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      </invstOrSec>
      <invstOrSec>
        <name>ARCHER DANIELS MIDLAND CO</name>
        <lei>549300LO13MQ9HYSTR83</lei>
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          <isin value="US03948HCR03"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>AUSTRALIA AND NEW ZEALAND BANKING GROUP LTD</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>AUSTRALIA &amp; NEW ZEALAND BANKING GROUP LTD - (LT) GTD</name>
        <lei>JHE42UYNWWTJB8YTTU19</lei>
        <title>Australia &amp; New Zealand Banking Group, Ltd.</title>
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          <isin value="US05253MZY38"/>
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        <invCountry>AU</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BASF SE</name>
        <lei>N/A</lei>
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        <cusip>05526MCR4</cusip>
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          <isin value="US05526MCR43"/>
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        <balance>6300000.00000000</balance>
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        <invCountry>DE</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BMW US CAPITAL LLC</name>
        <lei>KK5MZM9DIXLXZL9DZL15</lei>
        <title>BMW US Capital, LLC</title>
        <cusip>05565ECG8</cusip>
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          <isin value="US05565ECG89"/>
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        <balance>15757000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-04-02</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>BMW US CAPITAL LLC</name>
        <lei>KK5MZM9DIXLXZL9DZL15</lei>
        <title>BMW US Capital, LLC</title>
        <cusip>05565ECL7</cusip>
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          <isin value="US05565ECL74"/>
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        <balance>25250000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-04-02</maturityDt>
          <couponKind>Floating</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>BMW US CAPITAL LLC</name>
        <lei>KK5MZM9DIXLXZL9DZL15</lei>
        <title>BMW US Capital, LLC</title>
        <cusip>05565ECV5</cusip>
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          <isin value="US05565ECV56"/>
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        <balance>5600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5623611.73000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-03-19</maturityDt>
          <couponKind>Floating</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BPCE SA</name>
        <lei>9695005MSX1OYEMGDF46</lei>
        <title>BPCE SA</title>
        <cusip>05571CCD1</cusip>
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          <isin value="US05571CCD11"/>
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        <balance>36745000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>36585611.21000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BNY MELLON NA</name>
        <lei>HPFHU0OQ28E4N0NFVK49</lei>
        <title>Bank of New York Mellon</title>
        <cusip>06428DAG7</cusip>
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          <isin value="US06428DAG79"/>
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        <balance>10600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10603012.52000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BARCLAYS BANK PLC US COLLATERALIZED CP NOTES SERIES 2010-1</name>
        <lei>G5GSEF7VJP5I7OUK5573</lei>
        <title>Barclays Bank plc</title>
        <cusip>06741ECX6</cusip>
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        <balance>25000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>24840990.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BARTON CAPITAL SA</name>
        <lei>549300KOFKIMD0C37W24</lei>
        <title>Barton Capital SA</title>
        <cusip>06945MBC9</cusip>
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          <isin value="US06945MBC91"/>
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        <balance>25000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>24966570.00000000</valUSD>
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        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BARTON CAPITAL SA</name>
        <lei>549300KOFKIMD0C37W24</lei>
        <title>Barton Capital SA</title>
        <cusip>06945MC61</cusip>
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          <isin value="US06945MC613"/>
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        <balance>22605000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>LU</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BARTON CAPITAL SA</name>
        <lei>549300KOFKIMD0C37W24</lei>
        <title>BARTON CAPITAL SA</title>
        <cusip>06945MCW4</cusip>
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          <isin value="US06945MCW47"/>
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        <balance>15000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>14908059.00000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BAY SQUARE FUNDING LLC</name>
        <lei>254900LIJZLNOHX66R80</lei>
        <title>Bay Square Funding, LLC</title>
        <cusip>07260BBJ3</cusip>
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          <isin value="US07260BBJ35"/>
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        <balance>4220000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BAY SQUARE FUNDING LLC</name>
        <lei>254900LIJZLNOHX66R80</lei>
        <title>Bay Square Funding, LLC</title>
        <cusip>07260BBQ7</cusip>
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        <balance>40000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>39896536.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BAY SQUARE FUNDING LLC</name>
        <lei>254900LIJZLNOHX66R80</lei>
        <title>Bay Square Funding, LLC</title>
        <cusip>07260BDF9</cusip>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BUNGE FINANCE LTD CORP</name>
        <lei>549300QHC068L40NNM71</lei>
        <title>Bunge, Ltd. Finance Corporation</title>
        <cusip>12057BCB6</cusip>
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        <balance>25000000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>CABOT TRAIL FUNDING LLC</name>
        <lei>25490002FPRX2W8W9V23</lei>
        <title>Cabot Trail Funding, LLC</title>
        <cusip>12710HBB3</cusip>
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        <balance>15000000.00000000</balance>
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        <assetCat>STIV</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>CABOT TRAIL FUNDING LLC</name>
        <lei>25490002FPRX2W8W9V23</lei>
        <title>Cabot Trail Funding, LLC</title>
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        <name>CAISSE DES DEPOTS ET CONSIGNATIONS</name>
        <lei>969500Q2PFTTP0Y5QL44</lei>
        <title>Caisse des Depots et Consignations</title>
        <cusip>12800BEV0</cusip>
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        <balance>25000000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>STIV</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>FR</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>CAISSE AMORTISSEMENT DE LA DETTE SOCIALE</name>
        <lei>969500P04DQJS4BPM574</lei>
        <title>Caisse d'Amortissement de la Dette Sociale</title>
        <cusip>12802WC93</cusip>
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        <balance>16300000.00000000</balance>
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        <valUSD>16236844.02000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CANADIAN IMPERIAL BANK OF COMMERCE (NEW YORK BRANCH)</name>
        <lei>549300H8L46OOZOFHU82</lei>
        <title>Canadian Imperial Bank of Commerce/New York, NY</title>
        <cusip>13606DEU2</cusip>
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        <balance>10000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10000641.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <title>DTE Electric Company</title>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>MERCEDES-BENZ FINANCE NORTH AMERICA LLC</name>
        <lei>549300423Z16BB673J12</lei>
        <title>Mercedes-Benz Finance North America, LLC</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>DCAT LLC</name>
        <lei>N/A</lei>
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          <isin value="US24023HBH75"/>
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        <curCd>USD</curCd>
        <valUSD>24953635.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>DCAT LLC</name>
        <lei>N/A</lei>
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          <isin value="US24023HC294"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>DCAT LLC</name>
        <lei>N/A</lei>
        <title>Dealers Capital Access Trust, LLC</title>
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          <isin value="US24023HD771"/>
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        <balance>25000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>24826040.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>DCAT LLC</name>
        <lei>N/A</lei>
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          <isin value="US24023HDA05"/>
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        <balance>14260000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>14156344.06000000</valUSD>
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        <assetCat>STIV</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>JOHN DEERE CAPITAL CORP</name>
        <lei>E0KSF7PFQ210NWI8Z391</lei>
        <title>John Deere Capital Corporation</title>
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          <isin value="US24422EXL81"/>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-03-06</maturityDt>
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      <invstOrSec>
        <name>DUKE ENERGY CORP</name>
        <lei>I1BZKREC126H0VB1BL91</lei>
        <title>Duke Energy Corporation</title>
        <cusip>26244JB24</cusip>
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          <isin value="US26244JB243"/>
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        <balance>10000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9996935.00000000</valUSD>
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        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ENBRIDGE (US) INC</name>
        <lei>5493003FRODSVHJWFS32</lei>
        <title>Enbridge US, Inc.</title>
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          <isin value="US29251VBS43"/>
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        <balance>25000000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FALCON ASSET FUNDING LLC</name>
        <lei>254900AGHU3V6ARMLZ93</lei>
        <title>Falcon Asset Funding, LLC</title>
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          <isin value="US30608HDA05"/>
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        <balance>20000000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>FALCON ASSET FUNDING LLC</name>
        <lei>254900AGHU3V6ARMLZ93</lei>
        <title>Falcon Asset Funding, LLC</title>
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          <isin value="US30608HDM43"/>
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        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL HOME LOAN BANKS OFFICE OF FINANCE</name>
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        <title>Federal Home Loan Bank</title>
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          <isin value="US3130B1WF01"/>
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        <balance>10000000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-04-06</maturityDt>
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      <invstOrSec>
        <name>FEDERAL HOME LOAN BANKS OFFICE OF FINANCE</name>
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        <title>Federal Home Loan Bank</title>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL HOME LOAN BANKS OFFICE OF FINANCE</name>
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        <title>Federal Home Loan Bank</title>
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        <name>FEDERAL HOME LOAN BANKS OFFICE OF FINANCE</name>
        <lei>2549001DPIFGXC1TOL40</lei>
        <title>Federal Home Loan Bank</title>
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        <name>Federal Home Loan Banks Office of Finance</name>
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        <title>Federal Home Loan Bank</title>
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        <name>Federal Home Loan Banks Office of Finance</name>
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        <name>FEDERAL HOME LOAN BANKS OFFICE OF FINANCE</name>
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        <title>Federal Home Loan Bank</title>
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        <name>Federal Home Loan Banks Office of Finance</name>
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        <name>FEDERAL HOME LOAN BANKS OFFICE OF FINANCE</name>
        <lei>2549001DPIFGXC1TOL40</lei>
        <title>Federal Home Loan Bank</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Federal Farm Credit Banks Funding Corporation</name>
        <lei>254900C5LP6DN9OP9V83</lei>
        <title>Federal Farm Credit Bank</title>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>GOTHAM FUNDING CORP</name>
        <lei>549300Z2ZR7VTUMRPR17</lei>
        <title>Gotham Funding Corporation</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>GOLDMAN SACHS BANK USA</name>
        <lei>KD3XUN7C6T14HNAYLU02</lei>
        <title>Goldman Sachs Bank USA/New York NY</title>
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          <isin value="US40054PLK92"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>GOLDMAN SACHS BANK USA</name>
        <lei>KD3XUN7C6T14HNAYLU02</lei>
        <title>Goldman Sachs Bank USA/New York NY</title>
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          <isin value="US40054PLL75"/>
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        <balance>25000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>25001200.00000000</valUSD>
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        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>GTA FUNDING LLC</name>
        <lei>254900AKBBBSYOV90641</lei>
        <title>GTA FUNDING, LLC</title>
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          <isin value="US40060XDW74"/>
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        <balance>25000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>24766250.00000000</valUSD>
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        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GTA FUNDING LLC</name>
        <lei>254900AKBBBSYOV90641</lei>
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          <isin value="US40060XE638"/>
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        <balance>25000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>24750667.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HSBC HOLDINGS PLC</name>
        <lei>MLU0ZO3ML4LN2LL2TL39</lei>
        <title>HSBC Holdings plc</title>
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          <isin value="US404280AW98"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5002153.25000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-03-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.30000000</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>
        <name>HSBC USA INC</name>
        <lei>549300LBOHZ4QSIWU288</lei>
        <title>HSBC USA, INC.</title>
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          <isin value="US40446MCQ06"/>
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        <balance>25000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>24859035.00000000</valUSD>
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        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HYUNDAI CAPITAL AMERICA</name>
        <lei>549300RIPPWJB5Z0FK07</lei>
        <title>Hyundai Capital America</title>
        <cusip>44890NB41</cusip>
        <identifiers>
          <isin value="US44890NB417"/>
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        <balance>25000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>24987000.00000000</valUSD>
        <pctVal>0.712963742487</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HYUNDAI CAPITAL AMERICA</name>
        <lei>549300RIPPWJB5Z0FK07</lei>
        <title>Hyundai Capital America</title>
        <cusip>44890NBB5</cusip>
        <identifiers>
          <isin value="US44890NBB55"/>
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        <balance>24750000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>24718745.70000000</valUSD>
        <pctVal>0.705309538715</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ING US FUNDING LLC</name>
        <lei>254900QX5Y2ZDZ6XBT08</lei>
        <title>ING US Funding, LLC</title>
        <cusip>44988GHB7</cusip>
        <identifiers>
          <isin value="US44988GHB77"/>
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        <balance>10000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10001244.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>IDAHO HOUSING AGENCY</name>
        <lei>5493002WM3NYB1LQB744</lei>
        <title>Idaho Housing &amp; Finance Association</title>
        <cusip>45130HHY9</cusip>
        <identifiers>
          <isin value="US45130HHY99"/>
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        <balance>18340000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>18342508.91000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>IDAHO HOUSING AGENCY</name>
        <lei>5493002WM3NYB1LQB744</lei>
        <title>Idaho Housing &amp; Finance Association</title>
        <cusip>45130HHZ6</cusip>
        <identifiers>
          <isin value="US45130HHZ64"/>
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        <balance>7350000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7352323.34000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>JP MORGAN CHASE BANK NATIONAL ASSOCIATION</name>
        <lei>7H6GLXDRUGQFU57RNE97</lei>
        <title>JPMorgan Chase Bank NA</title>
        <cusip>46632FTV7</cusip>
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          <isin value="US46632FTV75"/>
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        <balance>20000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>20020450.40000000</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>2026-04-29</maturityDt>
          <couponKind>Floating</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>JPMORGAN CHASE &amp; CO</name>
        <lei>8I5DZWZKVSZI1NUHU748</lei>
        <title>JPMorgan Chase &amp; Company</title>
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          <isin value="US46647PBW59"/>
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        <balance>9050000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9048538.43000000</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>2027-02-04</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.04000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>LIME FUNDING LLC</name>
        <lei>N/A</lei>
        <title>Lime Funding, LLC</title>
        <cusip>53262RBL5</cusip>
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          <isin value="US53262RBL50"/>
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        <balance>25000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>24945742.50000000</valUSD>
        <pctVal>0.711786526271</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>LIME FUNDING LLC</name>
        <lei>N/A</lei>
        <title>Lime Funding, LLC</title>
        <cusip>53262REJ7</cusip>
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          <isin value="US53262REJ77"/>
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        <balance>15410000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>15237562.10000000</valUSD>
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        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>LLOYDS BANK PLC</name>
        <lei>H7FNTJ4851HG0EXQ1Z70</lei>
        <title>Lloyds Bank plc</title>
        <cusip>53943SFF9</cusip>
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          <isin value="US53943SFF92"/>
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        <balance>23000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>22678048.30000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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        <name>LLOYDS BANK PLC</name>
        <lei>H7FNTJ4851HG0EXQ1Z70</lei>
        <title>Lloyds Bank plc</title>
        <cusip>53943SFN2</cusip>
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          <isin value="US53943SFN27"/>
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        <balance>25000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>24631807.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MACQUARIE BANK LTD</name>
        <lei>4ZHCHI4KYZG2WVRT8631</lei>
        <title>Macquarie Bank, Ltd.</title>
        <cusip>55607LCX0</cusip>
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          <isin value="US55607LCX01"/>
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        <balance>20000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>19876334.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MARRIOTT INTERNATIONAL INC</name>
        <lei>225YDZ14ZO8E1TXUSU86</lei>
        <title>Marriott International, Inc./MD</title>
        <cusip>57163UBS4</cusip>
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          <isin value="US57163UBS42"/>
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        <balance>25000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>24927157.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MID-AMERICA APARTMENTS LP</name>
        <lei>549300FXWGE3QSYCUJ38</lei>
        <title>Mid-America Apartments, LP</title>
        <cusip>59524PBK2</cusip>
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          <isin value="US59524PBK21"/>
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        <balance>25000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>24946770.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MID-AMERICA APARTMENTS LP</name>
        <lei>549300FXWGE3QSYCUJ38</lei>
        <title>Mid-America Apartments, LP</title>
        <cusip>59524PC54</cusip>
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          <isin value="US59524PC540"/>
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        <balance>21500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>21422000.15000000</valUSD>
        <pctVal>0.611242221896</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MITSUBISHI UFJ TRUST AND BANKING CORP (NEW YORK BRANCH)</name>
        <lei>JBONEPAGQXF4QP29B387</lei>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MIZUHO MARKETS CAYMAN LP</name>
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        <title>Mizuho Markets Cayman, LP</title>
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      <invstOrSec>
        <name>MIZUHO MARKETS CAYMAN LP</name>
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        <name>MSILF GOVERNMENT PORTFOLIO</name>
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        <title>Morgan Stanley Institutional Liquidity Funds - Government Portfolio</title>
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        <issuerCat>RF</issuerCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>MOSAIC CO/THE</name>
        <lei>2YD5STGSJNMUB7H76907</lei>
        <title>Mosaic Company</title>
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        <name>NATIONAL AUSTRALIA BANK LTD</name>
        <lei>F8SB4JFBSYQFRQEH3Z21</lei>
        <title>National Australia Bank, Ltd.</title>
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        <name>NATIONWIDE BUILDING SOCIETY</name>
        <lei>549300XFX12G42QIKN82</lei>
        <title>Nationwide Building Society</title>
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        <fairValLevel>2</fairValLevel>
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        <name>NATIONWIDE BUILDING SOCIETY</name>
        <lei>549300XFX12G42QIKN82</lei>
        <title>Nationwide Building Society</title>
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          <isin value="US6385E1CR02"/>
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        <name>NATIONWIDE BUILDING SOCIETY</name>
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        <title>Nationwide Building Society</title>
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        <fairValLevel>2</fairValLevel>
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        <name>NATIXIS (NEW YORK BRANCH)</name>
        <lei>2549003L5ZG5M2ZSE107</lei>
        <title>Natixis SA/New York, NY</title>
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        <assetCat>STIV</assetCat>
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        <fairValLevel>2</fairValLevel>
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        <name>NESTLE FINANCE INTERNATIONAL LTD</name>
        <lei>0KLLMNHINTFDRMU6DI05</lei>
        <title>Nestle Finance International, Ltd.</title>
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        <assetCat>STIV</assetCat>
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        <invCountry>LU</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>NEW YORK LIFE GLOBAL FUNDING</name>
        <lei>635400DPNHEAUHB7ZI15</lei>
        <title>New York Life Global Funding</title>
        <cusip>64952WEE9</cusip>
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        <name>NEW YORK LIFE GLOBAL FUNDING</name>
        <lei>635400DPNHEAUHB7ZI15</lei>
        <title>New York Life Global Funding</title>
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        <name>NEW YORK LIFE GLOBAL FUNDING</name>
        <lei>635400DPNHEAUHB7ZI15</lei>
        <title>New York Life Global Funding</title>
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        <name>NEW YORK LIFE GLOBAL FUNDING</name>
        <lei>635400DPNHEAUHB7ZI15</lei>
        <title>New York Life Global Funding</title>
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        <name>NEXTERA ENERGY CAPITAL HOLDINGS INC</name>
        <lei>UMI46YPGBLUE4VGNNT48</lei>
        <title>NextEra Energy Capital Holdings, Inc.</title>
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        <name>NIEUW AMSTERDAM RECEIVABLES CORPORATION BV</name>
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        <title>Nieuw Amsterdam Receivables Corporation BV</title>
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        <name>NORDEA BANK ABP</name>
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        <name>NORDEA BANK ABP NEW YORK</name>
        <lei>529900ODI3047E2LIV03</lei>
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        <name>OLD LINE FUNDING LLC</name>
        <lei>5493004QSN8OZAIU2J90</lei>
        <title>Old Line Funding, LLC</title>
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        <name>ONEOK INC</name>
        <lei>2T3D6M0JSY48PSZI1Q41</lei>
        <title>ONEOK, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>TOYOTA CREDIT DE PUERTO RICO CORP</name>
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      <invstOrSec>
        <name>TOYOTA CREDIT DE PUERTO RICO CORP</name>
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        <name>UDR INC</name>
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        <name>US INTERNATIONAL DEVELOPMENT FINANCE CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>UNION ELECTRIC CO</name>
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        <name>UNITEDHEALTH GROUP INC</name>
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        <name>UNITEDHEALTH GROUP INC</name>
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        <name>VW CREDIT INC</name>
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        <name>VENTAS REALTY LP</name>
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        <name>VICTORY RECEIVABLES CORP</name>
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        <name>VICTORY RECEIVABLES CORP</name>
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        <name>WESTPAC BANKING CORP</name>
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        <name>WESTPAC BANKING CORP</name>
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        <name>WISCONSIN ELECTRIC POWER COMPANY</name>
        <lei>AENKIFMULUAWOUU8Q584</lei>
        <title>Wisconsin Electric Power Company</title>
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        <name>WISCONSIN ELECTRIC POWER COMPANY</name>
        <lei>AENKIFMULUAWOUU8Q584</lei>
        <title>Wisconsin Electric Power Company</title>
        <cusip>97665SB66</cusip>
        <identifiers>
          <isin value="US97665SB665"/>
        </identifiers>
        <balance>25000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>24981625.00000000</valUSD>
        <pctVal>0.712810375532</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Data presented is directly from day-to-day accounting records of Fund used to calculate net asset value per share.  It does not reflect adjustments necessary to make data GAAP compliant, such as reclassifying prepaid expenses, expenses reimbursements, and/or any other related adjustments." noteItem="B.1.b"/>
      <explntrNote note="The daily NAV is calculated on a T+1 basis on most days. The current exception to this occurs on the fiscal quarter ends. On these fiscal quarter end dates, the NAV is calculated on a T+0 basis." noteItem="B.1.c"/>
      <explntrNote note="For derivatives owned, if any, Unrealized Appreciation/Depreciation is reported as Value for future and swap type derivatives.  Actual security Value is reported for option type derivatives." noteItem="C.2.c"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-02-26</ncom:dateSigned>
      <ncom:nameOfApplicant>Thrivent Core Funds</ncom:nameOfApplicant>
      <ncom:signature>Sarah L. Bergstrom</ncom:signature>
      <ncom:signerName>Sarah L. Bergstrom</ncom:signerName>
      <ncom:title>Treasurer and Principal Accounting Officer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
