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      <invstOrSec>
        <name>Air Products &amp; Chemicals, Inc.</name>
        <lei>7QEON6Y1RL5XR3R1W237</lei>
        <title>Air Products &amp; Chemicals, Inc. </title>
        <cusip>009158106</cusip>
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          <isin value="US0091581068"/>
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        <curCd>USD</curCd>
        <valUSD>472829.72000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Provident Funding Associates LP / PFG Finance Corp</name>
        <lei>54930043BMDE130FJ617</lei>
        <title>Provident Funding Associates LP/PFG Finance Corp. 6.375%, Due 06/15/2025</title>
        <cusip>74387UAJ0</cusip>
        <identifiers>
          <isin value="US74387UAJ07"/>
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        <curCd>USD</curCd>
        <valUSD>1621395.74000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Fnma Pass-Thru I</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FANNIE MAE POOL CA4128</title>
        <cusip>3140QBSS8</cusip>
        <identifiers>
          <isin value="US3140QBSS83"/>
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        <balance>1497886.41400000</balance>
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        <curCd>USD</curCd>
        <valUSD>1472948.25000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>United States Treasury Bonds</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>U.S. Treasury Notes 1.875%, Due 02/15/2051</title>
        <cusip>912810SU3</cusip>
        <identifiers>
          <isin value="US912810SU34"/>
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        <balance>5550000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4851914.06000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.87500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>IAMGOLD Corp</name>
        <lei>254900E7II30XAB9LA72</lei>
        <title>IAMGOLD CORP SR GLBL 144A 28 5.75%, Due 10/15/2028</title>
        <cusip>450913AF5</cusip>
        <identifiers>
          <isin value="US450913AF55"/>
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        <balance>2400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2178000.00000000</valUSD>
        <pctVal>0.446410210307</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>United States Treasury Notes</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>U.S. Treasury Notes 2.00%, Due 02/15/2023</title>
        <cusip>912828UN8</cusip>
        <identifiers>
          <isin value="US912828UN88"/>
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        <balance>3550000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3562619.15000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Blue Racer Midstream, LLC / Blue Racer Finance Corp</name>
        <lei>N/A</lei>
        <title>Blue Racer Mid LLC 6.625% due 07/15/2026</title>
        <cusip>095796AE8</cusip>
        <identifiers>
          <isin value="US095796AE85"/>
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        <balance>1463000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1485969.10000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</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>KeyCorp</name>
        <lei>RKPI3RZGV1V1FJTH5T61</lei>
        <title>KeyCorp </title>
        <cusip>493267108</cusip>
        <identifiers>
          <isin value="US4932671088"/>
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        <balance>22388.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>501043.44000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Federal Home Loan Mortgage Corporation</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Freddie Mac Pool QA7416</title>
        <cusip>3133A2GZ7</cusip>
        <identifiers>
          <isin value="US3133A2GZ77"/>
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        <balance>3605052.59990000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3546654.35000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</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>Kinross Gold Corporation</name>
        <lei>549300UEBMAQDN0K0R06</lei>
        <title>Kinross Gold Corporation </title>
        <cusip>496902404</cusip>
        <identifiers>
          <isin value="CA4969024047"/>
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        <balance>655000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3851400.00000000</valUSD>
        <pctVal>0.789395906325</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Horizon Pharma USA Inc</name>
        <lei>549300XKTPCO4GUSJY52</lei>
        <title>Horizon Pharma USA, Inc. 5.5%, Due 08/01/2027</title>
        <cusip>44055PAA4</cusip>
        <identifiers>
          <isin value="US44055PAA49"/>
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        <balance>3280000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3362065.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-08-01</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>SSR Mining Inc</name>
        <lei>549300JD2KR7AB9DYJ38</lei>
        <title>SSR Mining Inc. </title>
        <cusip>784730103</cusip>
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          <isin value="CA7847301032"/>
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        <balance>235000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5111250.00000000</valUSD>
        <pctVal>1.047619002493</pctVal>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Johnson &amp; Johnson</name>
        <lei>549300G0CFPGEF6X2043</lei>
        <title>Johnson &amp; Johnson </title>
        <cusip>478160104</cusip>
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          <isin value="US4781601046"/>
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        <balance>8253.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1462679.19000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CMS Energy Corporation</name>
        <lei>549300IA9XFBAGNIBW29</lei>
        <title>CMS Energy Corporation </title>
        <cusip>125896100</cusip>
        <identifiers>
          <isin value="US1258961002"/>
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        <balance>8003.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>559729.82000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>DXC Technology Company</name>
        <lei>549300DOVZ3EDJB7O259</lei>
        <title>DXC Technology Company </title>
        <cusip>23355L106</cusip>
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          <isin value="US23355L1061"/>
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        <balance>22450.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>732543.50000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Healthcare Trust Of America Inc</name>
        <lei>549300L0I14L7I0VLX84</lei>
        <title>Healthcare Trust of America, Inc. Class A</title>
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          <isin value="US42225P5017"/>
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        <curCd>USD</curCd>
        <valUSD>970850.52000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>1</fairValLevel>
        <securityLending>
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        <name>Genuine Parts Co</name>
        <lei>549300D46DQVEU651W04</lei>
        <title>Genuine Parts Company </title>
        <cusip>372460105</cusip>
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          <isin value="US3724601055"/>
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        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>439431.74000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isLoanByFund>N</isLoanByFund>
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        <name>Life Storage Inc</name>
        <lei>W9EE01AFDDF9DQCQZC68</lei>
        <title>Life Storage, Inc. REIT</title>
        <cusip>53223X107</cusip>
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        <balance>4660.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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        <name>Verizon Communications Inc.</name>
        <lei>2S72QS2UO2OESLG6Y829</lei>
        <title>Verizon Communications, Inc. </title>
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        <curCd>USD</curCd>
        <valUSD>4801859.10000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>United States Treasury Notes</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>U.S. Treasury Notes 1.625%, Due 9/30/2026</title>
        <cusip>912828YG9</cusip>
        <identifiers>
          <isin value="US912828YG91"/>
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        <balance>9830000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9476734.38000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>1.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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        <name>Fnma Pass-Thru I</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae UMBS INT 20 YEAR 2.5%, Due 08/01/2040</title>
        <cusip>3140KELU0</cusip>
        <identifiers>
          <isin value="US3140KELU06"/>
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        <name>Allison Transmission Holdings Inc</name>
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        <name>Univar Solutions Inc</name>
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        <name>Synchrony Financial</name>
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        <name>Universal Health Services, Inc.</name>
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        <name>Blackstone Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>GS MORTGAGE BACKED SECURITIES TRUST</name>
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        <isRestrictedSec>Y</isRestrictedSec>

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        <name>Lincoln National Corporation</name>
        <lei>EFQMQROEDSNBRIP7LE47</lei>
        <title>Lincoln National Corporation </title>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Autozone, Inc.</name>
        <lei>GA3JGKJ41LJKXDN23E90</lei>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Genesis Energy L.P.</name>
        <lei>549300VJ5D6MDK138782</lei>
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        <cusip>37185LAF9</cusip>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Centerra Gold Inc</name>
        <lei>549300K0HXTMP5JJ0E62</lei>
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        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>QVC, Inc.</name>
        <lei>549300WBLU5NKPX5X472</lei>
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        <name>Kohl's Corp.</name>
        <lei>549300JF6LPRTRJ0FH50</lei>
        <title>Kohl's Corporation 5.55%, Due 7/17/2045</title>
        <cusip>500255AV6</cusip>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <name>Bristol-Myers Squibb Company</name>
        <lei>HLYYNH7UQUORYSJQCN42</lei>
        <title>Bristol-Myers Squibb Company </title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Colgate Energy Partners III Llc</name>
        <lei>549300QRLZK0B17DH791</lei>
        <title>COLGATE ENERGY PARTNERS 7.75%, Due 02/15/2026</title>
        <cusip>19416MAA7</cusip>
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        <invCountry>US</invCountry>

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        <name>OBX TRUST</name>
        <lei>N/A</lei>
        <title>Onslow Bay Financial LLC 19-EXP3 Class 1A8</title>
        <cusip>67113AAP5</cusip>
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          <isin value="US67113AAP57"/>
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        <name>Lamb Weston Holdings Inc</name>
        <lei>5493005SMYID1D2OY946</lei>
        <title>Lamb Weston Holdings, Inc. </title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <name>Dell International L.L.C. and EMC Corporation</name>
        <lei>N/A</lei>
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        <cusip>24703TAH9</cusip>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <name>The Home Depot, Inc.</name>
        <lei>QEKMOTMBBKA8I816DO57</lei>
        <title>Home Depot, Inc. (The) </title>
        <cusip>437076102</cusip>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Activision Blizzard Inc</name>
        <lei>549300TPQQDBP9GNOF40</lei>
        <title>Activision Blizzard, Inc. </title>
        <cusip>00507V109</cusip>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isLoanByFund>N</isLoanByFund>
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        <name>Expedia Group Inc</name>
        <lei>CI7MUJI4USF3V0NJ1H64</lei>
        <title>Expedia Group, Inc. </title>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>OBX TRUST</name>
        <lei>N/A</lei>
        <title>Onslow Bay Financial LLC 2021-J1 A19</title>
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        <name>Federal National Mortgage Association</name>
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        <name>Foot Locker, Inc.</name>
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        <name>Diamondback Energy Inc</name>
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        <name>Hess Corporation</name>
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        <name>MELLO MORTGAGE CAPITAL ACCEPTANCE</name>
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        <name>American Electric Power Co, Inc.</name>
        <lei>1B4S6S7G0TW5EE83BO58</lei>
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        <name>CSMC Trust</name>
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        <name>KeHE Distributors, LLC / keHE Finance Corp.</name>
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        <name>RCKT MORTGAGE TRUST</name>
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        <name>StoneX Group Inc</name>
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        <name>Brightstar Escrow Corporation</name>
        <lei>TF9O1XIG83ZLXX7WN472</lei>
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        <name>NMI Holdings Inc</name>
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        <name>Regal Rexnord Corporation</name>
        <lei>QH78R09VCJGQKPBPYU33</lei>
        <title>Regal Rexnord Corporation </title>
        <cusip>758750103</cusip>
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        <name>Energy Transfer LP</name>
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        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA MBS JUMBO 30 YEAR 2.5%, DUE 07/01/2051</title>
        <cusip>31418D3A8</cusip>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <name>J P MORGAN MORTGAGE TRUST</name>
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        <title>JPMorgan Mortgage Trust IO, 0.13898%, DUE 06/25/51</title>
        <cusip>46654ABS7</cusip>
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        <name>Ford Motor Credit Company LLC</name>
        <lei>UDSQCVRUX5BONN0VY111</lei>
        <title>Ford Motor Credit Company LLC 4.542%, Due 08/01/2026</title>
        <cusip>345397ZW6</cusip>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Compass Minerals International Inc.</name>
        <lei>2549008X9G8XP7YJGC47</lei>
        <title>Compass Minerals International, Inc. 4.875%, Due 7/15/2024</title>
        <cusip>20451NAE1</cusip>
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        <curCd>USD</curCd>
        <valUSD>1394137.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PRA Group Inc.</name>
        <lei>549300Q5HW3JSSB86K27</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Ares Capital Corporation</name>
        <lei>WEQ82666OJYSI5GUAB47</lei>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>MORGAN STANLEY RESIDENTIAL MORTGAGE LOAN TRUST</name>
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        <title>Morgan Stanley Residential Mortgage Loan 2.5%, Due  12/25/2050</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Columbia Sportswear Co.</name>
        <lei>549300OTMCIEUXAH5Z60</lei>
        <title>Columbia Sportswear Company </title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Harsco Corporation</name>
        <lei>KAO98FK89NPNNPQGUZ43</lei>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Syneos Health Inc</name>
        <lei>549300F1ZGKDS8P6GU13</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Fnma Pass-Thru I</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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        <issuerCat>USGSE</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>PNC Financial Services Group Inc</name>
        <lei>CFGNEKW0P8842LEUIA51</lei>
        <title>PNC Financial Services Group, Inc. (The) </title>
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        <fairValLevel>1</fairValLevel>
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        <name>Vulcan Materials Company</name>
        <lei>549300Q8LSNHAVWBNI21</lei>
        <title>Vulcan Materials Company </title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Consolidated Communications, Inc.</name>
        <lei>549300WW675Y48HDVX34</lei>
        <title>CONSOLIDATED COMMUNICATIONS 6.5%, DUE 10/01/2028</title>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>JPW Industries Inc</name>
        <lei>2549006C25X8KUBSYI24</lei>
        <title>JPW Industries Holding Corporation 9.00%, due 10/01/2024</title>
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        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Shell PLC</name>
        <lei>21380068P1DRHMJ8KU70</lei>
        <title>Shell plc </title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Abbott Laboratories</name>
        <lei>HQD377W2YR662HK5JX27</lei>
        <title>Abbott Laboratories </title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>GS MORTGAGE-BACKED SECURITIES TRUST</name>
        <lei>N/A</lei>
        <title>GS Mortgage-Backed Securities Series 21-PJ2</title>
        <cusip>36264DAD8</cusip>
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          <isin value="US36264DAD84"/>
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        <isRestrictedSec>Y</isRestrictedSec>

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        <name>Lam Research Corporation</name>
        <lei>549300I4GMO6D34U1T02</lei>
        <title>Lam Research Corporation </title>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>FLAGSTAR MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>Flagstar Mortgage Trust 2.500%, Due 02/01/2051</title>
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        <name>Ameren Corporation</name>
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        <title>Ameren Corporation </title>
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        <name>SEQUOIA MORTGAGE TRUST</name>
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        <title>Sequoia Mortgage Trust Series 19-5 Class A1</title>
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        <name>SEQUOIA MORTGAGE TRUST</name>
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        <title>SEQUOIA MORTGAGE TRUST SEMT 2021-6 AIO3</title>
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        <name>RATE MORTGAGE TRUST 2021-J1</name>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>GS MORTGAGE-BACKED SECURITIES TRUST</name>
        <lei>N/A</lei>
        <title>GS Mortgage-Backed Securities Series 21-PJ3</title>
        <cusip>36262AAD6</cusip>
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        <curCd>USD</curCd>
        <valUSD>4068258.03000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Las Vegas Sands Corp</name>
        <lei>549300DUOO1KXOHPM605</lei>
        <title>Las Vegas Sands Corporation </title>
        <cusip>517834107</cusip>
        <identifiers>
          <isin value="US5178341070"/>
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        <balance>76694.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2981095.78000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Dolby Laboratories Inc.</name>
        <lei>549300X04FB2QPCJ5J24</lei>
        <title>Dolby Laboratories, Inc. Class A</title>
        <cusip>25659T107</cusip>
        <identifiers>
          <isin value="US25659T1079"/>
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        <balance>7979.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>624117.38000000</valUSD>
        <pctVal>0.127921198742</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>COREVEST AMERICAN FINANCE TRUST</name>
        <lei>N/A</lei>
        <title>Colony American Finance Ltd. Series 19-3 Class A</title>
        <cusip>21872NAA8</cusip>
        <identifiers>
          <isin value="US21872NAA81"/>
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        <balance>1855258.82240000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1813009.76000000</valUSD>
        <pctVal>0.371600582300</pctVal>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.70500040</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Ares Capital Corporation</name>
        <lei>WEQ82666OJYSI5GUAB47</lei>
        <title>Ares Capital Corporation 4.20%, due 06/10/2024</title>
        <cusip>04010LAX1</cusip>
        <identifiers>
          <isin value="US04010LAX10"/>
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        <balance>3345000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3371740.77000000</valUSD>
        <pctVal>0.691083336196</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-06-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.20000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae Pool B03192</title>
        <cusip>3140JXRN0</cusip>
        <identifiers>
          <isin value="US3140JXRN09"/>
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        <balance>2126650.47750000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2092460.74000000</valUSD>
        <pctVal>0.428877795685</pctVal>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>AAG FH LP/FinCo Inc</name>
        <lei>N/A</lei>
        <title>AAG FH LP / AAG FH FINCO 9.75%, DUE 07/15/2024</title>
        <cusip>00033AAA6</cusip>
        <identifiers>
          <isin value="US00033AAA60"/>
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        <balance>2523000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2485155.00000000</valUSD>
        <pctVal>0.509365732872</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.75000000</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>Magallanes Inc.</name>
        <lei>N/A</lei>
        <title>MAGALLANES INC 5.141%, DUE 03/15/2052</title>
        <cusip>55903VAQ6</cusip>
        <identifiers>
          <isin value="US55903VAQ68"/>
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        <balance>1845000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1888071.29000000</valUSD>
        <pctVal>0.386985446117</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.14100000</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>Summit Midstream Holdings, LLC / Summit Midstream Finance Corp.</name>
        <lei>N/A</lei>
        <title>Summit Midstream Holdings, LLC 8.50%, DUE 10/15/2026</title>
        <cusip>86614WAE6</cusip>
        <identifiers>
          <isin value="US86614WAE66"/>
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        <balance>1870000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1793236.50000000</valUSD>
        <pctVal>0.367547788381</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-15</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>
      <invstOrSec>
        <name>Healthpeak Properties Inc</name>
        <lei>PZ9HF5U52KPF0MH0QN75</lei>
        <title>Healthpeak Properties, Inc. </title>
        <cusip>42250P103</cusip>
        <identifiers>
          <isin value="US42250P1030"/>
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        <balance>73958.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2538978.14000000</valUSD>
        <pctVal>0.520397504794</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>AbbVie Inc.</name>
        <lei>FR5LCKFTG8054YNNRU85</lei>
        <title>AbbVie, Inc. </title>
        <cusip>00287Y109</cusip>
        <identifiers>
          <isin value="US00287Y1091"/>
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        <balance>2813.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>456015.43000000</valUSD>
        <pctVal>0.093466457304</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Suburban Propane Partners LP / Suburban Energy Finance Corporation</name>
        <lei>JJAX4X60DE65EYFOTY73</lei>
        <title>Suburban Propane Partners 5.875% due 03/01/2027</title>
        <cusip>864486AK1</cusip>
        <identifiers>
          <isin value="US864486AK16"/>
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        <balance>1100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1115125.00000000</valUSD>
        <pctVal>0.228559773080</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</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>PROVIDENT FUNDING MORTGAGE LOAN TRUST</name>
        <lei>N/A</lei>
        <title>Provident Funding Mortgage Trust Series 19-1 Class A2</title>
        <cusip>74387LAC5</cusip>
        <identifiers>
          <isin value="US74387LAC54"/>
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        <balance>1383308.04090000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1363064.99000000</valUSD>
        <pctVal>0.279378387900</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-12-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.00000000</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>CME Group Inc.</name>
        <lei>LCZ7XYGSLJUHFXXNXD88</lei>
        <title>CME Group, Inc. </title>
        <cusip>12572Q105</cusip>
        <identifiers>
          <isin value="US12572Q1058"/>
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        <balance>1563.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>371775.18000000</valUSD>
        <pctVal>0.076200292144</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Citizens Financial Group Inc</name>
        <lei>2138004JDDA4ZQUPFW65</lei>
        <title>Citizens Financial Group, Inc. 6.000%, Perpetual</title>
        <cusip>174610AP0</cusip>
        <identifiers>
          <isin value="US174610AP06"/>
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        <balance>2750000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2681250.00000000</valUSD>
        <pctVal>0.549558024052</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>6.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Owl Rock Capital Corporation</name>
        <lei>2549000BD79OOCPF2L94</lei>
        <title>Owl Rock Capital Corporation Senior Note 3.4%, Due 07/15/2026</title>
        <cusip>69121KAE4</cusip>
        <identifiers>
          <isin value="US69121KAE47"/>
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        <balance>3525000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3312092.12000000</valUSD>
        <pctVal>0.678857548138</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.40000000</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>
        <name>Lmrec 2019-Cre3 Llc</name>
        <lei>N/A</lei>
        <title>Latitude Management Real Estate Series 19-CRE3 Class A</title>
        <cusip>50209TAA8</cusip>
        <identifiers>
          <isin value="US50209TAA88"/>
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        <balance>3615000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3597958.89000000</valUSD>
        <pctVal>0.737449763434</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-12-22</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.58999904</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>Federal Home Loan Mortgage Corporation</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddit Mac Giant POOL FG G61858</title>
        <cusip>31335CB37</cusip>
        <identifiers>
          <isin value="US31335CB379"/>
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        <balance>2695176.12000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2721595.18000000</valUSD>
        <pctVal>0.557827307931</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-01-01</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>
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        <name>Greystar Real Estate Partners LLC</name>
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      <invstOrSec>
        <name>Gates Global Llc/Gates Global Co.</name>
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        <name>Annaly Capital Management, Inc.</name>
        <lei>2DTL0G3FPRYUT58TI025</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>HLSS HOLDINGS LLC</name>
        <lei>549300PJOVSVFWMID248</lei>
        <title>NZES 2020-PLS1 A Due 12/25/2025</title>
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        <name>RCKT MORTGAGE TRUST</name>
        <lei>529900S1VYMIDC5XAC48</lei>
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        <name>Conagra Brands Inc</name>
        <lei>54930035UDEIH090K650</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>Fidelity Institutional Cash Portfolios</name>
        <lei>549300SHPEJB1OPRCV46</lei>
        <title>Fidelity Institutional Money Market Government Por Tfolio</title>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Parkland Corporation</name>
        <lei>549300Q72GWZCL8MQC95</lei>
        <title>Parkland Fuel Corporation 5.875%, Due 07/15/2027</title>
        <cusip>70137TAP0</cusip>
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        <isRestrictedSec>Y</isRestrictedSec>

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        <name>GS MORTGAGE-BACKED SECURITIES TRUST</name>
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        <title>GS Mortgage-Backed Securities Series 20-PJ5</title>
        <cusip>36260DAB6</cusip>
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          <isin value="US36260DAB64"/>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>AutoNation, Inc.</name>
        <lei>N/A</lei>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Fnma Pass-Thru I</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae UMBS INT 20 YEAR 2.5%, Due 08/01/2040</title>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <name>Oracle Corporation</name>
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        <name>Gallagher Aj &amp;Co</name>
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        <name>Fortress Transportation and Infrastructure Investors LLC</name>
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        <title>FORTRESS TRANSN &amp; INFRA INVS L SR GLBL 144A 27 9.75%, Due  08/01/2027</title>
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        <name>Starwood Property Trust, Inc.</name>
        <lei>BUGSFQZERKRBFWIG5267</lei>
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        <name>Service Corporation International</name>
        <lei>549300RKVM2ME20JHZ15</lei>
        <title>Service Corporation International </title>
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        <name>UWM MORTGAGE TRUST</name>
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        <title>UNITED WHOLESALE MORTGAGE LLC 2021-1 AX1 IO, 0.13898%, DUE 06/25/51</title>
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        <name>Exxon Mobil Corporation</name>
        <lei>J3WHBG0MTS7O8ZVMDC91</lei>
        <title>Exxon Mobil Corporation </title>
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        <name>Liberty Media Corp Del</name>
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        <name>Weyerhaeuser Company</name>
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      <invstOrSec>
        <name>JP MORGAN MORTGAGE TRUST</name>
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        <name>Affinity Gaming</name>
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        <name>Prime Healthcare Services Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Philip Morris International Inc.</name>
        <lei>HL3H1H2BGXWVG3BSWR90</lei>
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        <invCountry>US</invCountry>

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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>United States Treasury Notes</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>UNITED STATES TREAS NTS 1.125%, DUE 08/31/2028</title>
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        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>United Health Group Incorporated</name>
        <lei>549300GHBMY8T5GXDE41</lei>
        <title>UnitedHealth Group, Inc. </title>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>FMC Corporation</name>
        <lei>CKDHZ2X64EEBQCSP7013</lei>
        <title>FMC Corporation </title>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>1</fairValLevel>
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        <name>FMC GMSR ISSUER TRUST</name>
        <lei>N/A</lei>
        <title>Freedom Mortgage Trust Floater, Due 01/25/2026</title>
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        <name>The Hanover Insurance Group, Inc.</name>
        <lei>JJYR6MFKFF6CF8DBZ078</lei>
        <title>Hanover Insurance Group, Inc. (The) </title>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

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        <name>Anheuser-Busch InBev Worldwide Inc.</name>
        <lei>549300CRGMZK3K53BF92</lei>
        <title>Anheuser-Busch InBev Worldwide. Inc. 4.500%, Due 6/01/2050</title>
        <cusip>035240AT7</cusip>
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        <issuerCat>CORP</issuerCat>
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        <name>Pinnacle Financial Partners Inc</name>
        <lei>54930098EZ8JMSAZGS24</lei>
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        <assetCat>EC</assetCat>
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        <name>Merck &amp; Co., Inc</name>
        <lei>4YV9Y5M8S0BRK1RP0397</lei>
        <title>Merck &amp; Company, Inc. </title>
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        <name>AAdvantage Loyalty IP Ltd/ American Airlines Inc</name>
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        <title>AAdvantage Loyalty, L.P. Ltd. 5.5%, Due 04/20/2026</title>
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        <name>United States Treasury Notes</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>US Treasury Note 1.125%, Due 2/15/31</title>
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        <name>Gannett Holdings Llc</name>
        <lei>N/A</lei>
        <title>GANNETT HOLDINGS LLC 6%, DUE 11/01/2026</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

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        <name>CVS Health Corp</name>
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        <name>United Parcel Service, Inc.</name>
        <lei>D01LMJZU09ULLNCY6Z23</lei>
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        <name>The Allstate Corporation</name>
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        <name>Fnma Pass-Thru I</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Bank of America Corporation</name>
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        <name>United States Treasury Bonds</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Hewlett Packard Enterprise Company</name>
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        <name>Crown Castle International Corp.</name>
        <lei>54930012H97VSM0I2R19</lei>
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        <name>Emerson Electric Co.</name>
        <lei>FGLT0EWZSUIRRITFOA30</lei>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>Alamos Gold Inc.</name>
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        <assetCat>EC</assetCat>
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        <invCountry>CA</invCountry>

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        <fairValLevel>1</fairValLevel>
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        <name>Apple Inc.</name>
        <lei>HWUPKR0MPOU8FGXBT394</lei>
        <title>Apple, Inc. 3.85%, Due 05/04/2043</title>
        <cusip>037833AL4</cusip>
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        <name>Safehold Operating Partnership Lp</name>
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        <name>Delta Air Lines Inc</name>
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        <name>Blackstone Mortgage Trust, Inc</name>
        <lei>549300OLDJ20R2Y2UW20</lei>
        <title>Blackstone Mortgage Trust, Inc. Class A</title>
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        <name>Bds 2019-Fl4 Ltd/Llc</name>
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        <name>Public Service Enterprise Group Incorporated</name>
        <lei>PUSS41EMO3E6XXNV3U28</lei>
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        <name>JPMorgan Chase &amp; Co.</name>
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        <name>Southern Copper Corporation</name>
        <lei>2549007U6NAP46Q9TU15</lei>
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        <name>The Boeing Company</name>
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        <name>Fnma Pass-Thru I</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae Super Pool FM1526</title>
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        <name>Chimera Investment Corporation</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Enlink Midstream Partners LP</name>
        <lei>88CPW63VL7KHJWS0NY83</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Tacora Resources Incorporated</name>
        <lei>549300L67A19OXSFBA84</lei>
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        <name>MELLO MORTGAGE CAPITAL ACCEPTANCE</name>
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        <name>Cpi Cg Incorporated</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Mueller Water Products, Inc.</name>
        <lei>549300F7ZU4P1F8V8L60</lei>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Morgan Stanley</name>
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        <title>Morgan Stanley </title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Newrez LLC / Newres Gmsr Excess Owner LLC</name>
        <lei>549300FNXYY540N23N64</lei>
        <title>NRZ Excess Spread Collateralization Series 2021-GNT1, Class A</title>
        <cusip>65246QAA7</cusip>
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        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.47400000</annualizedRt>
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      <invstOrSec>
        <name>Fnma Pass-Thru I</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA MBS JUMBO 30 YEAR 2.5%, DUE 07/01/2051</title>
        <cusip>3140LQB82</cusip>
        <identifiers>
          <isin value="US3140LQB825"/>
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        <curCd>USD</curCd>
        <valUSD>5005487.35000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.50000000</annualizedRt>
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        <name>Apple Inc.</name>
        <lei>HWUPKR0MPOU8FGXBT394</lei>
        <title>Apple, Inc. </title>
        <cusip>037833100</cusip>
        <identifiers>
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        <balance>2568.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>448398.48000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Ishares Silver Trust</name>
        <lei>5493000860OXIC4B5K91</lei>
        <title>ISHARES SILVER TRUST </title>
        <cusip>46428Q109</cusip>
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        <balance>310000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7092800.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>New Residential Investment Corp.</name>
        <lei>549300WNTHGEO5LP2G31</lei>
        <title>New Residential Investment Corporation 6.375% Preferred</title>
        <cusip>64828T508</cusip>
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        <curCd>USD</curCd>
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        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Ares Capital Corporation</name>
        <lei>WEQ82666OJYSI5GUAB47</lei>
        <title>Ares Capital Corporation 3.250%, Due 07/15/2025</title>
        <cusip>04010LAY9</cusip>
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          <isin value="US04010LAY92"/>
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        <balance>3890000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>QUALCOMM Incorporated</name>
        <lei>H1J8DDZKZP6H7RWC0H53</lei>
        <title>QUALCOMM, Inc. </title>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Seagate Technology Holdings PLC</name>
        <lei>635400RUXIFEZSRU8X70</lei>
        <title>Seagate Technology plc (Ireland)</title>
        <cusip>G7997R103</cusip>
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          <isin value="IE00BKVD2N49"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Brundage-Bone Concrete Pumping Holdings Incorporated</name>
        <lei>N/A</lei>
        <title>Brundage-Bond Concrete Pumping 6.0%, Due 02/01/2026</title>
        <cusip>66981QAA4</cusip>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

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        <name>J.P. MORGAN MORTGAGE TRUST 2022-INV3</name>
        <lei>N/A</lei>
        <title>J.P. MORGAN MTG TR 2022-INV3 3.50%, DUE 09/25/2052</title>
        <cusip>46593FAD4</cusip>
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        <curCd>USD</curCd>
        <valUSD>2347655.00000000</valUSD>
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        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

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        <name>Ciena Corporation</name>
        <lei>W0CZ7N0GH8UIGXDM1H41</lei>
        <title>Ciena Corporation </title>
        <cusip>171779309</cusip>
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          <isin value="US1717793095"/>
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        <balance>41629.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>Microsoft Corporation</name>
        <lei>INR2EJN1ERAN0W5ZP974</lei>
        <title>Microsoft Corporation </title>
        <cusip>594918104</cusip>
        <identifiers>
          <isin value="US5949181045"/>
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        <balance>2154.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>664099.74000000</valUSD>
        <pctVal>0.136116117813</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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        <name>M&amp;T Bank Corporation</name>
        <lei>549300WYXDDBYRASEG81</lei>
        <title>M&amp;T Bank Corporation </title>
        <cusip>55261F104</cusip>
        <identifiers>
          <isin value="US55261F1049"/>
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        <balance>1668.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>282726.00000000</valUSD>
        <pctVal>0.057948472506</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
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      <invstOrSec>
        <name>General Motors Financial Company  Inc</name>
        <lei>5493008B6JBRUJ90QL97</lei>
        <title>General Motors Financial Co 5.65% due 01/17/2029</title>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>JP MORGAN MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>JPMMT 2021-6 A15 2.50%, Due 10/25/2051</title>
        <cusip>46653PBM8</cusip>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Intel Corporation</name>
        <lei>KNX4USFCNGPY45LOCE31</lei>
        <title>Intel Corporation </title>
        <cusip>458140100</cusip>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>AT&amp;T Inc</name>
        <lei>549300Z40J86GGSTL398</lei>
        <title>AT&amp;T, Inc. </title>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>COREVEST AMERICAN FINANCE TRUST</name>
        <lei>N/A</lei>
        <title>Colony American Finance Ltd Series 2019-1 Class A</title>
        <cusip>21872FAA5</cusip>
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          <isin value="US21872FAA57"/>
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      <invstOrSec>
        <name>GS MORTGAGE-BACKED SECURITIES TRUST</name>
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        <title>GS Mortgage-Backed Securities Series 21-PJ1</title>
        <cusip>36261MAD1</cusip>
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      <invstOrSec>
        <name>GS MORTGAGE-BACKED SECURITIES TRUST</name>
        <lei>N/A</lei>
        <title>GS Mortgage Securities Trust IO, 0.13898%, DUE 06/25/51</title>
        <cusip>36262WBC9</cusip>
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          <isin value="US36262WBC91"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

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      <invstOrSec>
        <name>The Procter &amp; Gamble Company</name>
        <lei>2572IBTT8CCZW6AU4141</lei>
        <title>Procter &amp; Gamble Company (The) </title>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Lincoln National Corporation</name>
        <lei>EFQMQROEDSNBRIP7LE47</lei>
        <title>LINCOLN NATIONAL CORPORATION 3.05%, DUE 01/15/2030</title>
        <cusip>534187BJ7</cusip>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>JW Aluminum Continous Cast Co</name>
        <lei>5493008HJ8BWQC8XAF08</lei>
        <title>JW Aluminum Continuous Cast Company 10.25%, due 06/01/2026</title>
        <cusip>46648XAA6</cusip>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Federal Farm Credit Banks</name>
        <lei>N/A</lei>
        <title>FEDERAL FARM CR BKS CONS BD 3.80%, DUE 04/05/2032</title>
        <cusip>3133ENTX8</cusip>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Paccar Inc</name>
        <lei>KDTEY8BWE486IKZ3CC07</lei>
        <title>PACCAR, Inc. </title>
        <cusip>693718108</cusip>
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          <isin value="US6937181088"/>
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        <valUSD>532471.22000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>FLAGSTAR MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>Flagstar Mortgage Trust 2.500%, Due 02/01/2051</title>
        <cusip>33852DAB7</cusip>
        <identifiers>
          <isin value="US33852DAB73"/>
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        <balance>1829833.17950000</balance>
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        <invCountry>US</invCountry>

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      <invstOrSec>
        <name>JP MORGAN MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>JP Morgan Wealth Management - Mortgage Trust 3.000%, Due 11/25/2050</title>
        <cusip>46653LAC0</cusip>
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          <isin value="US46653LAC00"/>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>Y</isRestrictedSec>

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        <name>Federal Home Loan Banks</name>
        <lei>2549001DPIFGXC1TOL40</lei>
        <title>Federal Home Loan Bank CALL STEP 1.15% Due 02/26/2031</title>
        <cusip>3130ALCZ5</cusip>
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        <valUSD>2439859.65000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-02-26</maturityDt>
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      <invstOrSec>
        <name>General Motors Company</name>
        <lei>54930070NSV60J38I987</lei>
        <title>General Motors Company </title>
        <cusip>37045V100</cusip>
        <identifiers>
          <isin value="US37045V1008"/>
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        <balance>11099.00000000</balance>
        <units>NS</units>
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        <valUSD>485470.26000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Caterpillar Inc</name>
        <lei>WRJR7GS4GTRECRRTVX92</lei>
        <title>Caterpillar, Inc. </title>
        <cusip>149123101</cusip>
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        <balance>3411.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>760039.02000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>iStar Inc</name>
        <lei>QFFLKWYYS3UPWD86E794</lei>
        <title>iStar, Inc. 5.50%, Due 02/15/2026</title>
        <cusip>45031UCJ8</cusip>
        <identifiers>
          <isin value="US45031UCJ88"/>
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        <balance>1160000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1177400.00000000</valUSD>
        <pctVal>0.241323866673</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Stonemor Incorporation</name>
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        <name>Federal Farm Credit Banks</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Small Business Administration</name>
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        <name>Quest Diagnostics Incorporated</name>
        <lei>8MCWUBXQ0WE04KMXBX50</lei>
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        <name>Southern Company</name>
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        <name>United States Treasury Notes</name>
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        <issuerCat>UST</issuerCat>
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        <name>Truist Financial Corporation</name>
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        <name>Pennymac Corporation</name>
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        <name>Fnma Pass-Thru I</name>
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        <name>RMF BUYOUT ISSUANCE TRUST</name>
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        <name>NSG Holdings LLC</name>
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        <name>Neon Holdings Inc</name>
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        <name>Gates Industrial Corp PLC</name>
        <lei>549300S6K4FWUSB9KM27</lei>
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        <name>Plains All American Pipeline L.P./PAA Finance Corp.</name>
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        <name>The Coca-Cola Company</name>
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        <title>Coca-Cola Company (The) </title>
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        <name>RCKT MORTGAGE TRUST</name>
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        <name>Federal Home Loan Banks</name>
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        <name>Paramount Global</name>
        <lei>5KYC8KF17ROCY24M3H09</lei>
        <title>PARAMOUNT GLOBAL 5.75% CONV PRFERRED A</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <curCd>USD</curCd>
        <valUSD>2053630.00000000</valUSD>
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        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      </invstOrSec>
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        <valUSD>3130642.54000000</valUSD>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VanEck ETF Trust</name>
        <lei>549300ZLFKNTXC51ZN76</lei>
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          <isin value="US92189F1066"/>
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        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2857075.00000000</valUSD>
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        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Federal Home Loan Mortgage Corporation</name>
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        <title>FREDDIE MAC POOL FR ZN6606</title>
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          <isin value="US3131YDKT06"/>
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        <balance>1200592.47000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1184190.77000000</valUSD>
        <pctVal>0.242715725748</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <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>2022-05-31</ncom:dateSigned>
      <ncom:nameOfApplicant>Chartwell Funds</ncom:nameOfApplicant>
      <ncom:signature>Chartwell Funds</ncom:signature>
      <ncom:signerName>Sarah Criger</ncom:signerName>
      <ncom:title>AVP, Fund Accounting</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
