>Unimicron Technology Corp.</name>
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        <name>Hyundai Motor Company</name>
        <lei>N/A</lei>
        <title>HYUNDAI MOTOR CO PREFERENCE</title>
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      <invstOrSec>
        <name>Canon Inc.</name>
        <lei>N/A</lei>
        <title>CANON INC COMMON STOCK</title>
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        <name>Morgan Stanley Bank of America Merrill Lynch Trust 2013-C9</name>
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        <title>MORGAN STANLEY BANK OF AMERICA MSBAM 2013 C9 D 144A</title>
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        <name>Morgan Stanley Bank of America Merrill Lynch Trust 2013-C9</name>
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        <title>MORGAN STANLEY BANK OF AMERICA MSBAM 2013 C9 E 144A</title>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>China Resources Land Limited</name>
        <lei>N/A</lei>
        <title>CHINA RESOURCES LAND LTD COMMON STOCK HKD.1</title>
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          <ticker value="1109 HK"/>
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        <currencyConditional curCd="HKD" exchangeRt="7.7827"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>

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      </invstOrSec>
      <invstOrSec>
        <name>THL CREDIT WIND RIVER 2017-1 C WINDR 2017 1A DR 144A</name>
        <lei>N/A</lei>
        <title>THL CREDIT WIND RIVER 2017-1 C WINDR 2017 1A DR 144A</title>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
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      <invstOrSec>
        <name>Windsor Holdings III LLC</name>
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      <invstOrSec>
        <name>WORLDWIDE PLAZA TRUST 2017-WWP WPT 2017 WWP A 144A</name>
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        <curCd>USD</curCd>
        <valUSD>239970.57</valUSD>
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      <invstOrSec>
        <name>Heathrow Finance PLC</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Banca Monte dei Paschi di Siena S.p.A.</name>
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          <isin value="XS1752894292"/>
          <ticker value="MONTE"/>
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        <issuerCat>CORP</issuerCat>
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      <invstOrSec>
        <name>GOLD TRIPARTY MORTGAGE REPO - 02Jan26</name>
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        <curCd>USD</curCd>
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      <invstOrSec>
        <name>Petroleos Mexicanos</name>
        <lei>549300CAZKPF4HKMPX17</lei>
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          <ticker value="PEMEX"/>
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        <issuerCat>CORP</issuerCat>
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      <invstOrSec>
        <name>Terna S.p.A.</name>
        <lei>N/A</lei>
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        <name>King Slide Works Co. Ltd.</name>
        <lei>N/A</lei>
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        <name>Admiral Group plc</name>
        <lei>N/A</lei>
        <title>ADMIRAL GROUP PLC COMMON STOCK GBP.001</title>
        <cusip>B02J63904</cusip>
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        <issuerCat>CORP</issuerCat>
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        <name>Standard Bank Group</name>
        <lei>N/A</lei>
        <title>STANDARD BANK GROUP LTD COMMON STOCK ZAR.1</title>
        <cusip>B030GJ908</cusip>
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        <invCountry>ZA</invCountry>
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        <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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        <assetCat>EC</assetCat>
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        <invCountry>PL</invCountry>
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        <name>KONE Oyj</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>United Utilities Group PLC</name>
        <lei>N/A</lei>
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        <name>China Hongqiao Group Limited</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Gjensidige Forsikring ASA</name>
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        <title>GJENSIDIGE FORSIKRING ASA COMMON STOCK NOK2.0</title>
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      <invstOrSec>
        <name>WELLS FARGO COMMERCIAL MORTGAG WFCM 2016 C37 D 144A</name>
        <lei>549300TRQQDPEF728F16</lei>
        <title>WELLS FARGO COMMERCIAL MORTGAG WFCM 2016 C37 D 144A</title>
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      <invstOrSec>
        <name>The Williams Companies Inc.</name>
        <lei>D71FAKCBLFS2O0RBPG08</lei>
        <title>WILLIAMS COS INC/THE COMMON STOCK USD1.0</title>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>SOLD GBP/BOUGHT USD</name>
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        <title>SOLD GBP/BOUGHT USD</title>
        <cusip>N/A</cusip>
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        <curCd>USD</curCd>
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        <assetCat>DFE</assetCat>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
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        <name>SOLD EUR/BOUGHT USD</name>
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        <name>SOLD GBP/BOUGHT USD</name>
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      <invstOrSec>
        <name>BOUGHT GBP/SOLD USD</name>
        <lei>N/A</lei>
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        <name>X-Caliber Funding LLC</name>
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      <invstOrSec>
        <name>YUM! Brands Inc.</name>
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        <name>ZF North America Capital Inc.</name>
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        <isRestrictedSec>N</isRestrictedSec>
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        <securityLending>
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      <invstOrSec>
        <name>Zoetis Inc.</name>
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              <title>Zoetis, Inc.</title>
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      <invstOrSec>
        <name>Allied Universal Holdco LLC</name>
        <lei>N/A</lei>
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          <ticker value="UNSEAM"/>
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      <invstOrSec>
        <name>Allison Transmission Inc.</name>
        <lei>MWKQ3I0U1GXP2YDSZW75</lei>
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          <ticker value="ALSN"/>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>
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        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>ALLY BANK AUTO CREDIT-LINKED N ABCLN 2025 B E 144A</name>
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        <title>ALLY BANK AUTO CREDIT-LINKED N ABCLN 2025 B E 144A</title>
        <cusip>02007G6S7</cusip>
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          <isin value="US02007G6S78"/>
          <ticker value="ABCLN"/>
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        <balance>232476.32</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>233090.38</valUSD>
        <pctVal>0.1584637318</pctVal>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Altice France</name>
        <lei>5493001ZMCICV4N02J21</lei>
        <title>ALTICE SA SR SECURED 144A 04/32 6.5</title>
        <cusip>02090DAD0</cusip>
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          <isin value="US02090DAD03"/>
          <ticker value="SFRFP"/>
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        <balance>93000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>89157.42</valUSD>
        <pctVal>0.0606126151</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.500000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Altria Group Inc.</name>
        <lei>XSGZFLO9YTNO9VCQV219</lei>
        <title>ALTRIA GROUP INC COMMON STOCK USD.333</title>
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        <identifiers>
          <isin value="US02209S1033"/>
          <ticker value="MO US"/>
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        <balance>13603</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>784348.98</valUSD>
        <pctVal>0.5332303565</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>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"/>
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        <balance>130000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>137030.92</valUSD>
        <pctVal>0.0931588466</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-08-01</maturityDt>
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          <annualizedRt>7.250000000000</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>British American Tobacco P.L.C.</name>
        <lei>N/A</lei>
        <title>BRITISH AMERICAN TOBACCO PLC COMMON STOCK</title>
        <cusip>028758902</cusip>
        <identifiers>
          <isin value="GB0002875804"/>
          <ticker value="BATS LN"/>
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        <currencyConditional curCd="GBP" exchangeRt="0.741867"/>
        <valUSD>125513.16</valUSD>
        <pctVal>0.0853286340</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <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>561</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>183620.91</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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      </invstOrSec>
      <invstOrSec>
        <name>Amphenol Corporation</name>
        <lei>549300D3L3G0R4U4VT04</lei>
        <title>AMPHENOL CORP COMMON STOCK USD.001</title>
        <cusip>032095101</cusip>
        <identifiers>
          <isin value="US0320951017"/>
          <ticker value="APH US"/>
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        <balance>1998</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>270009.72</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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      </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"/>
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        <balance>690</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>187128</valUSD>
        <pctVal>0.1272167526</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>ANGEL OAK MORTGAGE TRUST 2022- AOMT 2022 2 M1 144A</name>
        <lei>N/A</lei>
        <title>ANGEL OAK MORTGAGE TRUST 2022- AOMT 2022 2 M1 144A</title>
        <cusip>03464PAD9</cusip>
        <identifiers>
          <isin value="US03464PAD96"/>
          <ticker value="AOMT"/>
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        <balance>345000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>281143.78</valUSD>
        <pctVal>0.1911322662</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2067-01-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.094910000000</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>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>16799</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>375625.64</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>
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      <invstOrSec>
        <name>BPER Banca S.p.A.</name>
        <lei>N747OI7JINV7RUUH6190</lei>
        <title>BPER BANCA SPA COMMON STOCK</title>
        <cusip>411609902</cusip>
        <identifiers>
          <isin value="IT0000066123"/>
          <ticker value="BPE IM"/>
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        <balance>28063</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.850919"/>
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        <pctVal>0.2577950737</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>Capgemini SE</name>
        <lei>N/A</lei>
        <title>CAPGEMINI SE COMMON STOCK EUR8.0</title>
        <cusip>416343002</cusip>
        <identifiers>
          <isin value="FR0000125338"/>
          <ticker value="CAP FP"/>
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        <balance>440</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.850919"/>
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        <pctVal>0.0496697704</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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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>
        <identifiers>
          <isin value="US42250P1030"/>
          <ticker value="DOC US"/>
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        <balance>14954</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>240460.32</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>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>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>512185.35</valUSD>
        <pctVal>0.3482031388</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.430000000000</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>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>0.0000000408</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>
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      <invstOrSec>
        <name>AGC Inc.</name>
        <lei>JE4WFFEELMVPFZ0G1E77</lei>
        <title>AGC INC COMMON STOCK</title>
        <cusip>605520006</cusip>
        <identifiers>
          <isin value="JP3112000009"/>
          <ticker value="5201 JP"/>
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        <balance>19258</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64"/>
        <valUSD>638666.98</valUSD>
        <pctVal>0.4341901757</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>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"/>
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        <balance>3366</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.498464"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Telenor ASA</name>
        <lei>549300IM1QSBY4SLPM26</lei>
        <title>TELENOR ASA COMMON STOCK NOK6.0</title>
        <cusip>473249902</cusip>
        <identifiers>
          <isin value="NO0010063308"/>
          <ticker value="TEL NO"/>
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        <balance>8128</balance>
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        <currencyConditional curCd="NOK" exchangeRt="10.08"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Johnson and Johnson</name>
        <lei>549300G0CFPGEF6X2043</lei>
        <title>JOHNSON and JOHNSON COMMON STOCK USD1.0</title>
        <cusip>478160104</cusip>
        <identifiers>
          <isin value="US4781601046"/>
          <ticker value="JNJ US"/>
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        <balance>4705</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>973699.75</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Lockheed Martin Corporation</name>
        <lei>DPRBOZP0K5RM2YE8UU08</lei>
        <title>LOCKHEED MARTIN CORP COMMON STOCK USD1.0</title>
        <cusip>539830109</cusip>
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          <isin value="US5398301094"/>
          <ticker value="LMT US"/>
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        <curCd>USD</curCd>
        <valUSD>180408.91</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Bank Polska Kasa Opieki Spolka Akcyjna</name>
        <lei>5493000LKS7B3UTF7H35</lei>
        <title>BANK POLSKA KASA OPIEKI SA COMMON STOCK PLN1.0</title>
        <cusip>547311902</cusip>
        <identifiers>
          <isin value="PLPEKAO00016"/>
          <ticker value="PEO PW"/>
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        <balance>3616</balance>
        <units>NS</units>
        <currencyConditional curCd="PLN" exchangeRt="3.59"/>
        <valUSD>205105.43</valUSD>
        <pctVal>0.1394384953</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>
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      <invstOrSec>
        <name>Banco Bilbao Vizcaya Argentaria S.A.</name>
        <lei>K8MS7FD7N5Z2WQ51AZ71</lei>
        <title>BANCO BILBAO VIZCAYA ARGENTARI COMMON STOCK EUR.49</title>
        <cusip>550190904</cusip>
        <identifiers>
          <isin value="ES0113211835"/>
          <ticker value="BBVA SM"/>
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        <balance>25271</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.850919"/>
        <valUSD>592786.87</valUSD>
        <pctVal>0.4029991268</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>Mercedes-Benz Group AG</name>
        <lei>N/A</lei>
        <title>MERCEDES-BENZ GROUP AG COMMON STOCK</title>
        <cusip>552902900</cusip>
        <identifiers>
          <isin value="DE0007100000"/>
          <ticker value="MBG GR"/>
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        <balance>887</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.850919"/>
        <valUSD>61488.68</valUSD>
        <pctVal>0.0418023502</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>M/I Homes Inc.</name>
        <lei>N/A</lei>
        <title>M/I HOMES INC COMPANY GUAR 02/30 3.95</title>
        <cusip>55305BAV3</cusip>
        <identifiers>
          <isin value="US55305BAV36"/>
          <ticker value="MHO"/>
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        <balance>105000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>101088.13</valUSD>
        <pctVal>0.0687235669</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>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>
        </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"/>
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        <balance>1399</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>134387.94</valUSD>
        <pctVal>0.0913620480</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>Merck and Co. Inc.</name>
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        <curCd>USD</curCd>
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      <invstOrSec>
        <name>Meritage Homes Corporation</name>
        <lei>N/A</lei>
        <title>MERITAGE HOMES CORP COMPANY GUAR 05/28 1.75</title>
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          <isin value="US59001ABF84"/>
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        <curCd>USD</curCd>
        <valUSD>49174.79</valUSD>
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          <maturityDt>2028-05-15</maturityDt>
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            <dbtSecRefInstrument>
              <name>Meritage Homes Corp.</name>
              <title>Meritage Homes Corp.</title>
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      <invstOrSec>
        <name>Gold Circuit Electronics Ltd.</name>
        <lei>N/A</lei>
        <title>GOLD CIRCUIT ELECTRONICS LTD COMMON STOCK TWD10.0</title>
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          <ticker value="2368 TT"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
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      <invstOrSec>
        <name>Trend Micro Incorporated</name>
        <lei>N/A</lei>
        <title>TREND MICRO INC/JAPAN COMMON STOCK</title>
        <cusip>612528901</cusip>
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          <isin value="JP3637300009"/>
          <ticker value="4704 JP"/>
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        <balance>1455</balance>
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        <currencyConditional curCd="JPY" exchangeRt="156.64"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ON Semiconductor Corporation</name>
        <lei>ZV20P4CNJVT8V1ZGJ064</lei>
        <title>ON SEMICONDUCTOR CORP COMPANY GUAR 03/29 0.5</title>
        <cusip>682189AU9</cusip>
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          <isin value="US682189AU93"/>
          <ticker value="ON"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>47300</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>2029-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.500000000000</annualizedRt>
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              <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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      <invstOrSec>
        <name>1011778 B.C. Unlimited Liability Company / New Red Finance Inc.</name>
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          <isin value="US68245XAJ81"/>
          <ticker value="BCULC"/>
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        <curCd>USD</curCd>
        <valUSD>99369.49</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <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 10/30 4</title>
        <cusip>68245XAM1</cusip>
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          <isin value="US68245XAM11"/>
          <ticker value="BCULC"/>
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        <curCd>USD</curCd>
        <valUSD>47620.21</valUSD>
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        <issuerCat>CORP</issuerCat>
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          <maturityDt>2030-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ONEOK Inc.</name>
        <lei>2T3D6M0JSY48PSZI1Q41</lei>
        <title>ONEOK INC COMMON STOCK USD.01</title>
        <cusip>682680103</cusip>
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          <isin value="US6826801036"/>
          <ticker value="OKE US"/>
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        <curCd>USD</curCd>
        <valUSD>692296.5</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Oracle Corporation</name>
        <lei>1Z4GXXU7ZHVWFCD8TV52</lei>
        <title>ORACLE CORP COMMON STOCK USD.01</title>
        <cusip>68389X105</cusip>
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          <isin value="US68389X1054"/>
          <ticker value="ORCL US"/>
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        <balance>941</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>183410.31</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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      <invstOrSec>
        <name>Stockland</name>
        <lei>N/A</lei>
        <title>STOCKLAND REIT</title>
        <cusip>685085003</cusip>
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          <isin value="AU000000SGP0"/>
          <ticker value="SGP AU"/>
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        <balance>236018</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.498464"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
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        <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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        <curCd>USD</curCd>
        <valUSD>136959.26</valUSD>
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        <assetCat>DBT</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>PEBBLEBROOK HOTEL LP / PEB FIN COMPANY GUAR 144A 10/29 6.375</name>
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        <title>PEBBLEBROOK HOTEL LP / PEB FIN COMPANY GUAR 144A 10/29 6.375</title>
        <cusip>70510LAA7</cusip>
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          <isin value="US70510LAA70"/>
          <ticker value="PEB"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>122825.64</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Petroleos Mexicanos</name>
        <lei>549300CAZKPF4HKMPX17</lei>
        <title>PETROLEOS MEXICANOS COMPANY GUAR 06/35 6.625</title>
        <cusip>706451BG5</cusip>
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          <isin value="US706451BG56"/>
          <ticker value="PEMEX"/>
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        <curCd>USD</curCd>
        <valUSD>128104.6</valUSD>
        <pctVal>0.0870903938</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>AXA</name>
        <lei>F5WCUMTUM4RKZ1MAIE39</lei>
        <title>AXA SA COMMON STOCK EUR2.29</title>
        <cusip>708842901</cusip>
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          <ticker value="CS FP"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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      <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>
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          <isin value="US70932MAG24"/>
          <ticker value="PFSI"/>
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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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          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>OPAP S.A.</name>
        <lei>N/A</lei>
        <title>OPAP SA COMMON STOCK EUR.3</title>
        <cusip>710725904</cusip>
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          <isin value="GRS419003009"/>
          <ticker value="OPAP GA"/>
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        <currencyConditional curCd="EUR" exchangeRt="0.850919"/>
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        <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>PRET 2025-RPL6 TRUST PRET 2025 RPL6 A2 144A</name>
        <lei>N/A</lei>
        <title>PRET 2025-RPL6 TRUST PRET 2025 RPL6 A2 144A</title>
        <cusip>74143YAB4</cusip>
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          <isin value="US74143YAB48"/>
          <ticker value="PRET"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>228128.19</valUSD>
        <pctVal>0.1550902458</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2069-09-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.850000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Bridgestone Corporation</name>
        <lei>549300DHPOF90OYYD780</lei>
        <title>BRIDGESTONE CORP COMMON STOCK</title>
        <cusip>613210004</cusip>
        <identifiers>
          <isin value="JP3830800003"/>
          <ticker value="5108 JP"/>
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        <balance>29188</balance>
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        <currencyConditional curCd="JPY" exchangeRt="156.64"/>
        <valUSD>656708.66</valUSD>
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        <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>NOVA Chemicals Corporation</name>
        <lei>N/A</lei>
        <title>NOVA CHEMICALS CORP SR SECURED 144A 11/28 8.5</title>
        <cusip>66977WAT6</cusip>
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          <isin value="US66977WAT62"/>
          <ticker value="NCX"/>
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        <name>Samhallsbyggnadsbolaget i Norden Holding AB</name>
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        <name>Insight Enterprises Inc.</name>
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        <name>Interactive Brokers Group Inc.</name>
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          <ticker value="IBKR US"/>
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        <balance>1450</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>93249.5</valUSD>
        <pctVal>0.0633945672</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>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>3568</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1056877.28</valUSD>
        <pctVal>0.7185054907</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>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>2501</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>98514.39</valUSD>
        <pctVal>0.0669738403</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>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"/>
        </identifiers>
        <balance>165000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>172411.49</valUSD>
        <pctVal>0.1172119077</pctVal>
        <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>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>Iron Mountain Incorporated</name>
        <lei>SQL3F6CKNNBM3SQGHX24</lei>
        <title>IRON MOUNTAIN INC REIT USD.01</title>
        <cusip>46284V101</cusip>
        <identifiers>
          <isin value="US46284V1017"/>
          <ticker value="IRM US"/>
        </identifiers>
        <balance>1526</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>126581.7</valUSD>
        <pctVal>0.0860550683</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>JPMDB COM MTG SECURITIES TRUST JPMDB 2016 C2 B</name>
        <lei>N/A</lei>
        <title>JPMDB COM MTG SECURITIES TRUST JPMDB 2016 C2 B</title>
        <cusip>46590LAY8</cusip>
        <identifiers>
          <isin value="US46590LAY83"/>
          <ticker value="JPMDB"/>
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        <balance>115000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>103998.71</valUSD>
        <pctVal>0.0707022902</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-06-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.990100000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>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>5244</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1689721.68</valUSD>
        <pctVal>1.1487372544</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>Auto Ahorro Automotriz S.A. de C.V.</name>
        <lei>N/A</lei>
        <title>MPT OPERATING PARTNERSHIP LP / SR SECURED 144A 02/32 8.5</title>
        <cusip>55342UAQ7</cusip>
        <identifiers>
          <isin value="US55342UAQ76"/>
          <ticker value="MPW"/>
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        <balance>75000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>80095.01</valUSD>
        <pctVal>0.0544516431</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>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>MAD COMMERCIAL MORTGAGE TRUST MAD 2025 11MD D 144A</name>
        <lei>N/A</lei>
        <title>MAD COMMERCIAL MORTGAGE TRUST MAD 2025 11MD D 144A</title>
        <cusip>55616AAG2</cusip>
        <identifiers>
          <isin value="US55616AAG22"/>
          <ticker value="MAD"/>
        </identifiers>
        <balance>135000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>136679.6</valUSD>
        <pctVal>0.0929200059</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-10-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.359190000000</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>WarnerMedia Holdings Inc.</name>
        <lei>N/A</lei>
        <title>WARNERMEDIA HOLDINGS INC COMPANY GUAR 03/52 5.141</title>
        <cusip>55903VBU6</cusip>
        <identifiers>
          <isin value="US55903VBU61"/>
          <ticker value="WBD"/>
        </identifiers>
        <balance>14000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>9223.9</valUSD>
        <pctVal>0.0062707591</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>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"/>
        </identifiers>
        <balance>3350</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>581191.5</valUSD>
        <pctVal>0.3951161519</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>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"/>
        </identifiers>
        <balance>7010</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.37255"/>
        <valUSD>660678.01</valUSD>
        <pctVal>0.4491541135</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Eastern European Electric Company B.V.</name>
        <lei>N/A</lei>
        <title>EASTERN EUROPEAN ELECTRIC CO B SR SECURED REGS 05/30 6.5</title>
        <cusip>YO3089647</cusip>
        <identifiers>
          <isin value="XS3073101712"/>
          <ticker value="EASEUR"/>
        </identifiers>
        <balance>100000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.850919"/>
        <valUSD>123398.15</valUSD>
        <pctVal>0.0838907695</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>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>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"/>
        </identifiers>
        <balance>100000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.850919"/>
        <valUSD>123638.7</valUSD>
        <pctVal>0.0840543046</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>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"/>
        </identifiers>
        <balance>85000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>84779.17</valUSD>
        <pctVal>0.0576361138</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>
          <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>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"/>
        </identifiers>
        <balance>50000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>52548.5</valUSD>
        <pctVal>0.0357244748</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>
          <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>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>103176.99</valUSD>
        <pctVal>0.0701436536</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>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"/>
        </identifiers>
        <balance>19470</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>455208.6</valUSD>
        <pctVal>0.3094681707</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>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"/>
        </identifiers>
        <balance>150000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>139876.5</valUSD>
        <pctVal>0.0950933804</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>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COMM 2015-LC19 MORTGAGE TRUST COMM 2015 LC19 E 144A</name>
        <lei>N/A</lei>
        <title>COMM 2015-LC19 MORTGAGE TRUST COMM 2015 LC19 E 144A</title>
        <cusip>200474AG9</cusip>
        <identifiers>
          <isin value="US200474AG96"/>
          <ticker value="COMM"/>
        </identifiers>
        <balance>162000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>146206.62</valUSD>
        <pctVal>0.0993968375</pctVal>
        <payoffProfile>Long</payoffProfile>
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        <issuerCat>CORP</issuerCat>
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        <securityLending>
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      <invstOrSec>
        <name>Connecticut Avenue Securities Trust 2022-R04</name>
        <lei>N/A</lei>
        <title>CONNECTICUT AVENUE SECURITIES CAS 2022 R04 1B2 144A</title>
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          <isin value="US20753YAL65"/>
          <ticker value="CAS"/>
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        <curCd>USD</curCd>
        <valUSD>675475.55</valUSD>
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        <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>13.374190000000</annualizedRt>
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        <securityLending>
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          <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>532649.95</valUSD>
        <pctVal>0.3621157546</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>10.874190000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Connecticut Avenue Securities Trust 2022-R01</name>
        <lei>N/A</lei>
        <title>CONNECTICUT AVENUE SECURITIES CAS 2022 R01 1B2 144A</title>
        <cusip>20754LAJ8</cusip>
        <identifiers>
          <isin value="US20754LAJ89"/>
          <ticker value="CAS"/>
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        <balance>525000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>544031.25</valUSD>
        <pctVal>0.3698531964</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-12-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.874190000000</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>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"/>
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        <balance>22978</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="18.0075"/>
        <valUSD>217179.26</valUSD>
        <pctVal>0.1476467455</pctVal>
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        <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>
        <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"/>
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        <balance>2619</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>306972.99</valUSD>
        <pctVal>0.2086919484</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>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"/>
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        <balance>390518.15</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>362205.58</valUSD>
        <pctVal>0.2462411700</pctVal>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
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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>EchoStar Corporation</name>
        <lei>549300EE20907QZ9GT38</lei>
        <title>ECHOSTAR CORP SR SECURED 11/30 6.75</title>
        <cusip>278768AA4</cusip>
        <identifiers>
          <isin value="US278768AA44"/>
          <ticker value="SATS"/>
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        <balance>147784</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>151400.07</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>
          <annualizedRt>6.750000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>Y</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <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>524</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>69545.28</valUSD>
        <pctVal>0.0472795342</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>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>69667.7</valUSD>
        <pctVal>0.0473627600</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>EXTENDED STAY AMERICA TRUST 20 ESA 2025 ESH F 144A</name>
        <lei>N/A</lei>
        <title>EXTENDED STAY AMERICA TRUST 20 ESA 2025 ESH F 144A</title>
        <cusip>30227TAL4</cusip>
        <identifiers>
          <isin value="US30227TAL44"/>
          <ticker value="ESA"/>
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        <balance>245000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>247142.3</valUSD>
        <pctVal>0.1680167631</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-10-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.850120000000</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>RCO X MORTGAGE LLC 2025-1 RCO 2025 1 A2 144A</name>
        <lei>N/A</lei>
        <title>RCO X MORTGAGE LLC 2025-1 RCO 2025 1 A2 144A</title>
        <cusip>75523XAB3</cusip>
        <identifiers>
          <isin value="US75523XAB38"/>
          <ticker value="RCO"/>
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        <balance>400000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>403689.72</valUSD>
        <pctVal>0.2744436709</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>8.353000000000</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>Rexford Industrial Realty L.P.</name>
        <lei>N/A</lei>
        <title>REXFORD INDUSTRIAL REALTY LP COMPANY GUAR 144A 03/27 4.375</title>
        <cusip>76169XAD6</cusip>
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          <isin value="US76169XAD66"/>
          <ticker value="REXR"/>
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        <balance>50000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>49725</valUSD>
        <pctVal>0.0338049518</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.375000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>Y</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>Rexford Industrial Realty LP</name>
              <title>Rexford Industrial Realty LP</title>
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                <isin value="US76169C1009"/>
                <ticker value="REXR"/>
                <other otherDesc="BLOOMBERG" value="EQ0000000030320570"/>
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          <currencyInfos>
            <currencyInfo convRatio="15.714600000000" curCd="USD"/>
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          <delta>XXXX</delta>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Rexford Industrial Realty L.P.</name>
        <lei>N/A</lei>
        <title>REXFORD INDUSTRIAL REALTY LP COMPANY GUAR 144A 03/29 4.125</title>
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        <identifiers>
          <isin value="US76169XAE40"/>
          <ticker value="REXR"/>
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        <balance>50000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>49835</valUSD>
        <pctVal>0.0338797340</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.125000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>Y</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>Rexford Industrial Realty, Inc.</name>
              <title>Rexford Industrial Realty, Inc.</title>
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                <isin value="US76169C1009"/>
                <ticker value="REXR"/>
                <other otherDesc="BLOOMBERG" value="EQ0000000030320570"/>
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          <currencyInfos>
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          <delta>XXXX</delta>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Rocket Companies Inc.</name>
        <lei>N/A</lei>
        <title>ROCKET COS INC COMPANY GUAR 144A 08/30 6.125</title>
        <cusip>77311WAA9</cusip>
        <identifiers>
          <isin value="US77311WAA99"/>
          <ticker value="RKT"/>
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        <balance>80000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>82694.33</valUSD>
        <pctVal>0.0562187600</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.125000000000</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>Rocket Companies Inc.</name>
        <lei>N/A</lei>
        <title>ROCKET COS INC COMPANY GUAR 144A 08/33 6.375</title>
        <cusip>77311WAB7</cusip>
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          <isin value="US77311WAB72"/>
          <ticker value="RKT"/>
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        <balance>55000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>57344.05</valUSD>
        <pctVal>0.0389846726</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-08-01</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>Rocket Companies Inc.</name>
        <lei>N/A</lei>
        <title>ROCKET COS INC COMPANY GUAR 144A 08/29 6.5</title>
        <cusip>77311WAC5</cusip>
        <identifiers>
          <isin value="US77311WAC55"/>
          <ticker value="RKT"/>
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        <balance>99000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>102107.39</valUSD>
        <pctVal>0.0694164987</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>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>Rocket Software Inc.</name>
        <lei>N/A</lei>
        <title>ROCKET SOFTWARE INC SR UNSECURED 144A 02/29 6.5</title>
        <cusip>77314EAA6</cusip>
        <identifiers>
          <isin value="US77314EAA64"/>
          <ticker value="ROCSOF"/>
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        <balance>150000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>146996.66</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>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.500000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>SG RESIDENTIAL MORTGAGE TRUST SGR 2022 1 B2 144A</name>
        <lei>N/A</lei>
        <title>SG RESIDENTIAL MORTGAGE TRUST SGR 2022 1 B2 144A</title>
        <cusip>78433QAF2</cusip>
        <identifiers>
          <isin value="US78433QAF28"/>
          <ticker value="SGR"/>
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        <balance>850000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>611585.54</valUSD>
        <pctVal>0.4157791797</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2062-03-27</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.962909000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </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"/>
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        <balance>115000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>113052.89</valUSD>
        <pctVal>0.0768576672</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>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </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>524453.55</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>540870.52</valUSD>
        <pctVal>0.3677044116</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>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </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>
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      <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"/>
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        <balance>75000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>75751.87</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>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>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>59809.02</valUSD>
        <pctVal>0.0406604533</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>
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      </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"/>
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        <balance>200000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>187019.74</valUSD>
        <pctVal>0.1271431533</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>
        <name>Simon Property Group Inc.</name>
        <lei>N/A</lei>
        <title>SIMON PROPERTY GROUP LP REIT USD.0001</title>
        <cusip>828806109</cusip>
        <identifiers>
          <isin value="US8288061091"/>
          <ticker value="SPG US"/>
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        <balance>2583</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>478139.13</valUSD>
        <pctVal>0.3250572197</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>632</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>61815.92</valUSD>
        <pctVal>0.0420248205</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>206250</valUSD>
        <pctVal>0.1402166176</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>98971.72</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>92068.44</valUSD>
        <pctVal>0.0625916376</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-16</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.566</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>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"/>
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        <balance>75000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>73176</valUSD>
        <pctVal>0.0497478362</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>
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      </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"/>
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        <balance>75000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>75050.7</valUSD>
        <pctVal>0.0510223288</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Block Inc.</name>
        <lei>549300OHIIUWSTIZME52</lei>
        <title>BLOCK INC SR UNSECURED 144A 08/33 6</title>
        <cusip>852234AU7</cusip>
        <identifiers>
          <isin value="US852234AU71"/>
          <ticker value="XYZ"/>
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        <balance>140000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>143725.26</valUSD>
        <pctVal>0.0977099143</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.000000000000</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>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"/>
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        <balance>75000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>80040.61</valUSD>
        <pctVal>0.0544146599</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Starbucks Corporation</name>
        <lei>OQSJ1DU9TAOC51A47K68</lei>
        <title>STARBUCKS CORP COMMON STOCK USD.001</title>
        <cusip>855244109</cusip>
        <identifiers>
          <isin value="US8552441094"/>
          <ticker value="SBUX US"/>
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        <balance>763</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>64252.23</valUSD>
        <pctVal>0.0436811169</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>State Street Corporation</name>
        <lei>549300ZFEEJ2IP5VME73</lei>
        <title>STATE STREET CORP COMMON STOCK USD1.0</title>
        <cusip>857477103</cusip>
        <identifiers>
          <isin value="US8574771031"/>
          <ticker value="STT US"/>
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        <balance>617</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>79599.17</valUSD>
        <pctVal>0.0541145522</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>Sunoco LP</name>
        <lei>N/A</lei>
        <title>SUNOCO LP COMPANY GUAR 144A 03/34 5.875</title>
        <cusip>86765KAG4</cusip>
        <identifiers>
          <isin value="US86765KAG40"/>
          <ticker value="SUN"/>
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        <balance>40000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>39996.46</valUSD>
        <pctVal>0.0271911192</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>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>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"/>
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        <balance>50000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>48826.25</valUSD>
        <pctVal>0.0331939473</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>25965.93</valUSD>
        <pctVal>0.0176526297</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>
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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 02/31 9.375</title>
        <cusip>87485LAE4</cusip>
        <identifiers>
          <isin value="US87485LAE48"/>
          <ticker value="TALO"/>
        </identifiers>
        <balance>100000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>104300.7</valUSD>
        <pctVal>0.0709075945</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>Target Corporation</name>
        <lei>8WDDFXB5T1Z6J0XC1L66</lei>
        <title>TARGET CORP COMMON STOCK USD.0833</title>
        <cusip>87612E106</cusip>
        <identifiers>
          <isin value="US87612E1064"/>
          <ticker value="TGT US"/>
        </identifiers>
        <balance>671</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>65590.25</valUSD>
        <pctVal>0.0445907540</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>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>50892.7</valUSD>
        <pctVal>0.0345987988</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>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Telecom Italia Capital SA</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>65067.34</valUSD>
        <pctVal>0.0442352598</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>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>150278.61</valUSD>
        <pctVal>0.1021651316</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>
        </debtSec>
        <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"/>
        </identifiers>
        <balance>50000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>51164.67</valUSD>
        <pctVal>0.0347836944</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>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Teradyne Inc.</name>
        <lei>C3X4YJ278QNZHRJULN75</lei>
        <title>TERADYNE INC COMMON STOCK USD.125</title>
        <cusip>880770102</cusip>
        <identifiers>
          <isin value="US8807701029"/>
          <ticker value="TER US"/>
        </identifiers>
        <balance>314</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>60777.84</valUSD>
        <pctVal>0.0413190941</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>Vz Vendor Financing Ii B.V.</name>
        <lei>N/A</lei>
        <title>VZ VENDOR FINANCING II BV SR UNSECURED REGS 01/29 2.875</title>
        <cusip>BM9454034</cusip>
        <identifiers>
          <isin value="XS2272845798"/>
          <ticker value="ZIGGO"/>
        </identifiers>
        <balance>100000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.850919"/>
        <valUSD>110964.78</valUSD>
        <pctVal>0.0754380903</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>2.875000000000</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>I.M.A. Industria Macchine Automatiche S.P.A. In Sigla Ima S.P.A.</name>
        <lei>N/A</lei>
        <title>IMA INDUSTRIA MACCHINE AUTOMAT SR SECURED REGS 01/28 3.75</title>
        <cusip>BM9457516</cusip>
        <identifiers>
          <isin value="XS2275090749"/>
          <ticker value="IMAIM"/>
        </identifiers>
        <balance>100000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.850919"/>
        <valUSD>117667.02</valUSD>
        <pctVal>0.0799945287</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.750000000000</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>Pop Mart International Group Limited</name>
        <lei>N/A</lei>
        <title>POP MART INTERNATIONAL GROUP L COMMON STOCK USD.0001</title>
        <cusip>BN6PP3905</cusip>
        <identifiers>
          <isin value="KYG7170M1033"/>
          <ticker value="9992 HK"/>
        </identifiers>
        <balance>2568</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.7827"/>
        <valUSD>61957.39</valUSD>
        <pctVal>0.0421209972</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>KE Holdings Inc.</name>
        <lei>N/A</lei>
        <title>KE HOLDINGS INC COMMON STOCK USD.00002</title>
        <cusip>BN7SX9906</cusip>
        <identifiers>
          <isin value="KYG5223Y1089"/>
          <ticker value="2423 HK"/>
        </identifiers>
        <balance>27971</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.7827"/>
        <valUSD>147936.93</valUSD>
        <pctVal>0.1005731682</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>Trivium Packaging Finance B.V.</name>
        <lei>N/A</lei>
        <title>TRIVIUM PACKAGING FINANCE BV SR SECURED REGS 07/30 6.625</title>
        <cusip>YO6702360</cusip>
        <identifiers>
          <isin value="XS3080735726"/>
          <ticker value="TRIVIU"/>
        </identifiers>
        <balance>100000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.850919"/>
        <valUSD>123638.7</valUSD>
        <pctVal>0.0840543046</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>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>alstria office AG</name>
        <lei>N/A</lei>
        <title>ALSTRIA OFFICE AG SR UNSECURED REGS 03/31 5.5</title>
        <cusip>YQ2556831</cusip>
        <identifiers>
          <isin value="XS3025437982"/>
          <ticker value="AOXGR"/>
        </identifiers>
        <balance>200000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.850919"/>
        <valUSD>240348.63</valUSD>
        <pctVal>0.1633981670</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-20</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>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="0.850919"/>
        <valUSD>121090.17</valUSD>
        <pctVal>0.0823217167</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>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="0.850919"/>
        <valUSD>165971.83</valUSD>
        <pctVal>0.1128339812</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>4.550000000000</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-RPL6 TRUST PRET 2025 RPL6 M2 144A</name>
        <lei>N/A</lei>
        <title>PRET 2025-RPL6 TRUST PRET 2025 RPL6 M2 144A</title>
        <cusip>74143YAG3</cusip>
        <identifiers>
          <isin value="US74143YAG35"/>
          <ticker value="PRET"/>
        </identifiers>
        <balance>350000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>300732.67</valUSD>
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      <invstOrSec>
        <name>T. Rowe Price Group Inc.</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>The Procter and Gamble Company</name>
        <lei>2572IBTT8CCZW6AU4141</lei>
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          <ticker value="PG US"/>
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      <invstOrSec>
        <name>Prudential Financial Inc.</name>
        <lei>5PRBRS5FEH7NREC8OR45</lei>
        <title>PRUDENTIAL FINANCIAL INC COMMON STOCK USD.01</title>
        <cusip>744320102</cusip>
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        <assetCat>EC</assetCat>
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        <name>PRPM 2024-8 LLC PRPM 2024 8 A2 144A</name>
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          <isin value="US74448KAB61"/>
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      <invstOrSec>
        <name>PRPM 2024-7 LLC PRPM 2024 7 A2 144A</name>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
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          <maturityDt>2029-11-25</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>Qnity Electronics Inc.</name>
        <lei>N/A</lei>
        <title>QNITY ELECTRONICS INC TERM LOAN B</title>
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          <ticker value="QNTELE"/>
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      <invstOrSec>
        <name>Qnity Electronics Inc.</name>
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        <cusip>74743LAA8</cusip>
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          <maturityDt>2032-08-15</maturityDt>
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      <invstOrSec>
        <name>QUALCOMM Incorporated</name>
        <lei>H1J8DDZKZP6H7RWC0H53</lei>
        <title>QUALCOMM INC COMMON STOCK USD.0001</title>
        <cusip>747525103</cusip>
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          <isin value="US7475251036"/>
          <ticker value="QCOM US"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>ROCK TRUST 2024-CNTR ROCC 2024 CNTR E 144A</name>
        <lei>N/A</lei>
        <title>ROCK TRUST 2024-CNTR ROCC 2024 CNTR E 144A</title>
        <cusip>74970WAJ9</cusip>
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          <ticker value="ROCC"/>
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        <curCd>USD</curCd>
        <valUSD>532039.45</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>SOLD JPY/BOUGHT USD</name>
        <lei>N/A</lei>
        <title>SOLD JPY/BOUGHT USD</title>
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        <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>
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        <assetCat>ABS-O</assetCat>
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          <couponKind>Fixed</couponKind>
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        <name>Avis Budget Rental Car Funding (AESOP) LLC</name>
        <lei>IHXLB8SL0QWSSG2VG640</lei>
        <title>AVIS BUDGET RENTAL CAR FUNDING AESOP 2023 5A D 144A</title>
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          <ticker value="AESOP"/>
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          <couponKind>Fixed</couponKind>
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        <name>BAMLL COMMERCIAL MORTGAGE SECU BAMLL 2019 BPR CNM 144A</name>
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        <title>BAMLL COMMERCIAL MORTGAGE SECU BAMLL 2019 BPR CNM 144A</title>
        <cusip>05492PAG3</cusip>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
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        <name>BAMLL COMMERCIAL MORTGAGE SECU BAMLL 2019 BPR DNM 144A</name>
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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>
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          <ticker value="BGS"/>
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      <invstOrSec>
        <name>LBM Acquisition LLC</name>
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          <ticker value="USLBMH"/>
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        <name>BX TRUST 2025-DELC BX 2025 DELC F 144A</name>
        <lei>N/A</lei>
        <title>BX TRUST 2025-DELC BX 2025 DELC F 144A</title>
        <cusip>05594MAL6</cusip>
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          <ticker value="BX"/>
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        <curCd>USD</curCd>
        <valUSD>285355.97</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
          <annualizedRt>7.907240000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </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>
        <identifiers>
          <isin value="GB0005603997"/>
          <ticker value="LGEN LN"/>
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        <balance>58384</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.741867"/>
        <valUSD>205488.09</valUSD>
        <pctVal>0.1396986422</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>BWX Technologies Inc.</name>
        <lei>549300NP85N265KWMS58</lei>
        <title>BWX TECHNOLOGIES INC COMPANY GUAR 144A 11/30 0.0000</title>
        <cusip>05605HAD2</cusip>
        <identifiers>
          <isin value="US05605HAD26"/>
          <ticker value="BWXT"/>
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        <balance>111000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>105783</valUSD>
        <pctVal>0.0719153186</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>Y</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>BWX Technologies, Inc.</name>
              <title>BWX Technologies, Inc.</title>
              <curCd>USD</curCd>
              <identifiers>
                <isin value="US05605H1005"/>
                <ticker value="BWXT"/>
                <other otherDesc="BLOOMBERG" value="EQ0097099300001000"/>
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          </dbtSecRefInstruments>
          <currencyInfos>
            <currencyInfo convRatio="3.809400000000" curCd="USD"/>
          </currencyInfos>
          <delta>XXXX</delta>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </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>483036.5</valUSD>
        <pctVal>0.3283866387</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>10.756050000000</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>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>6839</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>311448.06</valUSD>
        <pctVal>0.2117342717</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>566588.27</valUSD>
        <pctVal>0.3851883191</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>
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        <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>204238</valUSD>
        <pctVal>0.1388487833</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>Best Buy Co. Inc.</name>
        <lei>HL5XPTVRV0O8TUN5LL90</lei>
        <title>BEST BUY CO INC COMMON STOCK USD.1</title>
        <cusip>086516101</cusip>
        <identifiers>
          <isin value="US0865161014"/>
          <ticker value="BBY US"/>
        </identifiers>
        <balance>1048</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>70142.64</valUSD>
        <pctVal>0.0476856423</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>Boston Properties Limited Partnership</name>
        <lei>BVHHEFJI6SHNOKQT2572</lei>
        <title>BOSTON PROPERTIES LP SR UNSECURED 144A 10/30 2</title>
        <cusip>10112RBM5</cusip>
        <identifiers>
          <isin value="US10112RBM51"/>
          <ticker value="BXP"/>
        </identifiers>
        <balance>101000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>97515.5</valUSD>
        <pctVal>0.0662947567</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>2.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>Y</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>Boston Properties LP</name>
              <title>Boston Properties LP</title>
              <curCd>USD</curCd>
              <identifiers>
                <isin value="US1011211018"/>
                <ticker value="BXP"/>
                <other otherDesc="BLOOMBERG" value="EQ0022527500001000"/>
              </identifiers>
            </dbtSecRefInstrument>
          </dbtSecRefInstruments>
          <currencyInfos>
            <currencyInfo convRatio="10.818000000000" curCd="USD"/>
          </currencyInfos>
          <delta>XXXX</delta>
        </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 10/29 4.55</title>
        <cusip>105340AP8</cusip>
        <identifiers>
          <isin value="US105340AP80"/>
          <ticker value="BDN"/>
        </identifiers>
        <balance>125000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>119301.84</valUSD>
        <pctVal>0.0811059417</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>
        </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>52712.1</valUSD>
        <pctVal>0.0358356963</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>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>80836.33</valUSD>
        <pctVal>0.0549556207</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>
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        <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 01/31 6.125</title>
        <cusip>105340AT0</cusip>
        <identifiers>
          <isin value="US105340AT03"/>
          <ticker value="BDN"/>
        </identifiers>
        <balance>70000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>68052.69</valUSD>
        <pctVal>0.0462648146</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-15</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>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>201879.38</valUSD>
        <pctVal>0.1372453034</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>
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        <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>104021.2</valUSD>
        <pctVal>0.0707175798</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>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </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>26243.78</valUSD>
        <pctVal>0.0178415227</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>94721.24</valUSD>
        <pctVal>0.0643951122</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>
        </debtSec>
        <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>90460.08</valUSD>
        <pctVal>0.0614982131</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>
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      </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>231284.34</valUSD>
        <pctVal>0.1572359169</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>7.400000000000</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>49604.38</valUSD>
        <pctVal>0.0337229497</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>61198.27</valUSD>
        <pctVal>0.0416049184</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 02/31 4.25</title>
        <cusip>1248EPCK7</cusip>
        <identifiers>
          <isin value="US1248EPCK74"/>
          <ticker value="CHTR"/>
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        <balance>75000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>68913.76</valUSD>
        <pctVal>0.0468502028</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>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>
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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 01/34 4.25</title>
        <cusip>1248EPCP6</cusip>
        <identifiers>
          <isin value="US1248EPCP61"/>
          <ticker value="CHTR"/>
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        <balance>130000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>110535.66</valUSD>
        <pctVal>0.0751463582</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-01-15</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>
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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"/>
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        <balance>395000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>361007.16</valUSD>
        <pctVal>0.2454264384</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>
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      <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>966</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>263795.28</valUSD>
        <pctVal>0.1793380941</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 SECURED 144A 07/30 9.75</title>
        <cusip>12597YAC3</cusip>
        <identifiers>
          <isin value="US12597YAC30"/>
          <ticker value="AMBATH"/>
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        <balance>75000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>77681.21</valUSD>
        <pctVal>0.0528106498</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.750000000000</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>CP Atlas Buyer Inc.</name>
        <lei>N/A</lei>
        <title>CP ATLAS BUYER INC SECURED 144A 01/31 12.75</title>
        <cusip>12597YAD1</cusip>
        <identifiers>
          <isin value="US12597YAD13"/>
          <ticker value="AMBATH"/>
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        <balance>60000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>56845.24</valUSD>
        <pctVal>0.0386455626</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>12.750000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>Y</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CSMC 2020-NQM1 TRUST CSMC 2020 NQM1 B1 144A</name>
        <lei>N/A</lei>
        <title>CSMC 2020-NQM1 TRUST CSMC 2020 NQM1 B1 144A</title>
        <cusip>126401AE8</cusip>
        <identifiers>
          <isin value="US126401AE85"/>
          <ticker value="CSMC"/>
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        <balance>445000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>417902.08</valUSD>
        <pctVal>0.2841057753</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2065-05-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.462000000000</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>CVS Health Corporation</name>
        <lei>549300EJG376EN5NQE29</lei>
        <title>CVS HEALTH CORP COMMON STOCK USD.01</title>
        <cusip>126650100</cusip>
        <identifiers>
          <isin value="US1266501006"/>
          <ticker value="CVS US"/>
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        <balance>12444</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>987555.84</valUSD>
        <pctVal>0.6713781315</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>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>
        <identifiers>
          <isin value="US12674GAL86"/>
          <ticker value="COMM"/>
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        <balance>540000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>560421.5</valUSD>
        <pctVal>0.3809959136</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-12-10</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>7.926180000000</annualizedRt>
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          <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>Canadian Imperial Bank of Commerce</name>
        <lei>2IGI19DL77OX0HC3ZE78</lei>
        <title>CANADIAN IMPERIAL BANK OF COMM COMMON STOCK</title>
        <cusip>136069101</cusip>
        <identifiers>
          <isin value="CA1360691010"/>
          <ticker value="CM CN"/>
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        <balance>7584</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.37255"/>
        <valUSD>687535.7</valUSD>
        <pctVal>0.4674129957</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>
        <name>Canadian Tire Corporation Limited</name>
        <lei>549300RLHDA7VQYMUB14</lei>
        <title>CANADIAN TIRE CORP LTD COMMON STOCK</title>
        <cusip>136681202</cusip>
        <identifiers>
          <isin value="CA1366812024"/>
          <ticker value="CTC/A CN"/>
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        <balance>5139</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.37255"/>
        <valUSD>651253.26</valUSD>
        <pctVal>0.4427468089</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Canadian Utilities Limited</name>
        <lei>LWV4QIQODEH3VBHUFX07</lei>
        <title>CANADIAN UTILITIES LTD COMMON STOCK</title>
        <cusip>136717832</cusip>
        <identifiers>
          <isin value="CA1367178326"/>
          <ticker value="CU CN"/>
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        <balance>21122</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.37255"/>
        <valUSD>657566.62</valUSD>
        <pctVal>0.4470388719</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>
        <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>
        <identifiers>
          <isin value="US14312KAS87"/>
          <ticker value="CGMS"/>
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        <balance>570000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>548357.67</valUSD>
        <pctVal>0.3727944618</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-04-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.134440000000</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>Caterpillar Inc.</name>
        <lei>WRJR7GS4GTRECRRTVX92</lei>
        <title>CATERPILLAR INC COMMON STOCK USD1.0</title>
        <cusip>149123101</cusip>
        <identifiers>
          <isin value="US1491231015"/>
          <ticker value="CAT US"/>
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        <balance>132</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>75618.84</valUSD>
        <pctVal>0.0514085720</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>Celanese US Holdings LLC</name>
        <lei>N/A</lei>
        <title>CELANESE US HOLDINGS LLC COMPANY GUAR 02/31 7</title>
        <cusip>15089QBC7</cusip>
        <identifiers>
          <isin value="US15089QBC78"/>
          <ticker value="CE"/>
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        <balance>55000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>56312.51</valUSD>
        <pctVal>0.0382833924</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>7.000000000000</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>Cenovus Energy Inc.</name>
        <lei>N/A</lei>
        <title>CENOVUS ENERGY INC COMMON STOCK</title>
        <cusip>15135U109</cusip>
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          <isin value="CA15135U1093"/>
          <ticker value="CVE US"/>
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        <balance>36759</balance>
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        <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>
        <name>Chevron Corporation</name>
        <lei>N/A</lei>
        <title>CHEVRON CORP COMMON STOCK USD.75</title>
        <cusip>166764100</cusip>
        <identifiers>
          <isin value="US1667641005"/>
          <ticker value="CVX US"/>
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        <balance>7329</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1117012.89</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>Cinemark USA Inc.</name>
        <lei>54930008H2137JSCPQ09</lei>
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        <cusip>172441BF3</cusip>
        <identifiers>
          <isin value="US172441BF30"/>
          <ticker value="CNK"/>
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        <balance>40000</balance>
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        <curCd>USD</curCd>
        <valUSD>39995.58</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>2028-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.250000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <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"/>
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        <balance>50000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>51885.1</valUSD>
        <pctVal>0.0352734702</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <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"/>
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        <balance>14482</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1115548.46</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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      <invstOrSec>
        <name>Citizens Financial Group Inc.</name>
        <lei>N/A</lei>
        <title>CITIZENS FINANCIAL GROUP INC COMMON STOCK USD.01</title>
        <cusip>174610105</cusip>
        <identifiers>
          <isin value="US1746101054"/>
          <ticker value="CFG US"/>
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        <balance>10781</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>629718.21</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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      <invstOrSec>
        <name>Clear Channel Outdoor Holdings Inc.</name>
        <lei>N/A</lei>
        <title>CLEAR CHANNEL OUTDOOR HOLDINGS SR SECURED 144A 04/30 7.875</title>
        <cusip>18453HAF3</cusip>
        <identifiers>
          <isin value="US18453HAF38"/>
          <ticker value="CCO"/>
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        <balance>150000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>157978.95</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>2030-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.875000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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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>
        <identifiers>
          <isin value="US279158AW93"/>
          <ticker value="ECOPET"/>
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        <balance>125000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>128636.25</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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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <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>4089</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>245421.78</valUSD>
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        <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>Emera Incorporated</name>
        <lei>NQZVQT2P5IUF2PGA1Q48</lei>
        <title>EMERA INC COMMON STOCK</title>
        <cusip>290876101</cusip>
        <identifiers>
          <isin value="CA2908761018"/>
          <ticker value="EMA CN"/>
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        <balance>13321</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.37255"/>
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        <pctVal>0.4462906420</pctVal>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
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          <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"/>
          <ticker value="EN FP"/>
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        <balance>8973</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.850919"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>Veolia Environnement SA</name>
        <lei>N/A</lei>
        <title>VEOLIA ENVIRONNEMENT SA COMMON STOCK EUR5.0</title>
        <cusip>403187909</cusip>
        <identifiers>
          <isin value="FR0000124141"/>
          <ticker value="VIE FP"/>
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        <balance>10089</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.850919"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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        <securityLending>
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      <invstOrSec>
        <name>HTL COMMERCIAL MORTGAGE TRUST HTL 2024 T53 E 144A</name>
        <lei>N/A</lei>
        <title>HTL COMMERCIAL MORTGAGE TRUST HTL 2024 T53 E 144A</title>
        <cusip>404300AJ4</cusip>
        <identifiers>
          <isin value="US404300AJ42"/>
          <ticker value="HTL"/>
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        <balance>300000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>309511.83</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>JPMBB COMMERCIAL MORTGAGE SECU JPMBB 2014 C22 C</name>
        <lei>N/A</lei>
        <title>JPMBB COMMERCIAL MORTGAGE SECU JPMBB 2014 C22 C</title>
        <cusip>46642NBK1</cusip>
        <identifiers>
          <isin value="US46642NBK19"/>
          <ticker value="JPMBB"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>531083.05</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <couponKind>Variable</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>JPMBB Commercial Mortgage Securities Trust 2014-C23</name>
        <lei>N/A</lei>
        <title>JPMBB COMMERCIAL MORTGAGE SECU JPMBB 2014 C23 D 144A</title>
        <cusip>46643AAG8</cusip>
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          <isin value="US46643AAG85"/>
          <ticker value="JPMBB"/>
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        <curCd>USD</curCd>
        <valUSD>153478.17</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>Kimberly-Clark Corporation</name>
        <lei>MP3J6QPYPGN75NVW2S34</lei>
        <title>KIMBERLY-CLARK CORP COMMON STOCK USD1.25</title>
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          <ticker value="KMB US"/>
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        <curCd>USD</curCd>
        <valUSD>140237.1</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>The Kraft Heinz Company</name>
        <lei>N/A</lei>
        <title>KRAFT HEINZ CO/THE COMMON STOCK USD.01</title>
        <cusip>500754106</cusip>
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          <isin value="US5007541064"/>
          <ticker value="KHC US"/>
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        <curCd>USD</curCd>
        <valUSD>485703.25</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <securityLending>
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        <name>LBM Acquisition LLC</name>
        <lei>N/A</lei>
        <title>LBM ACQUISITION LLC 2024 INCREMENTAL TERM LOAN B</title>
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          <ticker value="USLBMH"/>
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        <curCd>USD</curCd>
        <valUSD>92693.93</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
          <annualizedRt>7.584</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>UPM-Kymmene Oyj</name>
        <lei>N/A</lei>
        <title>UPM-KYMMENE OYJ COMMON STOCK</title>
        <cusip>505125906</cusip>
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          <isin value="FI0009005987"/>
          <ticker value="UPM FH"/>
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        <currencyConditional curCd="EUR" exchangeRt="0.850919"/>
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        <pctVal>0.1501740506</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Allianz SE</name>
        <lei>N/A</lei>
        <title>ALLIANZ SE COMMON STOCK</title>
        <cusip>523148906</cusip>
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          <isin value="DE0008404005"/>
          <ticker value="ALV GR"/>
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        <balance>2050</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.850919"/>
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        <pctVal>0.6444003931</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>The Sage Group PLC.</name>
        <lei>N/A</lei>
        <title>SAGE GROUP PLC/THE COMMON STOCK GBP.01051948</title>
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          <isin value="GB00B8C3BL03"/>
          <ticker value="SGE LN"/>
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        <pctVal>0.2613073079</pctVal>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Talanx Aktiengesellschaft</name>
        <lei>N/A</lei>
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          <ticker value="TLX GR"/>
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        <pctVal>0.0440707662</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>China Galaxy Securities Co. Ltd</name>
        <lei>N/A</lei>
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        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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      <invstOrSec>
        <name>CDandR Firefly Bidco PLC</name>
        <lei>N/A</lei>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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      <invstOrSec>
        <name>National Grid plc</name>
        <lei>8R95QZMKZLJX5Q2XR704</lei>
        <title>NATIONAL GRID PLC COMMON STOCK GBP.1243129</title>
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          <isin value="GB00BDR05C01"/>
          <ticker value="NG/ LN"/>
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        <currencyConditional curCd="GBP" exchangeRt="0.741867"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <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>
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          <isin value="TW0006669005"/>
          <ticker value="6669 TT"/>
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        <balance>669</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="31.4205"/>
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        <pctVal>0.0647954689</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>
        <name>WuXi AppTec Co. Ltd.</name>
        <lei>N/A</lei>
        <title>WUXI APPTEC CO LTD COMMON STOCK CNY1.0</title>
        <cusip>BGHH0L903</cusip>
        <identifiers>
          <isin value="CNE100003F19"/>
          <ticker value="2359 HK"/>
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        <balance>5009</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.7827"/>
        <valUSD>63516.96</valUSD>
        <pctVal>0.0431812523</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>
        <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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        <balance>30413</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.741867"/>
        <valUSD>301083.93</valUSD>
        <pctVal>0.2046883408</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>New Immo Holding</name>
        <lei>N/A</lei>
        <title>NEW IMMO HOLDING SA SR UNSECURED REGS 07/27 3.25</title>
        <cusip>BK4723809</cusip>
        <identifiers>
          <isin value="FR0013524865"/>
          <ticker value="CEETRU"/>
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        <balance>100000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.850919"/>
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        <pctVal>0.0796897777</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.250000000000</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>Alibaba Group Holding Limited</name>
        <lei>5493001NTNQJDH60PM02</lei>
        <title>ALIBABA GROUP HOLDING LTD COMMON STOCK USD.000003125</title>
        <cusip>BK6YZP902</cusip>
        <identifiers>
          <isin value="KYG017191142"/>
          <ticker value="9988 HK"/>
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        <balance>3238</balance>
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        <currencyConditional curCd="HKD" exchangeRt="7.7827"/>
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        <pctVal>0.0404182677</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>JD.com Inc.</name>
        <lei>549300HVTWB0GJZ16V92</lei>
        <title>JD.COM INC COMMON STOCK USD.00002</title>
        <cusip>BKPQZT900</cusip>
        <identifiers>
          <isin value="KYG8208B1014"/>
          <ticker value="9618 HK"/>
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        <balance>8166</balance>
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        <currencyConditional curCd="HKD" exchangeRt="7.7827"/>
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        <pctVal>0.0798271390</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>
        <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"/>
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        <balance>4027</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>440996.77</valUSD>
        <pctVal>0.2998064266</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>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"/>
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        <balance>260000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>260069.58</valUSD>
        <pctVal>0.1768052211</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>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </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"/>
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        <balance>550000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>507982.86</valUSD>
        <pctVal>0.3453461258</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>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Pret 2025-NPL11 LLC</name>
        <lei>N/A</lei>
        <title>PRET 2025-NPL11 LLC PRET 2025 NPL11 A2 144A</title>
        <cusip>69383AAB5</cusip>
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          <isin value="US69383AAB52"/>
          <ticker value="PRET"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-10-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>7.021300000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>PRET 2025-NPL12 LLC</name>
        <lei>N/A</lei>
        <title>PRET 2025-NPL12 LLC PRET 2025 NPL12 A2 144A</title>
        <cusip>69383CAB1</cusip>
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          <ticker value="PRET"/>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <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"/>
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        <curCd>USD</curCd>
        <valUSD>290705.98</valUSD>
        <pctVal>0.1976330145</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>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PRET 2025-NPL10 LLC PRET 2025 NPL10 A2 144A</name>
        <lei>N/A</lei>
        <title>PRET 2025-NPL10 LLC PRET 2025 NPL10 A2 144A</title>
        <cusip>69392WAB6</cusip>
        <identifiers>
          <isin value="US69392WAB63"/>
          <ticker value="PRET"/>
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        <balance>225000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>224832.92</valUSD>
        <pctVal>0.1528499955</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-10-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>7.264000000000</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>PRET 2025-NPL14 LLC PRET 2025 NPL14 A2 144A</name>
        <lei>N/A</lei>
        <title>PRET 2025-NPL14 LLC PRET 2025 NPL14 A2 144A</title>
        <cusip>69393CAB9</cusip>
        <identifiers>
          <isin value="US69393CAB90"/>
          <ticker value="PRET"/>
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        <curCd>USD</curCd>
        <valUSD>289999.3</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2055-12-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.778600000000</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>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"/>
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        <balance>225000</balance>
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        <curCd>USD</curCd>
        <valUSD>219418.79</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>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.250000000000</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>
      <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>56655.94</valUSD>
        <pctVal>0.0385168692</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>
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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>20641.1</valUSD>
        <pctVal>0.0140326072</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>
          <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>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>855047.13</valUSD>
        <pctVal>0.5812936557</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"/>
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        <balance>3239</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>158516.66</valUSD>
        <pctVal>0.1077656723</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>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"/>
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        <balance>84000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>83466.06</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>2027-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.250000000000</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>
      <invstOrSec>
        <name>ALLIANT HOLDINGS INTERMEDIATE SR SECURED 144A 04/28 6.75</name>
        <lei>N/A</lei>
        <title>ALLIANT HOLDINGS INTERMEDIATE SR SECURED 144A 04/28 6.75</title>
        <cusip>01883LAE3</cusip>
        <identifiers>
          <isin value="US01883LAE39"/>
          <ticker value="ALIANT"/>
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        <balance>50000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>50908.77</valUSD>
        <pctVal>0.0346097238</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-15</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>
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      <invstOrSec>
        <name>ALLIANT HOLDINGS INTERMEDIATE SR SECURED 144A 01/31 7</name>
        <lei>N/A</lei>
        <title>ALLIANT HOLDINGS INTERMEDIATE SR SECURED 144A 01/31 7</title>
        <cusip>01883LAF0</cusip>
        <identifiers>
          <isin value="US01883LAF04"/>
          <ticker value="ALIANT"/>
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        <balance>30000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>31124.26</valUSD>
        <pctVal>0.0211594592</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.000000000000</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>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>444</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>475230.96</valUSD>
        <pctVal>0.3230801348</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>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>2317</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>156351.16</valUSD>
        <pctVal>0.1062934828</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>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"/>
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        <balance>9429</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>508600.26</valUSD>
        <pctVal>0.3457658579</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>Broadcom Inc.</name>
        <lei>N/A</lei>
        <title>BROADCOM INC COMMON STOCK</title>
        <cusip>11135F101</cusip>
        <identifiers>
          <isin value="US11135F1012"/>
          <ticker value="AVGO US"/>
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        <balance>614</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>212505.4</valUSD>
        <pctVal>0.1444692772</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>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"/>
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        <balance>115000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>107844.34</valUSD>
        <pctVal>0.0733166962</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>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Ecopetrol S.A.</name>
        <lei>N/A</lei>
        <title>ECOPETROL SA SR UNSECURED 01/36 8.375</title>
        <cusip>279158AV1</cusip>
        <identifiers>
          <isin value="US279158AV11"/>
          <ticker value="ECOPET"/>
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        <balance>50000</balance>
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        <curCd>USD</curCd>
        <valUSD>51439.04</valUSD>
        <pctVal>0.0349702216</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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        <securityLending>
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      <invstOrSec>
        <name>HP Inc.</name>
        <lei>WHKXQACZ14C5XRO8LW03</lei>
        <title>HP INC COMMON STOCK USD.01</title>
        <cusip>40434L105</cusip>
        <identifiers>
          <isin value="US40434L1052"/>
          <ticker value="HPQ US"/>
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        <balance>25751</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>573732.28</valUSD>
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        <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>JPMBB COMMERCIAL MORTGAGE SECU JPMBB 2015 C28 D 144A</name>
        <lei>N/A</lei>
        <title>JPMBB COMMERCIAL MORTGAGE SECU JPMBB 2015 C28 D 144A</title>
        <cusip>46644FAX9</cusip>
        <identifiers>
          <isin value="US46644FAX96"/>
          <ticker value="JPMBB"/>
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        <balance>285000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>260216.4</valUSD>
        <pctVal>0.1769050350</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-10-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.783045000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Johnson Controls International Public Limited Company</name>
        <lei>549300XQ6S1GYKGBL205</lei>
        <title>JOHNSON CONTROLS INTERNATIONAL COMMON STOCK USD.01</title>
        <cusip>478366107</cusip>
        <identifiers>
          <isin value="IE00BY7QL619"/>
          <ticker value="JCI US"/>
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        <balance>563</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>67419.25</valUSD>
        <pctVal>0.0458341779</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>Schneider Electric SE</name>
        <lei>N/A</lei>
        <title>SCHNEIDER ELECTRIC SE COMMON STOCK EUR4.0</title>
        <cusip>483410007</cusip>
        <identifiers>
          <isin value="FR0000121972"/>
          <ticker value="SU FP"/>
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        <balance>330</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.850919"/>
        <valUSD>90279.83</valUSD>
        <pctVal>0.0613756723</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>SAP SE</name>
        <lei>N/A</lei>
        <title>SAP SE COMMON STOCK</title>
        <cusip>484628904</cusip>
        <identifiers>
          <isin value="DE0007164600"/>
          <ticker value="SAP GR"/>
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        <balance>654</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.850919"/>
        <valUSD>158901.42</valUSD>
        <pctVal>0.1080272468</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>CDS Oracle Corporation P 100 20301220</name>
        <lei>N/A</lei>
        <title>CDS Oracle Corporation P 100 20301220</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Custodian Identifier" value="99D11NDY7"/>
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        <balance>300000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5693.28</valUSD>
        <pctVal>0.0038705089</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>Intercontinental Exchange</counterpartyName>
              <counterpartyLei>5493000F4ZO33MV32P92</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Oracle Corp.</issuerName>
                <issueTitle>Oracle Corp.</issueTitle>
                <identifiers>
                  <isin value="US68389XBN49"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <otherRecDesc fixedOrFloating="Other">Buying protection on reference asset</otherRecDesc>
            <fixedPmntDesc amount="83.33" curCd="USD" fixedOrFloating="Fixed" fixedRt="1.000000000000"/>
            <terminationDt>2030-12-20</terminationDt>
            <upfrontPmnt>0.000000000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>5257.690000000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>300000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>10950.97</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CDS HSBC HOLDINGS plc P 100 20301220</name>
        <lei>N/A</lei>
        <title>CDS HSBC HOLDINGS plc P 100 20301220</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Custodian Identifier" value="99D11OCV2"/>
        </identifiers>
        <balance>250000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.850919"/>
        <valUSD>-2387.8</valUSD>
        <pctVal>-0.0016233175</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>
            </counterparties>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>HSBC Holdings PLC</issuerName>
                <issueTitle>HSBC Holdings PLC</issueTitle>
                <identifiers>
                  <other otherDesc="RED NUMBER" value="4E46A8AB6"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <otherRecDesc fixedOrFloating="Other">Buying protection on reference asset</otherRecDesc>
            <fixedPmntDesc amount="81.61" curCd="USD" fixedOrFloating="Fixed" fixedRt="1.000000000000"/>
            <terminationDt>2030-12-20</terminationDt>
            <upfrontPmnt>0.000000000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>1642.920000000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>250000</notionalAmt>
            <curCd>EUR</curCd>
            <unrealizedAppr>-744.88</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CDS Stellantis N.V. P 500 20301220</name>
        <lei>N/A</lei>
        <title>CDS Stellantis N.V. P 500 20301220</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Custodian Identifier" value="99D11NAM6"/>
        </identifiers>
        <balance>225000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.850919"/>
        <valUSD>-43721.16</valUSD>
        <pctVal>-0.0297233124</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>Intercontinental Exchange</counterpartyName>
              <counterpartyLei>5493000F4ZO33MV32P92</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Stellantis N.V.</issuerName>
                <issueTitle>Stellantis N.V.</issueTitle>
                <identifiers>
                  <isin value="XS2325733413"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <otherRecDesc fixedOrFloating="Other">Buying protection on reference asset</otherRecDesc>
            <fixedPmntDesc amount="367.25" curCd="USD" fixedOrFloating="Fixed" fixedRt="5.000000000000"/>
            <terminationDt>2030-12-20</terminationDt>
            <upfrontPmnt>0.000000000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>38852.180000000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>225000</notionalAmt>
            <curCd>EUR</curCd>
            <unrealizedAppr>-4868.98</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CDS VOLKSWAGEN AKTIENGESELLSCHAFT P 100 20301220</name>
        <lei>N/A</lei>
        <title>CDS VOLKSWAGEN AKTIENGESELLSCHAFT P 100 20301220</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Custodian Identifier" value="99D11MED4"/>
        </identifiers>
        <balance>250000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.850919"/>
        <valUSD>-1348.95</valUSD>
        <pctVal>-0.0009170677</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="XS1586555945"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <otherRecDesc fixedOrFloating="Other">Buying protection on reference asset</otherRecDesc>
            <fixedPmntDesc amount="81.61" curCd="USD" fixedOrFloating="Fixed" fixedRt="1.000000000000"/>
            <terminationDt>2030-12-20</terminationDt>
            <upfrontPmnt>1075.760000000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.000000000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>250000</notionalAmt>
            <curCd>EUR</curCd>
            <unrealizedAppr>-2424.71</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>2026-01-29</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>
