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      <invstOrSec>
        <name>MGM GROWTH/MGM FINANCE</name>
        <lei>N/A</lei>
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        <cusip>55303XAF2</cusip>
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        <curCd>USD</curCd>
        <valUSD>102750.00000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2028-01-15</maturityDt>
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          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>REPUBLICA ORIENT URUGUAY</name>
        <lei>549300RDR012H2V82H43</lei>
        <title>Uruguay Government International Bond</title>
        <cusip>760942BA9</cusip>
        <identifiers>
          <isin value="US760942BA98"/>
          <other otherDesc="SEDOL" value="BNB7S17"/>
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        <balance>975000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1343072.25000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>UY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <maturityDt>2050-06-18</maturityDt>
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          <annualizedRt>5.10000000</annualizedRt>
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      <invstOrSec>
        <name>BRIGHTHOUSE FINANCIAL IN</name>
        <lei>5493003T8SZSHOGGAW52</lei>
        <title>Brighthouse Financial Inc</title>
        <cusip>10922NAG8</cusip>
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          <isin value="US10922NAG88"/>
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        <balance>357000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>415114.94000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2030-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>GMRF Mortgage Acquisition Co.,</name>
        <lei>N/A</lei>
        <title>Galton Funding Mortgage Trust 2018-2</title>
        <cusip>36418GAU8</cusip>
        <identifiers>
          <isin value="US36418GAU85"/>
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        <balance>112625.76000000</balance>
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        <curCd>USD</curCd>
        <valUSD>115164.07000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2058-10-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>REPUBLIC OF ECUADOR</name>
        <lei>5299003Y2U5XK0A35H71</lei>
        <title>Ecuador Government International Bond</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS1707041429"/>
          <other otherDesc="SEDOL" value="BF4Y1F4"/>
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        <balance>835000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>432112.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>EC</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-10-23</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>8.87500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ALBERTSONS COS/SAFEWAY</name>
        <lei>N/A</lei>
        <title>Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC</title>
        <cusip>013092AC5</cusip>
        <identifiers>
          <isin value="US013092AC57"/>
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        <balance>515000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>544169.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</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>ACC Trust</name>
        <lei>N/A</lei>
        <title>ACC Trust 2019-1</title>
        <cusip>00085MAB5</cusip>
        <identifiers>
          <isin value="US00085MAB54"/>
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        <balance>515000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>515597.71000000</valUSD>
        <pctVal>0.368073187647</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-10-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.47000000</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>CONCHO RESOURCES INC</name>
        <lei>SYHS7HRDXLL4I0IQ8776</lei>
        <title>Concho Resources Inc</title>
        <cusip>20605PAM3</cusip>
        <identifiers>
          <isin value="US20605PAM32"/>
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        <balance>590000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>577383.09000000</valUSD>
        <pctVal>0.412180330338</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.40000000</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>OSHKOSH CORP</name>
        <lei>549300FEKNPCFSA2B506</lei>
        <title>Oshkosh Corp</title>
        <cusip>688239AF9</cusip>
        <identifiers>
          <isin value="US688239AF99"/>
          <other otherDesc="SEDOL" value="BF50RF3"/>
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        <balance>497000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>564706.41000000</valUSD>
        <pctVal>0.403130743954</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.60000000</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>FED REPUBLIC OF BRAZIL</name>
        <lei>254900ZFY40OYEADAP90</lei>
        <title>Brazilian Government International Bond</title>
        <cusip>105756CB4</cusip>
        <identifiers>
          <isin value="US105756CB40"/>
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        <balance>365000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>365912.50000000</valUSD>
        <pctVal>0.261216405082</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-01-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</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>
        <name>Pretium Mortgage Credit Partne</name>
        <lei>N/A</lei>
        <title>Pretium Mortgage Credit Partners I 2019-NPL3 LLC</title>
        <cusip>74142RAA2</cusip>
        <identifiers>
          <isin value="US74142RAA23"/>
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        <balance>196420.59000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>195479.97000000</valUSD>
        <pctVal>0.139548594347</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2059-07-27</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.10490000</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>SANTANDER HOLDINGS USA</name>
        <lei>549300SMVCQN2P0O6I58</lei>
        <title>Santander Holdings USA Inc</title>
        <cusip>80282KAP1</cusip>
        <identifiers>
          <isin value="US80282KAP12"/>
          <other otherDesc="SEDOL" value="BF0NL88"/>
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        <balance>660000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>736103.76000000</valUSD>
        <pctVal>0.525487317199</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.40000000</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>
        <name>REPUBLIC OF NIGERIA</name>
        <lei>549300GSBZD84TNEQ285</lei>
        <title>Nigeria Government International Bond</title>
        <cusip>65412JAA1</cusip>
        <identifiers>
          <isin value="US65412JAA16"/>
          <other otherDesc="SEDOL" value="BYQ2MJ0"/>
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        <balance>995000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1005547.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>NG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-02-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.87500000</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>Shearer's Foods LLC</name>
        <lei>549300AQWIJSYS2CIH04</lei>
        <title>Shearer's Foods 06/30/22</title>
        <cusip>82087UAD9</cusip>
        <identifiers>
          <isin value="US82087UAD90"/>
          <other otherDesc="Internal" value="BL1316050"/>
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        <balance>310000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>307675.00000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-06-30</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>FERL PRT LP/FERL PRT FIN</name>
        <lei>N/A</lei>
        <title>Ferrellgas Partners LP / Ferrellgas Partners Finance Corp</title>
        <cusip>315295AG0</cusip>
        <identifiers>
          <isin value="US315295AG08"/>
          <other otherDesc="SEDOL" value="BFCMG99"/>
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        <balance>125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>33125.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.62500000</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>JEFFERIES GRP LLC / CAP</name>
        <lei>N/A</lei>
        <title>Jefferies Group LLC / Jefferies Group Capital Finance Inc</title>
        <cusip>47233JAG3</cusip>
        <identifiers>
          <isin value="US47233JAG31"/>
          <other otherDesc="Sedol" value="BYQ8H04"/>
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        <balance>180000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>204284.35000000</valUSD>
        <pctVal>0.145833836017</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.85000000</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>Progress Residential Trust</name>
        <lei>N/A</lei>
        <title>Progress Residential 2018-SFR2 Trust</title>
        <cusip>74332UAC1</cusip>
        <identifiers>
          <isin value="US74332UAC18"/>
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        <balance>530000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>540673.67000000</valUSD>
        <pctVal>0.385974331021</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-08-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.84100000</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>Landry's Finance Acquisition Co</name>
        <lei>N/A</lei>
        <title>Landry's Finance Acquisition Co</title>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DISCOVER BANK</name>
        <lei>X05BVSK68TQ7YTOSNR22</lei>
        <title>Discover Bank</title>
        <cusip>25466AAN1</cusip>
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          <isin value="US25466AAN19"/>
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        <balance>630000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>659061.90000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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          <maturityDt>2028-08-09</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CF Hippolyta Issuer LLC</name>
        <lei>N/A</lei>
        <title>CF Hippolyta LLC</title>
        <cusip>12530MAA3</cusip>
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          <isin value="US12530MAA36"/>
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        <balance>380000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>385489.14000000</valUSD>
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        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>
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          <maturityDt>2060-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ISTAR FINANCIAL INC</name>
        <lei>QFFLKWYYS3UPWD86E794</lei>
        <title>iStar Inc</title>
        <cusip>46521HAB1</cusip>
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          <isin value="US46521HAB15"/>
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        <balance>464638.53910000</balance>
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        <curCd>USD</curCd>
        <valUSD>453022.58000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-06-28</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.05790000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>REPUBLIC OF TURKEY</name>
        <lei>5493000PCHOG3B6S3Q85</lei>
        <title>Turkey Government International Bond</title>
        <cusip>900123CB4</cusip>
        <identifiers>
          <isin value="US900123CB40"/>
          <other otherDesc="SEDOL" value="B8T2WV7"/>
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        <balance>935000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>725279.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-04-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PERTAMINA PERSERO PT</name>
        <lei>254900NDAKGNZ2IBBL45</lei>
        <title>Pertamina Persero PT</title>
        <cusip>69370PAA9</cusip>
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          <isin value="US69370PAA93"/>
          <other otherDesc="SEDOL" value="BMW3CJ3"/>
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        <balance>820000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1082400.00000000</valUSD>
        <pctVal>0.772700131482</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-05-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.45000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>IVORY COAST</name>
        <lei>254900ICW11T82O6H590</lei>
        <title>Ivory Coast Government International Bond</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS1632632037"/>
          <other otherDesc="SEDOL" value="BYW6508"/>
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        <balance>525000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>528937.50000000</valUSD>
        <pctVal>0.377596152804</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CI</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.12500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>UNITED STATES STEEL CORP</name>
        <lei>JNLUVFYJT1OZSIQ24U47</lei>
        <title>United States Steel Corp</title>
        <cusip>912909AN8</cusip>
        <identifiers>
          <isin value="US912909AN84"/>
          <other otherDesc="SEDOL" value="BFM1RS2"/>
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        <balance>485000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>323737.50000000</valUSD>
        <pctVal>0.231108655594</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</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>TENET HEALTHCARE CORP</name>
        <lei>0W9AIBT6U6ADJ2I8HK17</lei>
        <title>Tenet Healthcare Corp</title>
        <cusip>88033GDE7</cusip>
        <identifiers>
          <isin value="US88033GDE70"/>
          <other otherDesc="SEDOL" value="BM9Y5F6"/>
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        <balance>30000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>32916.00000000</valUSD>
        <pctVal>0.023497965195</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</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>WYNN MACAU LTD</name>
        <lei>254900NMDQ8ENTHU1I31</lei>
        <title>Wynn Macau Ltd</title>
        <cusip>98313RAH9</cusip>
        <identifiers>
          <isin value="US98313RAH93"/>
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        <balance>300000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>301140.00000000</valUSD>
        <pctVal>0.214976827046</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CMS ENERGY CORP</name>
        <lei>549300IA9XFBAGNIBW29</lei>
        <title>CMS Energy Corp</title>
        <cusip>125896BU3</cusip>
        <identifiers>
          <isin value="US125896BU39"/>
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        <balance>460000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>499232.44000000</valUSD>
        <pctVal>0.356390402834</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MDGH - GMTN BV</name>
        <lei>213800L53ZH5KG593W13</lei>
        <title>MDGH - GMTN BV</title>
        <cusip>55276VAG7</cusip>
        <identifiers>
          <isin value="US55276VAG77"/>
          <other otherDesc="SEDOL" value="BGPDDL7"/>
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        <balance>750000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>903249.00000000</valUSD>
        <pctVal>0.644808408223</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-07</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Arroyo Mortgage Trust</name>
        <lei>N/A</lei>
        <title>Arroyo Mortgage Trust 2019-1</title>
        <cusip>042859AA6</cusip>
        <identifiers>
          <isin value="US042859AA69"/>
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        <balance>277601.27000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>285210.24000000</valUSD>
        <pctVal>0.203604942672</pctVal>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-01-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.80500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>TVC Mortgage Trust 2020-RTL1</name>
        <lei>N/A</lei>
        <title>TVC Mortgage Trust 2020-RTL1</title>
        <cusip>90114YAC3</cusip>
        <identifiers>
          <isin value="US90114YAC30"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>437521.90000000</valUSD>
        <pctVal>0.312336686674</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-09-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.19300000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>UKRAINE GOVERNMENT</name>
        <lei>6354001WLTJXOMEXPY07</lei>
        <title>Ukraine Government International Bond</title>
        <cusip>903724BY7</cusip>
        <identifiers>
          <isin value="US903724BY74"/>
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        <balance>485000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>484107.60000000</valUSD>
        <pctVal>0.345593132087</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>UA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.25300000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MEX BONOS DESARR FIX RT</name>
        <lei>254900EGTWEU67VP6075</lei>
        <title>Mexican Bonos</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="MX0MGO0000Q0"/>
          <other otherDesc="SEDOL" value="B4NDCC9"/>
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        <balance>9038000.00000000</balance>
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        <currencyConditional curCd="MXN" exchangeRt="21.88200000"/>
        <valUSD>426704.95000000</valUSD>
        <pctVal>0.304614718190</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-06-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</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>AUST &amp; NZ BANKING GROUP</name>
        <lei>JHE42UYNWWTJB8YTTU19</lei>
        <title>Australia &amp; New Zealand Banking Group Ltd</title>
        <cusip>052528AK2</cusip>
        <identifiers>
          <isin value="US052528AK26"/>
          <other otherDesc="SEDOL" value="BDDQWZ4"/>
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        <balance>755000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>853606.77000000</valUSD>
        <pctVal>0.609369977285</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.40000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ONEMAIN FINANCE CORP</name>
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        <name>ONEMAIN FINANCE CORP</name>
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        <name>XEROX HOLDINGS CORP</name>
        <lei>5493000Y33XDVO2CXC18</lei>
        <title>Xerox Holdings Corp</title>
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        <curCd>USD</curCd>
        <valUSD>40900.00000000</valUSD>
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      <invstOrSec>
        <name>Mariner Finance Issuance Trust</name>
        <lei>N/A</lei>
        <title>Mariner Finance Issuance Trust 2018-A</title>
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          <isin value="US56846PAA21"/>
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        <curCd>USD</curCd>
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      <invstOrSec>
        <name>STATE OF ISRAEL</name>
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      <invstOrSec>
        <name>CONSOLIDATED COMMUNICATIONS</name>
        <lei>549300WW675Y48HDVX34</lei>
        <title>Consolidated Communications Inc</title>
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      <invstOrSec>
        <name>BAYVIEW OPPORTUNITY MASTER FUN</name>
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        <title>Bayview Opportunity Master Fund IVa Trust 2017-SPL5</title>
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          <isin value="US07331UAD00"/>
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        <curCd>USD</curCd>
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      <invstOrSec>
        <name>SCIENTIFIC GAMES INTERNATIO</name>
        <lei>RLTHESQ0RNFQJWPBJN60</lei>
        <title>Scientific Games International Inc</title>
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          <isin value="US80875AAP66"/>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-08-14</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>INVERSIONES CMPC SA</name>
        <lei>549300G475ACIABB4385</lei>
        <title>Inversiones CMPC SA</title>
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        <balance>1035000.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
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          <maturityDt>2030-01-13</maturityDt>
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        <name>RUSSIAN FEDERATION</name>
        <lei>5493004EHVGF71PDBU58</lei>
        <title>Russian Foreign Bond - Eurobond</title>
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          <isin value="RU000A0ZYYN4"/>
          <other otherDesc="SEDOL" value="BD4B195"/>
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        <balance>800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>918640.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-03-21</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>SINOPEC GRP DEV 2018</name>
        <lei>549300C6OZZ8LTVR8209</lei>
        <title>Sinopec Group Overseas Development 2018 Ltd</title>
        <cusip>82939GAC2</cusip>
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          <isin value="US82939GAC24"/>
          <other otherDesc="Sedol" value="BJMJYD8"/>
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        <curCd>USD</curCd>
        <valUSD>1167679.12000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-09-12</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>PETVET CARE CENTERS LLC</name>
        <lei>549300V0HK8MSXZNOM91</lei>
        <title>PetVet Care Centers LLC</title>
        <cusip>70476XAJ4</cusip>
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          <isin value="US70476XAJ46"/>
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        <balance>105000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-02-14</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>REPUBLIC OF TURKEY</name>
        <lei>5493000PCHOG3B6S3Q85</lei>
        <title>Turkey Government International Bond</title>
        <cusip>900123BZ2</cusip>
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          <isin value="US900123BZ27"/>
          <other otherDesc="SEDOL" value="B71BPC7"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-09-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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      <invstOrSec>
        <name>PERRIGO FINANCE UNLIMITE</name>
        <lei>549300E86RB6YCTMRM83</lei>
        <title>Perrigo Finance Unlimited Co</title>
        <cusip>71429MAB1</cusip>
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          <isin value="US71429MAB19"/>
          <other otherDesc="SEDOL" value="BDB49P9"/>
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        <balance>445000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>499816.70000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
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      <invstOrSec>
        <name>PANTHER BF AGGREGATOR 2</name>
        <lei>549300474L1ZLXZY2P98</lei>
        <title>Clarios Global LP</title>
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          <isin value="XAC8000CAB90"/>
          <other otherDesc="INTERNAL" value="BL2937516"/>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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        <name>PETROBRAS GLOBAL FINANCE</name>
        <lei>549300FNENFFSMO3GT38</lei>
        <title>Petrobras Global Finance BV</title>
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          <other otherDesc="SEDOL" value="BJMTK96"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
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          <maturityDt>2049-03-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.90000000</annualizedRt>
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      <invstOrSec>
        <name>IHEARTCOMMUNICATIONS INC</name>
        <lei>54930076J6KDZL504O62</lei>
        <title>iHeartCommunications Inc</title>
        <cusip>45174HBD8</cusip>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.37500000</annualizedRt>
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        <name>TRANSOCEAN INC</name>
        <lei>DOL4HJ22ADYSIWES4H94</lei>
        <title>Transocean Inc</title>
        <cusip>893830BL2</cusip>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6125.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.00000000</annualizedRt>
          <isDefault>N</isDefault>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SELECT MEDICAL CORP</name>
        <lei>N/A</lei>
        <title>Select Medical Corp</title>
        <cusip>816196AT6</cusip>
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          <isin value="US816196AT67"/>
          <other otherDesc="SEDOL" value="BKPHQM9"/>
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        <balance>270000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>290052.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CINCINNATI BELL INC</name>
        <lei>549300JYVZOCUJOHL272</lei>
        <title>Cincinnati Bell Inc</title>
        <cusip>171871AP1</cusip>
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          <isin value="US171871AP14"/>
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        <balance>575000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>594406.25000000</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>2024-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>TENCENT HOLDINGS LTD</name>
        <lei>254900N4SLUMW4XUYY11</lei>
        <title>Tencent Holdings Ltd</title>
        <cusip>88032WAN6</cusip>
        <identifiers>
          <isin value="US88032WAN65"/>
          <other otherDesc="Sedol" value="BJRF8C8"/>
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        <balance>730000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>840247.61000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-04-11</maturityDt>
          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>DELL INT LLC / EMC CORP</name>
        <lei>N/A</lei>
        <title>Dell International LLC / EMC Corp</title>
        <cusip>25272KAN3</cusip>
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          <isin value="US25272KAN37"/>
          <other otherDesc="SEDOL" value="BD96MJ2"/>
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        <balance>255000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>338828.44000000</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>2036-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.10000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>STARS GROUP HOLDINGS BV</name>
        <lei>549300RNFXC8F8RT6R13</lei>
        <title>Stars Group Holdings BV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XAN8233BAC62"/>
          <other otherDesc="INTERNAL" value="BL2690198"/>
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        <balance>44352.36980000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>44381.20000000</valUSD>
        <pctVal>0.031682704245</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-07-10</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.76810000</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>REPUBLIC OF GHANA</name>
        <lei>213800PP4399SNNXZ126</lei>
        <title>Ghana Government International Bond</title>
        <cusip>374422AG8</cusip>
        <identifiers>
          <isin value="US374422AG84"/>
          <other otherDesc="SEDOL" value="BF5HB74"/>
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        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>191043.20000000</valUSD>
        <pctVal>0.136381287656</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>GH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.62500000</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>AVANTOR FUNDING INC</name>
        <lei>5493003VM0XB4U8YD238</lei>
        <title>Avantor Funding Inc</title>
        <cusip>05352TAA7</cusip>
        <identifiers>
          <isin value="US05352TAA79"/>
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        <balance>30000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>31731.00000000</valUSD>
        <pctVal>0.022652021315</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</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>IND &amp; COMM BK CHINA/NY</name>
        <lei>5493002ERZU2K9PZDL40</lei>
        <title>Industrial &amp; Commercial Bank of China Ltd/New York NY</title>
        <cusip>45580KAK4</cusip>
        <identifiers>
          <isin value="US45580KAK43"/>
          <other otherDesc="Sedol" value="BD9MY72"/>
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        <balance>925000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1028174.50000000</valUSD>
        <pctVal>0.733989810917</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.53800000</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>ALFA S.A.</name>
        <lei>549300ZCGJ6T8YDJ4M34</lei>
        <title>Alfa SAB de CV</title>
        <cusip>015398AB6</cusip>
        <identifiers>
          <isin value="US015398AB62"/>
          <other otherDesc="SEDOL" value="BKXNSL2"/>
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        <balance>910000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>984488.05000000</valUSD>
        <pctVal>0.702803072503</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-03-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</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>MGM GROWTH/MGM FINANCE</name>
        <lei>N/A</lei>
        <title>MGM Growth Properties Operating Partnership LP / MGP Finance Co-Issuer Inc</title>
        <cusip>55303XAK1</cusip>
        <identifiers>
          <isin value="US55303XAK19"/>
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        <balance>70000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>73871.00000000</valUSD>
        <pctVal>0.052734785118</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</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>ARAB REPUBLIC OF EGYPT</name>
        <lei>529900GFIVH4086NMH82</lei>
        <title>Egypt Government International Bond</title>
        <cusip>038461AM1</cusip>
        <identifiers>
          <isin value="US038461AM14"/>
          <other otherDesc="SEDOL" value="BDG6ZJ6"/>
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        <balance>715000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>732746.30000000</valUSD>
        <pctVal>0.523090504761</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>EG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-01-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.50000000</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>BAUSCH HEALTH AMERICAS</name>
        <lei>KOO0397YRO83WY5MGD97</lei>
        <title>Bausch Health Americas Inc</title>
        <cusip>91911UAH3</cusip>
        <identifiers>
          <isin value="XAC9413PBB85"/>
          <other otherDesc="INTERNAL" value="BL2848150"/>
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        <balance>144000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>140940.00000000</valUSD>
        <pctVal>0.100613780978</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-11-27</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.99600000</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>EVERI PAYMENTS INC</name>
        <lei>5493006Q4MDLHOY1JV70</lei>
        <title>Everi Payments Inc</title>
        <cusip>30034YAF9</cusip>
        <identifiers>
          <isin value="US30034YAF97"/>
          <other otherDesc="INTERNAL" value="BL3348382"/>
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        <balance>25000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>25500.00000000</valUSD>
        <pctVal>0.018203855647</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-05-09</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>11.50000000</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>REPUBLIC OF COLOMBIA</name>
        <lei>549300MHDRBVRF6B9117</lei>
        <title>Colombia Government International Bond</title>
        <cusip>195325DS1</cusip>
        <identifiers>
          <isin value="US195325DS19"/>
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        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>207802.00000000</valUSD>
        <pctVal>0.148345004362</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.12500000</annualizedRt>
          <isDefault>N</isDefault>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>REPUBLIC OF PANAMA</name>
        <lei>549300SHS4T08CL0LP14</lei>
        <title>Panama Government International Bond</title>
        <cusip>698299BL7</cusip>
        <identifiers>
          <isin value="US698299BL70"/>
          <other otherDesc="SEDOL" value="BJVN8G2"/>
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        <balance>850000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1007250.00000000</valUSD>
        <pctVal>0.719052298074</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>PA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2060-07-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>REPUBLIC OF COLOMBIA</name>
        <lei>549300MHDRBVRF6B9117</lei>
        <title>Colombia Government International Bond</title>
        <cusip>195325DT9</cusip>
        <identifiers>
          <isin value="US195325DT91"/>
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        <balance>470000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>501725.00000000</valUSD>
        <pctVal>0.358169783322</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.12500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Towd Point Mortgage Trust</name>
        <lei>N/A</lei>
        <title>Towd Point Mortgage Trust 2015-2</title>
        <cusip>89171YAD3</cusip>
        <identifiers>
          <isin value="US89171YAD31"/>
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        <balance>615000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>644842.88000000</valUSD>
        <pctVal>0.460338302070</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2060-11-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.25000000</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>CALLON PETROLEUM CO</name>
        <lei>549300EFOWPEB0WLZW21</lei>
        <title>Callon Petroleum Co</title>
        <cusip>13123XAT9</cusip>
        <identifiers>
          <isin value="US13123XAT90"/>
          <other otherDesc="SEDOL" value="BD8Q9G9"/>
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        <balance>218149.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>71239.28000000</valUSD>
        <pctVal>0.050856061550</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.12500000</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>Pug LLC</name>
        <lei>N/A</lei>
        <title>PUG LLC 01/29/27</title>
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        <curCd>USD</curCd>
        <valUSD>345399.03000000</valUSD>
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        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>Veros Auto Receivables Trust</name>
        <lei>N/A</lei>
        <title>Veros Automobile Receivables Trust 2018-1</title>
        <cusip>92511AAB2</cusip>
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          <isin value="US92511AAB26"/>
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        <balance>348282.35000000</balance>
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        <curCd>USD</curCd>
        <valUSD>349380.69000000</valUSD>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>
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          <maturityDt>2024-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Blackhawk Network Holdings Inc</name>
        <lei>549300LFU3K8UIR03132</lei>
        <title>Blackhawk Network Holdings Inc</title>
        <cusip>09238FAK7</cusip>
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          <isin value="US09238FAK75"/>
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        <curCd>USD</curCd>
        <valUSD>274940.72000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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      <invstOrSec>
        <name>LUKOIL INTL FINANCE BV</name>
        <lei>724500LG1GUKJ5TOIW61</lei>
        <title>Lukoil International Finance BV</title>
        <cusip>549876AH3</cusip>
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          <isin value="US549876AH32"/>
          <other otherDesc="SEDOL" value="B95Q6H4"/>
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        <balance>400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>426580.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

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          <maturityDt>2023-04-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.56300000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TERRAFORM POWER OPERATIN</name>
        <lei>5493000S2OLR3UT5BE13</lei>
        <title>TerraForm Power Operating LLC</title>
        <cusip>88104LAE3</cusip>
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          <isin value="US88104LAE39"/>
          <other otherDesc="SEDOL" value="BD2BVC0"/>
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        <balance>285000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>316673.48000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>DISH DBS CORP</name>
        <lei>N/A</lei>
        <title>DISH DBS Corp</title>
        <cusip>25470XAJ4</cusip>
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          <isin value="US25470XAJ46"/>
          <other otherDesc="SEDOL" value="B8HNVJ3"/>
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        <balance>260000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>274430.00000000</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>2022-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>UNITI GRP/UNITI HLD/CSL</name>
        <lei>N/A</lei>
        <title>Uniti Group LP / Uniti Fiber Holdings Inc / CSL Capital LLC</title>
        <cusip>91327AAA0</cusip>
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          <isin value="US91327AAA07"/>
          <other otherDesc="SEDOL" value="BL6Z5M2"/>
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        <balance>180000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>190243.80000000</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>2025-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.87500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SURGERY CENTER HOLDINGS</name>
        <lei>54930054EVI5HWPPW113</lei>
        <title>Surgery Center Holdings Inc</title>
        <cusip>86881WAD4</cusip>
        <identifiers>
          <isin value="US86881WAD48"/>
          <other otherDesc="SEDOL" value="BJWZMN2"/>
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        <balance>230000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>249044.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>10.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Towd Point Mortgage Trust</name>
        <lei>N/A</lei>
        <title>Towd Point Mortgage Trust 2018-6</title>
        <cusip>89176LAC8</cusip>
        <identifiers>
          <isin value="US89176LAC81"/>
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        <balance>215000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>236180.25000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-03-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>ARAB REPUBLIC OF EGYPT</name>
        <lei>529900GFIVH4086NMH82</lei>
        <title>Egypt Government International Bond</title>
        <cusip>03846JX62</cusip>
        <identifiers>
          <isin value="US03846JX626"/>
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        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>208004.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>EG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-05-29</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.87500000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PT PERTAMINA (PERSERO)</name>
        <lei>254900NDAKGNZ2IBBL45</lei>
        <title>Pertamina Persero PT</title>
        <cusip>69370RAA5</cusip>
        <identifiers>
          <isin value="US69370RAA59"/>
          <other otherDesc="SEDOL" value="BMW3NT0"/>
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        <balance>815000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1075800.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-05-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.45000000</annualizedRt>
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      <invstOrSec>
        <name>BRIGHTHOUSE FINANCIAL IN</name>
        <lei>5493003T8SZSHOGGAW52</lei>
        <title>Brighthouse Financial Inc</title>
        <cusip>10922NAC7</cusip>
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          <isin value="US10922NAC74"/>
          <other otherDesc="SEDOL" value="BD9C1J3"/>
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        <balance>196000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>206017.45000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.70000000</annualizedRt>
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      <invstOrSec>
        <name>KEYCORP</name>
        <lei>RKPI3RZGV1V1FJTH5T61</lei>
        <title>KeyCorp</title>
        <cusip>493267AK4</cusip>
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          <isin value="US493267AK43"/>
          <other otherDesc="SEDOL" value="BD8F8M5"/>
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        <balance>985000.00000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>UNITED MEXICAN STATES</name>
        <lei>254900EGTWEU67VP6075</lei>
        <title>Mexico Government International Bond</title>
        <cusip>91087BAG5</cusip>
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          <isin value="US91087BAG59"/>
          <other otherDesc="SEDOL" value="BK63J38"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>MX</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-01-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>Tricolor Auto Securitization T</name>
        <lei>N/A</lei>
        <title>Tricolor Auto Securitization Trust 2018-2</title>
        <cusip>89614SAB5</cusip>
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          <isin value="US89614SAB51"/>
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        <curCd>USD</curCd>
        <valUSD>389017.85000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2022-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.76000000</annualizedRt>
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      <invstOrSec>
        <name>WESCO DISTRIBUTION INC</name>
        <lei>549300I2CEZJG9N4AH67</lei>
        <title>WESCO Distribution Inc</title>
        <cusip>95081QAP9</cusip>
        <identifiers>
          <isin value="US95081QAP90"/>
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        <balance>225000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>251032.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.25000000</annualizedRt>
          <isDefault>N</isDefault>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CHENIERE ENERGY PARTNERS</name>
        <lei>5493005UEC8AZ34LDV29</lei>
        <title>Cheniere Energy Partners LP</title>
        <cusip>16411QAD3</cusip>
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          <isin value="US16411QAD34"/>
          <other otherDesc="SEDOL" value="BK971Z3"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>209638.00000000</valUSD>
        <pctVal>0.149655681969</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <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>Exeter Automobile Receivables</name>
        <lei>N/A</lei>
        <title>Exeter Automobile Receivables Trust 2018-4</title>
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      <invstOrSec>
        <name>ARD FINANCE SA</name>
        <lei>6354006P6QPGGPVJW880</lei>
        <title>ARD Finance SA</title>
        <cusip>00191AAD8</cusip>
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          <isin value="US00191AAD81"/>
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        <balance>515000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>527875.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>LU</invCountry>
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          <maturityDt>2027-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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      <invstOrSec>
        <name>COOPER-STANDARD AUTOMOTI</name>
        <lei>ITCH5B3Q4RTX2PH9UN62</lei>
        <title>Cooper-Standard Automotive Inc</title>
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          <isin value="US216762AG93"/>
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        <balance>275000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>291500.00000000</valUSD>
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          <annualizedRt>13.00000000</annualizedRt>
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      <invstOrSec>
        <name>ANTERO MIDSTREAM PART/FI</name>
        <lei>N/A</lei>
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          <isin value="US03690AAF30"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2028-01-15</maturityDt>
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          <annualizedRt>5.75000000</annualizedRt>
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      <invstOrSec>
        <name>SERVICE PROPERTIES TRUST</name>
        <lei>529900IS770AG1K9QG27</lei>
        <title>Service Properties Trust</title>
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          <isin value="US44106MAT99"/>
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        <balance>745000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>696575.00000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <maturityDt>2025-03-15</maturityDt>
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      <invstOrSec>
        <name>KINDER MORGAN INC/DELAWA</name>
        <lei>549300WR7IX8XE0TBO16</lei>
        <title>Kinder Morgan Inc</title>
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        <curCd>USD</curCd>
        <valUSD>817581.87000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>NORWEGIAN AIR 16-1 A PTT</name>
        <lei>N/A</lei>
        <title>Norwegian Air Shuttle ASA 2016-1 Class A Pass Through Trust</title>
        <cusip>628788AA9</cusip>
        <identifiers>
          <isin value="US628788AA95"/>
          <other otherDesc="SEDOL" value="BYVFKT0"/>
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        <balance>667187.59320000</balance>
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        <curCd>USD</curCd>
        <valUSD>590477.70000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CLARIOS GLOBAL LP/US FIN</name>
        <lei>N/A</lei>
        <title>Clarios Global LP / Clarios US Finance Co</title>
        <cusip>69867DAC2</cusip>
        <identifiers>
          <isin value="US69867DAC20"/>
          <other otherDesc="SEDOL" value="BJ0M440"/>
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        <balance>355000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>376934.56000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>N/A</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.50000000</annualizedRt>
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      <invstOrSec>
        <name>HUNTINGTON BANCSHARES</name>
        <lei>549300XTVCVV9I7B5T19</lei>
        <title>Huntington Bancshares Inc/OH</title>
        <cusip>446150AL8</cusip>
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        <balance>253000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>240982.50000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.70000000</annualizedRt>
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      <invstOrSec>
        <name>GTL TRADE FIN / GERDAU</name>
        <lei>N/A</lei>
        <title>GTL Trade Finance Inc / Gerdau Holdings Inc</title>
        <cusip>36249SAA1</cusip>
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          <other otherDesc="SEDOL" value="BMH0M77"/>
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        <balance>386000.00000000</balance>
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        <valUSD>425082.50000000</valUSD>
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        <invCountry>VG</invCountry>

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          <maturityDt>2024-04-29</maturityDt>
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        <name>NATIONAL FUEL GAS CO</name>
        <lei>8JB38FFW1Y3C1HM8E841</lei>
        <title>National Fuel Gas Co</title>
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        <balance>385000.00000000</balance>
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        <valUSD>421360.78000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2026-01-15</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>INTELSAT JACKSON HLDG</name>
        <lei>8XJ8KF85PBKK1TLMFN29</lei>
        <title>Intelsat Jackson Holdings SA</title>
        <cusip>000000000</cusip>
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          <other otherDesc="INTERNAL" value="BL2590364"/>
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        <balance>202000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>203957.38000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-01-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</annualizedRt>
          <isDefault>Y</isDefault>
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      <invstOrSec>
        <name>TALEN ENERGY SUPPLY LLC</name>
        <lei>K5K33XN0PQAU1XF7NN66</lei>
        <title>Talen Energy Supply LLC</title>
        <cusip>87422VAF5</cusip>
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          <isin value="US87422VAF58"/>
          <other otherDesc="SEDOL" value="BK77J95"/>
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        <balance>115000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>117875.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.25000000</annualizedRt>
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      <invstOrSec>
        <name>SKOPOS AUTO RECEIVABLES TRUST</name>
        <lei>N/A</lei>
        <title>Skopos Auto Receivables Trust 2018-1</title>
        <cusip>83085LAB3</cusip>
        <identifiers>
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        <balance>36838.38000000</balance>
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        <curCd>USD</curCd>
        <valUSD>36844.14000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-05-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.93000000</annualizedRt>
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      <invstOrSec>
        <name>Vericrest Opportunity Loan Tra</name>
        <lei>N/A</lei>
        <title>Vericrest Opportunity Loan Trust 2019-NPL2</title>
        <cusip>92872KAA5</cusip>
        <identifiers>
          <isin value="US92872KAA51"/>
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        <balance>268013.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>267971.38000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>3.96720000</annualizedRt>
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        <name>BHP BILLITON FIN USA LTD</name>
        <lei>5493003NUVITP3TMY274</lei>
        <title>BHP Billiton Finance USA Ltd</title>
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        <balance>435000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>519759.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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      <invstOrSec>
        <name>PAYSAFE HOLDINGS(US)</name>
        <lei>549300N8UN7DUDH51357</lei>
        <title>Paysafe Holdings US Corp</title>
        <cusip>000000000</cusip>
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        <balance>497010.73400000</balance>
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        <curCd>USD</curCd>
        <valUSD>469675.14000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-01-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>JUNIPER NETWORKS INC</name>
        <lei>AUHIXNGG7U2U7JEHM527</lei>
        <title>Juniper Networks Inc</title>
        <cusip>48203RAM6</cusip>
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          <isin value="US48203RAM60"/>
          <other otherDesc="SEDOL" value="BJTJ787"/>
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        <balance>350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>398015.45000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-08-15</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>INTERCORP PERU LTD</name>
        <lei>549300L0OFVSOE4NSY75</lei>
        <title>Intercorp Peru Ltd</title>
        <cusip>458652AB0</cusip>
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          <isin value="US458652AB08"/>
          <other otherDesc="Sedol" value="BKLV6V4"/>
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        <balance>730000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>713611.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BS</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
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          <maturityDt>2029-08-15</maturityDt>
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      <invstOrSec>
        <name>CLEAR CHANNEL WORLDWIDE</name>
        <lei>N/A</lei>
        <title>Clear Channel Worldwide Holdings Inc</title>
        <cusip>18453HAA4</cusip>
        <identifiers>
          <isin value="US18453HAA41"/>
          <other otherDesc="SEDOL" value="BJ9NFT6"/>
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        <balance>175000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>176802.50000000</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>2027-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>DYNCORP INTERNTL INC</name>
        <lei>549300SUPXO1WGG7V096</lei>
        <title>DynCorp International Inc</title>
        <cusip>26816DAL4</cusip>
        <identifiers>
          <isin value="US26816DAL47"/>
          <other otherDesc="INTERNAL" value="BL3107036"/>
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        <balance>226187.50000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>223925.63000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-08-16</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.00000000</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>REPUBLIC OF INDONESIA</name>
        <lei>529900FWX0GRR7WG5W79</lei>
        <title>Indonesia Government International Bond</title>
        <cusip>455780CQ7</cusip>
        <identifiers>
          <isin value="US455780CQ75"/>
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        <balance>515000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>543139.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.85000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FAIRFAX FINL HLDGS LTD</name>
        <lei>GLS7OQD0WOEDI8YAP031</lei>
        <title>Fairfax Financial Holdings Ltd</title>
        <cusip>303901BB7</cusip>
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          <isin value="US303901BB79"/>
          <other otherDesc="SEDOL" value="BJH0PC2"/>
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        <balance>550000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>609373.31000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.85000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GENERAL ELECTRIC CO</name>
        <lei>3C7474T6CDKPR9K6YT90</lei>
        <title>General Electric Co</title>
        <cusip>369604BQ5</cusip>
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          <isin value="US369604BQ57"/>
          <other otherDesc="SEDOL" value="BYZLD06"/>
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        <balance>788000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>614277.52000000</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>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>AMERICAN GREETINGS CORP</name>
        <lei>549300WMJOT8C9DNMF90</lei>
        <title>American Greetings Corp</title>
        <cusip>02639DAL0</cusip>
        <identifiers>
          <isin value="US02639DAL01"/>
          <other otherDesc="INTERNAL" value="BL2659037"/>
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        <balance>257664.38020000</balance>
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        <curCd>USD</curCd>
        <valUSD>248001.97000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-04-06</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GLS Auto Receivables Trust</name>
        <lei>N/A</lei>
        <title>GLS Auto Receivables Issuer Trust 2019-4</title>
        <cusip>36258HAE5</cusip>
        <identifiers>
          <isin value="US36258HAE53"/>
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        <balance>495000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>504260.96000000</valUSD>
        <pctVal>0.359980146058</pctVal>
        <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>Fixed</couponKind>
          <annualizedRt>3.06000000</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>SIGNATURE AVIATION US</name>
        <lei>213800CSNQ87U1MC8N11</lei>
        <title>Signature Aviation US Holdings Inc</title>
        <cusip>05545MAC6</cusip>
        <identifiers>
          <isin value="US05545MAC64"/>
          <other otherDesc="SEDOL" value="BKVKBH2"/>
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        <balance>510000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>498621.90000000</valUSD>
        <pctVal>0.355954552559</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>US FARATHANE LLC</name>
        <lei>549300HLVY1RVM0MPI20</lei>
        <title>US Farathane LLC</title>
        <cusip>90350DAE8</cusip>
        <identifiers>
          <isin value="US90350DAE85"/>
          <other otherDesc="INTERNAL" value="BL2521211"/>
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        <balance>315845.07040000</balance>
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        <curCd>USD</curCd>
        <valUSD>256624.12000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-12-23</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MILEAGE PLUS HOLDINGS IN</name>
        <lei>N/A</lei>
        <title>Mileage Plus Holdings LLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="INTERNAL" value="BL3392828"/>
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        <balance>190000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>192019.70000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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      <invstOrSec>
        <name>SPRINT SPECTRUM / SPEC I</name>
        <lei>N/A</lei>
        <title>Sprint Spectrum Co LLC / Sprint Spectrum Co II LLC / Sprint Spectrum Co III LLC</title>
        <cusip>85208NAE0</cusip>
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          <isin value="US85208NAE04"/>
          <other otherDesc="SEDOL" value="BYVRZR9"/>
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        <balance>485000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>570166.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-03-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.15200000</annualizedRt>
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        <name>DOWNSTREAM DEVELOPMENT</name>
        <lei>549300NM30NX0VZ5ZB32</lei>
        <title>Downstream Development Authority of the Quapaw Tribe of Oklahoma</title>
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          <isin value="US26112TAJ51"/>
          <other otherDesc="SEDOL" value="BG0GY29"/>
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        <balance>140000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>127400.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <maturityDt>2023-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>10.50000000</annualizedRt>
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      <invstOrSec>
        <name>REPUBLIC OF INDONESIA</name>
        <lei>529900FWX0GRR7WG5W79</lei>
        <title>Indonesia Government International Bond</title>
        <cusip>455780BX3</cusip>
        <identifiers>
          <isin value="US455780BX36"/>
          <other otherDesc="SEDOL" value="BYNZTG8"/>
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        <balance>935000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1074090.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ID</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.35000000</annualizedRt>
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      <invstOrSec>
        <name>GLS Auto Receivables Trust</name>
        <lei>N/A</lei>
        <title>GLS Auto Receivables Issuer Trust 2020-3</title>
        <cusip>36260CAE2</cusip>
        <identifiers>
          <isin value="US36260CAE21"/>
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        <balance>550000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>549787.43000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.31000000</annualizedRt>
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      <invstOrSec>
        <name>PHOENIX GUARANTOR INC</name>
        <lei>N/A</lei>
        <title>Phoenix Guarantor Inc</title>
        <cusip>71913BAB8</cusip>
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          <isin value="US71913BAB80"/>
          <other otherDesc="INTERNAL" value="BL3290253"/>
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        <balance>329172.93230000</balance>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-03-05</maturityDt>
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        <name>SPDR Bloomberg Barclays High Yield Bond ETF</name>
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        <title>SPDR Bloomberg Barclays High Yield Bond ETF</title>
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        <name>NAVISTAR INC</name>
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      <invstOrSec>
        <name>H-FOOD HOLDINGS LLC</name>
        <lei>549300JY2LK0EQ95YT44</lei>
        <title>H-Food Holdings LLC</title>
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        <assetCat>LON</assetCat>
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          <maturityDt>2025-05-31</maturityDt>
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      <invstOrSec>
        <name>UNITED STATES STEEL CORP</name>
        <lei>JNLUVFYJT1OZSIQ24U47</lei>
        <title>United States Steel Corp</title>
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          <isin value="US912909AR98"/>
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          <maturityDt>2025-06-01</maturityDt>
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      <invstOrSec>
        <name>BX Trust 2019-OC11</name>
        <lei>N/A</lei>
        <title>BX Trust 2019-OC11</title>
        <cusip>05606FAL7</cusip>
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          <isin value="US05606FAL76"/>
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        <balance>515000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>490346.18000000</valUSD>
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          <maturityDt>2041-12-09</maturityDt>
          <couponKind>Variable</couponKind>
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        <name>CARNIVAL CORP</name>
        <lei>F1OF2ZSX47CR0BCWA982</lei>
        <title>Carnival Corp</title>
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        <balance>75000.00000000</balance>
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        <name>GRUPO TELEVISA SAB</name>
        <lei>549300O4AF0C816ILN62</lei>
        <title>Grupo Televisa SAB</title>
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          <isin value="US40049JBB26"/>
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        <invCountry>MX</invCountry>
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          <maturityDt>2026-01-30</maturityDt>
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      <invstOrSec>
        <name>STANLEY BLACK &amp; DECKER I</name>
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        <title>Stanley Black &amp; Decker Inc</title>
        <cusip>854502AM3</cusip>
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          <isin value="US854502AM31"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2060-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>CITRIX SYSTEMS INC</name>
        <lei>HCTKJGUQOPZ5NBK7NP58</lei>
        <title>Citrix Systems Inc</title>
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          <isin value="US177376AF70"/>
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        <balance>730000.00000000</balance>
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        <invCountry>US</invCountry>
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          <maturityDt>2030-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.30000000</annualizedRt>
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      <invstOrSec>
        <name>Colony American Finance Ltd</name>
        <lei>N/A</lei>
        <title>CoreVest American Finance 2018-2 Trust</title>
        <cusip>21872MAA0</cusip>
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          <isin value="US21872MAA09"/>
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        <balance>284266.03000000</balance>
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          <maturityDt>2052-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>BAUSCH HEALTH AMERICAS</name>
        <lei>KOO0397YRO83WY5MGD97</lei>
        <title>Bausch Health Americas Inc</title>
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          <maturityDt>2027-01-31</maturityDt>
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        <name>DIAMOND BC BV</name>
        <lei>549300SWLHWJF3D4N658</lei>
        <title>Diamond BC BV</title>
        <cusip>000000000</cusip>
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          <isin value="XAN2611UAC98"/>
          <other otherDesc="INTERNAL" value="BL2482646"/>
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        <valUSD>492467.40000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Citigroup Mortgage Loan Trust</name>
        <lei>N/A</lei>
        <title>Citigroup Mortgage Loan Trust 2019-RP1</title>
        <cusip>17327RAA8</cusip>
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          <isin value="US17327RAA86"/>
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        <balance>488933.31000000</balance>
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        <curCd>USD</curCd>
        <valUSD>520176.69000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2066-01-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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      <invstOrSec>
        <name>Westlake Automobile Receivable</name>
        <lei>N/A</lei>
        <title>Westlake Automobile Receivables Trust 2018-2</title>
        <cusip>96042FAF1</cusip>
        <identifiers>
          <isin value="US96042FAF18"/>
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        <balance>381000.00000000</balance>
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        <curCd>USD</curCd>
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          <maturityDt>2024-01-16</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>REPUBLIC OF GHANA</name>
        <lei>213800PP4399SNNXZ126</lei>
        <title>Ghana Government International Bond</title>
        <cusip>37443GAB7</cusip>
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          <isin value="US37443GAB77"/>
          <other otherDesc="SEDOL" value="BJ2CHH2"/>
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        <balance>665000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>629755.00000000</valUSD>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>GH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-03-26</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>DCP MIDSTREAM OPERATING</name>
        <lei>549300Y6CTBSE0QIPL28</lei>
        <title>DCP Midstream Operating LP</title>
        <cusip>23311VAG2</cusip>
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          <isin value="US23311VAG23"/>
          <other otherDesc="SEDOL" value="BDG06C8"/>
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        <balance>120000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>128916.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2025-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>BANFF MERGER SUB INC</name>
        <lei>549300DSDR5SWIGOZV63</lei>
        <title>Banff Merger Sub Inc</title>
        <cusip>05988LAA6</cusip>
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          <isin value="US05988LAA61"/>
          <other otherDesc="SEDOL" value="BDDMND7"/>
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        <balance>245000.00000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.75000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>Aqua Finance Trust</name>
        <lei>N/A</lei>
        <title>Aqua Finance Trust 2017-A</title>
        <cusip>03837PAA5</cusip>
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          <maturityDt>2027-09-15</maturityDt>
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        <name>DOMINICAN REPUBLIC</name>
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        <title>Dominican Republic International Bond</title>
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        <name>UKRAINE GOVERNMENT</name>
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          <isin value="US903724AS16"/>
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        <name>RUSSIAN FEDERATION</name>
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        <title>Russian Foreign Bond - Eurobond</title>
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          <maturityDt>2047-06-23</maturityDt>
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        <name>ESKOM HOLDINGS SOC LTD</name>
        <lei>3789001900ED06F65111</lei>
        <title>Eskom Holdings SOC Ltd</title>
        <cusip>29646AAB2</cusip>
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          <isin value="US29646AAB26"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
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      <invstOrSec>
        <name>GFL ENVIRONMENTAL INC</name>
        <lei>549300FYK4MBXWIVZU26</lei>
        <title>GFL Environmental Inc</title>
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          <other otherDesc="SEDOL" value="BD6NTW8"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Verus Securitization Trust</name>
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        <cusip>92537FAA3</cusip>
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        <name>REPUBLIC OF VENEZUELA</name>
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        <title>Venezuela Government International Bond</title>
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        <invCountry>VE</invCountry>
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        <name>AFREN PLC</name>
        <lei>213800B4XZJ3ZDM7CL47</lei>
        <title>Afren PLC</title>
        <cusip>00830FAD4</cusip>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
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        <name>DISCOVER FINANCIAL SVS</name>
        <lei>Z1YLO2USPORE63VVUL20</lei>
        <title>Discover Financial Services</title>
        <cusip>254709AQ1</cusip>
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          <isin value="US254709AQ15"/>
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          <maturityDt>N/A</maturityDt>
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        <name>GLS Auto Receivables Trust</name>
        <lei>N/A</lei>
        <title>GLS Auto Receivables Issuer Trust 2020-3</title>
        <cusip>36260CAD4</cusip>
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        <balance>480000.00000000</balance>
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        <issuerCat>CORP</issuerCat>
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          <maturityDt>2026-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.27000000</annualizedRt>
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        <name>PETROLEOS MEXICANOS</name>
        <lei>549300CAZKPF4HKMPX17</lei>
        <title>Petroleos Mexicanos</title>
        <cusip>71654QCB6</cusip>
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        <balance>710000.00000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
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          <couponKind>Fixed</couponKind>
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        <name>UNITI GROUP/CSL CAPITAL</name>
        <lei>N/A</lei>
        <title>Uniti Group LP / Uniti Group Finance Inc / CSL Capital LLC</title>
        <cusip>20341WAD7</cusip>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <name>REPUBLIC OF ANGOLA</name>
        <lei>549300QHR2R3J8JSGK83</lei>
        <title>Angolan Government International Bond</title>
        <cusip>035198AB6</cusip>
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          <other otherDesc="SEDOL" value="BFY6P69"/>
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        <balance>450000.00000000</balance>
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        <valUSD>381994.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>AO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.25000000</annualizedRt>
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      <invstOrSec>
        <name>Clear Channel Outdoor Holdings</name>
        <lei>N/A</lei>
        <title>Clear Channel Outdoor Holdings Inc</title>
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        <name>RSA SECURITY LLC</name>
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      <invstOrSec>
        <name>STATE OF QATAR</name>
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          <isin value="US74727PBE07"/>
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      <invstOrSec>
        <name>KAISER ALUMINUM CORP</name>
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        <name>DIAMOND BC BV</name>
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        <title>Diamond BC BV</title>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
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        <name>ADVANZ PHARMA CORP LTD</name>
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        <title>Advanz Pharma Corp Ltd</title>
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        <invCountry>JE</invCountry>

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        <name>FRONTIER COMMUNICATIONS</name>
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        <name>PLAYA RESORTS HOLDING B.V.</name>
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        <assetCat>LON</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>
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      <invstOrSec>
        <name>Carvana Auto Receivables Trust</name>
        <lei>549300PQFD4GEYYTOY78</lei>
        <title>Carvana Auto Receivables Trust 2019-1</title>
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        <name>GLS Auto Receivables Trust</name>
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        <name>NMEF Funding LLC</name>
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        <title>NMEF Funding 2019-A LLC</title>
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        <name>CHG HEALTHCARE SERVICES INC</name>
        <lei>54930016Y1HPAVB9PZ54</lei>
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        <name>BANCO DE BOGOTA SA</name>
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        <title>Banco de Bogota SA</title>
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        <name>PETROLEOS MEXICANOS</name>
        <lei>549300CAZKPF4HKMPX17</lei>
        <title>Petroleos Mexicanos</title>
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        <name>VISTA OUTDOOR INC</name>
        <lei>549300QI2D33ESTJLN81</lei>
        <title>Vista Outdoor Inc</title>
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        <name>TEVA PHARMACEUTICALS NE</name>
        <lei>5493004T21MOAFINJP35</lei>
        <title>Teva Pharmaceutical Finance Netherlands III BV</title>
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        <isRestrictedSec>N</isRestrictedSec>
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          <maturityDt>2026-10-01</maturityDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>BANCO NACIONAL COM EXT</name>
        <lei>4469000001BL6VG3DH44</lei>
        <title>Banco Nacional de Comercio Exterior SNC/Cayman Islands</title>
        <cusip>05970AAA0</cusip>
        <identifiers>
          <isin value="US05970AAA07"/>
          <other otherDesc="Sedol" value="BYWM3G8"/>
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        <balance>510000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>541875.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-10-14</maturityDt>
          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>AVOLON HOLDINGS FNDG LTD</name>
        <lei>635400ZRKEX9L1BKCH30</lei>
        <title>Avolon Holdings Funding Ltd</title>
        <cusip>05401AAG6</cusip>
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          <isin value="US05401AAG67"/>
          <other otherDesc="Sedol" value="BJV0CQ1"/>
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        <balance>631000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>581102.10000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>OFFICE CHERIFIEN DES PHO</name>
        <lei>N/A</lei>
        <title>OCP SA</title>
        <cusip>67091TAA3</cusip>
        <identifiers>
          <isin value="US67091TAA34"/>
          <other otherDesc="SEDOL" value="BLT2G05"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1629375.00000000</valUSD>
        <pctVal>1.163172835120</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-04-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ROYAL CARIBBEAN CRUISES</name>
        <lei>K2NEH8QNVW44JIWK7Z55</lei>
        <title>Royal Caribbean Cruises Ltd</title>
        <cusip>780153BC5</cusip>
        <identifiers>
          <isin value="US780153BC56"/>
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        <balance>65000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>68412.50000000</valUSD>
        <pctVal>0.048838089195</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.12500000</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>REPUBLIC OF INDONESIA</name>
        <lei>529900FWX0GRR7WG5W79</lei>
        <title>Indonesia Government International Bond</title>
        <cusip>455780CT1</cusip>
        <identifiers>
          <isin value="US455780CT15"/>
          <other otherDesc="SEDOL" value="BKPS8B5"/>
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        <balance>1020000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1203640.80000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.20000000</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>BAUSCH HEALTH AMERICAS</name>
        <lei>KOO0397YRO83WY5MGD97</lei>
        <title>Bausch Health Americas Inc</title>
        <cusip>91911XAV6</cusip>
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          <isin value="US91911XAV64"/>
          <other otherDesc="SEDOL" value="BG487H7"/>
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        <balance>155000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>171853.15000000</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>2026-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.25000000</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>Hertz Vehicle Financing LLC</name>
        <lei>549300FPK70TCB78NG05</lei>
        <title>Hertz Vehicle Financing II LP</title>
        <cusip>42806DBQ1</cusip>
        <identifiers>
          <isin value="US42806DBQ16"/>
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        <balance>467153.85000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>467403.45000000</valUSD>
        <pctVal>0.333668428742</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-02-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.29000000</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>HECLA MINING CO</name>
        <lei>5493009Y6HOBZD1QD537</lei>
        <title>Hecla Mining Co</title>
        <cusip>422704AH9</cusip>
        <identifiers>
          <isin value="US422704AH97"/>
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        <balance>430000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>474075.00000000</valUSD>
        <pctVal>0.338431092786</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.25000000</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>BOEING CO</name>
        <lei>RVHJWBXLJ1RFUBSY1F30</lei>
        <title>Boeing Co/The</title>
        <cusip>097023CX1</cusip>
        <identifiers>
          <isin value="US097023CX16"/>
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        <balance>160000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>195146.82000000</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>2060-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.93000000</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>SAUDI INTERNATIONAL BOND</name>
        <lei>635400FMICXSM3SI3H65</lei>
        <title>Saudi Government International Bond</title>
        <cusip>80413TAC3</cusip>
        <identifiers>
          <isin value="US80413TAC36"/>
          <other otherDesc="SEDOL" value="BYQ6M92"/>
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        <balance>780000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>942942.00000000</valUSD>
        <pctVal>0.673144315761</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>SA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-10-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>EPR PROPERTIES</name>
        <lei>549300YSSXFHMPOWZ492</lei>
        <title>EPR Properties</title>
        <cusip>26884UAC3</cusip>
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          <isin value="US26884UAC36"/>
          <other otherDesc="SEDOL" value="BDRYQ07"/>
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        <balance>260000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>250651.05000000</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>2026-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BOXER PARENT CO INC</name>
        <lei>5493006T045HLTF7YX04</lei>
        <title>Boxer Parent Co Inc</title>
        <cusip>05988HAB3</cusip>
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          <isin value="US05988HAB33"/>
          <other otherDesc="INTERNAL" value="BL2725580"/>
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        <balance>199493.67090000</balance>
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        <curCd>USD</curCd>
        <valUSD>195587.58000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-10-02</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.55380000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Towd Point Mortgage Trust</name>
        <lei>N/A</lei>
        <title>Towd Point Mortgage Trust 2018-SJ1</title>
        <cusip>89176BAA4</cusip>
        <identifiers>
          <isin value="US89176BAA44"/>
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        <balance>102464.78000000</balance>
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        <curCd>USD</curCd>
        <valUSD>103511.45000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-10-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PARFUMS HOLDING CO INC</name>
        <lei>549300S46D4GK45PA591</lei>
        <title>Parfums Holding Co Inc</title>
        <cusip>000000000</cusip>
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          <other otherDesc="INTERNAL" value="BL2794164"/>
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        <balance>302973.68400000</balance>
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        <curCd>USD</curCd>
        <valUSD>296284.03000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-06-30</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.55510000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>ALLIANCE RES OP/FINANCE</name>
        <lei>N/A</lei>
        <title>Alliance Resource Operating Partners LP / Alliance Resource Finance Corp</title>
        <cusip>01879NAA3</cusip>
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          <isin value="US01879NAA37"/>
          <other otherDesc="SEDOL" value="BD2M5N2"/>
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        <balance>490000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>362600.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
          <isDefault>N</isDefault>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PETROBRAS GLOBAL FINANCE</name>
        <lei>549300FNENFFSMO3GT38</lei>
        <title>Petrobras Global Finance BV</title>
        <cusip>71647NBH1</cusip>
        <identifiers>
          <isin value="US71647NBH17"/>
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        <balance>1245000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1333419.90000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-03</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.60000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Provident Funding Mortgage Tru</name>
        <lei>N/A</lei>
        <title>Provident Funding Mortgage Trust 2019-1</title>
        <cusip>74387LAC5</cusip>
        <identifiers>
          <isin value="US74387LAC54"/>
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        <balance>379173.54000000</balance>
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        <curCd>USD</curCd>
        <valUSD>390768.10000000</valUSD>
        <pctVal>0.278960238589</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>
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      <invstOrSec>
        <name>TRANSPORT DE GAS PERU</name>
        <lei>529900SKHHNI5HVI0Y66</lei>
        <title>Transportadora de Gas del Peru SA</title>
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        <invCountry>PE</invCountry>
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      <invstOrSec>
        <name>FIELDWOOD ENERGY LLC</name>
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        <title>Fieldwood Energy LLC</title>
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          <maturityDt>2022-04-11</maturityDt>
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      <invstOrSec>
        <name>CITADEL LP</name>
        <lei>N/A</lei>
        <title>Citadel LP</title>
        <cusip>17288XAB0</cusip>
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          <isin value="US17288XAB01"/>
          <other otherDesc="SEDOL" value="BKSYG49"/>
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        <balance>415000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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          <maturityDt>2027-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</annualizedRt>
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      <invstOrSec>
        <name>Citigroup Commercial Mortgage</name>
        <lei>N/A</lei>
        <title>Citigroup Commercial Mortgage Trust 2019-SST2</title>
        <cusip>17327XAA5</cusip>
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          <isin value="US17327XAA54"/>
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        <balance>585000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>574445.78000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
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          <maturityDt>2036-12-15</maturityDt>
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      <invstOrSec>
        <name>Viant Medical Holdings Inc</name>
        <lei>549300E68YOWU15QSF58</lei>
        <title>Viant Medical Holdings Inc</title>
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          <isin value="US58506PAF80"/>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>PETROLEOS MEXICANOS</name>
        <lei>549300CAZKPF4HKMPX17</lei>
        <title>Petroleos Mexicanos</title>
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        <curCd>USD</curCd>
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        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-06-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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      <invstOrSec>
        <name>DRAWBRIDGE SPEC OPPOR FU</name>
        <lei>N/A</lei>
        <title>Drawbridge Special Opportunities Fund LP / Drawbridge Special Opportunities Fin</title>
        <cusip>26150TAA7</cusip>
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          <isin value="US26150TAA79"/>
          <other otherDesc="SEDOL" value="BP55YK2"/>
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        <balance>925000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>929595.11000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2021-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GLP CAPITAL LP / FIN II</name>
        <lei>N/A</lei>
        <title>GLP Capital LP / GLP Financing II Inc</title>
        <cusip>361841AK5</cusip>
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          <isin value="US361841AK54"/>
          <other otherDesc="SEDOL" value="BG08VY6"/>
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        <balance>96000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>109186.56000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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          <maturityDt>2028-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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      <invstOrSec>
        <name>CITGO PETROLEUM CORP</name>
        <lei>YX52P86PXMLYDOTUQ225</lei>
        <title>CITGO Petroleum Corp</title>
        <cusip>17302UAM4</cusip>
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          <isin value="US17302UAM45"/>
          <other otherDesc="INTERNAL" value="BL2943522"/>
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        <valUSD>286118.35000000</valUSD>
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        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>
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          <maturityDt>2024-03-28</maturityDt>
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        <name>AVANTOR INC</name>
        <lei>5493003VM0XB4U8YD238</lei>
        <title>Avantor Inc</title>
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          <isin value="US05352AAA88"/>
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        <name>NORTHWEST FIBER LLC/NORT</name>
        <lei>N/A</lei>
        <title>Northwest Fiber LLC / Northwest Fiber Finance Sub Inc</title>
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          <isin value="US667449AA03"/>
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        <invCountry>US</invCountry>
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        <name>CPI ACQUISITION INC</name>
        <lei>N/A</lei>
        <title>CPI Acquisition Inc</title>
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        <valUSD>234090.00000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2022-08-17</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>MIZUHO FINANCIAL GROUP</name>
        <lei>353800CI5L6DDAN5XZ33</lei>
        <title>Mizuho Financial Group Inc</title>
        <cusip>60687YAV1</cusip>
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          <isin value="US60687YAV11"/>
          <other otherDesc="SEDOL" value="BK0RP05"/>
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        <balance>1000000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-07-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.72100000</annualizedRt>
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        <name>DOMINICAN REPUBLIC</name>
        <lei>254900EHU7Q8FGVPI369</lei>
        <title>Dominican Republic International Bond</title>
        <cusip>25714PCW6</cusip>
        <identifiers>
          <isin value="US25714PCW68"/>
          <other otherDesc="SEDOL" value="BVGCM00"/>
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        <balance>1080000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1146960.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>DO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-01-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.85000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>SCIENTIFIC GAMES INTERNA</name>
        <lei>RLTHESQ0RNFQJWPBJN60</lei>
        <title>Scientific Games International Inc</title>
        <cusip>80874YBA7</cusip>
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          <isin value="US80874YBA73"/>
          <other otherDesc="SEDOL" value="BJRL235"/>
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        <balance>135000.00000000</balance>
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        <valUSD>139067.55000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2026-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.25000000</annualizedRt>
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        <name>ALIBABA GROUP HOLDING</name>
        <lei>5493001NTNQJDH60PM02</lei>
        <title>Alibaba Group Holding Ltd</title>
        <cusip>01609WAT9</cusip>
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          <isin value="US01609WAT99"/>
          <other otherDesc="Sedol" value="BFD9PK3"/>
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        <balance>520000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>588362.63000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

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          <maturityDt>2027-12-06</maturityDt>
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          <annualizedRt>3.40000000</annualizedRt>
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        <name>ORTHO-CLINICAL INC/SA</name>
        <lei>N/A</lei>
        <title>Ortho-Clinical Diagnostics Inc / Ortho-Clinical Diagnostics SA</title>
        <cusip>68752DAC2</cusip>
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          <isin value="US68752DAC20"/>
          <other otherDesc="SEDOL" value="BMXNK98"/>
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        <curCd>USD</curCd>
        <valUSD>192400.00000000</valUSD>
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      <invstOrSec>
        <name>EQM MIDSTREAM PARTNERS L</name>
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        <name>UBER TECHNOLOGIES INC</name>
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        <name>PETROLEOS MEXICANOS</name>
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        <name>MEREDITH CORP</name>
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        <name>EVERI PAYMENTS INC</name>
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        <name>GATEWAY CASINOS &amp; ENTERTAIN</name>
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        <name>BOMBARDIER INC</name>
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        <name>STATE OF QATAR</name>
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        <name>VCAT Asset Securitization, LLC</name>
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        <name>PLAINS ALL AMER PIPELINE</name>
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        <name>SS&amp;C TECHNOLOGIES INC</name>
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        <title>SS&amp;C Technologies Inc</title>
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        <name>REPUBLIC OF SOUTH AFRICA</name>
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        <title>Republic of South Africa Government International Bond</title>
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        <name>RCO Mortgage LLC</name>
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        <name>BANCO SANTANDER CHILE</name>
        <lei>3YJP8HORPAEXJ80D6368</lei>
        <title>Banco Santander Chile</title>
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        <name>ARAB REPUBLIC OF EGYPT</name>
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        <name>FED REPUBLIC OF BRAZIL</name>
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        <name>OCCIDENTAL PETROLEUM COR</name>
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        <title>Occidental Petroleum Corp</title>
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        <name>CLEVELAND-CLIFFS INC</name>
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        <title>Cleveland-Cliffs Inc</title>
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        <name>QVC INC</name>
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        <title>QVC Inc</title>
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        <name>Homeward Opportunities Fund I</name>
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      <invstOrSec>
        <name>CENTURYLINK INC</name>
        <lei>8M3THTGWLTYZVE6BBY25</lei>
        <title>CenturyLink Inc</title>
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      <invstOrSec>
        <name>KINGDOM OF MOROCCO</name>
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        <title>Morocco Government International Bond</title>
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          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>Trinity Rail Leasing L.P.</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Bayview Opportunity Master Fun</name>
        <lei>N/A</lei>
        <title>Bayview Opportunity Master Fund IVa Trust 2016-SPL1</title>
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          <isin value="US07332HAC07"/>
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        <balance>540000.00000000</balance>
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        <curCd>USD</curCd>
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      <invstOrSec>
        <name>Veros Auto Receivables Trust</name>
        <lei>N/A</lei>
        <title>Veros Automobile Receivables Trust 2020-1</title>
        <cusip>92511FAB1</cusip>
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          <isin value="US92511FAB13"/>
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        <balance>515000.00000000</balance>
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        <curCd>USD</curCd>
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          <maturityDt>2025-06-16</maturityDt>
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      <invstOrSec>
        <name>OneMain Direct Auto Receivable</name>
        <lei>N/A</lei>
        <title>OneMain Direct Auto Receivables Trust 2018-1</title>
        <cusip>68268XAC5</cusip>
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          <isin value="US68268XAC56"/>
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        <balance>520000.00000000</balance>
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        <curCd>USD</curCd>
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          <maturityDt>2025-10-14</maturityDt>
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        <name>Upstart Securitization Trust</name>
        <lei>5493001JGB0VWKP2NJ75</lei>
        <title>Upstart Securitization Trust 2019-1</title>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
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        <name>ABC SUPPLY CO INC</name>
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        <title>American Builders &amp; Contractors Supply Co Inc</title>
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      <invstOrSec>
        <name>Planet Fitness Master Issuer L</name>
        <lei>549300NX9W3U2DO53T22</lei>
        <title>Planet Fitness Master Issuer LLC</title>
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        <balance>530550.00000000</balance>
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          <maturityDt>2048-09-05</maturityDt>
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        <name>MICROCHIP TECHNOLOGY INC</name>
        <lei>5493007PTFULNYZJ1R12</lei>
        <title>Microchip Technology Inc</title>
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          <maturityDt>2025-09-01</maturityDt>
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          <annualizedRt>4.25000000</annualizedRt>
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        <name>PETRONAS CAPITAL LTD</name>
        <lei>549300G7YFX3540OYR85</lei>
        <title>Petronas Capital Ltd</title>
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        <balance>555000.00000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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        <name>KRATON POLYMERS LLC/CAP</name>
        <lei>N/A</lei>
        <title>Kraton Polymers LLC / Kraton Polymers Capital Corp</title>
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        <name>SYNGENTA FINANCE NV</name>
        <lei>54930042S3BYCEGOCN86</lei>
        <title>Syngenta Finance NV</title>
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        <name>CALPINE CORP</name>
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        <title>Calpine Corp</title>
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        <name>M/I HOMES INC</name>
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        <title>M/I Homes Inc</title>
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        <name>TKC HOLDINGS INC</name>
        <lei>N/A</lei>
        <title>TKC Holdings Inc</title>
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        <valUSD>247472.77000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-02-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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        <name>BBVA BANCOMER SA TEXAS</name>
        <lei>549300WIWQK5Q9MCUN92</lei>
        <title>BBVA Bancomer SA/Texas</title>
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          <other otherDesc="Sedol" value="BFY0TP8"/>
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        <balance>700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>672000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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      <invstOrSec>
        <name>NORTHWEST FIBER LLC</name>
        <lei>254900LE3FBC16P2QY79</lei>
        <title>Northwest Fiber LLC</title>
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        <curCd>USD</curCd>
        <valUSD>69825.00000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.65680000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>EQUATE PETROCHEMICAL BV</name>
        <lei>635400Y3Z5R4NJSMQ630</lei>
        <title>Equate Petrochemical BV</title>
        <cusip>29441WAC9</cusip>
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          <isin value="US29441WAC91"/>
          <other otherDesc="SEDOL" value="BYMS5S2"/>
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        <balance>790000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>844996.64000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-03</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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      <invstOrSec>
        <name>Chase Mortgage Finance Corpora</name>
        <lei>N/A</lei>
        <title>Chase Mortgage Finance Corp</title>
        <cusip>16164AAC9</cusip>
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          <isin value="US16164AAC99"/>
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        <balance>371669.60000000</balance>
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        <curCd>USD</curCd>
        <valUSD>380373.54000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-12-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.75000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CARNIVAL CORP</name>
        <lei>F1OF2ZSX47CR0BCWA982</lei>
        <title>Carnival Corp</title>
        <cusip>000000000</cusip>
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          <other otherDesc="INTERNAL" value="BL3395938"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>73484.25000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-06-30</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DENBURY RESOURCES INC</name>
        <lei>549300KCWA5W52MS5559</lei>
        <title>Denbury Resources Inc</title>
        <cusip>247916AH2</cusip>
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          <isin value="US247916AH27"/>
          <other otherDesc="SEDOL" value="BZ3ZWF5"/>
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        <balance>224000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>112000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-03-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UKREXIMBANK(BIZ FIN PLC)</name>
        <lei>254900R5STMV7BZYC307</lei>
        <title>Ukreximbank Via Biz Finance PLC</title>
        <cusip>000000000</cusip>
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          <isin value="XS1261826512"/>
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        <balance>290000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>297250.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-04-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.62500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NABORS INDUSTRIES INC</name>
        <lei>549300VFQWRKICUFNU92</lei>
        <title>Nabors Industries Inc</title>
        <cusip>62957HAF2</cusip>
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          <isin value="US62957HAF29"/>
          <other otherDesc="SEDOL" value="BGLN7W0"/>
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        <balance>220000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>63250.00000000</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>2025-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BROOKFIELD WEC HOLDINGS</name>
        <lei>5493002M6GRSU1IWMG57</lei>
        <title>Brookfield WEC Holdings Inc</title>
        <cusip>11284EAL7</cusip>
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          <isin value="US11284EAL74"/>
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        <balance>403849.99980000</balance>
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        <curCd>USD</curCd>
        <valUSD>396637.24000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-08-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.75000000</annualizedRt>
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      <invstOrSec>
        <name>UFC HOLDINGS LLC</name>
        <lei>549300JEOTH7UMZ3C491</lei>
        <title>UFC Holdings LLC</title>
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          <isin value="US90266UAF03"/>
          <other otherDesc="INTERNAL" value="BL2979112"/>
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        <balance>290754.96610000</balance>
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        <curCd>USD</curCd>
        <valUSD>286620.43000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-04-29</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SS&amp;C TECHNOLOGIES INC</name>
        <lei>549300KY09TR3J12JU49</lei>
        <title>SS&amp;C Technologies Inc</title>
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          <isin value="US78466DBE31"/>
          <other otherDesc="INTERNAL" value="BL3291830"/>
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        <balance>91506.38640000</balance>
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        <curCd>USD</curCd>
        <valUSD>88730.08000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-04-16</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.90680000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>ILLINOIS ST</name>
        <lei>54930048FV8RWPR02D67</lei>
        <title>State of Illinois</title>
        <cusip>452152DU2</cusip>
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          <isin value="US452152DU26"/>
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        <balance>700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>821198.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.90000000</annualizedRt>
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        <name>REPUBLIC OF SOUTH AFRICA</name>
        <lei>378900AAFB4F17004C49</lei>
        <title>Republic of South Africa Government International Bond</title>
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          <isin value="US836205AX27"/>
          <other otherDesc="SEDOL" value="BD35XR0"/>
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        <balance>955000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>854725.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-09-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.65000000</annualizedRt>
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        <name>CALIFORNIA ST</name>
        <lei>N/A</lei>
        <title>State of California</title>
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          <isin value="US13063A5E03"/>
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        <balance>570000.00000000</balance>
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        <valUSD>952812.00000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
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      <invstOrSec>
        <name>United Auto Credit Securitizat</name>
        <lei>N/A</lei>
        <title>United Auto Credit Securitization Trust 2019-1</title>
        <cusip>90945QAE1</cusip>
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          <isin value="US90945QAE17"/>
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        <balance>520000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>524904.80000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2024-08-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.29000000</annualizedRt>
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        <name>Atlantic Power 04/11/25</name>
        <lei>5493007KQL803F6BK452</lei>
        <title>Atlantic Power 04/11/25</title>
        <cusip>000000000</cusip>
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          <isin value="XAC3301DAD03"/>
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        <balance>312964.28250000</balance>
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        <curCd>USD</curCd>
        <valUSD>307975.63000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-04-21</maturityDt>
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          <annualizedRt>3.50000000</annualizedRt>
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        <name>GLP CAPITAL LP / FIN II</name>
        <lei>N/A</lei>
        <title>GLP Capital LP / GLP Financing II Inc</title>
        <cusip>361841AJ8</cusip>
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          <isin value="US361841AJ81"/>
          <other otherDesc="SEDOL" value="BG08VZ7"/>
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        <balance>410000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>443488.80000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2025-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <name>FORTRESS TRANS &amp; INFRAST</name>
        <lei>529900E7PUVK6BC8PE80</lei>
        <title>Fortress Transportation and Infrastructure Investors LLC</title>
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        <curCd>USD</curCd>
        <valUSD>53313.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <name>iShares iBoxx $ Investment Grade Corporate Bond ETF</name>
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        <name>Westgate Resorts</name>
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        <name>CALIFORNIA RESOURCES CRP</name>
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        <name>Towd Point Mortgage Trust</name>
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        <name>Frontera Energy Corp</name>
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        <name>Octane Receivables Trust</name>
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        <name>Preston Ridge Partners Mortgag</name>
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        <name>Towd Point Mortgage Trust</name>
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        <name>ZIONS BANCORP NA</name>
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        <name>REPUBLIC OF PHILIPPINES</name>
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        <name>US TREASURY N/B</name>
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        <name>DORIC NIMROD AIR 2012-1A</name>
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        <name>BOEING CO</name>
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        <name>GLS Auto Receivables Trust</name>
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        <name>FERMACA ENTERPRISES S RL</name>
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        <name>Diamond Resorts Owner Trust</name>
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        <name>MILANO ACQUISITION CORP</name>
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      <invstOrSec>
        <name>AI CONVOY LUXEM</name>
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        <name>MCGRAW-HILL GLOBAL ED</name>
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        <title>McGraw-Hill Global Education Holdings LLC / McGraw-Hill Global Education Finance</title>
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        <name>GCAT</name>
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        <name>Homeward Opportunities Fund I</name>
        <lei>N/A</lei>
        <title>Homeward Opportunities Fund I Trust 2018-2</title>
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        <name>ULTIMATE SOFTWARE GROUP INC</name>
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        <name>TALEN ENERGY SUPPLY LLC</name>
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        <name>PETROLEOS MEXICANOS</name>
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        <title>Petroleos Mexicanos</title>
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        <name>BEACON ROOFING SUPPLY IN</name>
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        <title>Beacon Roofing Supply Inc</title>
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        <name>HERCULES OFFSHORE INC ESCR</name>
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        <name>KIK CUSTOM PRODUCTS INC</name>
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        <title>KIK Custom Products Inc</title>
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        <lei>IWUQB36BXD6OWD6X4T14</lei>
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        <name>PIKE CORP</name>
        <lei>549300P4EKEP6HK0NC58</lei>
        <title>Pike Corp</title>
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        <invCountry>US</invCountry>
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        <name>INNOPHOS HOLDINGS INC</name>
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        <name>Flagship Credit Auto Trust</name>
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        <name>HOYA MIDCO LLC</name>
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          <maturityDt>2024-06-30</maturityDt>
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        <name>CABLE ONDA SA</name>
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          <maturityDt>2030-01-30</maturityDt>
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        <name>METLIFE INC</name>
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        <title>MetLife Inc</title>
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        <name>REPUBLIC OF TURKEY</name>
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        <invCountry>TR</invCountry>
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        <name>BAIDU INC</name>
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        <title>Baidu Inc</title>
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        <invCountry>KY</invCountry>

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        <name>ALLSTATE CORP</name>
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        <name>American Homes 4 Rent</name>
        <lei>N/A</lei>
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        <name>HP INC</name>
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        <name>TRUIST FINANCIAL CORP</name>
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        <title>Truist Financial Corp</title>
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        <name>NEIMAN MARCUS GRP LTD LL</name>
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        <name>DP WORLD PLC</name>
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        <name>JP Morgan Mortgage Trust</name>
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        <title>JP Morgan Mortgage Trust 2014-5</title>
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        <name>SAUDI INTERNATIONAL BOND</name>
        <lei>635400FMICXSM3SI3H65</lei>
        <title>Saudi Government International Bond</title>
        <cusip>80413TAT6</cusip>
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        <invCountry>SA</invCountry>
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          <maturityDt>2030-10-22</maturityDt>
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      <invstOrSec>
        <name>CIT Group Home Equity Loan Tru</name>
        <lei>N/A</lei>
        <title>CIT Home Equity Loan Trust 2003-1</title>
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        <balance>166371.36000000</balance>
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          <maturityDt>2034-07-20</maturityDt>
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          <annualizedRt>5.48000000</annualizedRt>
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      <invstOrSec>
        <name>LEVEL 3 FINANCING INC</name>
        <lei>N/A</lei>
        <title>Level 3 Financing Inc</title>
        <cusip>527298BS1</cusip>
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        <name>GATEWAY CASINOS &amp; ENTERT</name>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>ANGI GROUP LLC</name>
        <lei>N/A</lei>
        <title>ANGI Group LLC</title>
        <cusip>001846AA2</cusip>
        <identifiers>
          <isin value="US001846AA20"/>
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        <balance>290000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>293764.20000000</valUSD>
        <pctVal>0.209711415340</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>JSL EUROPE</name>
        <lei>54930068BSUST41D5C30</lei>
        <title>JSL Europe SA</title>
        <cusip>46590PAB9</cusip>
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          <isin value="US46590PAB94"/>
          <other otherDesc="SEDOL" value="BYWM0B2"/>
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        <balance>675000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>698625.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-07-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.75000000</annualizedRt>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>KINGDOM OF JORDAN</name>
        <lei>5493000JZ4MYPVMBVN50</lei>
        <title>Jordan Government International Bond</title>
        <cusip>418097AH4</cusip>
        <identifiers>
          <isin value="US418097AH41"/>
          <other otherDesc="SEDOL" value="BD8R2K7"/>
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        <balance>1285000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1321380.65000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>AFREN PLC</name>
        <lei>213800B4XZJ3ZDM7CL47</lei>
        <title>Afren PLC</title>
        <cusip>00830FAC6</cusip>
        <identifiers>
          <isin value="US00830FAC68"/>
          <other otherDesc="SEDOL" value="B3RC827"/>
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        <balance>635269.23000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>317.63000000</valUSD>
        <pctVal>0.000226748653</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2019-04-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>10.25000000</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>Y</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>TRIPADVISOR INC</name>
        <lei>549300XVG45PT5BART17</lei>
        <title>TripAdvisor Inc</title>
        <cusip>896945AA0</cusip>
        <identifiers>
          <isin value="US896945AA07"/>
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        <balance>165000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>174075.00000000</valUSD>
        <pctVal>0.124268085169</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</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>FIFTH THIRD BANCORP</name>
        <lei>THRNG6BD57P9QWTQLG42</lei>
        <title>Fifth Third Bancorp</title>
        <cusip>316773DB3</cusip>
        <identifiers>
          <isin value="US316773DB33"/>
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        <balance>480000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>491520.00000000</valUSD>
        <pctVal>0.350884671679</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</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>BANC CREDITO INVERSIONES</name>
        <lei>549300E9E5Y3PKW24142</lei>
        <title>Banco de Credito e Inversiones SA</title>
        <cusip>05890MAA1</cusip>
        <identifiers>
          <isin value="US05890MAA18"/>
          <other otherDesc="SEDOL" value="BYWD9R4"/>
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        <balance>990000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1074048.77000000</valUSD>
        <pctVal>0.766738383035</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-10-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</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>TRIDENT TPI HOLDINGS INC</name>
        <lei>549300TPLK304J3RNC85</lei>
        <title>Trident TPI Holdings Inc</title>
        <cusip>89616RAA7</cusip>
        <identifiers>
          <isin value="US89616RAA77"/>
          <other otherDesc="SEDOL" value="BDZXJ30"/>
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        <balance>345000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>340687.50000000</valUSD>
        <pctVal>0.243208865525</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</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>OSHKOSH CORP</name>
        <lei>549300FEKNPCFSA2B506</lei>
        <title>Oshkosh Corp</title>
        <cusip>688225AH4</cusip>
        <identifiers>
          <isin value="US688225AH44"/>
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        <balance>78642.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>82881.34000000</valUSD>
        <pctVal>0.059167056832</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.10000000</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>OFFICE PPTY INCOME TRST</name>
        <lei>N/A</lei>
        <title>Office Properties Income Trust</title>
        <cusip>81618TAC4</cusip>
        <identifiers>
          <isin value="US81618TAC45"/>
          <other otherDesc="SEDOL" value="BVV2G25"/>
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        <balance>690000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>705645.42000000</valUSD>
        <pctVal>0.503743818194</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</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>TENET HEALTHCARE CORP</name>
        <lei>0W9AIBT6U6ADJ2I8HK17</lei>
        <title>Tenet Healthcare Corp</title>
        <cusip>88033GCW8</cusip>
        <identifiers>
          <isin value="US88033GCW87"/>
          <other otherDesc="SEDOL" value="BF11619"/>
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        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>206500.00000000</valUSD>
        <pctVal>0.147415536909</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</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>Jersey Mike's Funding, LLC</name>
        <lei>N/A</lei>
        <title>Jersey Mike's Funding</title>
        <cusip>476681AA9</cusip>
        <identifiers>
          <isin value="US476681AA97"/>
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        <balance>515000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>547929.10000000</valUSD>
        <pctVal>0.391153813389</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.43300000</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>
        <name>CROWNROCK LP/CROWNROCK F</name>
        <lei>N/A</lei>
        <title>CrownRock LP / CrownRock Finance Inc</title>
        <cusip>228701AF5</cusip>
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          <isin value="US228701AF51"/>
          <other otherDesc="SEDOL" value="BF032G3"/>
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        <balance>530000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>524700.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GLP CAPITAL LP / FIN II</name>
        <lei>N/A</lei>
        <title>GLP Capital LP / GLP Financing II Inc</title>
        <cusip>361841AL3</cusip>
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          <isin value="US361841AL38"/>
          <other otherDesc="SEDOL" value="BGLKMW6"/>
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        <balance>137000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>151519.26000000</valUSD>
        <pctVal>0.108166068111</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.30000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>APACHE CORP</name>
        <lei>72ZZ1XRHOOU9P9X16K08</lei>
        <title>Apache Corp</title>
        <cusip>037411BH7</cusip>
        <identifiers>
          <isin value="US037411BH70"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>61350.00000000</valUSD>
        <pctVal>0.043796335057</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NEIMAN MARCUS GROUP LTD LLC</name>
        <lei>549300VXED5TMJSBCI17</lei>
        <title>Neiman Marcus Group Ltd LLC</title>
        <cusip>64021SAD1</cusip>
        <identifiers>
          <isin value="US64021SAD18"/>
          <other otherDesc="INTERNAL" value="BL2938399"/>
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        <balance>259445.44760000</balance>
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        <curCd>USD</curCd>
        <valUSD>41747.37000000</valUSD>
        <pctVal>0.029802474397</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-10-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>Y</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>ICAHN ENTERPRISES/FIN</name>
        <lei>N/A</lei>
        <title>Icahn Enterprises LP / Icahn Enterprises Finance Corp</title>
        <cusip>451102BT3</cusip>
        <identifiers>
          <isin value="US451102BT32"/>
          <other otherDesc="SEDOL" value="BJ11SH7"/>
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        <balance>480000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>512400.00000000</valUSD>
        <pctVal>0.365790417010</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>REPUBLIC OF ARGENTINA</name>
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      <invstOrSec>
        <name>Prestige Auto Receivables Trus</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>KAZMUNAYGAS NATIONAL CO</name>
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        <title>KazMunayGas National Co JSC</title>
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          <isin value="US48667QAP00"/>
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        <balance>640000.00000000</balance>
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        <isRestrictedSec>N</isRestrictedSec>
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      <invstOrSec>
        <name>ALTICE FRANCE HOLDING SA</name>
        <lei>5299000JVHXKJPOE6H40</lei>
        <title>Altice France Holding SA</title>
        <cusip>02156TAA2</cusip>
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          <isin value="US02156TAA25"/>
          <other otherDesc="SEDOL" value="BK5C248"/>
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        <balance>400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>400000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <maturityDt>2028-02-15</maturityDt>
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          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>UBS Commercial Mortgage Trust</name>
        <lei>N/A</lei>
        <title>UBS Commercial Mortgage Trust 2012-C1</title>
        <cusip>90269GAN1</cusip>
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          <isin value="US90269GAN16"/>
          <other otherDesc="SEDOL" value="B7WM831"/>
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        <balance>415000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>300233.08000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-05-10</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.75462700</annualizedRt>
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      <invstOrSec>
        <name>VMWARE INC</name>
        <lei>549300BUDHS3LRWBE814</lei>
        <title>VMware Inc</title>
        <cusip>928563AC9</cusip>
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          <isin value="US928563AC98"/>
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        <balance>452000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-08-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.90000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GEOPARK LTD</name>
        <lei>529900ZR5QI19AH4KZ07</lei>
        <title>Geopark Ltd</title>
        <cusip>37255BAA7</cusip>
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          <isin value="US37255BAA70"/>
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        <balance>305000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>295087.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
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          <maturityDt>2024-09-21</maturityDt>
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      <invstOrSec>
        <name>NEXSTAR BROADCASTING INC</name>
        <lei>5493006PK6I4I2OOT688</lei>
        <title>Nexstar Broadcasting Inc</title>
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          <isin value="US65336RAW88"/>
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        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MILK SPECIALTIES CO</name>
        <lei>5493000QDYDYJEI8F305</lei>
        <title>Milk Specialties Co</title>
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          <isin value="US00214VAD55"/>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-08-16</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>TELESAT CANADA/TELESAT L</name>
        <lei>N/A</lei>
        <title>Telesat Canada / Telesat LLC</title>
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          <isin value="US87952VAM81"/>
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        <balance>535000.00000000</balance>
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        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <couponKind>Fixed</couponKind>
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        <name>Chase Mortgage Finance Corpora</name>
        <lei>N/A</lei>
        <title>Chase Mortgage Finance Corp</title>
        <cusip>16163YAC8</cusip>
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        <balance>160840.88000000</balance>
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        <name>MPT OPER PARTNERSP/FINL</name>
        <lei>N/A</lei>
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        <name>VISTRA CORP</name>
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        <title>Vistra Operations Co LLC</title>
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        <name>New Residential Mortgage Loan</name>
        <lei>N/A</lei>
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        <name>SEDGWICK CMS INC</name>
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        <title>Sedgwick Claims Management Services Inc</title>
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        <name>KRONOS ACQUISITION HOLDI</name>
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        <name>ALTICE FRANCE SA</name>
        <lei>5493001ZMCICV4N02J21</lei>
        <title>Altice France SA/France</title>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
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          <maturityDt>2026-01-31</maturityDt>
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          <annualizedRt>3.93630000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CITGO HOLDING INC</name>
        <lei>549300NYHOALWZ2BSL72</lei>
        <title>Citgo Holding Inc</title>
        <cusip>17302WAB4</cusip>
        <identifiers>
          <isin value="US17302WAB46"/>
          <other otherDesc="SEDOL" value="BK6YKJ4"/>
        </identifiers>
        <balance>270000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>266625.00000000</valUSD>
        <pctVal>0.190337373019</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>First Investors Auto Owner Tru</name>
        <lei>N/A</lei>
        <title>First Investors Auto Owner Trust 2018-1</title>
        <cusip>32059RAJ2</cusip>
        <identifiers>
          <isin value="US32059RAJ23"/>
        </identifiers>
        <balance>565000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>584060.11000000</valUSD>
        <pctVal>0.416946899289</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-06-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.11000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>USA COM PART/USA COM FIN</name>
        <lei>N/A</lei>
        <title>USA Compression Partners LP / USA Compression Finance Corp</title>
        <cusip>91740PAC2</cusip>
        <identifiers>
          <isin value="US91740PAC23"/>
          <other otherDesc="SEDOL" value="BHPG3B3"/>
        </identifiers>
        <balance>220000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>226600.00000000</valUSD>
        <pctVal>0.161764458420</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.87500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BAUSCH HEALTH COS INC</name>
        <lei>B3BS7ACMDUWISF18KY76</lei>
        <title>Bausch Health Cos Inc</title>
        <cusip>071734AD9</cusip>
        <identifiers>
          <isin value="US071734AD90"/>
          <other otherDesc="Sedol" value="BK8KJV5"/>
        </identifiers>
        <balance>355000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>378075.00000000</valUSD>
        <pctVal>0.269898930349</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ACRISURE LLC / FIN INC</name>
        <lei>N/A</lei>
        <title>Acrisure LLC / Acrisure Finance Inc</title>
        <cusip>00489LAA1</cusip>
        <identifiers>
          <isin value="US00489LAA17"/>
          <other otherDesc="SEDOL" value="BD0G1S3"/>
        </identifiers>
        <balance>620000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>629300.00000000</valUSD>
        <pctVal>0.449242602311</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UKRAINE GOVERNMENT</name>
        <lei>6354001WLTJXOMEXPY07</lei>
        <title>Ukraine Government International Bond</title>
        <cusip>903724BM3</cusip>
        <identifiers>
          <isin value="US903724BM37"/>
          <other otherDesc="SEDOL" value="BF226N3"/>
        </identifiers>
        <balance>805000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>814962.68000000</valUSD>
        <pctVal>0.581782862148</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>UA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-09-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.37500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Oasis Securitisation</name>
        <lei>529900HHE04GA1UV8Y59</lei>
        <title>OASIS 2020-2 LLC</title>
        <cusip>67421AAA5</cusip>
        <identifiers>
          <isin value="US67421AAA51"/>
        </identifiers>
        <balance>416113.26000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>416781.58000000</valUSD>
        <pctVal>0.297530655640</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.26240000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BLOCK FINANCIAL LLC</name>
        <lei>N/A</lei>
        <title>Block Financial LLC</title>
        <cusip>093662AH7</cusip>
        <identifiers>
          <isin value="US093662AH70"/>
        </identifiers>
        <balance>540000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>548071.74000000</valUSD>
        <pctVal>0.391255640761</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EQM MIDSTREAM PARTNERS L</name>
        <lei>549300NELT611CL6XM83</lei>
        <title>EQM Midstream Partners LP</title>
        <cusip>26885BAH3</cusip>
        <identifiers>
          <isin value="US26885BAH33"/>
        </identifiers>
        <balance>115000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>125925.00000000</valUSD>
        <pctVal>0.089894922447</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Aqua Finance Trust</name>
        <lei>N/A</lei>
        <title>Aqua Finance Trust 2020-A</title>
        <cusip>038413AD2</cusip>
        <identifiers>
          <isin value="US038413AD22"/>
        </identifiers>
        <balance>400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>403601.48000000</valUSD>
        <pctVal>0.288121689451</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-07-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.15000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2020-10-23</ncom:dateSigned>
      <ncom:nameOfApplicant>Virtus Global Multi-Sector Income Fund</ncom:nameOfApplicant>
      <ncom:signature>Amy Hackett</ncom:signature>
      <ncom:signerName>Amy Hackett</ncom:signerName>
      <ncom:title>Vice President and Assistant Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
