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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <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>Invitation Homes Trust</name>
        <lei>N/A</lei>
        <title>Invitation Homes 2018-SFR2 Trust</title>
        <cusip>46185HAA0</cusip>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2511750.280000000000</valUSD>
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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>2037-06-17</maturityDt>
          <couponKind>Floating</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Invitation Homes Trust</name>
        <lei>N/A</lei>
        <title>Invitation Homes 2017-SFR2 Trust</title>
        <cusip>46187BAA1</cusip>
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        <curCd>USD</curCd>
        <valUSD>1496126.680000000000</valUSD>
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        <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>Floating</couponKind>
          <annualizedRt>2.587380000000</annualizedRt>
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          <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>Invitation Homes Trust</name>
        <lei>N/A</lei>
        <title>Invitation Homes 2018-SFR3 Trust</title>
        <cusip>46187VAA7</cusip>
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          <isin value="US46187VAA70"/>
          <ticker value="IHSFR"/>
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        <curCd>USD</curCd>
        <valUSD>2877065.990000000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-17</maturityDt>
          <couponKind>Floating</couponKind>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Invitation Homes Trust</name>
        <lei>N/A</lei>
        <title>Invitation Homes 2018-SFR4 Trust</title>
        <cusip>46187XAA3</cusip>
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          <isin value="US46187XAA37"/>
          <ticker value="IHSFR"/>
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        <curCd>USD</curCd>
        <valUSD>2233780.050000000000</valUSD>
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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>Floating</couponKind>
          <annualizedRt>2.837380000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JP Morgan Chase Commercial Mor</name>
        <lei>N/A</lei>
        <title>J.P. Morgan Chase Commercial Mortgage Securities Trust 2018-BCON</title>
        <cusip>46590WAA6</cusip>
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          <isin value="US46590WAA62"/>
          <ticker value="JPMCC"/>
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        <curCd>USD</curCd>
        <valUSD>3765641.120000000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-05</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>JPMORGAN CHASE &amp; CO</name>
        <lei>8I5DZWZKVSZI1NUHU748</lei>
        <title>JPMorgan Chase and Co</title>
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          <isin value="US46625HJE18"/>
          <ticker value="JPM"/>
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        <curCd>USD</curCd>
        <valUSD>1619221.010000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-09-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.250000000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>JPMORGAN CHASE &amp; CO</name>
        <lei>8I5DZWZKVSZI1NUHU748</lei>
        <title>JPMorgan Chase and Co</title>
        <cusip>46625HJH4</cusip>
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          <isin value="US46625HJH49"/>
          <ticker value="JPM"/>
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        <balance>7345000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7580361.560000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>3.200000000000</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>JP Morgan Chase Commercial Mor</name>
        <lei>N/A</lei>
        <title>JP Morgan Chase Commercial Mortgage Securities Trust 2010-C2</title>
        <cusip>46635GAE0</cusip>
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          <isin value="US46635GAE08"/>
          <ticker value="JPMCC"/>
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        <balance>3748061.940000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3767988.140000000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.069800000000</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>JPMBB Commercial Mortgage Secu</name>
        <lei>N/A</lei>
        <title>JPMBB Commercial Mortgage Securities Trust 2014-C23</title>
        <cusip>46643ABF9</cusip>
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          <isin value="US46643ABF93"/>
          <ticker value="JPMBB"/>
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        <balance>2766726.510000000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</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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        <securityLending>
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      <invstOrSec>
        <name>JP Morgan Mortgage Trust</name>
        <lei>N/A</lei>
        <title>JP Morgan Mortgage Trust 2016-1</title>
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          <isin value="US46646BAE83"/>
          <ticker value="JPMMT"/>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</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>JP Morgan Mortgage Trust</name>
        <lei>N/A</lei>
        <title>JP Morgan Mortgage Trust 2017-2</title>
        <cusip>46648HAE3</cusip>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>JP Morgan Mortgage Trust</name>
        <lei>N/A</lei>
        <title>JP Morgan Mortgage Trust 2018-1</title>
        <cusip>46648RAE1</cusip>
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          <isin value="US46648RAE18"/>
          <ticker value="JPMMT"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>JP Morgan Mortgage Trust</name>
        <lei>N/A</lei>
        <title>JP MORGAN MORTGAGE TRUST 2018-5</title>
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          <isin value="US46649KAE55"/>
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      <invstOrSec>
        <name>JP Morgan Mortgage Trust</name>
        <lei>N/A</lei>
        <title>JP Morgan Mortgage Trust 2018-9</title>
        <cusip>46649YAE5</cusip>
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          <isin value="US46649YAE59"/>
          <ticker value="JPMMT"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>JP Morgan Mortgage Trust</name>
        <lei>N/A</lei>
        <title>JP Morgan Mortgage Trust 2018-9</title>
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        <debtSec>
          <maturityDt>2049-02-25</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>JP Morgan Mortgage Trust</name>
        <lei>N/A</lei>
        <title>JP Morgan Mortgage Trust 2018-8</title>
        <cusip>46650MAE7</cusip>
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          <ticker value="JPMMT"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-01-25</maturityDt>
          <couponKind>Variable</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>KILROY REALTY LP</name>
        <lei>5493008CT3N3JR7P1552</lei>
        <title>Kilroy Realty LP</title>
        <cusip>49427RAJ1</cusip>
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          <isin value="US49427RAJ14"/>
          <ticker value="KRC"/>
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        <curCd>USD</curCd>
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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>2023-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.800000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Ladder Capital Commercial Mort</name>
        <lei>N/A</lei>
        <title>Ladder Capital Commercial Mortgage 2013-GCP Mortgage Trust</title>
        <cusip>50184BAA6</cusip>
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          <isin value="US50184BAA61"/>
          <ticker value="LCCM"/>
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        <balance>2650000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2755825.900000000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>L3HARRIS TECH INC</name>
        <lei>549300UTE50ZMDBG8A20</lei>
        <title>L3Harris Technologies Inc</title>
        <cusip>502431AA7</cusip>
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          <isin value="US502431AA77"/>
          <ticker value="LHX"/>
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        <curCd>USD</curCd>
        <valUSD>1029709.560000000000</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>2021-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.950000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MVW Owner Trust</name>
        <lei>N/A</lei>
        <title>MVW Owner Trust 2019-1</title>
        <cusip>55389PAA7</cusip>
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          <isin value="US55389PAA75"/>
          <ticker value="MVWOT"/>
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        <balance>1827375.030000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1850340.380000000000</valUSD>
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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>2036-11-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.890000000000</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>MVW Owner Trust</name>
        <lei>N/A</lei>
        <title>MVW 2019-2 LLC</title>
        <cusip>55400DAA9</cusip>
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          <isin value="US55400DAA90"/>
          <ticker value="MVWOT"/>
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        <balance>2292266.760000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2277916.020000000000</valUSD>
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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>2038-10-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.220000000000</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>MASSACHUSETTS ST WTR RESOURCES</name>
        <lei>549300GBS2G3YGHOYO19</lei>
        <title>Massachusetts Water Resources Authority</title>
        <cusip>576051VY9</cusip>
        <identifiers>
          <isin value="US576051VY93"/>
          <ticker value="MASWTR"/>
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        <balance>4630000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4586246.500000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.083000000000</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>MCDONALD'S CORP</name>
        <lei>UE2136O97NLB5BYP9H04</lei>
        <title>McDonald's Corp</title>
        <cusip>58013MEX8</cusip>
        <identifiers>
          <isin value="US58013MEX83"/>
          <ticker value="MCD"/>
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        <balance>2330000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2345940.830000000000</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>2020-12-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.750000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MET LIFE GLOB FUNDING I</name>
        <lei>635400MMSOCXNNNZDZ82</lei>
        <title>Metropolitan Life Global Funding I</title>
        <cusip>59217GCS6</cusip>
        <identifiers>
          <isin value="US59217GCS66"/>
          <ticker value="MET"/>
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        <balance>2070000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2128244.650000000000</valUSD>
        <pctVal>0.2582364944</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-01-11</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MIAMI-DADE CNTY FL AVIATION RE</name>
        <lei>N/A</lei>
        <title>County of Miami-Dade FL Aviation Revenue</title>
        <cusip>59333PV21</cusip>
        <identifiers>
          <isin value="US59333PV215"/>
          <ticker value="MIATRN"/>
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        <balance>1350000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1360935.000000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.368000000000</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>MICROSOFT CORP</name>
        <lei>INR2EJN1ERAN0W5ZP974</lei>
        <title>Microsoft Corp</title>
        <cusip>594918BW3</cusip>
        <identifiers>
          <isin value="US594918BW38"/>
          <ticker value="MSFT"/>
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        <balance>1180000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1196680.830000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-02-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.400000000000</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>Morgan Stanley Capital I Trust</name>
        <lei>N/A</lei>
        <title>Morgan Stanley Capital I Trust 2017-CLS</title>
        <cusip>61691LAA7</cusip>
        <identifiers>
          <isin value="US61691LAA70"/>
          <ticker value="MSC"/>
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        <balance>2785000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2778024.690000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-11-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.439750000000</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>MORGAN STANLEY</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>Morgan Stanley</title>
        <cusip>61744YAN8</cusip>
        <identifiers>
          <isin value="US61744YAN85"/>
          <ticker value="MS"/>
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        <balance>5840000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6004021.250000000000</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>2023-01-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.125000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NCUA Guaranteed Notes</name>
        <lei>N/A</lei>
        <title>NCUA Guaranteed Notes Trust 2010-R1</title>
        <cusip>62888VAA6</cusip>
        <identifiers>
          <isin value="US62888VAA61"/>
          <ticker value="NGN"/>
        </identifiers>
        <balance>68036.610000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>68162.300000000000</valUSD>
        <pctVal>0.0082706626</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-10-07</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.163130000000</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>NCUA Guaranteed Notes</name>
        <lei>N/A</lei>
        <title>NCUA Guaranteed Notes Trust 2011-R2</title>
        <cusip>62889CAA7</cusip>
        <identifiers>
          <isin value="US62889CAA71"/>
          <ticker value="NGN"/>
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        <balance>986799.890000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>986799.500000000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-02-06</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.113130000000</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>NCUA Guaranteed Notes</name>
        <lei>N/A</lei>
        <title>NCUA Guaranteed Notes Trust 2011-R3</title>
        <cusip>62889EAA3</cusip>
        <identifiers>
          <isin value="US62889EAA38"/>
          <ticker value="NGN"/>
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        <balance>621921.560000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>621921.120000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-03-11</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.117630000000</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>NEBRASKA ST PUBLIC PWR DIST RE</name>
        <lei>5493001J0BLQRMOJKP23</lei>
        <title>Nebraska Public Power District</title>
        <cusip>63968A2A2</cusip>
        <identifiers>
          <isin value="US63968A2A25"/>
          <ticker value="NESPWR"/>
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        <balance>1700000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1697025.000000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.216000000000</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>New Residential Mortgage Loan</name>
        <lei>N/A</lei>
        <title>New Residential Mortgage Loan Trust 2014-2</title>
        <cusip>64828YAR2</cusip>
        <identifiers>
          <isin value="US64828YAR27"/>
          <ticker value="NRZT"/>
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        <balance>830339.110000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>854002.860000000000</valUSD>
        <pctVal>0.1036228165</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-05-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.750000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>New Residential Mortgage Loan</name>
        <lei>549300RCJSGOC0A85G53</lei>
        <title>New Residential Mortgage Loan Trust 2015-1</title>
        <cusip>64829CAD0</cusip>
        <identifiers>
          <isin value="US64829CAD02"/>
          <ticker value="NRZT"/>
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        <balance>919373.930000000000</balance>
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        <name>SMB Private Education Loan Tru</name>
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      <invstOrSec>
        <name>SAUDI ARABIAN OIL CO</name>
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        <name>Sequoia Mortgage Trust</name>
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        <name>STIT - Government &amp; Agency Por</name>
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        <name>Sierra Receivables Funding Co</name>
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        <name>SPRUCE HILL MORTGAGE LOAN TRUS</name>
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        <name>Starwood Waypoint Homes Trust</name>
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        <name>Synchrony Card Issuance Trust</name>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.380000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TCF Auto Receivables Owner Tru</name>
        <lei>N/A</lei>
        <title>TCF Auto Receivables Owner Trust 2016-PT1</title>
        <cusip>87226VAA4</cusip>
        <identifiers>
          <isin value="US87226VAA44"/>
          <ticker value="TCFAT"/>
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        <balance>598144.030000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>597444.980000000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.930000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>321 Henderson Receivables LLC</name>
        <lei>N/A</lei>
        <title>321 Henderson Receivables I LLC</title>
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          <isin value="US88576NAA63"/>
          <ticker value="HENDR"/>
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        <balance>708716.500000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>701117.000000000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-03-15</maturityDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>321 Henderson Receivables LLC</name>
        <lei>N/A</lei>
        <title>321 Henderson Receivables I LLC</title>
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          <isin value="US88576NAG34"/>
          <ticker value="HENDR"/>
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        <balance>771153.690000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>763987.280000000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-12-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.939750000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>321 Henderson Receivables LLC</name>
        <lei>N/A</lei>
        <title>321 Henderson Receivables I LLC</title>
        <cusip>88576PAC7</cusip>
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          <isin value="US88576PAC77"/>
          <ticker value="HENDR"/>
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        <balance>119684.410000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>117587.410000000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-09-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.089750000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>TRANSCANADA PIPELINES</name>
        <lei>5BV01I6231JPDAPMGH09</lei>
        <title>TransCanada PipeLines Ltd</title>
        <cusip>893526DM2</cusip>
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          <isin value="US893526DM20"/>
          <ticker value="TRPCN"/>
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        <balance>1500000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1516046.150000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.500000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Tricon American Homes</name>
        <lei>N/A</lei>
        <title>Tricon American Homes 2017-SFR1 Trust</title>
        <cusip>89613DAA1</cusip>
        <identifiers>
          <isin value="US89613DAA19"/>
          <ticker value="TAH"/>
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        <balance>2821641.510000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2820732.380000000000</valUSD>
        <pctVal>0.3422614225</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-09-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.716000000000</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>TYSON FOODS INC</name>
        <lei>WD6L6041MNRW1JE49D58</lei>
        <title>Tyson Foods Inc</title>
        <cusip>902494AT0</cusip>
        <identifiers>
          <isin value="US902494AT07"/>
          <ticker value="TSN"/>
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        <balance>1365000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1437284.750000000000</valUSD>
        <pctVal>0.1743969497</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-06-15</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>
        <name>UNION PACIFIC CORP</name>
        <lei>549300LMMRSZZCZ8CL11</lei>
        <title>Union Pacific Corp</title>
        <cusip>907818FA1</cusip>
        <identifiers>
          <isin value="US907818FA19"/>
          <ticker value="UNP"/>
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        <balance>1525000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1587662.390000000000</valUSD>
        <pctVal>0.1926434397</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.150000000000</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>
      <invstOrSec>
        <name>US TREASURY N/B</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Note/Bond</title>
        <cusip>912810ET1</cusip>
        <identifiers>
          <isin value="US912810ET17"/>
          <ticker value="T"/>
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        <balance>1500000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1933828.130000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.625000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>US TREASURY N/B</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Note/Bond</title>
        <cusip>9128283C2</cusip>
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          <isin value="US9128283C28"/>
          <ticker value="T"/>
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        <balance>4060000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4104564.830000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-10-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>US TREASURY N/B</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Note/Bond</title>
        <cusip>9128283G3</cusip>
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          <isin value="US9128283G32"/>
          <ticker value="T"/>
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        <balance>11000000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>11009453.180000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
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        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>US TREASURY N/B</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Note/Bond</title>
        <cusip>9128283P3</cusip>
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          <isin value="US9128283P31"/>
          <ticker value="T"/>
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        <balance>19240000.000000000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2024-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.250000000000</annualizedRt>
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      <invstOrSec>
        <name>US TREASURY N/B</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Note/Bond</title>
        <cusip>9128285D8</cusip>
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          <isin value="US9128285D82"/>
          <ticker value="T"/>
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        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <name>US TREASURY N/B</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Note/Bond</title>
        <cusip>9128285U0</cusip>
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          <isin value="US9128285U08"/>
          <ticker value="T"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>US TREASURY N/B</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Note/Bond</title>
        <cusip>9128285V8</cusip>
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          <isin value="US9128285V80"/>
          <ticker value="T"/>
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        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>US TREASURY N/B</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Note/Bond</title>
        <cusip>9128286G0</cusip>
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          <isin value="US9128286G05"/>
          <ticker value="T"/>
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        <balance>2265000.000000000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-02-29</maturityDt>
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      <invstOrSec>
        <name>US TREASURY N/B</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Note/Bond</title>
        <cusip>9128286Z8</cusip>
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          <isin value="US9128286Z85"/>
          <ticker value="T"/>
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        <balance>1885000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1890964.250000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>US TREASURY N/B</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>US TREASURY N/B</name>
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        <title>United States Treasury Note/Bond</title>
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          <isin value="US912828B667"/>
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        <curCd>USD</curCd>
        <valUSD>5215429.700000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>US TREASURY N/B</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Note/Bond</title>
        <cusip>912828G38</cusip>
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          <isin value="US912828G385"/>
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        <curCd>USD</curCd>
        <valUSD>12314531.280000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>US TREASURY N/B</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Note/Bond</title>
        <cusip>912828SV3</cusip>
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          <isin value="US912828SV33"/>
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        <curCd>USD</curCd>
        <valUSD>7025703.160000000000</valUSD>
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        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>US TREASURY N/B</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Note/Bond</title>
        <cusip>912828V80</cusip>
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          <isin value="US912828V806"/>
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        <curCd>USD</curCd>
        <valUSD>11766386.690000000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-01-31</maturityDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>US TREASURY N/B</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Note/Bond</title>
        <cusip>912828W71</cusip>
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          <isin value="US912828W713"/>
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        <curCd>USD</curCd>
        <valUSD>3346080.470000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-03-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.125000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>US TREASURY N/B</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Note/Bond</title>
        <cusip>912828W89</cusip>
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          <isin value="US912828W895"/>
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        <curCd>USD</curCd>
        <valUSD>15940856.290000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-03-31</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>US TREASURY N/B</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Note/Bond</title>
        <cusip>912828WJ5</cusip>
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          <isin value="US912828WJ58"/>
          <ticker value="T"/>
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        <curCd>USD</curCd>
        <valUSD>8733092.170000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.500000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>US TREASURY N/B</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Note/Bond</title>
        <cusip>912828X70</cusip>
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          <isin value="US912828X703"/>
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        <curCd>USD</curCd>
        <valUSD>11688087.140000000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-04-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.000000000000</annualizedRt>
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        <name>US TREASURY N/B</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Note/Bond</title>
        <cusip>912828XB1</cusip>
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          <isin value="US912828XB14"/>
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        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-05-15</maturityDt>
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          <annualizedRt>2.125000000000</annualizedRt>
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        <name>US TREASURY N/B</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Note/Bond</title>
        <cusip>912828YA2</cusip>
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          <isin value="US912828YA22"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-08-15</maturityDt>
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        <name>US TREASURY N/B</name>
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        <title>United States Treasury Note/Bond</title>
        <cusip>912828YF1</cusip>
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          <isin value="US912828YF19"/>
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        <name>US TREASURY N/B</name>
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        <title>United States Treasury Note/Bond</title>
        <cusip>912828YH7</cusip>
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          <isin value="US912828YH74"/>
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        <fairValLevel>2</fairValLevel>
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        <name>US TREASURY N/B</name>
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        <name>US TREASURY FRN</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Floating Rate Note</title>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2021-10-31</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>UNITED TECHNOLOGIES CORP</name>
        <lei>I07WOS4YJ0N7YRFE7309</lei>
        <title>United Technologies Corp</title>
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          <ticker value="UTX"/>
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        <curCd>USD</curCd>
        <valUSD>2836354.700000000000</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>2023-08-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.650000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>VERIZON COMMUNICATIONS</name>
        <lei>2S72QS2UO2OESLG6Y829</lei>
        <title>Verizon Communications Inc</title>
        <cusip>92343VBR4</cusip>
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          <ticker value="VZ"/>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <fwdDeriv derivCat="FWD">
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              <counterpartyName>BANK OF AMERICA</counterpartyName>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>SET50 FUTURES     Mar20</title>
        <cusip>N/A</cusip>
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          <ticker value="BCH0"/>
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        <assetCat>DE</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
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              <counterpartyName>Thailand Futures Exchange</counterpartyName>
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            <payOffProf>Long</payOffProf>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>10YR MINI JGB FUT Mar20</title>
        <cusip>N/A</cusip>
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          <isin value="SGXDB0003143"/>
          <ticker value="BJH0"/>
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        <currencyConditional curCd="JPY" exchangeRt="108.655000000000"/>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Singapore Exchange (was SIMEX)</counterpartyName>
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            <payOffProf>Short</payOffProf>
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              <otherRefInst>
                <issuerName>10 Year Japanese Government Bonds</issuerName>
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                  <cusip value="N/A"/>
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            <expDate>2020-03-12</expDate>
            <notionalAmt>-243291992.000000000007</notionalAmt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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          <ticker value="BOH0"/>
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        <assetCat>DCO</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
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            <counterparties>
              <counterpartyName>Chicago Board of Trade</counterpartyName>
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            <payOffProf>Long</payOffProf>
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                <issuerName>Crude Soybean Oil</issuerName>
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        <securityLending>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>BRL/USD FWD 20200115</title>
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          <other otherDesc="USER DEFINED" value="BRLUSD011520"/>
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        <balance>1.000000000000</balance>
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        <assetCat>DFE</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
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              <counterpartyName>DEUTSCHE BANK</counterpartyName>
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        <securityLending>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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          <other otherDesc="USER DEFINED" value="BRLUSD011520"/>
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        <balance>1.000000000000</balance>
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        <assetCat>DFE</assetCat>
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        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
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              <counterpartyName>DEUTSCHE BANK</counterpartyName>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>CORN FUTURE       Mar20</title>
        <cusip>N/A</cusip>
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          <other otherDesc="TICKER" value="C H0"/>
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        <curCd>USD</curCd>
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        <assetCat>DCO</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
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              <counterpartyName>Chicago Board of Trade</counterpartyName>
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            <payOffProf>Short</payOffProf>
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                <issuerName>Corn No. 2 Yellow</issuerName>
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        <securityLending>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>CAD/USD FWD 20200115</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="CADUSD011520"/>
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        <balance>1.000000000000</balance>
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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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              <counterpartyName>DEUTSCHE BANK</counterpartyName>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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          <other otherDesc="USER DEFINED" value="CADUSD011520"/>
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        <balance>1.000000000000</balance>
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        <assetCat>DFE</assetCat>
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        <fairValLevel>2</fairValLevel>
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              <counterpartyName>DEUTSCHE BANK</counterpartyName>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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          <other otherDesc="USER DEFINED" value="CADUSD032020"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>N/A</name>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>CAC40 10 EURO FUT Jan20</title>
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          <isin value="FRENX5954990"/>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>N/A</name>
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        <pctVal>0.0010586030</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Montreal Exchange</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <counterparties>
              <counterpartyName>Montreal Exchange</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <payOffProf>Short</payOffProf>
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              <otherRefInst>
                <issuerName>Canadian 10 Year Government Bonds</issuerName>
                <issueTitle>Canadian 10 Year Government Bonds</issueTitle>
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                  <cusip value="N/A"/>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>CAN 10YR BOND FUT Mar20</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="CNH0"/>
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        <balance>365.000000000000</balance>
        <units>NC</units>
        <currencyConditional curCd="CAD" exchangeRt="1.298550000000"/>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Montreal Exchange</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <counterparties>
              <counterpartyName>Montreal Exchange</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <payOffProf>Long</payOffProf>
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              <otherRefInst>
                <issuerName>Canadian 10 Year Government Bonds</issuerName>
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            <curCd>CAD</curCd>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>BRENT CRUDE FUTR  Mar20</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00H1JWR517"/>
          <ticker value="COH0"/>
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        <balance>332.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>278224.700000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>ICE Futures Europe Commodities</counterpartyName>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Brent Crude Oil</issuerName>
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            <expDate>2020-01-31</expDate>
            <notionalAmt>21633775.300000000000</notionalAmt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>BRENT CRUDE FUTR  Apr20</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00H1JWPN50"/>
          <ticker value="COJ0"/>
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        <balance>12.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-8675.620000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>ICE Futures Europe Commodities</counterpartyName>
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            <payOffProf>Long</payOffProf>
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              <otherRefInst>
                <issuerName>Brent Crude Oil</issuerName>
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                  <cusip value="N/A"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2020-02-28</expDate>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>BRENT CRUDE FUTR  May20</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00H1JWR954"/>
          <ticker value="COK0"/>
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        <balance>16.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>17569.180000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>ICE Futures Europe Commodities</counterpartyName>
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            <payOffProf>Long</payOffProf>
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                <issuerName>Brent Crude Oil</issuerName>
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            <unrealizedAppr>17569.180000000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>BRENT CRUDE FUTR  Jun20</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00H1JWQF42"/>
          <ticker value="COM0"/>
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        <balance>10.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>12906.960000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>ICE Futures Europe Commodities</counterpartyName>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Brent Crude Oil</issuerName>
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            </descRefInstrmnt>
            <expDate>2020-04-30</expDate>
            <notionalAmt>627893.040000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>12906.960000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>BRENT CRUDE FUTR  Jul20</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00H1JWQ436"/>
          <ticker value="CON0"/>
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        <balance>5.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>6263.470000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>ICE Futures Europe Commodities</counterpartyName>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Brent Crude Oil</issuerName>
                <issueTitle>Brent Crude Oil</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="USER DEFINED" value="CO_Comdty"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2020-05-29</expDate>
            <notionalAmt>311036.530000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>6263.470000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>COP/USD FWD 20200115</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="COPUSD011520"/>
        </identifiers>
        <balance>1.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-34011.150000000000</valUSD>
        <pctVal>-0.0041268376</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>DEUTSCHE BANK</counterpartyName>
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            <amtCurSold>-1734000000.000000000000</amtCurSold>
            <curSold>COP</curSold>
            <amtCurPur>493170.240000000000</amtCurPur>
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            <unrealizedAppr>-34011.150000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>COP/USD FWD 20200115</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="COPUSD011520"/>
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        <balance>1.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>37374.430000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
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              <counterpartyName>DEUTSCHE BANK</counterpartyName>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>BRENT CRUDE FUTR  Aug20</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00H1JWQH65"/>
          <ticker value="COQ0"/>
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        <balance>4.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>4344.780000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
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              <counterpartyName>ICE Futures Europe Commodities</counterpartyName>
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            <payOffProf>Long</payOffProf>
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                <issuerName>Brent Crude Oil</issuerName>
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            <expDate>2020-06-30</expDate>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>COTTON NO.2 FUTR  Mar20</title>
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        <identifiers>
          <ticker value="CTH0"/>
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        <balance>6.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-545.540000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>ICE Futures US Softs</counterpartyName>
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            <counterparties>
              <counterpartyName>ICE Futures US Softs</counterpartyName>
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            <payOffProf>Long</payOffProf>
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                <issuerName>Cotton No.2</issuerName>
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            <expDate>2020-03-09</expDate>
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            <unrealizedAppr>-545.540000000000</unrealizedAppr>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>COTTON NO.2 FUTR  Mar20</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="CTH0"/>
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        <balance>-82.000000000000</balance>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
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        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
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              <counterpartyName>ICE Futures US Softs</counterpartyName>
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            <payOffProf>Short</payOffProf>
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              <otherRefInst>
                <issuerName>Cotton No.2</issuerName>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>DJIA MINI e-CBOT  Mar20</title>
        <cusip>N/A</cusip>
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          <ticker value="DMH0"/>
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        <balance>-200.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
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        <assetCat>DE</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
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            <counterparties>
              <counterpartyName>Chicago Board of Trade</counterpartyName>
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            <counterparties>
              <counterpartyName>Chicago Board of Trade</counterpartyName>
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            <payOffProf>Short</payOffProf>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>BANK OF AMERICA</counterpartyName>
              <counterpartyLei>B4TYDEB6GKMZO031MB27</counterpartyLei>
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            <amtCurSold>-4356733.950000000000</amtCurSold>
            <curSold>USD</curSold>
            <amtCurPur>471266000.000000000000</amtCurPur>
            <curPur>JPY</curPur>
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            <unrealizedAppr>176.470000000000</unrealizedAppr>
          </fwdDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>COFFEE 'C' FUTURE Mar20</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="KCH0"/>
        </identifiers>
        <balance>96.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-228612.570000000000</valUSD>
        <pctVal>-0.0277393431</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>ICE Futures US Softs</counterpartyName>
              <counterpartyLei>5493004R83R1LVX2IL36</counterpartyLei>
            </counterparties>
            <counterparties>
              <counterpartyName>ICE Futures US Softs</counterpartyName>
              <counterpartyLei>5493004R83R1LVX2IL36</counterpartyLei>
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            <payOffProf>Long</payOffProf>
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              <otherRefInst>
                <issuerName>Arabica Coffee</issuerName>
                <issueTitle>Arabica Coffee</issueTitle>
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                  <cusip value="N/A"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2020-03-19</expDate>
            <notionalAmt>4897812.570000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-228612.570000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>COFFEE 'C' FUTURE Mar20</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="KCH0"/>
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        <balance>-13.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-11208.670000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>ICE Futures US Softs</counterpartyName>
              <counterpartyLei>5493004R83R1LVX2IL36</counterpartyLei>
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            <counterparties>
              <counterpartyName>ICE Futures US Softs</counterpartyName>
              <counterpartyLei>5493004R83R1LVX2IL36</counterpartyLei>
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            <payOffProf>Short</payOffProf>
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              <otherRefInst>
                <issuerName>Arabica Coffee</issuerName>
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                  <cusip value="N/A"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2020-03-19</expDate>
            <notionalAmt>-621078.830000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-11208.670000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>KOSPI2 INX FUT    Mar20</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR4101Q30005"/>
          <ticker value="KMH0"/>
        </identifiers>
        <balance>136.000000000000</balance>
        <units>NC</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.450000000000"/>
        <valUSD>170830.330000000000</valUSD>
        <pctVal>0.0207281741</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Korea Exchange</counterpartyName>
              <counterpartyLei>549300TJ3RRV6Q1UEW14</counterpartyLei>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>KOSPI 200 Index</indexName>
                <indexIdentifier>KM_Index</indexIdentifier>
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            <expDate>2020-03-12</expDate>
            <notionalAmt>9839243101.000000000255</notionalAmt>
            <curCd>KRW</curCd>
            <unrealizedAppr>170830.330000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>KRW/USD FWD 20200115</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="KRWUSD011520"/>
        </identifiers>
        <balance>1.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-133751.200000000000</valUSD>
        <pctVal>-0.0162290745</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>DEUTSCHE BANK</counterpartyName>
              <counterpartyLei>9J6MBOOO7BECTDTUZW19</counterpartyLei>
            </counterparties>
            <amtCurSold>-7082000000.000000000000</amtCurSold>
            <curSold>KRW</curSold>
            <amtCurPur>5992361.820000000000</amtCurPur>
            <curPur>USD</curPur>
            <settlementDt>2020-01-15</settlementDt>
            <unrealizedAppr>-133751.200000000000</unrealizedAppr>
          </fwdDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>KRW/USD FWD 20200115</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="KRWUSD011520"/>
        </identifiers>
        <balance>1.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>48072.980000000000</valUSD>
        <pctVal>0.0058330690</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>DEUTSCHE BANK</counterpartyName>
              <counterpartyLei>9J6MBOOO7BECTDTUZW19</counterpartyLei>
            </counterparties>
            <amtCurSold>-5256265.340000000000</amtCurSold>
            <curSold>USD</curSold>
            <amtCurPur>6132000000.000000000000</amtCurPur>
            <curPur>KRW</curPur>
            <settlementDt>2020-01-15</settlementDt>
            <unrealizedAppr>48072.980000000000</unrealizedAppr>
          </fwdDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>KC HRW WHEAT FUT  Mar20</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="KWH0"/>
        </identifiers>
        <balance>-207.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-564835.580000000000</valUSD>
        <pctVal>-0.0685358989</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Chicago Board of Trade</counterpartyName>
              <counterpartyLei>549300EX04Q2QBFQTQ27</counterpartyLei>
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            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Hard Red Winter Wheat</issuerName>
                <issueTitle>Hard Red Winter Wheat</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="USER DEFINED" value="KW_Comdty"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2020-03-13</expDate>
            <notionalAmt>-4465264.420000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-564835.580000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>90DAY STERLING FU Jun21</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00H1R4B137"/>
          <other otherDesc="TICKER" value="L M1"/>
        </identifiers>
        <balance>87.000000000000</balance>
        <units>NC</units>
        <currencyConditional curCd="GBP" exchangeRt=".754940000000"/>
        <valUSD>2677.950000000000</valUSD>
        <pctVal>0.0003249365</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>ICE Futures Europe Financials</counterpartyName>
              <counterpartyLei>549300UF4R84F48NCH34</counterpartyLei>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>90 Day Sterling</issuerName>
                <issueTitle>90 Day Sterling</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="USER DEFINED" value="L_Comdty"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2021-06-16</expDate>
            <notionalAmt>10794678.300000000000</notionalAmt>
            <curCd>GBP</curCd>
            <unrealizedAppr>2677.950000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>90DAY STERLING FU Dec20</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00H1R4B350"/>
          <other otherDesc="TICKER" value="L Z0"/>
        </identifiers>
        <balance>1284.000000000000</balance>
        <units>NC</units>
        <currencyConditional curCd="GBP" exchangeRt=".754940000000"/>
        <valUSD>1332.260000000000</valUSD>
        <pctVal>0.0001616535</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>ICE Futures Europe Financials</counterpartyName>
              <counterpartyLei>549300UF4R84F48NCH34</counterpartyLei>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>90 Day Sterling</issuerName>
                <issueTitle>90 Day Sterling</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="USER DEFINED" value="L_Comdty"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2020-12-16</expDate>
            <notionalAmt>159367469.220000000000</notionalAmt>
            <curCd>GBP</curCd>
            <unrealizedAppr>1332.260000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>LME PRI ALUM FUTR Mar20</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00DV8PQL41"/>
          <ticker value="LAH20"/>
        </identifiers>
        <balance>-382.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-46755.250000000000</valUSD>
        <pctVal>-0.0056731785</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
              <counterpartyLei>213800NB8G5VRT1DXC91</counterpartyLei>
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            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
              <counterpartyLei>213800NB8G5VRT1DXC91</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>London Metals - Aluminum</issuerName>
                <issueTitle>London Metals - Aluminum</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="USER DEFINED" value="LA_Comdty"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2020-03-16</expDate>
            <notionalAmt>-17238744.750000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-46755.250000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>LME PRI ALUM FUTR Mar20</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00DV8PQL41"/>
          <ticker value="LAH20"/>
        </identifiers>
        <balance>113.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>33585.400000000000</valUSD>
        <pctVal>0.0040751781</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
              <counterpartyLei>213800NB8G5VRT1DXC91</counterpartyLei>
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            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
              <counterpartyLei>213800NB8G5VRT1DXC91</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>London Metals - Aluminum</issuerName>
                <issueTitle>London Metals - Aluminum</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="USER DEFINED" value="LA_Comdty"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2020-03-16</expDate>
            <notionalAmt>5079664.600000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>33585.400000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>LIVE CATTLE FUTR  Feb20</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="LCG0"/>
        </identifiers>
        <balance>-6.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>1395.180000000000</valUSD>
        <pctVal>0.0001692881</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Chicago Mercantile Exchange</counterpartyName>
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            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Live Cattle</issuerName>
                <issueTitle>Live Cattle</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="USER DEFINED" value="LC_Comdty"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2020-02-28</expDate>
            <notionalAmt>-303615.180000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>1395.180000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>LEAN HOGS FUTURE  Feb20</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="LHG0"/>
        </identifiers>
        <balance>-3.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-1417.410000000000</valUSD>
        <pctVal>-0.0001719854</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Chicago Mercantile Exchange</counterpartyName>
              <counterpartyLei>SNZ2OJLFK8MNNCLQOF39</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Lean Hogs</issuerName>
                <issueTitle>Lean Hogs</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="USER DEFINED" value="LH_Comdty"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2020-02-14</expDate>
            <notionalAmt>-84292.590000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-1417.410000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>LME LEAD FUTURE   Mar20</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00FQYMYG32"/>
          <ticker value="LLH0"/>
        </identifiers>
        <balance>10.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-16976.000000000000</valUSD>
        <pctVal>-0.0020598303</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
              <counterpartyLei>213800NB8G5VRT1DXC91</counterpartyLei>
            </counterparties>
            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
              <counterpartyLei>213800NB8G5VRT1DXC91</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>London Metals - Lead</issuerName>
                <issueTitle>London Metals - Lead</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="USER DEFINED" value="LL_Comdty"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2020-03-16</expDate>
            <notionalAmt>499101.000000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-16976.000000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>LME LEAD FUTURE   Mar20</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00FQYMYG32"/>
          <ticker value="LLH0"/>
        </identifiers>
        <balance>-12.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>16614.200000000000</valUSD>
        <pctVal>0.0020159302</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
              <counterpartyLei>213800NB8G5VRT1DXC91</counterpartyLei>
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            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
              <counterpartyLei>213800NB8G5VRT1DXC91</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>London Metals - Lead</issuerName>
                <issueTitle>London Metals - Lead</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="USER DEFINED" value="LL_Comdty"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2020-03-16</expDate>
            <notionalAmt>-595164.200000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>16614.200000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>LMAHDP 20200110 LME COMDTY</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00H242PR13"/>
          <ticker value="LMAHDP"/>
        </identifiers>
        <balance>1.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>966.020000000000</valUSD>
        <pctVal>0.0001172147</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
              <counterpartyLei>213800NB8G5VRT1DXC91</counterpartyLei>
            </counterparties>
            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
              <counterpartyLei>213800NB8G5VRT1DXC91</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>LMAHDP</issuerName>
                <issueTitle>LMAHDP</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="USER DEFINED" value="LMAHDP_Comdty"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2020-01-08</expDate>
            <notionalAmt>43681.980000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>966.020000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>LMAHDP 20200110 LME COMDTY</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00H242PR13"/>
          <ticker value="LMAHDP"/>
        </identifiers>
        <balance>-1.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-964.230000000000</valUSD>
        <pctVal>-0.0001169975</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
              <counterpartyLei>213800NB8G5VRT1DXC91</counterpartyLei>
            </counterparties>
            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
              <counterpartyLei>213800NB8G5VRT1DXC91</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>LMAHDP</issuerName>
                <issueTitle>LMAHDP</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="USER DEFINED" value="LMAHDP_Comdty"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2020-01-08</expDate>
            <notionalAmt>-43683.770000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-964.230000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>LMAHDP 20200131 LME COMDTY</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00H243BM13"/>
          <ticker value="LMAHDP"/>
        </identifiers>
        <balance>-1.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-1011.900000000000</valUSD>
        <pctVal>-0.0001227817</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
              <counterpartyLei>213800NB8G5VRT1DXC91</counterpartyLei>
            </counterparties>
            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
              <counterpartyLei>213800NB8G5VRT1DXC91</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>LMAHDP</issuerName>
                <issueTitle>LMAHDP</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="USER DEFINED" value="LMAHDP_Comdty"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2020-01-29</expDate>
            <notionalAmt>-43891.350000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-1011.900000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>LMAHDP 20200131 LME COMDTY</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00H243BM13"/>
          <ticker value="LMAHDP"/>
        </identifiers>
        <balance>1.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>228.350000000000</valUSD>
        <pctVal>0.0000277075</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
              <counterpartyLei>213800NB8G5VRT1DXC91</counterpartyLei>
            </counterparties>
            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
              <counterpartyLei>213800NB8G5VRT1DXC91</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>LMAHDP</issuerName>
                <issueTitle>LMAHDP</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="USER DEFINED" value="LMAHDP_Comdty"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2020-01-29</expDate>
            <notionalAmt>44674.900000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>228.350000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>LMAHDP 20200316 LME COMDTY</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00H2454Z14"/>
          <ticker value="LMAHDP"/>
        </identifiers>
        <balance>1.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>847.100000000000</valUSD>
        <pctVal>0.0001027852</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
              <counterpartyLei>213800NB8G5VRT1DXC91</counterpartyLei>
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            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
              <counterpartyLei>213800NB8G5VRT1DXC91</counterpartyLei>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>LMAHDP</issuerName>
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                  <cusip value="N/A"/>
                  <other otherDesc="USER DEFINED" value="LMAHDP_Comdty"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2020-03-12</expDate>
            <notionalAmt>44385.650000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>847.100000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>LMAHDP 20200316 LME COMDTY</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00H2454Z14"/>
          <ticker value="LMAHDP"/>
        </identifiers>
        <balance>-1.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-1103.900000000000</valUSD>
        <pctVal>-0.0001339448</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
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            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
              <counterpartyLei>213800NB8G5VRT1DXC91</counterpartyLei>
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            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>LMAHDP</issuerName>
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                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="USER DEFINED" value="LMAHDP_Comdty"/>
                </identifiers>
              </otherRefInst>
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            <expDate>2020-03-12</expDate>
            <notionalAmt>-44128.850000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-1103.900000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>LMAHDP 20200319 LME COMDTY</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00H2458F97"/>
          <ticker value="LMAHDP"/>
        </identifiers>
        <balance>-1.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-540.150000000000</valUSD>
        <pctVal>-0.0000655406</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
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              <counterpartyName>London Metal Exchange</counterpartyName>
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            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
              <counterpartyLei>213800NB8G5VRT1DXC91</counterpartyLei>
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            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>LMAHDP</issuerName>
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                  <cusip value="N/A"/>
                  <other otherDesc="USER DEFINED" value="LMAHDP_Comdty"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2020-03-17</expDate>
            <notionalAmt>-44684.850000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-540.150000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>LMAHDP 20200319 LME COMDTY</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00H2458F97"/>
          <ticker value="LMAHDP"/>
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        <balance>1.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>679.100000000000</valUSD>
        <pctVal>0.0000824005</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
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              <counterpartyName>London Metal Exchange</counterpartyName>
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            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
              <counterpartyLei>213800NB8G5VRT1DXC91</counterpartyLei>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>LMAHDP</issuerName>
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                  <cusip value="N/A"/>
                  <other otherDesc="USER DEFINED" value="LMAHDP_Comdty"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2020-03-17</expDate>
            <notionalAmt>44545.900000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>679.100000000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>LMCADP 20200103 LME COMDTY</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00H237KL60"/>
          <ticker value="LMCADP"/>
        </identifiers>
        <balance>1.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>13143.270000000000</valUSD>
        <pctVal>0.0015947753</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
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            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
              <counterpartyLei>213800NB8G5VRT1DXC91</counterpartyLei>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>LMCADP</issuerName>
                <issueTitle>LMCADP</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="USER DEFINED" value="LMCADP_Comdty"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2020-01-03</expDate>
            <notionalAmt>140581.730000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>13143.270000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>LMCADP 20200103 LME COMDTY</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00H237KL60"/>
          <ticker value="LMCADP"/>
        </identifiers>
        <balance>-1.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-12878.480000000000</valUSD>
        <pctVal>-0.0015626463</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
              <counterpartyLei>213800NB8G5VRT1DXC91</counterpartyLei>
            </counterparties>
            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
              <counterpartyLei>213800NB8G5VRT1DXC91</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>LMCADP</issuerName>
                <issueTitle>LMCADP</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="USER DEFINED" value="LMCADP_Comdty"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2020-01-03</expDate>
            <notionalAmt>-140846.520000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-12878.480000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>LMCADP 20200122 LME COMDTY</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00H23YT981"/>
          <ticker value="LMCADP"/>
        </identifiers>
        <balance>1.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>8107.520000000000</valUSD>
        <pctVal>0.0009837485</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
              <counterpartyLei>213800NB8G5VRT1DXC91</counterpartyLei>
            </counterparties>
            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
              <counterpartyLei>213800NB8G5VRT1DXC91</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>LMCADP</issuerName>
                <issueTitle>LMCADP</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="USER DEFINED" value="LMCADP_Comdty"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2020-01-20</expDate>
            <notionalAmt>145827.480000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>8107.520000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>LMCADP 20200122 LME COMDTY</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00H23YT981"/>
          <ticker value="LMCADP"/>
        </identifiers>
        <balance>-1.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-8244.480000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
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            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
              <counterpartyLei>213800NB8G5VRT1DXC91</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>LMCADP</issuerName>
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                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="USER DEFINED" value="LMCADP_Comdty"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2020-01-20</expDate>
            <notionalAmt>-145690.520000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-8244.480000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>LMCADP 20200124 LME COMDTY</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00H2434220"/>
          <ticker value="LMCADP"/>
        </identifiers>
        <balance>-1.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-6884.980000000000</valUSD>
        <pctVal>-0.0008354082</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
              <counterpartyLei>213800NB8G5VRT1DXC91</counterpartyLei>
            </counterparties>
            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
              <counterpartyLei>213800NB8G5VRT1DXC91</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>LMCADP</issuerName>
                <issueTitle>LMCADP</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="USER DEFINED" value="LMCADP_Comdty"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2020-01-22</expDate>
            <notionalAmt>-147071.520000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-6884.980000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>LMCADP 20200124 LME COMDTY</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00H2434220"/>
          <ticker value="LMCADP"/>
        </identifiers>
        <balance>1.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>6128.020000000000</valUSD>
        <pctVal>0.0007435604</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
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            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
              <counterpartyLei>213800NB8G5VRT1DXC91</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>LMCADP</issuerName>
                <issueTitle>LMCADP</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="USER DEFINED" value="LMCADP_Comdty"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2020-01-22</expDate>
            <notionalAmt>147828.480000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>6128.020000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>LMCADP 20200207 LME COMDTY</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00H243QW63"/>
          <ticker value="LMCADP"/>
        </identifiers>
        <balance>-1.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-5436.900000000000</valUSD>
        <pctVal>-0.0006597014</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
              <counterpartyLei>213800NB8G5VRT1DXC91</counterpartyLei>
            </counterparties>
            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
              <counterpartyLei>213800NB8G5VRT1DXC91</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>LMCADP</issuerName>
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                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="USER DEFINED" value="LMCADP_Comdty"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2020-02-05</expDate>
            <notionalAmt>-148669.850000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-5436.900000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>LMCADP 20200207 LME COMDTY</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00H243QW63"/>
          <ticker value="LMCADP"/>
        </identifiers>
        <balance>1.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>5021.350000000000</valUSD>
        <pctVal>0.0006092795</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
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            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
              <counterpartyLei>213800NB8G5VRT1DXC91</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>LMCADP</issuerName>
                <issueTitle>LMCADP</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="USER DEFINED" value="LMCADP_Comdty"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2020-02-05</expDate>
            <notionalAmt>149085.400000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>5021.350000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>LMCADP 20200318 LME COMDTY</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00DV8VPL51"/>
          <ticker value="LMCADP"/>
        </identifiers>
        <balance>-1.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>55.600000000000</valUSD>
        <pctVal>0.0000067464</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
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            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
              <counterpartyLei>213800NB8G5VRT1DXC91</counterpartyLei>
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            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>LMCADP</issuerName>
                <issueTitle>LMCADP</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="USER DEFINED" value="LMCADP_Comdty"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2020-03-16</expDate>
            <notionalAmt>-154430.600000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>55.600000000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>LMCADP 20200318 LME COMDTY</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00DV8VPL51"/>
          <ticker value="LMCADP"/>
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        <balance>1.000000000000</balance>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <futrDeriv derivCat="FUT">
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              <counterpartyName>London Metal Exchange</counterpartyName>
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            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
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            <payOffProf>Long</payOffProf>
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              <otherRefInst>
                <issuerName>LMCADP</issuerName>
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                  <cusip value="N/A"/>
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            <expDate>2020-03-16</expDate>
            <notionalAmt>154191.900000000000</notionalAmt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>LMNIDP 20200131 LME COMDTY</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00H243C407"/>
          <ticker value="LMNIDP"/>
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        <balance>-2.000000000000</balance>
        <units>NC</units>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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              <counterpartyName>London Metal Exchange</counterpartyName>
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            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
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            <payOffProf>Short</payOffProf>
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                <issuerName>LMNIDP</issuerName>
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                  <cusip value="N/A"/>
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            <expDate>2020-01-29</expDate>
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            <curCd>USD</curCd>
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        <securityLending>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00H243C407"/>
          <ticker value="LMNIDP"/>
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        <balance>2.000000000000</balance>
        <units>NC</units>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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              <counterpartyName>London Metal Exchange</counterpartyName>
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            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
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            <payOffProf>Long</payOffProf>
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                <issuerName>LMNIDP</issuerName>
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                  <cusip value="N/A"/>
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              </otherRefInst>
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            <expDate>2020-01-29</expDate>
            <notionalAmt>200991.770000000000</notionalAmt>
            <curCd>USD</curCd>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>LMPBDP 20200108 LME COMDTY</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00H23YY155"/>
          <ticker value="LMPBDP"/>
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        <balance>1.000000000000</balance>
        <units>NC</units>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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              <counterpartyName>London Metal Exchange</counterpartyName>
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            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
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            <payOffProf>Long</payOffProf>
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                <issuerName>LMPBDP</issuerName>
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                  <cusip value="N/A"/>
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            </descRefInstrmnt>
            <expDate>2020-01-06</expDate>
            <notionalAmt>54381.480000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-6454.730000000000</unrealizedAppr>
          </futrDeriv>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00H23YY155"/>
          <ticker value="LMPBDP"/>
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        <balance>-1.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>5684.770000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
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            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
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            <payOffProf>Short</payOffProf>
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                <issuerName>LMPBDP</issuerName>
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            <expDate>2020-01-06</expDate>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
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        <balance>1.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <futrDeriv derivCat="FUT">
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              <counterpartyName>London Metal Exchange</counterpartyName>
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            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
              <counterpartyLei>213800NB8G5VRT1DXC91</counterpartyLei>
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            <payOffProf>Long</payOffProf>
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                <issuerName>LMZSDP</issuerName>
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                  <cusip value="N/A"/>
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                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2020-01-03</expDate>
            <notionalAmt>57350.230000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-362.730000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>LMZSDP 20200103 LME COMDTY</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00H237QX03"/>
          <ticker value="LMZSDP"/>
        </identifiers>
        <balance>-1.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>137.520000000000</valUSD>
        <pctVal>0.0000166864</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
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            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
              <counterpartyLei>213800NB8G5VRT1DXC91</counterpartyLei>
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            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>LMZSDP</issuerName>
                <issueTitle>LMZSDP</issueTitle>
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                  <cusip value="N/A"/>
                  <other otherDesc="USER DEFINED" value="LMZSDP_Comdty"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2020-01-03</expDate>
            <notionalAmt>-57125.020000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>137.520000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>LMZSDP 20200131 LME COMDTY</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00H243CJ58"/>
          <ticker value="LMZSDP"/>
        </identifiers>
        <balance>1.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-5219.480000000000</valUSD>
        <pctVal>-0.0006333201</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
              <counterpartyLei>213800NB8G5VRT1DXC91</counterpartyLei>
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            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
              <counterpartyLei>213800NB8G5VRT1DXC91</counterpartyLei>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>LMZSDP</issuerName>
                <issueTitle>LMZSDP</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="USER DEFINED" value="LMZSDP_Comdty"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2020-01-29</expDate>
            <notionalAmt>62206.980000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-5219.480000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>LMZSDP 20200131 LME COMDTY</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00H243CJ58"/>
          <ticker value="LMZSDP"/>
        </identifiers>
        <balance>-1.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>5380.770000000000</valUSD>
        <pctVal>0.0006528907</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
              <counterpartyLei>213800NB8G5VRT1DXC91</counterpartyLei>
            </counterparties>
            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
              <counterpartyLei>213800NB8G5VRT1DXC91</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>LMZSDP</issuerName>
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                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="USER DEFINED" value="LMZSDP_Comdty"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2020-01-29</expDate>
            <notionalAmt>-62368.270000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>5380.770000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>LMZSDP 20200212 LME COMDTY</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00H2407D59"/>
          <ticker value="LMZSDP"/>
        </identifiers>
        <balance>1.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-5369.650000000000</valUSD>
        <pctVal>-0.0006515414</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
              <counterpartyLei>213800NB8G5VRT1DXC91</counterpartyLei>
            </counterparties>
            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
              <counterpartyLei>213800NB8G5VRT1DXC91</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>LMZSDP</issuerName>
                <issueTitle>LMZSDP</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="USER DEFINED" value="LMZSDP_Comdty"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2020-02-10</expDate>
            <notionalAmt>62357.150000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-5369.650000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>LMZSDP 20200212 LME COMDTY</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00H2407D59"/>
          <ticker value="LMZSDP"/>
        </identifiers>
        <balance>-1.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>4676.600000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
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            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
              <counterpartyLei>213800NB8G5VRT1DXC91</counterpartyLei>
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            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>LMZSDP</issuerName>
                <issueTitle>LMZSDP</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="USER DEFINED" value="LMZSDP_Comdty"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2020-02-10</expDate>
            <notionalAmt>-61664.100000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>4676.600000000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>LMZSDP 20200218 LME COMDTY</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00H2441134"/>
          <ticker value="LMZSDP"/>
          <other otherDesc="TICKER" value="LMZSDP 20200218 COMD"/>
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        <balance>1.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-2134.650000000000</valUSD>
        <pctVal>-0.0002590137</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
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              <counterpartyName>London Metal Exchange</counterpartyName>
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            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
              <counterpartyLei>213800NB8G5VRT1DXC91</counterpartyLei>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>LMZSDP</issuerName>
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                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="USER DEFINED" value="LMZSDP_Comdty"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2020-02-14</expDate>
            <notionalAmt>59092.900000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-2134.650000000000</unrealizedAppr>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>LMZSDP 20200218 LME COMDTY</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00H2441134"/>
          <ticker value="LMZSDP"/>
          <other otherDesc="TICKER" value="LMZSDP 20200218 COMD"/>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
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              <counterpartyName>London Metal Exchange</counterpartyName>
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              <counterpartyName>London Metal Exchange</counterpartyName>
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            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>LMZSDP</issuerName>
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                  <cusip value="N/A"/>
                  <other otherDesc="USER DEFINED" value="LMZSDP_Comdty"/>
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            <expDate>2020-02-14</expDate>
            <notionalAmt>-58570.850000000000</notionalAmt>
            <curCd>USD</curCd>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00H2445L12"/>
          <ticker value="LMZSDP"/>
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        <balance>-1.000000000000</balance>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
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              <counterpartyName>London Metal Exchange</counterpartyName>
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            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
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            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>LMZSDP</issuerName>
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                  <cusip value="N/A"/>
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              </otherRefInst>
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            <expDate>2020-02-19</expDate>
            <notionalAmt>-57459.850000000000</notionalAmt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>LMZSDP 20200221 LME COMDTY</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00H2445L12"/>
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        <balance>1.000000000000</balance>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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              <counterpartyName>London Metal Exchange</counterpartyName>
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            <counterparties>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>LMZSDP</issuerName>
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                  <cusip value="N/A"/>
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            <expDate>2020-02-19</expDate>
            <notionalAmt>57417.900000000000</notionalAmt>
            <curCd>USD</curCd>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00H244Z992"/>
          <ticker value="LMZSDP"/>
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        <balance>-1.000000000000</balance>
        <units>NC</units>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
              <counterpartyLei>213800NB8G5VRT1DXC91</counterpartyLei>
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            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
              <counterpartyLei>213800NB8G5VRT1DXC91</counterpartyLei>
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            <payOffProf>Short</payOffProf>
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              <otherRefInst>
                <issuerName>LMZSDP</issuerName>
                <issueTitle>LMZSDP</issueTitle>
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                  <cusip value="N/A"/>
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                </identifiers>
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            </descRefInstrmnt>
            <expDate>2020-03-06</expDate>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00H244Z992"/>
          <ticker value="LMZSDP"/>
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        <balance>1.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>1195.850000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
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            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
              <counterpartyLei>213800NB8G5VRT1DXC91</counterpartyLei>
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            <payOffProf>Long</payOffProf>
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              <otherRefInst>
                <issuerName>LMZSDP</issuerName>
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                  <cusip value="N/A"/>
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            </descRefInstrmnt>
            <expDate>2020-03-06</expDate>
            <notionalAmt>55693.400000000000</notionalAmt>
            <curCd>USD</curCd>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
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          <isin value="GB00H245KT70"/>
          <ticker value="LMZSDP"/>
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        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-949.900000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
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              <counterpartyName>London Metal Exchange</counterpartyName>
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            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
              <counterpartyLei>213800NB8G5VRT1DXC91</counterpartyLei>
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            <payOffProf>Long</payOffProf>
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              <otherRefInst>
                <issuerName>LMZSDP</issuerName>
                <issueTitle>LMZSDP</issueTitle>
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                  <cusip value="N/A"/>
                  <other otherDesc="USER DEFINED" value="LMZSDP_Comdty"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2020-03-26</expDate>
            <notionalAmt>57752.150000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-949.900000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>LMZSDP 20200330 LME COMDTY</title>
        <cusip>N/A</cusip>
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          <isin value="GB00H245KT70"/>
          <ticker value="LMZSDP"/>
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        <balance>-1.000000000000</balance>
        <units>NC</units>
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        <valUSD>838.600000000000</valUSD>
        <pctVal>0.0001017539</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
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              <counterpartyName>London Metal Exchange</counterpartyName>
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            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
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            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>LMZSDP</issuerName>
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                  <cusip value="N/A"/>
                  <other otherDesc="USER DEFINED" value="LMZSDP_Comdty"/>
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            </descRefInstrmnt>
            <expDate>2020-03-26</expDate>
            <notionalAmt>-57640.850000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>838.600000000000</unrealizedAppr>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>LME NICKEL FUTURE Mar20</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00FQYMYJ62"/>
          <ticker value="LNH0"/>
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        <balance>-14.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>52894.460000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
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              <counterpartyName>London Metal Exchange</counterpartyName>
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            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
              <counterpartyLei>213800NB8G5VRT1DXC91</counterpartyLei>
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            <payOffProf>Short</payOffProf>
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              <otherRefInst>
                <issuerName>London Metals - Nickel</issuerName>
                <issueTitle>London Metals - Nickel</issueTitle>
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                  <cusip value="N/A"/>
                  <other otherDesc="USER DEFINED" value="LN_Comdty"/>
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              </otherRefInst>
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            <expDate>2020-03-16</expDate>
            <notionalAmt>-1230994.460000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>52894.460000000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>LME NICKEL FUTURE Mar20</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00FQYMYJ62"/>
          <ticker value="LNH0"/>
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        <balance>8.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-48296.800000000000</valUSD>
        <pctVal>-0.0058602268</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
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              <counterpartyName>London Metal Exchange</counterpartyName>
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            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
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            <payOffProf>Long</payOffProf>
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              <otherRefInst>
                <issuerName>London Metals - Nickel</issuerName>
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                  <cusip value="N/A"/>
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            <expDate>2020-03-16</expDate>
            <notionalAmt>721496.800000000000</notionalAmt>
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            <unrealizedAppr>-48296.800000000000</unrealizedAppr>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>LME COPPER FUTURE Mar20</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00DV8VPL51"/>
          <ticker value="LPH20"/>
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        <balance>-167.000000000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <futrDeriv derivCat="FUT">
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              <counterpartyName>London Metal Exchange</counterpartyName>
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            <counterparties>
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                <issuerName>London Metals - Copper</issuerName>
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            <expDate>2020-03-16</expDate>
            <notionalAmt>-24816259.800000000000</notionalAmt>
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      </invstOrSec>
      <invstOrSec>
        <name>AT&amp;T INC</name>
        <lei>549300Z40J86GGSTL398</lei>
        <title>AT&amp;T Inc</title>
        <cusip>00206RCE0</cusip>
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          <isin value="US00206RCE09"/>
          <ticker value="T"/>
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        <curCd>USD</curCd>
        <valUSD>3558283.020000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <securityLending>
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      <invstOrSec>
        <name>AT&amp;T INC</name>
        <lei>549300Z40J86GGSTL398</lei>
        <title>ATandT Inc</title>
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          <isin value="US00206RCR12"/>
          <ticker value="T"/>
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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>ABBVIE INC</name>
        <lei>FR5LCKFTG8054YNNRU85</lei>
        <title>AbbVie Inc</title>
        <cusip>00287YAL3</cusip>
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          <isin value="US00287YAL39"/>
          <ticker value="ABBV"/>
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        <balance>1845000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1883041.040000000000</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>2022-11-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.900000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>ABBVIE INC</name>
        <lei>FR5LCKFTG8054YNNRU85</lei>
        <title>AbbVie Inc</title>
        <cusip>00287YBL2</cusip>
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          <isin value="US00287YBL20"/>
          <ticker value="ABBV"/>
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        <balance>1805000.000000000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>AERCAP IRELAND CAP/GLOBA</name>
        <lei>N/A</lei>
        <title>AerCap Ireland Capital DAC / AerCap Global Aviation Trust</title>
        <cusip>00772BAR2</cusip>
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          <ticker value="AER"/>
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        <curCd>USD</curCd>
        <valUSD>1260557.300000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-02-01</maturityDt>
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      <invstOrSec>
        <name>AIR LEASE CORP</name>
        <lei>5493004NW4M4P8TMMK63</lei>
        <title>Air Lease Corp</title>
        <cusip>00912XBC7</cusip>
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          <isin value="US00912XBC74"/>
          <ticker value="AL"/>
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        <balance>2150000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2265642.160000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-07-03</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ALEXANDRIA REAL ESTATE E</name>
        <lei>MGCJBT4MKTQBVLNUIS88</lei>
        <title>Alexandria Real Estate Equities Inc</title>
        <cusip>015271AM1</cusip>
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          <isin value="US015271AM12"/>
          <ticker value="ARE"/>
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        <balance>2515000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2679773.920000000000</valUSD>
        <pctVal>0.3251578350</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>ALTRIA GROUP INC</name>
        <lei>XSGZFLO9YTNO9VCQV219</lei>
        <title>Altria Group Inc</title>
        <cusip>02209SBB8</cusip>
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          <isin value="US02209SBB88"/>
          <ticker value="MO"/>
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        <balance>2025000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2132459.580000000000</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>2024-02-14</maturityDt>
          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>AMERICAN EXPRESS CO</name>
        <lei>R4PP93JZOLY261QX3811</lei>
        <title>American Express Co</title>
        <cusip>025816CD9</cusip>
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          <isin value="US025816CD95"/>
          <ticker value="AXP"/>
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        <balance>505000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>514256.570000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-05-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.750000000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>AMERICAN EXPRESS CO</name>
        <lei>R4PP93JZOLY261QX3811</lei>
        <title>American Express Co</title>
        <cusip>025816CG2</cusip>
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          <isin value="US025816CG27"/>
          <ticker value="AXP"/>
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        <balance>2000000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2023401.260000000000</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>2024-07-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.500000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>American Express Credit Accoun</name>
        <lei>549300Y4SA5G3GIJTP18</lei>
        <title>American Express Credit Account Master Trust</title>
        <cusip>02588QAB4</cusip>
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          <isin value="US02588QAB41"/>
          <ticker value="AMXCA"/>
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        <balance>2390000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2441916.540000000000</valUSD>
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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>2024-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.870000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ANHEUSER-BUSCH INBEV FIN</name>
        <lei>5493000EYEKDT0FBSQ91</lei>
        <title>Anheuser-Busch InBev Finance Inc</title>
        <cusip>035242AL0</cusip>
        <identifiers>
          <isin value="US035242AL09"/>
          <ticker value="ABIBB"/>
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        <balance>2590000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2683371.570000000000</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>2023-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.300000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>AON CORP</name>
        <lei>LTS3U8DGK38SETRUWX71</lei>
        <title>Aon Corp</title>
        <cusip>037389BD4</cusip>
        <identifiers>
          <isin value="US037389BD49"/>
          <ticker value="AON"/>
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        <balance>2100000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2109884.600000000000</valUSD>
        <pctVal>0.2560087265</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.200000000000</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>
        <name>AVID AUTOMOBILE RECEIVABLES TR</name>
        <lei>549300MXT4YCVL1BDV18</lei>
        <title>Avid Automobile Receivables Trust 2018-1</title>
        <cusip>05367MAA5</cusip>
        <identifiers>
          <isin value="US05367MAA53"/>
          <ticker value="AVID"/>
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        <balance>603645.580000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>604225.260000000000</valUSD>
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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>2023-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.840000000000</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>TRUIST FIN CORP</name>
        <lei>549300DRQQI75D2JP341</lei>
        <title>BB&amp;T Corp</title>
        <cusip>05531FBF9</cusip>
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          <isin value="US05531FBF99"/>
          <ticker value="BBT"/>
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        <balance>1260000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1336643.780000000000</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>2023-12-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.750000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BP CAPITAL MARKETS PLC</name>
        <lei>549300CRVT18MXX0AG93</lei>
        <title>BP Capital Markets PLC</title>
        <cusip>05565QBR8</cusip>
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          <isin value="US05565QBR83"/>
          <ticker value="BPLN"/>
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        <balance>1000000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1032594.320000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-03-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.742000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BX Commercial Mortgage Trust 2</name>
        <lei>N/A</lei>
        <title>BX Commercial Mortgage Trust 2019-XL</title>
        <cusip>056054AA7</cusip>
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          <isin value="US056054AA70"/>
          <ticker value="BX"/>
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        <balance>2000000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2001603.000000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-10-15</maturityDt>
          <couponKind>Floating</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>BX Trust</name>
        <lei>N/A</lei>
        <title>BX Trust 2018-MCSF</title>
        <cusip>05607AAA1</cusip>
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          <isin value="US05607AAA16"/>
          <ticker value="BX"/>
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        <balance>3285000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3264405.350000000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-04-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.316450000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>BANCO SANTANDER SA</name>
        <lei>5493006QMFDDMYWIAM13</lei>
        <title>Banco Santander SA</title>
        <cusip>05964HAE5</cusip>
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          <isin value="US05964HAE53"/>
          <ticker value="SANTAN"/>
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        <balance>1400000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1429059.950000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>BANK OF AMERICA CORP</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
        <title>Bank of America Corp</title>
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          <ticker value="BAC"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>BANK OF AMERICA CORP</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
        <title>Bank of America Corp</title>
        <cusip>06051GFZ7</cusip>
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          <isin value="US06051GFZ72"/>
          <ticker value="BAC"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>90DAY EURO$ FUTR  Mar22</title>
        <cusip>N/A</cusip>
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          <ticker value="EDH2"/>
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        <balance>54.000000000000</balance>
        <units>NC</units>
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            <payOffProf>Long</payOffProf>
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                <issuerName>3 Month Eurodollar Time Deposits</issuerName>
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        <name>N/A</name>
        <lei>N/A</lei>
        <title>90DAY EURO$ FUTR  Jun21</title>
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          <ticker value="EDM1"/>
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        <balance>1785.000000000000</balance>
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              <counterpartyName>Chicago Mercantile Exchange</counterpartyName>
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            <payOffProf>Long</payOffProf>
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                <issuerName>3 Month Eurodollar Time Deposits</issuerName>
                <issueTitle>3 Month Eurodollar Time Deposits</issueTitle>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BANK OF MONTREAL</name>
        <lei>NQQ6HPCNCCU6TUTQYE16</lei>
        <title>Bank of Montreal</title>
        <cusip>06367WJM6</cusip>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>BANK OF NY MELLON CORP</name>
        <lei>WFLLPEPC7FZXENRZV188</lei>
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          <isin value="US06406RAA59"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Barclays Dryrock Issuance Trus</name>
        <lei>213800R4G3N2G68CHU37</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BERKSHIRE HATHAWAY ENERG</name>
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        <title>Berkshire Hathaway Energy Co</title>
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          <isin value="US084659AH41"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2021-01-15</maturityDt>
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      <invstOrSec>
        <name>N/A</name>
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        <title>90DAY EURO$ FUTR  Sep20</title>
        <cusip>N/A</cusip>
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          <ticker value="EDU0"/>
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        <balance>-7.000000000000</balance>
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        <fairValLevel>1</fairValLevel>
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              <counterpartyName>Chicago Mercantile Exchange</counterpartyName>
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            <payOffProf>Short</payOffProf>
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            <expDate>2020-09-14</expDate>
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        <name>N/A</name>
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          <ticker value="EDU1"/>
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        <fairValLevel>1</fairValLevel>
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            <payOffProf>Long</payOffProf>
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                <issuerName>3 Month Eurodollar Time Deposits</issuerName>
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        <name>N/A</name>
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          <ticker value="EDZ0"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>N/A</name>
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          <ticker value="EDZ1"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>BIRMINGHAM AL WTRWKS BRD WTR R</name>
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      <invstOrSec>
        <name>BRISTOL-MYERS SQUIBB CO</name>
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          <ticker value="BMY"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>BURLINGTN NORTH SANTA FE</name>
        <lei>N/A</lei>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>VIACOMCBS INC</name>
        <lei>5KYC8KF17ROCY24M3H09</lei>
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        <issuerCat>CORP</issuerCat>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>AMSTERDAM IDX FUT Jan20</title>
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          <isin value="NLENX5955366"/>
          <ticker value="EOF0"/>
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        <name>N/A</name>
        <lei>N/A</lei>
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          <isin value="GB00H1QMMZ94"/>
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              <counterpartyName>ICE Futures Europe Financials</counterpartyName>
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            <payOffProf>Short</payOffProf>
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                <issuerName>3 Month Euribor</issuerName>
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      <invstOrSec>
        <name>CDP FINANCIAL INC</name>
        <lei>549300OXMGVYFCBFV096</lei>
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        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
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        <name>N/A</name>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.875000000000</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>DIGITAL REALTY TRUST LP</name>
        <lei>CD4SPTZ3YBTHY0C1AH38</lei>
        <title>Digital Realty Trust LP</title>
        <cusip>25389JAK2</cusip>
        <identifiers>
          <isin value="US25389JAK25"/>
          <ticker value="DLR"/>
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        <balance>1425000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1473395.290000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.625000000000</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>Discover Card Execution Note T</name>
        <lei>549300CKCX1QE4RUW216</lei>
        <title>Discover Card Execution Note Trust</title>
        <cusip>254683CE3</cusip>
        <identifiers>
          <isin value="US254683CE33"/>
          <ticker value="DCENT"/>
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        <balance>2775000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2773432.680000000000</valUSD>
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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>2025-08-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.069750000000</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>TWDC ENTERPRISES 18 CORP</name>
        <lei>7260JQNI6SCF9FIV2392</lei>
        <title>TWDC Enterprises 18 Corp</title>
        <cusip>25468PCN4</cusip>
        <identifiers>
          <isin value="US25468PCN42"/>
          <ticker value="DIS"/>
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        <balance>1545000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1569310.100000000000</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>2021-08-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.750000000000</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>DISCOVERY COMMUNICATIONS</name>
        <lei>L2Z2MO2EQURH3BREWI15</lei>
        <title>Discovery Communications LLC</title>
        <cusip>25470DAH2</cusip>
        <identifiers>
          <isin value="US25470DAH26"/>
          <ticker value="DISCA"/>
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        <balance>2150000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2212416.220000000000</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>2023-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.250000000000</annualizedRt>
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          <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>Dominos Pizza Master Issuer LL</name>
        <lei>N/A</lei>
        <title>Domino's Pizza Master Issuer LLC</title>
        <cusip>25755TAF7</cusip>
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          <isin value="US25755TAF75"/>
          <ticker value="DPABS"/>
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        <balance>1073100.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1073883.360000000000</valUSD>
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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>2047-07-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.189630000000</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>DUKE REALTY LP</name>
        <lei>2549009GZDBNY1KE9O81</lei>
        <title>Duke Realty LP</title>
        <cusip>26441YAV9</cusip>
        <identifiers>
          <isin value="US26441YAV92"/>
          <ticker value="DRE"/>
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        <balance>1210000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1268402.960000000000</valUSD>
        <pctVal>0.1539052072</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-06-15</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>
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      </invstOrSec>
      <invstOrSec>
        <name>ENTERGY NEW ORLEANS STORE RECO</name>
        <lei>N/A</lei>
        <title>Entergy New Orleans Storm Recovery Funding I LLC</title>
        <cusip>29277VAA4</cusip>
        <identifiers>
          <isin value="US29277VAA44"/>
          <ticker value="ENOI"/>
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        <balance>1000854.540000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1011164.040000000000</valUSD>
        <pctVal>0.1226924061</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.670000000000</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>ENTERPRISE PRODUCTS OPER</name>
        <lei>5493004LGN656HWLDA30</lei>
        <title>Enterprise Products Operating LLC</title>
        <cusip>29379VBP7</cusip>
        <identifiers>
          <isin value="US29379VBP76"/>
          <ticker value="EPD"/>
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        <balance>2115000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2135184.230000000000</valUSD>
        <pctVal>0.2590785276</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.800000000000</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>Citigroup Commercial Mortgage</name>
        <lei>N/A</lei>
        <title>Citigroup Commercial Mortgage Trust 2019-PRM</title>
        <cusip>29429JAE0</cusip>
        <identifiers>
          <isin value="US29429JAE01"/>
          <ticker value="CGCMT"/>
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        <balance>2100000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2170218.540000000000</valUSD>
        <pctVal>0.2633295133</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-05-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.644000000000</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>Evergreen Credit Card Trust</name>
        <lei>5493002G9KVV6J3CNU15</lei>
        <title>Evergreen Credit Card Trust Series 2018-2</title>
        <cusip>30023JAV0</cusip>
        <identifiers>
          <isin value="US30023JAV08"/>
          <ticker value="EVGRN"/>
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        <balance>1975000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1976449.260000000000</valUSD>
        <pctVal>0.2398179778</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-07-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.089750000000</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>N/A</name>
        <lei>N/A</lei>
        <title>HSCEI Futures     Jan20</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="HCF0"/>
        </identifiers>
        <balance>101.000000000000</balance>
        <units>NC</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300000000"/>
        <valUSD>53876.070000000000</valUSD>
        <pctVal>0.0065372031</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>HK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Hong Kong Futures Exchange</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>Hang Seng China Enterprises Index</indexName>
                <indexIdentifier>HC_Index</indexIdentifier>
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            <expDate>2020-01-30</expDate>
            <notionalAmt>56195732.449999999999</notionalAmt>
            <curCd>HKD</curCd>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>COPPER FUTURE     Mar20</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="HGH0"/>
        </identifiers>
        <balance>-17.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>11304.520000000000</valUSD>
        <pctVal>0.0013716654</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Commodity Exchange Inc.</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Copper</issuerName>
                <issueTitle>Copper</issueTitle>
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                  <cusip value="N/A"/>
                  <other otherDesc="USER DEFINED" value="HG_Comdty"/>
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            </descRefInstrmnt>
            <expDate>2020-03-27</expDate>
            <notionalAmt>-1200029.520000000000</notionalAmt>
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            <unrealizedAppr>11304.520000000000</unrealizedAppr>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>EXELON GENERATION CO LLC</name>
        <lei>S2PEWKCZFFECR4533P43</lei>
        <title>Exelon Generation Co LLC</title>
        <cusip>30161MAR4</cusip>
        <identifiers>
          <isin value="US30161MAR43"/>
          <ticker value="EXC"/>
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        <balance>620000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>636384.950000000000</valUSD>
        <pctVal>0.0772175410</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.400000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FDIC STRUCTURED SALE GUARANTEE</name>
        <lei>N/A</lei>
        <title>FDIC Guaranteed Notes Trust 2010-S4</title>
        <cusip>30250UAA5</cusip>
        <identifiers>
          <isin value="US30250UAA51"/>
          <ticker value="SSGN"/>
        </identifiers>
        <balance>284134.640000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>284454.090000000000</valUSD>
        <pctVal>0.0345150296</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-12-04</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.501380000000</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>N/A</name>
        <lei>N/A</lei>
        <title>HANG SENG IDX FUT Jan20</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="HIF0"/>
        </identifiers>
        <balance>-25.000000000000</balance>
        <units>NC</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300000000"/>
        <valUSD>4606.160000000000</valUSD>
        <pctVal>0.0005589013</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>HK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Hong Kong Futures Exchange</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <counterparties>
              <counterpartyName>Hong Kong Futures Exchange</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>Hang Seng Index</indexName>
                <indexIdentifier>HI_Index</indexIdentifier>
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            <expDate>2020-01-30</expDate>
            <notionalAmt>-35373392.499999999996</notionalAmt>
            <curCd>HKD</curCd>
            <unrealizedAppr>4606.160000000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>HANG SENG IDX FUT Jan20</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="HIF0"/>
        </identifiers>
        <balance>59.000000000000</balance>
        <units>NC</units>
        <currencyConditional curCd="HKD" exchangeRt="7.792300000000"/>
        <valUSD>20940.880000000000</valUSD>
        <pctVal>0.0025409200</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>HK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Hong Kong Futures Exchange</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <counterparties>
              <counterpartyName>Hong Kong Futures Exchange</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>Hang Seng Index</indexName>
                <indexIdentifier>HI_Index</indexIdentifier>
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            <expDate>2020-01-30</expDate>
            <notionalAmt>83233322.740000000002</notionalAmt>
            <curCd>HKD</curCd>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>NY Harb ULSD Fut  Feb20</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="HOG0"/>
        </identifiers>
        <balance>155.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>24054.630000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>New York Mercantile Exchange</counterpartyName>
              <counterpartyLei>5493008GFNDTXFPHWI47</counterpartyLei>
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            <payOffProf>Long</payOffProf>
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              <otherRefInst>
                <issuerName>NY Harbor ULSD</issuerName>
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        </derivativeInfo>
        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>NY Harb ULSD Fut  Mar20</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="HOH0"/>
        </identifiers>
        <balance>6.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-5845.440000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
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              <counterpartyName>New York Mercantile Exchange</counterpartyName>
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            <payOffProf>Long</payOffProf>
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                <issuerName>NY Harbor ULSD</issuerName>
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            <expDate>2020-02-28</expDate>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FRESB Multifamily Mortgage Pas</name>
        <lei>N/A</lei>
        <title>FRESB 2016-SB17 Mortgage Trust</title>
        <cusip>30294UAC9</cusip>
        <identifiers>
          <isin value="US30294UAC99"/>
          <ticker value="FRESB"/>
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        <balance>2561353.070000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2558763.540000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-05-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.150000000000</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>
      <invstOrSec>
        <name>FRESB Multifamily Mortgage Pas</name>
        <lei>N/A</lei>
        <title>FRESB 2017-SB32 Mortgage Trust</title>
        <cusip>302952AB2</cusip>
        <identifiers>
          <isin value="US302952AB21"/>
          <ticker value="FRESB"/>
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        <balance>3329970.190000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3341538.510000000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-04-25</maturityDt>
          <couponKind>Variable</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>NY Harb ULSD Fut  Apr20</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="HOJ0"/>
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        <balance>2.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
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        <assetCat>DCO</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <futrDeriv derivCat="FUT">
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              <counterpartyName>New York Mercantile Exchange</counterpartyName>
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            <payOffProf>Long</payOffProf>
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              <otherRefInst>
                <issuerName>NY Harbor ULSD</issuerName>
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            <expDate>2020-03-31</expDate>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>IBEX 35 INDX FUTR Jan20</title>
        <cusip>N/A</cusip>
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          <isin value="ES0B00059229"/>
          <ticker value="IBF0"/>
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        <assetCat>DE</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Meff Renta Variable (Madrid)</counterpartyName>
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            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>IBEX 35 Index</indexName>
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            <curCd>EUR</curCd>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>FRESB Multifamily Mortgage Pas</name>
        <lei>N/A</lei>
        <title>FRESB 2016-SB22 Mortgage Trust</title>
        <cusip>30300XAJ0</cusip>
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          <isin value="US30300XAJ00"/>
          <ticker value="FRESB"/>
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        <balance>4069758.140000000000</balance>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <securityLending>
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      <invstOrSec>
        <name>FRESB Multifamily Mortgage Pas</name>
        <lei>N/A</lei>
        <title>FRESB 2019-SB69 Mortgage Trust</title>
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          <isin value="US30312XAE76"/>
          <ticker value="FRESB"/>
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        <balance>5950000.000000000000</balance>
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        <issuerCat>USGSE</issuerCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>FRESB Multifamily Mortgage Pas</name>
        <lei>N/A</lei>
        <title>FRESB 2019-SB67 Mortgage Trust</title>
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          <isin value="US30314KAS24"/>
          <ticker value="FRESB"/>
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        <balance>3618284.360000000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-07-25</maturityDt>
          <couponKind>Variable</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Fannie Mae - CAS</name>
        <lei>N/A</lei>
        <title>Fannie Mae Connecticut Avenue Securities</title>
        <cusip>30711XAF1</cusip>
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          <isin value="US30711XAF15"/>
          <ticker value="CAS"/>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>SGX Nifty 50      Jan20</title>
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          <isin value="SGXDB0160190"/>
          <ticker value="IHF0"/>
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        <assetCat>DE</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>SG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
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              <counterpartyName>Singapore Exchange (was SIMEX)</counterpartyName>
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            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>SGX Nifty 50 Index</indexName>
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            <expDate>2020-01-30</expDate>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Euro-BTP Future   Mar20</title>
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          <isin value="DE000C3ZZTH9"/>
          <ticker value="IKH0"/>
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        <assetCat>DIR</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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            <payOffProf>Short</payOffProf>
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                <issuerName>Euro-BTP Italian Government Bonds</issuerName>
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            <expDate>2020-03-06</expDate>
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      </invstOrSec>
      <invstOrSec>
        <name>Fannie Mae - CAS</name>
        <lei>N/A</lei>
        <title>Fannie Mae Connecticut Avenue Securities</title>
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          <isin value="US30711XAK00"/>
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      <invstOrSec>
        <name>Fannie Mae - CAS</name>
        <lei>N/A</lei>
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          <isin value="US30711XEK63"/>
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      <invstOrSec>
        <name>Fannie Mae - CAS</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
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          <ticker value="MFSH0"/>
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        <fairValLevel>1</fairValLevel>
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              <counterpartyName>ICE Futures US Indices</counterpartyName>
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      </invstOrSec>
      <invstOrSec>
        <name>FEDERAL FARM CREDIT BANK</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FANNIE MAE</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FANNIE MAE</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Fanniemae-Aces</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-06-25</maturityDt>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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          <other otherDesc="USER DEFINED" value="MXNUSD011520"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>N/A</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>N/A</name>
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          <other otherDesc="USER DEFINED" value="MXNUSD032020"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>NATURAL GAS FUTR  Feb20</title>
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          <ticker value="NGG20"/>
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        <balance>-367.000000000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
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      <invstOrSec>
        <name>Freddie Mac</name>
        <lei>N/A</lei>
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          <isin value="US3137AB2F77"/>
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        <fairValLevel>2</fairValLevel>
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        <name>FHLMC Multifamily Structured P</name>
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        <name>FHLMC Multifamily Structured P</name>
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        <name>Freddie Mac - STACR</name>
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        <title>Freddie Mac Structured Agency Credit Risk Debt Notes</title>
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      <invstOrSec>
        <name>N/A</name>
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          <ticker value="NGH20"/>
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        <name>N/A</name>
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          <ticker value="NGJ20"/>
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            <payOffProf>Short</payOffProf>
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                <issuerName>Natural Gas</issuerName>
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            <expDate>2020-03-27</expDate>
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        <securityLending>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>NATURAL GAS FUTR  May20</title>
        <cusip>N/A</cusip>
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          <ticker value="NGK20"/>
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        <balance>-25.000000000000</balance>
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        <fairValLevel>1</fairValLevel>
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        <name>Freddie Mac - STACR</name>
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        <name>N/A</name>
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        <name>N/A</name>
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      <invstOrSec>
        <name>N/A</name>
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          <ticker value="UXF0"/>
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        <fairValLevel>1</fairValLevel>
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          <ticker value="UXG0"/>
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      <invstOrSec>
        <name>N/A</name>
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          <ticker value="UXH0"/>
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      <invstOrSec>
        <name>N/A</name>
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          <ticker value="UXJ0"/>
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              <counterpartyName>Cboe Futures Exchange</counterpartyName>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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          <isin value="DE000C174QX9"/>
          <ticker value="VGH0"/>
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        <assetCat>DE</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <futrDeriv derivCat="FUT">
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              <counterpartyName>Eurex</counterpartyName>
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            <payOffProf>Long</payOffProf>
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                <indexName>Euro STOXX 50 Quanto Index</indexName>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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        <identifiers>
          <other otherDesc="TICKER" value="W H0"/>
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        <balance>181.000000000000</balance>
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        <assetCat>DCO</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
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              <counterpartyName>Chicago Board of Trade</counterpartyName>
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            <counterparties>
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            <payOffProf>Long</payOffProf>
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                <issuerName>Wheat</issuerName>
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        <securityLending>
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      <invstOrSec>
        <name>N/A</name>
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          <other otherDesc="TICKER" value="W H0"/>
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        <assetCat>DCO</assetCat>
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              <counterpartyName>Chicago Board of Trade</counterpartyName>
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                <issuerName>Wheat</issuerName>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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        <identifiers>
          <ticker value="WNH0"/>
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        <balance>-33.000000000000</balance>
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        <assetCat>DIR</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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              <counterpartyName>Chicago Board of Trade</counterpartyName>
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            <payOffProf>Short</payOffProf>
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        <securityLending>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>GASOLINE RBOB FUT Feb20</title>
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          <ticker value="XBG0"/>
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        <balance>184.000000000000</balance>
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        <valUSD>-40369.170000000000</valUSD>
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        <assetCat>DCO</assetCat>
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        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
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            <counterparties>
              <counterpartyName>New York Mercantile Exchange</counterpartyName>
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            <payOffProf>Long</payOffProf>
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              <otherRefInst>
                <issuerName>Reformulated Gasoline Blendstock</issuerName>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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          <ticker value="XBH0"/>
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        <balance>17.000000000000</balance>
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        <assetCat>DCO</assetCat>
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        <fairValLevel>1</fairValLevel>
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              <counterpartyName>New York Mercantile Exchange</counterpartyName>
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            <payOffProf>Long</payOffProf>
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                <issuerName>Reformulated Gasoline Blendstock</issuerName>
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        <securityLending>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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        <identifiers>
          <ticker value="XBJ0"/>
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        <balance>10.000000000000</balance>
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            <payOffProf>Long</payOffProf>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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          <ticker value="XBK0"/>
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        <balance>4.000000000000</balance>
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        <assetCat>DCO</assetCat>
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            <payOffProf>Long</payOffProf>
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                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="USER DEFINED" value="XB_Comdty"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2020-04-30</expDate>
            <notionalAmt>319031.360000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-3090.560000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>AUST 10Y BOND FUT Mar20</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="XMH0"/>
        </identifiers>
        <balance>-155.000000000000</balance>
        <units>NC</units>
        <currencyConditional curCd="AUD" exchangeRt="1.425010000000"/>
        <valUSD>146573.700000000000</valUSD>
        <pctVal>0.0177849283</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>ASX Trade24</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <counterparties>
              <counterpartyName>ASX Trade24</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Austrailian Government 10 Year Bonds</issuerName>
                <issueTitle>Austrailian Government 10 Year Bonds</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="USER DEFINED" value="XM_Comdty"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2020-03-16</expDate>
            <notionalAmt>-22367374.886932800000</notionalAmt>
            <curCd>AUD</curCd>
            <unrealizedAppr>146573.700000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>AUST 10Y BOND FUT Mar20</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="XMH0"/>
        </identifiers>
        <balance>313.000000000000</balance>
        <units>NC</units>
        <currencyConditional curCd="AUD" exchangeRt="1.425010000000"/>
        <valUSD>-591837.300000000000</valUSD>
        <pctVal>-0.0718122278</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>ASX Trade24</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <counterparties>
              <counterpartyName>ASX Trade24</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Austrailian Government 10 Year Bonds</issuerName>
                <issueTitle>Austrailian Government 10 Year Bonds</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="USER DEFINED" value="XM_Comdty"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2020-03-16</expDate>
            <notionalAmt>45589276.642753300000</notionalAmt>
            <curCd>AUD</curCd>
            <unrealizedAppr>-591837.300000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>SPI 200 FUTURES   Mar20</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="XPH0"/>
        </identifiers>
        <balance>10.000000000000</balance>
        <units>NC</units>
        <currencyConditional curCd="AUD" exchangeRt="1.425010000000"/>
        <valUSD>-27011.740000000000</valUSD>
        <pctVal>-0.0032775447</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>ASX Trade24</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>ASX SPI 200 Index</indexName>
                <indexIdentifier>XP_Index</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <expDate>2020-03-19</expDate>
            <notionalAmt>1689242.000000000000</notionalAmt>
            <curCd>AUD</curCd>
            <unrealizedAppr>-27011.740000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>FTSE CHINA A50    Jan20</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SGXDB0160059"/>
          <ticker value="XUF0"/>
        </identifiers>
        <balance>26.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>4446.200000000000</valUSD>
        <pctVal>0.0005394921</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>SG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Singapore Exchange (was SIMEX)</counterpartyName>
              <counterpartyLei>549300IQ650PPXM76X03</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>FTSE China A50 Index</indexName>
                <indexIdentifier>XU_Index</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <expDate>2020-01-23</expDate>
            <notionalAmt>370213.800000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>4446.200000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>AUST 3YR BOND FUT Mar20</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="YMH0"/>
        </identifiers>
        <balance>-73.000000000000</balance>
        <units>NC</units>
        <currencyConditional curCd="AUD" exchangeRt="1.425010000000"/>
        <valUSD>11829.660000000000</valUSD>
        <pctVal>0.0014353848</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>ASX Trade24</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Austrailian Government 3 Year Bonds</issuerName>
                <issueTitle>Austrailian Government 3 Year Bonds</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="USER DEFINED" value="YM_Comdty"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2020-03-16</expDate>
            <notionalAmt>-8412855.263416500000</notionalAmt>
            <curCd>AUD</curCd>
            <unrealizedAppr>11829.660000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>FTSE 100 IDX FUT  Mar20</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00F7D1RN68"/>
          <other otherDesc="TICKER" value="Z H0"/>
        </identifiers>
        <balance>179.000000000000</balance>
        <units>NC</units>
        <currencyConditional curCd="GBP" exchangeRt=".754940000000"/>
        <valUSD>-42706.390000000000</valUSD>
        <pctVal>-0.0051818988</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>ICE Futures Europe Financials</counterpartyName>
              <counterpartyLei>549300UF4R84F48NCH34</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>FTSE 100 Index</indexName>
                <indexIdentifier>Z_Index</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <expDate>2020-03-20</expDate>
            <notionalAmt>13455450.789999999998</notionalAmt>
            <curCd>GBP</curCd>
            <unrealizedAppr>-42706.390000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="The monthly total returns shown in B.5.a. do not reflect the deduction of sales loads or redemption fees.&#10;" noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2020-01-23</ncom:dateSigned>
      <ncom:nameOfApplicant>LoCorr Investment Trust</ncom:nameOfApplicant>
      <ncom:signature>Jon Essen</ncom:signature>
      <ncom:signerName>Jon Essen</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
