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          <ticker value="PENN"/>
          <other otherDesc="SEDOL" value="BLNB404"/>
        </identifiers>
        <balance>735000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>594670.1300000000</valUSD>
        <pctVal>0.5199717227</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.125000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="448789.500000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sempra Energy</name>
        <lei>PBBKGKLRK5S5C0Y4T545</lei>
        <title>Sempra Energy 4.13 04/01/2052</title>
        <cusip>816851BM0</cusip>
        <identifiers>
          <isin value="US816851BM02"/>
          <ticker value="SRE"/>
          <other otherDesc="SEDOL" value="BMVVWC1"/>
        </identifiers>
        <balance>540000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>454701.6500000000</valUSD>
        <pctVal>0.3975851288</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-04-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.125000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="229660.580000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tenet Healthcare Corp</name>
        <lei>0W9AIBT6U6ADJ2I8HK17</lei>
        <title>Tenet Healthcare Corp 6.13 10/01/2028</title>
        <cusip>88033GDJ6</cusip>
        <identifiers>
          <isin value="US88033GDJ67"/>
          <ticker value="THC"/>
          <other otherDesc="SEDOL" value="BMTXLB1"/>
        </identifiers>
        <balance>257000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>236122.6100000000</valUSD>
        <pctVal>0.2064624976</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.125000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="181027.200000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>United Natural Foods Inc</name>
        <lei>549300GKGW6WPZ282D40</lei>
        <title>United Natural Foods Inc 6.75 10/15/2028</title>
        <cusip>911163AA1</cusip>
        <identifiers>
          <isin value="US911163AA17"/>
          <ticker value="UNFI"/>
          <other otherDesc="SEDOL" value="BMV3XY6"/>
        </identifiers>
        <balance>505000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>485875.6500000000</valUSD>
        <pctVal>0.4248432635</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.750000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="224831.250000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wynn Las Vegas LLC / Wynn Las Vegas Capital Corp</name>
        <lei>N/A</lei>
        <title>Wynn Las Vegas LLC / Wynn Las Vegas Capital Corp 5.25 05/15/2027</title>
        <cusip>983130AX3</cusip>
        <identifiers>
          <isin value="US983130AX35"/>
          <ticker value="WYNNLV"/>
          <other otherDesc="SEDOL" value="BD3N0P1"/>
        </identifiers>
        <balance>405000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>365994.4500000000</valUSD>
        <pctVal>0.3200207225</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.250000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="277924.320000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>State Street Navigator Securities Lending Trust - State Street Navigator Securities Lending Government Money Market Portfolio</name>
        <lei>5493008BJIBKQ5KTIF74</lei>
        <title>State Street Navigator Securities Lending Government Money Market Portfolio</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Series ID" value="S000009767"/>
        </identifiers>
        <balance>3733687.5000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3733687.5000000000</valUSD>
        <pctVal>3.2646871322</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <cashCollateralCondition cashCollateralVal="3733687.500000000000" isCashCollateral="Y"/>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AMMC CDO</name>
        <lei>549300LU2QIHE9T9V444</lei>
        <title>AMMC CLO XIV Ltd 6.38</title>
        <cusip>00175LAN2</cusip>
        <identifiers>
          <isin value="US00175LAN29"/>
          <ticker value="AMMC"/>
        </identifiers>
        <balance>500000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>479253.1500000000</valUSD>
        <pctVal>0.4190526368</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.383000000000000</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>AT&amp;T Inc</name>
        <lei>549300Z40J86GGSTL398</lei>
        <title>AT&amp;T Inc 4.50 05/15/2035</title>
        <cusip>00206RCP5</cusip>
        <identifiers>
          <isin value="US00206RCP55"/>
          <ticker value="T"/>
          <other otherDesc="SEDOL" value="BX2KBF0"/>
        </identifiers>
        <balance>160000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>150465.7600000000</valUSD>
        <pctVal>0.1315652771</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.500000000000000</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>American Airlines Inc/AAdvantage Loyalty IP Ltd</name>
        <lei>N/A</lei>
        <title>American Airlines Inc/AAdvantage Loyalty IP Ltd 5.50 04/20/2026</title>
        <cusip>00253XAA9</cusip>
        <identifiers>
          <isin value="US00253XAA90"/>
          <ticker value="AAL"/>
          <other otherDesc="SEDOL" value="BM8H716"/>
        </identifiers>
        <balance>205000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>195295.3000000000</valUSD>
        <pctVal>0.1707636359</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-04-20</maturityDt>
          <couponKind>Fixed</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>AerCap Ireland Capital DAC / AerCap Global Aviation Trust</name>
        <lei>N/A</lei>
        <title>AerCap Ireland Capital DAC / AerCap Global Aviation Trust 3.00 10/29/2028</title>
        <cusip>00774MAW5</cusip>
        <identifiers>
          <isin value="US00774MAW55"/>
          <ticker value="AER"/>
          <other otherDesc="SEDOL" value="BNVW1T1"/>
        </identifiers>
        <balance>295000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>250962.2900000000</valUSD>
        <pctVal>0.2194381182</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-29</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>Air Lease Corp</name>
        <lei>5493004NW4M4P8TMMK63</lei>
        <title>Air Lease Corp (pfd) 4.13% 12/15/2170 Perpetual</title>
        <cusip>00912XBK9</cusip>
        <identifiers>
          <isin value="US00912XBK90"/>
          <ticker value="AL"/>
          <other otherDesc="SEDOL" value="BMVRDL5"/>
        </identifiers>
        <balance>526000.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>396472.5000000000</valUSD>
        <pctVal>0.3466703277</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Aircastle Ltd</name>
        <lei>549300PNK8AKY3OIKP58</lei>
        <title>Aircastle Ltd (pfd) 5.25% 09/15/2170 Perpetual</title>
        <cusip>00928QAW1</cusip>
        <identifiers>
          <isin value="US00928QAW15"/>
          <ticker value="AYR"/>
          <other otherDesc="SEDOL" value="BMJ1C23"/>
        </identifiers>
        <balance>685000.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>541173.5900000000</valUSD>
        <pctVal>0.4731950533</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Aligned Data Centers Issuer LLC</name>
        <lei>N/A</lei>
        <title>Aligned Data Centers Issuer LLC 2.48</title>
        <cusip>01627AAB4</cusip>
        <identifiers>
          <isin value="US01627AAB44"/>
          <ticker value="ADC"/>
        </identifiers>
        <balance>400000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>339143.7200000000</valUSD>
        <pctVal>0.2965427981</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.482000000000000</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>ATI Inc</name>
        <lei>ZW1LRE7C3H17O2ZN9B45</lei>
        <title>ATI Inc 4.88 10/01/2029</title>
        <cusip>01741RAL6</cusip>
        <identifiers>
          <isin value="US01741RAL69"/>
          <ticker value="ATI"/>
          <other otherDesc="SEDOL" value="BNTFNZ2"/>
        </identifiers>
        <balance>295000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>264303.9100000000</valUSD>
        <pctVal>0.2311038548</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-01</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>Allegiant Travel Co</name>
        <lei>549300JM9OZXOHWL2K18</lei>
        <title>Allegiant Travel Co 7.25 08/15/2027</title>
        <cusip>01748XAD4</cusip>
        <identifiers>
          <isin value="US01748XAD49"/>
          <ticker value="ALGT"/>
          <other otherDesc="SEDOL" value="BM8WZQ2"/>
        </identifiers>
        <balance>475000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>472356.6300000000</valUSD>
        <pctVal>0.4130224106</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>7.250000000000000</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>Allianz SE</name>
        <lei>529900K9B0N5BT694847</lei>
        <title>Allianz SE (pfd) 3.20% 04/30/2171 Perpetual</title>
        <cusip>018820AB6</cusip>
        <identifiers>
          <isin value="US018820AB64"/>
          <ticker value="ALVGR"/>
          <other otherDesc="SEDOL" value="BLHM470"/>
        </identifiers>
        <balance>585000.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>447036.7300000000</valUSD>
        <pctVal>0.3908830238</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <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 3.5 9/22 MBS 30yr</title>
        <cusip>01F032690</cusip>
        <identifiers>
          <isin value="US01F0326904"/>
          <ticker value="FNCL"/>
          <other otherDesc="SEDOL" value="B8HCC42"/>
        </identifiers>
        <balance>1680000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1601118.7400000000</valUSD>
        <pctVal>1.3999971202</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-03-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.500000000000000</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>AMERICAN AIRLINES INC</name>
        <lei>IWUQB36BXD6OWD6X4T14</lei>
        <title>American Airlines Inc 11.75 07/15/2025</title>
        <cusip>023771S58</cusip>
        <identifiers>
          <isin value="US023771S586"/>
          <ticker value="AAL"/>
          <other otherDesc="SEDOL" value="BMFQ8S0"/>
        </identifiers>
        <balance>490000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>542082.1000000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>American Campus Communities Operating Partnership LP</name>
        <lei>RDKVCX5HITZ2GPIR7153</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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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>American Electric Power Co Inc</name>
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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>Angel Oak Mortgage Trust 2020-2</name>
        <lei>N/A</lei>
        <title>Angel Oak Mortgage Trust 2020-2 3.86</title>
        <cusip>03464XAB6</cusip>
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          <isin value="US03464XAB64"/>
          <ticker value="AOMT"/>
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        <balance>215731.4300000000</balance>
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        <curCd>USD</curCd>
        <valUSD>208931.0400000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2065-01-26</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.860000000000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Angel Oak Mortgage Trust 2021-3</name>
        <lei>N/A</lei>
        <title>Angel Oak Mortgage Trust 2021-3 2.48</title>
        <cusip>03465EAD3</cusip>
        <identifiers>
          <isin value="US03465EAD31"/>
          <ticker value="AOMT"/>
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        <balance>600000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>456879.6600000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2066-05-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.479000000000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Apple Inc</name>
        <lei>HWUPKR0MPOU8FGXBT394</lei>
        <title>Apple Inc 3.25 08/08/2029</title>
        <cusip>037833EN6</cusip>
        <identifiers>
          <isin value="US037833EN61"/>
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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>Applebee's Funding LLC / IHOP Funding LLC</name>
        <lei>N/A</lei>
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        <cusip>03789XAD0</cusip>
        <identifiers>
          <isin value="US03789XAD03"/>
          <ticker value="DIN"/>
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        <balance>574200.0000000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-06-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.194000000000000</annualizedRt>
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      <invstOrSec>
        <name>ARES CLO</name>
        <lei>N/A</lei>
        <title>Ares XL CLO Ltd 5.31</title>
        <cusip>04016GBK3</cusip>
        <identifiers>
          <isin value="US04016GBK31"/>
          <ticker value="ARES"/>
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        <balance>350000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>322320.7400000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.312000000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Arroyo Mortgage Trust 2019-1</name>
        <lei>N/A</lei>
        <title>Arroyo Mortgage Trust 2019-1 4.12</title>
        <cusip>042859AD0</cusip>
        <identifiers>
          <isin value="US042859AD09"/>
          <ticker value="ARRW"/>
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        <balance>590000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>542071.9400000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-01-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.116074000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BDS 2020-FL6 Ltd</name>
        <lei>N/A</lei>
        <title>BDS 2020-FL6 Ltd 5.37</title>
        <cusip>05492XAJ0</cusip>
        <identifiers>
          <isin value="US05492XAJ00"/>
          <ticker value="BDS"/>
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        <balance>243000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>231932.3000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-09-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.372050000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>BNP Paribas SA</name>
        <lei>R0MUWSFPU8MPRO8K5P83</lei>
        <title>BNP Paribas SA (pfd) 7.75% 02/16/2171 Perpetual</title>
        <cusip>05565AM34</cusip>
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          <isin value="US05565AM341"/>
          <ticker value="BNP"/>
          <other otherDesc="SEDOL" value="BNBVCW8"/>
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        <valUSD>210315.0000000000</valUSD>
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        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BX Trust 2021-ARIA</name>
        <lei>N/A</lei>
        <title>BX Trust 2021-ARIA 5.53</title>
        <cusip>05608RAQ8</cusip>
        <identifiers>
          <isin value="US05608RAQ83"/>
          <ticker value="BX"/>
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        <balance>314000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>291123.4000000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-10-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.533100000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>B2W Digital Lux Sarl</name>
        <lei>222100KMO43GQ28M6N31</lei>
        <title>B2W Digital Lux Sarl 4.38 12/20/2030</title>
        <cusip>05609AAA9</cusip>
        <identifiers>
          <isin value="US05609AAA97"/>
          <ticker value="BTOWBZ"/>
          <other otherDesc="SEDOL" value="BLH34P1"/>
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        <balance>200000.0000000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>BXHPP Trust 2021-FILM</name>
        <lei>N/A</lei>
        <title>BXHPP Trust 2021-FILM 3.89</title>
        <cusip>05609JAN2</cusip>
        <identifiers>
          <isin value="US05609JAN28"/>
          <ticker value="BXHPP"/>
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        <balance>300000.0000000000</balance>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-08-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.891000000000000</annualizedRt>
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      <invstOrSec>
        <name>BXHPP Trust 2021-FILM</name>
        <lei>N/A</lei>
        <title>BXHPP Trust 2021-FILM 4.39</title>
        <cusip>05609JAQ5</cusip>
        <identifiers>
          <isin value="US05609JAQ58"/>
          <ticker value="BXHPP"/>
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        <balance>250000.0000000000</balance>
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        <valUSD>229284.6300000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-08-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.391000000000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BX Commercial Mortgage Trust 2021-VOLT</name>
        <lei>N/A</lei>
        <title>BX Commercial Mortgage Trust 2021-VOLT 4.39</title>
        <cusip>05609VAN5</cusip>
        <identifiers>
          <isin value="US05609VAN55"/>
          <ticker value="BX"/>
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        <balance>400000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>381819.4000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-09-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.391010000000000</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>Bain Capital Specialty Finance Inc</name>
        <lei>549300V2JL72R0EYBK64</lei>
        <title>Bain Capital Specialty Finance Inc 2.55 10/13/2026</title>
        <cusip>05684BAC1</cusip>
        <identifiers>
          <isin value="US05684BAC19"/>
          <ticker value="BCSF"/>
          <other otherDesc="SEDOL" value="BN4L0D2"/>
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        <balance>168000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>142309.9600000000</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>2026-10-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.550000000000000</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>Banco Santander SA</name>
        <lei>5493006QMFDDMYWIAM13</lei>
        <title>Banco Santander SA 5.29 08/18/2027</title>
        <cusip>05964HAS4</cusip>
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          <isin value="US05964HAS40"/>
          <ticker value="SANTAN"/>
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        <curCd>USD</curCd>
        <valUSD>195865.1100000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-08-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.294000000000000</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>Banco Mercantil del Norte SA/Grand Cayman</name>
        <lei>549300QTVYRPFHS0J362</lei>
        <title>Banco Mercantil del Norte SA/Grand Cayman (pfd) 8.38% 10/14/2170 Perpetual</title>
        <cusip>05971PAC2</cusip>
        <identifiers>
          <isin value="US05971PAC23"/>
          <ticker value="BANORT"/>
          <other otherDesc="SEDOL" value="BN4CPT6"/>
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        <balance>400000.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>389054.0000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Bank of America Corp</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
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        <cusip>06051GKQ1</cusip>
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          <isin value="US06051GKQ19"/>
          <ticker value="BAC"/>
          <other otherDesc="SEDOL" value="BM92KT9"/>
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        <curCd>USD</curCd>
        <valUSD>129023.9800000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-04-27</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.571000000000001</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>Bank of New York Mellon Corp/The</name>
        <lei>WFLLPEPC7FZXENRZV188</lei>
        <title>Bank of New York Mellon Corp/The (pfd) 3.75% 03/20/2171 Perpetual</title>
        <cusip>064058AL4</cusip>
        <identifiers>
          <isin value="US064058AL44"/>
          <ticker value="BK"/>
          <other otherDesc="SEDOL" value="BLH3DP4"/>
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        <balance>545000.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>460481.4000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Barclays PLC</name>
        <lei>213800LBQA1Y9L22JB70</lei>
        <title>Barclays PLC (pfd) 4.38% 12/15/2170 Perpetual</title>
        <cusip>06738EBT1</cusip>
        <identifiers>
          <isin value="US06738EBT10"/>
          <ticker value="BACR"/>
          <other otherDesc="SEDOL" value="BNVY357"/>
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        <balance>475000.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>357553.2400000000</valUSD>
        <pctVal>0.3126398398</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Bellemeade Re 2018-1 Ltd</name>
        <lei>549300O2GEH6GH9NO762</lei>
        <title>Bellemeade Re 2018-1 Ltd 5.34</title>
        <cusip>078768AE8</cusip>
        <identifiers>
          <isin value="US078768AE85"/>
          <ticker value="BMIR"/>
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        <balance>369141.0300000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>370437.5300000000</valUSD>
        <pctVal>0.3239056931</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.343710000000000</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>Bellemeade Re 2019-3 Ltd</name>
        <lei>254900SCWI9IDKK5LV64</lei>
        <title>Bellemeade Re 2019-3 Ltd 4.39</title>
        <cusip>07877GAC3</cusip>
        <identifiers>
          <isin value="BM07877GAC36"/>
          <ticker value="BMIR"/>
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        <balance>300000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>297797.4000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.393710000000000</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>Blackbird Capital Aircraft</name>
        <lei>N/A</lei>
        <title>Blackbird Capital Aircraft 3.45</title>
        <cusip>09229CAB5</cusip>
        <identifiers>
          <isin value="US09229CAB54"/>
          <ticker value="BBIRD"/>
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        <balance>469291.0400000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>377271.2800000000</valUSD>
        <pctVal>0.3298810340</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.446000000000000</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>Block Financial LLC</name>
        <lei>N/A</lei>
        <title>Block Financial LLC 3.88 08/15/2030</title>
        <cusip>093662AH7</cusip>
        <identifiers>
          <isin value="US093662AH70"/>
          <ticker value="HRB"/>
          <other otherDesc="SEDOL" value="BMF5Q16"/>
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        <balance>312000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>284141.4800000000</valUSD>
        <pctVal>0.2484495645</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>Floating</couponKind>
          <annualizedRt>3.875000000000000</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>Blue Racer Midstream LLC / Blue Racer Finance Corp</name>
        <lei>N/A</lei>
        <title>Blue Racer Midstream LLC / Blue Racer Finance Corp 7.63 12/15/2025</title>
        <cusip>095796AH1</cusip>
        <identifiers>
          <isin value="US095796AH17"/>
          <ticker value="BLURAC"/>
          <other otherDesc="SEDOL" value="BMYD741"/>
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        <balance>405000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>403697.9300000000</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>2025-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.625000000000000</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>Broadcom Inc</name>
        <lei>549300WV6GIDOZJTV909</lei>
        <title>Broadcom Inc 4.00 04/15/2029</title>
        <cusip>11135FBR1</cusip>
        <identifiers>
          <isin value="US11135FBR10"/>
          <ticker value="AVGO"/>
          <other otherDesc="SEDOL" value="BMGDDX0"/>
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        <balance>208000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>192830.3000000000</valUSD>
        <pctVal>0.1686082724</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-15</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Builders FirstSource Inc</name>
        <lei>549300W0SKP6L3H7DP63</lei>
        <title>Builders FirstSource Inc 5.00 03/01/2030</title>
        <cusip>12008RAN7</cusip>
        <identifiers>
          <isin value="US12008RAN70"/>
          <ticker value="BLDR"/>
          <other otherDesc="SEDOL" value="BKLJ920"/>
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        <balance>590000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>523698.7500000000</valUSD>
        <pctVal>0.4579152836</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>5.000000000000000</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>BX Commercial Mortgage Trust 2020-VIVA</name>
        <lei>N/A</lei>
        <title>BX Commercial Mortgage Trust 2020-VIVA 3.67</title>
        <cusip>12433XAG4</cusip>
        <identifiers>
          <isin value="US12433XAG43"/>
          <ticker value="BX"/>
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        <balance>400000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>318968.8400000000</valUSD>
        <pctVal>0.2789021490</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-03-11</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.667042000000000</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>CARS-DB4 LP</name>
        <lei>N/A</lei>
        <title>CARS-DB4 LP 3.19</title>
        <cusip>12510HAD2</cusip>
        <identifiers>
          <isin value="US12510HAD26"/>
          <ticker value="CAUTO"/>
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        <balance>397583.3300000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>376500.0400000000</valUSD>
        <pctVal>0.3292066719</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.190000000000000</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>CARS-DB4 LP</name>
        <lei>N/A</lei>
        <title>CARS-DB4 LP 4.17</title>
        <cusip>12510HAG5</cusip>
        <identifiers>
          <isin value="US12510HAG56"/>
          <ticker value="CAUTO"/>
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        <balance>100000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>92381.5600000000</valUSD>
        <pctVal>0.0807772183</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.170000000000000</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>CARS-DB4 LP</name>
        <lei>N/A</lei>
        <title>CARS-DB4 LP 4.52</title>
        <cusip>12510HAH3</cusip>
        <identifiers>
          <isin value="US12510HAH30"/>
          <ticker value="CAUTO"/>
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        <balance>100000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>87764.3600000000</valUSD>
        <pctVal>0.0767399995</pctVal>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.520000000000000</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>CDI Escrow Issuer Inc</name>
        <lei>N/A</lei>
        <title>CDI Escrow Issuer Inc 5.75 04/01/2030</title>
        <cusip>12511VAA6</cusip>
        <identifiers>
          <isin value="US12511VAA61"/>
          <ticker value="CHDN"/>
          <other otherDesc="SEDOL" value="BPP2DX9"/>
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        <balance>380000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>352522.2000000000</valUSD>
        <pctVal>0.3082407647</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>5.750000000000000</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>CIFC Funding Ltd</name>
        <lei>254900S2BZHNDNVF2L25</lei>
        <title>CIFC Funding 2017-III Ltd 6.36</title>
        <cusip>12548JAJ1</cusip>
        <identifiers>
          <isin value="US12548JAJ16"/>
          <ticker value="CIFC"/>
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        <balance>500000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>478967.3000000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
          <annualizedRt>6.359859999999999</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Clsec Holdings 22t LLC</name>
        <lei>N/A</lei>
        <title>Clsec Holdings 22t LLC 6.17</title>
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          <isin value="US12567UAC71"/>
          <ticker value="CLAF"/>
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        <balance>534508.1700000000</balance>
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        <curCd>USD</curCd>
        <valUSD>451441.7000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-05-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.171000000000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CSMC 2020-AFC1 Trust</name>
        <lei>N/A</lei>
        <title>CSMC 2020-AFC1 Trust 2.84</title>
        <cusip>12597MAD7</cusip>
        <identifiers>
          <isin value="US12597MAD74"/>
          <ticker value="CSMC"/>
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        <balance>400000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>351065.4800000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-02-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.841000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CSMC 2021-NQM1</name>
        <lei>N/A</lei>
        <title>CSMC 2021-NQM1 2.13</title>
        <cusip>126407AD7</cusip>
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          <isin value="US126407AD72"/>
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        <balance>624000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>520628.6000000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2065-05-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.130000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Credit Suisse Mortgage Capital Certificates 2019-ICE4</name>
        <lei>N/A</lei>
        <title>Credit Suisse Mortgage Capital Certificates 2019-ICE4 4.54</title>
        <cusip>12653VAJ5</cusip>
        <identifiers>
          <isin value="US12653VAJ52"/>
          <ticker value="CSMC"/>
          <other otherDesc="SEDOL" value="BK599F9"/>
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        <balance>478000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>466714.5600000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-05-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.541000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Callon Petroleum Co</name>
        <lei>549300EFOWPEB0WLZW21</lei>
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          <isin value="US13123XBF87"/>
          <ticker value="CPE"/>
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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>2030-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>Canadian Imperial Bank of Commerce</name>
        <lei>2IGI19DL77OX0HC3ZE78</lei>
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          <ticker value="CM"/>
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        <curCd>USD</curCd>
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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>2025-08-04</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.945000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>State Street Institutional US Government Money Market Fund</name>
        <lei>549300BZ5TGIFZUZDZ37</lei>
        <title>State Street Institutional US Government Money Market Fund</title>
        <cusip>857492706</cusip>
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          <isin value="US8574927062"/>
          <ticker value="GVMXX"/>
          <other otherDesc="SEDOL" value="B284MN4"/>
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        <units>NS</units>
        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Navient Corp</name>
        <lei>54930067J0ZNOEBRW338</lei>
        <title>Navient Corp 5.50 01/25/2023</title>
        <cusip>78442FEQ7</cusip>
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          <isin value="US78442FEQ72"/>
          <ticker value="NAVI"/>
          <other otherDesc="SEDOL" value="B93LNF8"/>
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        <balance>319000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>317772.6400000000</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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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Capital One Financial Corp</name>
        <lei>ZUE8T73ROZOF6FLBAR73</lei>
        <title>Capital One Financial Corp 4.99 07/24/2026</title>
        <cusip>14040HCU7</cusip>
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          <isin value="US14040HCU77"/>
          <ticker value="COF"/>
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        <balance>91000.0000000000</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>2026-07-24</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.985000000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Carnival Corp</name>
        <lei>F1OF2ZSX47CR0BCWA982</lei>
        <title>Carnival Corp 5.75 03/01/2027</title>
        <cusip>143658BN1</cusip>
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          <ticker value="CCL"/>
          <other otherDesc="SEDOL" value="BMHYR18"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>Slam 2021-1 Ltd</name>
        <lei>N/A</lei>
        <title>Slam 2021-1 Ltd 3.42</title>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>SMRT 2022-MINI</name>
        <lei>N/A</lei>
        <title>SMRT 2022-MINI 5.66</title>
        <cusip>78457JAQ5</cusip>
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          <isin value="US78457JAQ58"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>Castlelake Aircraft Securitization Trust 2018-1</name>
        <lei>N/A</lei>
        <title>Castlelake Aircraft Securitization Trust 2018-1 4.13</title>
        <cusip>14856CAA7</cusip>
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          <isin value="US14856CAA71"/>
          <ticker value="CLAST"/>
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        <balance>314227.3700000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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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>Castlelake Aircraft Structured Trust 2021-1</name>
        <lei>N/A</lei>
        <title>Castlelake Aircraft Structured Trust 2021-1 3.47</title>
        <cusip>14856GAA8</cusip>
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          <isin value="US14856GAA85"/>
          <ticker value="CLAST"/>
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        <balance>408458.4500000000</balance>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.474000000000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
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      <invstOrSec>
        <name>Celanese US Holdings LLC</name>
        <lei>CD30XVRLT4QO00B1C706</lei>
        <title>Celanese US Holdings LLC 5.90 07/05/2024</title>
        <cusip>15089QAR5</cusip>
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          <isin value="US15089QAR56"/>
          <ticker value="CE"/>
          <other otherDesc="SEDOL" value="BP9RBK3"/>
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        <curCd>USD</curCd>
        <valUSD>493862.2400000000</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>Floating</couponKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Centene Corp</name>
        <lei>549300Z7JJ4TQSQGT333</lei>
        <title>Centene Corp 3.38 02/15/2030</title>
        <cusip>15135BAV3</cusip>
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          <ticker value="CNC"/>
          <other otherDesc="SEDOL" value="BMVX1F3"/>
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        <balance>390000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>334969.0500000000</valUSD>
        <pctVal>0.2928925217</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>
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          <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>Sabey Data Center Issuer LLC</name>
        <lei>N/A</lei>
        <title>Sabey Data Center Issuer LLC 1.88</title>
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          <ticker value="SDCP"/>
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        <curCd>USD</curCd>
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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>
      <invstOrSec>
        <name>Safehold Operating Partnership LP</name>
        <lei>54930012UY5Z4Q8NL108</lei>
        <title>Safehold Operating Partnership LP 2.85 01/15/2032</title>
        <cusip>78646UAB5</cusip>
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          <isin value="US78646UAB52"/>
          <ticker value="SAFE"/>
          <other otherDesc="SEDOL" value="BLGZX95"/>
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        <balance>211000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>167281.7700000000</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>2032-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Sammons Financial Group Inc</name>
        <lei>N/A</lei>
        <title>Sammons Financial Group Inc 4.75 04/08/2032</title>
        <cusip>79588TAE0</cusip>
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          <isin value="US79588TAE01"/>
          <ticker value="SAMMON"/>
          <other otherDesc="SEDOL" value="BKVF3F9"/>
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        <balance>47000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>41317.1900000000</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>2032-04-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.750000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SAPPHIRE AVIATION FINANCE II LTD</name>
        <lei>N/A</lei>
        <title>SAPPHIRE AVIATION FINANCE II LTD 3.23</title>
        <cusip>80307AAA7</cusip>
        <identifiers>
          <isin value="US80307AAA79"/>
          <ticker value="SAPA"/>
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        <balance>192357.0300000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>167040.3800000000</valUSD>
        <pctVal>0.1460579063</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.228000000000000</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>Scientific Games International Inc</name>
        <lei>RLTHESQ0RNFQJWPBJN60</lei>
        <title>Scientific Games International Inc 7.25 11/15/2029</title>
        <cusip>80874YBE9</cusip>
        <identifiers>
          <isin value="US80874YBE95"/>
          <ticker value="LNW"/>
          <other otherDesc="SEDOL" value="BJLPYT3"/>
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        <balance>450000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>443250.0000000000</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>2029-11-15</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>
        <name>Sealed Air Corp</name>
        <lei>Q0M0CZB4YN6JZ65WXI09</lei>
        <title>Sealed Air Corp 5.00 04/15/2029</title>
        <cusip>81211KBA7</cusip>
        <identifiers>
          <isin value="US81211KBA79"/>
          <ticker value="SEE"/>
          <other otherDesc="SEDOL" value="BPX3RJ8"/>
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        <balance>375000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>356921.2500000000</valUSD>
        <pctVal>0.3120872360</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>CIFC Funding Ltd</name>
        <lei>54930076OPDXR0U68E20</lei>
        <title>CIFC Funding 2016-I Ltd 6.98</title>
        <cusip>17180TBJ0</cusip>
        <identifiers>
          <isin value="US17180TBJ07"/>
          <ticker value="CIFC"/>
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        <balance>600000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>554897.8800000000</valUSD>
        <pctVal>0.4851953916</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-10-21</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.981710000000000</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>Cogent Communications Group Inc</name>
        <lei>549300KFWFYF8Q1U0Y26</lei>
        <title>Cogent Communications Group Inc 7.00 06/15/2027</title>
        <cusip>19240CAE3</cusip>
        <identifiers>
          <isin value="US19240CAE30"/>
          <ticker value="CCOI"/>
          <other otherDesc="SEDOL" value="BQ72DM3"/>
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        <balance>600000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>574128.5600000000</valUSD>
        <pctVal>0.5020104446</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>7.000000000000000</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>Cologix Canadian Issuer LP</name>
        <lei>N/A</lei>
        <title>Cologix Canadian Issuer LP 4.94</title>
        <cusip>19521DAD3</cusip>
        <identifiers>
          <isin value="CA19521DAD36"/>
          <ticker value="CLGIX"/>
          <other otherDesc="SEDOL" value="BN0X913"/>
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        <balance>450000.0000000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>318510.3000000000</valUSD>
        <pctVal>0.2785012077</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-01-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.940000000000000</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>Cologix Canadian Issuer LP</name>
        <lei>N/A</lei>
        <title>Cologix Canadian Issuer LP 7.74</title>
        <cusip>19521DAN1</cusip>
        <identifiers>
          <isin value="CA19521DAN18"/>
          <ticker value="CLGIX"/>
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        <balance>350000.0000000000</balance>
        <units>PA</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3133500000"/>
        <valUSD>249036.0500000000</valUSD>
        <pctVal>0.2177538393</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-01-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.740000000000000</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>Sensata Technologies BV</name>
        <lei>PUCKW5P5O3XMOZVH7T53</lei>
        <title>Sensata Technologies BV 5.88 09/01/2030</title>
        <cusip>81725WAL7</cusip>
        <identifiers>
          <isin value="US81725WAL72"/>
          <ticker value="ST"/>
          <other otherDesc="SEDOL" value="BMHB6T0"/>
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        <balance>300000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>293622.0000000000</valUSD>
        <pctVal>0.2567392062</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.875000000000000</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>
        <name>ServiceMaster Funding LLC</name>
        <lei>N/A</lei>
        <title>ServiceMaster Funding LLC 2.84</title>
        <cusip>81761TAA3</cusip>
        <identifiers>
          <isin value="US81761TAA34"/>
          <ticker value="SERV"/>
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        <balance>197000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>162870.4200000000</valUSD>
        <pctVal>0.1424117483</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-01-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.841000000000000</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>ServiceMaster Funding LLC</name>
        <lei>N/A</lei>
        <title>ServiceMaster Funding LLC 3.34</title>
        <cusip>81761TAC9</cusip>
        <identifiers>
          <isin value="US81761TAC99"/>
          <ticker value="SERV"/>
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        <balance>410745.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>322939.1800000000</valUSD>
        <pctVal>0.2823737620</pctVal>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-01-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.337000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Shelter Growth CRE 2022-FL4 Issuer Ltd</name>
        <lei>N/A</lei>
        <title>Shelter Growth CRE 2022-FL4 Issuer Ltd 4.60</title>
        <cusip>82286DAA2</cusip>
        <identifiers>
          <isin value="US82286DAA28"/>
          <ticker value="SGCP"/>
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        <balance>322000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>318826.8800000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-06-17</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.597100000000000</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>Cologix Data Centers US Issuer LLC</name>
        <lei>N/A</lei>
        <title>Cologix Data Centers US Issuer LLC 3.30</title>
        <cusip>19521UAA1</cusip>
        <identifiers>
          <isin value="US19521UAA16"/>
          <ticker value="CLGIX"/>
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        <balance>550000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>508483.8600000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-12-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.300000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Colombia Government International Bond</name>
        <lei>549300MHDRBVRF6B9117</lei>
        <title>Colombia Government International Bond 6.13 01/18/2041</title>
        <cusip>195325BM6</cusip>
        <identifiers>
          <isin value="US195325BM66"/>
          <ticker value="COLOM"/>
          <other otherDesc="SEDOL" value="B512BZ1"/>
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        <balance>200000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>160545.4200000000</valUSD>
        <pctVal>0.1403787989</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CO</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-01-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.125000000000000</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>Sinclair Television Group Inc</name>
        <lei>549300CQGEN0CH65UD62</lei>
        <title>Sinclair Television Group Inc 4.13 12/01/2030</title>
        <cusip>829259BA7</cusip>
        <identifiers>
          <isin value="US829259BA72"/>
          <ticker value="SBGI"/>
          <other otherDesc="SEDOL" value="BMDX270"/>
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        <balance>736000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>600384.6400000000</valUSD>
        <pctVal>0.5249684149</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.125000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Societe Generale SA</name>
        <lei>O2RNE8IBXP4R0TD8PU41</lei>
        <title>Societe Generale SA 3.65 07/08/2035</title>
        <cusip>83368RAY8</cusip>
        <identifiers>
          <isin value="US83368RAY80"/>
          <ticker value="SOCGEN"/>
          <other otherDesc="SEDOL" value="BMHKWG6"/>
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        <balance>350000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>280661.9900000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-07-08</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.653000000000000</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>Lunar 2021-1 Structured Aircraft Portfolio Notes</name>
        <lei>N/A</lei>
        <title>Lunar 2021-1 Structured Aircraft Portfolio Notes 3.43</title>
        <cusip>83438LAB7</cusip>
        <identifiers>
          <isin value="US83438LAB71"/>
          <ticker value="SOLRR"/>
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        <balance>359468.0900000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>316199.8500000000</valUSD>
        <pctVal>0.2764809807</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.432000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Sound Point CLO Ltd</name>
        <lei>549300IYECLSB6ZQZB89</lei>
        <title>SOUND POINT CLO VII-R Ltd 5.03</title>
        <cusip>83610HAG5</cusip>
        <identifiers>
          <isin value="US83610HAG56"/>
          <ticker value="SNDPT"/>
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        <balance>500000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>469025.2000000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-10-23</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.033000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Republic of South Africa Government International Bond</name>
        <lei>378900AAFB4F17004C49</lei>
        <title>Republic of South Africa Government International Bond 5.88 06/22/2030</title>
        <cusip>836205AY0</cusip>
        <identifiers>
          <isin value="US836205AY00"/>
          <ticker value="SOAF"/>
          <other otherDesc="SEDOL" value="BD24PK5"/>
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        <balance>800000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>752016.0000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ZA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.875000000000000</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>Southwestern Energy Co</name>
        <lei>EFWMP121W54QV9MGOP87</lei>
        <title>Southwestern Energy Co 5.38 03/15/2030</title>
        <cusip>845467AS8</cusip>
        <identifiers>
          <isin value="US845467AS85"/>
          <ticker value="SWN"/>
          <other otherDesc="SEDOL" value="BMDVV88"/>
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        <balance>650000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>610129.0000000000</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>2030-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.375000000000000</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>Comstock Resources Inc</name>
        <lei>I03QQGEA4SS774AURI46</lei>
        <title>Comstock Resources Inc 5.88 01/15/2030</title>
        <cusip>205768AT1</cusip>
        <identifiers>
          <isin value="US205768AT12"/>
          <ticker value="CRK"/>
          <other otherDesc="SEDOL" value="BNKCJP4"/>
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        <balance>560000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>513046.1000000000</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>2030-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.875000000000000</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>
        <name>Corebridge Financial Inc</name>
        <lei>549300XY1661QCIA7J65</lei>
        <title>Corebridge Financial Inc 3.85 04/05/2029</title>
        <cusip>21871XAE9</cusip>
        <identifiers>
          <isin value="US21871XAE94"/>
          <ticker value="CRBG"/>
          <other otherDesc="SEDOL" value="BMCMBT3"/>
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        <balance>28000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>25805.9000000000</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>2029-04-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.850000000000000</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>
        <name>Sprint Corp</name>
        <lei>549300ZTTY7CXOLJ6539</lei>
        <title>Sprint Corp 7.13 06/15/2024</title>
        <cusip>85207UAH8</cusip>
        <identifiers>
          <isin value="US85207UAH86"/>
          <ticker value="S"/>
          <other otherDesc="SEDOL" value="BSHYYV9"/>
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        <balance>285000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>294613.0500000000</valUSD>
        <pctVal>0.2576057673</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>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>
        <name>Sprint Corp</name>
        <lei>549300ZTTY7CXOLJ6539</lei>
        <title>Sprint Corp 7.63 02/15/2025</title>
        <cusip>85207UAJ4</cusip>
        <identifiers>
          <isin value="US85207UAJ43"/>
          <ticker value="S"/>
          <other otherDesc="SEDOL" value="BVZCLQ0"/>
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        <balance>830000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>869433.3000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.625000000000000</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>Corebridge Financial Inc</name>
        <lei>549300XY1661QCIA7J65</lei>
        <title>Corebridge Financial Inc 6.88 12/15/2052</title>
        <cusip>21871XAN9</cusip>
        <identifiers>
          <isin value="US21871XAN93"/>
          <ticker value="CRBG"/>
          <other otherDesc="SEDOL" value="BM9B7N9"/>
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        <balance>170000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>164493.0600000000</valUSD>
        <pctVal>0.1438305633</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-12-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.875000000000000</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>
        <name>CrownRock LP / CrownRock Finance Inc</name>
        <lei>N/A</lei>
        <title>CrownRock LP / CrownRock Finance Inc 5.00 05/01/2029</title>
        <cusip>228701AG3</cusip>
        <identifiers>
          <isin value="US228701AG35"/>
          <ticker value="CRROCK"/>
          <other otherDesc="SEDOL" value="BMDLB33"/>
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        <balance>565000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>519784.3300000000</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>2029-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>Deer Creek Clo Ltd</name>
        <lei>N/A</lei>
        <title>Deer Creek Clo Ltd 2017-1 5.66</title>
        <cusip>24380LAJ2</cusip>
        <identifiers>
          <isin value="US24380LAJ26"/>
          <ticker value="DCRK"/>
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        <balance>800000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>739539.6800000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.659860000000000</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>Dell International LLC / EMC Corp</name>
        <lei>N/A</lei>
        <title>Dell International LLC / EMC Corp 6.02 06/15/2026</title>
        <cusip>24703TAD8</cusip>
        <identifiers>
          <isin value="US24703TAD81"/>
          <ticker value="DELL"/>
          <other otherDesc="SEDOL" value="BL97CL3"/>
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        <balance>270000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>280572.6000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.020000000000000</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>Stack Infrastructure Issuer LLC</name>
        <lei>N/A</lei>
        <title>Stack Infrastructure Issuer LLC 4.54</title>
        <cusip>85236KAA0</cusip>
        <identifiers>
          <isin value="US85236KAA07"/>
          <ticker value="SIDC"/>
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        <balance>867534.9800000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>864295.1700000000</valUSD>
        <pctVal>0.7557283034</pctVal>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-02-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.540000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Standard Industries Inc/NJ</name>
        <lei>54930064UHXCIUWVI755</lei>
        <title>Standard Industries Inc/NJ 4.38 07/15/2030</title>
        <cusip>853496AG2</cusip>
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          <isin value="US853496AG21"/>
          <ticker value="BMCAUS"/>
          <other otherDesc="SEDOL" value="BMYXXP4"/>
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        <balance>185000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>147117.5500000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.375000000000000</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>Deutsche Bank AG</name>
        <lei>7LTWFZYICNSX8D621K86</lei>
        <title>Deutsche Bank AG 4.30 05/24/2028</title>
        <cusip>251525AM3</cusip>
        <identifiers>
          <isin value="US251525AM33"/>
          <ticker value="DB"/>
          <other otherDesc="SEDOL" value="B9ZT6L7"/>
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        <balance>300000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>274438.9200000000</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>2028-05-24</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.296000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Diamond Issuer</name>
        <lei>N/A</lei>
        <title>Diamond Issuer 2.31</title>
        <cusip>25267TAN1</cusip>
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          <isin value="US25267TAN19"/>
          <ticker value="SHINE"/>
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        <balance>338000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>295361.9800000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-11-20</maturityDt>
          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Diamond Issuer</name>
        <lei>N/A</lei>
        <title>Diamond Issuer 3.79</title>
        <cusip>25267TAS0</cusip>
        <identifiers>
          <isin value="US25267TAS06"/>
          <ticker value="SHINE"/>
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        <balance>575000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>483023.0600000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-11-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.787000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Directv Financing LLC</name>
        <lei>N/A</lei>
        <title>DIRECTV FINANCING LLC TERM LOAN</title>
        <cusip>25460HAB8</cusip>
        <identifiers>
          <isin value="US25460HAB87"/>
          <ticker value="DTV"/>
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        <balance>652750.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>626313.6300000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-02</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>7.357300000000000</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>Starwood Property Trust Inc</name>
        <lei>BUGSFQZERKRBFWIG5267</lei>
        <title>Starwood Property Trust Inc 4.38 01/15/2027</title>
        <cusip>85571BAY1</cusip>
        <identifiers>
          <isin value="US85571BAY11"/>
          <ticker value="STWD"/>
          <other otherDesc="SEDOL" value="BP2CW35"/>
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        <balance>394000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>351146.5900000000</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>2027-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.375000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Start Ltd/Bermuda</name>
        <lei>549300VIQYFIDJQCKZ43</lei>
        <title>Start Ltd/Bermuda 4.09</title>
        <cusip>85572RAA7</cusip>
        <identifiers>
          <isin value="US85572RAA77"/>
          <ticker value="STARR"/>
          <other otherDesc="SEDOL" value="BMFJJH5"/>
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        <balance>629618.2700000000</balance>
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        <curCd>USD</curCd>
        <valUSD>561781.9400000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.089000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Directv Financing LLC / Directv Financing Co-Obligor Inc</name>
        <lei>N/A</lei>
        <title>Directv Financing LLC / Directv Financing Co-Obligor Inc 5.88 08/15/2027</title>
        <cusip>25461LAA0</cusip>
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          <isin value="US25461LAA08"/>
          <ticker value="DTV"/>
          <other otherDesc="SEDOL" value="BN765Z1"/>
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        <balance>355000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>325314.9000000000</valUSD>
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        <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>5.875000000000000</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>DISH DBS Corp</name>
        <lei>N/A</lei>
        <title>DISH DBS Corp 5.25 12/01/2026</title>
        <cusip>25470XBE4</cusip>
        <identifiers>
          <isin value="US25470XBE40"/>
          <ticker value="DISH"/>
          <other otherDesc="SEDOL" value="BNRLYV5"/>
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        <balance>335000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>277212.5000000000</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>2026-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.250000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Domino's Pizza Master Issuer LLC</name>
        <lei>N/A</lei>
        <title>Domino's Pizza Master Issuer LLC 4.47</title>
        <cusip>25755TAE0</cusip>
        <identifiers>
          <isin value="US25755TAE01"/>
          <ticker value="DPABS"/>
          <other otherDesc="SEDOL" value="BJLLSG6"/>
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        <balance>188500.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>183000.1400000000</valUSD>
        <pctVal>0.1600129101</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-10-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.474000000000000</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>Domino's Pizza Master Issuer LLC</name>
        <lei>N/A</lei>
        <title>Domino's Pizza Master Issuer LLC 4.12</title>
        <cusip>25755TAJ9</cusip>
        <identifiers>
          <isin value="US25755TAJ97"/>
          <ticker value="DPABS"/>
          <other otherDesc="SEDOL" value="BD5JNH0"/>
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        <balance>526487.5000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>509247.9300000000</valUSD>
        <pctVal>0.4452796770</pctVal>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-07-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.116000000000001</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>State Street Corp</name>
        <lei>549300ZFEEJ2IP5VME73</lei>
        <title>State Street Corp 4.16 08/04/2033</title>
        <cusip>857477BV4</cusip>
        <identifiers>
          <isin value="US857477BV41"/>
          <ticker value="STT"/>
          <other otherDesc="SEDOL" value="BNVW3L7"/>
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        <balance>360000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>347970.4400000000</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>2033-08-04</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.164000000000001</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>Symphony CLO Ltd</name>
        <lei>54930085JMJSZBQ6N270</lei>
        <title>Symphony CLO XIV Ltd 4.58</title>
        <cusip>87159QBZ0</cusip>
        <identifiers>
          <isin value="US87159QBZ00"/>
          <ticker value="SYMP"/>
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        <balance>500000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>495427.1000000000</valUSD>
        <pctVal>0.4331949255</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-14</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.583000000000000</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>Domino's Pizza Master Issuer LLC</name>
        <lei>N/A</lei>
        <title>Domino's Pizza Master Issuer LLC 3.67</title>
        <cusip>25755TAL4</cusip>
        <identifiers>
          <isin value="US25755TAL44"/>
          <ticker value="DPABS"/>
          <other otherDesc="SEDOL" value="BKZ7QK7"/>
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        <balance>472875.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>425116.8900000000</valUSD>
        <pctVal>0.3717166047</pctVal>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-10-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.668000000000000</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>Duke Realty LP</name>
        <lei>2549009GZDBNY1KE9O81</lei>
        <title>Duke Realty LP 3.25 06/30/2026</title>
        <cusip>26441YAZ0</cusip>
        <identifiers>
          <isin value="US26441YAZ07"/>
          <ticker value="DRE"/>
          <other otherDesc="SEDOL" value="BD44FG9"/>
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        <balance>290000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>277195.4700000000</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>2026-06-30</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>Synchrony Bank</name>
        <lei>549300UATVPGSLE43Z27</lei>
        <title>Synchrony Bank 5.40 08/22/2025</title>
        <cusip>87166FAD5</cusip>
        <identifiers>
          <isin value="US87166FAD50"/>
          <ticker value="SYF"/>
          <other otherDesc="SEDOL" value="BNBX2S0"/>
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        <balance>580000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>579394.7800000000</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>2025-08-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.400000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TICP CLO Ltd</name>
        <lei>N/A</lei>
        <title>TICP CLO I-2 LTD 5.81</title>
        <cusip>87248VAJ9</cusip>
        <identifiers>
          <isin value="US87248VAJ98"/>
          <ticker value="TICP"/>
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        <balance>350000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>339475.1200000000</valUSD>
        <pctVal>0.2968325699</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-26</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.806290000000000</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>Take-Two Interactive Software Inc</name>
        <lei>BOMSTHHJK882EWYX3334</lei>
        <title>Take-Two Interactive Software Inc 4.00 04/14/2032</title>
        <cusip>874054AH2</cusip>
        <identifiers>
          <isin value="US874054AH20"/>
          <ticker value="TTWO"/>
          <other otherDesc="SEDOL" value="BNRPRZ2"/>
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        <balance>221000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>204002.5200000000</valUSD>
        <pctVal>0.1783771143</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-04-14</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>Telecom Italia SpA/Milano</name>
        <lei>549300W384M3RI3VXU42</lei>
        <title>Telecom Italia SpA/Milano 5.30 05/30/2024</title>
        <cusip>87927YAA0</cusip>
        <identifiers>
          <isin value="US87927YAA01"/>
          <ticker value="TITIM"/>
          <other otherDesc="SEDOL" value="BMV1726"/>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>EPR Properties</name>
        <lei>549300YSSXFHMPOWZ492</lei>
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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>EPR Properties</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>EQM Midstream Partners LP</name>
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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>EdgeConneX Data Centers Issuer</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>TransDigm Inc</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Traingle Re 2021-1 Ltd</name>
        <lei>N/A</lei>
        <title>Traingle Re 2021-1 Ltd 5.84</title>
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          <ticker value="TMIR"/>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>FNB Corp/PA</name>
        <lei>PCYSKIGYNYFDTBLVZU83</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>FEL Energy VI Sarl</name>
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        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>FS KKR Capital Corp</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Falcon 2019-1 Aerospace Ltd</name>
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        <name>Triangle Re 2021-2 Ltd</name>
        <lei>N/A</lei>
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          <ticker value="TMIR"/>
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        <name>Triangle Re 2021-3 Ltd</name>
        <lei>N/A</lei>
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        <name>FARM 21-1 Mortgage Trust</name>
        <lei>N/A</lei>
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        <name>Freddie Mac Pool</name>
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        <name>Freddie Mac Structured Agency</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Fannie Mae Pool</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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          <ticker value="FN"/>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Trinity Rail Leasing LP</name>
        <lei>N/A</lei>
        <title>Trinity Rail Leasing LP 6.66</title>
        <cusip>89655YAA4</cusip>
        <identifiers>
          <isin value="US89655YAA47"/>
          <ticker value="TRL"/>
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        <balance>187654.8000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>186334.5000000000</valUSD>
        <pctVal>0.1629284305</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-11-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.657000000000000</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>Tronox Inc</name>
        <lei>549300EPZ4YXC7E5P181</lei>
        <title>Tronox Inc 4.63 03/15/2029</title>
        <cusip>897051AC2</cusip>
        <identifiers>
          <isin value="US897051AC29"/>
          <ticker value="TROX"/>
          <other otherDesc="SEDOL" value="BNQPRV9"/>
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        <balance>415000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>345732.3500000000</valUSD>
        <pctVal>0.3023038094</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>4.625000000000000</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>UBS Group AG</name>
        <lei>549300SZJ9VS8SGXAN81</lei>
        <title>UBS Group AG 2.75 02/11/2033</title>
        <cusip>902613AK4</cusip>
        <identifiers>
          <isin value="US902613AK44"/>
          <ticker value="UBS"/>
          <other otherDesc="SEDOL" value="BNSNCT4"/>
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        <balance>860000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>689782.8300000000</valUSD>
        <pctVal>0.6031370138</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-02-11</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.746000000000000</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 Foods Inc</name>
        <lei>5493000JOOFAOUY1JZ87</lei>
        <title>US Foods Inc 4.75 02/15/2029</title>
        <cusip>90290MAD3</cusip>
        <identifiers>
          <isin value="US90290MAD39"/>
          <ticker value="USFOOD"/>
          <other otherDesc="SEDOL" value="BLBNHR0"/>
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        <balance>70000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>62474.3000000000</valUSD>
        <pctVal>0.0546267044</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-15</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>UniCredit SpA</name>
        <lei>549300TRUWO2CD2G5692</lei>
        <title>UniCredit SpA 5.86 06/19/2032</title>
        <cusip>904678AF6</cusip>
        <identifiers>
          <isin value="US904678AF64"/>
          <ticker value="UCGIM"/>
          <other otherDesc="SEDOL" value="BDFZC93"/>
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        <balance>335000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>289090.4500000000</valUSD>
        <pctVal>0.2527768787</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-06-19</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.861000000000001</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>United Airlines 2020-1 Class B Pass Through Trust</name>
        <lei>N/A</lei>
        <title>United Airlines 2020-1 Class B Pass Through Trust 4.88 07/15/2027</title>
        <cusip>90932VAA3</cusip>
        <identifiers>
          <isin value="US90932VAA35"/>
          <ticker value="UAL"/>
          <other otherDesc="SEDOL" value="BLBMJL5"/>
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        <balance>370140.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>352923.2000000000</valUSD>
        <pctVal>0.3085913938</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-15</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>U.S. TREASURY</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Note/Bond 1.00 12/15/2024</title>
        <cusip>91282CDN8</cusip>
        <identifiers>
          <isin value="US91282CDN83"/>
          <ticker value="T"/>
          <other otherDesc="SEDOL" value="BP6NM34"/>
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        <balance>4515000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4270907.8100000000</valUSD>
        <pctVal>3.7344254895</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.000000000000000</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>U.S. TREASURY</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Note/Bond 1.13 01/15/2025</title>
        <cusip>91282CDS7</cusip>
        <identifiers>
          <isin value="US91282CDS70"/>
          <ticker value="T"/>
          <other otherDesc="SEDOL" value="BP82NF8"/>
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        <balance>800000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>757312.5000000000</valUSD>
        <pctVal>0.6621840670</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-01-15</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 0.88 01/31/2024</title>
        <cusip>91282CDV0</cusip>
        <identifiers>
          <isin value="US91282CDV00"/>
          <ticker value="T"/>
          <other otherDesc="SEDOL" value="BN95VQ9"/>
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        <balance>7975000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7688086.9300000000</valUSD>
        <pctVal>6.7223618665</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-01-31</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>U.S. TREASURY</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Note/Bond 1.50 02/29/2024</title>
        <cusip>91282CEA5</cusip>
        <identifiers>
          <isin value="US91282CEA53"/>
          <ticker value="T"/>
          <other otherDesc="SEDOL" value="BP94LY8"/>
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        <balance>900000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>874335.9400000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-02-29</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>
        <name>U.S. TREASURY</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Note/Bond 2.63 04/15/2025</title>
        <cusip>91282CEH0</cusip>
        <identifiers>
          <isin value="US91282CEH07"/>
          <ticker value="T"/>
          <other otherDesc="SEDOL" value="BNGDFD1"/>
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        <balance>3200000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3131000.0000000000</valUSD>
        <pctVal>2.7377051269</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-04-15</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>
      <invstOrSec>
        <name>United States Treasury Note/Bond - When Issued</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Note/Bond 2.50 05/31/2024</title>
        <cusip>91282CER8</cusip>
        <identifiers>
          <isin value="US91282CER88"/>
          <ticker value="T"/>
          <other otherDesc="SEDOL" value="BK93968"/>
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        <balance>3050000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2999901.3700000000</valUSD>
        <pctVal>2.6230742129</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-05-31</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>
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      <invstOrSec>
        <name>U.S. TREASURY</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Note/Bond 2.75 06/15/2025</title>
        <cusip>91282CEU1</cusip>
        <identifiers>
          <isin value="US91282CEU18"/>
          <ticker value="T"/>
          <other otherDesc="SEDOL" value="BQB7JY8"/>
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        <balance>1400000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1376921.8700000000</valUSD>
        <pctVal>1.2039623324</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.750000000000000</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>VB-S1 Issuer LLC - VBTEL</name>
        <lei>N/A</lei>
        <title>VB-S1 Issuer LLC - VBTEL 4.29</title>
        <cusip>91823AAY7</cusip>
        <identifiers>
          <isin value="US91823AAY73"/>
          <ticker value="VBTEL"/>
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        <balance>425000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>383028.2800000000</valUSD>
        <pctVal>0.3349148789</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.288000000000000</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>VTR Finance NV</name>
        <lei>213800F4XI4RJB82XM19</lei>
        <title>VTR Finance NV 6.38 07/15/2028</title>
        <cusip>918374AA7</cusip>
        <identifiers>
          <isin value="US918374AA74"/>
          <ticker value="VTRFIN"/>
          <other otherDesc="SEDOL" value="BMFQ8Z7"/>
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        <balance>800000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>361159.0600000000</valUSD>
        <pctVal>0.3157927212</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.375000000000000</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>Vantage Data Centers Issuer LLC</name>
        <lei>N/A</lei>
        <title>Vantage Data Centers Issuer LLC 4.20</title>
        <cusip>92211MAE3</cusip>
        <identifiers>
          <isin value="US92211MAE30"/>
          <ticker value="VDC"/>
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        <balance>356125.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>351060.5800000000</valUSD>
        <pctVal>0.3069627434</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.196000000000001</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>Fannie Mae Pool</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae Pool 4.00</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>Fannie Mae Pool</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae Pool 4.00</title>
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          <ticker value="FN"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>Fannie Mae Pool</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae Pool 3.50</title>
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          <ticker value="FN"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Fannie Mae Pool</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae Pool 2.50</title>
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          <isin value="US3140XDS988"/>
          <ticker value="FN"/>
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        <curCd>USD</curCd>
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        <issuerCat>USGA</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Vantage Data Centers Issuer LLC</name>
        <lei>N/A</lei>
        <title>Vantage Data Centers Issuer LLC 1.65</title>
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          <isin value="US92212KAB26"/>
          <ticker value="VDC"/>
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        <assetCat>ABS-MBS</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>Verus Securitization Trust 2021-R1</name>
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          <isin value="US92538BAD55"/>
          <ticker value="VERUS"/>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Fannie Mae Pool</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae Pool 4.00</title>
        <cusip>3140XHNP8</cusip>
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          <isin value="US3140XHNP86"/>
          <ticker value="FN"/>
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        <curCd>USD</curCd>
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        <issuerCat>USGA</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Fidelity National Information Services Inc</name>
        <lei>6WQI0GK1PRFVBA061U48</lei>
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          <isin value="US31620MBY12"/>
          <ticker value="FIS"/>
          <other otherDesc="SEDOL" value="BNSQ4N1"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>FirstKey Homes 2021-SFR1 Trust</name>
        <lei>N/A</lei>
        <title>FirstKey Homes 2021-SFR1 Trust 2.39</title>
        <cusip>33767WAJ2</cusip>
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          <isin value="US33767WAJ27"/>
          <ticker value="FKH"/>
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        <balance>600000.0000000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>2.389000000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Flexential Issuer 2021-1</name>
        <lei>N/A</lei>
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          <isin value="US33938MAA71"/>
          <ticker value="FLX"/>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Paramount Global</name>
        <lei>5KYC8KF17ROCY24M3H09</lei>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Paramount Global</name>
        <lei>5KYC8KF17ROCY24M3H09</lei>
        <title>Paramount Global 6.38 03/30/2062</title>
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          <isin value="US92556HAE71"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Vibrant CLO Ltd</name>
        <lei>5493007DQ2IM8HOLV582</lei>
        <title>Vibrant Clo VII Ltd 5.11</title>
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          <isin value="US92558BAE83"/>
          <ticker value="VIBR"/>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>VICI Properties LP / VICI Note Co Inc</name>
        <lei>N/A</lei>
        <title>VICI Properties LP / VICI Note Co Inc 4.13 08/15/2030</title>
        <cusip>92564RAE5</cusip>
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          <ticker value="VICI"/>
          <other otherDesc="SEDOL" value="BKMH5T2"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Ford Motor Credit Co LLC</name>
        <lei>UDSQCVRUX5BONN0VY111</lei>
        <title>Ford Motor Credit Co LLC 4.95 05/28/2027</title>
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          <ticker value="F"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Freddie Mac STACR REMIC Trust 2022-DNA3</name>
        <lei>N/A</lei>
        <title>Freddie Mac STACR REMIC Trust 2022-DNA3 4.18</title>
        <cusip>35564KUW7</cusip>
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          <isin value="US35564KUW79"/>
          <ticker value="STACR"/>
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        <balance>281363.3100000000</balance>
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        <valUSD>282950.2000000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-04-25</maturityDt>
          <couponKind>Variable</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>VICI Properties LP / VICI Note Co Inc</name>
        <lei>N/A</lei>
        <title>VICI Properties LP / VICI Note Co Inc 3.88 02/15/2029</title>
        <cusip>92564RAL9</cusip>
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          <ticker value="VICI"/>
          <other otherDesc="SEDOL" value="BMH6ZF4"/>
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        <balance>590000.0000000000</balance>
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        <valUSD>525544.0500000000</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>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.875000000000000</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>VICI Properties LP</name>
        <lei>254900X4QE7SGKQLLN38</lei>
        <title>VICI Properties LP 4.38 05/15/2025</title>
        <cusip>925650AA1</cusip>
        <identifiers>
          <isin value="US925650AA17"/>
          <ticker value="VICI"/>
          <other otherDesc="SEDOL" value="BP5JTF4"/>
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        <balance>385000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>376439.5300000000</valUSD>
        <pctVal>0.3291537628</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-05-15</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>Freddie Mac STACR REMIC Trust 2020-HQA4</name>
        <lei>N/A</lei>
        <title>Freddie Mac STACR REMIC Trust 2020-HQA4 5.59</title>
        <cusip>35565RAH6</cusip>
        <identifiers>
          <isin value="US35565RAH66"/>
          <ticker value="STACR"/>
          <other otherDesc="SEDOL" value="BN490S1"/>
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        <balance>469441.1800000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>470829.8800000000</valUSD>
        <pctVal>0.4116874405</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-09-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.593710000000000</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>Freedom Mortgage Corp</name>
        <lei>549300LYRWPSYPK6S325</lei>
        <title>Freedom Mortgage Corp 8.25 04/15/2025</title>
        <cusip>35640YAB3</cusip>
        <identifiers>
          <isin value="US35640YAB39"/>
          <ticker value="FREMOR"/>
          <other otherDesc="SEDOL" value="BF0YND0"/>
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        <balance>41000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>35527.9100000000</valUSD>
        <pctVal>0.0310651362</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>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>
      <invstOrSec>
        <name>Wells Fargo &amp; Co</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
        <title>Wells Fargo &amp; Co 4.54 08/15/2026</title>
        <cusip>95000U3C5</cusip>
        <identifiers>
          <isin value="US95000U3C57"/>
          <ticker value="WFC"/>
          <other otherDesc="SEDOL" value="BNBVCR3"/>
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        <balance>80000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>79490.8000000000</valUSD>
        <pctVal>0.0695057077</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>Variable</couponKind>
          <annualizedRt>4.540000000000000</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>Wingstop Funding LLC</name>
        <lei>N/A</lei>
        <title>Wingstop Funding LLC 2.84</title>
        <cusip>974153AB4</cusip>
        <identifiers>
          <isin value="US974153AB40"/>
          <ticker value="WSTOP"/>
          <other otherDesc="SEDOL" value="BMY7YM0"/>
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        <balance>497500.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>426560.1800000000</valUSD>
        <pctVal>0.3729785984</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-12-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.841000000000000</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>GUSAP III LP</name>
        <lei>549300WY05UJ7WTHIN64</lei>
        <title>GUSAP III LP 4.25 01/21/2030</title>
        <cusip>36258GAA5</cusip>
        <identifiers>
          <isin value="US36258GAA58"/>
          <ticker value="GGBRBZ"/>
          <other otherDesc="SEDOL" value="BKY57Y3"/>
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        <balance>250000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>233675.0000000000</valUSD>
        <pctVal>0.2043223397</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-21</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>
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      </invstOrSec>
      <invstOrSec>
        <name>General Motors Financial Co Inc</name>
        <lei>5493008B6JBRUJ90QL97</lei>
        <title>General Motors Financial Co Inc 3.80 04/07/2025</title>
        <cusip>37045XDU7</cusip>
        <identifiers>
          <isin value="US37045XDU72"/>
          <ticker value="GM"/>
          <other otherDesc="SEDOL" value="BNNMP08"/>
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        <balance>415000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>404803.1900000000</valUSD>
        <pctVal>0.3539545732</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-04-07</maturityDt>
          <couponKind>Fixed</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>
      <invstOrSec>
        <name>Geopark Ltd</name>
        <lei>529900ZR5QI19AH4KZ07</lei>
        <title>Geopark Ltd 5.50 01/17/2027</title>
        <cusip>37255BAB5</cusip>
        <identifiers>
          <isin value="US37255BAB53"/>
          <ticker value="GEOPAR"/>
          <other otherDesc="SEDOL" value="BL38Y61"/>
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        <balance>800000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>696049.0200000000</valUSD>
        <pctVal>0.6086160877</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CO</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.500000000000000</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>Goldman Sachs Group Inc/The</name>
        <lei>784F5XWPLTWKTBV3E584</lei>
        <title>Goldman Sachs Group Inc/The 3.81 04/23/2029</title>
        <cusip>38141GWV2</cusip>
        <identifiers>
          <isin value="US38141GWV21"/>
          <ticker value="GS"/>
          <other otherDesc="SEDOL" value="BD1DDX2"/>
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        <balance>34000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>31855.8000000000</valUSD>
        <pctVal>0.0278542916</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-23</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.814000000000000</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>Goldman Sachs Group Inc/The</name>
        <lei>784F5XWPLTWKTBV3E584</lei>
        <title>Goldman Sachs Group Inc/The 1.95 10/21/2027</title>
        <cusip>38141GYM0</cusip>
        <identifiers>
          <isin value="US38141GYM04"/>
          <ticker value="GS"/>
          <other otherDesc="SEDOL" value="BMDWFX4"/>
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        <balance>629000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>558933.2600000000</valUSD>
        <pctVal>0.4887238746</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-10-21</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.948000000000000</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>Goldman Sachs Group Inc/The</name>
        <lei>784F5XWPLTWKTBV3E584</lei>
        <title>Goldman Sachs Group Inc/The 4.39 06/15/2027</title>
        <cusip>38141GZT4</cusip>
        <identifiers>
          <isin value="US38141GZT48"/>
          <ticker value="GS"/>
          <other otherDesc="SEDOL" value="BPG6ZR8"/>
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        <balance>318000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>312265.6000000000</valUSD>
        <pctVal>0.2730409243</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>Variable</couponKind>
          <annualizedRt>4.387000000000000</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>Great Wolf Trust 2019-WOLF</name>
        <lei>N/A</lei>
        <title>Great Wolf Trust 2019-WOLF 4.02</title>
        <cusip>39152TAJ9</cusip>
        <identifiers>
          <isin value="US39152TAJ97"/>
          <ticker value="GWT"/>
          <other otherDesc="SEDOL" value="BK72LR2"/>
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        <balance>253000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>243947.2800000000</valUSD>
        <pctVal>0.2133042859</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-12-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.024000000000000</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>Greystone CRE Notes 2019-FL2 Ltd</name>
        <lei>N/A</lei>
        <title>Greystone CRE Notes 2019-FL2 Ltd 4.79</title>
        <cusip>39809LAG9</cusip>
        <identifiers>
          <isin value="US39809LAG95"/>
          <ticker value="GSTNE"/>
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        <balance>197000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>191566.0300000000</valUSD>
        <pctVal>0.1675028114</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-09-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.791000000000000</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>HSBC Holdings PLC</name>
        <lei>MLU0ZO3ML4LN2LL2TL39</lei>
        <title>HSBC Holdings PLC 5.40 08/11/2033</title>
        <cusip>404280DH9</cusip>
        <identifiers>
          <isin value="US404280DH94"/>
          <ticker value="HSBC"/>
          <other otherDesc="SEDOL" value="BP4ZFB1"/>
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        <balance>299000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>284819.8800000000</valUSD>
        <pctVal>0.2490427485</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-08-11</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.402000000000000</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>Hercules Capital Inc</name>
        <lei>549300UJ5OC256GR2B73</lei>
        <title>Hercules Capital Inc 2.63 09/16/2026</title>
        <cusip>427096AH5</cusip>
        <identifiers>
          <isin value="US427096AH50"/>
          <ticker value="HTGC"/>
          <other otherDesc="SEDOL" value="BN6KWS6"/>
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        <balance>280000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>235816.5100000000</valUSD>
        <pctVal>0.2061948478</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-16</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>Holly Energy Partners LP / Holly Energy Finance Corp</name>
        <lei>N/A</lei>
        <title>Holly Energy Partners LP / Holly Energy Finance Corp 6.38 04/15/2027</title>
        <cusip>435765AJ1</cusip>
        <identifiers>
          <isin value="US435765AJ10"/>
          <ticker value="HEP"/>
          <other otherDesc="SEDOL" value="BNGDF64"/>
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        <balance>225000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>220166.5800000000</valUSD>
        <pctVal>0.1925107553</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>6.375000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Home RE 2022-1 Ltd</name>
        <lei>N/A</lei>
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          <isin value="US43730GAA94"/>
          <ticker value="HMIR"/>
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        <curCd>USD</curCd>
        <valUSD>126405.4300000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>IHS Netherlands Holdco BV</name>
        <lei>5493006Z6YQYCCN2XI74</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2051106073"/>
          <ticker value="IHSHLD"/>
          <other otherDesc="SEDOL" value="BK1N4B6"/>
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        <balance>550000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>505252.6100000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CBOT 10 Year Ultra US Treasury Note</name>
        <lei>N/A</lei>
        <title>US 10yr Ultra Fut Dec22</title>
        <cusip>N/A</cusip>
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          <ticker value="UXYZ2"/>
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        <isRestrictedSec>N</isRestrictedSec>

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              <counterpartyName>Bank of America</counterpartyName>
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            <payOffProf>Long</payOffProf>
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                <issuerName>US 10yr Ultra Fut</issuerName>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CBOT US Long Bond Future</name>
        <lei>N/A</lei>
        <title>US LONG BOND(CBT) Dec22</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="USZ2"/>
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        <balance>-17.0000000000</balance>
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        <assetCat>DIR</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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              <counterpartyName>Bank of America</counterpartyName>
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            <payOffProf>Short</payOffProf>
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                <issuerName>US LONG BOND(CBT)</issuerName>
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      </invstOrSec>
      <invstOrSec>
        <name>CME Ultra Long Term US Treasury</name>
        <lei>N/A</lei>
        <title>US ULTRA BOND CBT Dec22</title>
        <cusip>N/A</cusip>
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          <ticker value="WNZ2"/>
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        <assetCat>DIR</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
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              <counterpartyName>Bank of America</counterpartyName>
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            <payOffProf>Short</payOffProf>
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                <issuerName>US ULTRA BOND CBT</issuerName>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Huntington Bancshares Inc/OH</name>
        <lei>549300XTVCVV9I7B5T19</lei>
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        <cusip>446150BB9</cusip>
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          <isin value="US446150BB90"/>
          <ticker value="HBAN"/>
          <other otherDesc="SEDOL" value="BM8PW71"/>
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        <balance>360000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>352041.8000000000</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>2028-08-04</maturityDt>
          <couponKind>Variable</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>
        <name>iStar Inc</name>
        <lei>QFFLKWYYS3UPWD86E794</lei>
        <title>iStar Inc 4.75 10/01/2024</title>
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        <identifiers>
          <isin value="US45031UCF66"/>
          <ticker value="STAR"/>
          <other otherDesc="SEDOL" value="BJV3SR3"/>
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        <balance>67000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>67113.2300000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <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>iHeartCommunications Inc</name>
        <lei>54930076J6KDZL504O62</lei>
        <title>iHeartCommunications Inc 8.38 05/01/2027</title>
        <cusip>45174HBD8</cusip>
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          <isin value="US45174HBD89"/>
          <ticker value="IHRT"/>
          <other otherDesc="SEDOL" value="BK0NK86"/>
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        <balance>250000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>220500.0000000000</valUSD>
        <pctVal>0.1928022933</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.375000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ING Groep NV</name>
        <lei>549300NYKK9MWM7GGW15</lei>
        <title>ING Groep NV (pfd) 3.88% 11/16/2170 Perpetual</title>
        <cusip>456837AY9</cusip>
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          <isin value="US456837AY94"/>
          <ticker value="INTNED"/>
          <other otherDesc="SEDOL" value="BMYR3H8"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Intercontinental Exchange Inc</name>
        <lei>5493000F4ZO33MV32P92</lei>
        <title>Intercontinental Exchange Inc 4.35 06/15/2029</title>
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        <identifiers>
          <isin value="US45866FAV67"/>
          <ticker value="ICE"/>
          <other otherDesc="SEDOL" value="BMTWJB4"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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        <name>JPMorgan Chase &amp; Co</name>
        <lei>8I5DZWZKVSZI1NUHU748</lei>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CBOT 5 Year US Treasury Note</name>
        <lei>N/A</lei>
        <title>US 5YR NOTE (CBT) Dec22</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="FVZ2"/>
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      <invstOrSec>
        <name>CBOT 10 Year US Treasury Note</name>
        <lei>N/A</lei>
        <title>US 10YR NOTE (CBT)Dec22</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="TYZ2"/>
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        <isRestrictedSec>N</isRestrictedSec>

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              <counterpartyName>Bank of America</counterpartyName>
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        <name>CBOT 2 Year US Treasury Note</name>
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          <ticker value="TUZ2"/>
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              <counterpartyName>Bank of America</counterpartyName>
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        <name>Jazz Financing Lux Sarl</name>
        <lei>635400WUEO2NSG5OIU34</lei>
        <title>JAZZ FINANCING LUX SARL USD TERM LOAN</title>
        <cusip>N/A</cusip>
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        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Trinidad &amp; Tobago Government International Bond</name>
        <lei>N/A</lei>
        <title>Trinidad &amp; Tobago Government International Bond 4.50 08/04/2026</title>
        <cusip>N/A</cusip>
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          <isin value="USP93960AG08"/>
          <ticker value="TRITOB"/>
          <other otherDesc="SEDOL" value="BDCWPQ5"/>
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        <curCd>USD</curCd>
        <valUSD>398356.3600000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>TT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-04</maturityDt>
          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan Chase &amp; Co</name>
        <lei>8I5DZWZKVSZI1NUHU748</lei>
        <title>JPMorgan Chase &amp; Co 2.07 06/01/2029</title>
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          <isin value="US46647PCJ30"/>
          <ticker value="JPM"/>
          <other otherDesc="SEDOL" value="BLB0Y92"/>
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        <curCd>USD</curCd>
        <valUSD>66737.8200000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.069000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>J.P. Morgan Chase Commercial Mortgage Securities Trust 2018-AON</name>
        <lei>N/A</lei>
        <title>J.P. Morgan Chase Commercial Mortgage Securities Trust 2018-AON 4.13</title>
        <cusip>46649XAA5</cusip>
        <identifiers>
          <isin value="US46649XAA54"/>
          <ticker value="JPMCC"/>
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        <balance>282000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>276699.0800000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.128300000000000</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>JPMorgan Chase &amp; Co</name>
        <lei>8I5DZWZKVSZI1NUHU748</lei>
        <title>JPMorgan Chase &amp; Co (pfd) 4.60% 08/01/2171 Perpetual</title>
        <cusip>48128BAG6</cusip>
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          <isin value="US48128BAG68"/>
          <ticker value="JPM"/>
          <other otherDesc="SEDOL" value="BJVB6H3"/>
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        <valUSD>1247322.5000000000</valUSD>
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        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Kenbourne Invest SA</name>
        <lei>222100QGH6Y9KFYZ4B27</lei>
        <title>Kenbourne Invest SA 4.70 01/22/2028</title>
        <cusip>48855KAC4</cusip>
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          <isin value="US48855KAC45"/>
          <ticker value="WOMCHI"/>
          <other otherDesc="SEDOL" value="BMDPQC9"/>
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        <balance>600000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>483551.3300000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.700000000000000</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>Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp</name>
        <lei>N/A</lei>
        <title>Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp 5.25 10/01/2025</title>
        <cusip>505742AG1</cusip>
        <identifiers>
          <isin value="US505742AG11"/>
          <ticker value="LADR"/>
          <other otherDesc="SEDOL" value="BZ0WZ72"/>
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        <balance>464000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>451880.3200000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.250000000000000</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>Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp</name>
        <lei>N/A</lei>
        <title>Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp 4.75 06/15/2029</title>
        <cusip>505742AP1</cusip>
        <identifiers>
          <isin value="US505742AP10"/>
          <ticker value="LADR"/>
          <other otherDesc="SEDOL" value="BNHV192"/>
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        <balance>413000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>350524.9200000000</valUSD>
        <pctVal>0.3064943694</pctVal>
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        <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>4.750000000000000</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>
        <name>Level 3 Financing Inc</name>
        <lei>254900AE5FEFIJOXWL19</lei>
        <title>Level 3 Financing Inc 3.40 03/01/2027</title>
        <cusip>527298BP7</cusip>
        <identifiers>
          <isin value="US527298BP78"/>
          <ticker value="LVLT"/>
          <other otherDesc="SEDOL" value="BKTD4B8"/>
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        <balance>625000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>555472.6800000000</valUSD>
        <pctVal>0.4856979891</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>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>
        <name>Life 2021-BMR Mortgage Trust</name>
        <lei>N/A</lei>
        <title>Life 2021-BMR Mortgage Trust 4.74</title>
        <cusip>53218CAL4</cusip>
        <identifiers>
          <isin value="US53218CAL46"/>
          <ticker value="LIFE"/>
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        <balance>237878.7700000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>226233.8900000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-03-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.741000000000001</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>LUNAR AIRCRAFT 2020-1 LTD</name>
        <lei>N/A</lei>
        <title>LUNAR AIRCRAFT 2020-1 LTD 3.38</title>
        <cusip>55037LAA2</cusip>
        <identifiers>
          <isin value="US55037LAA26"/>
          <ticker value="LUNRR"/>
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        <balance>294639.4300000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>250066.6400000000</valUSD>
        <pctVal>0.2186549736</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.376000000000000</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>MEG Energy Corp</name>
        <lei>5493002WXPTG5ZC1T326</lei>
        <title>MEG Energy Corp 5.88 02/01/2029</title>
        <cusip>552704AF5</cusip>
        <identifiers>
          <isin value="US552704AF51"/>
          <ticker value="MEGCN"/>
          <other otherDesc="SEDOL" value="BMDJ3P3"/>
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        <balance>645000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>600749.7800000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.875000000000000</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>MF1 Multifamily Housing Mortga</name>
        <lei>N/A</lei>
        <title>MF1 Multifamily Housing Mortgage Loan Trust 4.91</title>
        <cusip>55282XAJ9</cusip>
        <identifiers>
          <isin value="US55282XAJ90"/>
          <ticker value="MF1"/>
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        <balance>400000.0000000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-07-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.910810000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>MAPS 2021-1 Trust</name>
        <lei>N/A</lei>
        <title>MAPS 2021-1 Trust 2.52</title>
        <cusip>55292RAA9</cusip>
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          <isin value="US55292RAA95"/>
          <ticker value="MAPSL"/>
          <other otherDesc="SEDOL" value="BNXKTB1"/>
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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>MHP 2022-MHIL</name>
        <lei>N/A</lei>
        <title>MHP 2022-MHIL 3.92</title>
        <cusip>55293DAG6</cusip>
        <identifiers>
          <isin value="US55293DAG60"/>
          <ticker value="MHP"/>
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        <balance>504000.0000000000</balance>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>3.920310000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>MACH 1 Cayman 2019-1 Ltd</name>
        <lei>N/A</lei>
        <title>MACH 1 Cayman 2019-1 Ltd 3.47</title>
        <cusip>55446MAA5</cusip>
        <identifiers>
          <isin value="US55446MAA53"/>
          <ticker value="MAACH"/>
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        <balance>293921.4500000000</balance>
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        <curCd>USD</curCd>
        <valUSD>265786.5800000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>3.474000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Madison Park Funding Ltd</name>
        <lei>254900END3IQSN7CTN87</lei>
        <title>Madison Park Funding XIX Ltd 7.11</title>
        <cusip>55819RAG0</cusip>
        <identifiers>
          <isin value="US55819RAG02"/>
          <ticker value="MDPK"/>
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        <balance>475000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>428134.3600000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-22</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>7.109000000000000</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>Magallanes Inc</name>
        <lei>549300DXR29GD4N0A520</lei>
        <title>Magallanes Inc 3.76 03/15/2027</title>
        <cusip>55903VAG8</cusip>
        <identifiers>
          <isin value="US55903VAG86"/>
          <ticker value="WBD"/>
          <other otherDesc="SEDOL" value="BNW0GK0"/>
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        <balance>145000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>135509.0800000000</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>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Magallanes Inc</name>
        <lei>549300DXR29GD4N0A520</lei>
        <title>Magallanes Inc 5.14 03/15/2052</title>
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          <isin value="US55903VAQ68"/>
          <ticker value="WBD"/>
          <other otherDesc="SEDOL" value="BNW0GL1"/>
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        <curCd>USD</curCd>
        <valUSD>125917.9000000000</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>2052-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.141000000000000</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>Marathon CLO Ltd</name>
        <lei>635400LRBGQZIPTCBI09</lei>
        <title>Marathon CLO V Ltd 3.85</title>
        <cusip>56576QAN8</cusip>
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          <isin value="US56576QAN88"/>
          <ticker value="MCLO"/>
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        <balance>234162.9000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>233518.0400000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-21</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.854000000000000</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>McAfee Corp</name>
        <lei>2549009UKR8UEZYVCR93</lei>
        <title>MCAFEE LLC 2022 USD TERM LOAN B</title>
        <cusip>57906HAD9</cusip>
        <identifiers>
          <isin value="US57906HAD98"/>
          <ticker value="MCFE"/>
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        <balance>355000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>337915.6300000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.595500000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MF1 2020-FL4 Ltd</name>
        <lei>N/A</lei>
        <title>MF1 2020-FL4 Ltd 6.51</title>
        <cusip>58003UAJ7</cusip>
        <identifiers>
          <isin value="US58003UAJ79"/>
          <ticker value="MF1"/>
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        <balance>585000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>580855.1000000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-11-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.510809999999999</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Med Trust 2021-MDLN</name>
        <lei>N/A</lei>
        <title>Med Trust 2021-MDLN 6.39</title>
        <cusip>58403YAX4</cusip>
        <identifiers>
          <isin value="US58403YAX40"/>
          <ticker value="MED"/>
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        <balance>371450.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>349033.5900000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-11-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.392000000000000</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>Mitsubishi UFJ Financial Group Inc</name>
        <lei>353800V2V8PUY9TK3E06</lei>
        <title>Mitsubishi UFJ Financial Group Inc 4.79 07/18/2025</title>
        <cusip>606822CH5</cusip>
        <identifiers>
          <isin value="US606822CH58"/>
          <ticker value="MUFG"/>
          <other otherDesc="SEDOL" value="BNKGGV1"/>
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        <balance>320000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>321144.9300000000</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>2025-07-18</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.788000000000000</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>Morgan Stanley Capital I Trust 2017-CLS</name>
        <lei>N/A</lei>
        <title>Morgan Stanley Capital I Trust 2017-CLS 4.99</title>
        <cusip>61691LAQ2</cusip>
        <identifiers>
          <isin value="US61691LAQ23"/>
          <ticker value="MSC"/>
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        <balance>290000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>284759.7900000000</valUSD>
        <pctVal>0.2489902066</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-11-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.991000000000001</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>Morgan Stanley 2.70 01/22/2031</title>
        <cusip>6174468L6</cusip>
        <identifiers>
          <isin value="US6174468L62"/>
          <ticker value="MS"/>
          <other otherDesc="SEDOL" value="BH3T5Q3"/>
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        <balance>705000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>610517.4900000000</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>2031-01-22</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.699000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>Morgan Stanley 2.48 09/16/2036</title>
        <cusip>61747YEF8</cusip>
        <identifiers>
          <isin value="US61747YEF88"/>
          <ticker value="MS"/>
          <other otherDesc="SEDOL" value="BM89YV1"/>
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        <balance>97000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>74733.2300000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-09-16</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.484000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>Morgan Stanley 2.63 02/18/2026</title>
        <cusip>61747YEM3</cusip>
        <identifiers>
          <isin value="US61747YEM30"/>
          <ticker value="MS"/>
          <other otherDesc="SEDOL" value="BP2TR53"/>
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        <balance>240000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>228227.4400000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-02-18</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.630000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Medline Borrower LP</name>
        <lei>254900QT3R363TVK6F09</lei>
        <title>Medline Borrower LP 3.88 04/01/2029</title>
        <cusip>62482BAA0</cusip>
        <identifiers>
          <isin value="US62482BAA08"/>
          <ticker value="MEDIND"/>
          <other otherDesc="SEDOL" value="BMW4P42"/>
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        <balance>285000.0000000000</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>2029-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.875000000000000</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>NP SPE II LLC</name>
        <lei>549300M4DFCB4G0UM882</lei>
        <title>NP SPE II LLC 2.57</title>
        <cusip>62954JAA2</cusip>
        <identifiers>
          <isin value="US62954JAA25"/>
          <ticker value="NPRL"/>
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        <balance>442025.5700000000</balance>
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        <curCd>USD</curCd>
        <valUSD>418476.1700000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-09-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.574000000000000</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>National Retail Properties Inc</name>
        <lei>5493008JKH5SOTI0JS97</lei>
        <title>National Retail Properties Inc 4.30 10/15/2028</title>
        <cusip>637417AL0</cusip>
        <identifiers>
          <isin value="US637417AL01"/>
          <ticker value="NNN"/>
          <other otherDesc="SEDOL" value="BF5HW04"/>
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        <balance>595000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>569829.9200000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.300000000000000</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>Nationwide Building Society</name>
        <lei>549300XFX12G42QIKN82</lei>
        <title>Nationwide Building Society 4.85 07/27/2027</title>
        <cusip>63861VAH0</cusip>
        <identifiers>
          <isin value="US63861VAH06"/>
          <ticker value="NWIDE"/>
          <other otherDesc="SEDOL" value="BNM40D3"/>
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        <balance>497000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>493833.1100000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.850000000000001</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NatWest Group PLC</name>
        <lei>2138005O9XJIJN4JPN90</lei>
        <title>NatWest Group PLC 5.52 09/30/2028</title>
        <cusip>639057AF5</cusip>
        <identifiers>
          <isin value="US639057AF59"/>
          <ticker value="NWG"/>
          <other otherDesc="SEDOL" value="BMQ79B2"/>
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        <balance>475000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>475599.5700000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-30</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.516000000000000</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>Netflix Inc</name>
        <lei>549300Y7VHGU0I7CE873</lei>
        <title>Netflix Inc 5.88 11/15/2028</title>
        <cusip>64110LAT3</cusip>
        <identifiers>
          <isin value="US64110LAT35"/>
          <ticker value="NFLX"/>
          <other otherDesc="SEDOL" value="BJRDX72"/>
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        <balance>305000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>309181.5500000000</valUSD>
        <pctVal>0.2703442717</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>Floating</couponKind>
          <annualizedRt>5.875000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>Occidental Petroleum Corp</name>
        <lei>IM7X0T3ECJW4C1T7ON55</lei>
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        <cusip>674599EC5</cusip>
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          <isin value="US674599EC50"/>
          <ticker value="OXY"/>
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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>6.375000000000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Octagon Investment Partners Lt</name>
        <lei>549300VYCI9AZ4NZBX86</lei>
        <title>Octagon Investment Partners XV Ltd 4.74</title>
        <cusip>67590EBL7</cusip>
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          <isin value="US67590EBL74"/>
          <ticker value="OCT15"/>
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        <balance>300000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>286467.5700000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-19</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.737570000000000</annualizedRt>
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      <invstOrSec>
        <name>One New York Plaza Trust 2020-1NYP</name>
        <lei>N/A</lei>
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        <identifiers>
          <isin value="US68249DAE94"/>
          <ticker value="ONYP"/>
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        <balance>229000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>217547.2100000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-01-15</maturityDt>
          <couponKind>Variable</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Owens &amp; Minor Inc</name>
        <lei>549300LMT5KQQXCEZ733</lei>
        <title>Owens &amp; Minor Inc 6.63 04/01/2030</title>
        <cusip>690732AG7</cusip>
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          <isin value="US690732AG70"/>
          <ticker value="OMI"/>
          <other otherDesc="SEDOL" value="BMZM2Z3"/>
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        <balance>310000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>286805.8000000000</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>2030-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.625000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Owl Rock Technology Finance Corp</name>
        <lei>254900G5EZJSOD3UKL16</lei>
        <title>Owl Rock Technology Finance Corp 4.75 12/15/2025</title>
        <cusip>691205AC2</cusip>
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          <isin value="US691205AC21"/>
          <ticker value="ORTFIN"/>
          <other otherDesc="SEDOL" value="BMGTSY4"/>
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        <balance>86000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>80100.7700000000</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>2025-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>Owl Rock Technology Finance Corp</name>
        <lei>254900G5EZJSOD3UKL16</lei>
        <title>Owl Rock Technology Finance Corp 2.50 01/15/2027</title>
        <cusip>691205AG3</cusip>
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          <isin value="US691205AG35"/>
          <ticker value="ORTFIN"/>
          <other otherDesc="SEDOL" value="BMFZLV1"/>
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        <balance>378000.0000000000</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>2027-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.500000000000000</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>Owl Rock Capital Corp</name>
        <lei>2549000BD79OOCPF2L94</lei>
        <title>Owl Rock Capital Corp 3.40 07/15/2026</title>
        <cusip>69121KAE4</cusip>
        <identifiers>
          <isin value="US69121KAE47"/>
          <ticker value="ORCC"/>
          <other otherDesc="SEDOL" value="BNDCHF7"/>
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        <balance>718000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>642713.2500000000</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>3.400000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PNC Financial Services Group Inc/The</name>
        <lei>CFGNEKW0P8842LEUIA51</lei>
        <title>PNC Financial Services Group Inc/The (pfd) 3.40% 12/15/2170 Perpetual</title>
        <cusip>693475BC8</cusip>
        <identifiers>
          <isin value="US693475BC86"/>
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          <other otherDesc="SEDOL" value="BNHXFV8"/>
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        <balance>375000.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>303937.5000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PNC Financial Services Group Inc/The</name>
        <lei>CFGNEKW0P8842LEUIA51</lei>
        <title>PNC Financial Services Group Inc/The 4.63 06/06/2033</title>
        <cusip>693475BE4</cusip>
        <identifiers>
          <isin value="US693475BE43"/>
          <ticker value="PNC"/>
          <other otherDesc="SEDOL" value="BQB7JT3"/>
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        <balance>213000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>201910.7500000000</valUSD>
        <pctVal>0.1765480982</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-06-06</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.626000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PepsiCo Inc</name>
        <lei>FJSUNZKFNQ5YPJ5OT455</lei>
        <title>PepsiCo Inc 3.60 02/18/2028</title>
        <cusip>713448FL7</cusip>
        <identifiers>
          <isin value="US713448FL73"/>
          <ticker value="PEP"/>
          <other otherDesc="SEDOL" value="BMG7WB3"/>
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        <balance>207000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>203320.3600000000</valUSD>
        <pctVal>0.1777806426</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.600000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Petroleos Mexicanos</name>
        <lei>549300CAZKPF4HKMPX17</lei>
        <title>Petroleos Mexicanos 6.70 02/16/2032</title>
        <cusip>71643VAB1</cusip>
        <identifiers>
          <isin value="US71643VAB18"/>
          <ticker value="PEMEX"/>
          <other otherDesc="SEDOL" value="BJLV7R0"/>
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        <balance>85000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>66470.0000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-02-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.700000000000000</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>
        <name>Petroleos Mexicanos</name>
        <lei>549300CAZKPF4HKMPX17</lei>
        <title>Petroleos Mexicanos 3.50 01/30/2023</title>
        <cusip>71654QBG6</cusip>
        <identifiers>
          <isin value="US71654QBG64"/>
          <ticker value="PEMEX"/>
          <other otherDesc="SEDOL" value="BD5JSL9"/>
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        <balance>300000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>297840.0000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-01-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.500000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Petroleos Mexicanos</name>
        <lei>549300CAZKPF4HKMPX17</lei>
        <title>Petroleos Mexicanos 6.88 08/04/2026</title>
        <cusip>71654QCB6</cusip>
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          <ticker value="PEMEX"/>
          <other otherDesc="SEDOL" value="BYWD0M6"/>
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        <balance>535000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>501273.8800000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-04</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.875000000000000</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>
        <name>Pioneer Aircraft Finance Ltd</name>
        <lei>N/A</lei>
        <title>Pioneer Aircraft Finance Ltd 3.97</title>
        <cusip>72353PAA4</cusip>
        <identifiers>
          <isin value="US72353PAA49"/>
          <ticker value="PION"/>
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        <balance>419650.8300000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>384311.7800000000</valUSD>
        <pctVal>0.3360371544</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.967000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Progress Residential 2021-SFR1</name>
        <lei>N/A</lei>
        <title>Progress Residential 2021-SFR1 1.81</title>
        <cusip>74331FAG6</cusip>
        <identifiers>
          <isin value="US74331FAG63"/>
          <ticker value="PROG"/>
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        <balance>750000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>656515.3500000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-04-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.805000000000000</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>Progress Residential 2021-SFR1</name>
        <lei>N/A</lei>
        <title>Progress Residential 2021-SFR1 2.11</title>
        <cusip>74331FAJ0</cusip>
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          <ticker value="PROG"/>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-04-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.106000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Progress Residential 2021-SFR1</name>
        <lei>N/A</lei>
        <title>Progress Residential 2021-SFR1 2.76</title>
        <cusip>74331FAL5</cusip>
        <identifiers>
          <isin value="US74331FAL58"/>
          <ticker value="PROG"/>
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        <balance>445000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>391484.7500000000</valUSD>
        <pctVal>0.3423091048</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-04-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.757000000000000</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>Progress Residential 2021-SFR8 Trust</name>
        <lei>N/A</lei>
        <title>Progress Residential 2021-SFR8 Trust 2.38</title>
        <cusip>74333TAJ8</cusip>
        <identifiers>
          <isin value="US74333TAJ88"/>
          <ticker value="PROG"/>
        </identifiers>
        <balance>200000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>172721.3400000000</valUSD>
        <pctVal>0.1510252629</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-10-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.382000000000000</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>Prospect Capital Corp</name>
        <lei>549300FSD8T39P5Q0O47</lei>
        <title>Prospect Capital Corp 3.71 01/22/2026</title>
        <cusip>74348TAU6</cusip>
        <identifiers>
          <isin value="US74348TAU60"/>
          <ticker value="PSEC"/>
          <other otherDesc="SEDOL" value="BMYC6W9"/>
        </identifiers>
        <balance>544000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>489747.7600000000</valUSD>
        <pctVal>0.4282289854</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-01-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.706000000000000</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>Qorvo Inc</name>
        <lei>254900YAUJV2EUEVBR11</lei>
        <title>Qorvo Inc 4.38 10/15/2029</title>
        <cusip>74736KAH4</cusip>
        <identifiers>
          <isin value="US74736KAH41"/>
          <ticker value="QRVO"/>
          <other otherDesc="SEDOL" value="BMTQRQ7"/>
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        <balance>156000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>137911.0200000000</valUSD>
        <pctVal>0.1205875779</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.375000000000000</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>Radnor RE 2021-2 Ltd</name>
        <lei>N/A</lei>
        <title>Radnor RE 2021-2 Ltd 4.03</title>
        <cusip>75049GAA7</cusip>
        <identifiers>
          <isin value="US75049GAA76"/>
          <ticker value="RMIR"/>
        </identifiers>
        <balance>600155.4100000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>597771.6500000000</valUSD>
        <pctVal>0.5226836509</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-11-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.033189999999999</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>Ready Capital Mortgage Financing 2021-FL5 LLC</name>
        <lei>N/A</lei>
        <title>Ready Capital Mortgage Financing 2021-FL5 LLC 4.69</title>
        <cusip>75574YAG8</cusip>
        <identifiers>
          <isin value="US75574YAG89"/>
          <ticker value="RCMT"/>
        </identifiers>
        <balance>400000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>382662.1200000000</valUSD>
        <pctVal>0.3345947134</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-04-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.693709999999999</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>Ready Capital Mortgage Financing 2021-FL6 LLC</name>
        <lei>N/A</lei>
        <title>Ready Capital Mortgage Financing 2021-FL6 LLC 4.34</title>
        <cusip>75575TAG8</cusip>
        <identifiers>
          <isin value="US75575TAG85"/>
          <ticker value="RCMT"/>
        </identifiers>
        <balance>350000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>328249.5300000000</valUSD>
        <pctVal>0.2870170620</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-07-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.343710000000000</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>SBL Holdings Inc</name>
        <lei>N/A</lei>
        <title>SBL Holdings Inc 6.50</title>
        <cusip>78397DAC2</cusip>
        <identifiers>
          <isin value="US78397DAC20"/>
          <ticker value="SECBEN"/>
          <other otherDesc="SEDOL" value="BMFC576"/>
        </identifiers>
        <balance>403000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>316355.0000000000</valUSD>
        <pctVal>0.2766166418</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2170-11-13</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.500000000000000</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>SBA TOWER TRUST ASSET BACKED 144A 03/48 3.448</name>
        <lei>N/A</lei>
        <title>SBA TOWER TRUST ASSET BACKED 144A 03/48 3.448</title>
        <cusip>78403DAM2</cusip>
        <identifiers>
          <isin value="US78403DAM20"/>
          <other otherDesc="SEDOL" value="BF3VPX2"/>
        </identifiers>
        <balance>246000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>244906.4100000000</valUSD>
        <pctVal>0.2141429365</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.4480000000</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.HY.37 12/26</title>
        <cusip>SPES02HF4</cusip>
        <identifiers>
          <ticker value="/CDS"/>
          <other otherDesc="Internal ID" value="SPES02HF4"/>
        </identifiers>
        <balance>5638050.0000000000</balance>
        <units>OU</units>
        <descOthUnits>Swap Contract Amount</descOthUnits>
        <curCd>USD</curCd>
        <valUSD>-5286.459999999963</valUSD>
        <pctVal>-0.0046224109</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>
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            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Markit CDX North America High Yield Index</issuerName>
                <issueTitle>Markit CDX North America High Yield Index Series 37</issueTitle>
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                  <ticker value="CDX.NA.HY"/>
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            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <floatingRecDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="Markit CDX North America High Yield Index Series 37" floatingRtSpread="0.000000000000" pmntAmt="0.000000000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Month" rateTenorUnit="3" resetDt="Month" resetDtUnit="3"/>
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            </floatingRecDesc>
            <fixedPmntDesc amount="-55154.8400000000" curCd="USD" fixedOrFloating="Fixed" fixedRt="5.000000000000"/>
            <terminationDt>2026-12-20</terminationDt>
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            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>260264.599999999630</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>5638050.0000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>254978.14</unrealizedAppr>
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        </derivativeInfo>
        <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.HY.38 06/27</title>
        <cusip>SPKC06BZ5</cusip>
        <identifiers>
          <ticker value="/CDS"/>
          <other otherDesc="Internal ID" value="SPKC06BZ5"/>
        </identifiers>
        <balance>2277000.0000000000</balance>
        <units>OU</units>
        <descOthUnits>Swap Contract Amount</descOthUnits>
        <curCd>USD</curCd>
        <valUSD>27709.12999999989</valUSD>
        <pctVal>0.0242284980</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-20</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>
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            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Markit CDX North America High Yield Index</issuerName>
                <issueTitle>Markit CDX North America High Yield Index Series 38</issueTitle>
                <identifiers>
                  <ticker value="CDX.NA.HY"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <floatingRecDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="Markit CDX North America High Yield Index Series 38" floatingRtSpread="0.000000000000" pmntAmt="0.000000000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Month" rateTenorUnit="3" resetDt="Month" resetDtUnit="3"/>
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            </floatingRecDesc>
            <fixedPmntDesc amount="-22770.0000000000" curCd="USD" fixedOrFloating="Fixed" fixedRt="5.000000000000"/>
            <terminationDt>2027-06-20</terminationDt>
            <upfrontPmnt>0.000000000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>4073.709999999962</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>2277000.0000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>31782.84</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2022-10-25</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>
</edgarSubmission>
