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    <isConfidential>false</isConfidential>
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          <ccc>XXXXXXXX</ccc>
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        <classId>C000221278</classId>
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      <regFileNumber>811-23305</regFileNumber>
      <regCik>0001710607</regCik>
      <regLei>5493006IKK34YJD98183</regLei>
      <regStreet1>4500 Main St</regStreet1>
      <regCity>Kansas City</regCity>
      <regStateConditional regCountry="US" regState="US-MO"/>
      <regZipOrPostalCode>64111</regZipOrPostalCode>
      <regPhone>816-531-5575</regPhone>
      <seriesName>Avantis Core Fixed Income ETF</seriesName>
      <seriesId>S000069304</seriesId>
      <seriesLei>5493005QQB5ZRJ4CMQ30</seriesLei>
      <repPdEnd>2022-08-31</repPdEnd>
      <repPdDate>2021-11-30</repPdDate>
      <isFinalFiling>N</isFinalFiling>
    </genInfo>
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      <totLiabs>30360062.890000000000</totLiabs>
      <netAssets>88124909.420000000000</netAssets>
      <assetsAttrMiscSec>0.000000000000</assetsAttrMiscSec>
      <assetsInvested>0.000000000000</assetsInvested>
      <amtPayOneYrBanksBorr>0.000000000000</amtPayOneYrBanksBorr>
      <amtPayOneYrCtrldComp>0.000000000000</amtPayOneYrCtrldComp>
      <amtPayOneYrOthAffil>0.000000000000</amtPayOneYrOthAffil>
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          <interestRtContracts>
            <mon1 netRealizedGain="N/A" netUnrealizedAppr="-8798.8200"/>
            <mon2 netRealizedGain="N/A" netUnrealizedAppr="-4531.2500"/>
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            <futureCategory>
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        <cusip>617446HD4</cusip>
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          <ticker value="MS"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>71788.8000000000</valUSD>
        <pctVal>0.0814625518</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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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>
      <invstOrSec>
        <name>Mosaic Co/The</name>
        <lei>2YD5STGSJNMUB7H76907</lei>
        <title>Mosaic Co/The 5.45 11/15/2033</title>
        <cusip>61945CAD5</cusip>
        <identifiers>
          <isin value="US61945CAD56"/>
          <ticker value="MOS"/>
          <other otherDesc="SEDOL" value="BGF5CJ4"/>
        </identifiers>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>438886.7100000000</valUSD>
        <pctVal>0.4980279842</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Enterprise Products Operating LLC</name>
        <lei>5493004LGN656HWLDA30</lei>
        <title>Enterprise Products Operating LLC 3.35 03/15/2023</title>
        <cusip>29379VAZ6</cusip>
        <identifiers>
          <isin value="US29379VAZ67"/>
          <ticker value="EPD"/>
          <other otherDesc="SEDOL" value="B9M5X73"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>102719.9300000000</valUSD>
        <pctVal>0.1165617425</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Enterprise Products Operating LLC</name>
        <lei>5493004LGN656HWLDA30</lei>
        <title>Enterprise Products Operating LLC 3.70 02/15/2026</title>
        <cusip>29379VBH5</cusip>
        <identifiers>
          <isin value="US29379VBH50"/>
          <ticker value="EPD"/>
          <other otherDesc="SEDOL" value="BWWC4W7"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>32291.7600000000</valUSD>
        <pctVal>0.0366431696</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CVS Health Corp</name>
        <lei>549300EJG376EN5NQE29</lei>
        <title>CVS Health Corp 1.88 02/28/2031</title>
        <cusip>126650DQ0</cusip>
        <identifiers>
          <isin value="US126650DQ03"/>
          <ticker value="CVS"/>
          <other otherDesc="SEDOL" value="BMTSF69"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>179853.4900000000</valUSD>
        <pctVal>0.2040892764</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-28</maturityDt>
          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Camden Property Trust</name>
        <lei>5493002MYX22OHYJBD89</lei>
        <title>Camden Property Trust 2.80 05/15/2030</title>
        <cusip>133131AZ5</cusip>
        <identifiers>
          <isin value="US133131AZ59"/>
          <ticker value="CPT"/>
          <other otherDesc="SEDOL" value="BMFQ5D4"/>
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        <balance>65000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>68378.8100000000</valUSD>
        <pctVal>0.0775930556</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
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          <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>ABB Finance USA Inc</name>
        <lei>5493002Y01YAFV45F528</lei>
        <title>ABB Finance USA Inc 3.80 04/03/2028</title>
        <cusip>00037BAF9</cusip>
        <identifiers>
          <isin value="US00037BAF94"/>
          <ticker value="ABBNVX"/>
          <other otherDesc="SEDOL" value="BFXCMJ0"/>
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        <balance>106000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>119523.0000000000</valUSD>
        <pctVal>0.1356290756</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-03</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.800000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AbbVie Inc</name>
        <lei>FR5LCKFTG8054YNNRU85</lei>
        <title>AbbVie Inc 4.50 05/14/2035</title>
        <cusip>00287YAR0</cusip>
        <identifiers>
          <isin value="US00287YAR09"/>
          <ticker value="ABBV"/>
          <other otherDesc="SEDOL" value="BXDZFY1"/>
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        <balance>285000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>337967.1100000000</valUSD>
        <pctVal>0.3835091715</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-05-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.500000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fannie Mae or Freddie Mac</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNCI 2 1/22 MBS 15yr</title>
        <cusip>01F020414</cusip>
        <identifiers>
          <isin value="US01F0204143"/>
          <ticker value="FNCI"/>
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        <balance>700000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>716488.2800000000</valUSD>
        <pctVal>0.8130371818</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-04-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.000000000000000</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>Fannie Mae or Freddie Mac</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNCI 2 2/22 MBS 15yr</title>
        <cusip>01F020422</cusip>
        <identifiers>
          <isin value="US01F0204226"/>
          <ticker value="FNCI"/>
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        <balance>750000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>766494.1400000000</valUSD>
        <pctVal>0.8697814784</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-04-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.000000000000000</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>Mosaic Co/The</name>
        <lei>2YD5STGSJNMUB7H76907</lei>
        <title>Mosaic Co/The 4.05 11/15/2027</title>
        <cusip>61945CAG8</cusip>
        <identifiers>
          <isin value="US61945CAG87"/>
          <ticker value="MOS"/>
          <other otherDesc="SEDOL" value="BD5W807"/>
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        <balance>25000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>27516.2700000000</valUSD>
        <pctVal>0.0312241683</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.050000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mylan Inc</name>
        <lei>30ZMPDNA1RHIBH89C294</lei>
        <title>Mylan Inc 4.55 04/15/2028</title>
        <cusip>628530BK2</cusip>
        <identifiers>
          <isin value="US628530BK28"/>
          <ticker value="VTRS"/>
          <other otherDesc="SEDOL" value="BHQSS68"/>
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        <balance>202000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>227389.9600000000</valUSD>
        <pctVal>0.2580314255</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.550000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Equinix Inc</name>
        <lei>549300EVUN2BTLJ3GT74</lei>
        <title>Equinix Inc 1.25 07/15/2025</title>
        <cusip>29444UBF2</cusip>
        <identifiers>
          <isin value="US29444UBF21"/>
          <ticker value="EQIX"/>
          <other otherDesc="SEDOL" value="BMBZTF5"/>
        </identifiers>
        <balance>100000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>98171.5500000000</valUSD>
        <pctVal>0.1114004549</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.250000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Equinor ASA</name>
        <lei>OW6OFBNCKXC4US5C7523</lei>
        <title>Equinor ASA 2.88 04/06/2025</title>
        <cusip>29446MAD4</cusip>
        <identifiers>
          <isin value="US29446MAD48"/>
          <ticker value="EQNR"/>
          <other otherDesc="SEDOL" value="BM8MLY2"/>
        </identifiers>
        <balance>125000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>131066.8200000000</valUSD>
        <pctVal>0.1487284593</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-04-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.875000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AbbVie Inc</name>
        <lei>FR5LCKFTG8054YNNRU85</lei>
        <title>AbbVie Inc 3.20 11/21/2029</title>
        <cusip>00287YBX6</cusip>
        <identifiers>
          <isin value="US00287YBX67"/>
          <ticker value="ABBV"/>
          <other otherDesc="SEDOL" value="BMCF8B3"/>
        </identifiers>
        <balance>50000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>53124.4600000000</valUSD>
        <pctVal>0.0602831371</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.200000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Adobe Inc</name>
        <lei>FU4LY2G4933NH2E1CP29</lei>
        <title>Adobe Inc 2.30 02/01/2030</title>
        <cusip>00724PAD1</cusip>
        <identifiers>
          <isin value="US00724PAD15"/>
          <ticker value="ADBE"/>
          <other otherDesc="SEDOL" value="BJSB7N9"/>
        </identifiers>
        <balance>208000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>212353.3100000000</valUSD>
        <pctVal>0.2409685427</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.300000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Campbell Soup Co</name>
        <lei>5493007JDSMX8Z5Z1902</lei>
        <title>Campbell Soup Co 4.15 03/15/2028</title>
        <cusip>134429BG3</cusip>
        <identifiers>
          <isin value="US134429BG35"/>
          <ticker value="CPB"/>
          <other otherDesc="SEDOL" value="BFXCMX4"/>
        </identifiers>
        <balance>318000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>354200.3500000000</valUSD>
        <pctVal>0.4019298883</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.150000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Canadian Natural Resources Ltd</name>
        <lei>549300T15RIMIKZC5Q38</lei>
        <title>Canadian Natural Resources Ltd 2.95 07/15/2030</title>
        <cusip>136385BA8</cusip>
        <identifiers>
          <isin value="US136385BA87"/>
          <ticker value="CNQCN"/>
          <other otherDesc="SEDOL" value="BMBQJK3"/>
        </identifiers>
        <balance>363000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>370994.8800000000</valUSD>
        <pctVal>0.4209875306</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.950000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fannie Mae or Freddie Mac</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNCI 2 12/21 MBS 15yr</title>
        <cusip>01F0204C0</cusip>
        <identifiers>
          <isin value="US01F0204C04"/>
          <ticker value="FNCI"/>
        </identifiers>
        <balance>700000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>717800.7800000000</valUSD>
        <pctVal>0.8145265450</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-04-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNCL 2 1/22 MBS 30yr</title>
        <cusip>01F020612</cusip>
        <identifiers>
          <isin value="US01F0206122"/>
          <ticker value="FNCL"/>
        </identifiers>
        <balance>1650000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1647808.6000000000</valUSD>
        <pctVal>1.8698556524</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-07-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NXP BV / NXP Funding LLC</name>
        <lei>N/A</lei>
        <title>NXP BV / NXP Funding LLC 5.55 12/01/2028</title>
        <cusip>62947QAY4</cusip>
        <identifiers>
          <isin value="US62947QAY44"/>
          <ticker value="NXPI"/>
          <other otherDesc="SEDOL" value="BHNK8C3"/>
        </identifiers>
        <balance>360000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>434119.2400000000</valUSD>
        <pctVal>0.4926180836</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.550000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>National Fuel Gas Co</name>
        <lei>8JB38FFW1Y3C1HM8E841</lei>
        <title>National Fuel Gas Co 5.50 01/15/2026</title>
        <cusip>636180BQ3</cusip>
        <identifiers>
          <isin value="US636180BQ36"/>
          <ticker value="NFG"/>
          <other otherDesc="SEDOL" value="BMGY850"/>
        </identifiers>
        <balance>45000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>51022.8300000000</valUSD>
        <pctVal>0.0578983063</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-01-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.500000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>European Bank for Reconstruction &amp; Development</name>
        <lei>549300HTGDOVDU6OGK19</lei>
        <title>European Bank for Reconstruction &amp; Development 2.13 03/07/2022</title>
        <cusip>29874QDA9</cusip>
        <identifiers>
          <isin value="US29874QDA94"/>
          <ticker value="EBRD"/>
          <other otherDesc="SEDOL" value="BF040F1"/>
        </identifiers>
        <balance>25000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>25130.5100000000</valUSD>
        <pctVal>0.0285169201</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-03-07</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.125000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>European Investment Bank</name>
        <lei>5493006YXS1U5GIHE750</lei>
        <title>European Investment Bank 4.88 02/15/2036</title>
        <cusip>298785DV5</cusip>
        <identifiers>
          <isin value="US298785DV50"/>
          <ticker value="EIB"/>
          <other otherDesc="SEDOL" value="B7TMRV5"/>
        </identifiers>
        <balance>30000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>41874.5000000000</valUSD>
        <pctVal>0.0475172120</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.875000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>African Development Bank</name>
        <lei>549300LNCLMO3ITVCU07</lei>
        <title>African Development Bank 0.75 04/03/2023</title>
        <cusip>008281BC0</cusip>
        <identifiers>
          <isin value="US008281BC08"/>
          <ticker value="AFDB"/>
          <other otherDesc="SEDOL" value="BK8TZ36"/>
        </identifiers>
        <balance>110000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>110476.2100000000</valUSD>
        <pctVal>0.1253632040</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CI</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-04-03</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.750000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Air Lease Corp</name>
        <lei>5493004NW4M4P8TMMK63</lei>
        <title>Air Lease Corp 3.63 12/01/2027</title>
        <cusip>00912XAY0</cusip>
        <identifiers>
          <isin value="US00912XAY04"/>
          <ticker value="AL"/>
          <other otherDesc="SEDOL" value="BF3RHG7"/>
        </identifiers>
        <balance>363000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>382752.2200000000</valUSD>
        <pctVal>0.4343292067</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.625000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Southwestern Electric Power Co</name>
        <lei>R64UBJHEC74EB3HGQ410</lei>
        <title>Southwestern Electric Power Co 4.10 09/15/2028</title>
        <cusip>845437BR2</cusip>
        <identifiers>
          <isin value="US845437BR25"/>
          <ticker value="AEP"/>
          <other otherDesc="SEDOL" value="BDZ2X24"/>
        </identifiers>
        <balance>100000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>111159.2900000000</valUSD>
        <pctVal>0.1261383311</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.100000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Starbucks Corp</name>
        <lei>OQSJ1DU9TAOC51A47K68</lei>
        <title>Starbucks Corp 4.00 11/15/2028</title>
        <cusip>855244AR0</cusip>
        <identifiers>
          <isin value="US855244AR02"/>
          <ticker value="SBUX"/>
          <other otherDesc="SEDOL" value="BFXV4Q8"/>
        </identifiers>
        <balance>225000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>253454.3500000000</valUSD>
        <pctVal>0.2876080687</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNCL 2 2/22 MBS 30yr</title>
        <cusip>01F020620</cusip>
        <identifiers>
          <isin value="US01F0206205"/>
          <ticker value="FNCL"/>
        </identifiers>
        <balance>1000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>996445.3200000000</valUSD>
        <pctVal>1.1307192558</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-07-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNCL 2 12/21 MBS 30yr</title>
        <cusip>01F0206C8</cusip>
        <identifiers>
          <isin value="US01F0206C85"/>
          <ticker value="FNCL"/>
        </identifiers>
        <balance>350000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>350300.7800000000</valUSD>
        <pctVal>0.3975048398</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-07-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Caterpillar Financial Services Corp</name>
        <lei>EDBQKYOPJUCJKLOJDE72</lei>
        <title>Caterpillar Financial Services Corp 3.65 12/07/2023</title>
        <cusip>14913Q2S7</cusip>
        <identifiers>
          <isin value="US14913Q2S76"/>
          <ticker value="CAT"/>
          <other otherDesc="SEDOL" value="BFN2XV9"/>
        </identifiers>
        <balance>140000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>147659.3800000000</valUSD>
        <pctVal>0.1675569155</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-12-07</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.650000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Caterpillar Financial Services Corp</name>
        <lei>EDBQKYOPJUCJKLOJDE72</lei>
        <title>Caterpillar Financial Services Corp 1.10 09/14/2027</title>
        <cusip>14913R2G1</cusip>
        <identifiers>
          <isin value="US14913R2G11"/>
          <ticker value="CAT"/>
          <other otherDesc="SEDOL" value="BMGX868"/>
        </identifiers>
        <balance>50000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>48364.8600000000</valUSD>
        <pctVal>0.0548821670</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.100000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>National Rural Utilities Cooperative Finance Corp</name>
        <lei>4NYF266XZC35SCTGX023</lei>
        <title>National Rural Utilities Cooperative Finance Corp 3.70 03/15/2029</title>
        <cusip>637432NS0</cusip>
        <identifiers>
          <isin value="US637432NS00"/>
          <ticker value="NRUC"/>
          <other otherDesc="SEDOL" value="BJJH996"/>
        </identifiers>
        <balance>150000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>166540.6200000000</valUSD>
        <pctVal>0.1889824581</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.700000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Newmont Corp</name>
        <lei>549300VSP3RIX7FGDZ51</lei>
        <title>Newmont Corp 3.70 03/15/2023</title>
        <cusip>651639AT3</cusip>
        <identifiers>
          <isin value="US651639AT30"/>
          <ticker value="NEM"/>
          <other otherDesc="SEDOL" value="BKTZXH3"/>
        </identifiers>
        <balance>200000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>205727.8000000000</valUSD>
        <pctVal>0.2334502258</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.700000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bank of Montreal</name>
        <lei>NQQ6HPCNCCU6TUTQYE16</lei>
        <title>Bank of Montreal 3.30 02/05/2024</title>
        <cusip>06367WHH9</cusip>
        <identifiers>
          <isin value="US06367WHH97"/>
          <ticker value="BMO"/>
          <other otherDesc="SEDOL" value="BGCSJG2"/>
        </identifiers>
        <balance>70000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>73366.9700000000</valUSD>
        <pctVal>0.0832533849</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-02-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.300000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bank of Nova Scotia/The</name>
        <lei>L3I9ZG2KFGXZ61BMYR72</lei>
        <title>Bank of Nova Scotia/The 3.40 02/11/2024</title>
        <cusip>064159MK9</cusip>
        <identifiers>
          <isin value="US064159MK98"/>
          <ticker value="BNS"/>
          <other otherDesc="SEDOL" value="BJJP934"/>
        </identifiers>
        <balance>163000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>171536.9800000000</valUSD>
        <pctVal>0.1946520923</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-02-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.400000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Equinor ASA</name>
        <lei>OW6OFBNCKXC4US5C7523</lei>
        <title>Equinor ASA 3.70 03/01/2024</title>
        <cusip>85771PAN2</cusip>
        <identifiers>
          <isin value="US85771PAN24"/>
          <ticker value="EQNR"/>
          <other otherDesc="SEDOL" value="BLSP575"/>
        </identifiers>
        <balance>70000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>74235.5700000000</valUSD>
        <pctVal>0.0842390313</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.700000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Steel Dynamics Inc</name>
        <lei>549300HGGKEL4FYTTQ83</lei>
        <title>Steel Dynamics Inc 3.25 01/15/2031</title>
        <cusip>858119BM1</cusip>
        <identifiers>
          <isin value="US858119BM10"/>
          <ticker value="STLD"/>
          <other otherDesc="SEDOL" value="BMBT2Q9"/>
        </identifiers>
        <balance>340000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>358089.2300000000</valUSD>
        <pctVal>0.4063428063</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.250000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Air Products and Chemicals Inc</name>
        <lei>7QEON6Y1RL5XR3R1W237</lei>
        <title>Air Products and Chemicals Inc 1.50 10/15/2025</title>
        <cusip>009158BB1</cusip>
        <identifiers>
          <isin value="US009158BB15"/>
          <ticker value="APD"/>
          <other otherDesc="SEDOL" value="BKX8JP8"/>
        </identifiers>
        <balance>120000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>120900.3200000000</valUSD>
        <pctVal>0.1371919935</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.500000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fannie Mae or Freddie Mac</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNCI 1.5 1/22 MBS 15yr</title>
        <cusip>01F012411</cusip>
        <identifiers>
          <isin value="US01F0124119"/>
          <ticker value="FNCI"/>
        </identifiers>
        <balance>1900000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1906753.8900000000</valUSD>
        <pctVal>2.1636945814</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-08-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.500000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fannie Mae or Freddie Mac</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNCL 2.5 1/22 MBS 30yr</title>
        <cusip>01F022618</cusip>
        <identifiers>
          <isin value="US01F0226187"/>
          <ticker value="FNCL"/>
          <other otherDesc="SEDOL" value="BMF7678"/>
        </identifiers>
        <balance>750000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>767050.7900000000</valUSD>
        <pctVal>0.8704131386</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-07-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.500000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNCL 2.5 12/21 MBS 30yr</title>
        <cusip>01F0226C4</cusip>
        <identifiers>
          <isin value="US01F0226C40"/>
          <ticker value="FNCL"/>
          <other otherDesc="SEDOL" value="BL3HYN5"/>
        </identifiers>
        <balance>250000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>256308.6000000000</valUSD>
        <pctVal>0.2908469372</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-07-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.500000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fannie Mae or Freddie Mac</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNCI 1.5 2/22 MBS 15yr</title>
        <cusip>01F012429</cusip>
        <identifiers>
          <isin value="US01F0124291"/>
          <ticker value="FNCI"/>
        </identifiers>
        <balance>650000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>651294.9200000000</valUSD>
        <pctVal>0.7390588249</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-08-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.500000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNCI 1.5 12/21 MBS 15yr</title>
        <cusip>01F0124C7</cusip>
        <identifiers>
          <isin value="US01F0124C76"/>
          <ticker value="FNCI"/>
        </identifiers>
        <balance>650000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>653453.1200000000</valUSD>
        <pctVal>0.7415078487</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-08-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.500000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cheniere Corpus Christi Holdings LLC</name>
        <lei>549300I7CIEWU1BBLQ53</lei>
        <title>Cheniere Corpus Christi Holdings LLC 5.13 06/30/2027</title>
        <cusip>16412XAG0</cusip>
        <identifiers>
          <isin value="US16412XAG07"/>
          <ticker value="CHCOCH"/>
          <other otherDesc="SEDOL" value="BDRJN78"/>
        </identifiers>
        <balance>104000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>117834.4400000000</valUSD>
        <pctVal>0.1337129772</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.125000000000000</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>CHEVRON U.S.A. INC</name>
        <lei>VA8TZDWPEZYU430RZ444</lei>
        <title>Chevron USA Inc 3.85 01/15/2028</title>
        <cusip>166756AR7</cusip>
        <identifiers>
          <isin value="US166756AR79"/>
          <ticker value="CVX"/>
          <other otherDesc="SEDOL" value="BMV7YS9"/>
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        <balance>343000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>381198.6700000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.850000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Sumitomo Mitsui Financial Group Inc</name>
        <lei>35380028MYWPB6AUO129</lei>
        <title>Sumitomo Mitsui Financial Group Inc 3.94 10/16/2023</title>
        <cusip>86562MBF6</cusip>
        <identifiers>
          <isin value="US86562MBF68"/>
          <ticker value="SUMIBK"/>
          <other otherDesc="SEDOL" value="BGSJG24"/>
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        <balance>50000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>52832.8200000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-10-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.936000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Synchrony Financial</name>
        <lei>549300RS7EWPM9MA6C78</lei>
        <title>Synchrony Financial 3.95 12/01/2027</title>
        <cusip>87165BAM5</cusip>
        <identifiers>
          <isin value="US87165BAM54"/>
          <ticker value="SYF"/>
          <other otherDesc="SEDOL" value="BD2BV19"/>
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        <balance>120000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>129668.6900000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.950000000000000</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>Synchrony Financial</name>
        <lei>549300RS7EWPM9MA6C78</lei>
        <title>Synchrony Financial 5.15 03/19/2029</title>
        <cusip>87165BAP8</cusip>
        <identifiers>
          <isin value="US87165BAP85"/>
          <ticker value="SYF"/>
          <other otherDesc="SEDOL" value="BJQ1YC9"/>
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        <balance>285000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>331653.5700000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.150000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TJX Cos Inc/The</name>
        <lei>V167QI9I69W364E2DY52</lei>
        <title>TJX Cos Inc/The 1.15 05/15/2028</title>
        <cusip>872540AV1</cusip>
        <identifiers>
          <isin value="US872540AV10"/>
          <ticker value="TJX"/>
          <other otherDesc="SEDOL" value="BLGZC65"/>
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        <balance>200000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>192652.8900000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.150000000000000</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>T-Mobile USA Inc</name>
        <lei>549300V2JRLO5DIFGE82</lei>
        <title>T-Mobile USA Inc 3.75 04/15/2027</title>
        <cusip>87264ABD6</cusip>
        <identifiers>
          <isin value="US87264ABD63"/>
          <ticker value="TMUS"/>
          <other otherDesc="SEDOL" value="BN79ZV6"/>
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        <balance>210000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>225974.5000000000</valUSD>
        <pctVal>0.2564252281</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.750000000000000</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>Target Corp</name>
        <lei>8WDDFXB5T1Z6J0XC1L66</lei>
        <title>Target Corp 2.65 09/15/2030</title>
        <cusip>87612EBK1</cusip>
        <identifiers>
          <isin value="US87612EBK10"/>
          <ticker value="TGT"/>
          <other otherDesc="SEDOL" value="BM6CFV9"/>
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        <balance>70000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>73769.4000000000</valUSD>
        <pctVal>0.0837100435</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.650000000000000</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>Norfolk Southern Corp</name>
        <lei>54930036C8MWP850MI84</lei>
        <title>Norfolk Southern Corp 3.15 06/01/2027</title>
        <cusip>655844BT4</cusip>
        <identifiers>
          <isin value="US655844BT49"/>
          <ticker value="NSC"/>
          <other otherDesc="SEDOL" value="BF2N7L1"/>
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        <balance>125000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>133430.2600000000</valUSD>
        <pctVal>0.1514103797</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.150000000000000</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>Northrop Grumman Corp</name>
        <lei>RIMU48P07456QXSO0R61</lei>
        <title>Northrop Grumman Corp 3.25 01/15/2028</title>
        <cusip>666807BN1</cusip>
        <identifiers>
          <isin value="US666807BN13"/>
          <ticker value="NOC"/>
          <other otherDesc="SEDOL" value="BF15KF3"/>
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        <balance>70000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>74760.7400000000</valUSD>
        <pctVal>0.0848349695</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.250000000000000</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>Berkshire Hathaway Energy Co</name>
        <lei>549300JD0S5IZJE9LY15</lei>
        <title>Berkshire Hathaway Energy Co 3.25 04/15/2028</title>
        <cusip>084659AM3</cusip>
        <identifiers>
          <isin value="US084659AM36"/>
          <ticker value="BRKHEC"/>
          <other otherDesc="SEDOL" value="BDFLNQ5"/>
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        <balance>50000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>53883.6300000000</valUSD>
        <pctVal>0.0611446075</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.250000000000000</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>Berkshire Hathaway Energy Co</name>
        <lei>549300JD0S5IZJE9LY15</lei>
        <title>Berkshire Hathaway Energy Co 4.05 04/15/2025</title>
        <cusip>084659AT8</cusip>
        <identifiers>
          <isin value="US084659AT88"/>
          <ticker value="BRKHEC"/>
          <other otherDesc="SEDOL" value="BN6J6X6"/>
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        <balance>120000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>130658.3500000000</valUSD>
        <pctVal>0.1482649467</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.050000000000000</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>Telefonica Europe BV</name>
        <lei>7245007FZS0M65WUGP67</lei>
        <title>Telefonica Europe BV 8.25 09/15/2030</title>
        <cusip>879385AD4</cusip>
        <identifiers>
          <isin value="US879385AD49"/>
          <ticker value="TELEFO"/>
          <other otherDesc="SEDOL" value="4474021"/>
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        <balance>240000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>342362.2000000000</valUSD>
        <pctVal>0.3884965128</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.250000000000000</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>Tennessee Valley Authority</name>
        <lei>549300HE1ISW43LNKM54</lei>
        <title>Tennessee Valley Authority 5.88 04/01/2036</title>
        <cusip>880591CS9</cusip>
        <identifiers>
          <isin value="US880591CS97"/>
          <ticker value="TVA"/>
          <other otherDesc="SEDOL" value="2734697"/>
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        <balance>90000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>133272.8000000000</valUSD>
        <pctVal>0.1512317015</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.880000000000000</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>Novartis Capital Corp</name>
        <lei>5493002KF87V5RSRQS84</lei>
        <title>Novartis Capital Corp 3.10 05/17/2027</title>
        <cusip>66989HAN8</cusip>
        <identifiers>
          <isin value="US66989HAN89"/>
          <ticker value="NOVNVX"/>
          <other otherDesc="SEDOL" value="BZ7NY82"/>
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        <balance>285000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>305616.7100000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.100000000000000</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>Novartis Capital Corp</name>
        <lei>5493002KF87V5RSRQS84</lei>
        <title>Novartis Capital Corp 2.20 08/14/2030</title>
        <cusip>66989HAR9</cusip>
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          <isin value="US66989HAR93"/>
          <ticker value="NOVNVX"/>
          <other otherDesc="SEDOL" value="BKTHBV9"/>
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        <balance>125000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>127582.9000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.200000000000000</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>Chevron Corp</name>
        <lei>N/A</lei>
        <title>Chevron Corp 1.55 05/11/2025</title>
        <cusip>166764BW9</cusip>
        <identifiers>
          <isin value="US166764BW97"/>
          <ticker value="CVX"/>
          <other otherDesc="SEDOL" value="BLB4160"/>
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        <balance>120000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>120916.3800000000</valUSD>
        <pctVal>0.1372102176</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-05-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.554000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chubb INA Holdings Inc</name>
        <lei>CZCBJZWDMLTHWJDXU843</lei>
        <title>Chubb INA Holdings Inc 1.38 09/15/2030</title>
        <cusip>171239AG1</cusip>
        <identifiers>
          <isin value="US171239AG12"/>
          <ticker value="CB"/>
          <other otherDesc="SEDOL" value="BMZ1C61"/>
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        <balance>210000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>196606.3200000000</valUSD>
        <pctVal>0.2230995995</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.375000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tennessee Valley Authority</name>
        <lei>549300HE1ISW43LNKM54</lei>
        <title>Tennessee Valley Authority 7.13 05/01/2030</title>
        <cusip>880591DM1</cusip>
        <identifiers>
          <isin value="US880591DM19"/>
          <ticker value="TVA"/>
          <other otherDesc="SEDOL" value="B4PVQM9"/>
        </identifiers>
        <balance>20000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>28868.3400000000</valUSD>
        <pctVal>0.0327584337</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.125000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tennessee Valley Authority</name>
        <lei>549300HE1ISW43LNKM54</lei>
        <title>Tennessee Valley Authority 2.88 02/01/2027</title>
        <cusip>880591EU2</cusip>
        <identifiers>
          <isin value="US880591EU26"/>
          <ticker value="TVA"/>
          <other otherDesc="SEDOL" value="BYP5740"/>
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        <balance>60000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>64604.3500000000</valUSD>
        <pctVal>0.0733099761</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.875000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tennessee Valley Authority</name>
        <lei>549300HE1ISW43LNKM54</lei>
        <title>Tennessee Valley Authority 0.75 05/15/2025</title>
        <cusip>880591EW8</cusip>
        <identifiers>
          <isin value="US880591EW81"/>
          <ticker value="TVA"/>
          <other otherDesc="SEDOL" value="BMV76V6"/>
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        <balance>50000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>49610.2500000000</valUSD>
        <pctVal>0.0562953770</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.750000000000000</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>Textron Inc</name>
        <lei>3PPKBHUG1HD6BO7RNR87</lei>
        <title>Textron Inc 4.00 03/15/2026</title>
        <cusip>883203BW0</cusip>
        <identifiers>
          <isin value="US883203BW05"/>
          <ticker value="TXT"/>
          <other otherDesc="SEDOL" value="BYXVC23"/>
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        <balance>50000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>54381.6200000000</valUSD>
        <pctVal>0.0617097031</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Citizens Financial Group Inc</name>
        <lei>2138004JDDA4ZQUPFW65</lei>
        <title>Citizens Financial Group Inc 2.50 02/06/2030</title>
        <cusip>174610AS4</cusip>
        <identifiers>
          <isin value="US174610AS45"/>
          <ticker value="CFG"/>
          <other otherDesc="SEDOL" value="BL5K3Z7"/>
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        <balance>200000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>203544.8300000000</valUSD>
        <pctVal>0.2309730941</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.500000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Coca-Cola Co/The</name>
        <lei>UWJKFUJFZ02DKWI3RY53</lei>
        <title>Coca-Cola Co/The 3.45 03/25/2030</title>
        <cusip>191216CT5</cusip>
        <identifiers>
          <isin value="US191216CT51"/>
          <ticker value="KO"/>
          <other otherDesc="SEDOL" value="BL63CG9"/>
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        <balance>10000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>11153.1900000000</valUSD>
        <pctVal>0.0126561151</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-03-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.450000000000000</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>European Investment Bank</name>
        <lei>5493006YXS1U5GIHE750</lei>
        <title>European Investment Bank 3.13 12/14/2023</title>
        <cusip>298785HT6</cusip>
        <identifiers>
          <isin value="US298785HT68"/>
          <ticker value="EIB"/>
          <other otherDesc="SEDOL" value="BFLYFB1"/>
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        <balance>100000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>105130.1700000000</valUSD>
        <pctVal>0.1192967694</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-12-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.125000000000000</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>European Investment Bank</name>
        <lei>5493006YXS1U5GIHE750</lei>
        <title>European Investment Bank 0.63 07/25/2025</title>
        <cusip>298785JD9</cusip>
        <identifiers>
          <isin value="US298785JD98"/>
          <ticker value="EIB"/>
          <other otherDesc="SEDOL" value="BMG1PF0"/>
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        <balance>170000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>167568.5000000000</valUSD>
        <pctVal>0.1901488479</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-07-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.625000000000000</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>BPCE SA</name>
        <lei>9695005MSX1OYEMGDF46</lei>
        <title>BPCE SA 0.00 12/03/2021</title>
        <cusip>05571BZ30</cusip>
        <identifiers>
          <ticker value="BPCEGP"/>
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        <balance>750000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>749996.2500000000</valUSD>
        <pctVal>0.8510604492</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-12-03</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Banco Santander SA</name>
        <lei>5493006QMFDDMYWIAM13</lei>
        <title>Banco Santander SA 0.00 12/06/2021</title>
        <cusip>05970RZ65</cusip>
        <identifiers>
          <ticker value="SANTSA"/>
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        <balance>400000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>399995.6700000000</valUSD>
        <pctVal>0.4538962623</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-12-06</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000000</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>Coca-Cola Co/The</name>
        <lei>UWJKFUJFZ02DKWI3RY53</lei>
        <title>Coca-Cola Co/The 1.38 03/15/2031</title>
        <cusip>191216DE7</cusip>
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          <isin value="US191216DE73"/>
          <ticker value="KO"/>
          <other otherDesc="SEDOL" value="BL576P9"/>
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        <balance>110000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>103633.3700000000</valUSD>
        <pctVal>0.1175982712</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.375000000000000</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>Comcast Corp</name>
        <lei>51M0QTTNCGUN7KFCFZ59</lei>
        <title>Comcast Corp 4.25 10/15/2030</title>
        <cusip>20030NCU3</cusip>
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          <isin value="US20030NCU37"/>
          <ticker value="CMCSA"/>
          <other otherDesc="SEDOL" value="BGGFKB1"/>
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        <balance>150000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>173063.6300000000</valUSD>
        <pctVal>0.1963844628</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.250000000000000</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>Textron Inc</name>
        <lei>3PPKBHUG1HD6BO7RNR87</lei>
        <title>Textron Inc 2.45 03/15/2031</title>
        <cusip>883203CC3</cusip>
        <identifiers>
          <isin value="US883203CC32"/>
          <ticker value="TXT"/>
          <other otherDesc="SEDOL" value="BMF11B9"/>
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        <balance>270000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>267676.6000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.450000000000000</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>3M Co</name>
        <lei>LUZQVYP4VS22CLWDAR65</lei>
        <title>3M Co 5.70 03/15/2037</title>
        <cusip>88579EAC9</cusip>
        <identifiers>
          <isin value="US88579EAC93"/>
          <ticker value="MMM"/>
          <other otherDesc="SEDOL" value="B1VSN66"/>
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        <balance>130000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>183535.5300000000</valUSD>
        <pctVal>0.2082674822</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.700000000000000</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>Franklin Resources Inc</name>
        <lei>RIFQSET379FOGTEFKS80</lei>
        <title>Franklin Resources Inc 1.60 10/30/2030</title>
        <cusip>354613AL5</cusip>
        <identifiers>
          <isin value="US354613AL54"/>
          <ticker value="BEN"/>
          <other otherDesc="SEDOL" value="BN2D096"/>
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        <balance>344000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>327640.9200000000</valUSD>
        <pctVal>0.3717914970</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.600000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Comcast Corp</name>
        <lei>51M0QTTNCGUN7KFCFZ59</lei>
        <title>Comcast Corp 2.65 02/01/2030</title>
        <cusip>20030NDA6</cusip>
        <identifiers>
          <isin value="US20030NDA63"/>
          <ticker value="CMCSA"/>
          <other otherDesc="SEDOL" value="BKV4BZ2"/>
        </identifiers>
        <balance>125000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>129439.1700000000</valUSD>
        <pctVal>0.1468814786</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.650000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ginnie Mae</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>G2SF 2 1/22 MBS 30yr</title>
        <cusip>21H020618</cusip>
        <identifiers>
          <isin value="US21H0206183"/>
          <ticker value="G2SF"/>
        </identifiers>
        <balance>300000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>303386.7200000000</valUSD>
        <pctVal>0.3442689723</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-05-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Landesbank Baden-Wuerttemberg</name>
        <lei>B81CK4ESI35472RHJ606</lei>
        <title>Landesbank Baden-Wuerttemberg/New York NY 0.00 12/02/2021</title>
        <cusip>5148X0Z24</cusip>
        <identifiers>
          <ticker value="LBWNGY"/>
        </identifiers>
        <balance>750000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>749996.3300000000</valUSD>
        <pctVal>0.8510605400</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-12-02</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mizuho Bank Ltd/New York NY</name>
        <lei>RB0PEZSDGCO3JS6CEU02</lei>
        <title>Mizuho Bank Ltd/New York NY 0.00 02/01/2022</title>
        <cusip>60689GB13</cusip>
        <identifiers>
          <ticker value="MIZUNY"/>
        </identifiers>
        <balance>1200000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1199720.7000000000</valUSD>
        <pctVal>1.3613865908</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-02-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Toronto-Dominion Bank/The</name>
        <lei>PT3QB789TSUIDF371261</lei>
        <title>Toronto-Dominion Bank/The 0.75 01/06/2026</title>
        <cusip>89114QCP1</cusip>
        <identifiers>
          <isin value="US89114QCP19"/>
          <ticker value="TD"/>
          <other otherDesc="SEDOL" value="BND74F1"/>
        </identifiers>
        <balance>150000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>145896.9100000000</valUSD>
        <pctVal>0.1655569475</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-01-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.750000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TotalEnergies Capital International SA</name>
        <lei>549300U37G2I8G4RUG09</lei>
        <title>TotalEnergies Capital International SA 2.43 01/10/2025</title>
        <cusip>89153VAS8</cusip>
        <identifiers>
          <isin value="US89153VAS88"/>
          <ticker value="TTEFP"/>
          <other otherDesc="SEDOL" value="BK4NRS1"/>
        </identifiers>
        <balance>147000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>152350.9700000000</valUSD>
        <pctVal>0.1728807110</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-01-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.434000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NVIDIA Corp</name>
        <lei>549300S4KLFTLO7GSQ80</lei>
        <title>NVIDIA Corp 2.85 04/01/2030</title>
        <cusip>67066GAF1</cusip>
        <identifiers>
          <isin value="US67066GAF19"/>
          <ticker value="NVDA"/>
          <other otherDesc="SEDOL" value="BKMQMN2"/>
        </identifiers>
        <balance>474000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>503800.8300000000</valUSD>
        <pctVal>0.5716894727</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.850000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nutrien Ltd</name>
        <lei>5493002QQ7GD21OWF963</lei>
        <title>Nutrien Ltd 2.95 05/13/2030</title>
        <cusip>67077MAW8</cusip>
        <identifiers>
          <isin value="US67077MAW82"/>
          <ticker value="NTRCN"/>
          <other otherDesc="SEDOL" value="BMDWZK1"/>
        </identifiers>
        <balance>150000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>157696.6900000000</valUSD>
        <pctVal>0.1789467825</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.950000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>General Dynamics Corp</name>
        <lei>9C1X8XOOTYY2FNYTVH06</lei>
        <title>General Dynamics Corp 3.63 04/01/2030</title>
        <cusip>369550BM9</cusip>
        <identifiers>
          <isin value="US369550BM97"/>
          <ticker value="GD"/>
          <other otherDesc="SEDOL" value="BMFFM41"/>
        </identifiers>
        <balance>307000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>343443.3000000000</valUSD>
        <pctVal>0.3897232942</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.625000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>General Mills Inc</name>
        <lei>2TGYMUGI08PO8X8L6150</lei>
        <title>General Mills Inc 3.20 02/10/2027</title>
        <cusip>370334BZ6</cusip>
        <identifiers>
          <isin value="US370334BZ69"/>
          <ticker value="GIS"/>
          <other otherDesc="SEDOL" value="BYQ8GZ2"/>
        </identifiers>
        <balance>75000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>80228.9400000000</valUSD>
        <pctVal>0.0910400255</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-02-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.200000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Toyota Motor Credit Corp</name>
        <lei>Z2VZBHUMB7PWWJ63I008</lei>
        <title>Toyota Motor Credit Corp 2.15 02/13/2030</title>
        <cusip>89236TGU3</cusip>
        <identifiers>
          <isin value="US89236TGU34"/>
          <ticker value="TOYOTA"/>
          <other otherDesc="SEDOL" value="BLM1Q43"/>
        </identifiers>
        <balance>100000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>101045.3400000000</valUSD>
        <pctVal>0.1146614966</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.150000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Toyota Motor Credit Corp</name>
        <lei>Z2VZBHUMB7PWWJ63I008</lei>
        <title>Toyota Motor Credit Corp 3.38 04/01/2030</title>
        <cusip>89236TGY5</cusip>
        <identifiers>
          <isin value="US89236TGY55"/>
          <ticker value="TOYOTA"/>
          <other otherDesc="SEDOL" value="BL66P03"/>
        </identifiers>
        <balance>150000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>165414.9700000000</valUSD>
        <pctVal>0.1877051234</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.375000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fannie Mae or Freddie Mac</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNCL 3 1/22 MBS 30yr</title>
        <cusip>01F030611</cusip>
        <identifiers>
          <isin value="US01F0306112"/>
          <ticker value="FNCL"/>
          <other otherDesc="SEDOL" value="BL3HYR9"/>
        </identifiers>
        <balance>2100000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2178534.7100000000</valUSD>
        <pctVal>2.4720986658</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-05-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fannie Mae or Freddie Mac</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNCL 3 2/22 MBS 30yr</title>
        <cusip>01F030629</cusip>
        <identifiers>
          <isin value="US01F0306294"/>
          <ticker value="FNCL"/>
          <other otherDesc="SEDOL" value="BMF76H8"/>
        </identifiers>
        <balance>1700000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1760809.6500000000</valUSD>
        <pctVal>1.9980839261</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-05-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>O'Reilly Automotive Inc</name>
        <lei>549300K2RLMQL149Q332</lei>
        <title>O'Reilly Automotive Inc 4.35 06/01/2028</title>
        <cusip>67103HAG2</cusip>
        <identifiers>
          <isin value="US67103HAG20"/>
          <ticker value="ORLY"/>
          <other otherDesc="SEDOL" value="BD9G894"/>
        </identifiers>
        <balance>95000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>108522.4700000000</valUSD>
        <pctVal>0.1231461918</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.350000000000001</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Oesterreichische Kontrollbank AG</name>
        <lei>5299000OVRLMF858L016</lei>
        <title>Oesterreichische Kontrollbank AG 2.88 03/13/2023</title>
        <cusip>676167BV0</cusip>
        <identifiers>
          <isin value="US676167BV08"/>
          <ticker value="OKB"/>
          <other otherDesc="SEDOL" value="BYZQLG3"/>
        </identifiers>
        <balance>75000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>77316.2900000000</valUSD>
        <pctVal>0.0877348873</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-03-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.875000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>General Mills Inc</name>
        <lei>2TGYMUGI08PO8X8L6150</lei>
        <title>General Mills Inc 4.20 04/17/2028</title>
        <cusip>370334CG7</cusip>
        <identifiers>
          <isin value="US370334CG79"/>
          <ticker value="GIS"/>
          <other otherDesc="SEDOL" value="BGB6G88"/>
        </identifiers>
        <balance>25000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>28179.4600000000</valUSD>
        <pctVal>0.0319767251</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.200000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>General Motors Co</name>
        <lei>54930070NSV60J38I987</lei>
        <title>General Motors Co 4.20 10/01/2027</title>
        <cusip>37045VAN0</cusip>
        <identifiers>
          <isin value="US37045VAN01"/>
          <ticker value="GM"/>
          <other otherDesc="SEDOL" value="BF6NPZ7"/>
        </identifiers>
        <balance>150000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>163792.8300000000</valUSD>
        <pctVal>0.1858643953</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.200000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sumitomo Mitsui Trust Bank Ltd/Singapore</name>
        <lei>5493006GGLR4BTEL8O61</lei>
        <title>Sumitomo Mitsui Trust Bank Ltd/Singapore 0.00 01/19/2022</title>
        <cusip>86564XAK0</cusip>
        <identifiers>
          <ticker value="SUMTSG"/>
        </identifiers>
        <balance>1100000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1099809.0300000000</valUSD>
        <pctVal>1.2480115296</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-01-19</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>U.S. TREASURY</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Bill 0.00 12/30/2021</title>
        <cusip>912796A90</cusip>
        <identifiers>
          <isin value="US912796A908"/>
          <ticker value="B"/>
          <other otherDesc="SEDOL" value="BNNXCH7"/>
        </identifiers>
        <balance>1600000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1599887.2200000000</valUSD>
        <pctVal>1.8154767256</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-12-30</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fannie Mae or Freddie Mac</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNCL 3 12/21 MBS 30yr</title>
        <cusip>01F0306C7</cusip>
        <identifiers>
          <isin value="US01F0306C76"/>
          <ticker value="FNCL"/>
          <other otherDesc="SEDOL" value="B91KL97"/>
        </identifiers>
        <balance>400000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>415375.0000000000</valUSD>
        <pctVal>0.4713480022</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-05-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Alphabet Inc</name>
        <lei>5493006MHB84DD0ZWV18</lei>
        <title>Alphabet Inc 1.10 08/15/2030</title>
        <cusip>02079KAD9</cusip>
        <identifiers>
          <isin value="US02079KAD90"/>
          <ticker value="GOOGL"/>
          <other otherDesc="SEDOL" value="BMD7L20"/>
        </identifiers>
        <balance>100000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>94062.0900000000</valUSD>
        <pctVal>0.1067372331</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.100000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>U.S. TREASURY</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Bill 0.00 02/24/2022</title>
        <cusip>912796D30</cusip>
        <identifiers>
          <isin value="US912796D308"/>
          <ticker value="B"/>
          <other otherDesc="SEDOL" value="BLKH0V8"/>
        </identifiers>
        <balance>300000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>299969.7200000000</valUSD>
        <pctVal>0.3403915215</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-02-24</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>U.S. TREASURY</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Bill 0.00 12/07/2021</title>
        <cusip>912796P52</cusip>
        <identifiers>
          <isin value="US912796P526"/>
          <ticker value="B"/>
          <other otherDesc="SEDOL" value="BMW5XX0"/>
        </identifiers>
        <balance>1000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>999997.7100000000</valUSD>
        <pctVal>1.1347503408</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-12-07</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ginnie Mae</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>G2SF 2 12/21 MBS 30yr</title>
        <cusip>21H0206C4</cusip>
        <identifiers>
          <isin value="US21H0206C48"/>
          <ticker value="G2SF"/>
        </identifiers>
        <balance>700000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>709132.8200000000</valUSD>
        <pctVal>0.8046905519</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-05-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ginnie Mae</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>G2SF 3 1/22 MBS 30yr</title>
        <cusip>21H030617</cusip>
        <identifiers>
          <isin value="US21H0306173"/>
          <ticker value="G2SF"/>
        </identifiers>
        <balance>1900000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1966871.1100000000</valUSD>
        <pctVal>2.2319127735</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-07-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ginnie Mae</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>G2SF 3 12/21 MBS 30yr</title>
        <cusip>21H0306C3</cusip>
        <identifiers>
          <isin value="US21H0306C39"/>
          <ticker value="G2SF"/>
        </identifiers>
        <balance>600000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>622125.0100000000</valUSD>
        <pctVal>0.7059581838</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-07-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Corporate Office Properties LP</name>
        <lei>H0TWO5VRNEP6CQAWPX27</lei>
        <title>Corporate Office Properties LP 2.25 03/15/2026</title>
        <cusip>22003BAL0</cusip>
        <identifiers>
          <isin value="US22003BAL09"/>
          <ticker value="OFC"/>
          <other otherDesc="SEDOL" value="BM98CV3"/>
        </identifiers>
        <balance>319000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>323027.7900000000</valUSD>
        <pctVal>0.3665567342</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.250000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Toyota Motor Credit Corp</name>
        <lei>Z2VZBHUMB7PWWJ63I008</lei>
        <title>Toyota Motor Credit Corp 1.65 01/10/2031</title>
        <cusip>89236THX6</cusip>
        <identifiers>
          <isin value="US89236THX63"/>
          <ticker value="TOYOTA"/>
          <other otherDesc="SEDOL" value="BMBKDG9"/>
        </identifiers>
        <balance>163000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>158265.1500000000</valUSD>
        <pctVal>0.1795918442</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.650000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TransCanada PipeLines Ltd</name>
        <lei>5BV01I6231JPDAPMGH09</lei>
        <title>TransCanada PipeLines Ltd 4.25 05/15/2028</title>
        <cusip>89352HAW9</cusip>
        <identifiers>
          <isin value="US89352HAW97"/>
          <ticker value="TRPCN"/>
          <other otherDesc="SEDOL" value="BD366X0"/>
        </identifiers>
        <balance>90000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>100670.6300000000</valUSD>
        <pctVal>0.1142362933</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.250000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Expedia Group Inc</name>
        <lei>N/A</lei>
        <title>Expedia Group Inc 3.25 02/15/2030</title>
        <cusip>30212PAR6</cusip>
        <identifiers>
          <isin value="US30212PAR64"/>
          <ticker value="EXPE"/>
          <other otherDesc="SEDOL" value="BLTZ2F1"/>
        </identifiers>
        <balance>150000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>154767.0700000000</valUSD>
        <pctVal>0.1756223876</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.250000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Export Development Canada</name>
        <lei>Z6MHCSLXHKYG4B6PHW02</lei>
        <title>Export Development Canada 2.63 02/21/2024</title>
        <cusip>30216BHH8</cusip>
        <identifiers>
          <isin value="US30216BHH87"/>
          <ticker value="EDC"/>
          <other otherDesc="SEDOL" value="BHZQ1F3"/>
        </identifiers>
        <balance>100000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>104064.4200000000</valUSD>
        <pctVal>0.1180874065</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-02-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.625000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Alphabet Inc</name>
        <lei>5493006MHB84DD0ZWV18</lei>
        <title>Alphabet Inc 0.80 08/15/2027</title>
        <cusip>02079KAJ6</cusip>
        <identifiers>
          <isin value="US02079KAJ60"/>
          <ticker value="GOOGL"/>
          <other otherDesc="SEDOL" value="BMD7YT8"/>
        </identifiers>
        <balance>80000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>76868.5800000000</valUSD>
        <pctVal>0.0872268471</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.800000000000000</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>Amazon.com Inc</name>
        <lei>ZXTILKJKG63JELOEG630</lei>
        <title>Amazon.com Inc 5.20 12/03/2025</title>
        <cusip>023135BN5</cusip>
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          <isin value="US023135BN51"/>
          <ticker value="AMZN"/>
          <other otherDesc="SEDOL" value="BDG76K7"/>
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        <curCd>USD</curCd>
        <valUSD>228892.3400000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-12-03</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.200000000000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Exxon Mobil Corp</name>
        <lei>J3WHBG0MTS7O8ZVMDC91</lei>
        <title>Exxon Mobil Corp 3.04 03/01/2026</title>
        <cusip>30231GAT9</cusip>
        <identifiers>
          <isin value="US30231GAT94"/>
          <ticker value="XOM"/>
          <other otherDesc="SEDOL" value="BYYD0F7"/>
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        <balance>225000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>238831.4900000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.043000000000000</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>Exxon Mobil Corp</name>
        <lei>J3WHBG0MTS7O8ZVMDC91</lei>
        <title>Exxon Mobil Corp 2.44 08/16/2029</title>
        <cusip>30231GBE1</cusip>
        <identifiers>
          <isin value="US30231GBE17"/>
          <ticker value="XOM"/>
          <other otherDesc="SEDOL" value="BJP2G49"/>
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        <balance>140000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>143608.3500000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.440000000000000</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>Oracle Corp</name>
        <lei>1Z4GXXU7ZHVWFCD8TV52</lei>
        <title>Oracle Corp 3.25 05/15/2030</title>
        <cusip>68389XBD6</cusip>
        <identifiers>
          <isin value="US68389XBD66"/>
          <ticker value="ORCL"/>
          <other otherDesc="SEDOL" value="BWTM345"/>
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        <balance>320000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>339042.5100000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.250000000000000</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>Oshkosh Corp</name>
        <lei>549300FEKNPCFSA2B506</lei>
        <title>Oshkosh Corp 4.60 05/15/2028</title>
        <cusip>688239AF9</cusip>
        <identifiers>
          <isin value="US688239AF99"/>
          <ticker value="OSK"/>
          <other otherDesc="SEDOL" value="BF50RF3"/>
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        <balance>206000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>235236.3100000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.600000000000001</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Council Of Europe Development Bank</name>
        <lei>549300UYNXMI821WYG82</lei>
        <title>Council Of Europe Development Bank 2.50 02/27/2024</title>
        <cusip>222213AS9</cusip>
        <identifiers>
          <isin value="US222213AS92"/>
          <ticker value="COE"/>
          <other otherDesc="SEDOL" value="BJ1GYQ3"/>
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        <balance>20000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>20810.1400000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-02-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.500000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Council Of Europe Development Bank</name>
        <lei>549300UYNXMI821WYG82</lei>
        <title>Council Of Europe Development Bank 0.25 10/20/2023</title>
        <cusip>222213AW0</cusip>
        <identifiers>
          <isin value="US222213AW05"/>
          <ticker value="COE"/>
          <other otherDesc="SEDOL" value="BNG3S10"/>
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        <balance>25000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>24848.0300000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-10-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.250000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PNC Financial Services Group Inc/The</name>
        <lei>CFGNEKW0P8842LEUIA51</lei>
        <title>PNC Financial Services Group Inc/The 3.15 05/19/2027</title>
        <cusip>693475AT2</cusip>
        <identifiers>
          <isin value="US693475AT21"/>
          <ticker value="PNC"/>
          <other otherDesc="SEDOL" value="BZ0W3C3"/>
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        <balance>275000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>296742.2800000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.150000000000000</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>PPG Industries Inc</name>
        <lei>549300BKPEP01R3V6C59</lei>
        <title>PPG Industries Inc 1.20 03/15/2026</title>
        <cusip>693506BU0</cusip>
        <identifiers>
          <isin value="US693506BU04"/>
          <ticker value="PPG"/>
          <other otherDesc="SEDOL" value="BMV3M83"/>
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        <balance>200000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>196086.5800000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.200000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>U.S. TREASURY</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Bill 0.00 12/21/2021</title>
        <cusip>912796P78</cusip>
        <identifiers>
          <isin value="US912796P781"/>
          <ticker value="B"/>
          <other otherDesc="SEDOL" value="BMFK2Z7"/>
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        <balance>1500000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1499945.6300000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-12-21</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000000</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>Visa Inc</name>
        <lei>549300JZ4OKEHW3DPJ59</lei>
        <title>Visa Inc 2.75 09/15/2027</title>
        <cusip>92826CAH5</cusip>
        <identifiers>
          <isin value="US92826CAH51"/>
          <ticker value="V"/>
          <other otherDesc="SEDOL" value="BD5WJ15"/>
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        <balance>90000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>95520.3400000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.750000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>General Motors Financial Co Inc</name>
        <lei>5493008B6JBRUJ90QL97</lei>
        <title>General Motors Financial Co Inc 5.10 01/17/2024</title>
        <cusip>37045XCR5</cusip>
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          <isin value="US37045XCR52"/>
          <ticker value="GM"/>
          <other otherDesc="SEDOL" value="BJ2L586"/>
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        <balance>44000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>47364.8700000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-01-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.100000000000001</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HCA Inc</name>
        <lei>L3CJ6J7LJ2DX62FTXD46</lei>
        <title>HCA Inc 4.50 02/15/2027</title>
        <cusip>404119BU2</cusip>
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          <isin value="US404119BU21"/>
          <ticker value="HCA"/>
          <other otherDesc="SEDOL" value="BYXYJS7"/>
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        <balance>25000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>27524.7400000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.500000000000000</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>VMware Inc</name>
        <lei>549300BUDHS3LRWBE814</lei>
        <title>VMware Inc 4.70 05/15/2030</title>
        <cusip>928563AF2</cusip>
        <identifiers>
          <isin value="US928563AF20"/>
          <ticker value="VMW"/>
          <other otherDesc="SEDOL" value="BKQNBM1"/>
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        <balance>250000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>290508.2300000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-05-15</maturityDt>
          <couponKind>Floating</couponKind>
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          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>WestRock Co</name>
        <lei>549300JEB576INN13W07</lei>
        <title>WRKCo Inc 4.90 03/15/2029</title>
        <cusip>92940PAD6</cusip>
        <identifiers>
          <isin value="US92940PAD69"/>
          <ticker value="WRK"/>
          <other otherDesc="SEDOL" value="BJHN0K4"/>
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        <balance>100000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>116830.2900000000</valUSD>
        <pctVal>0.1325735150</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.900000000000000</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>Trimble Inc</name>
        <lei>549300E2MI7NSZFQWS19</lei>
        <title>Trimble Inc 4.90 06/15/2028</title>
        <cusip>896239AC4</cusip>
        <identifiers>
          <isin value="US896239AC42"/>
          <ticker value="TRMB"/>
          <other otherDesc="SEDOL" value="BF4L962"/>
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        <balance>203000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>232955.6300000000</valUSD>
        <pctVal>0.2643470859</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.900000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tyco Electronics Group SA</name>
        <lei>C33G1C5SYE2YM95EE712</lei>
        <title>Tyco Electronics Group SA 3.13 08/15/2027</title>
        <cusip>902133AU1</cusip>
        <identifiers>
          <isin value="US902133AU19"/>
          <ticker value="TEL"/>
          <other otherDesc="SEDOL" value="BF08MT1"/>
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        <balance>100000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>107864.5100000000</valUSD>
        <pctVal>0.1223995698</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.125000000000000</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>PPL Electric Utilities Corp</name>
        <lei>549300GCZLSGYEYPIR35</lei>
        <title>PPL Electric Utilities Corp 6.25 05/15/2039</title>
        <cusip>69351UAM5</cusip>
        <identifiers>
          <isin value="US69351UAM53"/>
          <ticker value="PPL"/>
          <other otherDesc="SEDOL" value="BMFDH73"/>
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        <balance>250000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>362546.1100000000</valUSD>
        <pctVal>0.4114002640</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.250000000000000</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>PacifiCorp</name>
        <lei>SGY07Y7FNYBNLM6Z1M11</lei>
        <title>PacifiCorp 2.70 09/15/2030</title>
        <cusip>695114CW6</cusip>
        <identifiers>
          <isin value="US695114CW67"/>
          <ticker value="BRKHEC"/>
          <other otherDesc="SEDOL" value="BL96VC4"/>
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        <balance>90000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>93472.3600000000</valUSD>
        <pctVal>0.1060680353</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.700000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Credit Suisse USA Inc</name>
        <lei>EXD7DEVFDH4HOFFQ7349</lei>
        <title>Credit Suisse USA Inc 7.13 07/15/2032</title>
        <cusip>22541LAE3</cusip>
        <identifiers>
          <isin value="US22541LAE39"/>
          <ticker value="CS"/>
          <other otherDesc="SEDOL" value="2970208"/>
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        <balance>50000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>71489.8900000000</valUSD>
        <pctVal>0.0811233628</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.125000000000000</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>DTE Electric Co</name>
        <lei>9N0FWODEJVKHC2DYLO03</lei>
        <title>DTE Electric Co 2.25 03/01/2030</title>
        <cusip>23338VAK2</cusip>
        <identifiers>
          <isin value="US23338VAK26"/>
          <ticker value="DTE"/>
          <other otherDesc="SEDOL" value="BLP53Y1"/>
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        <balance>50000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>50600.2600000000</valUSD>
        <pctVal>0.0574187938</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.250000000000000</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>Walmart Inc</name>
        <lei>Y87794H0US1R65VBXU25</lei>
        <title>Walmart Inc 3.55 06/26/2025</title>
        <cusip>931142ED1</cusip>
        <identifiers>
          <isin value="US931142ED14"/>
          <ticker value="WMT"/>
          <other otherDesc="SEDOL" value="BGLQSQ0"/>
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        <balance>350000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>380471.8500000000</valUSD>
        <pctVal>0.4317415502</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-06-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.550000000000000</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>Walgreens Boots Alliance Inc</name>
        <lei>549300RPTUOIXG4LIH86</lei>
        <title>Walgreens Boots Alliance Inc 3.45 06/01/2026</title>
        <cusip>931427AQ1</cusip>
        <identifiers>
          <isin value="US931427AQ19"/>
          <ticker value="WBA"/>
          <other otherDesc="SEDOL" value="BYVG9S5"/>
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        <balance>58000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>61671.0700000000</valUSD>
        <pctVal>0.0699814280</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.450000000000000</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>HCA Inc</name>
        <lei>L3CJ6J7LJ2DX62FTXD46</lei>
        <title>HCA Inc 4.13 06/15/2029</title>
        <cusip>404119BX6</cusip>
        <identifiers>
          <isin value="US404119BX69"/>
          <ticker value="HCA"/>
          <other otherDesc="SEDOL" value="BKKDGV1"/>
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        <balance>410000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>451112.0500000000</valUSD>
        <pctVal>0.5119007247</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.125000000000000</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>HP Inc</name>
        <lei>WHKXQACZ14C5XRO8LW03</lei>
        <title>HP Inc 3.40 06/17/2030</title>
        <cusip>40434LAC9</cusip>
        <identifiers>
          <isin value="US40434LAC90"/>
          <ticker value="HPQ"/>
          <other otherDesc="SEDOL" value="BJK0GF9"/>
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        <balance>360000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>378671.5700000000</valUSD>
        <pctVal>0.4296986771</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.400000000000000</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>Parker-Hannifin Corp</name>
        <lei>5493002CONDB4N2HKI23</lei>
        <title>Parker-Hannifin Corp 4.20 11/21/2034</title>
        <cusip>70109HAM7</cusip>
        <identifiers>
          <isin value="US70109HAM79"/>
          <ticker value="PH"/>
          <other otherDesc="SEDOL" value="BSPPVL3"/>
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        <balance>375000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>432763.0200000000</valUSD>
        <pctVal>0.4910791090</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-11-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.200000000000000</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>PepsiCo Inc</name>
        <lei>FJSUNZKFNQ5YPJ5OT455</lei>
        <title>PepsiCo Inc 3.00 10/15/2027</title>
        <cusip>713448DY1</cusip>
        <identifiers>
          <isin value="US713448DY13"/>
          <ticker value="PEP"/>
          <other otherDesc="SEDOL" value="BD31RD2"/>
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        <balance>445000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>478873.2800000000</valUSD>
        <pctVal>0.5434028621</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.000000000000000</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>Hasbro Inc</name>
        <lei>549300NUB6D2R1ITYR45</lei>
        <title>Hasbro Inc 3.50 09/15/2027</title>
        <cusip>418056AV9</cusip>
        <identifiers>
          <isin value="US418056AV91"/>
          <ticker value="HAS"/>
          <other otherDesc="SEDOL" value="BF0P0H6"/>
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        <balance>286000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>309006.6000000000</valUSD>
        <pctVal>0.3506461476</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.500000000000000</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>Hewlett Packard Enterprise Co</name>
        <lei>549300BX44RGX6ANDV88</lei>
        <title>Hewlett Packard Enterprise Co 6.20 10/15/2035</title>
        <cusip>42824CAX7</cusip>
        <identifiers>
          <isin value="US42824CAX74"/>
          <ticker value="HPE"/>
          <other otherDesc="SEDOL" value="BD3GB68"/>
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        <balance>354000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>468275.5000000000</valUSD>
        <pctVal>0.5313770001</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>6.200000000000000</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>DTE Electric Co</name>
        <lei>9N0FWODEJVKHC2DYLO03</lei>
        <title>DTE Electric Co 2.63 03/01/2031</title>
        <cusip>23338VAM8</cusip>
        <identifiers>
          <isin value="US23338VAM81"/>
          <ticker value="DTE"/>
          <other otherDesc="SEDOL" value="BM7SRS7"/>
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        <balance>110000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>113935.8500000000</valUSD>
        <pctVal>0.1292890407</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.625000000000000</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>John Deere Capital Corp</name>
        <lei>E0KSF7PFQ210NWI8Z391</lei>
        <title>John Deere Capital Corp 3.05 01/06/2028</title>
        <cusip>24422EUB3</cusip>
        <identifiers>
          <isin value="US24422EUB37"/>
          <ticker value="DE"/>
          <other otherDesc="SEDOL" value="BF5MV57"/>
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        <balance>418000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>451316.6200000000</valUSD>
        <pctVal>0.5121328612</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.050000000000000</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>Highwoods Realty LP</name>
        <lei>JUJNVZX73BIYHLR58F51</lei>
        <title>Highwoods Realty LP 4.13 03/15/2028</title>
        <cusip>431282AQ5</cusip>
        <identifiers>
          <isin value="US431282AQ55"/>
          <ticker value="HIW"/>
          <other otherDesc="SEDOL" value="BDGGSD1"/>
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        <balance>105000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>116952.8000000000</valUSD>
        <pctVal>0.1327125336</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.125000000000000</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>Highwoods Realty LP</name>
        <lei>JUJNVZX73BIYHLR58F51</lei>
        <title>Highwoods Realty LP 2.60 02/01/2031</title>
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          <isin value="US431282AT94"/>
          <ticker value="HIW"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Amazon.com Inc</name>
        <lei>ZXTILKJKG63JELOEG630</lei>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>American Campus Communities Operating Partnership LP</name>
        <lei>RDKVCX5HITZ2GPIR7153</lei>
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          <isin value="US024836AG36"/>
          <ticker value="ACC"/>
          <other otherDesc="SEDOL" value="BMQ5381"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-01-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.875000000000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Exxon Mobil Corp</name>
        <lei>J3WHBG0MTS7O8ZVMDC91</lei>
        <title>Exxon Mobil Corp 2.61 10/15/2030</title>
        <cusip>30231GBN1</cusip>
        <identifiers>
          <isin value="US30231GBN16"/>
          <ticker value="XOM"/>
          <other otherDesc="SEDOL" value="BMDSC20"/>
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        <balance>160000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>165759.5900000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.610000000000000</annualizedRt>
          <isDefault>N</isDefault>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Federal Home Loan Banks</name>
        <lei>2549001DPIFGXC1TOL40</lei>
        <title>Federal Home Loan Banks 2.75 12/13/2024</title>
        <cusip>3130A3GE8</cusip>
        <identifiers>
          <isin value="US3130A3GE85"/>
          <ticker value="FHLB"/>
          <other otherDesc="SEDOL" value="BSKLJK1"/>
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        <balance>15000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>15845.5300000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-12-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.750000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Walgreens Boots Alliance Inc</name>
        <lei>549300RPTUOIXG4LIH86</lei>
        <title>Walgreens Boots Alliance Inc 3.20 04/15/2030</title>
        <cusip>931427AS7</cusip>
        <identifiers>
          <isin value="US931427AS74"/>
          <ticker value="WBA"/>
          <other otherDesc="SEDOL" value="BLB4M34"/>
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        <balance>75000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>79116.0600000000</valUSD>
        <pctVal>0.0897771816</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.200000000000000</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>Waste Management Inc</name>
        <lei>549300YX8JIID70NFS41</lei>
        <title>Waste Management Inc 1.15 03/15/2028</title>
        <cusip>94106LBN8</cusip>
        <identifiers>
          <isin value="US94106LBN82"/>
          <ticker value="WM"/>
          <other otherDesc="SEDOL" value="BL54V77"/>
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        <balance>50000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>47618.2200000000</valUSD>
        <pctVal>0.0540349151</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.150000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PepsiCo Inc</name>
        <lei>FJSUNZKFNQ5YPJ5OT455</lei>
        <title>PepsiCo Inc 1.63 05/01/2030</title>
        <cusip>713448EZ7</cusip>
        <identifiers>
          <isin value="US713448EZ78"/>
          <ticker value="PEP"/>
          <other otherDesc="SEDOL" value="BKSHX03"/>
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        <balance>70000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>68130.1300000000</valUSD>
        <pctVal>0.0773108653</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.625000000000000</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>PepsiCo Inc</name>
        <lei>FJSUNZKFNQ5YPJ5OT455</lei>
        <title>PepsiCo Inc 1.40 02/25/2031</title>
        <cusip>713448FA1</cusip>
        <identifiers>
          <isin value="US713448FA19"/>
          <ticker value="PEP"/>
          <other otherDesc="SEDOL" value="BN0XP37"/>
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        <balance>51000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>48842.4500000000</valUSD>
        <pctVal>0.0554241137</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.400000000000000</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>Wells Fargo &amp; Co</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
        <title>Wells Fargo &amp; Co 3.55 09/29/2025</title>
        <cusip>94974BGP9</cusip>
        <identifiers>
          <isin value="US94974BGP94"/>
          <ticker value="WFC"/>
          <other otherDesc="SEDOL" value="BZ02851"/>
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        <balance>235000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>252091.5900000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>Western Union Co/The</name>
        <lei>28ID94QU1140NC23S047</lei>
        <title>Western Union Co/The 6.20 11/17/2036</title>
        <cusip>959802AH2</cusip>
        <identifiers>
          <isin value="US959802AH24"/>
          <ticker value="WU"/>
          <other otherDesc="SEDOL" value="B1QWTS7"/>
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        <balance>324000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>406055.2000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-11-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.200000000000000</annualizedRt>
          <isDefault>N</isDefault>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>John Deere Capital Corp</name>
        <lei>E0KSF7PFQ210NWI8Z391</lei>
        <title>John Deere Capital Corp 1.45 01/15/2031</title>
        <cusip>24422EVL0</cusip>
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          <isin value="US24422EVL00"/>
          <ticker value="DE"/>
          <other otherDesc="SEDOL" value="BNRQN13"/>
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        <balance>140000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>132813.4600000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.450000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Digital Realty Trust LP</name>
        <lei>CD4SPTZ3YBTHY0C1AH38</lei>
        <title>Digital Realty Trust LP 3.60 07/01/2029</title>
        <cusip>25389JAU0</cusip>
        <identifiers>
          <isin value="US25389JAU07"/>
          <ticker value="DLR"/>
          <other otherDesc="SEDOL" value="BKF20T9"/>
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        <balance>400000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>437398.5300000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>UDR Inc</name>
        <lei>P3CH2EG5X6Z1XWU1OO74</lei>
        <title>UDR Inc 2.10 08/01/2032</title>
        <cusip>90265EAT7</cusip>
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          <ticker value="UDR"/>
          <other otherDesc="SEDOL" value="BLB0KJ4"/>
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        <balance>55000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>52604.3500000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Union Electric Co</name>
        <lei>QMPJLLDULY5C1M8PNY21</lei>
        <title>Union Electric Co 2.95 03/15/2030</title>
        <cusip>906548CR1</cusip>
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          <ticker value="AEE"/>
          <other otherDesc="SEDOL" value="BLNNX25"/>
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        <balance>112000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>118785.9400000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.950000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Phillips 66</name>
        <lei>5493005JBO5YSIGK1814</lei>
        <title>Phillips 66 3.90 03/15/2028</title>
        <cusip>718546AR5</cusip>
        <identifiers>
          <isin value="US718546AR56"/>
          <ticker value="PSX"/>
          <other otherDesc="SEDOL" value="BDVLN47"/>
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        <balance>290000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>316704.1700000000</valUSD>
        <pctVal>0.3593809878</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.900000000000000</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>Pioneer Natural Resources Co</name>
        <lei>FY8JBF7CCL2VE4F1B628</lei>
        <title>Pioneer Natural Resources Co 1.90 08/15/2030</title>
        <cusip>723787AQ0</cusip>
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          <isin value="US723787AQ06"/>
          <ticker value="PXD"/>
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        <balance>275000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>260722.8800000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>United Parcel Service Inc</name>
        <lei>D01LMJZU09ULLNCY6Z23</lei>
        <title>United Parcel Service Inc 3.90 04/01/2025</title>
        <cusip>911312BX3</cusip>
        <identifiers>
          <isin value="US911312BX35"/>
          <ticker value="UPS"/>
          <other otherDesc="SEDOL" value="BMGJVH8"/>
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        <balance>325000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>351942.0800000000</valUSD>
        <pctVal>0.3993673098</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.900000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>US Bancorp</name>
        <lei>N1GZ7BBF3NP8GI976H15</lei>
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        <cusip>91159HHU7</cusip>
        <identifiers>
          <isin value="US91159HHU77"/>
          <ticker value="USB"/>
          <other otherDesc="SEDOL" value="BF5M0N8"/>
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        <balance>260000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>286498.9100000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-11-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.950000000000000</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>Home Depot Inc/The</name>
        <lei>QEKMOTMBBKA8I816DO57</lei>
        <title>Home Depot Inc/The 2.80 09/14/2027</title>
        <cusip>437076BT8</cusip>
        <identifiers>
          <isin value="US437076BT82"/>
          <ticker value="HD"/>
          <other otherDesc="SEDOL" value="BDH44D6"/>
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        <balance>160000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>169661.2800000000</valUSD>
        <pctVal>0.1925236362</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.800000000000000</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>Home Depot Inc/The</name>
        <lei>QEKMOTMBBKA8I816DO57</lei>
        <title>Home Depot Inc/The 2.95 06/15/2029</title>
        <cusip>437076BY7</cusip>
        <identifiers>
          <isin value="US437076BY77"/>
          <ticker value="HD"/>
          <other otherDesc="SEDOL" value="BJJR1L2"/>
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        <balance>325000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>346767.3700000000</valUSD>
        <pctVal>0.3934952924</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.950000000000000</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>Walt Disney Co/The</name>
        <lei>549300GZKULIZ0WOW665</lei>
        <title>Walt Disney Co/The 2.00 09/01/2029</title>
        <cusip>254687FL5</cusip>
        <identifiers>
          <isin value="US254687FL52"/>
          <ticker value="DIS"/>
          <other otherDesc="SEDOL" value="BJJJT81"/>
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        <balance>70000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>69948.6900000000</valUSD>
        <pctVal>0.0793744816</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.000000000000000</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>Dollar Tree Inc</name>
        <lei>549300PMSTQITB1WHR43</lei>
        <title>Dollar Tree Inc 4.20 05/15/2028</title>
        <cusip>256746AH1</cusip>
        <identifiers>
          <isin value="US256746AH16"/>
          <ticker value="DLTR"/>
          <other otherDesc="SEDOL" value="BFY8ZY3"/>
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        <balance>75000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>84028.5300000000</valUSD>
        <pctVal>0.0953516214</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.200000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Westlake Chemical Corp</name>
        <lei>GOXNEVUM0LL78B1OS344</lei>
        <title>Westlake Chemical Corp 3.60 08/15/2026</title>
        <cusip>960413AT9</cusip>
        <identifiers>
          <isin value="US960413AT94"/>
          <ticker value="WLK"/>
          <other otherDesc="SEDOL" value="BDFZVC9"/>
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        <balance>120000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>129747.6800000000</valUSD>
        <pctVal>0.1472315613</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.600000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Westlake Chemical Corp</name>
        <lei>GOXNEVUM0LL78B1OS344</lei>
        <title>Westlake Chemical Corp 3.38 06/15/2030</title>
        <cusip>960413AW2</cusip>
        <identifiers>
          <isin value="US960413AW24"/>
          <ticker value="WLK"/>
          <other otherDesc="SEDOL" value="BMHTD82"/>
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        <balance>50000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>53652.1500000000</valUSD>
        <pctVal>0.0608819349</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.375000000000000</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 National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Federal National Mortgage Association 6.25 05/15/2029</title>
        <cusip>31359MEU3</cusip>
        <identifiers>
          <isin value="US31359MEU36"/>
          <ticker value="FNMA"/>
          <other otherDesc="SEDOL" value="2479471"/>
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        <balance>50000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>66748.5700000000</valUSD>
        <pctVal>0.0757431360</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.250000000000000</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 National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Federal National Mortgage Association 7.25 05/15/2030</title>
        <cusip>31359MFP3</cusip>
        <identifiers>
          <isin value="US31359MFP32"/>
          <ticker value="FNMA"/>
          <other otherDesc="SEDOL" value="7060438"/>
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        <balance>20000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>29213.6300000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.250000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>US Bancorp</name>
        <lei>N1GZ7BBF3NP8GI976H15</lei>
        <title>US Bancorp 1.38 07/22/2030</title>
        <cusip>91159HJA9</cusip>
        <identifiers>
          <isin value="US91159HJA95"/>
          <ticker value="USB"/>
          <other otherDesc="SEDOL" value="BMDCDR4"/>
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        <balance>150000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>141719.8200000000</valUSD>
        <pctVal>0.1608169823</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.375000000000000</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>U.S. TREASURY</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Note/Bond 4.75 02/15/2041</title>
        <cusip>912810QN1</cusip>
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          <isin value="US912810QN19"/>
          <ticker value="T"/>
          <other otherDesc="SEDOL" value="B3RFGR7"/>
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        <balance>248600.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>370064.4100000000</valUSD>
        <pctVal>0.4199316770</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.750000000000000</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>Home Depot Inc/The</name>
        <lei>QEKMOTMBBKA8I816DO57</lei>
        <title>Home Depot Inc/The 3.30 04/15/2040</title>
        <cusip>437076CC4</cusip>
        <identifiers>
          <isin value="US437076CC49"/>
          <ticker value="HD"/>
          <other otherDesc="SEDOL" value="BMQ5MC8"/>
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        <balance>175000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>189775.7700000000</valUSD>
        <pctVal>0.2153486128</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.300000000000000</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>Huntington Ingalls Industries Inc</name>
        <lei>5TZLZ6WJTBVJ0QWBG121</lei>
        <title>Huntington Ingalls Industries Inc 3.48 12/01/2027</title>
        <cusip>446413AL0</cusip>
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          <isin value="US446413AL01"/>
          <ticker value="HII"/>
          <other otherDesc="SEDOL" value="BGJWTK1"/>
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        <balance>150000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>159999.1600000000</valUSD>
        <pctVal>0.1815595171</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.483000000000000</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>Praxair Inc</name>
        <lei>ZU69GUVJQGZ6Z1UOOO79</lei>
        <title>Linde Inc/CT 3.20 01/30/2026</title>
        <cusip>74005PBQ6</cusip>
        <identifiers>
          <isin value="US74005PBQ63"/>
          <ticker value="LIN"/>
          <other otherDesc="SEDOL" value="BD5D0H1"/>
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        <balance>80000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>85879.9200000000</valUSD>
        <pctVal>0.0974524917</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-01-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.200000000000000</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>Precision Castparts Corp</name>
        <lei>0XOOAY5P5J7Q734SEC89</lei>
        <title>Precision Castparts Corp 3.25 06/15/2025</title>
        <cusip>740189AM7</cusip>
        <identifiers>
          <isin value="US740189AM73"/>
          <ticker value="PCP"/>
          <other otherDesc="SEDOL" value="BYZSG64"/>
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        <balance>393000.0000000000</balance>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Dominion Energy Inc</name>
        <lei>ILUL7B6Z54MRYCF6H308</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Keurig Dr Pepper Inc</name>
        <lei>DYTQ8KRTKO7Y2BVU5K74</lei>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Prologis LP</name>
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        <curCd>USD</curCd>
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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>Public Service Electric and Gas Co</name>
        <lei>549300RUHPVD434XUK18</lei>
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        <cusip>74456QBS4</cusip>
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          <isin value="US74456QBS49"/>
          <ticker value="PEG"/>
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        <balance>160000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>169973.1100000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Hyatt Hotels Corp</name>
        <lei>T27JQIMTYSH41TCD5186</lei>
        <title>Hyatt Hotels Corp 4.85 03/15/2026</title>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Ingredion Inc</name>
        <lei>PKSTQ48QDN0XSVS7YK88</lei>
        <title>Ingredion Inc 2.90 06/01/2030</title>
        <cusip>457187AC6</cusip>
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          <isin value="US457187AC60"/>
          <ticker value="INGR"/>
          <other otherDesc="SEDOL" value="BMW84B4"/>
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        <balance>175000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>183212.7600000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.900000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Intel Corp</name>
        <lei>KNX4USFCNGPY45LOCE31</lei>
        <title>Intel Corp 4.60 03/25/2040</title>
        <cusip>458140BL3</cusip>
        <identifiers>
          <isin value="US458140BL39"/>
          <ticker value="INTC"/>
          <other otherDesc="SEDOL" value="BM5D1R1"/>
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        <balance>348000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>434900.6900000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-03-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.600000000000001</annualizedRt>
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      <invstOrSec>
        <name>Inter-American Development Bank</name>
        <lei>VKU1UKDS9E7LYLMACP54</lei>
        <title>Inter-American Development Bank 3.00 10/04/2023</title>
        <cusip>4581X0CC0</cusip>
        <identifiers>
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          <ticker value="IADB"/>
          <other otherDesc="SEDOL" value="BF8HW23"/>
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        <balance>100000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>104440.7100000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-10-04</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.000000000000000</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>Public Storage</name>
        <lei>549300LMZF40TKJ6DM64</lei>
        <title>Public Storage 1.85 05/01/2028</title>
        <cusip>74460WAD9</cusip>
        <identifiers>
          <isin value="US74460WAD92"/>
          <ticker value="PSA"/>
          <other otherDesc="SEDOL" value="BMDV393"/>
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        <balance>200000.0000000000</balance>
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        <curCd>USD</curCd>
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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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      <invstOrSec>
        <name>Public Storage</name>
        <lei>549300LMZF40TKJ6DM64</lei>
        <title>Public Storage 2.30 05/01/2031</title>
        <cusip>74460WAE7</cusip>
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          <other otherDesc="SEDOL" value="BMDV3B5"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Westpac Banking Corp</name>
        <lei>EN5TNI6CI43VEPAMHL14</lei>
        <title>Westpac Banking Corp 3.40 01/25/2028</title>
        <cusip>961214DW0</cusip>
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          <isin value="US961214DW04"/>
          <ticker value="WSTP"/>
          <other otherDesc="SEDOL" value="BYZGTJ2"/>
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        <balance>165000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>180511.6500000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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          <isDefault>N</isDefault>
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        <name>Whirlpool Corp</name>
        <lei>WHENKOULSSK7WUM60H03</lei>
        <title>Whirlpool Corp 4.00 03/01/2024</title>
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          <ticker value="WHR"/>
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        <issuerCat>CORP</issuerCat>
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          <couponKind>Fixed</couponKind>
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        <name>American Honda Finance Corp</name>
        <lei>B6Q2VFHD1797Q7NZ3E43</lei>
        <title>American Honda Finance Corp 2.35 01/08/2027</title>
        <cusip>02665WDJ7</cusip>
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          <ticker value="HNDA"/>
          <other otherDesc="SEDOL" value="BL9BWD7"/>
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        <balance>330000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>340129.4100000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>American Honda Finance Corp</name>
        <lei>B6Q2VFHD1797Q7NZ3E43</lei>
        <title>American Honda Finance Corp 1.00 09/10/2025</title>
        <cusip>02665WDN8</cusip>
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          <ticker value="HNDA"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>EI du Pont de Nemours and Co</name>
        <lei>GLU7INWNWH88J9XBXD45</lei>
        <title>EI du Pont de Nemours and Co 2.30 07/15/2030</title>
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          <ticker value="CTVA"/>
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        <valUSD>152840.3500000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Duke Energy Carolinas LLC</name>
        <lei>MWIUSDMN17TCR56VW396</lei>
        <title>Duke Energy Carolinas LLC 6.00 12/01/2028</title>
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        <curCd>USD</curCd>
        <valUSD>248081.7100000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.000000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Puget Energy Inc</name>
        <lei>SYBSJ96YIDMIUY7WDR33</lei>
        <title>Puget Energy Inc 4.10 06/15/2030</title>
        <cusip>745310AK8</cusip>
        <identifiers>
          <isin value="US745310AK84"/>
          <ticker value="PSD"/>
          <other otherDesc="SEDOL" value="BN7GF17"/>
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        <balance>335000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>364387.8900000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.100000000000000</annualizedRt>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>QUALCOMM Inc</name>
        <lei>H1J8DDZKZP6H7RWC0H53</lei>
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        <cusip>747525AU7</cusip>
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          <isin value="US747525AU71"/>
          <ticker value="QCOM"/>
          <other otherDesc="SEDOL" value="BF3KVF3"/>
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        <balance>210000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>226591.8100000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.250000000000000</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 National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Federal National Mortgage Association 0.63 04/22/2025</title>
        <cusip>3135G03U5</cusip>
        <identifiers>
          <isin value="US3135G03U56"/>
          <ticker value="FNMA"/>
          <other otherDesc="SEDOL" value="BMXPS34"/>
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        <balance>75000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>74106.9800000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-04-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.625000000000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Federal National Mortgage Association 0.50 06/17/2025</title>
        <cusip>3135G04Z3</cusip>
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          <isin value="US3135G04Z35"/>
          <ticker value="FNMA"/>
          <other otherDesc="SEDOL" value="BKSGBS4"/>
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        <balance>50000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>49049.3900000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-06-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.500000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>American Homes 4 Rent LP</name>
        <lei>549300N4PXZ37U8QKI55</lei>
        <title>American Homes 4 Rent LP 4.25 02/15/2028</title>
        <cusip>02666TAA5</cusip>
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          <isin value="US02666TAA51"/>
          <ticker value="AMH"/>
          <other otherDesc="SEDOL" value="BG12X96"/>
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        <balance>234000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>261195.4400000000</valUSD>
        <pctVal>0.2963922933</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.250000000000000</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>American Tower Corp</name>
        <lei>5493006ORUSIL88JOE18</lei>
        <title>American Tower Corp 3.60 01/15/2028</title>
        <cusip>03027XAR1</cusip>
        <identifiers>
          <isin value="US03027XAR17"/>
          <ticker value="AMT"/>
          <other otherDesc="SEDOL" value="BD1DD87"/>
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        <balance>210000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>225948.2700000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.600000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Williams Cos Inc/The</name>
        <lei>D71FAKCBLFS2O0RBPG08</lei>
        <title>Williams Cos Inc/The 4.00 09/15/2025</title>
        <cusip>96949LAB1</cusip>
        <identifiers>
          <isin value="US96949LAB18"/>
          <ticker value="WMB"/>
          <other otherDesc="SEDOL" value="BW9H6P2"/>
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        <balance>30000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>32372.3200000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</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>Wisconsin Power and Light Co</name>
        <lei>JWBYHVQVMY66CVCOSO49</lei>
        <title>Wisconsin Power and Light Co 3.00 07/01/2029</title>
        <cusip>976826BM8</cusip>
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          <isin value="US976826BM89"/>
          <ticker value="LNT"/>
          <other otherDesc="SEDOL" value="BJLK283"/>
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        <balance>315000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>334553.7000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>3.000000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>U.S. TREASURY</name>
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        <title>United States Treasury Note/Bond 2.50 02/15/2045</title>
        <cusip>912810RK6</cusip>
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          <isin value="US912810RK60"/>
          <ticker value="T"/>
          <other otherDesc="SEDOL" value="BVVT273"/>
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        <curCd>USD</curCd>
        <valUSD>156903.9100000000</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>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>U.S. TREASURY</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Note/Bond 2.88 08/15/2045</title>
        <cusip>912810RN0</cusip>
        <identifiers>
          <isin value="US912810RN00"/>
          <ticker value="T"/>
          <other otherDesc="SEDOL" value="BYSJ1Z8"/>
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        <balance>1442700.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1727464.1800000000</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>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Quanta Services Inc</name>
        <lei>SHVRXXEACT60MMH07S24</lei>
        <title>Quanta Services Inc 2.90 10/01/2030</title>
        <cusip>74762EAF9</cusip>
        <identifiers>
          <isin value="US74762EAF97"/>
          <ticker value="PWR"/>
          <other otherDesc="SEDOL" value="BM8MTK4"/>
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        <balance>275000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>283757.0300000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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          <isDefault>N</isDefault>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>RPM International Inc</name>
        <lei>549300TJCKW4BRXPJ474</lei>
        <title>RPM International Inc 4.55 03/01/2029</title>
        <cusip>749685AX1</cusip>
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          <ticker value="RPM"/>
          <other otherDesc="SEDOL" value="BJK31T7"/>
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        <curCd>USD</curCd>
        <valUSD>291890.8200000000</valUSD>
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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>
          <annualizedRt>4.550000000000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Duke Energy Ohio Inc</name>
        <lei>L6KC0HABGHNFU1Z6QY21</lei>
        <title>Duke Energy Ohio Inc 2.13 06/01/2030</title>
        <cusip>26442EAH3</cusip>
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          <ticker value="DUK"/>
          <other otherDesc="SEDOL" value="BMHC5Z2"/>
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        <curCd>USD</curCd>
        <valUSD>206640.5100000000</valUSD>
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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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          <isDefault>N</isDefault>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Duke Energy Florida LLC</name>
        <lei>7MOHLM3DKE63RX2ZCN83</lei>
        <title>Duke Energy Florida LLC 3.80 07/15/2028</title>
        <cusip>26444HAE1</cusip>
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          <ticker value="DUK"/>
          <other otherDesc="SEDOL" value="BYZMHH4"/>
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        <curCd>USD</curCd>
        <valUSD>44407.4800000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Raytheon Technologies Corp</name>
        <lei>I07WOS4YJ0N7YRFE7309</lei>
        <title>Raytheon Technologies Corp 3.50 03/15/2027</title>
        <cusip>75513ECH2</cusip>
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          <isin value="US75513ECH27"/>
          <ticker value="RTX"/>
          <other otherDesc="SEDOL" value="BN6NLL1"/>
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        <balance>50000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>53965.6300000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>3.500000000000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Realty Income Corp</name>
        <lei>549300CUWDAUZSH43859</lei>
        <title>Realty Income Corp 3.65 01/15/2028</title>
        <cusip>756109AU8</cusip>
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          <isin value="US756109AU84"/>
          <ticker value="O"/>
          <other otherDesc="SEDOL" value="BYVHXJ7"/>
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        <balance>160000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>176067.3300000000</valUSD>
        <pctVal>0.1997929203</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-01-15</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Inter-American Development Bank</name>
        <lei>VKU1UKDS9E7LYLMACP54</lei>
        <title>Inter-American Development Bank 2.38 07/07/2027</title>
        <cusip>4581X0CY2</cusip>
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          <isin value="US4581X0CY26"/>
          <ticker value="IADB"/>
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        <balance>255000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>269449.0000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-07-07</maturityDt>
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      <invstOrSec>
        <name>Inter-American Development Bank</name>
        <lei>VKU1UKDS9E7LYLMACP54</lei>
        <title>Inter-American Development Bank 3.13 09/18/2028</title>
        <cusip>4581X0DC9</cusip>
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          <isin value="US4581X0DC96"/>
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        <balance>150000.0000000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-09-18</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Zimmer Biomet Holdings Inc</name>
        <lei>2P2YLDVPES3BXQ1FRB91</lei>
        <title>Zimmer Biomet Holdings Inc 3.55 03/20/2030</title>
        <cusip>98956PAT9</cusip>
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          <isin value="US98956PAT93"/>
          <ticker value="ZBH"/>
          <other otherDesc="SEDOL" value="BL6C318"/>
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        <balance>270000.0000000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-03-20</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CBOT 10 Year US Treasury Note</name>
        <lei>N/A</lei>
        <title>US 10YR NOTE (CBT)Mar22</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="TYH2"/>
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        <balance>5.0000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>2646.5000000000</valUSD>
        <pctVal>0.0030031237</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <futrDeriv derivCat="FUT">
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              <counterpartyName>Bank of America</counterpartyName>
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            <payOffProf>Long</payOffProf>
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              <otherRefInst>
                <issuerName>US 10YR NOTE (CBT)</issuerName>
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      <invstOrSec>
        <name>Realty Income Corp</name>
        <lei>549300CUWDAUZSH43859</lei>
        <title>Realty Income Corp 2.85 12/15/2032</title>
        <cusip>756109BL7</cusip>
        <identifiers>
          <isin value="US756109BL76"/>
          <ticker value="O"/>
          <other otherDesc="SEDOL" value="BL6C8W4"/>
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        <balance>20000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>20894.9300000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.850000000000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Roper Technologies Inc</name>
        <lei>54930003T4SXCIWVXY35</lei>
        <title>Roper Technologies Inc 1.40 09/15/2027</title>
        <cusip>776743AN6</cusip>
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          <isin value="US776743AN67"/>
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          <other otherDesc="SEDOL" value="BL54BD3"/>
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        <balance>120000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>116577.1100000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.400000000000000</annualizedRt>
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      <invstOrSec>
        <name>U.S. TREASURY</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Note/Bond 3.00 11/15/2045</title>
        <cusip>912810RP5</cusip>
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          <isin value="US912810RP57"/>
          <ticker value="T"/>
          <other otherDesc="SEDOL" value="BYQP1M5"/>
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        <curCd>USD</curCd>
        <valUSD>669878.3400000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>U.S. TREASURY</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Note/Bond 2.50 02/15/2046</title>
        <cusip>912810RQ3</cusip>
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          <isin value="US912810RQ31"/>
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          <other otherDesc="SEDOL" value="BZ56WT0"/>
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        <balance>492000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>554864.5300000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Royalty Pharma PLC</name>
        <lei>549300FGFN7VOK8BZR03</lei>
        <title>Royalty Pharma PLC 2.20 09/02/2030</title>
        <cusip>78081BAK9</cusip>
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          <isin value="US78081BAK98"/>
          <ticker value="RPRX"/>
          <other otherDesc="SEDOL" value="BNK8YM4"/>
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        <balance>300000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>289723.8300000000</valUSD>
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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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      <invstOrSec>
        <name>AT&amp;T Inc</name>
        <lei>549300Z40J86GGSTL398</lei>
        <title>AT&amp;T Inc 6.15 09/15/2034</title>
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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>Inter-American Development Bank</name>
        <lei>VKU1UKDS9E7LYLMACP54</lei>
        <title>Inter-American Development Bank 2.00 07/23/2026</title>
        <cusip>4581X0DJ4</cusip>
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          <isin value="US4581X0DJ40"/>
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        <curCd>USD</curCd>
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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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      <invstOrSec>
        <name>Inter-American Development Bank</name>
        <lei>VKU1UKDS9E7LYLMACP54</lei>
        <title>Inter-American Development Bank 1.13 01/13/2031</title>
        <cusip>4581X0DS4</cusip>
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          <isin value="US4581X0DS49"/>
          <ticker value="IADB"/>
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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>Eastman Chemical Co</name>
        <lei>FDPVHDGJ1IQZFK9KH630</lei>
        <title>Eastman Chemical Co 3.80 03/15/2025</title>
        <cusip>277432AR1</cusip>
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          <isin value="US277432AR19"/>
          <ticker value="EMN"/>
          <other otherDesc="SEDOL" value="BNHT981"/>
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        <balance>200000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>214251.2000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Edwards Lifesciences Corp</name>
        <lei>YA13X31F3V31L8TMPR58</lei>
        <title>Edwards Lifesciences Corp 4.30 06/15/2028</title>
        <cusip>28176EAD0</cusip>
        <identifiers>
          <isin value="US28176EAD04"/>
          <ticker value="EW"/>
          <other otherDesc="SEDOL" value="BDGMR09"/>
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        <balance>42000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>47667.0700000000</valUSD>
        <pctVal>0.0540903478</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.300000000000000</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>Ameriprise Financial Inc</name>
        <lei>6ZLKQF7QB6JAEKQS5388</lei>
        <title>Ameriprise Financial Inc 2.88 09/15/2026</title>
        <cusip>03076CAH9</cusip>
        <identifiers>
          <isin value="US03076CAH97"/>
          <ticker value="AMP"/>
          <other otherDesc="SEDOL" value="BYXYJQ5"/>
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        <balance>325000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>344326.3400000000</valUSD>
        <pctVal>0.3907253264</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.875000000000000</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>Anheuser-Busch InBev Worldwide Inc</name>
        <lei>549300CRGMZK3K53BF92</lei>
        <title>Anheuser-Busch InBev Worldwide Inc 8.20 01/15/2039</title>
        <cusip>03523TBF4</cusip>
        <identifiers>
          <isin value="US03523TBF49"/>
          <ticker value="ABIBB"/>
          <other otherDesc="SEDOL" value="B46LC31"/>
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        <balance>75000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>122941.1600000000</valUSD>
        <pctVal>0.1395078427</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-01-15</maturityDt>
          <couponKind>Floating</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>International Bank for Reconstruction &amp; Development</name>
        <lei>ZTMSNXROF84AHWJNKQ93</lei>
        <title>International Bank for Reconstruction &amp; Development 1.75 04/19/2023</title>
        <cusip>459058FF5</cusip>
        <identifiers>
          <isin value="US459058FF56"/>
          <ticker value="IBRD"/>
          <other otherDesc="SEDOL" value="BYVFRQ6"/>
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        <balance>50000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>50910.7300000000</valUSD>
        <pctVal>0.0577711005</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-04-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.750000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>International Bank for Reconstruction &amp; Development</name>
        <lei>ZTMSNXROF84AHWJNKQ93</lei>
        <title>International Bank for Reconstruction &amp; Development 0.88 05/14/2030</title>
        <cusip>459058JC8</cusip>
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          <isin value="US459058JC89"/>
          <ticker value="IBRD"/>
          <other otherDesc="SEDOL" value="BL9Y720"/>
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        <balance>105000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>100451.8900000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.875000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>International Bank for Reconstruction &amp; Development</name>
        <lei>ZTMSNXROF84AHWJNKQ93</lei>
        <title>International Bank for Reconstruction &amp; Development 0.75 11/24/2027</title>
        <cusip>459058JN4</cusip>
        <identifiers>
          <isin value="US459058JN45"/>
          <ticker value="IBRD"/>
          <other otherDesc="SEDOL" value="BLD4QB8"/>
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        <balance>125000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>120660.4900000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.750000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>International Bank for Reconstruction &amp; Development</name>
        <lei>ZTMSNXROF84AHWJNKQ93</lei>
        <title>International Bank for Reconstruction &amp; Development 0.88 07/15/2026</title>
        <cusip>459058JX2</cusip>
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          <isin value="US459058JX27"/>
          <ticker value="IBRD"/>
          <other otherDesc="SEDOL" value="BLPJ4H3"/>
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        <balance>125000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>123402.3000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.875000000000000</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>S&amp;P Global Inc</name>
        <lei>Y6X4K52KMJMZE7I7MY94</lei>
        <title>S&amp;P Global Inc 2.95 01/22/2027</title>
        <cusip>78409VAM6</cusip>
        <identifiers>
          <isin value="US78409VAM63"/>
          <ticker value="SPGI"/>
          <other otherDesc="SEDOL" value="BF0LM78"/>
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        <balance>75000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>79724.7900000000</valUSD>
        <pctVal>0.0904679398</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.950000000000000</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>San Diego Gas &amp; Electric Co</name>
        <lei>KNIRVXKVNJJ4P8OTMS63</lei>
        <title>San Diego Gas &amp; Electric Co 1.70 10/01/2030</title>
        <cusip>797440BZ6</cusip>
        <identifiers>
          <isin value="US797440BZ64"/>
          <ticker value="SRE"/>
          <other otherDesc="SEDOL" value="BM9F087"/>
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        <balance>62000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>59386.7600000000</valUSD>
        <pctVal>0.0673893005</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.700000000000000</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>U.S. TREASURY</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Note/Bond 1.13 08/15/2040</title>
        <cusip>912810SQ2</cusip>
        <identifiers>
          <isin value="US912810SQ22"/>
          <ticker value="T"/>
          <other otherDesc="SEDOL" value="BKVKF47"/>
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        <balance>636000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>562512.1800000000</valUSD>
        <pctVal>0.6383123497</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.125000000000000</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>U.S. TREASURY</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Note/Bond 2.25 05/15/2041</title>
        <cusip>912810SY5</cusip>
        <identifiers>
          <isin value="US912810SY55"/>
          <ticker value="T"/>
          <other otherDesc="SEDOL" value="BMCXZ94"/>
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        <balance>535000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>569775.0000000000</valUSD>
        <pctVal>0.6465538561</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.250000000000000</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>Anheuser-Busch InBev Worldwide Inc</name>
        <lei>549300CRGMZK3K53BF92</lei>
        <title>Anheuser-Busch InBev Worldwide Inc 4.00 04/13/2028</title>
        <cusip>035240AL4</cusip>
        <identifiers>
          <isin value="US035240AL43"/>
          <ticker value="ABIBB"/>
          <other otherDesc="SEDOL" value="BDZ7G86"/>
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        <balance>125000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>140055.0500000000</valUSD>
        <pctVal>0.1589278797</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</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>Anheuser-Busch InBev Worldwide Inc</name>
        <lei>549300CRGMZK3K53BF92</lei>
        <title>Anheuser-Busch InBev Worldwide Inc 4.35 06/01/2040</title>
        <cusip>035240AS9</cusip>
        <identifiers>
          <isin value="US035240AS95"/>
          <ticker value="ABIBB"/>
          <other otherDesc="SEDOL" value="BM8GDK4"/>
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        <balance>75000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>88270.4400000000</valUSD>
        <pctVal>0.1001651413</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.350000000000001</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>International Business Machines Corp</name>
        <lei>VGRQXHF3J8VDLUA7XE92</lei>
        <title>International Business Machines Corp 1.95 05/15/2030</title>
        <cusip>459200KJ9</cusip>
        <identifiers>
          <isin value="US459200KJ94"/>
          <ticker value="IBM"/>
          <other otherDesc="SEDOL" value="BMZ81Y3"/>
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        <balance>184000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>179533.2700000000</valUSD>
        <pctVal>0.2037259059</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.950000000000000</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>International Finance Corp</name>
        <lei>QKL54NQY28TCDAI75F60</lei>
        <title>International Finance Corp 2.88 07/31/2023</title>
        <cusip>45950KCP3</cusip>
        <identifiers>
          <isin value="US45950KCP30"/>
          <ticker value="IFC"/>
          <other otherDesc="SEDOL" value="BFZ4SY1"/>
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        <balance>50000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>51956.9600000000</valUSD>
        <pctVal>0.0589583131</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-07-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.875000000000000</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>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Federal National Mortgage Association 1.88 09/24/2026</title>
        <cusip>3135G0Q22</cusip>
        <identifiers>
          <isin value="US3135G0Q225"/>
          <ticker value="FNMA"/>
          <other otherDesc="SEDOL" value="BZ1GVK8"/>
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        <balance>490000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>505532.5900000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.875000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Federal National Mortgage Association 2.50 02/05/2024</title>
        <cusip>3135G0V34</cusip>
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          <isin value="US3135G0V340"/>
          <ticker value="FNMA"/>
          <other otherDesc="SEDOL" value="BK8KJR1"/>
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        <curCd>USD</curCd>
        <valUSD>31236.6800000000</valUSD>
        <pctVal>0.0354459144</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-02-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.500000000000000</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>Apple Inc</name>
        <lei>HWUPKR0MPOU8FGXBT394</lei>
        <title>Apple Inc 3.25 02/23/2026</title>
        <cusip>037833BY5</cusip>
        <identifiers>
          <isin value="US037833BY53"/>
          <ticker value="AAPL"/>
          <other otherDesc="SEDOL" value="BYN2GK2"/>
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        <balance>390000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>417397.0100000000</valUSD>
        <pctVal>0.4736424840</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>3.250000000000000</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>Apple Inc</name>
        <lei>HWUPKR0MPOU8FGXBT394</lei>
        <title>Apple Inc 3.20 05/11/2027</title>
        <cusip>037833CR9</cusip>
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          <ticker value="AAPL"/>
          <other otherDesc="SEDOL" value="BD3N0T5"/>
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        <balance>120000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
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      <invstOrSec>
        <name>Interpublic Group of Cos Inc/The</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>IPALCO Enterprises Inc</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Sanofi</name>
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          <isin value="US801060AD60"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Santander Holdings USA Inc</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>U.S. TREASURY</name>
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        <title>United States Treasury Note/Bond 2.75 08/31/2025</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>U.S. TREASURY</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Note/Bond 2.88 09/30/2023</title>
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          <isin value="US9128285D82"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-09-30</maturityDt>
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      <invstOrSec>
        <name>Enbridge Inc</name>
        <lei>98TPTUM4IVMFCZBCUR27</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Entergy Arkansas LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>U.S. TREASURY</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Note/Bond 2.63 01/31/2026</title>
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        <name>U.S. TREASURY</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Note/Bond 1.38 10/15/2022</title>
        <cusip>912828YK0</cusip>
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          <ticker value="T"/>
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        <name>Entergy Louisiana LLC</name>
        <lei>0V5453U14HDZO63CGH17</lei>
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        <lei>254900HROIFWPRGM1V77</lei>
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        <lei>254900HROIFWPRGM1V77</lei>
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        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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        <name>Federal Home Loan Mortgage Corp</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
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        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan Chase &amp; Co</name>
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        <identifiers>
          <isin value="US46625HHV50"/>
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        <balance>125000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>170665.3500000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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          <maturityDt>2040-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Jabil Inc</name>
        <lei>5493000CGCQY2OQU7669</lei>
        <title>Jabil Inc 3.00 01/15/2031</title>
        <cusip>466313AK9</cusip>
        <identifiers>
          <isin value="US466313AK92"/>
          <ticker value="JBL"/>
          <other otherDesc="SEDOL" value="BMVPRL7"/>
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        <balance>340000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>351311.4100000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.000000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Johnson &amp; Johnson</name>
        <lei>549300G0CFPGEF6X2043</lei>
        <title>Johnson &amp; Johnson 3.63 03/03/2037</title>
        <cusip>478160CF9</cusip>
        <identifiers>
          <isin value="US478160CF96"/>
          <ticker value="JNJ"/>
          <other otherDesc="SEDOL" value="BF01Z57"/>
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        <balance>100000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>115573.4800000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-03-03</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.625000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Johnson &amp; Johnson</name>
        <lei>549300G0CFPGEF6X2043</lei>
        <title>Johnson &amp; Johnson 2.90 01/15/2028</title>
        <cusip>478160CK8</cusip>
        <identifiers>
          <isin value="US478160CK81"/>
          <ticker value="JNJ"/>
          <other otherDesc="SEDOL" value="BFXCN86"/>
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        <balance>190000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>202661.3900000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.900000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Federal Home Loan Mortgage Corp</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Federal Home Loan Mortgage Corp 0.38 07/21/2025</title>
        <cusip>3137EAEU9</cusip>
        <identifiers>
          <isin value="US3137EAEU93"/>
          <ticker value="FHLMC"/>
          <other otherDesc="SEDOL" value="BMXL9L7"/>
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        <balance>125000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>122235.1400000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-07-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.375000000000000</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 Corp</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Federal Home Loan Mortgage Corp 0.38 09/23/2025</title>
        <cusip>3137EAEX3</cusip>
        <identifiers>
          <isin value="US3137EAEX33"/>
          <ticker value="FHLMC"/>
          <other otherDesc="SEDOL" value="BNBTL70"/>
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        <balance>280000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>272741.4600000000</valUSD>
        <pctVal>0.3094941734</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-09-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.375000000000000</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>Johnson &amp; Johnson</name>
        <lei>549300G0CFPGEF6X2043</lei>
        <title>Johnson &amp; Johnson 0.55 09/01/2025</title>
        <cusip>478160CN2</cusip>
        <identifiers>
          <isin value="US478160CN21"/>
          <ticker value="JNJ"/>
          <other otherDesc="SEDOL" value="BMGYM81"/>
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        <balance>40000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>38983.2300000000</valUSD>
        <pctVal>0.0442363348</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.550000000000000</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>Kennametal Inc</name>
        <lei>549300GZDSG25XUV0Y08</lei>
        <title>Kennametal Inc 4.63 06/15/2028</title>
        <cusip>489170AE0</cusip>
        <identifiers>
          <isin value="US489170AE03"/>
          <ticker value="KMT"/>
          <other otherDesc="SEDOL" value="BDD8528"/>
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        <balance>108000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>121539.8200000000</valUSD>
        <pctVal>0.1379176680</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.625000000000000</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>BlackRock Inc</name>
        <lei>549300LRIF3NWCU26A80</lei>
        <title>BlackRock Inc 3.25 04/30/2029</title>
        <cusip>09247XAP6</cusip>
        <identifiers>
          <isin value="US09247XAP69"/>
          <ticker value="BLK"/>
          <other otherDesc="SEDOL" value="BJYKTP6"/>
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        <balance>270000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>295546.6000000000</valUSD>
        <pctVal>0.3353723731</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.250000000000000</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>Boardwalk Pipelines LP</name>
        <lei>549300W6AQ2GHHCGL606</lei>
        <title>Boardwalk Pipelines LP 4.80 05/03/2029</title>
        <cusip>096630AG3</cusip>
        <identifiers>
          <isin value="US096630AG32"/>
          <ticker value="BWP"/>
          <other otherDesc="SEDOL" value="BJTJG91"/>
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        <balance>125000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>141672.6400000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-03</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.800000000000000</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>Keurig Dr Pepper Inc</name>
        <lei>DYTQ8KRTKO7Y2BVU5K74</lei>
        <title>Keurig Dr Pepper Inc 3.20 05/01/2030</title>
        <cusip>49271VAJ9</cusip>
        <identifiers>
          <isin value="US49271VAJ98"/>
          <ticker value="KDP"/>
          <other otherDesc="SEDOL" value="BKWF8W0"/>
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        <balance>300000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>319116.6200000000</valUSD>
        <pctVal>0.3621185226</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.200000000000000</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>Kimco Realty Corp</name>
        <lei>549300EA7I6T15IBYS12</lei>
        <title>Kimco Realty Corp 1.90 03/01/2028</title>
        <cusip>49446RAX7</cusip>
        <identifiers>
          <isin value="US49446RAX70"/>
          <ticker value="KIM"/>
          <other otherDesc="SEDOL" value="BKPTTY8"/>
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        <balance>50000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>49425.5000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.900000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Santander Holdings USA Inc</name>
        <lei>549300SMVCQN2P0O6I58</lei>
        <title>Santander Holdings USA Inc 3.45 06/02/2025</title>
        <cusip>80282KBB1</cusip>
        <identifiers>
          <isin value="US80282KBB17"/>
          <ticker value="SANUSA"/>
          <other otherDesc="SEDOL" value="BLF0HZ5"/>
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        <balance>110000.0000000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Schlumberger Investment SA</name>
        <lei>529900EZ29I5KXPV2J32</lei>
        <title>Schlumberger Investment SA 2.65 06/26/2030</title>
        <cusip>806854AJ4</cusip>
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          <isin value="US806854AJ48"/>
          <ticker value="SLB"/>
          <other otherDesc="SEDOL" value="BL6JT44"/>
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        <balance>459000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>468106.2200000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>U.S. TREASURY</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Note/Bond 0.50 08/31/2027</title>
        <cusip>91282CAH4</cusip>
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          <ticker value="T"/>
          <other otherDesc="SEDOL" value="BMV9TY6"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isDefault>N</isDefault>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>U.S. TREASURY</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Note/Bond 0.38 09/30/2027</title>
        <cusip>91282CAL5</cusip>
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          <ticker value="T"/>
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        <curCd>USD</curCd>
        <valUSD>2481600.6100000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-09-30</maturityDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Kinder Morgan Inc</name>
        <lei>549300WR7IX8XE0TBO16</lei>
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          <isin value="US49456BAG68"/>
          <ticker value="KMI"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Kinross Gold Corp</name>
        <lei>549300UEBMAQDN0K0R06</lei>
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          <isin value="US496902AQ09"/>
          <ticker value="KCN"/>
          <other otherDesc="SEDOL" value="BG34680"/>
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        <curCd>USD</curCd>
        <valUSD>106542.4500000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.500000000000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Charles Schwab Corp/The</name>
        <lei>549300VSGCJ7E698NM85</lei>
        <title>Charles Schwab Corp/The 3.20 03/02/2027</title>
        <cusip>808513AQ8</cusip>
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          <isin value="US808513AQ89"/>
          <ticker value="SCHW"/>
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        <balance>100000.0000000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-03-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.200000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Charles Schwab Corp/The</name>
        <lei>549300VSGCJ7E698NM85</lei>
        <title>Charles Schwab Corp/The 1.65 03/11/2031</title>
        <cusip>808513BG9</cusip>
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          <isin value="US808513BG98"/>
          <ticker value="SCHW"/>
          <other otherDesc="SEDOL" value="BMQ83M4"/>
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        <balance>275000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>264558.5300000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-03-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.650000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Apple Inc</name>
        <lei>HWUPKR0MPOU8FGXBT394</lei>
        <title>Apple Inc 3.00 11/13/2027</title>
        <cusip>037833DK3</cusip>
        <identifiers>
          <isin value="US037833DK32"/>
          <ticker value="AAPL"/>
          <other otherDesc="SEDOL" value="BYX10K7"/>
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        <balance>100000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>106893.7200000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.000000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Apple Inc</name>
        <lei>HWUPKR0MPOU8FGXBT394</lei>
        <title>Apple Inc 2.20 09/11/2029</title>
        <cusip>037833DP2</cusip>
        <identifiers>
          <isin value="US037833DP29"/>
          <ticker value="AAPL"/>
          <other otherDesc="SEDOL" value="BJDSXR1"/>
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        <balance>30000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>30593.2500000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-09-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.200000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Charles Schwab Corp/The</name>
        <lei>549300VSGCJ7E698NM85</lei>
        <title>Charles Schwab Corp/The 2.75 10/01/2029</title>
        <cusip>808513BX2</cusip>
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          <isin value="US808513BX22"/>
          <ticker value="SCHW"/>
          <other otherDesc="SEDOL" value="BP2D8N0"/>
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        <balance>116000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>122526.4000000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Shell International Finance BV</name>
        <lei>213800ITMMKU4Z7I4F78</lei>
        <title>Shell International Finance BV 3.25 05/11/2025</title>
        <cusip>822582BD3</cusip>
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          <isin value="US822582BD31"/>
          <ticker value="RDSALN"/>
          <other otherDesc="SEDOL" value="BXQ9F39"/>
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        <balance>130000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>138552.9900000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-05-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.250000000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>U.S. TREASURY</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Note/Bond 0.50 10/31/2027</title>
        <cusip>91282CAU5</cusip>
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          <isin value="US91282CAU53"/>
          <ticker value="T"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>U.S. TREASURY</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Note/Bond 0.13 12/15/2023</title>
        <cusip>91282CBA8</cusip>
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          <isin value="US91282CBA80"/>
          <ticker value="T"/>
          <other otherDesc="SEDOL" value="BNKD5P9"/>
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        <issuerCat>UST</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Federal National Mortgage Association 5.63 07/15/2037</title>
        <cusip>31398AFD9</cusip>
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          <ticker value="FNMA"/>
          <other otherDesc="SEDOL" value="B23G0S6"/>
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        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>FedEx Corp 2020-1 Class AA Pass Through Trust</name>
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          <ticker value="FDX"/>
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        <name>U.S. TREASURY</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Note/Bond 0.88 09/30/2026</title>
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          <ticker value="T"/>
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        <name>U.S. TREASURY</name>
        <lei>254900HROIFWPRGM1V77</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Kreditanstalt fuer Wiederaufbau</name>
        <lei>549300GDPG70E3MBBU98</lei>
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        <cusip>500769GQ1</cusip>
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          <ticker value="KFW"/>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Kreditanstalt fuer Wiederaufbau</name>
        <lei>549300GDPG70E3MBBU98</lei>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UnitedHealth Group Inc</name>
        <lei>549300GHBMY8T5GXDE41</lei>
        <title>UnitedHealth Group Inc 3.45 01/15/2027</title>
        <cusip>91324PCW0</cusip>
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          <isin value="US91324PCW05"/>
          <ticker value="UNH"/>
          <other otherDesc="SEDOL" value="BZ0X5S6"/>
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        <balance>490000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>532581.2400000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Valero Energy Corp</name>
        <lei>549300XTO5VR8SKV1V74</lei>
        <title>Valero Energy Corp 6.63 06/15/2037</title>
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          <isin value="US91913YAL48"/>
          <ticker value="VLO"/>
          <other otherDesc="SEDOL" value="B1YLTG4"/>
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        <balance>175000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>239873.9700000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.625000000000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Valero Energy Partners LP</name>
        <lei>549300WH1375KZXLJ231</lei>
        <title>Valero Energy Partners LP 4.50 03/15/2028</title>
        <cusip>91914JAB8</cusip>
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          <isin value="US91914JAB89"/>
          <ticker value="VLO"/>
          <other otherDesc="SEDOL" value="BJ08X29"/>
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        <balance>193000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>214318.6000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.500000000000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Ventas Realty LP</name>
        <lei>32SXKSJ72K64GM3HOU64</lei>
        <title>Ventas Realty LP 3.00 01/15/2030</title>
        <cusip>92277GAU1</cusip>
        <identifiers>
          <isin value="US92277GAU13"/>
          <ticker value="VTR"/>
          <other otherDesc="SEDOL" value="BKFV9M2"/>
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        <balance>20000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>20695.3100000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.000000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Ventas Realty LP</name>
        <lei>32SXKSJ72K64GM3HOU64</lei>
        <title>Ventas Realty LP 4.75 11/15/2030</title>
        <cusip>92277GAV9</cusip>
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          <isin value="US92277GAV95"/>
          <ticker value="VTR"/>
          <other otherDesc="SEDOL" value="BM7SXV2"/>
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        <balance>360000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>422527.4600000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.750000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Verizon Communications Inc</name>
        <lei>2S72QS2UO2OESLG6Y829</lei>
        <title>Verizon Communications Inc 5.25 03/16/2037</title>
        <cusip>92343VDU5</cusip>
        <identifiers>
          <isin value="US92343VDU52"/>
          <ticker value="VZ"/>
          <other otherDesc="SEDOL" value="BYZKXZ8"/>
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        <balance>265000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>347529.2500000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-03-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.250000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Lam Research Corp</name>
        <lei>549300I4GMO6D34U1T02</lei>
        <title>Lam Research Corp 3.75 03/15/2026</title>
        <cusip>512807AS7</cusip>
        <identifiers>
          <isin value="US512807AS72"/>
          <ticker value="LRCX"/>
          <other otherDesc="SEDOL" value="BJ7MB64"/>
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        <balance>200000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>218832.4200000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.750000000000000</annualizedRt>
          <isDefault>N</isDefault>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Landwirtschaftliche Rentenbank</name>
        <lei>529900Z3J0N6S0F7CT25</lei>
        <title>Landwirtschaftliche Rentenbank 2.00 01/13/2025</title>
        <cusip>515110BN3</cusip>
        <identifiers>
          <isin value="US515110BN30"/>
          <ticker value="RENTEN"/>
          <other otherDesc="SEDOL" value="BV8CD27"/>
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        <balance>165000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>170443.1800000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-01-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.000000000000000</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>Archer-Daniels-Midland Co</name>
        <lei>549300LO13MQ9HYSTR83</lei>
        <title>Archer-Daniels-Midland Co 3.25 03/27/2030</title>
        <cusip>039482AB0</cusip>
        <identifiers>
          <isin value="US039482AB02"/>
          <ticker value="ADM"/>
          <other otherDesc="SEDOL" value="BLPLLM3"/>
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        <balance>475000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>521380.0800000000</valUSD>
        <pctVal>0.5916375783</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-03-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.250000000000000</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>Asian Development Bank</name>
        <lei>549300X0MVH42CY8Q105</lei>
        <title>Asian Development Bank 2.38 08/10/2027</title>
        <cusip>045167EC3</cusip>
        <identifiers>
          <isin value="US045167EC30"/>
          <ticker value="ASIA"/>
          <other otherDesc="SEDOL" value="BYXCZR2"/>
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        <balance>40000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>42221.7300000000</valUSD>
        <pctVal>0.0479112322</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.375000000000000</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>Shell International Finance BV</name>
        <lei>213800ITMMKU4Z7I4F78</lei>
        <title>Shell International Finance BV 2.50 09/12/2026</title>
        <cusip>822582BX9</cusip>
        <identifiers>
          <isin value="US822582BX94"/>
          <ticker value="RDSALN"/>
          <other otherDesc="SEDOL" value="BD5NF98"/>
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        <balance>185000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>193959.5600000000</valUSD>
        <pctVal>0.2200961808</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.500000000000000</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>Southern California Gas Co</name>
        <lei>XY0N0J73VHV5F4CUJV89</lei>
        <title>Southern California Gas Co 2.55 02/01/2030</title>
        <cusip>842434CU4</cusip>
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          <isin value="US842434CU45"/>
          <ticker value="SRE"/>
          <other otherDesc="SEDOL" value="BJVNK33"/>
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        <balance>174000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>179525.2700000000</valUSD>
        <pctVal>0.2037168278</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.550000000000000</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>Fifth Third Bancorp</name>
        <lei>THRNG6BD57P9QWTQLG42</lei>
        <title>Fifth Third Bancorp 3.65 01/25/2024</title>
        <cusip>316773CX6</cusip>
        <identifiers>
          <isin value="US316773CX61"/>
          <ticker value="FITB"/>
          <other otherDesc="SEDOL" value="BFYVZS6"/>
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        <balance>235000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>247308.4400000000</valUSD>
        <pctVal>0.2806339792</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-01-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.650000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Fifth Third Bancorp</name>
        <lei>THRNG6BD57P9QWTQLG42</lei>
        <title>Fifth Third Bancorp 2.55 05/05/2027</title>
        <cusip>316773DA5</cusip>
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          <isin value="US316773DA59"/>
          <ticker value="FITB"/>
          <other otherDesc="SEDOL" value="BLB7PD4"/>
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        <balance>75000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>77610.2300000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-05-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.550000000000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ViacomCBS Inc</name>
        <lei>5KYC8KF17ROCY24M3H09</lei>
        <title>ViacomCBS Inc 4.95 01/15/2031</title>
        <cusip>92556HAB3</cusip>
        <identifiers>
          <isin value="US92556HAB33"/>
          <ticker value="VIAC"/>
          <other otherDesc="SEDOL" value="BL66P92"/>
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        <balance>120000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>142579.4400000000</valUSD>
        <pctVal>0.1617924386</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.950000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Southwest Airlines Co</name>
        <lei>UDTZ87G0STFETI6HGH41</lei>
        <title>Southwest Airlines Co 2.63 02/10/2030</title>
        <cusip>844741BF4</cusip>
        <identifiers>
          <isin value="US844741BF49"/>
          <ticker value="LUV"/>
          <other otherDesc="SEDOL" value="BKBR742"/>
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        <balance>61000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>61231.8200000000</valUSD>
        <pctVal>0.0694829877</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.625000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Southwest Airlines Co</name>
        <lei>UDTZ87G0STFETI6HGH41</lei>
        <title>Southwest Airlines Co 5.13 06/15/2027</title>
        <cusip>844741BK3</cusip>
        <identifiers>
          <isin value="US844741BK34"/>
          <ticker value="LUV"/>
          <other otherDesc="SEDOL" value="BKPVG76"/>
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        <balance>102000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>116283.9500000000</valUSD>
        <pctVal>0.1319535541</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.125000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Boeing Co/The</name>
        <lei>RVHJWBXLJ1RFUBSY1F30</lei>
        <title>Boeing Co/The 2.80 03/01/2027</title>
        <cusip>097023BU8</cusip>
        <identifiers>
          <isin value="US097023BU85"/>
          <ticker value="BA"/>
          <other otherDesc="SEDOL" value="BZBZQX3"/>
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        <balance>25000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>25573.1200000000</valUSD>
        <pctVal>0.0290191731</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>2.800000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Boeing Co/The</name>
        <lei>RVHJWBXLJ1RFUBSY1F30</lei>
        <title>Boeing Co/The 2.95 02/01/2030</title>
        <cusip>097023CN3</cusip>
        <identifiers>
          <isin value="US097023CN34"/>
          <ticker value="BA"/>
          <other otherDesc="SEDOL" value="BJGV2G9"/>
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        <balance>200000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>201943.3800000000</valUSD>
        <pctVal>0.2291558441</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.950000000000000</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>Flex Ltd</name>
        <lei>549300EAQH74YHD07T53</lei>
        <title>Flex Ltd 4.88 05/12/2030</title>
        <cusip>33938XAB1</cusip>
        <identifiers>
          <isin value="US33938XAB10"/>
          <ticker value="FLEX"/>
          <other otherDesc="SEDOL" value="BMCT8F9"/>
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        <balance>265000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>303668.8500000000</valUSD>
        <pctVal>0.3445891201</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.875000000000000</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>Flex Ltd</name>
        <lei>549300EAQH74YHD07T53</lei>
        <title>Flex Ltd 3.75 02/01/2026</title>
        <cusip>33938XAC9</cusip>
        <identifiers>
          <isin value="US33938XAC92"/>
          <ticker value="FLEX"/>
          <other otherDesc="SEDOL" value="BMCSYZ8"/>
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        <balance>50000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>53454.5900000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.750000000000000</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>Lazard Group LLC</name>
        <lei>FI94J2CJ1D7BIGVMS874</lei>
        <title>Lazard Group LLC 4.38 03/11/2029</title>
        <cusip>52107QAK1</cusip>
        <identifiers>
          <isin value="US52107QAK13"/>
          <ticker value="LAZ"/>
          <other otherDesc="SEDOL" value="BJ1G5H1"/>
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        <balance>368000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>415455.3000000000</valUSD>
        <pctVal>0.4714391229</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.375000000000000</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>Leidos Inc</name>
        <lei>5493006I78VIN6J1BQ95</lei>
        <title>Leidos Inc 4.38 05/15/2030</title>
        <cusip>52532XAF2</cusip>
        <identifiers>
          <isin value="US52532XAF24"/>
          <ticker value="LDOS"/>
          <other otherDesc="SEDOL" value="BLNB3J6"/>
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        <balance>325000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>365482.0000000000</valUSD>
        <pctVal>0.4147317738</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.375000000000000</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>Eli Lilly &amp; Co</name>
        <lei>FRDRIPF3EKNDJ2CQJL29</lei>
        <title>Eli Lilly &amp; Co 3.38 03/15/2029</title>
        <cusip>532457BV9</cusip>
        <identifiers>
          <isin value="US532457BV93"/>
          <ticker value="LLY"/>
          <other otherDesc="SEDOL" value="BJJCRJ7"/>
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        <balance>88000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>96893.0200000000</valUSD>
        <pctVal>0.1099496393</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.375000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Lockheed Martin Corp</name>
        <lei>DPRBOZP0K5RM2YE8UU08</lei>
        <title>Lockheed Martin Corp 3.55 01/15/2026</title>
        <cusip>539830BH1</cusip>
        <identifiers>
          <isin value="US539830BH11"/>
          <ticker value="LMT"/>
          <other otherDesc="SEDOL" value="BDCRZH1"/>
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        <balance>260000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>281568.9300000000</valUSD>
        <pctVal>0.3195111710</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.550000000000000</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>Asian Development Bank</name>
        <lei>549300X0MVH42CY8Q105</lei>
        <title>Asian Development Bank 2.63 01/30/2024</title>
        <cusip>045167EL3</cusip>
        <identifiers>
          <isin value="US045167EL39"/>
          <ticker value="ASIA"/>
          <other otherDesc="SEDOL" value="BH0B4N2"/>
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        <balance>50000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>52095.6300000000</valUSD>
        <pctVal>0.0591156693</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-01-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.625000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Asian Development Bank</name>
        <lei>549300X0MVH42CY8Q105</lei>
        <title>Asian Development Bank 0.38 09/03/2025</title>
        <cusip>045167EW9</cusip>
        <identifiers>
          <isin value="US045167EW93"/>
          <ticker value="ASIA"/>
          <other otherDesc="SEDOL" value="BN139X4"/>
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        <balance>150000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>146328.8100000000</valUSD>
        <pctVal>0.1660470473</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-09-03</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.375000000000000</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>MPLX LP</name>
        <lei>5493000CZJ19CK4P3G36</lei>
        <title>MPLX LP 2.65 08/15/2030</title>
        <cusip>55336VBQ2</cusip>
        <identifiers>
          <isin value="US55336VBQ23"/>
          <ticker value="MPLX"/>
          <other otherDesc="SEDOL" value="BKP8MY6"/>
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        <balance>149000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>147884.8700000000</valUSD>
        <pctVal>0.1678127909</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.650000000000000</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>Marathon Petroleum Corp</name>
        <lei>3BNYRYQHD39K4LCKQF12</lei>
        <title>Marathon Petroleum Corp 4.70 05/01/2025</title>
        <cusip>56585ABH4</cusip>
        <identifiers>
          <isin value="US56585ABH41"/>
          <ticker value="MPC"/>
          <other otherDesc="SEDOL" value="BMDWQJ7"/>
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        <balance>40000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>43720.5600000000</valUSD>
        <pctVal>0.0496120340</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.700000000000000</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>Florida Power &amp; Light Co</name>
        <lei>A89MY1K3YLIGJMYWVX50</lei>
        <title>Florida Power &amp; Light Co 3.13 12/01/2025</title>
        <cusip>341081FM4</cusip>
        <identifiers>
          <isin value="US341081FM41"/>
          <ticker value="NEE"/>
          <other otherDesc="SEDOL" value="BDCRZK4"/>
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        <balance>65000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>69191.0000000000</valUSD>
        <pctVal>0.0785146906</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.125000000000000</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>Asian Infrastructure Investment Bank/The</name>
        <lei>25490065OSV2524LCR32</lei>
        <title>Asian Infrastructure Investment Bank/The 0.50 05/28/2025</title>
        <cusip>04522KAB2</cusip>
        <identifiers>
          <isin value="US04522KAB26"/>
          <ticker value="AIIB"/>
          <other otherDesc="SEDOL" value="BMH5NL3"/>
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        <balance>225000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>220975.6700000000</valUSD>
        <pctVal>0.2507527911</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-05-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.500000000000000</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>Asian Infrastructure Investment Bank/The</name>
        <lei>25490065OSV2524LCR32</lei>
        <title>Asian Infrastructure Investment Bank/The 0.25 09/29/2023</title>
        <cusip>04522KAC0</cusip>
        <identifiers>
          <isin value="US04522KAC09"/>
          <ticker value="AIIB"/>
          <other otherDesc="SEDOL" value="BM942D3"/>
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        <balance>150000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>149086.9000000000</valUSD>
        <pctVal>0.1691767980</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-09-29</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.250000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Marvell Technology Inc</name>
        <lei>N/A</lei>
        <title>Marvell Technology Inc 2.95 04/15/2031</title>
        <cusip>573874AJ3</cusip>
        <identifiers>
          <isin value="US573874AJ32"/>
          <ticker value="MRVL"/>
          <other otherDesc="SEDOL" value="BMW4QC7"/>
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        <balance>375000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>383631.4800000000</valUSD>
        <pctVal>0.4353269496</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.950000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Merck &amp; Co Inc</name>
        <lei>4YV9Y5M8S0BRK1RP0397</lei>
        <title>Merck &amp; Co Inc 3.40 03/07/2029</title>
        <cusip>58933YAX3</cusip>
        <identifiers>
          <isin value="US58933YAX31"/>
          <ticker value="MRK"/>
          <other otherDesc="SEDOL" value="BJ0KX03"/>
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        <balance>200000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>219046.6600000000</valUSD>
        <pctVal>0.2485638413</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-07</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.400000000000000</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>AstraZeneca PLC</name>
        <lei>PY6ZZQWO2IZFZC3IOL08</lei>
        <title>AstraZeneca PLC 4.00 01/17/2029</title>
        <cusip>046353AT5</cusip>
        <identifiers>
          <isin value="US046353AT52"/>
          <ticker value="AZN"/>
          <other otherDesc="SEDOL" value="BDTYM07"/>
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        <balance>200000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>226285.6300000000</valUSD>
        <pctVal>0.2567782838</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</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>Autodesk Inc</name>
        <lei>FRKKVKAIQEF3FCSTPG55</lei>
        <title>Autodesk Inc 2.85 01/15/2030</title>
        <cusip>052769AG1</cusip>
        <identifiers>
          <isin value="US052769AG12"/>
          <ticker value="ADSK"/>
          <other otherDesc="SEDOL" value="BL1M7G6"/>
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        <balance>200000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>209747.8800000000</valUSD>
        <pctVal>0.2380120234</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.850000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Boeing Co/The</name>
        <lei>RVHJWBXLJ1RFUBSY1F30</lei>
        <title>Boeing Co/The 5.15 05/01/2030</title>
        <cusip>097023CY9</cusip>
        <identifiers>
          <isin value="US097023CY98"/>
          <ticker value="BA"/>
          <other otherDesc="SEDOL" value="BM8XFR6"/>
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        <balance>125000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>145187.6200000000</valUSD>
        <pctVal>0.1647520786</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.150000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Boeing Co/The</name>
        <lei>RVHJWBXLJ1RFUBSY1F30</lei>
        <title>Boeing Co/The 2.20 02/04/2026</title>
        <cusip>097023DG7</cusip>
        <identifiers>
          <isin value="US097023DG73"/>
          <ticker value="BA"/>
          <other otherDesc="SEDOL" value="BKPSXR6"/>
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        <balance>75000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>74885.9200000000</valUSD>
        <pctVal>0.0849770178</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-02-04</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.196000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Merck &amp; Co Inc</name>
        <lei>4YV9Y5M8S0BRK1RP0397</lei>
        <title>Merck &amp; Co Inc 0.75 02/24/2026</title>
        <cusip>58933YAY1</cusip>
        <identifiers>
          <isin value="US58933YAY14"/>
          <ticker value="MRK"/>
          <other otherDesc="SEDOL" value="BMBQJW5"/>
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        <balance>220000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>214421.5500000000</valUSD>
        <pctVal>0.2433154841</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-02-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.750000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MetLife Inc</name>
        <lei>C4BXATY60WC6XEOZDX54</lei>
        <title>MetLife Inc 3.60 11/13/2025</title>
        <cusip>59156RBQ0</cusip>
        <identifiers>
          <isin value="US59156RBQ02"/>
          <ticker value="MET"/>
          <other otherDesc="SEDOL" value="BYQ29N3"/>
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        <balance>460000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>498289.3000000000</valUSD>
        <pctVal>0.5654352479</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-11-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.600000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AutoNation Inc</name>
        <lei>N/A</lei>
        <title>AutoNation Inc 3.80 11/15/2027</title>
        <cusip>05329WAP7</cusip>
        <identifiers>
          <isin value="US05329WAP77"/>
          <ticker value="AN"/>
          <other otherDesc="SEDOL" value="BD390X7"/>
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        <balance>66000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>70875.3700000000</valUSD>
        <pctVal>0.0804260344</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.800000000000000</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>AutoNation Inc</name>
        <lei>N/A</lei>
        <title>AutoNation Inc 4.75 06/01/2030</title>
        <cusip>05329WAQ5</cusip>
        <identifiers>
          <isin value="US05329WAQ50"/>
          <ticker value="AN"/>
          <other otherDesc="SEDOL" value="BMG4PG0"/>
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        <balance>190000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>220111.7400000000</valUSD>
        <pctVal>0.2497724440</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.750000000000000</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>BorgWarner Inc</name>
        <lei>549300DSFX2IE88NSX47</lei>
        <title>BorgWarner Inc 2.65 07/01/2027</title>
        <cusip>099724AL0</cusip>
        <identifiers>
          <isin value="US099724AL02"/>
          <ticker value="BWA"/>
          <other otherDesc="SEDOL" value="BLFB190"/>
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        <balance>180000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>186640.0400000000</valUSD>
        <pctVal>0.2117903340</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.650000000000000</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>Boston Properties LP</name>
        <lei>BVHHEFJI6SHNOKQT2572</lei>
        <title>Boston Properties LP 3.65 02/01/2026</title>
        <cusip>10112RAX2</cusip>
        <identifiers>
          <isin value="US10112RAX26"/>
          <ticker value="BXP"/>
          <other otherDesc="SEDOL" value="BZCR7P7"/>
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        <balance>75000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>80705.8900000000</valUSD>
        <pctVal>0.0915812459</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.650000000000000</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>Microsoft Corp</name>
        <lei>INR2EJN1ERAN0W5ZP974</lei>
        <title>Microsoft Corp 2.88 02/06/2024</title>
        <cusip>594918BX1</cusip>
        <identifiers>
          <isin value="US594918BX11"/>
          <ticker value="MSFT"/>
          <other otherDesc="SEDOL" value="BYP2NV0"/>
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        <balance>150000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>156182.9200000000</valUSD>
        <pctVal>0.1772290276</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-02-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.875000000000000</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>Micron Technology Inc</name>
        <lei>B3DXGBC8GAIYWI2Z0172</lei>
        <title>Micron Technology Inc 4.19 02/15/2027</title>
        <cusip>595112BP7</cusip>
        <identifiers>
          <isin value="US595112BP79"/>
          <ticker value="MU"/>
          <other otherDesc="SEDOL" value="BK53BK0"/>
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        <balance>75000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>82210.1300000000</valUSD>
        <pctVal>0.0932881867</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.185000000000000</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>Molson Coors Beverage Co</name>
        <lei>54930073LBBH6ZCBE225</lei>
        <title>Molson Coors Beverage Co 3.00 07/15/2026</title>
        <cusip>60871RAG5</cusip>
        <identifiers>
          <isin value="US60871RAG56"/>
          <ticker value="TAP"/>
          <other otherDesc="SEDOL" value="BYT4Q68"/>
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        <balance>245000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>256581.2600000000</valUSD>
        <pctVal>0.2911563390</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>3.000000000000000</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>Mondelez International Inc</name>
        <lei>549300DV9GIB88LZ5P30</lei>
        <title>Mondelez International Inc 1.50 02/04/2031</title>
        <cusip>609207AX3</cusip>
        <identifiers>
          <isin value="US609207AX34"/>
          <ticker value="MDLZ"/>
          <other otherDesc="SEDOL" value="BN6LBY8"/>
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        <balance>75000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>70433.9800000000</valUSD>
        <pctVal>0.0799251658</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-04</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.500000000000000</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>Boston Properties LP</name>
        <lei>BVHHEFJI6SHNOKQT2572</lei>
        <title>Boston Properties LP 3.25 01/30/2031</title>
        <cusip>10112RBD5</cusip>
        <identifiers>
          <isin value="US10112RBD52"/>
          <ticker value="BXP"/>
          <other otherDesc="SEDOL" value="BM9KMK8"/>
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        <balance>350000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>366275.7400000000</valUSD>
        <pctVal>0.4156324726</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.250000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BP Capital Markets America Inc</name>
        <lei>5493009NTB34VXE1T760</lei>
        <title>BP Capital Markets America Inc 3.22 11/28/2023</title>
        <cusip>10373QAW0</cusip>
        <identifiers>
          <isin value="US10373QAW06"/>
          <ticker value="BPLN"/>
          <other otherDesc="SEDOL" value="BHNZLG3"/>
        </identifiers>
        <balance>100000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>104266.6700000000</valUSD>
        <pctVal>0.1183169103</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-11-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.216000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BP Capital Markets America Inc</name>
        <lei>5493009NTB34VXE1T760</lei>
        <title>BP Capital Markets America Inc 3.63 04/06/2030</title>
        <cusip>10373QBL3</cusip>
        <identifiers>
          <isin value="US10373QBL32"/>
          <ticker value="BPLN"/>
          <other otherDesc="SEDOL" value="BMC5GZ3"/>
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        <balance>160000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>175979.5400000000</valUSD>
        <pctVal>0.1996933003</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.633000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bristol-Myers Squibb Co</name>
        <lei>HLYYNH7UQUORYSJQCN42</lei>
        <title>Bristol-Myers Squibb Co 3.25 02/27/2027</title>
        <cusip>110122BB3</cusip>
        <identifiers>
          <isin value="US110122BB30"/>
          <ticker value="BMY"/>
          <other otherDesc="SEDOL" value="BDRHC31"/>
        </identifiers>
        <balance>179000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>194149.4600000000</valUSD>
        <pctVal>0.2203116704</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-02-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.250000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AvalonBay Communities Inc</name>
        <lei>K9G90K85RBWD2LAGQX17</lei>
        <title>AvalonBay Communities Inc 3.20 01/15/2028</title>
        <cusip>05348EBC2</cusip>
        <identifiers>
          <isin value="US05348EBC21"/>
          <ticker value="AVB"/>
          <other otherDesc="SEDOL" value="BD5W7Z5"/>
        </identifiers>
        <balance>90000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>97387.2400000000</valUSD>
        <pctVal>0.1105104569</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.200000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Equitable Holdings Inc</name>
        <lei>549300FIBAKMNHPZ4009</lei>
        <title>Equitable Holdings Inc 4.35 04/20/2028</title>
        <cusip>054561AJ4</cusip>
        <identifiers>
          <isin value="US054561AJ49"/>
          <ticker value="EQH"/>
          <other otherDesc="SEDOL" value="BJ2L542"/>
        </identifiers>
        <balance>151000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>169988.4600000000</valUSD>
        <pctVal>0.1928949047</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.350000000000001</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BP Capital Markets PLC</name>
        <lei>549300CRVT18MXX0AG93</lei>
        <title>BP Capital Markets PLC 3.28 09/19/2027</title>
        <cusip>05565QDN5</cusip>
        <identifiers>
          <isin value="US05565QDN51"/>
          <ticker value="BPLN"/>
          <other otherDesc="SEDOL" value="BF97NH4"/>
        </identifiers>
        <balance>90000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>96298.5600000000</valUSD>
        <pctVal>0.1092750740</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.279000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Baker Hughes Holdings LLC / Baker Hughes Co-Obligor Inc</name>
        <lei>N/A</lei>
        <title>Baker Hughes Holdings LLC / Baker Hughes Co-Obligor Inc 3.34 12/15/2027</title>
        <cusip>05723KAE0</cusip>
        <identifiers>
          <isin value="US05723KAE01"/>
          <ticker value="BHI"/>
          <other otherDesc="SEDOL" value="BGDLVQ4"/>
        </identifiers>
        <balance>100000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>106914.0800000000</valUSD>
        <pctVal>0.1213210665</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.337000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bristol-Myers Squibb Co</name>
        <lei>HLYYNH7UQUORYSJQCN42</lei>
        <title>Bristol-Myers Squibb Co 3.45 11/15/2027</title>
        <cusip>110122DD7</cusip>
        <identifiers>
          <isin value="US110122DD77"/>
          <ticker value="BMY"/>
          <other otherDesc="SEDOL" value="BMWV985"/>
        </identifiers>
        <balance>165000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>179617.8400000000</valUSD>
        <pctVal>0.2038218719</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.450000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bristol-Myers Squibb Co</name>
        <lei>HLYYNH7UQUORYSJQCN42</lei>
        <title>Bristol-Myers Squibb Co 1.45 11/13/2030</title>
        <cusip>110122DQ8</cusip>
        <identifiers>
          <isin value="US110122DQ80"/>
          <ticker value="BMY"/>
          <other otherDesc="SEDOL" value="BMCWGX2"/>
        </identifiers>
        <balance>226000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>215913.6900000000</valUSD>
        <pctVal>0.2450086944</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.450000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Brixmor Operating Partnership LP</name>
        <lei>549300CJHBL7JBUA6503</lei>
        <title>Brixmor Operating Partnership LP 3.90 03/15/2027</title>
        <cusip>11120VAE3</cusip>
        <identifiers>
          <isin value="US11120VAE39"/>
          <ticker value="BRX"/>
          <other otherDesc="SEDOL" value="BF0BHP1"/>
        </identifiers>
        <balance>145000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>157774.5900000000</valUSD>
        <pctVal>0.1790351798</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.900000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Brixmor Operating Partnership LP</name>
        <lei>549300CJHBL7JBUA6503</lei>
        <title>Brixmor Operating Partnership LP 3.65 06/15/2024</title>
        <cusip>11120VAF0</cusip>
        <identifiers>
          <isin value="US11120VAF04"/>
          <ticker value="BRX"/>
          <other otherDesc="SEDOL" value="BF6Q7H2"/>
        </identifiers>
        <balance>163000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>171935.9000000000</valUSD>
        <pctVal>0.1951047679</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.650000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Broadcom Inc</name>
        <lei>549300WV6GIDOZJTV909</lei>
        <title>Broadcom Inc 4.11 09/15/2028</title>
        <cusip>11135FAL5</cusip>
        <identifiers>
          <isin value="US11135FAL58"/>
          <ticker value="AVGO"/>
          <other otherDesc="SEDOL" value="BKXB935"/>
        </identifiers>
        <balance>185000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>202569.3500000000</valUSD>
        <pctVal>0.2298661653</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.110000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Broadcom Inc</name>
        <lei>549300WV6GIDOZJTV909</lei>
        <title>Broadcom Inc 2.60 02/15/2033</title>
        <cusip>11135FBF7</cusip>
        <identifiers>
          <isin value="US11135FBF71"/>
          <ticker value="AVGO"/>
          <other otherDesc="SEDOL" value="BMCGSY9"/>
        </identifiers>
        <balance>225000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>215595.1100000000</valUSD>
        <pctVal>0.2446471848</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.600000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Brookfield Finance Inc</name>
        <lei>549300XH8D8K6OYWGD17</lei>
        <title>Brookfield Finance Inc 3.90 01/25/2028</title>
        <cusip>11271LAC6</cusip>
        <identifiers>
          <isin value="US11271LAC63"/>
          <ticker value="BAMACN"/>
          <other otherDesc="SEDOL" value="BD0FYX6"/>
        </identifiers>
        <balance>285000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>315208.8900000000</valUSD>
        <pctVal>0.3576842145</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.900000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bunge Ltd Finance Corp</name>
        <lei>549300QHC068L40NNM71</lei>
        <title>Bunge Ltd Finance Corp 3.25 08/15/2026</title>
        <cusip>120568AX8</cusip>
        <identifiers>
          <isin value="US120568AX84"/>
          <ticker value="BG"/>
          <other otherDesc="SEDOL" value="BD4FYR6"/>
        </identifiers>
        <balance>120000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>127760.7300000000</valUSD>
        <pctVal>0.1449768639</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.250000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Burlington Resources LLC</name>
        <lei>0FJ5X7MVCTSE8OEPQE56</lei>
        <title>Burlington Resources LLC 7.40 12/01/2031</title>
        <cusip>12201PAN6</cusip>
        <identifiers>
          <isin value="US12201PAN69"/>
          <ticker value="COP"/>
          <other otherDesc="SEDOL" value="2977953"/>
        </identifiers>
        <balance>30000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>43382.1100000000</valUSD>
        <pctVal>0.0492279768</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.400000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cigna Corp</name>
        <lei>549300VIWYMSIGT1U456</lei>
        <title>Cigna Corp 3.20 03/15/2040</title>
        <cusip>125523CJ7</cusip>
        <identifiers>
          <isin value="US125523CJ75"/>
          <ticker value="CI"/>
          <other otherDesc="SEDOL" value="BL6BBD3"/>
        </identifiers>
        <balance>300000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>308950.6800000000</valUSD>
        <pctVal>0.3505826923</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.200000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CVS Health Corp</name>
        <lei>549300EJG376EN5NQE29</lei>
        <title>CVS Health Corp 2.88 06/01/2026</title>
        <cusip>126650CU2</cusip>
        <identifiers>
          <isin value="US126650CU24"/>
          <ticker value="CVS"/>
          <other otherDesc="SEDOL" value="BD72463"/>
        </identifiers>
        <balance>25000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>26213.5500000000</valUSD>
        <pctVal>0.0297459029</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.875000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Intercontinental Exchange Inc</name>
        <lei>5493000F4ZO33MV32P92</lei>
        <title>MARKIT CDX.NA.IG.37 12/26</title>
        <cusip>SPQS01KH5</cusip>
        <identifiers>
          <ticker value="/CDS"/>
          <other otherDesc="Internal ID" value="SPQS01KH5"/>
        </identifiers>
        <balance>1500000.0000000000</balance>
        <units>OU</units>
        <descOthUnits>Swap Contract Amount</descOthUnits>
        <curCd>USD</curCd>
        <valUSD>33547.77000000002</valUSD>
        <pctVal>0.0380684306</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-20</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>Bank of America</counterpartyName>
              <counterpartyLei>B4TYDEB6GKMZO031MB27</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Markit CDX North America Investment Grade Index</issuerName>
                <issueTitle>Markit CDX North America Investment Grade Index Series 37</issueTitle>
                <identifiers>
                  <ticker value="CDX.NA.IG"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <fixedRecDesc amount="3000.0000000000" curCd="USD" fixedOrFloating="Fixed" fixedRt="1.000000000000"/>
            <floatingPmntDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="Markit CDX North America Investment Grade Index Series 37" floatingRtSpread="0.000000000000" pmntAmt="0.000000000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Month" rateTenorUnit="3" resetDt="Month" resetDtUnit="3"/>
              </rtResetTenors>
            </floatingPmntDesc>
            <terminationDt>2026-12-20</terminationDt>
            <upfrontPmnt>35813.770000000020</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.000000000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>1500000.0000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-2266</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2022-01-24</ncom:dateSigned>
      <ncom:nameOfApplicant>American Century ETF Trust</ncom:nameOfApplicant>
      <ncom:signature>Amy R. Bitter</ncom:signature>
      <ncom:signerName>Amy R. Bitter</ncom:signerName>
      <ncom:title>Assistant Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
